FEBRUARY 1, 1917
PAGE 6
CROOK COUNTY JOURNAL
THE FORD COMPANY
ANNOUNCES
TTfThat on account of shortage
( of materials until further no
VL tice cars will be shipped
il nnlv on bonafide orders.
Therefore if you want a car
it will be necessary for you
to come and sign an order
INLAND AUTO COMPANY
PRINEVILLE, OREGON
Keep Your Stock Healthy
and Make Your Chickens Lay
INTERNATIONAL
POULTRY and VETERINARY
REMEDIES
INTERNATIONAL Distemper Remedy
INTERNATIONAL Worm Powder
DAN PATCH Iodo Absorbant
INTERNATIONAL Louse Killer
INTERNATIONAL Roup Remedy
INTERNATIONAL Heading Powder
INTERNATIONAL Poultry Food
A fresh stock of all the International Stock Food
Company's Remedies always Kept on our Shelves
Spring
Always
Let us keep you, as well as your stock and poultry, in
good health. We are the Old Reliable Druggists of
Central Oregon. In business in Prineville 18 years
D. P. Adamson & Co.
The First National Bank.
of PRINEVILLE, OREGON
Resources Over Half Million
This bank is pleased to place at the disposal of its
customers the facilities gained during its twenty
seven years of continuous service and growth
B. F. ALLEN. Pre. WILL WURZWEILER. Vice Pre.
T. M. BALDWIN, Cashier H. BALDWIN. Asst. Cashier
. E. R. MORRIS.' Asst. .Cashier
W. J. HUGHES
Harness and Saddlery Goods, Horse Blankets, Saddle
Blankets, Bits, Spurs, Robes, Whips, Harness and Saddles,
Oils and Axle Grease. All work neatly and promptly
done and guaranteed
Saddles Made to Order a Specialty
prinfvii i f nRFr.niM
"
Why Not Trade at Home?
Let us figure with you on anything
you want in the line of
Furniture, Wall Paper, Paints, Oils
Glass, Building Materials, Doors
and Windows
The only
Licensed Undertakers
ip Prineville
ALL GOODS STRICTLY CASH
LIPPMAN &
.The Journal has the largest circulation of any county paper
Tonics
Needed
Dealer in
COMPANY
XOTICK UK PKTITION TO K
(M DK KKT.I I.AMW MtOM
THK (H'lHNt) IKUUi VnON 11S
TKHT, WW TO HAMiN THK
1UH M. HIKH OK MAIN 1IH
TKUT. Notice la heroby nlvpn that l.Unlo
VamWrpool ami lita Cunt rill have
filed In the otltre of the Soorotury of
the Ochoco IrrtttntUm Ulntrlrt thrlr
pot It ton praying Hint the followliiK
dosrrlhotl laittU bt'lonKiUR to the
potlUom-ra ami situate within the
said Irrigation dUtrivt and propoaed
to be Irrigated by mi id Irrigation
district and by tta system of irriga
tion to-wit:
The South half of the Northeast
Quarter and the North half of the
Southeast Quarter or Section Twenty-Six
Township Fourteen South,
Range Klften Kaat of the Wlllaiu
ette Meridian in Crook County,
State of Oregon, be excluded and
taken from said district, and the
boundaries of said district be
changed so as to exclude said lands
of the petitioners, for the reaaon
that said lands are already Irrigated
and entitled to be Irrigated from
another sousce and by another sys
tem of Irrigation works than that
contemplated by the said district.
And notice Is hereby given to all
persons Interested In, or who may
be a flee ted by such change of the
boundaries of said district, to ap
pear at the oflice of the Hoard of
Directors of said district. In the
Adamson Building, In the city of
Prineville, Crook County, Oregon,
on the 6th day of February. 1917.
at the hour of 2 o'clock In the after
noon of that day, and show cause,
in writing, if any they have, why
the change of the boundaries of
said district, as proposed In said
petition, should not be made.
And you are further notified that
if you fall to so appear and show
cause, in writing, why the tractB of
land described tn said petition
should not be excluded from said
district, the same shall be deemed
and taken as an assent by you to
the exclusion of said tracts of land
from said district.
Dated this 17th day of January,
1917. .
R. L. SCHEJ3,
Secretary of the Board of
' . Directors of the Ochoco
Irrigation District, Crook
10t3c County, State of Oregon.
Now turn to the classified ads on
page 3
NOTICB OF SHERIFF'S BALE
By virtu of an execution, judgment, de
cree and order of sale touted out of the Cir
cuit Court of the State of Oregon for the
County of Crook, dated the 26th day or Oe
cember, 1916, in a certain suit in Mid court,
wherein G. Orio Jefferson, plaintiff, recover
ed a judgment and decree against Charles
W. Embody, Florence Km body, Oregon Cen
tral Improvement Company, a corporation of
Washington, and the County of Crook, de
fendants therein, that the property herein
after described be sold to satisfy the sura of
Three thousand dollars (13000.00) with in
terest thereon at eight ptr cent ( per an
num from the 23rd day of September, HM4;
the iura of Seventy -seven 4 itmoo dollars
(I7T.7K) with interest thereon at ten per
cent (101 per annum from the 27th day of
May, 1916; the sum of One hundred twenty
five 44-100 dollars (1125.44) ; the sum of
One hundred seven A 7 6-1 00 dollars
($107.T6i ; the sum of Eighty (tt-loo dol
lars (Sso.ttf) the sura of Three hundred dol
lars ($300.00) and the further sum of Twenty-one
A 60-100 dollars (121. 60t, costs and
disbursements, and accruing costs, notice la
hereby given that 1 will on Saturday the
24th day of February, 1917, t the north
front door of the Court House in Prineville,
in said County, at ten o'clock in the fore
noon of said day, sell at public auction to
the highest bidder for cash, all right, title
and Interest that the above named defend
ants, or either of them, had on or after the
23rd day of September, 1910, the date of the
mortgage foreclosed by said decree. In the
following? described property, to-wit :
All of Section 16, in Township 22 South
of Range 21 East of the Willamette Merid
ian, in Crok County, Oregon, to satisfy said
execution, judgment and decree.
E. B. KNOX,
Sheriff of Crook County
By FLOYD A. KOWELL,
llt.Se Deputy.
ORDINANCE NO. 246
An ordinance authorising the issuance, ex
ecution and delivery to the purchasers of
One Hundred Thousand Dollars ($100,000)
Negotiable Warrants of the City of Prine
ville, Crook County, Oregon, for the purpose
of borrowing money with which to build and
equip a railroad within and without the
boundaries of the city for the benefit and use
of the inhabitants theerof, and for profit ;
prescribing the form of said warrants and
fixing the details of the issue, and providing
for the levy, assessment and collection, of a
direct annual ad valorem tax upon all of the
taxable property of said city, in addition to
all other taxes, sufficient to create a fund
with which to pay the interest accruing on
said warrants and to discharge the princiiial
thereof, repealing all ordinances or parts
thereof in conflict herewith ; and declaring
an emergency.
THE PEOPLE OF THE CITY OF PRINE
VILLE, OREGON, DO ORDAIN, as follows:
Section 1. That it has been and ft is here
by ascertained, determined and declared that
the City of Prineville, Crook County, Oregon,
has a population of more than one thousand
persons and is authorised and empowered by
Subdivision 68 of Section 26 of Chapter 6 of
the charter of said city, as amended at an
election held on the 11th day of September,
A. D. 1916, to buy, build, equip, acquire,
maintain and operate, a railroad operated by
steam, electric or other power within and
without the boundaries of said city for the
benefit and use of the inhabitants thereof
and for profit, and that the common council
deems it advisable and to the best Interests
of said city to exercise the said powers and
build and equip a railroad for said city dur
ing the current year.
Section 2. That for the purpose of bor
rowing money with which to build and equip
a railroad within and without the boundaries
of the city for the benefit and use of the in
habitants thereof, and for profit, there shall
be and there are hereby authorized, ordered
and directed to be issued and delivered to the
purchasers thereof the following described
warrants :
General fund warrants of the City of
Prineville, Crook County, Oregon, to an
amount aggregating the principal sum of
One Hundred Thousand Dollars ($100,000),
bearing interest from their date until paid
at the rate of six i per centum per annum,
payable semi-annually.
Section 3. That each of said warrants,
except as to their number, amount and name
of payee, re)ectively, shall be In substan
tially the following form, to-wit:
(FORM OF WARRANT)
UNITED STATES OK AMERICA
STATE OF OREGON COUNTY OF CROOK
CITY OF PRINEVILLE
NO 16,000
General Fund Warrant
TO THE TREASURER OF THE CITY OF
PRINEVILLE, OREGON:
For value received, pay to bearer out of
the, general fund of the City of Prineville,
Oregon, the sum of Five Thousand Dollars,
together with interest thereon at the rate of
six per centum per annum, payable semi
annually. This warrant is issued by said city for the
purpose of borrowing money to pay the
cost of the construction and equipment of a
railroad to run within and without said
city for the benefit and use of the inhabi
tants thereof and for profit, under, by virtue
of and in all respects In full and strict
compliance with the constitution and laws
of the state of Oregon and Subdivision 58 of
Section 25 of Chapter 6 of the charter of
Baid city and an ordinance duly adopted by
the common council thereof prior to the is
suance of this warrant, and It fa hereby
eertined. wotted and warranted that all
ihinM. acta and conditions required by the
constitution and laws of the state of Oregon
and the charter ant people oi said city iu
exist and to happen and be dime and per
formed precedent to and In the issuance of
this warrant, in order to constitute the
same the valid and binding obligation of
aid city, do exist and have happened and
been done and performed In regular and due
form and time; that the total Indebtedness
of aaid city, including this warrant, does hot
exceed any constitutional, statutory or char
ter limitation; and that due provision has
been made fur the levy, aseeeetnent and col
lection of a direct annual ad valorem tax
all of the taxable proiwrty of the city,
in addition to all other taxes, sufficient to
create fund to pay the interest accruing
on this warrant and to discharge the prin
cipal hereof
in TKST1MONY WIIKKKOK. The City of
Prineville, Crook County, Oregon, by Its
common council, Has caused this warrant to
be signed by the mayor, attested by the
recorder and scaled with the corporate seal
of said city, this Xuth day of January, A
U m" D. K 8TKWART
8KALl Mayor
Atteatt
tiKO. r. EUSTON,
Recorder,
Section 4. That each of said warrants
shall be signed by the mayor and atteated by
the recorder and sealed with the corporate
seal, respectively, of said city, which seal
hull be impressed th eon ; and that the om
cera of said city in this section mentioned are
hereby authorised, ordered and direrted to
cause said a rants to be prepared substan
tially In the form hereinabove set forth and
to execute the same for and in behalf of
said said city as and in the manner s fore
said, and cause the warrants to be delivered
without undue or unnecvasary delay to Fred
( I kn n Jt Co.. the lawful purchasers of the
same, upon payment being made to said
treasurer ui me aaiww iivnimi ynw
for: that said treasurer shall hold the pro
ceeds of the sale of said warrants In a set
arate fund subject to the order of the com
mon council of said city to be used exrlusive
ly for the purpose of building and equipping
a railroad within and without the boundaries
of the city for the bene ft t and use of the in
habitants thereof and for profit, but the pur
chaser of said warrants, or any subsequent
holder shall be In nowise responsible for the
application of the proceeds of the sale of
said warrants by the said treasurer, common
council or any of the officers of said city ;
and when said ws rants, or any part thereof,
shall have been delivered to said purchaser
they shall thereafter be Incontestable and
their legality shal not be open to contest by
any person or persons, corporation or cor
pora lions, or by the city, for any reason or
reasons whatever.
Section ft. The Interest falling due on
said warrants semi-annually, shall be and
the same is hereby ordered appropriated and
paid by the city treasurer from the general
fund, and for the purpose of reimbursing and
supplying said fund wtth money sufficient to
pay the Interest accruing on said warrants
and to discharge the principal thereof, there
shall be and there is hereby levied upon all
of the taxable property of said city, In ad
dition to all other taxes, in each of the
years 1917 to ltttZ, inclusive, a direct an
nual ad valorem tax sufficient to create and
maintain a fund to pay said Interest and
principal on or before six years from the
date of said warrants ; and said tax, when
collected, shall be turned over to and by the
eity treasurer kepi in a general fund and
shall be used solely for the payment of the
interest on and principal of the said war
rants hereby authorised, so long as any of
said warrants or the interest thereon re
main outstanding and unpaid; and for great
er certainty, the common council of said
city shall in earh of said years 1I7 to lU-i,
inclusive, include the warrant tax herein
above levied for such year in the annual
estimate for said eity for such year and said
warrant tax shall In each of said years at
the lawful time and by the said common
counril and the officers of said city, be duly
certified to the officers having to do the ex
tending upon the tax mil and the collection
of the same, and it shall be the duty of
said oft! era, and they are hereby required
annually at the time and In the manner
providi-d by law for the levy and collecting
of other taxes, to ratify and carry out the
provisions of this ordinance, with reference
to the levying and collecting of the taxes
herein provided, for the purpose of creating
a fund for the payment of the Interest upon
and the principal of the said warrants here
by authorised ; and the said taxes, when so
collected shall be turned over to and by the
city treasurer kept for and applied only to
the payment of said interest and principal
of said warrants as hereinabove specified,
but nothing herein contained shall be so
construed as to prevent aatd city from ap
plying any funds that may be In the treasury
and available for that purpose to the pay
ment of said interest or principal, and the
levy or levies hereinabove provided for may
thereupon to that extent be diminished, and
upon payment of the principal of any of the
warrants issued hereunder in said manner.
or by the use of the moneys herein provided
for, the levy or levies herein provided for
the payment of Interest may to the extent
of the interest on the warrants so paid be
diminished.
Section 6. That semi-annually from the
date of said ws rants, so long as any of the
said warrants hereby authorised to be issued
remain outstanding and unpaid, the cily
treasurer shall and he is hereby authorised,
ordered and directed to pay the Interest due
on said warrants at the rate of six (6) per
centum per annum upon the principal of
said warrants to said treasurer; and as soon
aa there are moneys in the general fund of
said city, in addition to moneys required for
the payment of interest, sufficient to pay
the principal of one or more of said war
rants, then the city treasurer shall give no
tice of his intention to pay one or more of
said warrants, according to the amount of
funds In his hands, sajd warrants to be paid
in numerical order. The said notice shall
designate the time of payment and the num
ber or numbers of the warrant or warrants
to be naid and shall be published for three
successive weeks prior to the date of said
payment, the first publication to be not less
than thirty days prior to aatd date of pay
ment. Section 7. That the sale and award of the
wa runts of said city hereinbefore mentioned
heretofore made by the mayor and common
council of said city, upon the best terms
and at the lowest rate of Interest at which
said warrants can be sold, namely at six (6
per cent interest per an urn, to Fred Glenn
& Co.. the highest and best bidders therefor.
be and the same is hereby ratified, approved
and confirmed.
Section 8. That the mayor, the treasurer
and the recorder, respectively, of said city,
ail, any or either of them are hereby
authorised, ordered and directed to furnish
the aforesaid purchaser of said warrants.
with a complete certified copy of the charter
of said city showing all amendments hereto
fore made thereto, and with such certificate.
transcripts or other documents as will fully
evidence the proceedings had preliminary to
the issuance ot said warrants, the regularity
and sufficiency thereof, and the acts of any
one or all of said officers in the premises
are hereby authorized, ratified, approved and
confirmed.
Section 9. That It be and Is hereby cer
tified, recited and warranted that all condi
tions, acts and th ings n ecessa ry and essen
tial to the validity of the warrants herein
before and hereinabove mentioned and re-
qui red by law to be done, have been f ui 1 y
done and performed.
Section 10. That the provisions of this
ordinance and each of the warrants, sliull
constitute and the same arc hereby declared
to be a binding and Irrevocable contract be
tween said city and the purchasers of said
warrants and the holder from time to time
of each of said wu rants.
Section 11. That all resolutions, ordin
ances or orders in conflict with the pro
visions hereof, be and the same are hereby
repealed, rescinded and annulled.
Section Vi. That this ordinance, being
for th purpose of carrying into effect the
objects authorised and ordered by a ma
jority vote of the qualified electors of said
city as expressed at the special election
held therein on the 11th day of September,
A. D. 1116, for the purpose of amending
the charter of the city, more particularly
by amending Subdivision 68 of Section !i& of
Chapter 6 of said charter, is necesrary for
the immediate preservation of the peace,
health and safety of the city and an emer
gency exists, and the same shall therefore
be in full force and effect from and after
Its passage and aprovul and shall not be
subject to the referendum.
Section lit. That this ordinance shall be
forever ir repeal able until the indebtedness
hereby created, both as to principal and in
terest, sball have been fully paid, satisfied
and discharged.
Approved this 20th day of January, A.
0. IH17.
IV F. rVTKYY AHT
Mayor of the City of Prineville,
tHKAU Crook County, Oregon.
Attest t
tiF.0. F. KU8TON,
Recorder of the City of Prineville,
Crook County, Oregon.
Wit
OHIUNANt K NO, I4T
An ordinance authorising the Issuance, ex
ecution and delivery of One Hundred
Thousand Ifnllers tlMMMxm), Negotiable
Coupon Funding Honda of the City of
1'rihevlle, Crook County, Oregon, for the
purpose of funding, paying and redeeming a
like amount of the warrant indebtedness of
said city outstanding, due or pnuald and
heretofore Incurred for the roust ruction and
equipment of a ra I In Mid ; prescribing the
form of said bonds and fixing the details of
the Issue, and providing for the levy, ae
seasmettt and collection of a direct annual
ad valorem Us upon all of the taxable
property of said city, in addition to all
other taxes, to create a fund sufficient to ay
the litterets accruing on said bonds promptly
when and as the same becomes due and to
establUh a sinking fund with which U dis
charge the princltial thereof at maturity i
rviH-allng all ordinances or parts thereof in
con Uirl herewith 1 and declaring an erner-
TliV. I'r.Oi'l.K OF THK CITY OK WtlNK
VI U.K. OltKtiON. HO OUDAIN. as follows:
Her t ton 1. That fr the purpose of fund
ing, paying and redeeming the warrant in
deuttdiies of said city nw outstanding,
due and unpaid and heretofore Incurred pur
suant to the provisions of the charter and
ordinances of said eity for the eonxt ruction
of a railroad by said city, there shall be
and there are hereby authorised, ordered and
directed to be Issued and delivered to Heeler
H rot hers, the lawful purchasers thereof from
the common council, the negotiable funding
bonds of said city to an amount equal to
said outstanding warrant Indebtedness, ag
gregating the principal sum of lioo.uou ;
that said bonds shall be known as and des
ignated "Funding llonds" shall be com
prised of loo bonds numbered consecutively
from I to loo. Inclusive, of the denomina
tion of ll.oou each, shall bear date of No
vember 1, A. 1). Isia, and become due and
payable serially In equal annual amounts of
flO.iMsH.OO earh, commencing on November I.
A. U. lose: shall bear Interest from their
date until paid at the rate uf sis id) per
centum per annum, payable semi-annually
on the first days of May and November re
spectively, in each year, which Installments
of interest to date of maturity uf principal
shall be evidenced by appropriate coupons
attached to earh bond; and both the princ
ipal thereof and the Interest thereon shall
be iayable in lawful money uf the United
States of America, at the Oregon Fiscal
Agency. In the city and state of New Turk,
LI. 8. A.
Section 1 That each of said bonds and
each of the Interest coupons to be thereto
a tta bed shall be in substantially the follow
ing forms, respectively, tn-witt
(form of Bond!
UNITED 8TATKS OF AMKRtCA
8TATK OF OKKOON COUNTY OF CROOK
CITY OF PKINKVILLK
NO 11,000
Funding Hone
KNOW ALL MKN HY THK8K PRES
ENTS, That the City of Prineville, Crook
County. Oregon, acknowledges Itself to owe
and for value received hereby promisee to
pay to the bearer hereof the principal sum
uf One Thousand Dollars on November I,
A. p. 1 , together with interest on said
sum from the date hereof until paid at the
rate of sis per centum per annum, pay
able semi-annually on the first days of May
and November, respectively, In each year,
as evidenced by and upon the presentation
and surrender of the Interest coupons hereto
attached as they severally become due; and
both the said principal and interest are
hereby made payable in lawful money of the
V nited Stales of A merir. at the Fiscal
Agency of the state of Oregon, In the cily
and state of New York. U. 8. A.
This bond is issued by said city for the
purt"e of funding, paying an dredeemlng
a like amount of Ha valid and Ugal out
standing warrant Indebtedness heretofore in
curred under, by virtue of and In all re
spects In full and strut compliance with the
constitution and laws of the state of Oregon
and the charter of said city, and In par
ticular Subdivision AH uf Section 2U uf Chap
ter ft of said charter adopted by a vote of
the qualified electors of said city on the
tlth day of September, A. 0. I Wis, and an
ordinance of said city duly adopted by the
common council thereof prior to the issuance
or this bond.
And It is hereby certified, recited and
warranted that said city has been for many
years past and ia now a body politic and
corporate and a municipal corporation duly
organised, existing and operating aa a city
under and by virtue of the constitution and
general laws of the state, of Oregon and in
particular an act of the legislative assembly
thereof approved October t&, IHHO, and all
supplementary and amendatory arts: that all
things, acta and conditions required by the
constitution and laws of the stale of Oregon
and the charter and people of said city to
exist and to happen and be done and nor.
formed precedent to and in issuance of this
bond. In order to constitute the same the
valid and binding obligation of said city, do
exist and have happened and been done and
performed in regular and due form and
time ; that the tndebtednras for the fund.
ment and payment of which this bond Is
issued was lawfully Incurred for lawful city
purposes, and at the time It was In
curred and at the time of Its fundment
and payment hereby const luted the valid.
binding and aubsisillng Indebtedness of said
city and was of a character authorised by
the constitution and laws of said state and
the charter of said cily to be funded ; that
the Indebtedness of the city is not increased
by the issue hereof; that the total Indebted
ness of said city, including this bond, does
not exceed any constitutional, statutory or
cnaner limitation ; and that due provision
has been made for the levy, assessment and
collection of a direct annual ad valorem lav
on all of the taxable property of the city,
in addition to all other taxes, to create a
fund sufficient to pay the Interest aceimlnif
upon this bond promptly when and as the
same becomes tlua and to esltiblUh a sinking
fund with which to discharge Hit-principal
nereoi at maturity.
The faith, credit and all of the taxable
property of said city are hereby Irrevocably
pledged for the punctual payment of the
interest and the redemption of the principal
of this bond, respcclividy, as the same be
come due and are payable as a foresaid.
IN TKSTIMONY WHKKEOF, The City of
rnnevine, urooK County, ureuon. by it
common council, has caused this bond to be
signed by the mayor, attested by the re
corder, and sealed with the coriwrute seal of
said eity, and the attached mteri.t coujwms
to be signed wtth the engraved facKirnili
signatures of Its said officers, the first day
oi November, A. V. lUltt,
D, F. STEWART
(SEAL) Mayor
Attest:
CJKO. F. EUSTON,
Recorder.
(Form of( Coupon) V
No 130.00
On May 1,
November 1, A. D. 19
The City of Prineville, Crook County, O
gon, for vnlue received promises to pay to
the bearer hereof the sum of Thirty dollars
in lawful money of the United HUtes of
America, at the Fiscal Agency of the stnte
of Oregon, In the city and state of Nw
York, V, 8. A., being six months' interest
then due on its funding bond, dated No
vember 1, A. D. lit IB, No
Muyor,
Recorder.
Section 8. That euch of said bonds shall
be signed by the mayor and attested by the
recorder and sealed with the certiorate seal,
respectively, of suid city, whlsji seal shall
be impressed thereon, and each of the in
terest coupons to be attached to each of said
bonds shall be sinned by the engraved fac
simile signature of suid officers ; that the
officera of said city in this section mentioned
are hereby authorized, ordered and directed
to cause said bonds and coupons to be pre
pared substantially In the forms, respectively.
hereinabove set forth and to execute the
same fur and in behalf of said city as and
in the manner aforesaid, and with the city
treasurer cause the bonds to be delivered
without undue or unnecessary delay to
Keeler Brothers, of Denver, Colorado, the
lawful purchasers of the same, upon pay
ment being made to said treasurer of the
agreed purchase price therefor ; that aaid
treasurer shall hold the proceeds of the sale
of said bonds in a separate fund subject to
the order of the common council of said
city to be used exclusively for the purpose of
funding and paying a like amount tn the
outstanding, due and unpaid warrant in
debtedness of aaid eity heretofore Imurred
for the const rui tlon of a railroad by safes'
elty. but the purchaser of said bonds, or hny
Buheetiuent bolder shall be In nowise re
sponsible for the application of the proceed
uf the sale of said bonds by the said treas
urer, common council or any uf the uflWera
of said elty i and when said bmnU, or airy
part theieof, sball have bern delivered
said purchaser, they shall thereafter be la
eontcatahle and neither the legality of aad
bonds nor any uf the Indebtedness thervey
funded shall be open to eontest by any per
son or persona, corporation or corporation,
or by the city, for any teeson or rvees -whatever,
Section 4. The hi te rest falling due
said bomb on May 1st and November fcet,
A. t). ItflT, shall be and the same Is ber.br
ordered appropriated and paid by the rely
treasurer from the general fund ur out ef
any moneys In his hands belonging to ad
elty, and fur the purpose uf repaying the
amount or amounts o borrowed and lo W
create a fund suttuient to pay the tttterewt
accruing on said bonds subsequent to No
vember 1, A. 0. 117, promptly when end
as the same becomes due and to etahltth a
sinking fund with whirh to discharge the
principal thvreof at maturity, there shall be
and there is hereby levied upon all uf taw
tasable property of said fllly. In addition be
all other taxes. In each of the years HM7 u
1V4A, inclusive, a direct annual ad valorem
tax sufficient to create and mstntain a fund
to pay said Interest and principal aa the
same become due and payable, as follows;
In the year 1I7 a direct annual ad
valorem tax sufficient to 'produce the ne
sum uf IU.000, being for Iniervst.
In earh of the years UMH to IMA, Inrius
Ive, a direct annual ad valorem tax sufficient
to produce the nt sura of ItJ.uiHi, being fer
Interest.
In each of the Years Ufa to l4ft. m
elusive, a direct annual ad valorem tax suf
ficient to produce in each ui said years ine
urns for principal and Interest, as follows t
Y r.AK I'HlNi'irAI inir.ur.rri
Utt 1 1 II. 000 6, out
I yH 7 lu.uito e.sut
man lu.uue
tH9 lU.Oufl 4.?v
1 1 41) lu.uou s.r.te
li4U lo.tmo S.oue
ItHV lu.OOO f,v4
I W4 lll.IMM) l.HUd
14 lo.ooo l.;vv
una to.ooo euv
and said tax, when collected, shall be turned
over to and by the elty treasurer kept in a
separate fund to be known as and Oesig
nated "Funding Bonds, dated November 1,
lvls. bund Interest and sinking fund ,
which shall be irrevocably pledged to and
used solely for the payment uf the Interest
on and principal of the aaid bonds hereby
authorised when due, so long as any uf eetd
bonds or the Interest coupons thereto ap
pertaining remain outstanding and unpaid u
and for gmiter certainty, the common coun
cil of said rlty shall in each uf said year
117 to 1H4B. Inclusive, tnrlude the bond il
hereinabove levied fur such year in the an
nual estimate for aaid elty fur such year
and said bund tax shall in each of said
veera at the lawful time and by the aam
common council and the officer of aaid eity,
be duly certified to the county officers having
to do wtth the extending uf the taxes upon
the tat rolls, and it shall be the duty uf
the proper county and elly officers, and they
are hereby required annually at the time
and In the manner provided by law for tba
levying and collet ting of other taxes, l
ratify and carry out the pmvtskna uf thu
ordinance, with reference to the levying and)
collecting or taxes, and requiring the omeera
of and for said county to levy, extend and
collect such taxes In the maner provided by
law, for the purpose of creating a fund for
the payment uf the interest uiam and Dm
principal of the said bonds hereby author,
ised ; and the said taxes, when so collet led
shall be turned ever to and by the city
treasurer kept for and applied only to the
payment "f said Interest and principal ef
said bonds as hereinabove specified, but
nothing herein contained shall be so ton
at rued as to prevent said city from applying
any funds that may be in the treasury and
available for that purpose to the payment of
said interest or principal as the same re
spectively mature, and the levy or levlea
hereinabove provided for may thereupon te
that extent be diminished, and upon pay
ment uf the principal of any uf the bonde
issued hereunder lb said manner, or by the
use of tiit sinking fund herein provided fnr,
the levy or levies herein provided for the
payment of Interest may to the extent of th
Inlervet on the bonds so paid be diminished.
Section ft. That on the Hah days of April
and October, respectively. In each year, aa
long as any of the Interest coutons apper
taming to the bonds hereby authorised to be
Issued remain outstanding and unpaid, the
city treasurer shall and he Is hereby author
ised, o red red and directed, as and in the
manner designated by chapter 46, general
laws of Oregon of Ivll, to remit out of any
moneys In his hands belonging to said city.
In the form of check or draft payable fro.
New York City. U. 8. A., to the Fiscal
Agency of the state of Oregon In aaid city
of New York, a sum sufficient to pay the
semi-annual interest accruing on said bonds
on the first days of May and November, re
spec lively, In each year, and any and all
escrow charges made by said Fiscal Agenry
for handling said coupons: and on the 1M
day of OrtoWr In each of the years A, D.
1UU6 to A. O. 1h46, inrluslve, the aaid city
treasurer shall and he is hereby authorised,
ordered and directed, as and In the manner
provided by chapter 40 efuievnid, out of the
sinking fund created under the provisions of
this ordinance, to remit by rhick or draft
payable in New York, to said Fiscal Agency,
a sum sufficient to pay the principal amount
of all uf the said bomls as may then be out
standing, due and unpaid together with all
accrued Interest thereon, and any and all
escrow charges made by said Fiscal Agency
for handling the same.
Meet ion ft. That the sale and award nf the
bonds of said city hereinbefore mentioned
made by the mayor and common council uf
said city, upon the best terms and at the
lowest rate uf interest at which bonds caa
be sold, namely at six 44) per cent Interest
per annum, to Keeler lirotnvrs, of Denver
Colorado, the highest and best bidders there
for, be and the same Is hereby ratified, ap
proved and confirmed. v
Section 7. That the mayor, the treasurer
and recorder, re pee lively, of snid city, all
any or either of them are hereby autliorlted,
ordered and directed to furnish the aforesaid
purchaser of snid bonds, with a complete
certified copy of the charter of said city
showing all amendments heretofore made
thereto, and with such certificates, tran
scripts or other documents as will fully
evidence the proceedings had preliminary to
the issuance of snid bonds and the indebted
ness to be funded and paid thereby, the
regularity and sufficiency thereof, and the
acts of any one or all of said of I leers In the
premises are hereby authorized, ratified, up
proved and confirmed.
Section 8. That It be and Is hereby certi
fied, recited and warranted that all condi
tions, acts, and things necessary and essen
tial to the validity of the bonds hereinbefore
and hereinabove mentioned and the indebted
ness of the city to be funded and paid there
by, and required by law to he done, have,
been fully done and performed.
Section 9, That the provisions of this or
dinance and each of the bonds and each el
the interest coupons issued pursuant thereto,
shall constitute and the same are hereby de
clared to be a binding and Irrevocable con
tract between said city and the purchasers
of said bonds and the holder from time ta
time of each of said bonds and the Interest
coupons thereto appertaining.
Section 10. That nil resolutions, ordin
ances or order In conflict with the provis
ions hereof, be and the same are hereby re
pealed, rescinded and annulled.
Section 11. That this ordlnunce being for
the purpose of carrying Into effect the ob
jects authorised und ordered by a majority
vote of the qualified electors of snid city aa
expressed at the special election held therein
on September 11, A. 0. IH16, for the pur
pose of amending the charter of the city,
more particularly by amending Subdivision
58 of Section lift of Chapter ft of said char
ter, Is necessary for the immediate preserva
tion of the peace, health and safety of th
city and an emergency exiflts and the name
shall therefore be in full force and elTeet
from and after Its passage and approval and
shall not be subject to the referendum.
Section 12. That this ordinance shall be
forever irrcpealable until the indebtedness
thereby funded both as to principal and in
terest, shall have been fully puid, satisfied
and discharged. '
Approved this 20th day of January, A
D. 1917.
D. P. STEWART
Mayor of the City of Prineville,
(SEAL) of Crook County, Oregon.
Attest ;
. GEO, P. EUSTON,
Recorder of the City of Prineville,
Crook County, Oregon.
Ilt2e - -1
t