Arizona republican., 1903-04-02
CITY BOND ELECTION.

Common Council of Phoenix, in the | County of Maricopa, Territory 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 pres | ent a quorum of said Common Council of Phoenix the following resolution
 was unanimously adopted by a ma | jority vote of said Common Council, viz
 RESOLUTION NUMBER 1S9.
 R F s O l. U T ON ORDERING AN ELECTION TO AUTHORIZE THE ISSUANCE OF BONDS FOR WA TER WORKS IN THE CITY OF PHOENIX
 THE COMMON COUNCIL OF PHOENIN 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 | taxa tion 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 (s3O0,O00) 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. 1 Said bonds to be issued in denomina- tions of One thousand (S100O 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 (s30,000) Dollars thereof per annum from and after the expiration of 1 fifteen 05) years from their date, all of said bonds to bear interest at the rate of five C5) 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, l in the State of New York or | in the City of San Francisco, State
 of California or such place 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 1 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 1 bonds, for the semi i-annual interest to accrue thereon. which coupons shall
 have a fac simile of the signatures J1 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- | Hl& III SuCH as l!ey llldN uttill
 best for the interest of said City of l Phoenix, but the same shall not be
 sold below par.
 End. 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 Ee substantially ! in form anG have printed thereon the
 words and figures, as follows, to-wit: | BOND ELECTION CITY OF PHOENIX.
 1 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 N in the square under
 the word No"