Arizona republican., 1896-05-12

Department bonds for Sl0.000) issued on the 3oth day of October, 1886, and to become due in the principal sum of said bonds in the sum of. ten thousand dollars, October 3jth, 1896. Seeond-For the purpose of taking up and funding the present. average floating or wat rant indebted ness of said city evidenced and represented by it's present outstanding city warrants on April go, 1896 ill the sum of $39 300 And whereas. under the provisions of Article 19 of the amended incor poratlon act of the City of Phoenix, approved March llth. 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 1t RESOLVED, by the Common Council of the City of Phoenix that the following proposition be, aud 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:
 "sball bonds of the City of Phoenix be issued for the following purposes, and upon the 1ol lowing conditions, namt Iy
 First In the sum of Sl0,O0O.0O 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 SIG, ,000 co, said bonded indeb5 edness becoming due and payable in said principal sum thereof on the 90th day of Octo- Der. 1896.
 Second In the sum of s39 300 % for the pur- pose of taking up and funding the present debtedness of said cit, as represented by It's outstanding city warrants in the aggregate sum of S39 ,5OO ,UO pr1l 0Utl, JS9b.
 All of said Bonds hereinbefore named to be issued in the principal sums of s10.000. CD and $39, 300 00 arc in the denominations of $500 each: each issue to be numbered from one upward and to be knownsas Fire Department Refund ing Bonds and City Warrant Funding Bonds The principal sum of said bonds to be payable the said sl0,0O0 bonds 1n fifteen yeers and the said $39 800 00 in thirty years from the date oi their issuance in United States Gold Coin: to bear date of their issuance; to bear in terest in like U. s. Gold Coin from the date of their issuance; said lD. 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 $l0.0O0.0O Fire Department Refunding Bonds may be re- deemed by the Common Council of said city at a,-y time after ten (I0) years in any sum not 10 exceed $2C00 per annum and said bonds to be redeemed numerically from mum Der one up. wards; and that the said $39,500 % city warrant funding bonds may be redeemed by the Com mon Council of s,id city at any time after twenty years in any sum not to exceed $395O 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 Treasurer ot 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
  al of such coupons without mutilating the bond. Such bonds shall be sold by the Common Coun- cl of the City of Phoenix in such manner as they may deem most beneficial to the lnte est ot said city in realizing the greatest price therefor either at public or priva.e sale and with or without nOtice.
 Proyided-that said Common Council shall not sell or dispose of said bonds, or any of them, for less sum than 100 ants on the dollar of the face value the eof. The place of paymento 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 herein before specified shall be voted | upon by the legal voters of said City Of Phoe- nix.
 And it 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 | ln their official capacity specifying the time and place in the several wards osaid city of hold ing said election and setting forth this resOlu- tion in order to explain the purpose for which said bonds are proposed to | upon which the same shall De is- sued. Said notice to be published in 1.-The Arizona Republican and "Phoenix EveniI g Herald" two newspapers printed and published ] in the City of Phoenix A., T. for the soaceof | thirty day, prior to Tuesday the 2nd day of June, 1896.
 And be it further resolved that said election l shall be held on Tuesday, the 2nd day of June, P. M of said day at the several wards desig- mated in the charter of said City, at places l Council, and conducted by election officers 1 consisting of Inspectors. Judges and Clerks to l 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 sl0,ooO0O, for the paying bonded nde6t | Bonds, issued October 30th. 1886. and due Octo- Der 3Oth, 1896. ""Yes" or "No.''
 | "Fof 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 represented by its outstanding city warrants. in the aggregate sum of s39, 5OO00, on April S0th, 1s96." "Yes," | or s'No"-
 1 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.
 hereby certify that the above and foregoing resolution was () passed and adopted by the }SEAL} Common Council of the City
 t>~> of Phoenix, A. T., at their
 meeting held April 90, 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 1896:
 First ward-Polling place, Gardiner block; inspector, John T. Dennis; judges, c. J. Dyer
 Republican; s. D. Lount; Democrat; ballot | clerks. Phil Wharton, Republican; c. A. Luke, Democrat; poll clerks, Mark Heissman, Repub-
 lican: Frank Meador, Democrat.
 second ward-P 'lling place, Gooding block, N. w. corner Adams and Center streets: in | SDGCtOr, F. w. Sharldan. Jn1paS I N a