The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-06-11


city for the erection and construction
of suitable building for Convention
| Hall purposes. in which may be held
meetings of any character IN which
l the said city may be Interested and
for the purposes of public offices for
! the use OF such officials as may be
desired from time to time by the
| City Council of said city TO the
Iamount OF one Hundred and Fifty
Thousand (Sl50000O0) Dollars. said
bsgds to be issued to run not exceed
Ing twenty-five t25) years from date
at rate of interest not exceeding
five t5l per oentum per annum. pay
able semi.annually. said bonds 10 be
! sold at nor less than their par value
and TO make provision for the collec
tion Of an annual tax IN addition 90
other taxes, sufficient t0 pay the i'm
terest on said Indebtedness as it fells
ldue. and to constitute a sinking fund
for the payment Of the principal there
lof within twenty-five (25) gears from
the time Of contracting the same
Second To issue the bonds of said
lcity for tie improvements oil streets
1.-THE amount of Thirty Thousand (S30.-
l0eeoo9 Dollars. sosd bonds 10 run not
to exceed twenty-five (25) years at a
rate of interest not exceeding hva (5)
per centum per annun, payable semi
lannuallN. said bonds 10 be sold at not
less than their par value and to make
lprovlsion for the collection cf an an.
nual tax in addition to other taxes.
tsuffciant to pay tbe interest on said
Indebtedness as il falls due and 10
constitute a sinking fund for the pay.
ment of the principal thereof within
twenty-five t25l years from the time
of contracting the same.
Third. To issue the bonds of said
city Tor the construction of storm sew
ers TO the amount Of Fifteen Thousand
tSl5.000O0) Dollars, said bonds to run
not to exceed twenty-five t25. years at
q rate Cf interest not exceeding five
Co per centnm per annum. payable
| semiannualiy. said bonds TO be sold
at not less than their par value and
to MAKE provision for the collection al
= an annual tax IN addition to other tax
es, sufficient 70 pay the interest on
said Indebtedness as it falls due and 1,
constitute a sinking fund for-the pay
ment If the principal thereof within
twenty-five (25- years from the tim,
, of contracting the same.
Fourth: 10 issue the bonds of sait
city for the construction of main sani
$ tary sewers TO the amount OF Tel
Thousand (Sl0, 100000 Dollars, sal,
5 bonds to run not to exceed twenty-hv,
s (25) years from date at a rate of IN
te-est not exceeGiag FIVE 90 per cent
um per annum, payable semi-annually
: said bonds to be sold at not less thai
3, their par value and to make provision
for the collection of an annual tax II
addition TO other taxes, sufficient Il
a pay the interest on said indebtedness
r as il falls due and 60 constitute
= sinking fund lor the payment of tn
principal thereof within twety hv
:. C25) years from the time OF contract
}. ing the same
Fifth TO issue the bonds Cf sal
city for the construction OF q viaduc
). BROADWAY over the railroad rlght-of.wa
a on Noble avenue TO the amount q
S Thirty-five Thousand (S35. .000.00) Do
lars, said bends to run not to excea
!. twenty-five (25) years from date s
3, gate Of interest not exceeding hv
r per centum per annum, payable sem
annually said bonds to be sold a
< not less than their par value and {
: make provision for the collection of a
annual tax IN addition to other tal
D. es, sufficient 60 nay the interest d
said Indebtedness as il falls due an
to constitute a sinking fund for tn
y payment of the principal theres
g within Twenty-Five (25) years froI
n the time of contracting the same.
Sixth. 70 issue the bonds of sal
e city for the construction OF a viaduC
a roadway over the railroad gight-of-wa
a on Villas avenue at Vine street to IN
'e amount OF Ten Thousand ($l0,O0O.u 90
81 Dollars, said bonds q run not to q,
s, ceed twenty-five (25l Years from dat
D. al q rate OF Interest not exceedln
y five 90 per centum per annlm, pal
IF able semiannually. said bonds TO D
ID sold at not less than their par valu
and 10 make provision for the cole
al tion of an annual tax in addition I
y other taxes. sufficient 30 pay the n
d terest ON said Indebtedness as il fal
Is due and 10 constitute sinking fun
~ for the payment of the principal ther
.e of within twenty-five (25) years iroi
It the time of contracting the same.
* Seventh TO locate the Conyenuo
e, Hall provided for ia proposition l. o
Capital Square or ON "a location to D
e. determined by c0mpetiye bids With
al the business district of said city
~ Eighth. Shall the city OF Guthri
Oklahoma be allowed 10 become q
dsbted for public utilities 30 be pu
chased or constructed aud owned g
clusiyely by said city ga an amount
excess n fiye per centum (5) in n
aggregate OF the value Of the taxab