The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-26

other details OF the issue. Said reso.
luton was then read in full by the
clerk.
Moved by J. II. Kuntz. and seconded
by J. NJ. Arnold that said resolution
and order as read. be adopted.
on roll call the motion was carried
by the following Ayes. NJ. A.
Stansbcrry, J. H. Kuntz. J. NJ Arnold.
Noes none.
Tho resolution was w the presi.
dent declared duly adopted and or.
dcrcd spread upon the record OF the
board.
Said resolution adopted rs aforesaid
in words and figures as follows. 10.
wit
\ resolution and order, providing
for the issuance OF the negotiable corr
pom bonds OF school district No. 81,
Carter County. Oklahoma, to the
amount OF 81, 10000 for the purpose OF
funding a like amount OF the legn
outstanding warrant indebtedness OF
said school district, prescribing tie
forms of said bonds and of the inter.
est coupons to be thereto attached;
providing for the levy of an annual tax
sufficient to pay the interest on said
bends when due and TO constitute and
maintain n sinking fund for the iis.
charge OF the principal thereof at ma.
turity and fixing the other details o;
the issue.
Whereas, school district No cl,
Carter County. Oklahoma, n body ccr
porate duly organized and existing un.
constitution of the state OF Oklah
ma has valid and binding oct
standing indebtedness to the amount
OF 100000. incurred or lawful
school district purposes and within
the constitutional and statutory lim!
tation evidenced by warrants OF said
school district regularly issued by ITS
board of directors in strict COM T..
ance with law. being warrants nm
hered as follows, to.wit.
No. l, July .. 1908, $4,000.
No. 7. Oct. 30, 1908, s3O3,75.
No. 80, Feb II. 1909, Sl07S.00
No. sc, March s, 1909. $57693.
No, 70, April 0. 1909. $4,000
No. "a, April 0, 1903. s234SG.
Whereas, said warrants have not
been paid for the want OF funds and
are due and payable. but the said
school district has no funds in its
treasury available for the purpose
ard said school di-trict through its
board OF directors has entered into
an agreement with II owners OF
said warrants for the fundment and
payment OF the said by the issuance
OF the negotiable coupon bonds OF
said district at not less than par to
the aggregate amount OF s2.60O00, as
may properly and lawfully be done
under and pursuant to the provisions
OF the constitution of the state OF
Oklahoma and an act OF the legisla-
tive assembly OF the Territory OF Ok
lahoma, entitled, IAN act TO enable
counties, municipal corporations and
boards OF education of any city or
school district to refund their indebt.
edness." Approved March 11th, 1905,
and extended in force in the state OF
Oklahoma by the constitution there
Of
Now Therefore be II Resolved and
/ Ordered by the Board OF Directors OF
/ School District No. 81, Carter Coun'
ty, Oklahoma:
Section l. That the clerk OF said
school district No 81 Carter County.
State OF Oklahoma, be and he Is
/ hereby authorized and directed to
/ give notice for ten days by publica.
/ tion in the Ardmoreite, a newspaper
published in the city OF Ardmore the
County Seat OF Carter County. and
OF general circulation in said county.
and by posting in at least five public
/ places in said school district that said