Daily Arizona silver belt., 1909-04-23
PROCEEDINGS IN REFERENCE TO BOND ISSUE BEING RUSHED
 ON FAST TIME.
BOND ORDINANCE IS PREPARED
MANY BUILDING PERMITS GIVEN AND ANNEXATION OF SOUTH
 GLOBE DISCUSSED.

Tn Oruer tO prevent any possibility of hitch in the sale of the water works bonds, which might delay the payment of the $2O0,o00 which is to be raised for the purchase and improve ment of the Pinal Mountain Water company's system and prevent the talk ing over of the property at the proper time, on or before the tenth of May, the necessary red tape is being gone through with in fast time by the city council.
 At last night s meeting, volumin- ous ordinance covering the sale of the bonds to Ulen, Sutherlin & Co. was read to the council. The ordinance was drafted by the company which is to take over the issue, but it is necessary to make some additions to the docu- ment, and the ordinance was referred to the finance committee, to be properly corrected.
 This committee, consisting of Alder men Higdon, McNeil and Van Slyck, the latter acting for Feland, will meet today and put the ordinance in shape. At special meeting tonight, it will be adopted.
 As the money must be paid over in little more than two weeks, no time must be lost in securing the money. It is hardly likely that the bonds can be secured before the first of May and at least 8 week longer will be required to secure the money.
 A disposition to allow the proceedings to drag was manifest by part of the council last night. The statement of Pat Rose to the effect that the city would never get the water works if the option were allowed to lapse even ten minutes brought the tagging ones to time and special meetings to close up the deal were arranged at once.
 Attorney Rawlins, representing the water company, appeared before the council with request that the city make all collections for the month of May and pay the water company its proportion of the monthly water rents. He asked that this be done, he stated, l dS II NUulu Dt TUT but COh- pany to collect for a part of the month. | If the city takes over the plant on the tenth of the month, one-third of the revenue will belong to the water com pany. The council assured Rawlins that they would look out for the collee tions.
 Permits were issued to Sultan Broth CTS for their building on Broad street adjoining the courthouse; to William Sobey for the erection of & one-story concrete building and to James Bracco for altering his sidewalk. Charles Mar tin was also granted q permit for erect. ing a building in the rear of the Iris theater. The building now occupied by Martin will be torn down and moved across the alley to another lot. The annexation of South Globe has not been taken up by the council as yet, as the city attorney, has not se- cured the necessary data to be used in drawing up the petition to be circulated among property owners in the district which it is proposed to annex. The city attorney stated last night that as the property of the Gila Valley ! railroad was not taxed in this county, but was assessed at Tucson for the whole line and a proportionate amount given to Gila county, that the company l would have little voice in tine matter of annexing the new district. The com pany has objected to the annexation in the past and may do so when the matter comes up again.