The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-29
MEETING OF TOWNSHIP TRus-
TEES OF LONE GROVE
TOWNSHIP.

Meeting OF the Township Trus.
tees, held June lG 1909. Present: D.
" Yocum. chairman. presiding; F
M Byrd Clerk. aad Caas H. Bigb!e,
Treasurer
The meeting after being called 70
order by the chairman the question
Of making provision for holding
an election OF the qualified electors
OF the Township Of Lone Grove for
the purpose OF submitting 20 the
qualified electors the question o; is.
suing bonds In the sum OF Ten
Thousand slo.O0O0Oj Dollars for
the purpose O; road improvement
ia said Township having been dis
cussed. the following resolution was
presented read and Iuaily adopted:
WHEREAS. lt appears that the
Township OF Lone Grove, In the
County Of Garter and State o. Okla
homa. has authority TO issue bonds
not ia excess Of three 90 per cent
Of the assessed valuation OF taxa
bic property OF said Township. as
authorized by an act OF the Leg.
islature. approved March 2Oth. 1903.
and whereas II appears that there
Is a public demand By the taxpay.
ers Of said Township for the bet.
terment and Improvement OF Ger.
tain roads in said Township. and
that a publ, necessity exists for
the Improvement and betterment OF
these roads, therefore:
BE IT RESOLVED. That the
Township Board being now in reg.
ular session and having under dis.
cussion the question OF proyldirg :
means for the improvement, of tie
roads In said Township proceed 20
submit the question a; an election
20 be held In all the voting precincts
Of said Lone Grove Township on
'Ho 2Sth day OF July. 1909
BE IT FURTHER RESOLVED
That the Clerk O. this Board is
hereby instructed 10 post ten lOl
Bond Election Notices in ten lO)
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 sf0.OO0OOD
Dollars. PAYABLE n twenty-five (2jl
years, but redeemable in ten GO)
years. said bonds 70 bear six Co
per cent interest. the interest being
payable semi-annually, both princi.
pal and interest payable at the Els.
cal Agency for the State OF Okla.
homa in the city and State OF New
York
BE 1T FURTHER RESOLVED.
That the Chairman OF this Town.
ship Board be, and is hereby IN.
structed TO appoint or have the prop
er authorities appoint the required
number Of Clerks and Judges for
the several precincts 10 conduct the
election 10 be held for voting said
Township Road and Improvement
Bonds and that said Election Board
be instructed and properly sworn
before entering upon their duties as
such election officers
BE 1T FURTHER RESOLVED.
That the Township Board enter 'utc
an agreement with the Oklahoma
Bond & Trust Company, a corpora.
ton for the purchase OF the pro.
posed issue OF bonds 10 be issued
by the said Township, such con.
tract for the purchase Of said bonds
10 De made subject 70 the result Of
the election 20 be 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 10 and
signed by the Township Board OF
Lone Grove Township and by the
Oklahoma Bond 4 Trust Company,
by its agent V. 4. 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 sum ot Ten
Thousand CslO,OOOOO) Dollars. said
bonds 20 be payable In Twenty-Five
t25l years from their date and to
be redeemable at ana after Ten C0)