Show PASSED resolution BY CITY COUNCIL FEBRUARY 16 1918 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ST GEORGE that the city recorder be and is hereby authorized and directed to receive subscriptions for one hundred additional shares in the st george and cottons reservoir under the following regulations the subscription list to be open to the original owners of stock in the st george and cottonwood canal to complete their subscriptions from ninety percent 90 of their present stock so as to aquil shares of or divided shares of 62 50 said preference right to the subscription of stock to be fora period of eight 8 davs after the first publication of the notice of recorder calling for subscription of additional stock said notice to be published in the washington county news on and after the expiration of the eight 8 days allowed to the original and present stockholders the subscription of stock shall be open to any owner of real estate within the city of st george to the amount of four shares at each or eight 8 shares at 62 50 each or that at the tune of making subscription the party making the subscription shall pay to the city treasurer in cash five percent 6 of his proposed subscription and shall present to the city recorder the city treasurers Treasur ers receipt for said amount whereon the city recorder shall ed to enter the subscription upon hii record of subscriptions the subscriber will also be required to pay in cash or labor thirty five percent 35 of the amount of his sub during the year of 1918 in work or cah to expended be on the st george and cottonwood reservoir the other sixty percent 60 of the amount of their subscription shall as provided for by resolutions and regulations heretofore made and passed passed feb 16 1918 G E MILES recorder |