The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1903-10-05
Ordinance No l4S.

Al oANAuHuoo pAONAuAu6 Aol tu~ -
suance of bonds by the city Of
Chickaaha, Chickasaw Nation,
Indian Territory, the proceeds
from the sale Of such bonds to
be used by said city for the pur-
pose OF constructing q system
sf water works therein and levy
ing a sufficient tax for such pur-
pose.
Whereas, on the 10th day OF Aug,
1908, the city council Of the city OF
Chicknsha, Chickasaw Nation, Ind
ian Territory, passed and adopted
an ordinance calling and providing
for special election to be held in
said city on the 2lst day Of Sept.
1903, for the purpose Of determining
whether the city council Of said city
should cause to be issued bonds in
the sum of Seventy-five Thousand
Dollars the proceeds from the sale
Of such bonds TO be used for the pur-
pose Of constructing a system of
water works In said city, aud.
Whereas, notice OF such election
was publicly given by the mayor of
the said city Of Chickasha, as the
law provides, and,
Whereas, atsuch election held on
the said 2lst day Of September, 1903,
more than two-thirds Of the quail
fed electors residing within the said
city Of Chickasha, and the owners Of
real or personal property therein sub
ject to taxation, voted for the issu-
ance Of Of such bonds, now there
fore.
Be 1t ordained by the city Of Chick
ashA, Chickasha. Ind. Ter.
Section /. That there shall be is
sued by the said city Of Chickasha,
Chickasaw Nation, Indian Territory,
Seventy-fve bonds Of the denomi-
nation of One Thousand Dollars.
each, which bonds shall be in the
usual form, shall bear interest at the
rate Of FIVE per cent per annum pay
able semi-annually, shall mature in
twenty years from the date Of issue
and shall be signed by the Mayor
and countersigned the Treasurer Of
said city of Chickasha. Both prin-
cipal and interest Of such bonds
shall be payable at the Chemical Ma
tional Bank in the City and State Of
New York in lawful money of the
United States of America.
Section 2. That such bonds shall
be sold by the said city Of Chickasha
and the proceeds thereof shall be
used for the purpose Of constructing
3 system Of water works within said
city Of Chickasha, but none Of said
bonds shall be sold for less than their
par value.
Section 3. That for the purpose Of
paying the interest on said bonds as
the same becomes due aud to provide |
. sinking fund for the payment Of
the principal thereof at maturity,
there is hereby levied on ali the tax
able property within the limits Of the
said city Of Chickasha, Chickasaw
Nation, Indian Territory, q sum
cient tax for such purpose, and, it
shall be the duty Of the collector Of
taxes for the city Of Chickssha,
to collect such tax, account for aud /
pay over the same to the treasurer Of
said city Of Chickashs as sll other
advalorum taxes OF said city are col
lsctsd, accounted for and paid over
and It shall be the duty Of ths treas
ursr Of said city Of Chickasha, to re-
eelve such monies, receipt for, ac-
count aud pay out the same IN
accordancs with the provisions Of
the ordinances Of said city Of Chick.
.sbs aud the express conditions Of
aid bonds,
Section l. That this ordinances
hall be in fun force and eject from
md after its passage and publication.
Passed ahd adopted BY the city
ouncil Of the city Of Chickasha
Jhickassw Nation, on this the md
ayof October, 1908.
r. n. Murphey, Mayor.
.ttest; Joe Dsws, City Clerk.
First published Oct 3, 1903. Ii