Show r V Y i i f 1 f k r Ordinance Ali An- Ordinance v An Ordinance providing fo for r I I 4 1 tho the Issuance and Sale Salo of th P Ephraim City Electric Ligh Light l Bonds Bond s Be it or ordained by the tho city w L. L of E im City Utah a aw as follows follows SEC I tb t that C. C R. R Dorius Dorins if Mayor of Ephraim City am an and James Jame Frost Fro t the City Records Record's of said city are arc heresy hereby empower empower- g. g sd mI directed and aDd ordered or ered as mayor and city recorder of sail sai said Ephraim City to issue sign an am and seal with their respective signatUres signa- signa t tares tUres res and the the- seal of said city 51 twelve bonds If the oi of One Thousand nd Dol Dollars lays lars each payable to beare bearer absolutely in twenty years from tron July 1 1905 and after ten years year eurl at the option of said Ephrain Ephraim City eity and to bear hear interest at the thi of 6 per cent per annum interest payable semi-annually semi principal and aud interest payable ii it in 1 staId gold old coin at the state bank o of Utah Salt Lake City Utah for foi forthe the purpose of- of constructing ai at electric light and power plant t to be owned and controlled by th the said Ephraim City Said bond bonds I Ishall c 4 shall be known as at the Ephrain Ephraim City Electric Ll Light bt Bonds anc and j the said mayor and city recorder I shall issue and attach to to said bonds bond te ther required interest coupons dul duly Lif r l. l it 7 r. r d I f fac simile 1 of f their I 5 i. i signed l Ia aC c said attires res SEC II II That the bonds when sc so S issued shall be Liu issued to Blanche Blanch T. T Bailey City Treasurer of said Ephraim City and she sho as city treasurer is hereby fid sd empo empowered eyed and directed to db dis dispose 7 pose of said bonds upon the tho market mar mur- ket ket for the highest possible price pricey y in cash provided that such h bonus bonds I Shall not be he sold for losS less less less- than their face value the funds de derived derived 11 v- v ed cd from tho the said sale of said l' l bonds shall be used for the purpose purl pur pur- tV l' l pose of constructing a system of frt 1 electric lights in and for the city r cf Ephraim the said plant to be owned aud and controlled by said city The fund the from derived derived- from the sale salo of Said bonds shall be known as as' the Ephraim Electric Electrio Light Li ht Fund SEC Ill lU That III-That That That this this' ordinance or shall hall tithe take eff effect ct immediately upon its passage and approval Passed and approved this tr t day of July JulyA A. A D. D 1905 C. C R DORIUS- DORIUS Attest Attest- Mayor J JAMES AMES FROST Re Recorder order z State of Utah County of ofSan Sanpete San SanPete Sanpete pete City of Ephraim Ephraim ss I. I James Frost Frost- Recorder oi ot Utah Utah-do Utah Utah- do certify Ephraim o hereby i that the above and foregoing is a full true and correct copy of an ordinance entitled An ordinance providing providing- for the issuance and c. c n. n i j ift d r ritY 4 t f li V l i V J. 1 I sale salo of the Ephraim city electric li light ht bonds passed pasted by the city council of Ephraim city Utah July 15 1905 and approved bythe by bythe bythe the mayor July 15 1905 as nB appears appears appears ap ap- pears on record in my office In Jn witness whereof I 1 have hereunto hereunto here here- unto set sot my hand band and affixed tho the corporate seal of said sair city this day ay of July 1905 JAMES Seal City Recorder |