The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1909-11-27
nRnMANnE MO. "A.


AN ORDINANCE PROVIDING FOR
THE ISSUANCE OF THE NEGoTLA.
BILE COUPON BONDS OF THE CITY
OF TUCUMcARL. NEW MEXICO
TERRITORY. TO THE AMOUNT OF
s7s,sOo FOR THE CONSTRUCTION
OF A SYSTEM OF SANITARY SEW
ERs IN AND FOR SAID CITY;
PRESCRIBING THE FORM OF SAID
RoNDs AND OF THE INTEREST
COUPONS TO BE THERETO AT.
TACKLED; PROVIDING FOR THE
LEVY OF AN ANNUAL TAX TO
PAY THE INTEREST ON SAID
BONDS WHEN DUE AND TO PRO
VIDE A SINKING FUND FOR THE
DISCHARGE OF THE PRINCIPAL
THEREOF AT MATURITY, AND
FIXING THE OTHER DETAILS
OF THE ISSUE
WHEREAS, at an election called and
held in the City Of rucumcari, Quay
county, Sew Meyico Territory, ON Nov.
ember VITA, A. ID. 1909, IL all respects
in strict compliance wish The provisions
Of the laws Of the Territory Of New
Mexico, and OF an act OF Congress OF
the United states, approved March 4th,
1898, entitled "An Act to amend an
act to prohibit the passage of local or
special laws IN the territories to limit
territorial Indebtedness, aud 50 FORTH -
more than two thirds OF the qualified
voters OF said City who were the own.
els OF real OF personal property, sub.
ject to taxation therein, voted atirma.
lively for the issuanc of the negotiable
coupou bonds OF said City to the amount
OF s7s,sJO for the construction of a
system vi sanitary sewers in aud to be
owned exclusively by said City; and
WHEREAS, Il is necessary to now pre-.
scribe the forms Of said bonds, and Of
the interest coupons to be thereto at
,ached aud to tx the other details of
the issue, now therefore,
BIZ IT ORDAINED BY THE CITY
COUNCIL OF THE CITY OF TU.
CuMcARG TERRITORY OF NEW
MEAlCO;
Section /. That for the purpose Of
providing the necessary funds for the
construction of said system of sanitary
sewers in and for the City Of Tueum.
carl, Quay County, New Mexico Ter.
ritory, pursuant to plans, specifications
and estimates duly adopted by the City
Council OF said City, there shall be
and there are hereby ordered and direct
81 to be issued the negotiable coupon
bonds of said City to the aggregat,
amount Of sss,sOO. said bonds shall b,
designated sanitary Sewer Bonds OF
iY0s,'' and shall be ~ in number, mum
bersd from i - 10 both inclusive
. Bonds numbered | to IS both inelusiv,
to be Of the denomination OF $1,000
each, and bond numbered 10 to b,
OF the denomination OF $500.
said bonds shall bear date Of Nov
ember 18th, A. ID. 1909, aud shall be
come due and payable on November
10th, 1893, shall Dear interest fron
their date until paid at the rate Of
nye and one half per centum per ahnum
payable semianuually, on the 18th
days OF May and November IN eacl
year; which instaIlments Of interest I,
date OF maturity OF principal shall b,
evidenced by appropriate coupons at
tAehed to each bond, aud both princi
pal and interest shall be payable II
lawful money of the United states o
America, al the Chase National bank
III the City and State OF New York.
section 2 That each OF said bond
aud each OF the interest coupons there
to attached shall be in substantial,
the following forms, respectively, tC
wit:
(Form Of BOnd)
UNITED STATES OF AMERICA.
TERaI1 DRY OF NEW MEAICC
COUNTY OF QUAY