La Junta tribune., 1909-10-16
ELECTION NOTICE.

money provided by issue OF bonds
held on Tuesday. the twenty-third
day OF September A d. 1902. and the
money provided by issue Of bonds
authorized by vote, at the election
held on Tuesday the t1ep'y-ninth day
of May A ID. 1906. and also the mon
ey provided hy issue o. bonds auth
orized by vote, at the election held
on Monday the ninth day OF Novem-
Der A. ID. 1905. have become ex-
hausted by expenditures authorize
by statutes, and.
Whereas IL becomes necessary TO
raise additional money for the pur-
pose OF improving and enlarging the
Otero Canal. and for developing ad-
ditional reservoir or storage eapae-
ity for the use OF the otero irriga-
ton District. Il has been estimated
and determined BY the board OF di-
reetors Of the said the Otero lrriga-
AADb A'AsAAi ~ AhA% AA' "a
money necessary TO be raised for
the purpose of improving and enlarg-
ing the otero canal is the sum OF
one hundred thousand dollars. and
that the amount OF money necessary
10 be raised for the purpose Of de-
yeloping additional reservoir or stor-
age capacity for the use OF the Otero
Irrigation District is the sum of
fifty thousand dollars. making a
total OF one hundred and fifty ,hous-
and dollars. and.
Whereas. said money mus, be
raised BY issuing the bonds OF said
district. the same to be issued in
accordance with the provisions OF
the statute OF the State Of Colorado,
in relation to irrigation districts. ap-
proved May 3. 1905. and the acts
amending said statute, and to run
for period OF twenty years as spec
flied In said statute and TO consist OF
three hundred bonds Of five hundred
dollars each and that said bonds
shall be payable In lawful money OF
the United States. in insiallments as
follows. to-vit: AT the expiration Of
eleven years. not less than five per
cent OF said bonds. al the expiration
Of twelve years. not less than six per
cent Of said bonds, at the expiration
of thirteen years, not less than seven
per cent of said bonds: at the erpir-
alton OF fourteen years. not less than
eight per cent of said bonds. at the
expiration Of fifteen years. not less
than nine per cent Of said bonds. at
the expiration OF sixteen years. not
less than ten per cent Of said bonds
al the expiration Of seventeen years.
not less than eleven per cent OF said
bonds. al the expiration Of eighteen
years, not less than thirteen per
cent Of said bonds. at the cSpira.
ton o. nineteen years. not less than
fifteen per cent OF said bonds. at
the expiration OF twenty years. per
oentage sufficient TO pay off the re-
mainder OF said bonds. That said
bonds shall bear interest at the rate
OF six per cent per annum. payable
semi.annually on the first day OF
June and December OF each year
That AT a regular meeting Of said
board. held at the office OF said
district. Ia the city OF La Jun,a. on
the 9Th day OF October. A. d. 1903. n
special election was called by said
board. at which shall be submitted
to the electors of said district pos
sessing the qualifications prescribed
By said statute. the question Of
whether or not the bonds Of said
district shall he issued, and the
amount SO determined. and a. TO
whether said district shall Improve
and enlarge the Otero canal, and
also as TO whether said district shall
develop additional reservoir or stor.
age capacity for the use Of said
district.
And It was further ordered by the
board that said special election be
called and be held IN said district,
at the voting places hereinafter men.
toned. on Tuesday. the "a day OF
November. A. ID. 1903. between the
hours OF o'clock a m. and o'clock
p. IN. for the purpose OF determining
the matters herelnbefore set forth.
and that the secretary OF said dis.
trlct cause notice OF such election.
signed by the president and secrc-
tary OF said board and under the
seal OF said district. to be posted In
three public places In each precinc,
within said district. at least twenty
days before said election. and also