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interest coupons as they severally become due , or until <br /> such principal sum shall have been paid or duly provided <br /> for. <br /> Both principal of and interest on this bond are <br /> payable in lawful money of the United States of America <br /> at the office of the City; Treasurer in Everett, Washington, <br /> or, at the option of theholder, at the fiscal agency of <br /> the State of Washington in New York, New York. <br /> The City of Everett has reserved the right to redeem <br /> any or all of the bonds of this issue outstanding at par <br /> plus accrued interest in Inverse numerical order on any <br /> interest payment date on 'land after ten years from date <br /> hereof. <br /> Notice of any such intended redemption shall be given <br /> by one publication thereof in the official city newspaper <br /> not more than forty nor less than thirty days prior to <br /> said redemption date and by mailing a like notice at the <br /> same time to <br /> This bond is one of an issue of general obligation <br /> bonds of the City of Everett of like date and tenor except <br /> as to number, interest rate and date of maturity , in the <br /> aggregate principal amount of $4,500 ,000 , and is issued <br /> pursuant to a vote of the qualified electors of. the city <br /> and Ordinances No. 4192 and No. for the purpose of <br /> providing funds necessary to pay the cost of improving a <br /> substantial number of arterial and main streets throughout <br /> the city , all as provided in said Ordinance No. 4192. <br /> The City of Everett has irrevocably covenanted by <br /> said Ordinance No. , that it will levy taxes annually <br /> upon all the taxable property within the city without <br /> -4- <br />