La Junta tribune., 1910-04-23
ELECTION NOTICE.

money provided by the issue OF
bonds authorized by vote at the elec-
ton held on Tuesday the 23d day OF
September. AID. 1902. and the money
provided by the issue of bonds
authorized by vote at the election
held on Tuesday the 29th day Of
May. AID. 1906. and the money pro
yided by the issue OF bonds author.
ICED by vote at the election held on
Monday the sth day OF November, A.
ID. 1906, and also the money provided
by issue OF bonds authorized by
vote at the election held on Noyem-
ber ID. AID. 1909. which latter sum
was One Hundred and Fifty Thous.
and Dollars of which One Hundred
Thousand was for cnlarging
and improving the otero Canal, have
become exhausted by expenditures
authorized by the statutes and
Whereas II becomes necessary TO
raise additional money for the pur-
pose OF improving and enlarsing the
Otero Canal, for the use OF the
Otcro Irrigation District, II has been
estimated and determined by the
Board OF Directors OF the said the
Otero Irrigation District that the
amount OF money necessary to be
raised for the purpose OF improving
and enlarging the Otero Canal Is
the sum Of One Hundred and Fifty
Thousand Dollars. and
Whereas said money must be raised
by Issuing the bonds of said Dis
trict the same TO be issued IN ac-
cordance with the provisions OF the
Statute OF the State OF Colorado. In
relation TO Irrigation Districts, ap-
proved May Sd, 1905. and the acts
amending said statute. and to run for
period OF twenty years as specl-
fled In said statutes. and to consist
dred Dollars each. and that said
bonds shall be payable In lawful
money OF the United States. in series.
as follows. owit: Al the eIpira.
tlon Of eleven years. not less than
five per cent Of the whole amount
and number OF said bonds: at the
expiration of twelve years not less
than six per cent OF the whole amount
and number OF said bonds. at the
expiration OF thirteen years. not less
than seven per cent Of the whole
amount and number of said bonds /;
at the expiration Of fourteen years.
not less than eight per cent Of the
whole amount and number OF said
bonds. at the expiration Of fifteen
years, not less than nine per cent OF
the whole amount and number OF
+, said bonds. at the expiration OF six
teen years. not less than ten per
cent OF the whole amount and number
Of said bonds. at the expiration of
seventeen years. not less than eleven
per cent Of the whole amount and
number OF said bonds: at the az.
piration Of eighteen years. not less
than thirteen per cent OF the whole
amount and number OF said bonds /.
at the expiration o. nineteen years.
not less than fifteen per cent OF the
whole amount and number Of said
bonds. AT the expiration OF twenty
years a percentar. sufficient to pay
of the remainder of said bonds: that
the several enumerated percentages
be OF the entire amount OF the bond
issue: that each bond must be pay
able at the given ume for It's entire
that said bonds shall bear Interest at
the rate OF six per cent per annum,
payable semi 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 Dis.
triot. In the city of La Junta. Otero
County. Colorado. on IN. ?sth day OF
March. AID. 1910. a special election
was duly called by said Board. nj
which election there shall BE- submit
ted TO the electors Of said Distric,
possessing the qualifications preScrib
I'd by law. the question OF whether
or not the bonds OF said District shall
be issued. and In the amount 80 de,
termlncd. and as to whether said
Distric, shall improve and cnlarg
the o,ero Canal.
And /, was further ordered by said
Board that said special election be
called and held In said District n,
the voting places hereinafter mention
cd, on Tuesday the :sth day OF April.