1923 (#900-1161) - Laserfiche WebLink

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of the work and improvement upon which the bonds are issued and the interest and penalties thereon. All of the bonds shall be dated the 4th day of Se~ ember, 1923, and shall be numbered consecutively from 1 to 20, both inclusive. Bouds numbered from i to lC, inclusive, shall be each in the denomination of $1000.00; bonds numbered from ll to 20, both inclusive, shall be in the denomination of $280.g~i each. The form of the bonds shall be substantially as pro-~ vided by Section 6 of the Improvement Bond Act of 191§, pro- vided, that the same shall contain the appropriate words and figures to make the said bonds and the form thereof applicable to the denomination, annual series, and purposes for which th~ bonds are to be issued, as herein set forth. The bonds shall be signed by the Treasurer and the Clerk of the City of Santa Ans. There shall be attached to each bond interest coupons representing the payments of semi- annual interest accruing and made payable upon the principal of the bonds to which they are attached. Ail of said coupons shall be signed by the Treasu~r of the City of Santa Aha, but the Treasurer's signature m~y bei engraved, printed, or lithographed, on the interest coupons place of the Treasurer's signature by hand. The interest coupons shall be consecutively numbered from 1 upward on each bond and the interest thereby represen- ted shall be paid on the 2nd day of January m~d July in each year, commencing with the 2nd day of January, 192A, provided, i that the coupons representing the first payment of interest which shall become due the 2nd day of January, 1924, being sir months before the maturity of the first annual series of the bonds, shall be for the interest accruing thereon from the 20th day of August, 1928. Bond No. 1 in the denomination of $1000.00 and Bond No. 11 in the denomination of $280.~V shall constitute annual series No. 1 and be payable July 2nd, 1924, being the 2nd day of July next succeeding nine months after the date of the bond. Annually thereafter on the 2nd day of July of each year two additional bonds in like denominations and in successive hum- erical order shall fall due and be paid, and the bonds payable in each year shall constitute the annual series for the year in which they are to be paid. Fourth Ail of t~e bonds shall be sold at the hour of ~:30 o'clock P.M. of Monday, the 1st day of October, 1928, to the highest bidder therefor, but not less than their par and ac- crued interest at the rate of their delivery, ~d the proceeds of the sale thereof shall be deposited in the treasury of the