Bisbee daily review., 1908-11-11

provement of streets, the sum of Si1 Thousand Two Hundred and Eft, ($6250.00) Dollars, until the said bonds shall have been paid; and, Whereas, the said Mayor and Com mon Council of the said City of Bis bee, deem it necessary and proper ts issue and sell said Bonds for the Con struction of Water Works to the amount of s125,00000 and said bonds 1 for the improvement If ksrSets to the amount of S125,000.00 to be paid ai the time and in the manner as here in set forth and to bear interest al the rate of six (69o) per cent per an mum, said interest to be payable semi annually on the first Monday in Jan uary and July of each year, and that the principal and interest of said bonds shall be payable in gold coin oi the United States of America, at the office of the city clerk, ex-oficio city treasurer of said City of Bisbee, Co chise county, Territory of Arizona, or at such bank in the city of New Yors Tor at such other place as may be designated by the Mayor and Com mon Council of said City of Bisbeel at the option of the purchaser of said bonds, the place of payment to be mentioned in said bonds, and said bonds shall be made payable to bear CT.
 Section 2. That the city clerk, ex offfcio city treasurer of the said Citt of Bisbee, is hereby directed to have prepared Bonds for the Constrncfioh of Water Works in the sum of $125. 900.00 of the denomination of One Thousand Two Hundred and Fifty ($1250) Dollars, each numbered Sc rfally from one to one hundred in elusive, dated the 2nd day of January 1909, and which shall become due twenty-five {25) years after the date thereof and which snail bear interest at the rate of six (696) per cent pei annum, which interest shah be paya ble semi-annually on the first Mon day in January and July of each year; and also Bonds for the Improve ments of Streets in the sum of S125, 00000 of the denomination of One Thousand Two Hundred and Eft, $1250) Dollars, each numbered serial ly from one to one hundred inclusive dated the 2nd day. of January, 1909 and which shall become due twenty five (25J years after the date thereo and which shall bear interest at th' rate of six per cent per annum, whici interest shah be payable semf-annuail. on the first Monday in January ana July of each year: Provided, how ever, that 1t shall be stipulated in sai' bonds that the Mayor and Common | Council of said City of Bisbee reserve l the right to pay of and redeem any O all Of said bonds in their numerical oI der at any time from and after tn expiration of five years from theil date, both the principal and the in tereSt on said bonds shall be mad payable in gold coin of the Unitet States of America, at the office of tn, city clerk, ex-oficio city treasurer o said City of Bisbee, Cochise county Territory of Arizona, or at such banl in the City of New York. State q New York, or at such other place a may be designated by the Mayor am Common Council of said City of Bis bee. at the option of the purchaser Q said bonds. The place of payment t
 be mentioned in said bonds and sai
 bonds shall be made payable to beal CT.
 Said bonds shall bear the seal c the City of Bisbee and be signed b the mayor and countersigned by tn city clerk, ex-offlcfo city treasurer c
 said City of Bisbee under the ofhcis
 seal of said city and the coupons a
 tached to said bonds shall be execute
 by the engraved signature of the cit
 clerk, ex-officio city treasurer of sal City Of Bisbee.
 Section 8. The signing of the sai