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7 ~T7 7 T <br />1 r7 j1 E -rj I; C. a'^ y a-_-•+~ <br />T T ~ 07~~,_ J .:r;i~lld~ <br />fit; <br />B01-MED li`JDE711775t- -nrS <br />F `~~~•r?-c rP'>.tile C_-' LOS v:iJ <br />TJ.; ~-r-: r Tl 1': T t iiiI,i <br />?.S, 1I1. <br />111H rr.t r m+.. S (6.. ~v.~! .a ~`n'0V V) Li.:itii:^.. :ltJ <br />v.7 :t 1J`~ <br />~'lLO(+VII)T R /Y_ i?v .;7('fj ii'1..1 lZSZSI. YT ry-f.,1 Yy 4 ] 3 0 1 ,,.~1 t^,,t r...iT7,171171 <br />and t G t LJ ZI.!' JiLrJ~ l1_`~® <br />TIU] BOARD OF r.!`_PL rUT_]__TS V,y 111E.-L. t}.: 1'•'! J_'' JiOS G i1 ~JJ do <br />QrQ.a i1,1 as _QIlo"Fs. <br />Sect'.- on 1. That pur::'•..1,:.nt to the _ es :lts o.L a s Jecial <br />"i iui.S ~ fj 1. pal election i~t e y { in t°''.ie Q Y a of .-:Q n3 ~."L+t Q as~ on he ✓ "4.ea <br />daisy of vuale, 1026, t---,e 1Q1?T'sa of Los Gatos issae its negotiable <br />d oy.,LC s9 t_'?e saime to be t111Y,ty ( 3v) in nu)nber, ahict'1 s hwll be <br />of the denoi-.gination of One Thousalad h')1000.00} Dollairs each <br />a2i s~:ica" 1 be iw.,,,f1~'y'e.CU fs'sJ3i one 4, l) t o thirty 3U f ~'c3Ch 3fQiiCL <br />aaacl s1ve, ar,d all Qf s id bo~sds small bear interest from <br />their issuance until paid at the rate o:.~ five _~,er cent. <br />pew ainum, nayabl=e semi--ainnua11ys both '~ri_auiyJa„~ axid interest <br />of as=~ boa ds bean pa Tc%b~e in gold coin of the x'11: tec? ~tc14'~c. <br />of =t.A7. /;,11e Y.?:i1:1 ei f£I_lo'du 7. i//,,.~, 9 t ~J r°~~ l iJ.,c, . (ryOne-tenth ~q/ps 2 :iQy of <br />' <br />the o~ t i-s ~.:ideblGw~K <ess yJ~"16;.~..:.i be pCN.i.d ea~ei.E and <br />every year at t',-,.e =Down, `!'reas,,)ry of said Q1a t1° First day <br />of julyx ~ o ;et!'1er J ilt er e st on all s~~ _ls unpaid t such <br />dates. '.'t'he interest, of said bonds shai3. be paid s =-0--, luc.31y, <br />one of such st: si®aanual IDayments in each year bei"i'iF on the <br />first day of July axed the other o:' such see i-alnuwl }asr ".eats <br />in each year being on the first dzay of Januarys Said interest <br />s ~a1? be evideaacec?.byproper coupons attached to said bonds <br />separate coupon beiattac~led to each bond for each sey-i° <br />,z , a ei:i. 7eCQ-: n .e due ier+~..'oal. i Ti <br />ai:a"itic.,..~ 3Ja~Pill.,$ , of f 3.'1 "1r „er,..Ast $ wQ +7 6a..?hrP..e <br />said beads shah mature and be -payable- at the e -1d of each year; <br />the first i.xist al l.- d,at being bonds one (1) to three (3) ile-- <br />clusis e; v'le second :ins l-a l_nent beiiv bo_ids four (4) to <br />1 <br />