| OCR Text |
Show Friday, October 7, 1955 Garfield Leader, Garfield, Utah sufficient to carry out th reouire-distrimenu of this section. The taxes herein provided for shall be beginning with the year 1953 and each year thereafter until all of said bonds have been paid as j to principal and interest. P: incipal or interest falling due at any time when the proceeds of said tax leUkeCoun,y. of vy may not be available shall be I Total ! D paid from other funds of the disof the prwitoth. SiVSiS-ft- .princip:! compliance with $ said board Number the! trict and such funds shall be reCONSULT resolution adopted and by said sums chapter, daied of amount and be $70,000, shall from the date thereof On the first day of . AMD imbursed from the proceeds of 2, 1955. PROBATE on for August shail nntestabre bonds de-j bearing interest at not to cxeied August 1, 1955, shall be in the Water Cam- - said taxes when said taxes shall of said Trustees ... of Board Magr.a The SHIP NOTICES. their ,13 after whatsoever cause the rate of 4 per cent pci annum, nomination of $1,000, shall bear any district, acting as the governing pony, an Improvement District, have been collected and sale. be issued by said district for the interest at the rate of 1 2 per delivery Section 7. That the sale of said 5. That the bonds and authority of said district, cove-- 1 Sait Lake County, Utah, will pay - cent Section i:nsaid annum l c until paid, per 'pm pose i,f paying the - Hants and is by law required to to the bearer hereof at First Se- bonds to First Security Bank of Mgna. Utah attachto be thereto the coupons 1, svstinto be interest payable Februmy 'proving and Place Branch, August 23, 1955 ed shall be in substantially the cause to be levied annually a u- - curity Bank of Utah. Exchange Utah, Exchange The Board of Tiustees of M..g-- u.nl 01- the supply, treatment and 1058 and on Place Branch, Salt Lake City, Salt Lake City, Utah, at the price interest to the tax ficient pay form: 1 following on August 1 end February Water Company, an Improvejbution of water for ...d Dol- - of par and accrued interest and a this bond as it fails due and also lit h t ic sum of (Fnrm of Bond) ment District. Salt Lake Crunly, umj for th(. pmpu.c f pay-- , of each year, which interest fall- premium of $125.00 ii hereby ratmonlawful in a ) fund i$ constitute to AMERICA OF STATES sinking for;lars UNITED on engine--- : mg and ing due on and prior to maturity Ulah, mot in regular session ing SU(;j, of the principal ey of the United States of Amer- ified, confirmed and approved. the UTAH OF payment STATE shall be represented by appropriagent expenses ic.iso.ubly j Sectiun 8. That this resolution August 23, 1955, at the regular ica, being the interest then due on thereof as the same falls due. SALT LAKE COUNTY wi.h atc interest coupons to be altach-Waie- r : meeting plaee Of said boai.l in the incurred in connection dated 1, shall he published its Water Bond, immediately August COMPANY WATER MAifiNA It is hereby certified, l Kited 1955, and numbered uni w,u, the authorization and cd j such bonds. The bonds shall Company office in Magna, after its adoption in the Magna WATER BOND h'-- ! due. to a as P.M. be.be both condibonds o'clock of payifalc 8:00 principal nny such all at that and declared issuance acts, Utah, Chairman Times, a newspaper published in $1,000 s.i..i pro-'en- d interest in lawful money of Number tions and things essential to the Attest: properly payable frombmJ--tm- sh:-!gal and timely notice cl Salt Lake County, Utah, and of , Clerk all at to America the United of States tocds thereof, wh'ch meeting having bepn given KNOW ALL MEN BY THESE validity of this bond exist, have general circulation in the district. Ex-the lawand j,t. general obligations of and p.iy- First Security Bank of Utah, Srrti.m 6. That there shall be For a period of thirty days after men bers as required by Water happened and have been done, that PRESENTS, Magna vaSalt Lake of levied each year while said bonds the date of auch publication, any change Place able from the proceeds of a rules of said board. Company, an Improvement Dis- and that every requirement The meeting was called to or- j jn., laXfs to be levied on all City, Utah, and shall mature ser-d- trict, Salt Lake County, Utah, law affecting the issue hereof has are outstanding and unpaid, in person in interest shall have the order on Au-O- n by Chairman E. 1). Jenkins, taxable properly in su:d di.drict tally in numerical acknowledges itself to be been duly complied with, and that addition to all other taxes author- right to contest the legality of said each , the yea, s and ,iej hereby Constitution Lawi ized and roll call, the following mem-- 1 jn amounts sufficient fm sue.i iir- - gust 1 and the within bond ii this by refOiuti0n and of the bonds an every received value indebted and lor ' numbered as follows: le tiers, constituting a iiu-'- i uin, were pose: "promises to pay to the other limit preacribed by the Con- - of the State of Utah, a tax on all thorized thereby and the hereby : and of property in said district si0ns made for the security and present: 1 to 4 1958 bearer hereof the sum of One stitution and Laws of the State $4,000 cre- - fully sufficient to pay the interest .payment of the bonds. After the to n Ucc 5 WHEREAS pmsu-r- .l 1959 Thousand Dollars ($1,000) on the j Utah, and that the full faith, 4.000 to 8 P. W. Seay, Trustee as the same shall become due, and expiration of said thirty days no said bonds 9 of district said resources and dit sale 19 of with published of , duly first 1960 August, to 12 day E. J. Gardner, Trustee 4.000 to to pay the principal of said bonds I,. Bur- - 13 have been sold to Edward shall have any cause of artion 1961 interest thereon at the rate of are hereby irrevocably pledged . ke 4.000 to 16 Absent: None. each year. The pro- - 10 contest the regularity, fo mal- & Company, 1962 Three and one-ha- lf per cent (3-- 1 '2 the punctual payment of the prin- fallingofdue ,Cy' 17 to 21 5.000 After the roll had been called ton said tax shall be devoted , on this bond, cceds re of legality thereof for any 1963 per cent) per annum from date cipal of and interest 22 to 26 5.000 jy or whatever. with the above result, the follow-- 1 Utah, at the p:lo e PJ to the payment of cause and 1. according to its terms. applied crued interest until in February introduced was daJes?sd00 31 5.000 paid, payable to 1964; ing resolution the.-eaa p' ' IN WITNESS WHEREOF, Mag- said interest and principal as each 1965 1956 and 32 t0 3 5.000 written form by E J. Gardner, by Ijyery and Section 9. Taat ail resolutions an Improve-- 1 shall 'oecomc due, and such taxes of said purchasers being 37 to 41 1966 ter on the first day of August and na Water Company, 5.000 E. J. Gardner and seconded by bid best fuair.itand 'the highest w 5.000 P. W. Seay, wa adopted by the and ted for said 47 to 52 6.000 following vote: WHEREAS prior to advertising 53 to gj 6,000 Aye: E. D. Jenkins the sale of said b inds, this hoard ijg 0 P. W. Seay 6,000 and after its passage Commis-'gto the interest coupons as the same se- - by the Chairman and attested by nuaily to the Board of County-' from offered the bonds j E. J. Gardner 7g 6,000 of said board, and has Commissioners of Salt Lake Coun- . Section 10. That the Clerk of Clerk princi-.th- e Commis-- 1 Both and said become due of Finance sum Non.verally Nay: Section 3. That said bonds shall nal of and interest on this bond 'caused the corporate seal of said ty in due season taxes to be levied j this Board of Trustees is hereby sion waived its right to purchase The resolution if as follows: of County Commis- - authorized and directed to for-th- e be and said signed by the Chairman and are payable in lawful money of district to be hereto affixed, and by the Board bonds; RESOLUTION A authorizing of Lake County fully Salt (Continued on Next Page) to be sioners annexed of at the coupons Clerk signed shall of the is he attested America now to desired it United Stales WHEKEAS by the issuance of $70,000 Water Ex shall and Trustees of Bank Utah. the Board of First Securi.y Bonds of Magna Water Company, provide for the issuance of the an Improvement District, Salt bonds voted In the proposition have impressed thereon the offi- FIRST SECURITY. Bank . cial seal of said district. Interest 0f Salt Lake City, Utah, Lake County, Utah, providing for aforesaid; payment of such bonds and con- - NOW, THEREFORE, Be It Ra-- accruing on said bonds on and- j This bond is one of a series ef-of'solved by the Board of Trustees prior to maturity shall be evidenc- bonds of like date, tenor and firming the sale thereof. WHEREAS pursuant to Chap- - of Magna Water Company, an Im- - ed by coupons to be thereto at-- 1 feet, except as to maturity issued ter 6 of Title 17 of Utah Code An-- 1 provement District, Salt Lake tached, which coupons shall be fay Magna Water Company, an signed by said officials by their Improvement District, under the notated 1953, as amended, there 'County, Utah, as fallows; cf Chapter 6 of Title Section 1. That for the purpose facsimile signatures and said has been heretofore created an provre'on district within Sail of paying the cost of improving ficials by the execution of said 17 of Utah Code Annotated, 1953, Lake County, Utah, known as and extending the system for the bonds ohall adopt as and for their for the purpose of paying the cost supply, treatment and distribution own preper signatures their re- - of improving and extending the Magna Water Company; and WHEREAS at an election duly of water for said district and for ipective facsimile signatures ap- - system for the supply, treatment NOTICE pearing on said coupons. Section 4. That such bonds shall o contain a recital that they are is'penses reasonably incurred in .said district the fulluwing prop-rei- nection therewith and in cmncc-a- a sued under authority of Chapter Magna Timas is qualified tmn was approved fay the quali: s lion with the authorization and 6 of Title 17 of Utah Code Annof taxpaying registered a Maws pa par to publish Legal the recital to such t issuance of the bonds there shall tated, 1353 and . in the district tiainn haan BDoroved 'esiding -effort WaE. the Strict be Shall the bonds of Magna .tiS 5hTreS theThird District Court of Salt cun-Th- eh.-cto- u-- ' ; jebondsof E,SM ; and distribution of water for said and for the purpose of paying all legal, engineering and agent expenses reasonably incurred in connection therewith and in connection with the au- -, thorization and issuance of the bonds, and is issued under and j with the facsimile signatures of said Chaii :nan and Clerk, which officials by the execution hereof do adopt as and for their own pro-ie- d per signatures their facsimile sig-- 1 natures appearing on each of said coupons, all as of the first day of August, 1955. ct ; lev-fisc- al j tSASSESSS oUtand yc-ir- s .r 1 na semi-annual- ly -r ' ial, in--- , I i 1 er -' o-- I de-h- t provi-tuxab- , St ig . , n semi-annual- ly f- ..the for Everybodyl Permit us to tell you why... vim. Top Trade-in- s Today ! Top Resale Tomorrow ! VV , Y0bP 0 . rM I, m tra Your sons and daughters your grandsons and granddaughters are valued customers of First Security Bank. 'I: 4 Thousands of them have already entrusted us with their savings. And we invite thousands more to learn the value of saving systematically. Super "$$" Holiday Caupd ... OCTOBER DBALINa DAYS ARK HERB AND WEIL MEET YOU MORE THAN HALFWAY I Over to Olil. in UnT Ortolx-- r . , , thats the smartest mnvr you ronM make! It will be these thrifty citizens of tomorrow who will guide the destinies of this great Intcrmountain region. And the earlier each boy and girl begins saving regularly, the scundcr their future will be, individually and collectively as our leading citizens of tomorrow, ,V0 ACCOU.XT IS TOO SMALL al First Security Bank. MV offer ouracilities to help young people save. Ami it's smart in ihrrr big wavs! First, you get the "Rochet" Engine LOCAL DELIVERED Oldsmebile "II" PRICE Olil.inohilr that has set an Sodan e ifesfj popularity record. Secondly, youll find that our "October Offer" on your present ear is trrrific! And finally, the Oldsniohile you buy today will ktJJ its value. Stale and local tasot (xtra. Your price dopmdi upon choice Any way you look at it, this i of olol end body ityl., optional .qulp-o- nt end accomrlri. Prkw aiay very dSgMfy time fiir artion. So come in! Theres a "Rocket" tor every pocket ... a deal thats right fur you! hi O La D S IV3 O BILE VISIT I H I "ROCKET ROOM. ..AT YOUR OLDSMOBILI DIALIBSI PAUL0S BROS. INC. Dial 2000 or 661 1 Magna, .Utah Nnf Secwrfty Bonk of Moke, National AuitlaHon tint Security lank of Utah, National Auecfetiea tint Security Sunk of Ruck Spring c, Wyoming JMentheri Federal Deposit Insufence Corporation |
