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each and every year thereafter until the
<br />principal of said bonds is fully paid That
<br />is to .say the first twenty (20) of said
<br />bonds being bond~ numbered one to
<br />twenty; barb inchlslvP :hall be made
<br />payable on the 151h day of
<br />19'3 Phe next twenty of d bonfig
<br />being bonds numbered twenty-one to
<br />fort'
<br />• both ioclusi%,e shall be made pay-
<br />ahie on the 15th day o 111. N#
<br />and so on, twenty of c bnrtris 1 their
<br />regulal numerical order as numbered
<br />being payahle on the 15th day of
<br />of each succeeding yeal cre
<br />aft r- yo that the last twenty bonds,
<br />as so numbered being bonds numhered
<br />fire hundred- eighty one to six hundred,
<br />baths inclusive, shall be made payable on
<br />the 151hday of 1,20
<br />Section 5, Isoi'said ads shat! bear
<br />interest from their date until paid at
<br />the rate of 5 per cent per anrum pay-
<br />a.hl crmi-: rtmlalIV, nn the 11;th day of
<br />and of each year be-
<br />gi Jne lrit}3 913, and each bond
<br />Shall ha e t:pon51 attached thereto, num
<br />bered consecutively, for the several in
<br />sta7lmeuts of interest to become payable.
<br />Of' such bonds up to the time of maturity
<br />thereof a separate coupolt beingattached ;
<br />to each bond for each semi-annual pay
<br />�1merit .of interest. to become due thereon
<br />Section b That the principal and in-
<br />terest of said bonds shall be payable in
<br />gold coin of the Lnited Statex rn said
<br />City of Redlands at the office of tile.
<br />City Treasure) of spill city. by such
<br />Treasurer upon the surrender to slim of
<br />file bonds and coupons respectively to
<br />be pa id
<br />Section 7 Said honds shall be signed
<br />by the, execiltive of said city to .wit The
<br />President of the 13oard of Trustees of
<br />said city and by the Treavarer of said
<br />city and be countersigned by the Cleric
<br />Of said cit} and shall have the corporate
<br />spall of saki city affixed thereto and said
<br />coupons shall he signed hp the Treasurer
<br />Of said city Provided that said coupons
<br />may he so signed by affixing thereto the
<br />IU110gn."phed signature of sald Treasurer
<br />which said lithographed signature so af-
<br />fixedshall have the same force and ef-
<br />fort fl--; it the written signature of the
<br />said Treasurer were, affixed thereto
<br />Section 8 Sold hands except as to
<br />the number and date -of maturity of each
<br />shall be of Hice tenor and shall be -5ub JI
<br />stnntially in .form as follows -1
<br />BOND NO
<br />United Sratec of America,
<br />State of California,
<br />City of Redlands
<br />$1 04
<br />A11 NICIPAL '%p ATl'! R 13ONDS
<br />The City of Rediands in the County
<br />of San P.crnardino State of California.,
<br />fol %•nine r•eeeived promises to hay to
<br />the hearer hereof, at the office of the
<br />Crcasurel of Bald city ort the 15th day
<br />of O1i 'l'hau;a ul :
<br />Dollars l�($ 0 0) In23 the o of cl
<br />coin of Lhe l'nited States upon the Suri
<br />render, of tills pond and to pay interest j
<br />thereon rl'Ola1 date, in like gold coin et
<br />the rate of five per cent pet annum
<br />pat'a111.• S,yt7i-annctntly' on Tho 1.,th day- of
<br />-i;tiv :on,l 5� � nlScai f
<br />L( h4,01V f •st insLaUntent of r,irnnl
<br />torc•�t being payable the 15th day of
<br />1013,) su(:h Jnstallments of interest
<br />o h , paid at the office of said Lrea Sttrel
<br />in accordance with and upon the pre
<br />sentotlan and surretlder of the respective
<br />interest t•.inlpou': Jle.retn attached .)'his
<br />bold i one of •t series of Six Handred
<br />bands all of like date, denomination and
<br />heal t1xcept that S:1ld bonds are num-
<br />bered ro�ta,ecutively, in the order of mat
<br />ants from one to six hundred both in
<br />Mk
<br />isive and %';I*'y as to date of maturity,
<br />id holds being So issued and the date.
<br />maturity being so expressed in each.
<br />lit twenty- of said bonds lit regular
<br />merical order as so numbered (being
<br />e -thirtieth of said entire issue) shall
<br />ctlnte clue and payable each sneceeding
<br />eal beginning ten years from date
<br />hereof the first twenty of said bonds
<br />.,eindue and payable on the 15th
<br />v 199, the next twenty
<br />1.1241 and so on
<br />t%v t'Iwo .;t1d bonds rn their reguhu
<br />nurnerlcal order as number 1, being
<br />puynmo on the 15th dny of
<br />of each succeeding year Lheie. fter ant I
<br />Sully paid Said se.+ries of bonds (and this
<br />bodes is one of said series-) are issued in
<br />pursue-nce of an ordinance of said city
<br />duly passed authririzing and direct, no
<br />finch issue and in a •cordance with a
<br />the. cfualified electors of salid,1
<br />city at an eleCtion duty and 1•CgulaiVI3'
<br />held fol filch purpose, at which election
<br />Jlh.ui 'twrr thirds of life t'olet'5 4
<br />�T oting al. id election rated in favicei
<br />of sh i.;.;ur• and are issued under and
<br />En puucnsuance of and after full compliance
<br />Jill
<br />the provisions of tine laws of
<br />State of Caiifo•nta relating to til
<br />su:pn(P of ;uc h bond, and after
<br />mp iance with the laws of Bald
<br />'pplicable to such Issue The indebted.
<br />css nl' said city for public improve
<br />meats inciuding the x•hole amount of
<br />~aid. Minds, does not, in the aggregate:
<br />-eeed fifteen per cent of the asses*ed
<br />liie of all the real and personal prop
<br />1•ty of such city, and the total In-
<br />ebteducss of Saud city. including the ;
<br />hole amount of slid honds, does not ex
<br />eed thtl limit of indebtedness that said
<br />t} may lawfully ln.car under the la`vs of
<br />id State And provision has been duly
<br />elle by an ordinance of said city duly
<br />Sled and now in force, for the pay
<br />crit of the principal find interest of
<br />ch nd all of sa69 bonds as the same
<br />hall become due, by the levy tend col -
<br />1,,: Lion of tut annual tax upon all real and
<br />personal property subject to taxation
<br />ithin &lid (JL}, sufficient fol said par
<br />I Witness Whereof. the said City of
<br />lands I)y its hoard of Trustees has
<br />sed thix hoed to be signed b3 the
<br />^alit a of said city Lo wit The Presi
<br />t of said Hoard of 'Trustees, and by
<br />I'reaiHluel of .= fid city, and to 1>e
<br />nterstgneil by the Clerk thereof and
<br />oorpo:ttc gees to be hereunto affixed
<br />the litho€;rn;)hed signature of said
<br />;tearer to he affixed to each of said
<br />pons at the seal City of llwdlands
<br />: lith day 014P&" 1934
<br />�V_J
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