Laserfiche WebLink
156 <br /> V .((CCoontieted1931. <br /> of such interest collected by it. If any of the eaid Donde.hall be rim <br /> deemed within one year from the hate hereof and before the game shall <br /> have been purchased by Everett said bank will pay to Everett such part <br /> of the redemption price as ehall exceed the par value of the bond.re- <br /> deemed. Then connoted thesaid bank shall retain for its ownuee all <br /> of the Inierest'upoe all of said bonds whin has accrued to the date <br /> hereof but ae to interest accruing from the date hereof until one year IDA <br /> from the date hereof upon boons which shall not have been redeemed or <br /> Sold to others than Everett the said beak shall retain for Sts on <br /> an Dunt which would be the equivalent of interest calculated fromthe <br /> datehereof to the expiration of maid year at the rate of four per cent <br /> (4R)per annum,and shall pay to Everett the interest collected in ex- <br /> cess <br /> of that mount.and as to interest acruing from the date hereof oh <br /> onds which all have beerrsold to others than'Everette upon bonds <br /> wMall <br /> hich shall have been redeemed said bank shall retain for rte o <br /> amount which would be the equivalent of interest ealovlathe tine rate <br /> ooff four per cent(4%)per.num from the data hereof to the rime of such <br /> Bale or redemption as the case may be,awl mall pay to Everett the <br /> amount collected in excess of that mount. <br /> "This option mall not apply to bonds that shall be redeemed or to <br /> bonds which shell be cold within id year by sold bank to others than <br /> Evesa <br /> Everett. In v shall Everett De entitled to receive anything from <br /> said bank on accountoflntere.t morning after one year fromthe date <br /> ilk <br /> hereof on suchof sold bonds es the bank shall eot within said time sell <br /> to others than Everett,or after the date of sale of such of said bonds <br /> e ehall be sold to others than Everett within sold yeas,or after the <br /> date of redemption of such of said bonds as shall be redeemed within one <br /> year from the date hereof. <br /> DAM this let day of July.1931. <br /> FIRST NATI0e41 RAIN OP 0*01STT <br /> (Seal) <br /> Vine Pxeel6ent <br /> AtS net: Cashier. <br /> ',rite foregoing Bete forth the agreement between Everett,a thanicdpal <br /> Corporation.and yiret National Bank of Everett in relation to the sale <br /> by Everett to said Hank of the Donde therein referred to.and of the op <br /> elan granted by sold bate to 'eaTehsae sold d1'and Everett=''- <br /> SedeeaHundrede8lnetyr0ollarle and krifteeneCeuta d(3314.790.18 Inpayment <br /> for said Donde. <br /> DATED This let day of July.1931. <br /> EVERETT. <br /> A Yuo0ofpal Corporation. <br /> By <br /> Comiesioner of Pince <br /> Commissioner of Safety. <br /> (Seal) Commismoner of Public Works. <br /> Attest. City Clerk. <br /> DESCRIPTION Cr BONDS AMR=TO ID TSE 809130ING AGRE/Ell. <br /> J .tmc�unt IlaturiLZ <br /> City tofo Seattle Cedar River IS nor eberly Ronde <br /> N4%oe. <br /> In374-37 covpona due May&november 15th <br /> Eos.3545316 2.000.00 11-15-45 <br /> 1299/1305)1300/1320 20.100.00 11-15-45 <br /> Aocr <br /> _Seattle benal OmOrovemeotut <br /> Boeda4%st 112.N <br /> 4 <br /> bene <br /> mal <br /> coupons due March k Sept.ret <br /> Nos.102/116 14.000.00 3-1-37 <br /> Merited Interest 210.00 <br />