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Show Erosa Page 15 September 22, 1960 ' A Rcselslisn A RESOLUTION authorising tha Issuance of $645j000 General Obligation Sewer Bonds of Central Davis County Sewer District, Davis County, Utah, for payment of such Sroviding confirming tha' sale thereof. WHEREAS purkuant to Chapter of Title IT of Utah Code Annotated, 1953, as amended, there has been heretofore creatdistrict ed an Improvement within Davis County, Utah, known as Central Davis County Sewer District; and at an election WHEREAS ahd JrArUogle r v A Company.' (6) Sculhera Skates Mission cells IL Clark Passey pre-lud- two-thir- d w semi-annual- ly District Kaysville, Utah Gentlemen: As per your Notice of Sale which said notice is made part of our bid for $645,000 General Obligation Sewer Bonds of the Central Davis County Sewer District, Utah, which said bonds are to be dated Sept. 1, 1960, and both principal interest (March 1, Sept 1) being payable at Barnes Banking Company, Kaysville, Utah, we offer the following proposal: For the bonds wing in the of $1,000 each, denomination maturing serially, and bearing interest rates as set forth below, we will pay you $645,000 and accrued interest to the date of delivery to us and a premium of $38.00. Rate Amount Maturity 3.50 3.50 3.50 3.50 3.50 3.50 3.50 5.000 5.000 5.000 5.000 10,000 10,000 10, 000 10, (XX) 15, OCX) 15.000 15, (MX) 15.000 Amount 3.781 3.75 3.75 3.75 3.75 Rate Maturity 3.75 3.75 3.75 3.75 3.75 3.75 3.75 4.00 4.00 4.00 4.00 4.00 15.000 15.000 20.000 20, (XX) 20,000 20,000 20, (XX) 20,000 20,000 20,000 20,000 20,000 Amount Rate Maturity 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 25.000 25.000 25, (XX) 25.000 25, (XX) 25.000 80, (XX) 30.000 80.000 30.000 25.000 4.00' i 4.00 4.00 In addition to the above interest rates the entire issue of bonds shall bear extra detachable coupons at the rate of 1.75 per annum from and to payable couIncluding supplemental pons. Ws eomputs the gross interest cost on the above specified rates from September 1,1960, to be $572,416.60, and that the net Interest cost, deducting premium offered, is (Net Effective Rate 4.0465). check find our Enclosed please In the amount of $32,250, which held to be said check is by you and applied as part payment for the bonds in the event we are the successful bidders, and to be forfeited by us as full liquidated damages if we fail to take up and pay for said bonds when they are ready for delivery, otherwise to be returned to us immediately. This purchase proposal Is sub-legality of the bonds S:t to the by Messrs. approved Chapman and Cutler, attorneys at law, Chicago, Illinois, whose approving legal unqualified opinion together with the printed bonds and transcript of the legal proceedings will be furnished the purchaser at your expense. The above proposal ie for Immediate acceptance only. Gross Interest Cost ..$557,412.50 Supplemental Coupona 15,904.10 0, Total Interest Cost Less Premium , $572,416.60 3H.00 Net Interest Cost Respectfully submitted, Edward I Burton A $572-378.- Company, 00 John Nuvetn A Company, V CONSTITUTIONAL CONSTITUTIONAL AMENDMENT A JOINT RESOLUTION PRO- to adopt such other measure POSING TO AMEND ARTI- as may be necessary and proper Layton A farewell testimoniCLE VII OF THE CONSTI- for insuring the continuity of Clark H. Elder al honoring TUTION OF THE STATE OF governmental operations includPassey will be held Sunday, UTAH BY ADDING A NEW ing, but not limited to the finSECancing thereof. In the exercise September 25, at 4 p.m. in the SECTION, NUMBERED TEMof the powers hereby conferred Layton Third Ward Chapel. TION 24, GRANTING EMERGENCY tne legislature shall in all reElder Passey has answered a PORARY POWERS TO THE LEGISLAspects conform to the requirecall to serve the LDS Church TURE IN THE EVENT OF ments of this Constitution exas a missionary in the SouthWAR OR EMERGENCIES cept to the extent that in the ern States. CAUSED BY WAR SUCH AS judgment of the Legislature so ENEMY NUCLEAR, ATOMIC, to ao would be impracticable or At the testimonial Sunday, OR SIMILAR BOMBING AT- woVld admit of undue delay. o Vera Pettit will play organ TACKS. Section 2. The Secretary of and postlude music and Be it resolved by the Legis- Stale is directed to submit this the opening song of the congrelature of the State of Utah, proposed amendment to the electors of the State of Utah of all members electgation will be Praise God from ed to each of the two houses at the next General Election in Whom All Blessings Flow. the manner provided by law. Russell G. Lindeman will offer voting in favor thereof: Section 1. It is proposed to Section 8. This amendment the invocation and the sacraamend VII of the Con- shall take effect immediately on ment song of the congregation stitutionArticle of the State of Utah adoption by the electors of this will be I Stand All Amazed. by adding a new section thereto State, Musical numbers will be two designated. Section 24, to read: I, LAMONT F. TORONTO. selections from a string quarNotwithstanding any general Secretary of State of the State tet composed of John Steiner, or special provisions of the Con- of Utah, DO HEREBY CERSeptember 1, 1980, Joel Passey, Jeaneen Merrill stitution the legislature, in order TIFY that the foregoing is a $40 if redeemed thereafter on will to insure continuity of state and full, true and correct copy of the or prior to September 1, 1985, and David Dodart. Speakers Linlocal go ernmental operations constitutional amendment probe Bishop McKinley, Lynn in periods of emergency result$35 if redeemed thereafter on posed by the regular session of misof the the deman, parents ing from disasters caused by the Thirty-Thiror prior to September 1, 1990. Legislature, the Elder shall have Passey. sionary and enemy attack, 1959. as appears of record in $30 if redeemed thereafter priimmediate the duty my office. power and or to maturity. Closing song of the congre(1) to provide for prompt and IN WITNESS WHEREOF, I Thirty days notice of redemp- gation will be God Be With temporary to the succession tion is to be given by publicahave hereunto set my hand and You Till We Meet Again, folof and duties public powers affixed the Great Seal of the tion one time in a financial lowed by the benediction by 0. offices, of whatever nature and State of Utah, at Salt Lake City, newspaper or journal published whether filled by election or ap 22nd day of August, I960. in the City of New York, New the incumbents of this SECTION 6. That there shall pointment, York, or Chicago, Illinois, and LAMONT F. TORONTO which may become unavailable by registered mail to the pay- be levied in each year while for carrying on the powers and Secretary of State. and bank. bonds said are outstanding ing agent duties of such offices, and (2) (SEAL) This bond is one of a series unpaid, in addition to all other of bonds of like date, tenor and taxes authorized by the Coneffect, except as to maturity stitution and Laws of the State (and interest rate) issued by of Utah, a tax on all taxable Sewer propertv in said district fully Central Davis County District, under the provisions of sufficient to pay the interest as Chapter 6 of Title 17 of the the same shall become due, and Utah Code Annotated, 1953, for to pay the principal of said the purpose of paying part of bonds falling due each year. the cost of the acquisition of a The proceeds of said tax shall sewage collection and outfall be devoted and applied to the scripture, and a study of modsystem and a sewage treatment payment of said interest and ern Protestant theology. The and disposal plant for said dis- principal as each shall become year of study was Father Bren-- ! trict, and for the purpose of due, and such taxes shall be nans tenth year of studies since paying such legal, engineering levied without limitation as to and fiscal agent expenses rea- rate or amount. It shall be the his entrance into the Paulists sonably incurred in connection duty and obligation of the Board in 1950. with the acquisition of such sys- of Trustees to certify annually The Paulist Fathers admintem and with the authorization to the Board of County Comister the Catholic parish coverand issuance of such bonds as missioners of Davis County in may be properly payable from due season, taxes to be levied ing the Northern half of Dathe proceeds thereof, and is is- by the Board of County Comvis County. The Parish was sued under and pursuant to the missioners of Davis County, fulfounded in 1913 and is under Constitution the to provisions of ly sufficient carry out the the direction of the Most Rev. and Laws of the State of Utah, requirements of this section. Joseph Lennox Federal, D.D., and pursuant to a resolution The taxes herein provided for Roman Catholic Bishop of Salt adopted by the Board of Trus- shall be levied beginning with Lake City. tees of said district on Septemthe year 1900 and each year ber 8, 1960, having been auth- thereafter until all of said bonds orized at an election held in have been paid as to principal Bad Feeling aaid district on May 3, 1960. and interest. Principal or interThat woman sings with a The Board of Trustees of said est falling due at any time when great deal of feeling. district, acting as the governing the proceeds of said tax levy Well, I hope she doesnt feel authority of said district, coven- may not be available shall be ants and is by law required to paid from other funds of the as bad as she sounds. cause to be levied annually a district and such funds shall be sufficient tax to pay the inter- reimbursed from the proceeds est on this bond as it falls due of said taxes when said taxes and also to constitute a sinking shall have been collected. Father John P. Brennan . . . fund for the payment of the SECTION 7. That the sale assistant pastor at St. Rose principal thereof as the same of said bonds to Edward L. Burof Lima. 8:00 due. falls ton & Company, Salt Lake City, It is hereby certified, recited Utah, and associates, at the Father John P. and declared that all acts, con- price of par and accrued interSt. Rose Church Layton ditions and things essential to est plus a premium of $38.60 is Brennan, C.S.P. of the Paulist Basement the validity of this bond exist, hereby ratified, confirmed and Fathers has been appointed ashave happened and have been approved. Rose of St. of SECTION 8.' That this reso- sistant pastor done, and that every requireLAYTON In addition to the above in- ment of law affecting the issue lution shall be published imme- Lima Catholic Church. Father terest rates all bonds shall bear hereof has been duly complied diately after its adoption in. the Brennan replaces Rev. George extra detachable coupons at the with, and that this bond is with- Weekly Reflex, a newspaper klelmich, C.S.P. who served in rate of 1.75 per annum from in every debt and other limit published in and of general cir- the Layton parish. Father Pa- Valuable Prizes to prescribed by the Constitution culation in the district. Font trick Curtin, C.S.P. is pastor. payable Donations $1.00 Laws and and of the State of Utah, period of thirty days after the Father Brennan was ordained The bonds shall be optional and that the full faith, credit date of such publication, any to Francis the priesthood by for redemption in inverse nu- and resources of said district person in interest shall have the merical order on September 1, are hereby irrevocably pledged right to contest the legality of Cardinal Spellman in May 1959 to the punctual payment of the said resolution and of the bonds and his first appointment was 1975 and on any interest payRENT ment date thereafter at par and principal of and interest on this authorized thereby and the pro- a slimmer assignment at St. visions made for the security Rose of Lima. During the past accrued interest to the date fix- bond, according to its terms. IN WITNESS WHEREOF, and payment of the bonds. After ed for redemption plus the foladvanced year he undertook Sewer the expiration of said thirty lowing premiums for each bond Central Davis County Paul-ls- t the at training pastoral so called for redemption: District, Davis County, Utah, days no one shall have any in BosCenter Information of cause of action to contest the $45 if redeemed on or prior to acting through its Board Trustees as its governing body, regularity, formality or legality ton, Mass. The Information September 1, 1980. Center in Boston offers classes thereof for any cause whatso$40 if redeemed thereafter on has caused this bond to be signor prior to September 1, 1085. ed by the Chairman and attest- ever. of instruction to DELL'S SECTION 9. That the Cleik who are interested in learning $35 if redeemed thereafter on ed by the Clerk of said board, or prior to September 1, 1990. and has caused the corporate of the Board of Trustees is hoie-b- y what Catholics believe. 135 N. Main seal of said district to be hereto $30 if redeemed thereafter priauthorized and directed to In addition to his work with or to maturity. affixed, and the attached cou- forward a certified copy of this CLEARFIELD lectures in pastoial Thirty days notice of redemp- - pons to be signed with the fac- resolution to the Clerk of the attended Catholic theologv, counseling, tion is to be given by publica- simile signatures of said Chair- - Board of County Commissiontion one time in a financial man and Clerk, which officials ers of Davis County, with the newspaper or journal published by the execution hereof do adopt request that said Board of Coun- in the City of New York, New as and for their own proper sig- - ty Commissioners levy the tuxes York, or Chicago, Illinois, and natures their facsimile signa- - hereinabove provided in hue by registered mail to the pay- tures appearing on each of said tion (i. SECTION 30. That all resoing agent bank. coupons, all as of the first day SECTION 3. That said bonds of September, 1960. lutions and orders or shall be signed by the Chairman thereof in conflict herewithpails me to the extent of such conflict and shall be attested by the Chairman Clerk of the Board of Trustees Attest: DRIVE-I- N hereby repealed and this reso. and shall have impressed therelution shall be in effect fium on the official seal of said diand after its passage. Clerk. HY. 91 NORTH OF LAYTON strict Interest accruing on said Adopted and approved Sep(Form of Coupon) tember 8, I960. bonds on and prior to maturity Number $ shall be evidenced by coupons On the first day of (s) J. C. LINFORD, , 75c to be thereto attached, which 19 the hereinafter , unless Chairman. coupons shall be signed by said mentioned bond is then optional Attest: 12 officials by their fascimile sig- for redemption and has been (s)William C. Rigby, natures and said officials shall duly called for redemption and Box Office Opens at 6:30, Show Starts at Dusk Clerk. Published in by the execution of said bonds provision for the payment of The Weekly adopt as and for their own prop- the redemption price duly made, Reflex September 22, 1!khi. Wed., Thurs., Fri., Sat. Sept. 21, 22, 23, 24 er signatures their respective Central Davis County Sewer facsimile signatures appearing District, Davis County, Utah, on said coupons. will pay to the bearer hereof at SECTION 4. That such bonds Barnes Banking Company, shall contain a recital that they Kaysville, Utah, the sum of . are issued under authority of Dollars ($ Chapter 6 of Title 17 of the ) in lawful money of Utah Code Annotated, 1953, and the United States of America, the recital to such effect con- being the interest to that tained in the form of bond set amount then due on its General out in Section 5 hereof is here- Obligation Sewer Bond dated 1113 No. Main by approved. Such recital shall September 1, 1960, and number-e- r Sunset conclusively import full compliance with all of the provisions Open 24 hrs. a day of said chapter, and the bond Chairman. hall be incontestable for any Attest! cause whatsoever after their delivery and sale. Clerk. SECTION 5. That the bond and the coupons to be thereto attached shall be in substantially the following form: (Form of Bond) 3 BIG HITS BONUS NIGHT SAT. ONLY UNITED STATES OF AMERICA WOMEN FIVE BRANDED 7:35 STATE OF UTAH 250 9:00 PORTRAIT BLACK DAVIS COUNTY CENTRAL DAVIS COUNTY 10:40 BONUS FEATURE Open SEWER DISTRICT Evenings GENERAL OBLIGATION And Eeek-End- s SEWER BOND September 25, 26, 27, 28 Wednesday Number $1,000 KNOW ALL MEN BY THESE PRESENTS that Central Davis County Sewer District, Davia County, Utah, hereby acknowlADOAMS uuiRCNCC HARVEY edge itself indebted and for value received hereby promises KIRK CLEMENTS IICHAR CRAIG WHEREAS, prior to advertising the sale ef aaid bonds, the board offered the bonds to the Commission of Finance and said Commission waived its right to purchase said bonds; NOW, THEREFORE, Be It Resolved by the Board of Trustees of Central Davis County Hewer District, Davis County, Utah, as follows: SECTION 1. That for the purpose of paying part of the cost of the acquisition of a sewage collection and outfall system and a sewage treatment and disposal plant for said district, duly called and held on May 3, and for the purpose of paying such legal, engineering and fis1960, within the territory comprising said district, the follow- cal agent expenses reasonably ing proposition was approved incurred in connection with the by the qualified, taxpaying, reg- acquisition of such system and istered electors residing in said with the authorization and issuance of such bonds as may be district: Shall the bonds of Central properly payable from the proDavis County Sewer District in ceeds thereof, there shall be issued the General Obligation the aggregate amount of maturing in not to ex- Sewer Bonds of said district in ceed forty (40) years from the the amount of $645,000. SECTION 2. That said bonds date thereof and bearing interest at not to exceed the rate of shall be numbered 1 to 645, insix per cent per annum, clusive, shall be dated Septemto be issued by said district for ber 1, 1960, shall be in the dethe purpose of paying part of nomination of $1,000, shall bear the cost of the acquisition of a interest at the rates hereinbe-loset out until paid, said insewage collection and outfall system and a sewage treatment terest to be payable September thereand disposal plant, for said dis- 1, 1961, and trict, and for the purpose of after on March 1 and Septempaying such legal, engineering ber 1 of each year, which inand fiscal agent expenses rea- terest falling due on and prior sonably incurred in connection to maturity shall be representof such ed by appropriate interest cou with the acquisition system and with the authoriza- pons to be attached to sych tion and issuance of such bonds bonds. The bonds shall be pay as may be properly payable able as to both principal and in' from the proceeds thereof, which terest in lawful money of the at bonds shall be payable either United States of America entirely from ad valorem taxes Barnes Banking Co., Kaysville, or entirely from the operating Utah, and shall mature serially revenues of all or part of the in numerical order on Septemfacilities and properties of said ber 1 of each of the years, and district, or in whole or in part be numbered and bear interest from both ad valorem taxes and as follows such operating revenues, in the discretion of the Board of Trustees of the district? and WHEREAS pursuant to notice of sale duly published $645,-00- 0 General Obligation Sewer Bonds of said voted issue, dated September 1, I960, have been sold to Edward L. Burton & Company of Salt Lake City, Utah, and associates, at the price of par and accrued interest to the date of delivery plus a premium of $38.60, the bid of said purchasers being the highest and best bid submitted for said bonds, and reading as follows: September 8, 1960 TO. Honorable Board of Trustees, Central Davis County Sewer . 1 and September 1 of each year, intereat falling dua on and prior to maturity being payable only upon presentation and surrender of 'the attached interest coupons as tha same severally become dua. Interest falling due hereon on each data upon which interest ia payable at tha higher of tha aforementioned rates ia represented bv two coupons hereto attached, either of which may bo presented and will be paid apart from the other. Both principal of and interest on this bond are payable in lawful money of the United States of America at Barnes Banking Co., Kaysville, Utah. The bonds of this Issue of General Obligation Sewer Bonds are optional for redemption on September 1, 1975 and on any interest payment date thereafter at par and accrued interest to the date fixed for redemption plus the following premiums for each bond so called for redemption: $45 if redeemed on or prior to March pastor comes to (lev St. Rose of Lima Church AMENDMENT" A JOINT RESOLUTION PRO- and personal property,' not to POSING TO AMEND ARTI- exceed $2,900 ia value for CLE Xin. SECTION 2 OF THE home and homesteads, and allhCONSTITUTION OF THE ousehold furnishings, furniture, STATE OF UTAH, RELATING and equipment used exclusively' TO TANGIBLE PROPERTIES bv the owner thereof at hi -EXEMPT FROM TAXATION. place of abode in maintaining Be it resolved by the Legis- a home for himself and family.7 lature of the State of Utah, Property not to exceed $3,000 of all members elect- in value, owned by disabled ed to each of the two houses persons who served In any waf-the military service of tha Toting in favor thereof: Section 1. It ia proposed to United States or of the State amend Article XIII, Section 2 of Utah and by the unmarried of the constitution of the State widows and minor orphans of such disabled persons or of per- of Utah to read as follows: AH tangible property in the sons who while serving In th atate, not exempt under the military service of the United laws of the United States, the States or the State of Utah State of Utah, or under this were killed in action or died as constitution, shall be taxed in a result of such service may proportion to its value, to be be exempted as the legislature ascertained as provided by law. may provide. The legislature shall provide The property of the state, counties, cities, towns, school dis- by law for an annual tax suffitricts, municipal corporations cient, with other sources of and public libraries, lots with revenue, to defray the estimated the buildings thereon used ex- ordinary expenses of the State clusively for either religious for each fiscal year. For the worship or charitable purposes, purpose of paying the state and places of burial not held or debt, if any there be, the legisused for private or corporate lature shall provide for levying benefit, shall be exempt from a tax annually, sufficient to pay taxation. Water rights, ditches, the annual interest and to pay canals, reservoirs, power plants, the principal of such debt, withtransmission in twenty years from the final flumping plants, and flumes owned passage of the law creating tha and used by individuals or cor- debt. Section 2. The secretary of porations for irrigating lands within the state owned by such state is directed to submit this individuals or corporations, or proposed amendment to the electhe individual members thereof, tors of the State of Utah in the shall not be separately taxed as next general election in the long as they shall be owned and manner provided by law. used exclusively for such purSection 3. If adopted by the of this state, this poses. Power plants, power electors lines and other amendment shall take effect transmission property used for generating the first day of January, 1961. delivering electrical power, a I, LAMONT F. TORONTO, of which is used for of State of the State Fortion Secretary power for pumping of Utah, DO HEREBY CERon water for irrigation purposes TIFY that the foregoing is a lands in the State of Utah, may full, true and correct copy of the be exempted from taxation to constitutional amendment the extent that such property posed by the regular sessionpro-of i3 used for such purposes. These the Thirty-Thir- d Legislature, exemptions shall accrue to the 1959. as appears of record in benefit of the users of water my office. so pumped under such regulaIN WITNESS WHEREOF, I tions as the legislature may have hereunto set hand and prescribe. The taxes of the indi- affixed the Great my Seal of gent poor may be remitted or State of Utah, at Salt Lake the City, abated at such times and in such manner as may be provided this 22nd day of August, 1960. LAMONT F. TORONTO bv law. The legislature may provide for the exemption from Secretary of State. taxation of homes, homesteads. (SEAL) two-thir- Dcn't Le! Heme Fires or Damaging Storms Hold You Up! Fire and storm steal millions of dollars every year from home owners. Protect your investments from these thieves with Games Night p.m. Friday, VERN M. SMITH Phone TA 133 So. State, Clearfield A SERVICE THEATRE Kaysville Theatre Kaysville. Utah SHOW STARTS 7:30 One Complete Show Each Night PHONE 37 Wed., Thurs., Fri., Sat. Sept. 21, 22, 23. 24 Tony Debbie S?4 xf cutmwJri PERIBERG-SEATO- 1 Adults. Children Under FREE Sunset Cafe 90c Merchants Lunch Daily HOMES. ..FOR SALE Open House Happy Homes 2nd So. West. KAYSVILLE 11 un to pay to the bearer hereof the sum of One Thousand Dollara ($1,000) on the first day of Sep, with Interest tember, 19 thereon at tha rate of ) per an' per cent ( nnm from date to November 1, 1960, at the rate of ) per annum per cent ( thereafter to March 1, 1962, or to maturity whichever is earlier, and at the rata of . .i cent (.... ) pr annum thereafter until paid, payable September semiTnmmaHv t- - 1, 1961 ' and ILEMT Mmuimr Small KMrf Down Payment FJUU by Lyn Imtll Builder tmtQ MMIrNHI ENEMY technicolor! m OAKIEKAY MEDf j ORDDON RICKIES ; L Kids Show Saturday All Seats 25c 1:30 p.m. Sun., Mon., lues, and Wed. September 25, 26, 27, 28 For This Engagement Two Shows Daily 5:00 and 7:30 p.m. wfth all your heart |