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<br />e <br /> <br />e <br /> <br />suitable and necessary approaches thereto, as provided in Resolution <br />No. 0-128 of the Board of Oounty Oommissioners passed October 6, 1950, <br />and as approved by the qualified electors of the Oounty at a special <br />election held therein on November 7, 1950, the Oounty shall issue and <br />sell its general obligation bonds in the principal sum of $150,000. <br />Said bonds shall be dated April 15, 1951, shall be in denominations <br />of $1,000 each, shall be numbered from 1 to 150 inclusive, shall bear <br />interest at a rate of not to exceed 6% per annum payable semiannually <br />on the fifteenth days of April and October of each year, shall be <br />payable both principal and interest in lawful money of the United <br />States of America at the office of the Jefferson County Treasurer in <br /> <br />Port Townsend, Washington, and shall mature in order of their number <br />as follows: <br /> April 15, 1954 . 9,000 April 15, 1960 $11,000 <br /> April 15, 195 9,000 April 15, 1961 11,000 <br /> April 15, 1955 10,000 April 15, 1962 11,000 <br /> April 15, 1956 10,000 April 15, 1963 12,000 <br /> April 15, 1957 10,000 April 15, 1964 12,000 <br /> April 15, 1958 10,000 April 15, 1965 12,000 <br /> April 15, 1959 11,000 April 15, 1966 12,000 <br /> The County hereby reserves the right to redeem any or all of the <br />outstanding bonds of said issue at par in inverse numerical order on <br />any interest payment date on and after five years from date of issue <br /> <br />by giving notice of such intended redemption by one publication thereof <br />in the official county newspaper not more than forty nor less than <br />thirty days prior to said redemption date. Interest on any bond or <br />bonds so called for redemption shall cease on such redemption date. <br /> <br />Section Z. Said bonds shall be known as "Jefferson County <br />General Obligation Bridge Bonds, 1951", and Shall be in substantially <br />the following form: <br /> <br />~ <br /> <br />2. <br /> <br />". <br />