HomeMy WebLinkAbout1914-081 Proclamation & Canvass of the Vote - Auxiliary Water Bonds
uct+"m .
f
No t~_i e or
C ci.
OF AMERICA,
! mr ORb;GCN•
rOt;1T x; ASHLAND,
Ashlan e ~d,e
AUXILIA±,-: WATER BOND.
- $1,000.00
No me That the city of Ashland, in the county
Know ali men by these presents, agrees and promises
of Jackson, state of Oregon for value received hereby in gold
> > of One Thousand ($1,000.00) Dollars to pay the bearer the sum o
on the presentation and surrender
in of the United States of America,
~~t° co 959+ without grace, with interest
of this obligation on the 1st hereof day of until July, 1redeemable at the rate of five (5) per
of
t:~.~ :
thereon from the date cent per annum, payable semi-annua11+ in like gold ntation coin and on the surrender 1st of day the
F~',a~~. and January of each year on the press a able at the office
July a
proper coupon hereto annexed. Principal and interest p y
surer of the city of Ashland, Oregon. -five bearing
-
z„ {s of the Trea series lone hundred and seventy
001al
0. Ct~ This bond is one of a
to ~~kO ~
in ~ C~~~ . =f3 ~ ~'e O~1''' elf~ even date herewith and numbered consecutively from one to one hundred
elect- mounting in the aggregate to the sum
of the both inclusive, and a Dollars, issued by
cv,~..~.if 14c~ electors ~ ° C 6 a s~x SOT and seventy-five, 175,000.00)
lOI Q 1Q
ent
ubl~' tit) l of One Hundred Sev Y-five Thousand
rPose of providing money to con-
. ~ ~0 ~ ~tC.~.C~`1 c. an for the pu
111 s
t~f~ ~ sZ r of Ashland, Oreg owned by the city
0 lt'
nd to be ope rated by said city to be or by any board or
struct, ~
their rt)~ a~. or ~0° C ~ con-
of Ashland, Oregon, a created for such purpose; ~ff
mmissioners that may hereafter be ter supply,
• . rm a ; boards of co an spring or springs or other wa
din=s 8 I To a lines from any to an point
to ext P I
T ' incorporate limits of said city and any
either or without the chase all water rights, rights of
la r about said city, and to pur Cessar thereto. The
~ he or p 'meat material, labor and supplies ne y f the
city of As nee of auxiliary water bonds oft way, lWq u lp ivcoempla d from Section 3 of Article VII o
ordinance providing for the hssua dred and seventy-five authority for such issueandhissderin
An o ne hundred i nce with the majority vote of the
hland, Oregon, in the sum of on
rpose of cunstru g ctin, build- Charter
of said city, ollars for the pu d , f at a specia
thousand ($175,000.00 ) al water system to be owned electors of said city
by the city of Ashland, l election duly called an held on the 9th
and instalung an auxiliary mnnichp y or by da of June, 1914.
in g uy said city y that all the acts, conditions and
g Oregon, and
be created And it is hereby recited and certified of this bond
any board or boards of commissioners to be ~
from may any spring hereafter or springs or thingc required to be done pre c to and in the issuing
o c -
for that
lines 1 c and galid have been properly done, hap
for such purpose; , extend phis ut the incorporate limits of uecessary to make the same eg
due form and time as required
es without and to pur- pened and been performed in regular and in
AnPPly, either within
about said city, ; .hncludin8
other water
to an points rights places in or abo labor and that the total indebtedness of said city of Ashlandlaw.
said city and any of way, land, equipment, material, by law,
not exceed the limit prescribed =by
water rights, t,
sar rere
chase all
supplies necessary thereto. this This issue b of bond is bonds, does redeemable at the office of said Treasurer at the option
and . ~ payment of the face value thereof, with
of the city of Ashland, upon the an semi-annual coupon-paying
Ordain as Follows. trued interest to date of payment at Y, 1 reference being
of the City of Ashland do ac
The People
SECTION 1. period, asp provided in aid Section ti section of being Ordinance- made, a ~part spec ahereof.
SE of the city made thereto and the s
bonds ins of this obligation the faith and
b authorized to be issued the For the fulfillm
-five thou- ed.
That there are here y
of. Ashland, ent of the coedit o
.
-
dollars, on to the amount of one hundred and seventy-five credit o si ed by the M Y
sand ($175,000.00) dollars, f the city of Ashland are hereby p1e g a or and
Oregon ($1 , been gn p ations of one thousand
denomin witness whereof, this bond has rate seal of
-
numbered consecutively from one to one hundred nds. and " Said seventy-five, bonds attested by the Recorder of said city as of the 1 Ashlandst, day and of the July,
co1914.
Auxiliary
r the city of Ashland hereto affixed, a
1} inclusive, and to be known as ` in In r o
of July, 1914 and shall Water be Bo signed by the Mayo • • •.•.1 ••Mayor.
shall be dated the first day and shall bear interest evidenced by
and
attached countersigned by thereto the at the Recorder, a rate of five l5) per cent per annum, pay-
Attest.
paid at ci he r,Y Treasurer's office in the city of Ashland Oregon. • • ' ' ' 'Recorder ' ' .of the City of Ashland.
t _
SECTION 2.
xiliary water bonds shall mature in forty-nkfive h"nAa years num from h the ere&: COUPON,
Such
. au . _ _ e---~
DOI-:
- No. • • • • • • • • bearer Twenty-five ($25.00)
at the to the ilit56 sha Ashland will pay at the office of the
roof; proviued, gnat Lne inclusive, shall each be redeemable thereof The city of he United States of America,
date the both face value d coin oft -January,'19• being six
e to twenty-flue, the payment of the Lars in gold on the 1st day of July
from on of Ashland, upon semi-annual coupon Paying Treasurer of said city, unless s
option aid bond
i the city ment at any twenty- uxiliary Water Bond No. it render this
o
rest to date of pay thereof; that the next months interest on provided, which redemption w 1
with accrued ante is
years from the date after ten yea six to fifty, both inclusive , shall sooner redeemed as herein period, at or bonds null bered from twenty- upon the payment
said be city of Ashland, any coupon void. • • • • • . . . . . . . . • • • • ,
Mayor.
five of sal at the option of t to date of payment at
each the redeemable accrued interest from the date
value thereof with alter fifteen years - ne , , , , . , • • • • • Ashland.
of the face _ a ing period, at or bered from fifty o City Recorder of
semi-annual coupon p Y -five of said bonds, Rum at the option of
thereof, that the both next twentyinclusive, shall each be the face redeemable avalue thereof
to ing SECTION 5.
to seventy-five, b n, are hereby
of
in behalf ehalf of Oregon,
said city, he
tit of Ashland, upon the front payment o ate any semi-annual next coupon-pay with twenty- The Mayor and Recorder of the city of and exec
execute
the y to of pay hat the ne d and required to make finance to the amount of One
ed interest at the da the date thereof, t both inclu-
period, authorize nre s ecified in this ord
ears from undred, bo Water Bo p Dollars, and the Recorder
aecru
, upon Hundred Auxiliary Seventy-five Thousand ($1 i 5,000.00) be sold for the
five at or after twenty y eventy-six to one h d
ds numbered from s ale and the same shall at
rive shall each be redeemable at f the city of Ashlan
into shall than par and accrued interest
the pay of said bon rest to - advertise such bonds fors ,
hereof the with option o accrued t date -five of pay years sha tainable, but for not less
value t twen y ice ob 914 said advertising to be
front any s meat of -the faceannual val coupon-paying P eriod, at or alter bored five (highest5) Pr per cent per annum from July 1st, 1 unt ,Oregon,
semi t f general circulation in Jackson co he City
published in a newspaper of g tions as in the judgment o
from the date thereof , one hundred and Ashland, twenty-five, d, upon both numbered
Tedeemandable one at to the option • that the next twee y_ive of said bonds
the front inclusivepay, - at and in such other publication or publics led bids for said bonds.
o the best results, inviting sea
from one hundred
went of the of the city of
sha face value thereof, with accrued interest to date of pay ears, that the Recorder will secure SECTION fi.
11 each be
next or after thirty years; -six This ordinance shall take effect and be in full forte from and after
declar-
u P h n of the Mayor of said city,
to on in g period, at
neet semi-twenty-five annual of said bon cop on_ayds h inclusive numbered from shall each be redeemable hundred at the roclamatio as provided city, law.
t he date of issuance Ct}{;'l; Uti
t
ing the result of the of the special election
any option ld thereon ,
the ciY and fifty, bo a went of the face value -paying he thereof,
one hundred w~
of Ashland, upon the P Y semi-aannual coupon -Pay
't s,~ ~cl.a ~ E
of the ci said bonds, 1C~
-one lfin C•t
with accrued p OC
-five sa ° } _ C X11
interest to date of payment at any next tw Y i... .f.~ C
-five fiVL in,
thirty ii years; that the one hundred 0 r0
. or sit - to on and seventy-five, , y p~." ~ Cz ~
e, ears, , . ,
eriod, at and fifty he , ~ O # LOS! ~ ~ b
P d an the e, i ~ ' 1~1~1811- Tom one h a1 ;1` t
numbered f able at the option of d city of interest Ashland
to date OJT
undre shall be redeem
Y1 C { 4
Or June in lue thereo years L CEl @,AT
t with accrue
~2~ 1) . { 1... C t
both W O: t
? p tl
tl;
upon the e payment of the face va _annual coupon-PaY in e eofperiod at And or of ter forty notice stating that V17 ! . ,}.f; ( 3 ~~J6 Ctioll
n _ . +O ' OTC
r1 SrG . d OC J
at a y semi e date led, thereon , the
of payment
that the interest at SO
efore forty-flue years from thcanceled, and tha bliahed ► i =O C Ordinance
:r said
and b and be Pu
are to take up following, shall 4 -
certain bonds a eriod next
ed and pub paying P ral circulation in Jackson O C Cl fl'O C O C 117
e interest ne E~ ~
1.1
1 cease at th ed and of ge din said =Tl~lB~` ppf.11C
steal ut hhree times dur g nth rece g fl nol
al coupon
in a newspape P
id semi-annu ti
r Tint est ed and uponP in the fro P th .°Il
less than riod, and after the sa
ce shall tease } v
_ Pe in said noti
semiemi--a,nnual ual on not couponpaying
-the bonds designated . no- tin ~ s Q fl '
1 Of 00°~~.v-'O ballot :.t~_ tt. C. °
.►~1i
paying period, inter
• inaY g period, , _s ,'~."~0 .
„ SECTION 3. '
SEC
fl 10 ~a CC
or
so much thereof as mayuild r , O
,
such bonds, 1 (
hall sell t less structthan par and~ OTC : 41x1tO
Councils for no t .s
J.id '
The Common highest rice obtainable, but to con, to sty ~~1.
. 4aw ~
be necessary, at the se of providing money d b the C. .Y ~ ~ O ~ Q ; .
the Purpo be owned by ,~c~.~.~ Ct~- p3~;~.17•':
rest, for stem to or :1CraOlr_ Ott : , ho-CeOv
accrued ante i al water sy an board
on be aid bC
sic p city or by any 4 & T!"'" O
11 an auxiliary and mu to b s clrof.
and costa operated Y such purpose; ai , by C
,0~0 .~'~4J~' ~t~Eg
Ashland Oreg hereafter be created for Ue
cf rds o , ers that may r other water supply, 63Ii Ordi i ~~.U C» „ '#?lll
boads o } .
f commission or springs oof
~ :(r0
hase said all ter t rights, city and to any rQPc 'CC t ` O-
d pipe lines from any spring P limits '
to extend water G
t hout the incorporated c t~'1TQon t a b O i
•
wit
or •
noinither within o city, and to Pur necessary 0 1 Jim fl
e O
or places in or about said terial, labor and supplies
is ment, ma
rights of way, land, e .t 0 1` C.€?
quip at C d ~Lt J.1
thereto. SECTION 4. b num
o - .11
.
ed respectively by ..t. ~ 1> .
rized shall be register t b the Recorder
i The bonds hereby auth a Bond Register kept by form:
'
nd denomination of each in th ubstantially the f ollowing
ber a " z
co 2
4 - r .
of said city, and said bonds shall be in s `1-
~ f? ~ O
, de3?
1
N
7
d-t1t
3
"w
~~-~,;a
,
` r ,w. e w...-.. .a>, m_ r.... ~ n..
~
"1~' ~
der.'q~ Off,e, ~ ; tJF AMERICA, Ashlan eg , Itlfa~ 2~ -•~TT^'' OREGON, ~
_ _ _ , _ ut'1'1 ASHLAND,
AUXILIAn.: WATER BOND, No . , $1,000.00 0
„ , $ Know all men by these presents, That the city of Ashland, in the county !i , li~ _ .>a of<: , ; of Jackson, state of Oregon, for value
received hereby agrees and promises
t,; ~:1.~, ~ , ~ ~E: to pay the bearer the sum oP One Thousand ($1,000.00) Dollars in gold
~ ~ ^ f coin oP the United States of America, on the presentation and surrender ~ t~3+~ ; of this obligation on the 1st day of July,
1959, without grace, with interest
~ 3~' t~ dot ~ ,Pi,,f,~,, t ~ ~~,>e~, thereon Prom the date hereof until redeemable at the rate of Pive (5) per . ~ ~ ^ ~ ' `~1. , z ~ cent
per annum , r ~ ~ , , n; ,payable semi-annually, in like gold coin on the 1st day of
' ~ ~ ,,,;r"„~x; July and January oP each year on the presentation and surrender of the ~ ~ ~ ~ ~ ~ proper coupon hereto
annexed, Principal and interest payable at the office
C ~30 C~,at3~ ~Y`O~~t~E)C+~fJ ~~@iS~~. oP the Treasurer of the city oP Ashland, Oregon. ~ ~
x'~~~: ty~1.~ t~i~. Q~00'i+~~`~ 0~ '~D .0~ 1~~~~d,~~~~~n ~ .~Y~ i This bond is one of a aeries oP one Hundred and seventy-five bearing even date herewith and numbered
consecutively from one to one hundred l ~ x „ 0• ~aa ~ ~ ~t~ e~;~~~0~~ and seventy-five, both inclusive, and amounting in the aggregate to the sum
E, f1~ ' 10YI~~P? `f}~,~,O~~, ~pj~ 0~`~~~l~tC~~ ai One Hundred Seventy-five Thousand ($175,000.00) Dollars, issued by
~ the city of Ashland, Oregon, for the purpose of providing money to con-
~ street, build and install an auxiliary water system to be owned by the city ' " g ~ ~ ~ , cf Ashland, Oregon, and to be operated by
said city or by any board or
` y boards of commissioners that may hereafter be created Por `such purpose; k~ to ext pe lines from any spring or springs or other
water supply,
either or without the incorporate limits of said city and to any point ~ • ~ or pla r about said city, and to purchase all water rights, rights
oP
An ordinance providing for the issuance of auxiliary water bonds of the city of Ashland, Oregon, in the sum of one hundred and seventy-five way, la quipment, material,
labor and supplies necessary thereto. The
thousand ($ir5,000.00) dollars, for the purpose of cunstracting, build. authority for such issue is derived from Section 3 of Article VII oP the ing and instal►mg
an auxiliary municipal water system to be owned Charter of said city, and is in compliance with the majority vote of the
by the city of Ashland, Oregon, and to be operated ay said city or b~ electors of said city at a special election duly called and held on the 9th day of June, 1914,
any board or boards of commissioners that may hereafter be created for such purpose; to extend pipe lines from any spring or spiZnge or And it is hereby recited and certified
that all the acts, conditions and
` ~ other water Rnpply, either within or without the incorporate limits of thingo required to be done precedent to and in the issuing of this bond s~~~
uecesaary to make the same legal and valid have been properly done, hap- , said city and to any points or places in or about said city, and to pur. penes and been performed
in regular and in due form and time as re wired
~ ~ chase all water rights, rights of way, land, equipment, material, labor q E~ ~#x by law, and that the total indebtedness of said
city of Ashland, including ~ ,
and supplies necessary there~to_, r this issue oP bonds, does not exceed the limit prescribed -by law, • ` ~ ~ • ~ ~ This bond is redeemable at the
office of said Treasurer at the option
The People of the City of asHland do Urdain as Follows; of the city of Ashland, upon the payment of the face value thereof, with
SECTION 1. accrued interest to date oP payment at any; semi-annual coupon-paying %~~r, period, as provided in Section 2 oP Ordinance '
,special reference being
That there are hereby authorized to be issued the bonds of. the city made thereto and the said section being made apart hereof, " of. Ashland, Oregon, to
the amount of one hundred and seventy-five thou- For the fulfillment of the conditions of this obligation the faith and
- sand ($175,000.00) dollars, in denominations of one thousand ($1,000.00) credit oP the city of Ashland are hereby pledged, ~~~~s 'dollars, numbered consecutively
from one to one hundred and seventy-five, In witness whereof, this bond has been signed by the Mayor and t~ - `1►otb inclusive, and to be known as "Auxiliary
Water Bonds," Said bonds attested by .the Recorder of said city of Ashland, and the corporate seal of
i shall be dated the first day of July, 1914, and shall be signed by the Mayor the city of Ashland hereto affixed, as of the 1st day of July, 1914, and countersigned
by the Recorder, and shall bear interest evidenced by
k coupons attached thereto at the rate of five l5) per cent per annum, pay- ~ ~ " " " " " " " " " " " " " " " " " Mayor. able semi-annually, and both principal and
interest of said bonds shall be Attest;
. paid at the city Treasurer's office m the city of Aah~iand Oregon.
SECTION 2, ~ Recorder oP she City oP Ashland.
Such auxiliary water bonds shall mature in forty-five years from the ~ ~ date thereof; provided„ that the first twenty-five of such bonds, numbered COUPON,
from one to twenty-five, both inclusive, shall each be redeemable at the No• • • • • • • $25.00 ~ option oP the city of Ashland, upon the payment
of the face value thereof The city of Ashland will pay to the bearer Twenty-five ($25.00) Dol-
t k ~ with accrued interest to date of payment at any semi-annual coupon paying lays in gold coin of the United States oP America, at the office of the ~ period,
at or after ten years from the date thereof; that the next twenty- Treasurer oP said city, on the 1st day oP July-January, 19. being six
five oP said bonds numbered from twenty-six to fifty, both inclusive, shall months' interest on Auxiliary Water Bond No. , unless said bond is
each be redeemable at the option of the city of Ashland, upon the payment sooner redeemed as herein provided, which redemption will render this of the face value
thereof with accrued interest to date of payment at any coupon void,
~ semi-annual coupon-paying period, at or after fifteen years from the date fly. ~ thereof; that the next twenty-five of said bonds, numbered from fifty-one
~ ' Mayor.
„ ~~;r~ to seventy-five, both inclusive, shall each be redeemable at the option of
r~ the city oP Ashland, upon the payment of the face value thereof with City Recorder oP Ashland. ~~=M accrued interest at the date of payment at any
semi-annual coupon-paying SECTION 5.
period, at or after twenty years from the date thereof; that the neat twenty,- The Mayor and Recorder oP the city oP Ashland, Oregon, are hereby j five oP said
bonds numbered from seventy-six to one hundred, both inclu- authorized and required to make and execute in behalf of said city, the
.,e sive, shall each be redeemable at the option of the city of Ashland, upon Auxiliary Water Bonds specified in this ordinance to the amount of One the payment
of the face value thereof with accrued interest to date of pay- Iiundred Seventy-five Thousand ($1"r 5,000,00) Dollars, and the Recorder
~N went at any semi-annual coupon-paying period, at or after twenty-five years shall advertise such bonds for sate, and the same shall be sold Por the
x~% from the date thereof; that the next twenty-five of said bonds numbered highest price obtainable, but for not less than par and accrued interest at from one hundred
and one to one hundred and twenty-five, both inclusive, five (5) per cent per annum from July 1st, 1914, said advertising to be
~ shall each be redeemable at the option of the city of Ashland, upon the pay- published in a newspaper of general circulation in Jackson county, Oregon, went of the face
value thereof, with accrued interest to date of payment at and in such other publication or publications as in the judgment of the City
any semi-annual coupon-paying period, at or after thirty years; that the Recorder will secure the best results, inviting sealed bids Por said bonds.
next twenty-five of said bonds, numbered Prom one hundred and twenty-six SECTION 6. ~ to one hundred and fifty, both inclusive, shall each be redeemable at
the Thic ordinance shall take effect and be in full. force from and after
option of the city of Ashland, upon the payment oP the face value thereof, the date of issuance of the proclamation of the Mayor of said city, declar- .~~4 with accrued
interest to date of payment at any semi-annual coupon-paying ing the result of the special election held thereon as provided by law.
period, at or after thirty-five years; that the next twenty-five of said bonds, ~ numbered from one hundred and fifty-one to one hundred and seventy-five, " ~~0:1:
~ Cd~,~l. ~s~.r~. ~~ti#" r ~J ~~1~~~~ Uµ.. ~~y,
both inclusive, shall be redeemable at the option of the city oP Ashland ~a*' ~ ~ ~ ~ ~ ~ " ~ ' ~ ' ~ e ! `
upon the payment of the face value thereof' with accrued interest to date .~&~"E ~;I~O ~ { ~ ~~,0 ~ ~ 0 O~» ~~j of payment at any semi-annual
coupon-paying period at or after forty years z r
{ and before forty-five years from the date thereof. And notice stating that ' CO OC~~~~It~ ~ ~ '~0 ''~~~-0~# ~ certain bonds are to be taken up and canceled,
and that the interest thereon ~~,~la: 0: D,~. ~~~OD i~'"~'w~.~'~~.I).CC~, i? ~ °;Cl
shall cease at the interest-paying period next following, shall be published a~~.~ 0~,C ~ ~St.`f;~~'~'`~L'~.`0~. ,~o~.~~„`.,CEO ~?ex 0: ~fia
in a newspaper printed and published and of general circulation in Jackson , . ~ v s ~ a ~ rounty, Oregon, not less than three times during the month
preceding said C,~,~. 1:'~~iO C O~'~.~.~;.~'xC t~ 1~~ 'f)~P! ~;D,~,. ~
semi-annual coupon-paying period, and after the said semi-annual coupon- 9<'7~.33 ~ 0~0 ~ ~0~ Off' vo~~ 0,~ ~ ~,~0~ i ~ paying period, interest
upon~the bonds designated in said notice shall cease, ' -
SECTION 3. fi~ID, ~`~~~a~2 ~`3{1C 1.'i.'~1.~~",~~; ~„~'9'4I~ C~$ ~i~. 0°~:
„ ~ The Common Council shall sell such bonds, or so much thereof as may • ~ C~;; c~,.~.0 ~ O~? 0 • ~ ~ ~ be necessary, at the highest price
obtainable, but for not less than par and
accrued interest, for the purpose oP providing money to construct, build a
and install an auxiliary municipal water system to be owned by the ci±y ~~.~~ax~l~~°~.~'N' ~~=~~`'0' Q; '~10 t cf Ashland, Oregon, and to be operated
by said city or by any board or -~(~,~`~9°~,~ ~►'"1 ~'~C ~ 0~ '~~'0 ~,~~~~,OD, 0
i boards of commissioners that may hereafter be created for such purpose; ~ ~ ~ r.. , , ~ ~ ~ ~ - ~ to extend pipe lines from
any spring or springs or other water supply, a'~# ~t)~„~ ~°"r%t~ ° ~~~1+1IC~ t~C~~
either within or without the incorporated limits of said city and to any ;'~'OOC{~ 0~.1'~,3'1~0 ~ ~~'1"~`~'E. ~ O~~~y arty' ~
points or places in or about said city, and to purchase all water rights, i '~,~,OC~ ;•~0 ~?C3 ~ .~.i~~'Ct~ ftOt'~ D,~"~a3:~ rights of way,
land, equipment, material, labor and supplies necessary
~x ~ , thereto. : } SECTION 4, ~ ~ ~ "
t!`~Oa~ t~~ ll~,.`' .tt ~ ~~4~~~ ~l~s~ 4:i ~t2~1~ ~ ~ The bonds hereby authorized shall be registered respectively by Hum- • kw
ber and denomination of each in the Bond Register kept by the Recorder :r " ~ ~ of said city, and said bonds shall be in substantially the following
form; ~,r , s« .
k.., ~ „n , ~ ~ /
j , ~ r
' , r h~4 Q ~`GR C
~ ,