Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1902-08-21

to issue bonds and borrow money there
on to be used for such purposes: and,
Whereas. a census Of The incorporated
Town Of Vinita has been taken by w. @.
chamberlin, suitable person duly ap
pointed for that purpose on The 18th day
Of June 1902 by the Honorable Joseph A.
Gill, Judge Of the United States court in
and for the northern district Of the In
dian territory, whose sworn return to
said judge shows the number Of inhabi-
tants Of the incorporated Town Of Viniss
to be two thousand, seven hundred and
ten; and,
Whereas, the total valuation Of the
taxable property in the incorporated
town Of Vinita as shown by the asses
ment for the year 1902 for the purpose Of
taxation Is one million eighty thousand
dollars; and,
Whereas, Twelve Thousand Dollars
will be ample and suficientfor the build
ing Of school houses in the incorporated
town Of Vinita; and,
Whereas, the interest on Twelve Thou
sand Dollars at five per centum per an
mum could and would be more than IL
quidated by a tax Of FIVE mills upon the
dollar Of the valuation Of taxable proper
ty in the incorporated town OF Vinita as
Aforesaid; and,
Whereas, the said incorporated town
Of Vinita Is free from any debt obliga-
ton or liability Of any kind whatsoever,
BE IT RESOLVED, by the
Council Of the incorporated town Of vi
nita that for the purpose Of building
school houses within aud for the incor-
porated town Of Viniia, the sum Of
Twelve Thousand Dollars should be ex-
pended aud In order TO procure said sum
It Is necessary that the incorporated
town Of Vinita issue bonds for that pur-
pose; therefore,
he Il Further Resolved, by the council
Of the incorporated town Of Vinita, that
under and In accordance with the Act Of
Congress above referred to, the following
proposition be submitted to the legal
voters Of the incorporated town OF Vini-
Ia TO be by them voted upon, on the
twenty-fifth day Of August 1902: TO wit:
"Shall bonds Of the incorporated town
Of Vinita be issued to be used for the
purpose Of building school houses with
IN, and for the use Of the inhabitants Of,
the incorporated town Of Vinita; said
bonds to be ISSUED in the principal sum
Of twelve thousand dollars in denomina-
tons TO suit purchaser and 10 be num-
bered from one upward, and to be known
as the Public School Building Bonds OF
the incorporated town Of Vinita.
The principal sum Of said bonds 10 bs
paid ip twenty years from the date ol
issue, In lawful money Of the United
States, and from the date Of their issu
auee to bear interest in ike Lawful
money Of the United States, said interes
payable semi annually at the rate Of =
per centum per annum according 10 thi
bid which shall be accepted by the coun
ell of the incorporated town Of Vinita
not TO exceed five per centum per annum
and the advertisement for bids for sal,
bonds shall state that bidders are request
ed to make proposals for four, four an'
one-haif, and FIVE per cent bonds, prefer
, ence being given to the offer bearing tn
lowest rate Of interest against the pre-
} MUM offered for bohds having a highe
4 rate Of interest; said bonds to be Ggnei
: by the Mayor and countersigned by th
I, Treasurer Of this municipality, in thei
official capacity, and under seal Of tn
town; 10 have coupons attached theret
z for interest accrning upon each bond an
I each coupon shall be signed by this Mayo
y and countersigued by the 9reesurer
their official capasity and attached to eac
= bond as to readily permit the removal {
said coupons without mutilating III
hand.
Said bonds shall be sold by III
council Of the incorporated town Of V
nita by an advertisement for sealed bi,
at such time and in such manner as Il
u said council may deem to be to the be
interest Of said town with the right
reject any and all bids, provided howeve
that the said council shall not 81
:. or disposs Of said bonds or any Of the
N at less than their par value.
That before the indebtness conter
70 plated by this resolution is incurred pr
r vision will be made ~ the coun'
IL Of the incorporated town Of Vinita
10 ordinance, which shall be irrepealabl
X for an annual tax sufficient TO pay Il
interest on said bonds as the same fal
due, and also provide for the payne
" and discharge Of the principal there
AZ within twenty years from the date
contracting the same.
III That the twesty-6fth day Of Augu
D. 1909 be and the same is designated a
"a set apart as a day upon which the out
ton Of issuance Of the bonds As here
ne fore specified shall be voted upon by
qualified voters Of the said incorporat
town Of Vinita,
nt And Be II Further Resolved, that I
M notice Of said election shall be signed
the Mayor and kecorder Of the incorp
ated town Of Vinita specifying the III
and place of holding said election a
setting iSSth in full this resolution: S,
VI notice to be published in some ne'
s. paper Of general circulation published
the incorporated town Of Vinita for
period Of four consecutive weeks prior
or said twenty-five day Of August 1902.
nd And Be II Further Resolved, that
"a election shall be held on said day
tween the hours Of a. m. and sun
on Of the same day at the place designat
lay and conducted by election officers c
ats sisting of judges and clerks appointed
IA, the Judge Of the United States court
0 the northern district Of the Indian te
ry- tory. The qualified voters Of the ins
I porated town OF Vinita shall vote at ;
election by ballot, upon which said
er- lot shall be printed the following wo
a. "Shall the incorporated town Of VII
W issue bonds and borrow money ther
my in the sum Of twelve thousand dollar
Int be used for the building OF school hol
see in said incorporated town. 'Yes"
oNO.n
> The election shall be conducted in
nt' manner prescribed by law and the v
shall be counted, canvassed and retui
iof- to the council Of the incorpor
town Of Vinita in the same manne
the votes are counted, canvassed and