Show ogil ell city bonds ae dollars coffiee pcr cepa city sale tito cd at his office in city U tall ain tit 12 cocin of the day of july I 1 f or the purchase of ono hundred coupon bonds cacti of the denomination of one thousand bollara do llara hearing interest at tilt rate of five tier vent ivr semian tile day of july of cacti vear at the american exchange prink new york city state of NOIA york I 1 he principal of said boldn ob all ix eaffrom ear from tbt city office ogden city but are re lee matle after ten years at the leasure of the city ciuni I 1 it jf provided by ordinance that out of the revenues of tho city for t lie vear 18 and annually thereafter clerc eliell be set aside sufficient funds to I 1 a tei of tile said bonds and the 1 e rett ret t thereon vi aich u ill be placed ILI the city treasury and there field for tit sit and no other purpose it Is also provided that whenever after ten 3 care from the date of their issue there be sufficient clent funds ili the treasury rv wt aside for that pur pope to ten of said bonds and in tm est there tile recorder of city shall odi artise the fact for at least thirty days in one or mor e of i MIA P capers 1 apers i published daily in he city of new york anti ogden cit 1 I 1 I 1 tile number of hil she hes to redeem numbering numb eting them in the order of their issuance a d commencing aith the highest then outstanding and stating the date vi hen they will be pa ld and it file bonds so numbered sl i 1 1 not b tied for pa a t the time stated then the s ball demair in the hands of the treasurer to p 4 1 paid bonds m lien presented but 0 1 bonds shall draw no interest after the ext fration of the time stated in the advertisement tito city council reserve the to and all bids and to reserve any number not exceeding fifty of said bonds until the city dball need the funds the said bonds so ret served aro not to for nor to bmw interest until delivered the said bonds are witted forthe purpose of making public improti e ments the city has no other bonded indebtedness and is limited by ia i its borrowing capacity to four per cent of its taxable va lution as showy by the last assessment of its taxal 1 property for territorial and purposes any attempt to become indebted in excess thereof is declared void these bonds are exempt by ardin a nee from ta bation for city pur poses J city eov CITY utah june oth 86 dalo itra |