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HomeMy WebLinkAbout0407 Ordinance No, 407. ~ ~ 0~INANCE relating to the mariner of and the terms for the payment of liqour licenses in the City of Bremerton, for the year 1912. The City Council o~e City of Bremerton do or~&~, as. iollows: Sec. 1. That all~iqo~r licenses authorized and granted by the City of Bremerton, during thwartly, may be paid by the parties ~btaining such liqour license under the ~l$~.~Ue~s and conditions: Cash, s~~un:~eVg00)~ dollars and the balance to be ~aid tn slx {6) monthly instal~l~ent~/of/th~ee hundred ~300)dollars each. ~or:all said monthly ins~allme~t~/~itnsee to give his~promissory note bearing interest fro~ thel\\ //_/_ date of i~hanc~ of/his license until Daid at the rate of seven ~7) per cent per annlk~ ~ Sec. 2. All such notes shall c~ntain a proviso that in the event of the failure of ~e said payor to promtly pay any one of said notes and the interest thereon at maturity, that in such event, all of the ~paid notea of the same series shall be due and p~yable at once and that the license granted and the bal- ance of the payment, for which the said notes where executed, shall thereby become forfieted and ~old. Sec, 5. This ordinance shall be in full force and effect from five days after its passage, approval and publication. Passed by the ~ity Council and approved by~this~Oth~day of ~ebruary,1912. Attest: - ~iled with me this 10th day of ~ebruary, 1912. ~ 0itY-~lerk,