Show AN ORDINANCE authorizing and the purchase of the ogden og acu water works whereas the ogden water company proposes to sell convey an and d assign to ogden city a all I 1 of the property of said campay company colidis consisting t of water water tan tanks s reservoirs flumes blumes ditches canals pipes hydrants right rights of way fr franchises and all other things in itt any manner connected with the system of water works belonging to said Com company PaPy in and adjacent to ogden city utah also all outstanding accounts due or owing or which may be come due or owing tohaid to said company for the price or consideration of seventy fl four our thousand three hundred bundred and sixty four dollars and fifty cents thirty six thousand six hundred and eighty eight dollars of the same to be paid in cash to td said company for the benefit of the stock stockholders bol other than ogden city R J taylor samuel horrocks and job joh pingree the remainder thereof to be retained by ogden city in consideration of its interests in said property as a stockholder of said company and upon ogden ca city assuming the responsibility of a aal 1 claims or liabilities due or owing from said company now therefore bo be it ordained by the city council of ogden city that the said proposal be and the same came is hereby accepted that the said sum of t thirty arty six thousand A six x hundred and eighty eight dollars be paid to the I 1 said ogden water waier company upon the execution and delivery by said company oan of good and sufficient deed of conveyance of the water water works and property of said company and an assign assip ment of the outstanding accounts or claims dubor which may become due to said company to said ogden city that for the purpose of making the payment aforesaid the tile sum of thirty five thousand dollars be borrowed for and on account of the city upon four several notes of the city one for payable in months from d date a te three for each payable respectively in six nice nine and an d twelve months from date all of said notes bobear interest at the rate of ten per cent per annum payable quarterly that alderman E stratford be and he be is hereby authorized to io sign and negotiate said notes in the name and on behalf of ogden city passed july 1884 DAVID H mayor of ogden city ATTEST THOMAS J STEVENS city recorder V 1 thomas J stevens recorder of ogden city hereby certify that the foregoing lore going is a true and correct copy of authorizing and directing the purchase of the ogden water works passed by the city ci ly council of ogden city july 1884 as appears of record in my office witness my hand and the corporate seal of ogden city this day of august 1884 SEAL THOMAS J STEVENS city recorder |