La Junta tribune., 1909-10-23
ELECTION NOTICE.

held on Tuesday. the twenty.third
day of September A. d. 1909, and the
money provided by issue OF bonds
authorized by vote. at the election
held on Tuesday the twenty-ninth day
OF May A. d. 1906. and also the mon
ey provided ly issue Of bonds auth
orized by vote, at the election held
on Monday the ninth day OF Noyeu,.
ber A. d. 1908, have become ex-
haus;ed by expenditures authorize.
by statutes. and,
Whereas II becomes necessary 10
raise additional money for the pur.
pose Of improving and enlarging the
Otero Canal, and for developing ad-
ditionai reservoir or storage capac-
ity for the use OF the Otero Irriga.
ton District, 1t has been estimated
and determined by the board OF d.
rectors of the said the Otero lrriga-
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
that the amount Of money necessary
l to be raised for the purpose OF de-
yeloping additional reservoir or stor.
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 3. 1905. and the acts
amending said statute. and to run
for period Of twenty years as spec
flied 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 installmen,s as
follows, to-wit: AT the expiration OF
eleven years. not less than five per
cent 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 e1pir
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.
at 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 expira-
ton OF nineteen years. not less than
fifteen per cent OF said bonds. at
the expiration OF twenty years, a per
centage sufficient to pay off the re-
mainder OF said bonds. Thai said
bonds shall bear. interest at the rate
OF six per cent per annum. PAYABLE
seml-annually on the first day OF
June and December OF each year.
That at a regular meeting of said
board, held at the office OF said
district. in the city OF La Juna. ON
the 9Th day OF October. ). u, 1903. a
special election was called by said
board. at which shall be submitted
10 the electors OF said distriu, pos.
sessing the qualifications prescrlbed
by said statute. the question OF
whether or not the bonds Of said
district shall lie issued, and the I
amoun, SO determined. and as to
whether said district shall Improve
and enlarge the otero canal. aud
also a. TO whether said district shall
develop additional reservoir or s,or.
age capacity for the use O, said
district.
And Il 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 S o'clock a, IN, and 6'clock
p. m. for the purpose OF deteru ming
the matters herclnbeforc set forth.
and that the secretary OF said dis.
triet cause notice Of such election.
signed by the president and seerc.
tary OF said board and under the
seal OF said district. to be posted In
three public places in each precinct
within said district. at least tVcnty
days before said election. and also
a notice to be posted In the office
Of the board Of directors OF said
.srl. ...A 49, =