Show fogdt n cily bonds one dollars of per 17 cent ogden vily bonds for receive ilida the unde signed okill at his office in ogden city utah tin til 12 noon of the day of july 1888 fur the purchase of one bond of tile denomination of one thousand dollars dol tars hearin interest at tha rate of five per cent per arin tim payable semian semi an dually on the 3 let day ot january it rid I 1 he day of july of each year at the american exchange rational gat ional bew york city state of now I 1 ork rhe principal of bonds shall be able within twenty years from the tie of their issue at tile city treas frers office ogden city but are re dZe mable after ten bears at the plea 9 of the city Col imil itis pr 0 iga d by ordinance that out of the revenues of the city for tile year 1998 and annually thereafter there ishall bu set aside sufficient funds to pay ten of the said bonds and the interest vi ill be placed in ahe city treasury and there held for that and no other purpose Iti salso provided that whenever after ten I 1 cars from the date of their issue there shall be funds in the treasury set aside for that purpose to pay ten of said bonds and interest thereon the recorder of ogden city advertise the fact for at least thirty days in one or more of the newspapers new papers published daily in the C it y of new york and ogden C i the number oath e bonds wit i Z he cit ashes to redeem numbering them ly anthe order of their issuance and commencing with the highest number then outstanding and stating the date atu they will tie bald and it the hands so numbered shall not be presented for payment at tho time stated then tile in shall remain in the hands of the treasurer to pay said bonds when but he ted bonds shall draw arese prese vt after the caim ti on of the time stated in the verti tile city council reserve tile hialit to reject any and all bids and t 0 reserve from immediate delivery any number not exceeding fifty of said bonasi until the city shall need the it jor the said bonds so re t arved ar not to be bald for I 1 nor I 1 to draw interest Inter pst until delivered the said bonds are I sued for the purpose of making public improve ments the city has no other bonded iid and is limited by law aits nits borrowing capacity to fourier four per ent of its taxable valti tion as bbown by the last assessment of its taxably Vio perty for Territorial and in any attempt to I 1 rid b void these bonds are exempt by ordinance from taxation for C poses J city recorder etab june 9 t h 1888 djin ira |