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1 <br /> ments, with interest thereon at the rate of seven (7) per cent. per- <br /> annum, under the mode of payment by bonds, as provided by law and the <br /> ordinances of said city. Bonds bearing interest at the rate of seven <br /> (7) per cent per annum, payable on or before twelve years from date <br /> of issue shall be issued in payment of the cost and expense of such <br /> improvement, or the City of -verett may at its election, sell said <br /> bonds and make payment in cash in the manner provided by the ordin- <br /> ance of said city. <br /> Ma o r. <br /> Passed: June 16, 1925 <br /> Atte • <br /> i y Clerk. <br /> Published: June 18, 1925 <br />