The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-06

means for the Improvement of the
roads In said Township proceed to
submit the question at an election
To be held In all the voting precincts
of said lone Grove Township on
the 2Sth day OF July. 1909
he lT FURTHER RESOLVED
That the Clerk OF this Board is
hereby instructed TO post ten HO
Bond Election Notices In ten HO)
of the most public places in said
Township. calling an election Of the
qualified electors to vote on the
question Of issuing bonds in the
sum of Ten Thousand $4,000 OO)
/ Dollars. payable ,p twenty-five t25
( years, but rcdocmablc in ten uOl
years. said bonds 10 bear six OG)
per cent interest. the interest being
payable scmiannually. both princi.
pal and interest payable AZ the Els.
cal Agency for the state OF Okla.
homa in the city and state OF New
York.
BE IT FURTHER RESOLVED.
That the Chairman of this Town.
ship Board be, and is hereby In.
struclcd TO appoint or have the prop
er authorities appoint the required
number Of Clerks and Judges for
the several precincts to conduct the
. election TO be held for voting said
IsaNH V11l -
Bonds. and that said Election Board
be instructed and properly sworn
before entering upon their duties as
such election officers
RE IT FURTHER RESOLVED.
That the Township Board enter iuto
an agreement with the Oklahoma
Bond a Trust Company. a corpora.
tion for the purchase OF the pro
! posed issue OF bonds To be issued
by the said Township. such con.
tract for the purchase ~ said bonds
20 be made subject 10 the result Of
The election 10 be- called and held
in said Township
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 was agreed to and
signed by the Township Board of
Lone Grove Township and by the
Oklahoma Bond Il Trust Company.
by its 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 TO issue bonds
OF said township In the sum OF Ten
Thousand tSlOOO0OO Dollars. said
bonds TO be payable in Twenty five
Jej) years from their date and to
De- rcdcomahle at and after Ten OOl
years from their date: said bonds
bearing Six DGD per cent interest
from their date until paid. the in.
torest payable scmiannually. and
WHEREAS, the said township
board and the Oklahoma Bond 4
Trust Company, OF Guthrie. Okla.
homa, a corporation acting by and
through its agent. V. \. Niblack.
have entered into this contract
whereby the said township board
hereby agrees 20 sell said bonds 70
said Bond 4 Trust Company at a
premium OF Two ,") Nov cent OF
it's face value llO2 per cent? totaling
Ten Thousand, Two Hundred $50.
200OO) Dollars for said issue and
the said Oklahoma Bond 4 Trust
Company agrees 20 accept said is.
sue and To pay therefor One Hun.
dred and Two ClO2) per cent ot the
face value of said bonds. in all the
sum OF Ten Thousand, Two Hun,
dred slO20oOo) Dollars.
The oklahoma Bond a Trust Com.
pauy agrees 70 furnish az It's own
expense all papers necessary TO be
used hy the township board In pre-.
pairing for the bond issue aforesaid.
and also aE;,es 20 furnish a; Us own
expense blank form ot bond. but
the township board agrees 20 pay
tho expense of printing said bond
I, is further agreed that the town
ship board will furnish 70 the Ok.
haoWl BOND a Trust Company AZ
'ha expense W the township board
,rraucd copies a.. All the papers
used u connection with the bond
issue tu any manner whatsoever.
which shall show proper authority
tnr Che issuance os che bonds ana
rceuaHy I'm the proceedings. which
shall ha delivered 90 ,ha said Bond
4 Trus, Company p-.o- 20 the prep.
aratou ot the copy O., the bond.
Upon said bonds being duly and
lawfully executed. audited and res.