Show city bonds one hundred dollars office per cent city bonds for nae will at life office in ogden city utah until 12 noon of tho day of july 1888 for the purchase of ono hundred coupon bond of the denomination of ono thousand collary dol lary bearing interest at the rate of civo per cent per annum payable somi an dually on the day of Januar the day of july of each year at t 11 e american exchange ration A bank now york city state of new york 17 0 antl all be mable with n years from file a of their iague at the city frers office ogden but are to does after ten years the of tile city court it is rov id d by ordinance that out of the revenues of the city tile year and annually thereafter there shall be beet aside sufficient funds to PRY ten of the said bonds and the thereon which will be placed in the city treasury and there hold for that and no other pur proe it isaiaa provided that whenever wh enover after ten years from abo date of the ir Is sue there shall be sufficient funds n the treasury set aside for 11 t pose to pay ten of sald bonds an in terest ther eori the recorder of ogden advertise the fact for at least thirty days in one or more of the pers published daily in the ueva city of ety york and ogden city stating the number of the bonds which site city ashes to redeem number ing them in the order of their liss n C and commencing with the t number then outstanding and stating the date when they will be paid and it the bonds so numbered numb erod shall not be presented for payment at the time stated then the funds shall remain in the handa of the treasurer to pay said bonds heu presented but the bonds shall bmw no interest after the expiration of the time stated in the advertisement the city council reserve the right to act any and all bids and to e fir am immediate delivery an number not exceeding fifty of sm funds the said bonds so the ro artt not to for nor to drair interest until delivered the said bonds are sued forthe purpose of making puao improve merits the city has no other bonded and is limited by law in its borroni ing capacity to four per cent of its va lution as shown by the last assessment of its taxable property for territorial and county purposes any attempt to become indebted in excess thereof Is declared void there bonds are exempt by from city J I 1 city recorder CITY utah june jtb 1888 djin in |