HomeMy WebLinkAbout1914-061 Public Notice - Special Election - Auxiliary Water Bonds
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Recorder's Office, UNITED STATES OF AMERICA, ~ ' Ashland, Oregon, May 25, 1914. STATE OF OREGON,
Notice is hereby given that on the 22nd day of May, 1914, an Initia- CITY OF ASHLAND,
tive Petition was regularly filed with the City Recorder of Ashland, Ore- AUXILIARY WATER BOND. gon, demanding that there be submitted to the legal voters
of said city, No $1,000.00
for their approval or rejection, the hereinbelow proposed ordinance, and Know all men by these presents, That the city of Ashland, in the county the Recorder has
duly verified the number and genuineness of the signs- of Jackson, state of Oregon, for value received hereby agrees and promises
tares to said petition and found the same to be in proper form and to con- to pay the bearer the sum of One Thousand ($1,000.00) Dollars in gold
tain more than 15 per cent of the votes cast for Mayor at the city election coin of the United States of America, on the presentation and surrender held December 17.
1912. Said petition was duly presented to the Common of this obligation on the 1st day of July, 1959, without grace, with interest
Council of the city of Ashland, Oregon, at a regular adjourned meeting, thereon from the date hereof until redeemable at the rate of five (5) per held on the 22nd
day of May, 1914, and there was then duly passed a reso- cent per annum, payable semi-annually, in like gold coin on the 1st day of
lution in pursuance of said Initiative Petition and call and in pursuance July and January of each year on the presentation and surrender of the
of the ordinances of the city of Ashland and the General Laws of the state Proper coupon hereto annexed. Principal and interest payable at the office of Oregon, whereby said
City Council did by unanimous vote, with the of the Treasurer of the city of Ashland, Oregon.
approval of the Mayor,.call a special election to be held on the 9th day This bond is one of a series of one hundred and seventy-five bearing of June, 1914,
for the purpose of submitting to the legal voters of the city even date herewith and numbered consecutively from one to one hundred
of Ashland, Oregon, for their approval or rejection on the 9th day of June, and seventy-five, both inclusive, and amounting in the aggregate to the sum 1914, the hereby proposed
ordinance. of One Hundred Seventy-five Thousand ($175,000.00) Dollars, issued by
And notice is hereby given in pursuance of the foregoing premises the city of Ashland, Oregon, for the purpose of providing money to con-
that aspecial election will be held for the purpose of submitting to the stract, build and install an auxiliary water system to be owned by the city legal voters of
the city of Ashland for their approval or rejection, on the of Ashland, Oregon, and to be operated by said city or by any board or
9th day of June, 1914, the following proposed ordinance: boards of commissioners that may hereafter be created for such purpose; to extend pipe lines from any
spring or springs or other water supply,
ORDINANCE NO...... , either within or without the incorporate limits of said city and to any point or places in or about said city, and to purchase all water rights,
rights of
An ordinance providing for the issuance of auxiliary water bona of the way, land, equipment, material, labor and supplies necessary thereto. The city of Ashland, Oregon,
in the sum of one hundred and seventy-five authority for such issue is derived from Section 3 of Article VII of the
thousand ($175,000.00) dollars, for the purpose of cunstructing, build- Charter of said city, and is in compliance with the majority vote of the ing and i~tal~mg an
auxiliary municipal water system to be owned electors of said city at a special election duly called and held on the 9th
by the city of Ashland, Oregon, and bo be operates py said city or by day of June, 1914,
any board or boards of commissioners that may hereafter be created And it is hereby recited and certified that all the acts, conditions and for such purpose; to extend pipe
lines from any spring or springs or things required to be done precedent to and in the issuing of this bond
other water pnpply, either within or without the incorporate limits of uecesrary 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. pened and been performed in regular and in due form and time as required
chase all water rights, rights of way, land, equipment, material, labor by law, and that the total indebtedness of said city of Ashland, including
and supplies necessary thereto. this issue of 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 Ordain as Follows: of the city of Ashland, upon the payment of the face value thereof, with
SECTION 1. accrued interest to date of payment at any semi-annual coupon-paying period, as provided in Section 2 of 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 a part 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 of the city of Ashland are hereby pledged, dollars, numbered consecutively from one to one hundred
and seventy-five, In witness whereof, this bond has been signed by the Mayor and
}~otb inclusive, and to be known as "Auxiliary Water Bonds." Said bonds Atte:ted by the Recorder of said city of Ashland, and the corporate seal of 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 , , , , , , , , , , , , , , , , , , , , , , , , , , , ~ , , , , . , , ,
coupons attached thereto at the rate of five t~) 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 in the city of Ashland Oregon,
SECTION 2, - Recorder of the City of 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• • • • • • • • • $25.04 option of 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) Do1-
~vith accrued interest to date of payment at any semi-annual coupon paying Lars in gold coin of the United States of America, at the office of the period, at or
after ten years from the date thereof; that the next twenty- Treasurer of said city, on the 1st day of JulyJanuary, 19.., being six
five of 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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , thereof; that the next
twenty-five of said bonds, numbered from fifty-one Mayor,
to seventy-five, both inclusive, shall each be redeemable at the option of , , , , , , , , , , , , , , , , , , , , , , , , the city of Ashland, upon the
payment of • the face value thereof with City Recorder of Ashland.
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 next twenty- The Mayor and Recorder of the city of Ashland, Oregon, are hereby five of said bonds numbered
from seventy-six to one hundred, both inclu- authorized and required to make and execute in behalf of said city, the
live, 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- ilundred Seventy-five Thousand ($175,000.00) Dollars, and the Recorder
went at any semi-annual coupon-paying period, at or after twenty-five years shall advertise such bonds for sale, and the same shall be sold for the
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, r:~ent 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 for said bonds. next twenty-five
of said bonds, numbered from one hundred and twenty-six SECTION 6.
to ono hundred and fifty, both inclusive, shalt each be redeemable at the This ordinance shall take effect and be in full force from and after
option of the city of Ashland, upon the payment of the face value thereof, the date of issuance of the proclamation of the Mayor of said city, declar- 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, .,~.r._._ numbered from one hundred and fifty-one to one hundred and seventy-five, The
ballot title and number of such measure will be as follows:
both inclusive, shall be redeemable at the option of the city of Ashland PROPOSED EY INITIATIVE PETITION.
upon the payment of the face value thereof with accrued interest to date An ordinance providing for the issuance of Auxiliary Water Bonds of of payment at any semi-annual
coupon-paying period at or after forty years the city of Ashland, Oregon, in the sum of One Hundred and Seventy-five
and before forty-five years from the date thereof. And notice stating that Thousand ($175,000.00) Dollars, for the purpose of constructing, building certain bonds are to be
taken up and canceled, and that the interest thereon and installing an auxiliary municipal water system, to be owned and oper-
shall cease at the interest-paying period next following, shall be published sled by the city of Ashland, Oregon, or by any board or boards that may in a newspaper printed
and published and of general circulation in Jackson hereafter be created for such purpose.
county, Oregon, ttot less than three times during the month preceding said VOTE YES OR N0.
semi-annual coupon-paying period, and after the said semi-annual coupon- 100 Yes. paying period, interest upon the bonds designated in said notice shall cease.
101 No.
SECTION 3, For the said special city election of June 9, 1914, for the submission to the legal voters of the city of Ashland, Oregon, of the foregoing ordinance,
The Common Council shall sell such bonds, or so much thereof as may the following voting places and judges of election have been appointed by he necessary, at the highest price
obtainable, but for not less than par and the Common Council of said city:
accrued interest, for the purpose of providing money to construct, build FIRST WARD-Voting place, Fourth street fire station building. and install an auxiliary
municipal water system to be owned by the city FIRST WARD-Judges, G. W, Benedict, Manly Brower, W, S, Sten-
cf Ashland, Oregon, and to be operated by said city or by any board or nett.
boards of commissioners that may hereafter be created for such purpose; SECOND WARD-Voting place, McCarthy Ha11, corner Granite and to extend pipe lines from
any spring or springs or other water supply, Main streets.
Either within or without the incorporated limits of said city and to any SECOND WARD-Judges, Ira Shoudy, Guy C. Prescott, 0. C. Tiffany. points or places in
or about said city, and to purchase all water rights, THIRD WARD-Voting place, City Hall.
rights of way, land, equipment, material, labor and supplies necessary THIRD WARD-Judges, W. H. Gowdy, E, J. Arant, Blanche Hicks.
thereto. The two last named judges in each ward shall also act as clerks of SECTION 4, election.
The bonds hereby authorized shall be registered respectively by nuin- The polls will be open from 9 o'clock in the forenoon until 6 o'clock ber and denomination of each
in the Bond Register kept by the Recorder in the afternoon. C. H. GILLETTE, City Recorder.
of said city, and said bonds shall be in substantially the following corm: Date of first publication in the Ashland Tidings, May 25, 1914,
~
t - r _
r
vn _ _ . ~ _ ,
to pay the bearer the sum of One Thousand ($1,000.00) Dollars in gold
A Proclamation by the Mayor of Ashland Ore. coin of the United States of America, on the presentation and surrender f of this obligation on the 1st day
of July, 1959, without grace, with interest thereon from the date hereof until redeemable at the rate of five (5) per
cent per annum, payable semi-annually, in like gold coin on t;he 1st day of Whereas, in conformity to the law in such cases made and provided, July and
January of each year on the presentation and surrender of the
a special election of the qualified electors of the City of Ashland, Oregon, proper coupon hereto annexed. Principal and interest payable at the office
was held on the 9th day of June, 1914,- at which was submitted to said of the Treasurer of the city oP Ashland, Oregon, electors, for their approval or rejection,
the following proposed ordinance: This bond is one of a series of one hundred and seventy-five bearing
ORDINANCE N0. 572, even date herewith and numbered consecutively from one to one hundred
and seventy-five, both inclusive, and amounting in the aggregate to the sum An ordinance providing for the issuance of auxiliary water bonds of the og One
Hundred Seventy-five Thousand ($175,000.00) Dollars, issued by
city of Ashland, Oregon, in the sum. of one hundred and seventy-five the city of Ashland, Oregon, for the purpose of providing money to con- thousand ($175,000.00
dollars, for the purpose of constructing, build- struct, build and install an auxiliary water system to be owned by the city
ing and installing an auxiliary municipal water system to be owned of Ashland, Oregon, and to be operated by said city or by any board or by the city of Ashland,
Oregon, and to be operated by said city or by boards of commissioners that may hereafter be created for such purpose;
any board or boards of commissioners that may hereafter be created to extend pipe lines from any spring or springs or other water supply, for such purpose; to
extend pipe lines from any spring or springs or either within or without the incorporate limits of said city and to any point
other water supply, either within or without the incorporate limits of or places in or about said city, and to purchase all water rights, rights of
said city and to any points or places in or about said city, and' to pur- way, land, equipment, material, labor and supplies necessary thereto. The chase all water rights,
rights of way, land, equipment, material, labor authority for such issue is derived from Section 3 of Article VII of the
and supplies necessary thereto. Charter of said city, and is in compliance with the majority vote of the
The People of the City of Ashland do Ordain as Follows: electors of said city at a special election duly called and held on the 9th SECTION 1, day of June, 1914.
And it is hereby recited and certified that all the acts, conditions and That there are hereby authorized to be issued the bends of: the city things required
to be done precedent to and in the issuing of this bond
of Ashland, Oregon, to the amount of one hundred and seventy-five thou- necessary to make the same Iega1 and valid have been properly done, hap- sand ($175,000.00) dollars,
in denominations o[ one thousand ($1,000.00) pened and been performed in regular and in due form and time as required
dollars, numbered consecutively from one to one hundred and seventy-five, by law, and that the total indebtedness of said city of Ashland, including both inclusive, and
to be known as "Auxiliary Water Bonds." Said bonds this issue of bonds, does not exceed the limit prescribed by law.
shall be dated the first day of July, 1914, and shall be signed by the Mayor This bond is redeemable at the office of said Treasurer at the option
and countersigned by the Recorder, and shall bear interest evidenced by of the city of Ashland, upon the payment of the face value thereof, with coupons attached
thereto at the rate of five t a) per cent per annum, pay- accrued interest to date of payment at any semi-annual coupon-paying
able semi-annually, and both principal and interest of said bonds shall be period, as provided in Section 2 of Ordinance 572 special reference being paid at the
City Treasurer's office m the city of Ashland; Oregon. made thereto and the said section being made a part hereof.
SECTION 2, For the fulfillment of the conditions of this obligation the faith and
Such auxiliary water bonds shall mature in forty-five years from the credit of the city of Ashland are hereby pledged, date thereof; provided, that the first twenty-five
of-such bonds, numbered In witness whereof, this bond has been signed by the Mayor and
from one to twenty-five, both inclusive, shall each be redeemable at the attested by the Recorder oP said city of Ashland, and the corporate seal of option of the
city of Ashland, upon the payment of the face value thereof the city of Ashland hereto affixed, as of the 1st day of July, 1914.
with accrued interest to date of payment at any semi-annual coupon paying , , , , , , , , , , ; , , , , , , , , , , , , , , , , , , , , , , ,
period, at or after ten years from the date thereof; that the next twenty- Mayor, five of said bonds numbered from twenty-six to fifty, both inclusive, shall Attest:
each be redeemable at the option of the city of Ashland, upon the payment of the face value thereof with accrued interest to date of payment at any Recorder of the City
of Ashland.
semi-annual coupon-paying period, at or after fifteen years from the date
thereof; that the next twenty-five of said bonds, numbered from fifty-one to seventy-five, both inclusive, shall each be redeemable at the option of COUPON,
the city of Ashland, upon the payment of the face value thereof with No...... $25.00 accrued interest at the date of payment at any semi-annual coupon-paying
The city of Ashland will pay to the bearer Twenty-five ($25.00) Dol-
period, at or after twenty years from the date thereof; that the next twenty- Lars in gold coin of the United States of America, at the office of the five of
said bonds numbered from seventy-six to one hundred, both inclu- Treasurer of said .city, on the 1st day of July-January, 19 being six
live, shall each be redeemable at the option of the city of Ashland, upon months' interest on Auxiliary Water Bond No. . , unless said bond is
the payment of the face value thereof with accrued interest to date of pay- sooner redeemed as herein provided, which redemption will render this meat at any semi-annual
coupon-paying period, at or after twenty-five years coupon void.
from the date thereof; that the next twenty-five of said bonds numbered , , , , , , , , , , , , , , , , , .................Mayor, from one hundred and one to one
hundred and twenty-five, both inclusive,
shall each be redeemable at the option of the city of Ashland, upon the pay- , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ' ment of the
face value thereof, with accrued interest to date of payment at City Recorder of Ashland.
a,ny semi-annual coupon-paying period, at or after thirty years; that the SECTION 5.
next twenty-five of said bonds, numbered from one hundred and twenty-six The Mayor and Recorder of the city of Ashland, Oregon, are hereby to one hundred and fifty,
both inclusive, shall each be redeemable at the authorizes and required to make and execute in behalf of said city, the
option of the city of Ashland, upon the payment of the face value thereof, Auxiliary Water Bonds specified in this ordinance to the amount of One with accrued interest
to date of payment a.t any semi-annual coupon-paying I4undred Seventy-five Thousand ($175,000.00) Dollars, and the Recorder
period, at or alter thirty-five years; that the next twenty-five of said bonds, shall advertise such bonds for sale, and the same shall be sold for the
numbered from one hundred and fifty-one to one hundred and seventy-five, highest price obtainable, but for not less than par and accrued interest at both inclusive, shall
be redeemable at the option of the city cf Ashland five (5) per cent per annum from July 1st, 1914, said advertising to be
upon the payment of the face value thereot with accrued interest to date published in a newspaper of general circulation in Jacl~son county, Oregon, of payment at any
semi-annual coupon-paying period at or after forty years and in such other publication or publications as in the judgment of the City
and before forty-five years from the date thereof. And notice stating that Recorder will secure the best results, inviting sealed bids for said bonds. certain bonds
are to be taken up and canceled, and than the interest thereon SECTION 6,
shall cease at the interest-paying period next following, shall be published
in a newspaper printed and published and of general circulation in Jackson This ordinance shall take effect and be in full force from and after county, Oregon, not
less than three times during the month preceding said the date of issuance of the proclamation of the Mayor of said city, declar-
semi-annual coupon-paying period, and after the said semi-annual coupon- ing the result of the special election held thereon as provided by law. paying period, interest upon
the bonds designated in said notice shall cease. And whereas, a canvass of the returns of said special election was
SECTION 3, rod on the 10th day of June, 1914, in the manner provided by law, and
The Common Council shall sell such bonds, or so much thereof as may the result thereof ascertained to be as follows: be necessary, at the highest price obtainable, but for not-less
than par and In favor of said proposed Ordinance No. 572 to be determined by
accrued interest, for the purpose of providing money to construct, build said canvass as herein recited, to: wit: Whole number of votes cast for
and install an auxiliary municipal water system to be owned by the ri±y 1x514,rtheswhole1numbeNoofSvotes castpinpfavorsofsaidlordinance was. cf Ashland, Oregon,
and to be operated by said city or by any board or 1.,206, the whole number of votes cast against said ordinance 308, defective
boards of commissioners that may hereafter be created for such purpose; },allots none. to extend pipe lines from any spring or springs or other water supply,
Now, therefore, I, 0. H. Johnson, Mayor of the City of Ashland, Ore-
either within or without the incorporated limits of said city and to any points or places in or about said city, and to purchase all water rights, gon,
hereby declare the results of said special election to be determined
ri h 1 l:y said canvass as above recited and I further 1 is of wa and a ui ment m r' des are the aid g Y. 9
p ate ial, labor and supplies necessary s proposed
thereto. Ordinance No. 572 as approved by a majority of those voting thereon to SECTION 4, be in full force and effect from and after the date hereof.
The bonds hereby authorized shall be registered respectively by num- Dated at Ashland, Oregon, this 11th day of June, A. D. 1914. ber and denomination of each in the Bond Register
kept by the Recorder 0. H, JOHNSON,
of said city, and said bonds shall be in substantially the following form; Mayor of Ashland, Oregon. Attest: C. H, GILLETTE, Recorder.
UNITED STATES OF AMERICA,
STATE OF OREGON, CITY OF ASHLAND,
AUXILIARY WATER BOND, -
No $1,000.00 Know all men by these presents, That the city of Ashland, in the county
of Jackson, state of Oregon, for value received hereby agrees and promises
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