Arizona republican., 1903-03-18

WHEREAS, At meeting of the Common Council of Phoenix, in the County of Maricopa, Territory Of Arl- zona. held in the council chamber Tn the City of Phoenix. in said County ana Territory, on the 2d day of March, l903, 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 139.
 RESO TON ORDERING AN ELECTION TO AUTHORIZE THE ISSUANCE OF BONDS FOR VA TER WORKS IN THE CITY OF | PHOENIX
 1 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. 1905, 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 ($3OO, ,000) Dollars, for the purpose of the construction oi water works for sanitary and health purposes for the of tn 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 ($1,000) 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 thousand (S30,000 Dollars thereof per annum from and after the expiration of | fifteen C5) years from their date, all of said bonds to bear interest at the rate of five (5) per centum per an- nun; interest thereon shall be paid semi-annually on the first day of Jan ua-y and on the first day of July of | each year after their issuance. Prin- cipal and interest shall be payable in Gold Coin oi 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 of California or such rlace as may be designated by the Common Council of ;tx- af t1o aP 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 i by the Mayor ef said City of Phoenix and attested by the City Recorder t-a-eof 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 mutila ting the bonds, for the semi-annual interest to | accrue thereon, which coupons shall have a fac simile of the signatures Jf 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 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 lelection officers in said City of Phoenix, to be hereafter named by said Com
 mon Council and that the ballots used