Show ogden city bonds one hl indred thotis and dollars offitt per crl cily jor itale the aill receive bids at his office in ogden city utah tin til 12 noon of the day of july 1888 fur the of 0 0 o hundred coupon bonds each of t ll 11 e of one thousand dollars bearing interest at the rate of five per cent per annum payable semian semi an dually on the day ot january and the day of july of each at tile american exchange rik new york city state of now rho principal of said bonds shall be afable within twenty years from the N ate of their issue at the city treas frers office ogden city but fire redeemable dee mable after ten years at the pleasure of the city counce 1 it Is pr hovded by ordinance that out of the revenues of the city for the vear 1898 and annually thereafter shall bo set aside sufficient funds ton of the said bonds and the interest will be placed in the city treasury and there held for that and no other purpose it 18 also provided that whenever after ton years from the date of their issue there shall be fundan the set aside for that pur to pay ten of paid bonds and in ro refit T thereon the Ite corder of ogden advertise the fact for at least thirty days in one or more of abil rs daily in t e ity of ew york and aden city stating the num r odthe ads which she ity wishes to redeem numbering them in the order of their issuance and commencing with the high est number then outstanding and stating the date hen they will be bald and if the bonds w numbered shall not be arffa anted for payment at the time stated then the funds shall remain in the hands of the treasurer to pay paid bonds when presented but the bonds draw no interest after the expiration of the time stated in the tile C ity reserve the right to reject any and all bids and to reserve from immediate delivery any number not fifty of sal bonds I 1 until the city shall need the the sail I 1 ands so refunds nerved art not to be paid for nor to draw interest until delivered the said bonds aro for the purpose of making I 1 bublic improve 0 ments the city has no other bonde d indebtedness and is limited by law in its borrowing capacity to four ver tit of it taxable ilon as chown bv the last of its tal rable for territorial find any attempt to F tars stefi n excess thereof is declared void these bonds are exempt by or denance from taxation for city pur poses Tuc AiAs J city Ite corder oa n utah june oth I 1 djao ain |