The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-29

other details of the issue. Said rcso.
luton was then read in full by the
clerk.
Moved by T. II. Kunt2, and seconded
by ]. VI. Arnold that said resolution
and order as read, be adopted.
on roll call the motion was carried
by the following Ayes, VI. A.
Stanshcrry, J. H. Kuntz. j. VI. Arnold.
Noes" none.
The resolution was ~ the prcsl.
dent declared duly adopted and or.
derod 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 cor.
pom bonds of school district No. 81.
Carter County, Oklahoma to the
amount of s2,GOO.0O, for the purpose OF
funding a 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 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 e,
Carter County, Oklahoma, a body cCr
porate duly organized and existing uu.
der and by virtue OF the laws ant
constitution OF the state OF Oklah'
ma. has valid and binding oct
standing Indebtedness 20 the amount
Of s2GOOO0, 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 conn L.
ance with law. being warrants nIl
tercd as follows. to-wt
No. l, July Q, 1908. $4,000.
No. :. oct. 30, 1908, s3O3.75
No. 80, Feb IL, 1909, 81 1,O7SOO
No &C, March 8, 1909, s57693.
No. 70, April Q. 1909. $4,000
No. "A, April 3, 1909. s23is6.
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 It's
board OF directors has entered into
an agreement with the owners OF
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 tC
= the aggregate amount OF 100000, al
may properly and lawfully be don'
under and pursuant 10 the provisions
of the constitution OF the state o
Oklahoma and an act OF the leg sla
q tive assembly OF the Territory OF Ok
o lahoma, entitled. "An act to enabl,
counties, municipal corporations an,
boards OF education of any city o
school district 20 refund their indebt
edness." Approved March 1lth. 1906
4. and extended in force in the state o
Oklahoma by the constitution there
, Of
/. Now Therefore be II Resolved ant
, Ordered by the Board OF Directors o
? School District No. q, Carter Coun
? ty, Oklahoma;
Section /. That the clerk OF saic
I school district No. 81 Carter County
, state OF Oklahoma, be and he f
. hereby authorized and directed t
+. give notice for ten days by publlca
f.. ton i'm the Ardmoreite, a newspape
p. published in the city OF Ardmore thu
} County Seat OF Carter County. anC
/ OF general circulation in said county
| and by posting In at least five public
} places in said school district that saiC