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HomeMy WebLinkAbout01230date; three bonds - ten years after date; three bonds - eleven years after date; four bonds - twelve years after date; four bonds - thirteen years after date; four bonds - fourteen years after date; four bonds - fifteen years after date; four bonds - sixteen years after date; five bonds - seventeen years after date; five bonds - eighteen years after date; five bonds - nineteen years after date; five bonds - twenty years after date; five bonds - twenty-one years after date; six bonds - twenty-two years after date; six bonds - twenty-three years after date; seven bonds - twenty-four years after date; seven bonds - twenty-five years after date. Section 2. That the City Clerk be and hereby is authorized and directed to have printed and engraved, or lithographed, on good bond paper, bonds and coupons in the following form, to -wit: Has UNITED STATES OF AMERICA State of Washington County of Jefferson City of Port Townsend PORT TOWNSEND GENERAL INDEBTEDNESS 1931 WATER BOND $500000 KNOW ALL MEN BY THESE PRESENTS; That the City of Port Townsend in the County of Jefferson, State of Washington, is justly indebted, and for value received, hereby promisee to pay to the bearer, on the first day of January, 19 , the principal sum of Five Hundred Dollars ($b00:00), with in rest at the rate of four and three-quarters (4-1) per cent per annum, payable annually on the first day of January in each year, upon the presentation and surrender of the annexed interest coupons. Both principal and interest of this bond are payable in gold coin of the United States of America of the present standard weight and fineness, at the Fiscal Agency of the State of Washington, in the City and State of New York, or at the oiffioe of the City Treasurer of the City of Port Townsend, Washington. For the prompt payment hereof, both principal and interest, as the same may mature, the full faith, credit and resources of the City of Port Townsend are hereby irrevocably pledged, This bond is one of the series issued by the City of Port Townsend under the authority of, and in full compliance with, the Laws and Con- stitution of the State of Washington, for the purpose of providing funds for the making of certain additions and betterments to, and extensions of, the municipal water -works system of the said City of Port Townsend, an specified and provided by Ordinance No, 997 of said city, and which ex- penditure has been ratified and confirmed by a vote of the electors of