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1 such bonds, and annually on or before the first day of January, begi <br /> 2 ning January 1, 1931, and to and including January 1 , 1935, the add- <br /> 3 itional sun of One Hundred Thousand Dollars for the payment of the <br /> 4 principal o f such bonds, and annually on or before the first day of <br /> 5 January, beginning January 1, 1936, and to and including January 1, <br /> 6 1940 , the additional sum of One Hundred and Fifty Thousand Dollars <br /> 7 for the payment of the principal of such bonds, and on or before the <br /> 8 first day of January, 1941, the additional sum of Five Hundred <br /> 9 Thousand Dollars for the p ayment of the principal of such bonds, at <br /> 10 <br /> such times as hereinbefore specified., until all of such bonds, with <br /> 11 interest thereon, shall be fully paid. <br /> 12 Such fund is to be drawn upon for the sole purpose of paying the <br /> 13 principal and interest of such bonds from and after the date of such <br /> 14 bonds and so long as obligations are outstanding against such fund. <br /> 15 The City Treasurer of Everett , shall, semi-annually, one calendar <br /> 16 <br /> month prior to the date upon which any interest , or principal and <br /> 17 interest shall become due, set aside and pay into such fund, from <br /> 18 the gross revenues of the entire electric light , heat , fuel and <br /> 19 power system of the city of Everett , as herein provided, and after <br /> paying the expenses of operation and maintenance of said plant , a <br /> 20 <br /> sum equivalent to the amount of interest and principal so falling <br /> 21 <br /> due on all bonds issued hereunder and then outstanding, and annually <br /> 22 <br /> one eie calendar month prior to the first day of January of each and <br /> 23 <br /> every year, beginning with the year 1926, to and including the year <br /> 24 <br /> 25 1930, the sum of Fifty Thousand Dollars; beginning with the year <br /> 1931 and to and including the year l935, the sum of One Hundred <br /> 26 <br /> 27 Thousand Dollars; beginning with the year 1936, and to and including <br /> the year 1940 , the sum of One Hundred. and Fifty Thousand Dollars and <br /> 28 <br /> 29 the year 1941 , the sum of Five Hundred Thousand Dollars as the <br /> 30 principal of such bonds falls due, and until all such bonds, with <br /> 31 interest thereon shall be fully paid and such fixed amounts out of <br /> -7- <br />