The Red Cloud chief., 1907-03-08
NOTICE Of ELECTION.
School Building Bond Proposition.

Notice IS hereby given to the qualified voters
Webster County, in The State OF Nebraska. being
District No. =. pursuant 10 Il resolution adopted
by the Hoard OF Education OF said District. AT
an adjourned regular meeting thereof February
10th. 1917. and based upon the petition of more
than one third Of the qualified voters Of saio
school district. that on Tuesday. the End day o.
April. 1917, at the general election to be held in
said City Of Red cloud, and In said School Dis
trict. Webster county. I'm the State of Nebraska.
and at the usual voting places therein. to wit: In
building and in the Second ward thereof at the
Hall. between the hours OF 8 O'Clock
a. M. and Z O'Clock p. m. of said day and date
aforesaid. an election Is called and will be held.
and at such said general election ON the daic
aforesaid and al the time and places in said
City and school District aforesaid, there, will lie
and hereby il submitted 10 the qualified voter.
OF said School District 10 be voted upon, the
following proposition, Ia. Wit
Shall the Board of Education of the school
District Of The city Of RED Cloud, Webster
County, in the State Of Nebraska, being school
district number :. for and on behalf of said
District. Issue the bonds OF said District in the
sum of Twenty Five Thousand Dollars. Of the
denomination of Five Hundred Dol ars each.
Cor the purpose of purchasing a site, building a
new school house. furnishing the necessary fur
niture aud apparatus for The same in the First
Ward OF the City of Rcd cloud, in said District.
and to install a heating plant in the school
building In the Second " ard of said City OF led
Cloud In said District, all the cost thereof not to
eXt eed the sum of Twenty Five Thousand
Dollars. The entire amount ana each and all Of
said bonds Ia be dateI the day OF their issuance
and to he payable TO bearer at the office of the
County TieasuI er of Webst r County. Nebraska
In the City of RED cloud, Nebraska. at the ex
~piration OF twenty years from the date thereof.
but TO be made payable and redeemable at the
option OF said school District nj any time
after the ex piration Of five years from The dale
OF the Issuance OF the same, In sums of Five
Hundred Dollars or any multiple thereof. said
bonds to draw not to exceed four and one half
40 per cent interest per annum from the date
of issuance OF the same, payable annually,
which said interest payments shall be evidenced
by interest coupon notes executed and attached
to said bonds. also payable 10 bearer at the office
of the County Treasurer Of Webster County,
state OF Nebraska. In. the City Of He'd Cloud,
Nebraska. Said bonds TO be sold for not less
than par value with accrued interest and the
proceeds thereof TO be used for the purpose OF
purchasing a siie, building a new schoo. house,
furnishing the necessary furniture and
apparatus for the same in the First
Ward OF said City of Red Cloud
in said District. and To install a heating
plant In the school build ne in the second
Ward of said lily OF HE'D Cloud In said Dis.
trict. Aud shall said Board Of Education of said
District. or such other officers az may be charged
by law with The duty OF leyying taxes of said
district. for the time being In addition to all
other taxes, levy or cause TO be levied annually
upon all the taxable property in said District. q
tax sufficient To pay the interest OH said bonds
as the same mature and TO furnish a sinking
fund for the payment of the principal Of said
bonds.
Aud be II further resolved that the vote on