The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-08-01

other details OF the issue Said reso-
luton was then read in full by the
clerk
Moved by !. ~ Kuntz. and seconded
by j. NJ Arnold that said resolution
and order az read, be adopted
On roll call the motion was carried
by the following Ayes. VI A.
Staus5orry J. II. Kuntz. J. VI. Arnold.
Noes" none
Tho resolution was Nv the presl.
dent declared duly adopted and or.
dcred spread upon the record Of the
board
said resolution adopted as aforesaid
in words and figures as follows. 20.
wit:
\ resolution and order, providing
for the issuance Of the negotiable con
pom bonds Of school district No. 81,
Carter County. Oklahoma. to the
amount of $2600O0. for the purpose OF
funding like amount OF the legi
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
bonds when due and TO constitute and
maintain sinking fund for the tic
charge Of the principal thereof at ma
turity and fixing se other details o.
the issue
Whereas. school district No. 2l,
Carter County, Oklahoma a body cor
porate duly organized and existing uu-
der and by virtue OF the laws anc
constitution of the state OF Oklahr
ma, has valid and binding OFT
standing Indebtedness to the amount
OF 100000. incurred or lawful
school district purposes and within
the constitutional and statutory limi
tation evidenced by warrants OF said
school district regularly issued by ITS
board OF directors in strict COM Il.
lnce with law being warrants nm
rered as follows. to-wit,
No |, July Q, 1908. $4,000
No Z Oct. 30. 1908. $30375.
No. 30, Feb. II, 1909, s107S.OO
No. &C, March s. 1909. $576.93.
NJ. 70. April 9, 1909. $4,000.
No. "A, April O. 1909, $23is6,
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 the 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 100000, 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 leg sla.
tive assembly Of the Territory of Ok
lahoma. entitled AN act to enable
counties, municipal corporations and
boards of education of any city or
school district to refund their indebt'
edness" Approved March 18th, 1905
and extended in force in the state OF
Oklahoma by the constitution there
OF.
Now Therefore be - Resolved and
Ordered by the Board OF Directors OF
School District No. q, Carter Coun.
ty, Oklahoma:
Section /. That the clerk OF said
school district No. 81 Carter County
State OF Oklahoma, be and he IS
hereby authorized and directed 10
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