The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-06
MEETING OF TOWNSHIP TRUS.
TEES OF LONE GROVE
TOWNSHIP.

Meeting OF the Township Trus-
tees. held June 1G. 1903 Present. D.
VI. Yocum. chairman. presiding F.
VI Byrd. Clerk, aad Chas. H. Bigb.e.
Treasurer.
The meeting after being called 20
order by the chairman the question
OF making provision FOR holding
an election OF the qualified electors
ot the Township @. Lone Grove Tor
the purpose OF submitting TO Che
qualified electors the question Jt is.
sums bonds n the sum % Ten
Thousand lSi0gQ0V1I Dollars :J-
.he purpose ot road improvement.
IN said Township having been t..
cussed. the following resolution was
presented. read and finally adopted.
WHEREAS 4; appears ,aa; The
Township O.. Lone Grove In the
County o: Carter and state OF Okla.
hoIa has authority 20 issue bonds
ro- .a excess ct three go per cen:
% ;he assessed valuation ot aka.
Die property os said Township. as
authorized by an &C; o. the Leg
.s.l,l-a. approved March goth. 1909.
and whereas i; appears tha, there
IS q public demand by the ,axqay.
a-s @. said Township .5- the ba,-
-.-usa; and improvement. ot car-
tain roads in said T1enshl7 and
.aa. q public necessity exists .5-
'ae improvement, and bettermeu, ot
these roads. therefore
BE IT RESOLVED. Tha, the
Township Board being now IN reg,
u.ar session and having under dis.
cussio1 the question OF providing
means to- the improvement OF the
roads in said Township proceed 70
submit. the question a. an election
20 be held in al the voting precincts
ot said Lone Grove Township on
'ae 2s,h day OF July. 1903.
BE IT FURTHER RESOLVED.
Tha: the Clerk O. this Board Is
hereby instructed 20 post ten lOl
Bond Election Notices in ten 0l0)
q the mos; public places in said
Township, calling an election OF the
qualified electors 20 vote on the
question ot issuing bonds in the
sum % Ten Thousand es'000000l
Dollars payable p twenty-five O25)
years. on, .edeemable in ten rol
years. said bonds 20 bear six 05l
pr cent interest. the interest being
payable sem!.arnually. both pr!nci.
pal and .u,eres: payable a, The Fis.
cal Agency tor the state of Okla.
homa in the CRY and STATE OF New
York
BE IT FURTHER RESOLVED.
Tha, the Chairman OF this Town
ship Board De- and is hereby In.
s-ruc'ed 20 appoint or have The prop
er authorities appoint the required
number os Clerks and Judges for
the several precincts 70 conduc; the
election 20 De held for voting said
Township Road and Improvement
Bonds, and .ha. said Election Board
be instructed and properly sworn
before entering upon their duties as
such election officers.
BE 1T FURTHER RESOLVED,
This, ,ae Township Board enter iuto
an agreement with the Oklahoma
Bond * T-us; Company. a corpora.
ton for -Le purchase Of the pro
posed issue OF bonds 20 be issued
by Che said Township. such CON.
tract for the purchase OF said bonds
20 te made subiel, 20 the result OF
'la election 20 De called and held
IN said Township
The minutes OF the Board further
shows that the contract for the
purchase OF the said proposed issue
OF Township Road improvement
Bonds was read TO the Board and
after due consideration the hereto
attached contract vas agreed 20 and
signed by the Township Board OF
Lone Grove Township and by the
Oklahoma Bond & Trust Company,
by It's agent, V A Niblack.
Contract.
KNOW ALL MEN BY THESE
PRESENTS, That whereas, the
Township Board OF Lone Grove
Township, Carter County. State OF
Oklahoma, purposes 20 issue bonds
OF said township In the gum OF Ten
thousand $40 O0e. O0) Dollars, said
bonds 20 be payable in twenty-five
(2jl years from their date and to
~ redeemAtle a. snd after Ten ClOl
years from their date. said bonds
bearing Six l6) per cent interest
from ,hsir date until paid the in
terest payable semi-annually, and
WHEREAS the said township