Arizona republican., 1903-03-16
CITY BOND ELECTION.

WHEREAS, At a meeting of the
Common Council of Phoenix. in the
County of Maricopa, Territory of Ari-
iona. held in the council chamber in
the City of Phoenix, in said County ana
Territory, on the Cd 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
jority vote Of said Common Council,
viz
RESOLUTION NUMBER 159.
E OLUT ION 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:
LIST. That the following proposition
be and the same is hereby submitted
to the qualified electors and owners OF
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 (S300000) Dollars, for the purpose
of the construction OF water works for
1&l~ H.
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 $4,000 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 G3o.OG0) Dollars thereof per
annumsfrom and after the expiration of
fifteen G5) years from their date, all
of said bonds to bear interest at the
"a tie of five 60 per centum per an
mum; interest thereon shall be paid
semi-annually on the first day of Jan
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
n i,Ia
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 ard 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 mutiiating the
bonds, for the semi-annual interest to
accrue thereon. which coupons shall
have fac simile of the signatures OF
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
best for the interest of said City OF
Phoenix but the same shall not be
sold below par.
End. That such election shall be
held on the 18th day of April, y. d.
1903, between the hours of eight (S)
O'Clock in the forenoon and five co.
o'clock in the afternoon Of that day.
at polling places i'll the several voting
wards of said City of Phoenix, 10 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 Mo-