The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-30

luton was then read in full by the
clerk.
Moved by J. II. Kuntz. and seconded
by J. NJ. Arnold that said resolution
and order as read. be adoptcd
On roll call the motion was carried
by the following Ayes. VI. A.
Stansbcrry, j. II. Kuntz. J. VI. Arnold.
Noes" none.
The resolution was by the prosi.
dent declared duly adopted and or.
dcrrd 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 con
pom bonds OF school district No. 81.
Carter County, Oklahoma, to the
amount OF s. 10000. for the purpose OF
funding a like amount OF the legI
outstanding warrant indebtedness OF
said school district, prescribing tie
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 a 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 cor
porate duly organized and existing un-
der and by virtue OF the laws and
constitution OF the state OF Oklah
ma. has a valid and binding oct
standing Indebtedness to the amount
of s2GO00O, incurred I or lawful
school district purposes and within
the constitutional and statutory lim!'
tation evidenced by warrants OF said
school district regularly issued by its
board Of directors in strict coml L.
ance with law, being warrants MN
tcred as lOllOWS, lo-WlJ'
No. ], July Q, 1908, $4,000.
No. 7. oct. 80, 1908, s303.75
No. 80, Feb II, 1909, sl,O7SOO
No. sc. March s. 1909. s57G93.
No. 70, April ., 1909, $4,000.
No "A, April .. 1909, $23i.sG.
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 It's
treasury available for the purpose
ard said school di-trict through its
board OF directors has entered into
an agreement with the owners OF
said warrants for the fundment and
payment of the said by the issuance
OF the negotiable coupon bonds o
said district at not less than par e
the aggregate amount OF 100000, al
T may properly and lawfully be done
/ under and pursuant TO the provisions
} Of the constitution of the state o
. Oklahoma and an act OF the gsla
live tfn'lllbAg VI NAi' 90 AAAbH = VI D's
/. lahoma. entitled. IAN act TO enable
counties, municipal corporations ant
J. boards OF education Of any city O.
school district 10 refund their indebt
}. edness." Approved March 18th, 1905
and extended in force in the state 0
g Oklahoma by the constitution there
J. OF.
!, Now Therefore be II Resolved AM
e Ordered by the Board OF Directors o
G School District No, 81. Carter Coun
j ty Oklahoma:
4 Section /. That the clerk OF salt
e school district No 2l Carter County
!. State OF Oklahoma, be and he 1
}. hereby authorized and directed I,
i give notice for ten days by publica
:. tion in the Ardmoreite. a newspape
o published in the city OF Ardmore tn
a County Seat OF Carter County, an,
j OF general circulation in said county
o and by posting In at least five publ
}, places in said school district that sat