The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-04-04

ed to be issued by ordinance No. 274
duly passed and approved on the 2nd
day Of April, 1908, and designated in
said ordinance as "Refunding Bonds
Of 1908 shall consist Of SIS bonds.
numbered from / to IS inebusiye, and
shall be of the denomination of one
thousand dollars each. Said bonds
shall bear date of April 25, 1908, and
shall be due ard payable on the 25th
day Of April, 1928, without option Of
prior payment They shall bear inter
est at the rate Of 5 per cent per an.
mum from date until paid. interest
payable semi-annually on the 25th
days Of April and October Of each
year, which interest payments shall
be evidenced BY proper interest cou.
pons attached to each bond And
both principal and interest shall be
payable in lawful money of the United
States Of America at The Importers
and Traders National Bank Of New
York City
Section 2. That each Of said bonds
shall recite that it is issued under and
in pursuance of an act of the legisla-
tive assembly Of the Territory of Ok
lahoma entitled "An Act to enable
counties. municipal corporations, the
boards of education Of any city or
school district to refund their indebt.
edness, approved March II, 1905 and
Of section 25 of the schedule of the
constitution Of the state of Oklahoma.
And each of said bonds and interest
coupons shall be in substantially the
following form:
(Form of bond.)
UNITED STATES OF AMERICA
State Of Oklahoma, County Of Grady
-CHICKAsHA-
Refundins Bond Of 1908
MOI 100000
Know all men by these presents
that the city Of Chickasha in the coun-
| ty Of Grady and state Of Oklahoma,
acknowledges itself to owe and for
value received hereby promises to
pay to bearer the sum of one thousand
dollars ($1,OOOOO) on the-----------
day of --------..-----19- with
interest thereon from the date hereof
until paid at the rate of----------per
cent per annum, interest payable
semiannually on the------- DAYS
of------------- and -------------
of each year on the presentation and
surrender of the interest coupons
hereto attached as they severally be
come due Both principal and inter
est payable in lawful money of the
United States of America att.
And for tn
prompt payment hereof at maturity
the full faith, credit and resources o
said city are hereby irreyocabl,
pledged.
This bond is issued by said city TO
the purpose of refundin a like amour
Of the valid binding and actually ex
listing indebtedness Of said city evl
denced by its legally outstanding wal
rants heretofore and prior to Novem
Der 18th, 1907, regularly and lawful,
issued and is issued in accordance
with and in pursuance of ordinance
duly passed by the mayor and coun
cilmen of said city and approved AM
published as required by law. and o
the judgment order and finding of tn,
district court Of Grady county in sait
state, of the existence, character ant
amount Of said outstanding legal war
rants Of said city made an entered
of record therein and in all respect,
in full compliance with section % o.
the schedule Of the constitution of tn.
state OF Oklahoma, and of an act oI
the territorial assembly Of the Terri
tory Of Oklahoma. entitled eAn Act
to enable counties municipal corpora
tions, the boards Of education of ans
city or school district to refund thei:
indebtedness, approved March lith
1905, extended in force in the said
state by the constitution thereof, un
der which this bond is issued.
And it is hereby certified and recited
that all things, acts and conditions re
quired BY the laws of the United
States and OF the State Of Oklahoma tc
happen and to be done and
performed precedent TO and IN
the issuance of this bond
done and performed in regular and
due form and time as required by
law And that the Indebtedness foi
The payment Of which this bond is
issued was at the time It was incurred
and now is valid, binding and actuall,
existing indebtedness of said city. and
OF a character authorized by law tc