The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1906-05-29
Countersigned:

....................City Cserf
Certificate of Registration)
/, ................... City Treas
urer Of the City Of Ardmore. Indian
Territory, hereby certify that the with.
in bond has been registered
by me as such treasurer in
record book kept in my ofiice for that
purpose.
.................C City Treasurer
Sec 3. That each OF said bonds
shall be signed by the mayor and
counterslgned by the treasurer a
said city. and atteHf II by the cit,
clerk under the Corporate seal uf s.ii {
city, and each Of the interest coupons
attached to said bonds shall be exc.
cuted in a similar manner by the
original or Autographed fac simle
signatures Of said officers: and the
treasurer of said city shall register
said bonds I'm an appropriate record
book kept for that purpose: that
when so executed and recorded. said
bonds shall be delivered TO the pur.
chasers Of the same from said city at
price above par and accrued inter.
est; and the proceeds derived from
the sale OF said bonds shall be paid
into the city treasury and used solely.
for the purpose of constructing water,
works in and for said city.
Sec T. That the interest falling due
on said bonds in the year 1906 shall.
be paid out OF the general fund taxi
Of said city levied in the year 1905
and for the purpose OF reimbursingI
said general fund for said half years j
interest and in order TO provide for
the payment of the interest on said
bonds falling due In the year 1907
and TO create sinking fund
to discharge the principal ot
said bonds at their maturity. there
shall be and there is hereby levied
in the year 1906 on all OF the taxi
able property In said city, in additor'
to all other city taxes. a direct tax
sufficient to produce the sum of Si375.
That I'm order TO provide for the
payment OF the interest on said bond
subsequent to the year 1907 promptls
when and as the same falls due. and
TO maintain a sinking fund sufficient
to pay and discharge the principal
thereof at maturity. there shall b,
and there is hereby levied In each o.
the years 1907 to 1925. both inclu
siye, on all OF the taxable properti
In said city, I'm addition TO all othe.
city taxes. a direct annual tax sufi.
Client to raise the sum OF $500. be
ing sl.75O0 for interst and sl.750 fol
, principal And in each OF said yeau
, the rate per centum necessary
produce said sum OF $500 shall D
ascertained and such tax shall be q
:, tended for collection upon the ta
rolls OF said city and collected at III
same time and In the same manne
and by the same officers as the take
for other city purposes in each
such years are extended and collec
ed. and when collected. said take
hereinabove provided for shall D
u placed in a special fund. TO be desil
y mated as Waterworks Bond 1906 Ia
p Fund, and used solely for the purpos
u Of paying the interest and princip.
, OF said bonds when and as the sam
g mature. Provided. however. that
= the event Of the payment OF any
q. said bonds before their absolute dai
n Of maturity, as hereinabove provide
for. the tax herein required to
G. levied shall for subsequent years [
d reduced propor;ionately; but in Ia
Ie event shall the tax herein levied |
IN reduced In any one year below q
%. amount sufficient to pay the intere
d on said bonds then remaining on
m standing and unpaid promptly whs
10 and as the same falls due, and all
n. to discharge the principal of sa
"A bonds at maturity.
,s Sec. 8. That all ordinances or re
~ buttons. or parts thereof, heretofo
10 passed or adopted, in conflict with d
"A provisions hereof be and the san
!, are hereby repealed
., Sec. 6. That this ordinance shall
in full force and effect from and aft
80 its passage, approval and publicatic
10 Passed and approved this 2sth d
=, Of May, 4 D., 1906.
Il. W. DICK, Mayor
Attest:
Oh G. II. BRUCE, City Clerk
as Seal)
pc Pnblished May %. 1905.