Arizona republican., 1903-04-03
CITY BOND ELECTION.

WHEREAS At meeting of the Common Council of Phoenix, in the County of Maricopa, Territory of Ari-
 Zona, held i'll the council chamber l1 1 the City of Phoenix, in said County and
 Territory. on the 2d day of March, 1903, and at which meeting there was pres ent a quorum of said Common Council
 of Phoenix. the following resolution
 was unanimously adopted by ma | jority vote of said Common Council, viz
 RESOLUTION NUMBER 139. l R E O L L T O N 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 Phoenix. 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 l | 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 (s3OO,OOC Dollars, for the purpose of the construction oi 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 (S1,000) Dollars each, the principal to be due in twenty | five (25) years from the date thereof. provided, however, that the Common l Council of said City of Phoenix reserve the right to pay off such bonds, in their
 numerical order, at the rate oi Thirty l thousand (S30,000) Dollars thereof per
 annum from and after the expiration of 1 fifteen G5) 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-annualiy on the first day of Jan uary and on the first day of July of each year after their issuance. Prin- l 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 q such bank in the City of New York, l in the State of New York or i 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 1 the purchaser of said bonds, the place i 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 PhoeniY and attested by the City Recorder i 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 i bonds for the semi-anrual interest to accrue thereon, which coupons shall
 have a fac simile of the signatures Jt the Mayor and Recorder of said City
 of Phoenix Autographed or printed i thereon. Said bonds to 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 1 hereafter selected and designated by 1 the Common Council, aforesaid and
 said election shall be conducted by such election officers in said City of Phoenix, l to be hereafter named by said Com mon Council and that tine ballots used at said election shall ke substantially in form anG 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 \ in the square under the
 word "Yes.
 To vote against the issuance of
 bonds. place an X in the square under f.I,