11/30/1920 Board of Public Works Minutes

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Tuesday November 3oth. ,1920 C ont inued. r w and 40/100 (184..40) Dal lags And the balance of which isa Id :bonds shall be due and payable respectively one M. , .two (2), .three (3) four (4) five (5),:' s ix (6) sQven (7) , eiSht (8) and nixie ( ) years after the 1st. day of May 1921, and mach of said bonds (except �sa'id •fi.rst bond) shall be tin the "sum` -of five hundred arYd thirty i�nine and 30%100 ($539.30) Dollars, and all of said. bonds shall be numb* rod r c'onseo.utively from one to ten inclus ive; and all of said bonds (except thefirst ether*of) shall have coupons attached evidencing the interest payable *on said bonds, which interest shall at per cent er `annum from the rat.' day- o `of May 1921, payable ha' at 'l`.$CFb'ti� of 9 I ]L (��) i� i� semiannually on presentation and surrender 'of the; couvbns as they severally mature, and the_. coupons of said bond .shall be in the amount of the,- in�areqj-t due somiannual�ly .,on the unpaid balance of the total principal sum of all of said bonds, r Said - bonds shall be payable in lawful ,monwy of the United States without re l iefj -from waluat ion ; and appra, is ement Jaws and attorneys.' fees. Said bonds -shall have the same priority over Other liens as have assessments for other street improvements and shall be a. first lievn on' all property, assets and '`franchises of .said Railway Company in the manner andtotlio extent pcov ided by law.. Ad&oed `by the City of South Banal, Indiana this 30, day of Nov. 1920. G, A. ELLIOTT H. F. ROSTISER JOHN.F., DEHAVEN Board of Public Works >o r Aec�,ptcd by the Stockholders bf the' Chicago, -'South Bend & Northern Indiana Railway Company this 30, day of Nov. 1920. OREN A. SMALL ' R. R. SMITH Asst. Secy. ' Vice President t The The above, action on the..part of the Stockerholders of the Chicago, South Bend & Northern Indiana Ra Slay Company has been authorized at their meet ins on the 8th. day of Sept., 1920, and such action of the stockholders was ratified by the directors of said Company at their meeting held on. the 8th. day of Sept. , ,1920. OREN A. SMALL R. R. SMITH Asst. Soey. Vice Pros.