The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-04-07

Oklahoma:
Section l. That the $4,000 Of re-
funding bonds Of the city Of Chicka.
sha, Oklahoma, authorized and order
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 Ronds
oG 1908" shall consist Of 55 bonds.
numbered from / to 55 inclusive, and
shall be Of the denomination Of one
thousand dollars each. Said bonds
shall bear date OF April 25, 1908, and
shall be due and payable on the 25th
day Of April, 1928, without option Of
prior payment They shall bear inter
est at the rate OF per cent per an.
mum from date until paid; interest
payable semi-annually os 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 1t is issued under and
in pursuance Of an act Of the legisla.
dve assembly Of the Territory Of Ok
lahoma entitled IAN 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
AliAhA0l1h-
ReFundIns Bond Of 1908
No.---- 100000
Know all men by these presents
that the city Of Chlckasha 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 Isl 100000 on the------------
day Of ----------------19-- with
interest thereon from the date hereof
until paid at the rate of----------per
cent. per annum, interest payable
semi-annually on days
of---~---------- and --------~-------
OF each year on the presentation and
surrender Of the interest coupons
hereto attached as they severaTy be.
come due. Both principal and inter
est payable In lawful money Of the
United States OF America at-------
-------------------- And for ia =
prompt payment hereof at maturity
the full faith, credit and resources Of
said city are hereby irrevocably
pledged
This bond is Issued by said city for
the purpose of refundln a like amount
Of the valid. binding and actually ex-
isting Indebtedness of said city. eyi.
deneed by its legally outstanding war.
rants, heretofore and prior to Noyem-
Der 18th, 1907, regularly and lawfully
issued and is issued in accordance
with and in pursuance Of ordinances
duly passed by the mayor and coun-
cilmen Of said city and approved and
published as required by law. and Of
the judgment order and finding OF the
district court of Grady county in said
state. Of the existence, character and
amount Of said outstanding legal war
rants Of said city. made an entered
OF record therein and in all respects
in full compliance with section 25 oI
the schedule OF the constitution Of tbs
state OF Oklahoma, and Of an act O
the territorial assembly Of the Terri
tory Of Oklahoma, entitled IAN Ac
to enable counties. municipal corpora
tions, the boards Of education OF an,
city or school district to refund thel
Indebtedness" approved March 11th
1905. extended IN force In the sal,
state by the constitution thereof, un
der which this bond is issued.
And II is hereby certified and recitel
that all things acts and conditions re
quired by the laws Of the Unitel
States and of the State Of Oklahoma t
happen and to be done AM
performed precedent to and il
the issuance of this bon
done and performed in regular an
due form and time as required b
law: And that the Indebtedness 10
The payment Of which this bond /
issued was at the time It was incurre
and now is valid. binding and actual
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