Arizona republican., 1896-05-02
Notice of Special Election.
COUNCIL CHAMBER, CITY HALL. {,

COUNCIL CHI iNBER, CITY HALL, [.
 PHOENIX, ARIZONA. APRIL 2S, lS96
 Notice is ereby given that special election by the t gal voters of the City of Phoenix, A. T., has been called hv the common council ot the city of Ph9nsx and will be held the va Ilous wards of said city on the 2nd day of June 1876, between the 'urs of 8. m. ana 5 ?. m. of said day, as follows:
 For the electio.. of one mayor of said city to fill unexpired term of R. L. Rosson, resigned, ard of one councilman in the Second ward thereof to fl l the unexpired tenn Of B. Allyn Lewis, resigned.
 Also to vote upon the pro position of issuing Sl0 GOO in the bonds of said city to pay the present bonded indebtedness the. eof repre- sented by Fire Department bonds for $f0.000 issued October 30, 1886, and maturing October ] 30. 1896.
 i Also to vote upon the proposition to take up and fund the average floating O. warrant in | debtedness of said city outstanding April 30, 1896. amounting to s39. 800 .00, by the issuance of s39 5 00 in the bonds of said city; the terms and conditions dit of which said bonds for slo,ooo, and for s99 300 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:
 RESOLUTION. Concerning the issuing of Bonds of the City of Phoenix.
 Good cause appearing, it is deemed advisable 1 by the Common Council of the City of Phoenix 1 to issue bOn0s of said city for the following purposes, tOwit:
 First-For the purpose of paying the present 1 bonded indebtedness of said City (eeing Fire D Der artment bonds for sl0.OOO) issued on the ! 30th day of October, 1896, and to become due n the principal sum of said bonds in the sum 1 1 ten thousand dollars, October 3oth, 1896. l Second-For the purpose of taking up and rant indebted ness of said city evidenced and l represented by it's present outstanding city warrants on April f0 1896 in ,be sum of $39 300.
 And whereas. under the provisions Of Art ,cle nf 91adI nf of Pboerix, approved \ arch 11th, 1885, the ] Common Council of said City is required to first submit the question of the ,ssuance of said bonds to the legal voters of said city to be 1 by them vote q 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 he by June, 1896:
 "sball bonds of the City of Phoenix be issued for the following purposes, and upon the tol lowing conditions, nam ly:
 First. In the sum of $l0,l0000 for the pur- pose Of paying the present bonded indebted ness of said city. b ing Fire Department Bonds principal sum of S10o0) co, said bonded indebs edness becoming due ard payable in said piinclpal sum thereof on the 30th day Of Octo- Der, 1S96
 Second In the sum of $39 50O. co for the pur- pose of taking up and funding the present average out stardins floating or warrant in debtedness of said cit, as represented by its 1 outstanding city warrants in the aggregate sum of S39. 800 % on Aptii ;50th, 1896.
 | All of said Bonds hereinbefore named to be issued in the principal sun of sl0.G00 co and S39 500 % at in the denominations of $500 each each issue to be numbered from one upward and to be known Fire Department Refund ing Bonds and City Warrants Funding Bonds The prinfipal sum of said bonds to be payab be the said $l0000 bonds ln fifteen years and the said s39 800 00 in thirty years from the date O. their issuance in United States Gold Coin tc bear ther issuance; to bear interest in like U. S Gold Coin from the date of their issuance: said icterest payable semi annually at the rate o1 five per cent per annum from date of their issu anee, and until paid: to be mum bered from up wards; to be Conditioned that he said sl0.0000( Fire Department Refunding Bonds may be re. deemed by the Con mon Council of said city at a y time after ten (l0) years in any sum not to exceed $2,t00 per aDnum and said bond- to be redeemed numerically from number one up- wards; and that the said $39,50 Ol city warrant l funding bonds may be redeemed by the Com mon Council of s id city at any time afte twenty years In any sum not to ceed s. .95C per aunum and bonds to be redeemed mum erically from number one upwards; to be signed by the May or 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 oi said city. and indorsed by him in his official capacity; to have coupons attached thereto fol