La Junta tribune., 1909-10-30
ELECTION NOTICE.

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 twenty ninth day
OF May A. ID. 1906. and also the mon.
ey provided ty issue OF bonds auth.
orized by vote. at the election held
on Monday the ninth day OF Novem.
ber A. d. 1905. have become e1.
I hausted by expenditures authorize.
7 by statutes. and.
! Whereas 1t 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 capac.
| ity for the use OF the Otero lrriga.
ton District. 1t has been estimas ed
and determined by the board Of di-
rectors OF the said the Otero Irrisa.
ton District. that the amount OF
money necessary 10 be raised for
the purpose OF improving and enlarg.
Ing the Otero canal is the sum Of
one hundred thousand dollars, and
tha, the amount OF money necessary
to be raised for the purpose OF de-.
yelopiny additional reservoir or s,or.
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 thous.
and dollars. and.
Whereas, said money must 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 J. 1905. and the acts
amending said statute. and to run
for period OF twenty years ~ spec
ified 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 installments as
follows. io-wit: AT the expiration OF
eleven years. not less than five per
cen, OF said bonds. at 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 eXpir-
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
AZ the expiration OF seventeen years.
not less than eleven per cent OF said
bonds. at the expiration OF eighteen
years. not less than thirteen per
cent OF said bonds: at the eIptA-
ton OF nineteen years. not less than
fifteen per cent OF said bonds. at
the expiration Of twenty years. a per
centase 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
semiannually on the first day Of
June and December OF each year.
That AT a regular meeting OF said
district. In the city OF La Junta. on
the 9th day OF october. A. d. 1903. u
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 lie issued. and the
amount so determined. and a. 10
whether said district shall improve
and enlarge the otero canal, and
also as 10 whether said district hall
develop additional reservoir or stor.
age capacity for the use Of said
district.
And II 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 I'd day OF
November. A. ID. 1909. between the
hours Of O'Clock q. m. and o'clock
p. IN. for the purpose OF determining
the matters hcrcinbefore set forth.
and that the secretary OF said dis.
trlct cause notice Of such election.
signed by the president and secre-
tAry Of said board and under the
seal Of said district. to be posted In
three public places In each precinct
within said district. 1t least txenty
days before said election. and also
. notice TO BE- posted In the office
OF the board OF directors OF said