Arizona republican., 1903-04-15
CITY BOND ELECTION.

Common CouncIl of Phoenix. in the County of Maricopa. Territofy OF Ari- Zona, held in the council chamber in the City of Phoenix, in said County and Territory. on the 2d day of March, 1903, and at which meeting there was Dres- ent q quorum of said Common Council of Phoenix. the following resolution was unanimously adopted by a ma io-itv vote of said Common Council viz
 RESOLUTION NUMBER 139. ESOIUTION ORDERING AN
 ELECTION TO AUTHORIZE THE
 ISSUANCE OF BONDS FOR WA
 TER WORKS IN THE CITY OF
 PHOENIX.
 THE COMMON COUNCIL OF PHOENIX DO RESOLVE AS FOL LOWS:
 1st. That the following proposition be and the same is hereby submitted to the qualified electors and owners oi real or personal property subject to taxation within the corporate limits of the City of PhoeniY, in the County of Maricopa, Territory of Arizona, to be voted upon by them at an election called for the purpose, to be held on the 18th day of April, A. D. 1903, in said
  City, County and Territory, viz:
 Shall the Common Council of Phoe- nix, in Maricopa County, Arizona Ter ritory issue bonds of the City Of Phoe- nix, in said County and Territory, to the amount of Three hundred thou sand (S30O, ,00O) Dollars, for the purpose of the construction Of water works for sanitary and health purposes for the said City of Phoenix, to be owned and operated by the said City of Phoenix for the purpose of supplying said City and the inhabitants thereof with water. Said bonds to be issued in denomina- tions of One thousand ($1,00W Dollars each, the principal to be due in twenty five (25) years from the date thereof. provided, however. that the Common Council of said City of Phoenix reserve the right to pay off such bonds, in their numerical order, at the rate Of Thirty thousand C30.000) Dollars thereof per annum from and after the expiration of fifteen Q5) years from their date. all of said bonds to bear interest at the rate of five (5) per centum per an- mum; interest thereon shall be paid semi-annually on the first day of Jan uary and on the first day of July of each year after their issuance. Prin- cipal and interest shall be payable in Gold Coin Of the United States of America, at the office of the City Treasurer of the City of Phoenix, in Maricopa County, Arizona Territory, or at such bank in the City of New York in the State of New York or in the City of San Francisco, State of California, or such rlace as may be designated by the Common Council of the City of Phoenix, at the option of the purchaser of said bonds, the place of payment to be mentioned in said bonds. and shall be made payable to the purchaser or purchasers or his or their order. Said bonds to be signed by the Mayor of said City of Phoenix and attested by the City Recorder thereof and have the seal of the said City of Phoenix attached thereto, and each bond shall have interest coupons attached thereto so that the same may be detached without mutilating the bonds, for the semi-annual interest to accrue thereon, which coupons shall have fac simile of the signatures Jf the Mayor and Recorder of said City of Phoenix Autographed or printed thereon. Said bonds 60 be sold by the Common Council of the City of Phoe- nix in such manner as they may deem best for the interest of said City. of Phoenix, but the same shall not be sold below par.
 2nd That such election shall be held on the 18th day of April, A. D. 1903. between the hours of eight (S) o'clock in the forenoon and five (5) o'clock in the afternoon of that day, at polling places in the several voting wards Of said City of Phoenix, to be hereafter selected and designated by the Common Council, aforesaid. and said election shall be conducted by such election officers in said City of Phoenix, to be hereafter named by said Com mon Council and that the ballots used at said election shall he substantially in form and have printed thereon the words and figures. as follows, to-Wit:
 BOND ELECTION CITY OF
 PHOENIX.
 To vote for the issuance of bonds, place an x in the square under the word Yes"
 To vote against the issuance of bonds, place an x in the square under the word No"