1923 (#900-1161) - Laserfiche WebLink

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,$20 All said bonds shall be dated the 9th day of October, 1923, and shall be numbered consecutively from i to 20, both inclusive. Bonds numbered from i to 6, inclusive, shall be each in the denomination of $461.73; bonds numbered from lC, inclusive shall be each in the denomination of $461.72. The form of the bonds shall be substantially as provided by Sec. 6 of the I~proMement Bond Act of 1915, pro- vided that the same shall contain the aDpropriate words and figures to make the said bonds and the form thereof applica- ble to the denomination, annual series, and purposes for which the bonds are to be issued, as herein set forth. The bonds ahall be signed by the Treasurer and the Clerk of the City of Santa Aha. 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. All of said coupons shall be signed by the Treasu- rer of the City of Ssnta Ana, but the Treasurer's signature may be engraved, printed, or lithographed, on the interest coupons in place of the Treasurer's signature by hand. The interest coupons sh~ll be consecutively num- bered from i upward on each bond, and the interest thereby represented shall be paid on the 2nd day of January and July in each year, commencing with the 2nd day of January, 1925, provided that the coupons representing the first payment of interest which shall become due the 2nd day of January, 1925, being six months before the maturity of the first an- nual series of the bonds, shall be for the interest accruing thereon from the ZOth day of August, 192J. Bond No. i in the denomination of $461.V~ shall con- stitute annual series No. i and be paysble July 2nd, 19~$, being the 2nd d~y of July next succeeding nine months after the date of the bond. Annually thereafter on the 2nd day of July of each year one additional bond in like denomination and in succes- sive numerical order, sha!] fail due and be paid, until the first six are p~id, thereafter, au6ually, said bonds in the denomination of $461.72 shall fall due and be paid; and the bonds payable in each year stml] constitute the annual ser- ies for the year iu whiah they are to be psid. Fourth All of the bonds shall be sold at the hour of ?:30 o'clcock P.M. of Monday the 29th day of October, 1923, to the highest bidder therefor, but not less than their par, and accrued interest at the date of their delivery, and the proceeds of the sale thereof shall be deposited in the trea- sury of the City of Santa Ana to the credit of Spurgeon Street