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h" determined to provide for a vories of coupon bonds., to be
de s igna tad * C IIT 4f OWMETWU ELEC IAM IC LIGHT RZTEMN W NDS"e
payable from &tA se cured by a pledge of the net re ve nase from
V14 4perat10A Of *UCh light phe►nt WA power tiysteme to the Oxton%
of SIX RUNDRZ0 DOLLARS (;600.00) out of each month's gross tnoomae
and further assured by a first mortgago an the Clty's entire also—
trio light plant and, power system*
SrC�'�t that said bonds shall be dateb the 81 , XfR DAY
OF BUTMO 1.9:40 shall. be ,numbered ooneaen,tively fMa One (1)
t4 Fifty-five (65) 0 both inalusive s shall bear interest at the
rate of TM= p CIZ(Zf,) per annams payable on t%rthh Flrr"ZXM
and SEpum FnmE AIM 0 LA sash ysare the first interest peyMent
to bo an h 13th a 1937* and sold bonds eaeh shall bo denominations
of ONS TMUSA2p DOLURS ( 1sOOO*00)* act payable aerially as shown
by the following schedule=
B0 i"', lJ J0XUA'ICNSe
MATURITY
PATM3
AMMTS
1'
to
d
11,000000 each
September
115th„
190
03000.00
10
l#00 *00 ie
September
16tho
19 8
50000O0
ll
to
Ili
10000.00 a
September
Uth.e
1949
05000.00
1$
to
it
1,000*O0 "
September
18'the
1940
6000*00
U
to
21
$10000.00 0
Sep tae aer
lithe
1941
6000900
to
to
10O+0O*00 •
September
laths
1942
$6000.00
"
to
29
$10000.00 0
September
Uth,
1943
*46000000
40
to
45
1s000*0O f
September
15the
19"
$6000.00
46
to
b1
t10O00*00 a
September
15the
1946
00004OO
62
to
as
010000*00 a
September
].tithe
1946
4000.00
That
on and after September lbth, 19410 the said
City shall
lave
the
optioa of paying eaeb of the said bonds that wj then
be unpaid,* by p4ging the principal and the asorusri interest thereon
to the next suo,0444-Ind interest paying data, (Waa►rch 16th «► September
1bth) following the exercise of such option. That as a oondition to
the 4xeroise of the said option. the &aid City shall by registered
mail& cause the .. TRUST M «.. in said, boxAs s TIRST hATMj,z� BM Zit
110"Oy 2. to be notiflild, of said City *s intent to exeroisec Maid► op tioet
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