Arizona republican., 1896-05-28

S
 EsR> >SNR>%>@>M<2 30th day of October, 1886, and to become due in the principal sum of said bonds in the sum of ten thousand dollars, October 31th, 1896.
 Second-For th purpose Of taking up and rant indebted ness of said city evidenced and l represented by it's present outstanding city warrants on April 30, 1896 in the sum of S39, 300 l And whereas, under the provisions of Article 1e 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 legal voters of the City of Phoenix, to be by them voted upon on Tuesday, the 2d day of June, 1896:
 "Shan bonds of the City of Phoenix be issued for the following purposes, and upon the tol. | lowing conditions, namely.
 1 First. In the sum of sl0,G00.00 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 $100 000 GO, said bonded indebt edness becoming due and payable in said principal sum thereof on the 3Oth day of Octo- I Der. 1896.
 1 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 1 debtedness of said cit. as represented by It's outstanding city warrants in the aggregate sum of s39. 300 % on April 30th. 1896.
 l All of said Bonds here1nbefore named to be 1 issued in the principal sums Of $l0,OO0 OO and SS9, 800 OO ard in the denominations of $500 each each issue to be numbered from one upward and 10 be known as Fire Department Refund ing Bonds and City Warrant Funding Bonds. | The principal sum of said bonds to be payable ha fiftaRn said s39 800 0O in thirty years from the date oi 1 their issuance in United States Gold Coin: to bear date of their issuance; sto 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 1ssu- ance, and until paid; to be numbered from l up, | wards; to be conditioned that he said $l0.00000 | Fire Department Refunding Bonds may be re- deemed by the Common Council Of said city at any time after ten (lO) years in any sum not be redeemed numerically from number one up- 1 wards; and that the said sS9,500 % city warrant funding bonds may be redeemed by the Con- mon Council of said city at any time after | twenty years in any sum not to exceed $3,95O per annum and said bonds to be redeemed mum. erically from number one upwards; to be 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 of said city, and indorsed by him in his official capacity; to have coupons attached thereto for 1 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. 1 Such bonds shall be sold by the Common Coun- Gil of the City of Phoenix in such manner as they ] may deem most beneficial to the interest of said city in realizing the greatest price therefor, l either at public or private sale and with or without otice.
 Provided-that said Common Council shall not sell or 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 payment of the principal sum of said bor ds and interest there on to be fixed by said Common Council " l That Tuesday the 2nd day of June, 1896, be and IS hereby designated and set apart as the the bonds hereinbefore specified shall be voted upon by the legal voters Of said City of Phoe- | nix.
 1 And it is further resolved thata notice of such election bs signed by the Mayor or acting May or and City Recorder of said City ot Phoenix ID their official capacity specifying the time and place in the several wards ofsaid city of hold | ing said election and setting forth this resOlu-
 in order eId to Sores explain the be issued and the terms and conditions upon which the same shall be is sued. Said notice to be published in "The | Arizona Republican" and "PhoeniX Evenin 2 i Herald" two newspapers printed and published in the City of Phoenix, A., T. for the soaceof 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, l 1896, between the hours of A M. and 5 P. M. of said day at the several wards deslg- 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,ooO.OO, for the purpose of paying present bonded indebt- ness of said city. Being Fire Department Bonds, issued October 30th. 1886. and due Octo- Der 5Oth, 1896. ""Yes' or iNo.'
 l "For issuing City Bonds of the City of Phoe- nix, Arizona, in the sum of s39 300 for the pur- average outstanding floating, or warrant in- debtedress of said city as represented by its outstanding city warrants. in the aggregate sum of sS9, %, 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 l same manner as votes are canvassed, counted and returned at general City elections. thereby certify that the above | and foregoing resolution was | () passed and adopted by the 1 }sEAL} Common Council of the City t~) 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 ?, l 1896:
 First ward-,Polhng place, Gardiner block; | inspector, John T. Dennis; judges c. J. Dyer | ReDublican: s. D. LOunt. Democrat. ballot