Arizona republican., 1896-05-31
RESOLUTION,


 funding the present average floating or war l rant indebted ness of said city evidenced and represented by it's present outstanding city warrants on April 30, 1896 in the of S39, 800 And whereas. under the provisions of Article 19 of the amended incor poration act of the City of Phoenix, approved March 11th, 1885, the 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, 1S96
 Shall bonds of the City of Phoenix be issued for the following purposes, and upon the fol. lowing conditions, namely.
 First In the sum of s1O,OOO.00 for the pur- pose Of paying the present bonded indebted ness of said city, being Fire Department Bonds, issued on the 30th day of October, 1886, in the principal sum of $10 ,000 60, said bonded indebs edness becoming due and payable 1D said principal sum thereof on the Both day of Octo Der, 1896.
 Second In the sum of s39, 800 % for the pur- pose of taking pand funding the present average out standing floating or warrant in debtedness of said cit! as represented by its outstanding city warrants in the aggregate sum of s39 ,00 on April 30th. 1Ss6
 All of said Bonds hereinbefore named to be issued in the principal sums of H0.O00 co and $39, 300 % aLd in the denominations of $500 each each issue to be numbered from one upward 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,OOO bonds fifteen years and the said s39 800 00 in thirty years from the date O! their issuance in United States Gold Coin: to bear date of their issuance; to bear in 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 the said $l0.00000 Fire Department Refunding Bonds may be re deemed by the Common Council of said city 10 exceed $2,C0O per annum and said bonds to be redeemed numerically from number one up- wards; and that the said s39,5O0 % 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 S3,950 per annum and said bonds to be redeemed num- 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 Tressur of 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 bopd so as to readily permit the remov al of such coupons without mutilating the bond.
 Such bonds shall be sold by the Common Coua- cl of the City of Phoenix in such manner as they may deem most beneficial to the inte est of said city fin realizing the greatest price therefor either at public or private sale and with or without notice.
 not sell or dispose of said bonds, any of them, for less sum than 100 cents on the dollar of the face value thereof. The place of payment 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 l and is hereby designated and set apart as the | day upon which the question of the issuance of i the bonds herein before specified shall be voted hyvf fhn Ia nf nix.
 | And it is further resolved that notice of such election be signed by the Mayor or acting May or and City Recorder of said City of Phoenix m their official capacity specifying the time and place in the several wards ofsaid city of hold ing said election and setting forth this resolu tion in order, to explain the purpose be issued and the terms and conditions upon which the same shall be is sued. Said notice to be published in ''rhe | 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 | shall be held on Tuesday, the 2nd day of June, 1896, between the hours of A. 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 |
 The legal voters of said City of Phoenix at l said election shall vote by ballot, upon which ballot shall be printed the following words:
 ''For issuing City Bonds of the City of Phoe- the purpose of paying present bonded indebt- ness of said city. Being Fire Department Bonds, issued October 3Oth. 1886 and due octo- Der 30th, 1896. ."''Yes' or ''No."
 "For issuing City Bonds of the City of Phoe- nix, Arizona, in the sum of s39 ZOO for the pur- pose of taking up and funding the present average outstanding floating, or warrant in debtedress of said city as represented by it's outstanding city wsrrants, in the aggregate sum of s39, .0O, on April 5Oth, 1s96." "Yes," |" or ''No"
 The election shall be conducted in the usual manner prescribed by law and the votes shall be counted. canvassed and returned to the Common Council of the City of Phoenix in the same manner as votes are canyassed, counted and returned at general City elections. Thereby certify that the above II and foregoing resolution was (l passed and adopted by the }SEAL} Common Council of the City (~) of Phoenix, A. T., at their meeting held April 30, 1896.
 T. A. JOBS, City Recorder.
 The Common Council Of the City of Phoenix !, do hereby designate the following polling places and appoint the following election officers for said special City election June 2 1896:
 First ward-Polling place, Gardiner block; inspector, John T. Dennis judges, c. J. Dyer
 Republican: 8. D. Lount, Democrat; ballot clerks, Phil Wharton, Republican; c. A. Luke, Democrat: poll clerks, Mark Heissman, Repub-
 lican: Frank Meador, Democrat.
 Second ward-Po bling place, Gooding block,
 w. corner Adams and Center streets: in-
 spector, F. w Sheridan; Judges, I. N. Bell, Re-
 publican John Fl. Burger. Democrat; ballot clerks, Herbert Goodman, Republican,; Frank Fuqua, Democrat; poll clerks. c. Eschman, Re publican; Homer McNeil, Democrat. Third ward-Polling place, office of Justice 2 Johnstone. Wall street; inspector, s. N. Phil I lips; judges, Jas. D. Monihon, Republican; A
 w. Hoffm an. Democrat; ballot clerks, Harry 9 Kyle, Republican; E. M. Doris, Democrat