Arizona republican., 1903-04-06
CITY BOND ELECTION.


 Common Council of Phoenix, in the County of Marcopa. Territory of Ari- zona. held in the council chamber m the City of Phoenix, in said County and Territory, on the 2d day of March, l9O3, and at which meeting there was pres ent a quorum of said Common Council of Phoenix. the following resolution was unanimously adopted by ma iority vote of said Common Council, viz
 RESOLUTION NUMBER 1S9.
 ESOLUT TON 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 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 ($300,000) 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 denonlina- tions of One thousand (S1,0O0) Dollars each the principal to be due in twenty | five (25) years from the date thereof. 1 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 oi Thirty | thousand ($30, GOOD 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 (S 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 1 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 l bonds, and shall be made payable to l 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 a thereto so that the same may 1 be detached without mutiiating the i bonds. for the semi-annual interest to accrue thereon. which coupons shall have a fac simiie of the signatures Jt 1 the Mayor and Recorder of said City of Phoenix Autographed or printed thereon. Said bonds to be sold by the ] Common Council of the City of Phoe- nix in such manner as they may deem 1 pest TOT the Interest or Salu tIlS Oi 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 hereaft 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 Y in the square under , the word "No."