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Fourteen Thousand Dollars ($14,000) Eight (8)
Years
after
date
Fifteen Thousand Dollars (;15,000) Nine. (9)
Years
after
date
Sixteen Thousand Dollars (;v16,000) Ten 10)
Years
after
date
Seventeen Thousand Dollars p17,000) Eleven 11
Years
after
date
Eighteen Thousand Dollars i,18,000) Twelve 12)
Years
after
date
Nineteen Thousand Dollars •;d19,000) Thirteen S13)
Years
after
date
Twenty Thousand Dollars W20,000) Fourteen (14)
Years
after
date
Twenty-one Thousand Dollars 021,000 Fifteen (15)
Years
after
date
Twenty-two Thousand Dollars (4;22,000J Sixteen (16)
Years
after
date
Twenty-three Thousand Dollars (4v23,000) Seventeen (17)
Years
after
date
Twenty-five Thousand Dollars 0: 5,000) Eighteen (18)
Years
after
date
Twenty-six Thousand Dollars (426,000) Nineteen 19
(20
Years
after
date
Twenty-seven Thousand Dollars (5p27,000) Twenty
Years
after
date
Twenty-nine Thousand Dollars (;p29 000) 'Twenty-one (((21)
Years
after
date
Thirty Thousand Dollars (-,N30,000f Twenty-tero (22)
Yearc
after
date
Thirty-two Thousand Dollars (:,)32,000) Twenty-three (23)
Years
after date
Thirty-four 'Thousand Dollars 34,000) Twenty-four (24)
Years
after date
Thirty-five Thousand Dollars r 5,000) Twenty-five (25
Years
after date
Thirty-six 'Thousand Dollars (,N36,000) Twenty-six (26)
Years
after date
Thirty-eight Thousand Dollars (;�38,000) Twenty-seven,(27) Years after date
Forty-one 'Thousand Dollars ('341,000) 'Twenty-eight (28)
Years after date
Said bonds shall have attached proper interest coupons which shall
be a part thereof. The bonds maturing more than twenty-four years after
date according to the schedule herein set forth, shall be callable for re-
demption in numerical order on any interest payment date after twenty-four
years from their date, upon thirty days notice published in the newspaper
doing the city printing. Both principal and interest of said bonds shall
be payable in gold coin of the Unites States, of the present standard of
weight and fineness, at the office of the City Treasurer of the City of
Port Townsend or at the Fiscal Agency of the State of Vlashington in New
York City, at the option of the holder, and shall be an obligation only
against the special fund created and established in.Section 5 of this
ordinance.
Section 5. That there be and hereby is created and established
a special fund to be called "Municipal Water 5lorks Extension Bond Fund,
1927," which fund is.to be dram upon for the sole purpose of paying the
interest, or principal and interest, of said bonds. From and after the
date of said bonds, and so long thereafter as any obligations are out-
standing against said fund, the City Treasurer shall set aside and pay
into said fund, thirty (30) days prior to the respective dates on which
interest, or principal and interest, of said bonds shall become due and
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