Arizona republican., 1896-06-02

he principal sum of said bonds in the sum of

the principal sum of said bonds in the sum of
 ten thousand dollars, October 31th, 1896.
 Second-For tn purpose of taking up and funding the present average floating or war
 rant indebted ness of said city evidenced and represented by its present outstanding city
 warrants on April 90, 1896 in the sum of $39 300 | And whereas. under the provisions of Article
 i9 of the amended incor poration act of the City
 of Phoenix, approved March 11th, 1885, the 1 Common Council of said City is required to
 first submit the question of the issuance of
 said bonds to the legal voters of said city to be
 by them voted upon. Therefore be it
 | RESOLVED, by the Common Council of the
 City of Phoenix that the following proposition
 be, and the same is hereby submitted to the
 legal voters of the City of Phoenix, to be by
 them voted upon on Tuesday, the 2d day of
 June, 1896:
 Shall bonds of the City of Phoenix be issued
 for the following purposes, and upon the tol.
 lowing conditions, namely.
 First. In the sum of s1O,C00.00 for the pur-
 pose of paying the present bonded indebted ness of said city, being Fire Department Bonds,
 issued on the 3Oth day of October, 1886, in the
 principal sum of $lO 900 co, said bonded indebt. edness becoming due and payable in said principal sum thereof on the 3Oth day Of Octo-
 Der. 1896.
 Second In the sum of s39, 800 % for the pur-
 pose of taking up and funding the present
 average out standing floating or warrant in
 debtedness of said cit! as represented by It's outstanding city warrants 1n the aggregate sum | of s39. .500,00 on April 50th. 1896.
 All of said Bonds here1nbefore named to be
 issued in the principal sums Of $10,OO0 0O and
 $39, 800 % al in the denominations of $500 each
 each issue to be numbered from one upward 1 and to be known as Fire Department Refund
 ing Bonds and City Warrant Funding Bonds.
 The principal sum of said bonds to be payable
 the said sl0.00O bonds III fifteen years and the
 said s39 Oo.0O in thirty years from the date oi | bear date of their issuance; to bear in | terest in like U. s. Gold Coin from the date of their issuance; said in | terest payable semi annually at the rate of five per cent per annum from date of their issu- | ance, and until paid; to be numbered from up wards; to be conditioned that he said Sl0.OOO.OO | Fire Department Refunding Bonds may be re- 1 deemed by the Common Council of said city at any time after ten Q0) years in any sum not 1 to exceed $2,U0O per annum and said bonds to be redeemed numerically from number one up- l wards; and that the said 39.500 % city warrant funding bonds may be redeemed by the Com
 mon Council of Said city at any time after twenty years in any sum not to exceed $395O per annum and said bonds to be redeemed num- erically from number one upwards; to pc
 signed by the Mayor and City Recorder of said city in their official capacity; to have the seal of the City of Phoenix affixed to each bond; to be drawn to the order of the City Treasurer T. of G said city, and indorsed by him in his official capacity; to have coupons attached thereto for the interest accruing upon each bond, which coupons shall be signed by the Mayor and City Recorder in their official capacity and attached to each bond 80 as to readily permit the remov- al of such coupons without mutilating the bond. Such bonds shall be sold by the Common COun- cil of the City of Phoenix in such manner as they may deem most beneficial to the inte Fest 'f said city in realizing the greatest price therefor either at public or private sale and with or without notice. Provided-that said Common Council shall not sell dispose of said bonds, or any of them, for less sum than 100 cents on the dollar of the face value thereof. The place of pay yment of the principal sum of said bonds and interest there on to be fixed by said Common Council
 That Tuesday the 2nd day of June. 1896, be and is hereby designated and set apart as the day upon which the question of the issuance of the bonds hereinbefore specified shall be voted upon by the legal voters of said City of Phoe- nix
 Andi is further resolved thata notice of such election be signed by the Mayor or acting May or and. City Recorder of said City of Phoenix Tn their official capacity specifying the time and place in the several ards ofsaid city of hold ing said election and setting forth this resolu-
 tion in order to explain the purpose
 be issued and the terms ard conditions upon which the same shall be is- sued. Said notice to be published in "The
 Arizona Republican" and "Phoenix Evenil z Herald, <" two newspapers printed and published in the City of Phoenix. A., T. for the spaceOf thirty days prior to Tuesday the 2nd day of June, 1896.
 And be it further resolved that said election small De nelu OH ueSudy, lue Zuu udy OI June, 1896, between the hours of7 M. and 5 P. M. of said day at the several wards desig- mated in the charter Of said City, at places in said Wards to be fixed by said Common Council, and conducted by election officers consisting of Inspectors, Judges. and Clerks to
 be appointed by the Common Council. The legal voters of said City of Phoenix at | said election shall vote by ballot, upon which
 ballot shall be printed the following words: "For issuing City Bonds of the City of Phoe-
 nix, Arizona, in the sum of slO,0OO.0O, for the purpose of paying present bonded indeht-
 ness of said city. Being Fire Department Bonds, issued October S0th 1886. and due Octo- Der 3Oth 1896 .""Yes" or "No."
 "For issuing City Bonds of the City of Phoe-
 nix, Arizona, in the sum of s39,s zoo for the pur
 pose of taking up and funding the present average outstanding floating, or warrant in debtedress of said city represented by it's outstanding city warrants In the aggregate sum of s39, ,500.00, on April S0th, lS96." "Yes," l or ''No"
 l The election shall be conducted in the usual ! manner prescribed by law and the votes shall l be counted, canvassed and returned to the | Common Council of the City of Phoenix in the ! same manner as votes are canvassed, counted
 and returned at general City elections. hereby certify that the above | and foregoing resolution was 1 (~) passed and adopted by the | }SEAL} Common Council of the City | tO>) of Phoenix, A. T., at their meeting held April 30, 1885, T. A. JOBS, | City Recorder ] The Common Council of the City of Phoenix
 do hereby designate the following rolling
 places and appoint the following election
 officers for said special City election Jure ?