Ordinance 1915-226 - Laserfiche WebLink

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Bonds shall mature -as .per the following schedule: Bonds No. 1 and 2 shall mature on December 1, 1948 ' Bonds No. 3 and 4 shall mature on December 1, 1949 Bonds No. 5 and 6 shall mature on December 1, 1950 Bonds No. 7 and 8 shall mature on December 1, 1951 Bonds No. 9 and 10 shall mature on December 1, 1952 Bonds No. 11 and 12 shall mature on December 1, 1953 Bonds No. 13 and 14 shall mature on December, l, 1954 Bonds No. 15 and 16 shall mature on December 1, 1955 Bonds No. 17 and 18 shall mature on December 1, 1956 Bonds No. 19 and 20 shall mature on December 1, 1957 Bonds No. 21 and 22 shall mature on December 1, 1958 Bonds No. 23 and 24 shall mature on December 1, 1959 Bonds No. 25, 26, 27, 28, 29 and 30 shall mature on December 1, 1960 The Town of Louisville reserve's the right to redeem all or part of said bonds prior to their maturity and in event any bond or bonds are call redeemed, then the called redemption shall be 'in the order that the then outstanding uncalled bond with the lowest number shall be call _ rddeemed first, provided however, that sixty days before any such call rddemption shall be made, written notice shall be mailed by registered , mail to the holder and owner- of such bond, at his last known address as shown by the records of the Town Clerk of Louisville. The Town Clerk of Louisville at the time of the sale of the bonds herein shall'make -a list of the name and adctess of the purchaser of each bond together, with the number of the bond or bonds owned by each purchaser and any person who may thereafter become the legal holder and owner of such bond, may file with the Town Clerk 'of Louisville his name and address as the holder and owner of any bond or bonds and the notice for call redemption of any bond called before due shall be sent to the person tho is shown by the records of the Town Clerk of Louisville to be the present holder and owner of the bond to be call redeemed at the time the notice is sent, and notice sent by registered mail addressed to the last person shown to be the holder and owner by the records of the Town Clerk of Louisville at the address shown by the records of the Town Clerk of Louisville, shall be sufficient notice to mature said bond and stop the running of interest sixty days after call notice is mailed, whether such person is the actual holder and owner at the time of such maturity or receives mail at the address shown by the records of the Town Clerk of Louisville, or not, the burden being upon the holder and owner of the bond to inform the Town Clerk of his ownership and address. Said bonds, both principal and interest, shall be payable at the office of the Town Clerk in the Town of Louisville, Boulder County, Colorado. Said bonds shall bear date of the first day of December, 1945, shall be signed by the Mayor of said Town, countersigned by the Town Treasurer with the corporate seal of said Town affixed thereto and attested and recorded by the Town Clerk and shall be recorded in a book to be kep by the Town Clerk for that purpose. There shall be attached to each bond coupons numbered from 1 to 15, both numbers inclusive, each coupon representing a year' s interest on each bond to which it is attached and securing the interest as it accrues and each said coupon shall bear the number of the bond to which it is attached, the facsimile signature