Arizona republican., 1896-05-17

y,
 For the election of one mayor of said city to | fill unexpired term of R. L. Rosson, resigned,
 and of one counci man in the Second ward ! thereof to fiji the unexrired term Ot s. Allyn Lewis, resien ned.
 | Also to vote upon the pro position of issuing
 s1O GOO in the bonds of said city to pay the present bonded indebtedness the! eof repre- | sented by Fire Department bonds for $i0,000 1 issued Oc 5ober 30, 1886, and maturing October
 30. 1896.
 Also to vote upon the proposition to take up
 and fund the average floating O.. warrant in
 debtedness of said city outstanding April 30, 1 1896. amounting to s39 5C0. %, by the issuance
 of s395(0 % ill the bonds of sad city: the terms
 and conditions oi which said bonds for sl0,000. 1 and for s39 800 are more fully set forth in the
 resolution of the Common Council of the City 1 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. it 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 paving the present ! bonded indebtedness of said City (Seing Fire Department bonds for sl0.000) Issued on the 30th day of October. 1886, and to become due in l the principal sum of said bonds in the sum of ten thousand dollars, October S3th, 1896. Second-For the purpose of taking up and ! funding the present average floating or wal rant indebted ness Of said city evidenced and represented by its present outstanding city warrants on pril 90. 1896 in the sum of S39, 800 | And whereas, under the provisions ot Article 19 of the amended 1ncor poration act of the City | of Phoenix, approved March l1th. 1885, the 1 Common Council of said City is required to l 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.. 1 RESOLVED, by the Common Council of the | City of Phoenix that the following proposition 1 be, and the same is hereby submitted to the 1 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 i for the following purposes, and upon the tol lowing conditions, namely
 l 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 s10,000 %, said bonded indebt edness becoming due and payable in said principal sum thereof on the 30th day of Octo- Der, 1S96
 Second In the sum of s39.500 % for the pur- pose of taking up and funding the present average out standine floating or war'ants1n- debtedness of said citl as represented by It's outstanding city warrants in the aggregate sum of S39 800 % on April 50th, 1896.
 All of said Bonds here1nbefore named to be issued in the principal sums of slO00O. co and S39 300 DO 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 slo.0Oo bonds Tn fifteen years and the said s39 800 0O in thirty years from the date Oi their issuance in United States Gold Coin: to bear date of thelr 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 mum hered from up, wards; to be conditioned that he said slO0OO.OO Fire Department Refunding Bonds may be re deemed by the Common Council of said city at 8 time after ten (l0) years in any sum not be redeemed numerically from number one up- wards; and that the said s39 800 % 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- erically from number one upwards; to be signed by the Mayor and City Recorder of said city Tn 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 there to for the interest accruing upon each bond. which coupons shall be signed by the Mayor and City Recorder in their official canacity and attached to each bord 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 lnte est )f said city in realizing the greatest price therefor, 
 without notice.
 Provided-that said Common Council shall not sell or dispose of ssid 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 | In their official capacity specifying the time and place in the several wards ofsaid city of old ing said election and setting forth this resoiu- tion in order to explain the purpose for which said bonds are proposed to be issued and the terms and conditions SpSda saed ssd GM notice s to be % published ia The Arizona Republican" and "Phoenlx EveniI g Herald" two newspapers printed and published in the City of Phoenix, A., T. for the spaceof | thirty day. prior to Tuesday the 2nd day of And be it further resolved that said election shall be held on Tuesday, the 2nd day of June, 1896, between the hours of7 M M: and nd, 5 | 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 ssum of slO,0OO.0O, for
 the purpose of paying present bonded indebt
 ness of said city. Being Fire Department
 Bonds, issued October 30th, 1886. and due Octo-
 Der 3Oth, 1896. '"Yes'' or "No.r
 "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 a0of ftyrr In l debtedress of said city as represented by it's 1 outstanding city warrants. in the aggregate
 sum of s39 800 co, on April 30th, 1s96." ''Yes, or "No"
 | The election shall be conducted in the usual manner prescribed by law and the votes shall Il be counted, canvassed and returned to the