Show AN A X ORDINANCE to provide amonoy for tho construction st of water works I 1 c it ordained by Y tile the city council of logan city C cache ache county countr utah territory 6 SECTION 1 that forty thousand bood 0 dollars br borr borrowed ovied on oil tile the credit tf td logan lafan city in cache county in ill utah ten atory lor or the purpose of water works to be owned and controlled by said eaid city and for tile the purpose of liquidating the of said city heretofore inclined or which aielt may hereafter be incurred prior to tho the su sale of its bonds as hereinafter provided for or in the construction of such system saltern of water arc 8 rc 2 that said money borrowed be borro ned hy by the issuing of tile lle negotiable coupon bonds of said city to tile the arno amount lint of bort forty F y thousand dollars said bonds to be in the denomination of one dollars cach ind and to bear interest at the rate of five 15 1 per cent per annum to be payable semiannual semi seini annual ly according ac cordin to interest lat creat coupons at to said i 1 l bonds and that raid gaid bowle bonda run for tile the period of twenty years and be absolutely twenty from their dates are 0 3 said bonds shall be known us ns lon incan city water works bunds eries A and shall be bedsted dated december met 1811 1892 for tile the sum suin of one thousand ard lOO Oj dollars each catch numbered from one to forty inclusive and bachof each of said eaid foods shall boar bear coupons for the in lert at so arranged ti that 1 at they may be acde de tallied baclic d without I 1 aaion of the ends said coupons shall be numbered froni from one to furty both inca inclusive and each coupon olt hill all be forthe or the sum of tit enty nac tive il ollars dollars pvc 4 I 1 that said faid bonds biall shall be by the mayor and city recorder and attested by the corporate sent seal of litlie the city find and the maor afa or a and lid city recorder Ite corder are hereby to execute paid bonds and tile the city recorder dball sign eign B mid L id interest coupons however that ins ills signature to the said interest coupons il may n a 1 bo e ev evidenced i 1 e n c etu by having his I 1 lithographic 1 t sho g ay iy 1 1 i ic s signature i g n a ru 1 printed princea thereon SEC 5 each of said bonds shall be in in the folio nias form |