Arizona republican., 1896-05-27

thereof to i'll the unexpired term ot B. Allyn | Lewis, resigned.
 Also to vote upon the proposition of issuing
 $10000 in the bonds of said city to pay the | present bonded indebtedness thereof repre- | sented by Fire Department bonds for $10.00O
 issued October 30, 1886, and maturing October
 30, 1896.
 Also to vote upon the rroposition to take up
 and fund the average floating o: warrant in
 Gf saa ciey 6n 6 h1 Ap @
 of s9 800 % in the bonds of said city; the terms
 and conditions of which said bonds for s10,000,
 and for s39 800 are more fully set forth in the | resolution of the Common Council of the City
 of Phoenix. A. T., passed April 30, 1896, and
 herewith published at length as part of this
 notice
 Concerning the issuing of Bonds of the City | of Phoenix.
 Good cause appearing, 1t is deemed advisable
 by the Common Council of the City of Phoenix
 to issue bonds of said city for the following purposes, towit:
 First-For the purpose of paying the present | bonded indebtedness of said City (being Fire
 Department bonds for slo.Ooo). issued on the
 the principal sum of said bonds in the sum of ten thousand dollars, October 33th, 1896. | Second-For tn purpose Of taking up and l funding the present average floating or war
 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 $39 800. l And whereas. under the provisions of Article l9 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 1 by them voted upon. Therefore be it l 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 l them voted upon on Tuesday, the 2d day of | June, 1896:
 "shali bonds of the City of Phoenix be issued | for the following purposes, and upon the fol. lowing conditions, namely.
 | First. In the sum of slO,oOO.Oo 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 S10 900. co, said bonded indebt edness becoming due and payable in said principal sum thereof on the 30th day of Octo- Der, 1896.
 Second In the sum of $39. 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 its outstanding city warrants in the aggregate sum of s59. .500I DO on April 30th, 1896.
 All of said Bonds here1nbefore named to be issued in the principal sums of $10,000. % and s39, 800 OO aI in the denominations of $500 each and to be known as Fire Department Refund ing Bonds and City Warrant Funding Bonds.
 the said sl0OOo bonds ln fifteen years and the said s39 300 0O in thirty years from the date Of
 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 he said $l0.000O0 Fire Department Refunding Bonds may be re deemed by the Common Council of said city l at gay time after ten (l0) years in any sum not to exceed g, coo per annum and said bonds to ha m. wards; and that the said $39 300 % 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 ex ceed s, ,95O per annum and said bonds to be redeemed num- erically from number one upwards; to be signed by the Mayor and City Recorder of said 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 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 so 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 est of said city in realizing the greatest price therefor either at public or private sale and with or without n 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 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.
 election be signed by the Mayor or acting May or and City Recorder of said City of Phoenix III 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 puypose for which said bonds are proposed to be issued and the terms and conditions sued. sued Said notice to be S published in 'rhe Arizona Republican" and ''Phoenix Evening 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 off 4. 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,O0O.OO, for the purpose of paying present bonded indebt- ness of said city: (Being Fire Department
 Bonds, issued October 30th, 18S6 and due Octo- Der 30th, 1S96 ""Yes'' or ''No." "For issuing City Bonds of the City of Phoe- nix, Arizona, in the sum of s39 800 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 warrants, in the aggregate sum of sS9 ,500.0O, on April 30th, 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 votes are canvassed, counted | and returned at general City elections. hereby certify that the ahove