The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1908-06-12
ORDINANCE NO. 14s.

AN ORDINANCE TO PROVIDE
FOR THE ISSUANCE OF BONDS OF
THE CITY OF ROSWELL, TERRI
TORY OF NEW MEXICO. TO THE
AMOUNT OF FIVE THOUSAND DOL
LARS ($5, 0OO.) FOR THE ENLARGE
MENT AND EQUIPMENT OF THE
FIRE DEPARTMENT IN AND
FOR SAID CITY; PRESCRIB-
ING THE FORM OF SAID
BONDS AND OF THE INTEREST
COUPONS TO BE THERETO AT
lTACHED; PROVIDING FOR A SINK
ING FUND TO PAY THE INTEREST
AND PRINCIPAL OF SAID BONDS
AND FIXING THE OTHER DETAILS
OF THE ISSUE.
Whereas, the City Of Roswell. New
Mexico Territory, has a bona f1de pop
ulation of more than one thousand
persons, as shown by the last regular
school census taken on the first day
of September, A. D., 1907; and,
WHEREAS, on February 20, 1908,
the total number of qualified electors
in said city, who were owners Of real
or personal property, subj oct TO tax
alton therein, was Nine Hundred
Twenty Five (925); and.
WHEREAS, at an election duly
called and held in said City on the
goth day Of February, A. D., 1908, in
all respects in compliance with the
provisions of the laws of the Terri
tory of New Mexico more than
t~wo-thirds Of the qualified voters of
said city who were the owners OF rea
or personal property subject to tax
alton within said city voted affirm
atively for the issuance of the bonds
of said city to the amount of FIVE
THOUSAND DOLLARS ($5,O00.) for
the purpose of providing funds for
the enlargement and equipment OF
the Fire Department in and for said
City: Now, Therefore,
BE IT ORDAINED by the City
Council of the City of Roswell, Terri
tory of New Mexico:
SEC. 1:That for the purpose of pro-
viding funds for the enlargement and
equipment of the Fire Department, in
and for the said city of Roswell, New
Mexico Territory, the negotiable cou-
po1 bonds of said city to the aggre-
gate amount of FIVE THOUSAND
DOLLARS ($5,O0o.) be and the same
are hereby ordered and directed to
be issued. Said bonds shall be desig-
mated as Fire Department Bonds
Of 1908" Of said City. They shall be
Five (5) in number. numbered from
One % to i've (5) inclusive,
and Of the denomination of ONE
THOUSAND DOLLARS ($1,000)
each; shall bear date of March LIST,
1908, shall become due and payable
March 1st, A. D., 1928.
They shall bear interest at the
rate Of FIVE AND ONE-HALF PER
CENTUM (5h per cent? per annum,
from and after date until paid, pay
able semi-annually IN September LIST
and March 1st in each year, which
interest payments to date of matur-
ity shall be evidenced by proper 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 National Park Bank
New York City. New York.
SEC. q: That each of the said bonds
and each Of the coupons attached
thereto shall be in substantially the
following forms, respectively, to-wit:
UNITED STATES OF AMERICA.
TERRITORY OF NEW MEXICO.
COUNTY OF CHAvES
CITY OF ROSWELL
wATERwORKS BOND OF 1908
FIRE DEPARTMENT BOND OF 1908
KNOW ALL MEN BY THESE
PRESENTS: That the City Of Ros-
wen. Chaves County. in the Territory
of New Mexico, acknowledges itself
to owe and for value received hereby |
promises DO pay to bearer the sum
Of ONE THOUSAND DOLLARS
($1, 000.) on h first day of March, A
ID. 1928, together with interest on said
sum from the date hereof until paid |
at the rate OF FIVE AND ONEHHALFI
PER CENfTUM t51-2 oIo] per annum.
payable semfannuaily On the nrst
days OF September AID March d each
year. upon nreseptation ~ surren-
der - TIA interest coupons hereto
attached. - they ~seserslly become
due: both Df1n6zp61 and interest my]
aba N IaNful money q the United
states * America - de once q the
N1tloon1 PARK Banh. a ne cfty nd