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i <br /> equal annual installments, with interest thereon at the rate of <br /> seven (7) per cent per annum under the mode of payment by bonds, <br /> as provided by law and the Ordinances of said city .Bonds bearing <br /> interest at the rate of seven (7 ) per cent per annum, payable <br /> on or before twelve (12 ) years from date of issue shall be <br /> issued in payment of the cost and expense of such improvement, or <br /> the City of Everett may, at its election sell said bonds end <br /> make payment in cash in the manner provided by the ordinances <br /> of said city. <br /> Ple <br /> `is yo <br /> assed: May 6th, 1924. <br /> Louis Lesh <br /> Attest : <br /> City Cierlc <br /> uulished: Tay 3t1)..s 19u4 <br />