OCR Text |
Show of $80. each, payable ten (10) years after date; 375 bonds for the sum of $320 each, payable ten (10) years after date; 175 bonds for the sum of $1000. each, payable twenty (20) years after date; 175 bonds for the sum of $1000. each, payable thirty (30) years after date; that the interest on all of said bonds be at the rate of five (5%) per cent, per annum; that the interest on all of said bonds, the amount of which is less than $1000. be payable annually; that the interest on all of said bonds of the denomination of $1000. be payable semi-annually, and that both principal and interest of said bonds be payable only in gold coin of the United States of or equal to the present standard weight and fineness; that all of said bonds be dated the first day of July, 1900; that all of said bonds except for the variations necessary to express the numbers, denominations, dates of maturity and dates of the payment of interest, shall be in the following form, which said form is hereby fixed and determined upon to be the form of bonds of this corporation, namely: "United States of America, State of California. Bond No............. $320. $320. Bond of The California Development Company. First Mortgage 5% gold bond. Total issue $500,000.00 For value received, the California Development Company, a corporation organized and existing under and by virtue of the laws of the State of New Jersey, and having its principal place of business in the City of Los Angeles, State of California, promises to pay to the bearer, or if registered to the registered owner hereof, at the Los |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |