Arizona republican., 1902-03-06

mouth Ol the Verde river, thence m southerly direction to the headgates of the Arizona canal. thence in a general westerly direction along the north line or the right of way of the Arizona canal to the end thereof at or near, the quarter G4) corner between sec tons five (5) and six GO, twp. three (3) north, range one CD east, thence west to the left bank of the Agua F'ria river, thence in a southerly direction along the left bank of the Agua Fria river to lhe Gila river. thence in an easterly direction along the left bank of the tiila river to the mouth of Salt river. thence easterly along the left bank of Salt river to the east line of the Gila river Indian reservation in section thirty-five t35), twp. one CD north, range one CD east, thence in a south erly direction along the east line of the said Gila river Indian reservation to the township line between townships one CD and two @ south, thence fol- lowing the boundary of the said Gila river Indian reservation east along the said township line to the range line between ranges four (D and five (5) east, thence south between ranges four (4 and five (5) east, thence east be- tween townships two @ and three (3 south, to the section corner common to sections thirty-one (3D and thirty-two (S2). twp. two @ south. range six (6) east, and sections five (5) and six (6) twp. three (3) south, range six (6) east, thence north along the section line to the corner common to sections five (o) and six (6), twp. two CD south, range six (6) east. and sections thirty-one (3D and thirty-two (32). twp. one CD south, range six (6) east, thence east to the east bank of the Highland canal, thence in a generally northern direc- ton along the east bank of said High land canal to the left bank of Salt river. thence in generally northern direction along the left bank of Salt river to a point opposite the mouth of the Verde river and thence across Salt river to the place of beginning.
 Beginning ten 00) years after such bonds shall have been issued should there not be sufficient money remain ing in the bond redemption fund in any year to pay two and one-half per cent (2h per cenD of the total amount of said bonds issued and disposed of un- der the provisions of this act, such ad ditional amount shall be levied upon the property within said district by
 
 will. in addition to the amount remain
 ing in the bond redemption fund, pay two and one-half per cent (215 per cenO of the total amount of bonds is sued and disposed of under the provis- ions of this act are paid and cancelled. In the event that sufficient money shall not be collected from such additional levies, as above provided, in any year to pay the interest OH said bonds and the two and one-half per cent (21a per cenO of the principal of said bonds above provided. the county treasurer shall pay the deficiency of said princi
 pal and interest on said bonds out of the general fund of said county and such deficiency so paid by the county out Of the general fund shall be added to the special tax to be levied the sue ceeding year on the property in said district and collected as such special tax is collected, and the general fund thereupon reimbursed. All money col lected in said county for the payment of the principal of said bonds. together with the money remaining in the in terest fund. after the interest for the current year has been paid, shall be paid into a bond redemption fund by the county treasurer, and whenever Ten Thousand dollars ($10,00000) has accumulated in said bond redemption fund, he shall use the same to purchase outstanding bonds of the county, is- sued under the provisions of this act, and cancel the same as other indebted ness of the county is cancelled, until such time as said bonds may be called for redemption. Provided, 1t shall be the duty of the county treasurer to first advertise for, at least, fifteen Q5) days in three (3) newspapers of general circulation, one CD in the city of New York, state of New York, one CD in the city of Chicago. state of Illinois, and one CD in the city of San Francisco, state of California, and in one CD daily newspaper in Maricopa county, Ari
 zona, to be designated by the board of supervisors of Marioopa county. that he has on hands Ten Thousand dol
 jars (Sf0,0000 00) for the purpose Of pur- chasing said water storage bonds of Maricopa county, and asking for offer ings of said bonds, provided that said treasurer shall reserve the right to re-
 iect any and all bids. and if unable to purchase said bonds It prices satis- factory to the board of water storage commissioners, said county treasurer shall invest such surplus funds in bonds of the United States of America. or bonds of the territory of Arizona until such time as he shall be able to purchase said outstanding water storage bonds at a satisfactory figure. HAVING A RJTN ON CHAAIRER-