The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-27

other details OF the issue. Said reso.
luton was then read in full by the
clerk
Moved by J. II. Kuntz. and seconded
by ]. NJ Arnold that said resolution
and order as read, be adopted
on roll call the motion was carried
by the following Ayes. NJ A.
Slansbcrry, J. II Kuntz. J. VI. Arnold.
Noes" none.
Tho resolution was nv the prosi-
dent declared duly adopted and or.
dored spread upon the record of the
board
Said resolution adopted as aforesaid
in words and figures as follows. 20
wit:
4 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 like amount OF the legn
outstanding warrant indebtedness OF
said school district, prescribing the
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
bonds when due and TO constitute and
maintain a sinking fund for the lis.
charge OF the principal thereof at ma
turity and fixing the other details o.
the issue
Whereas, school district No. 81,
Carter County, Oklahoma, body cor.
porate duly organized and existing un-
der and by virtue of the laws anc
constitution OF the state OF Oklah =.
ma. has a valid and binding OFT
standing Indebtedness to the amount
OF s2.6OO.0O, incurred ( or lawful
school district purposes and within
the constitutional and statutory lin!
tation evidenced by warrants OF said
school district regularly issued by ITS
board of directors IN strict COM H.
ance with law, being warrants nln
hered as follows. to-wit.
No. !, July ., 1908, $4,000.
No. Z. oct. 3O 1908, s3O3.75.
No. SO, Feb. II, 1909, s1,O7S.OO
No. &C, March 8, 1909. s57G,93.
No. 72, April Q, 1909, $4,000.
= No. "A, April Q, 1903, s234SG.
Whereas, said warrants have moi
been paid for the want of funds ant
are due and payable. but the sale
school district has no funds in it'
treasury available for the purpose
2 ard said school dl-trict through III
, board OF directors has entered int
an agreement with the owners o
said warrants for the fundment ant
payment OF the said by the Issuance
Of the negotiable coupon bonds o
said district at not less than par 4
e the aggregate amount Of 100000, a
may properly and lawfully be don
7 under and pursuant 10 the provision
u Of the constitution OF the state O
, Oklahoma and an act of the legIsla
10 tive assembly OF the Territory OF Oh
j. lahoma, entitled. "An act TO enabl
= counties, municipal corporations an
boards Of education of any city o
J. school district TO refund their indeb
edness" Approved March 18th. l9OI
: and extended in force in the state {
Oklahoma by the constitution ther'
& Of
/. Now Therefore be II Resolved an
|, Ordered by the Board OF Directors {
e School District No. 2l. Carter CouT
e ty, Oklahoma:
Il Section /. That the clerk OF sal
II school district No. 81 Carter Count.
e State OF Oklahoma, be and he
/. hereby authorized and directed
3. give notice for ten days by publlci
l. ton in the Ardmorelte, a newspape
r. published in the city OF Ardmore tn
O County Seat OF Carter County, an
d OF general circulation in said count
Il and by posting In at least five publ
% places in said school district that sal