The copper era and Morenci leader., 1911-12-01

IS the county seat or SalQ county ana for the purpose of purchasing grounds therefore and fencing same.
 Now, therefore, It Is ordered that the negotiable coupon bonds of the said County of Greenlee, Territory of Arizona, be issued in the aggregate ($50, ,00O.00,) said bonds shall consist of 50 bonds for the sum of One Thou sand Dollars ($1OO0.OO) each, shall be dated the 1st day of January, A. D. 1912, shall bear interest at the rate of 6 per cent per annum, payable semi annually, both principle and interest payable at the office of the County Treasurer of the County of Greenlee, Territory of Arizona, in gold coin, lawful money of the United States of America, of the present standard of weight and fineness; said bonds to be signed by the chairman of the Board of Supervisors. attested by the Clerk under seal thereof, and regis tered by the said treasurer of Green lee county, Territory of Arizona; said coupons shall be signed chairman of the Board of Supervisors, attested by the Clerk and it is further ordered that the bonds and coupons shall be substantially in the following form, to-wit:
 No..... The County of Greenlee in the Territory of Arizona, for value re- caived, promises to pay to .... ol order, at the office of tie Treasur- CT of said County in Clifton, Greenlee County, Territory of Arizona, on the first day of January 1897, or at any time before that date, at the pleas ure of the County, the sum of One Thousand Dollars in gold coin of the United States of America, with inter- est at the rate of Six per cent per an mum, payable at the office of the Coun ty Treasurer, of Greenlee County, Ter ritory of Arizona, semi-annually on the first day of July and January, in each year on presentation and surren- der of the interest coupon hereto at tached. This bond is issued by the Board of Supervisors of the said GreenIee County, under provisions of Chapter Two of an Act of the Legis- lative Assembly of the Territory of Arizona, entitled An Act Concerning Counties, their Boundaries and Offic- ers," approved 9th day of March 1887, and in conformity with a resolu- tion of said Board, dated the 17th day of November, A. D., 1911.
 In testimony whereof the said Coun- tv Inv i+c Board Of S11DarviS0rS has caused this bond to be signed by the chairman of the board and attested by the Clerk of the Board, with the Coun- ty seal attached, this. day off,. A. D., 191...
 
 Chairman of the Board of Supervisors Attest:
 Clerk of the Board of Supervisors.
 And the interest coupon shall be in the following form:
 $......- .-. The Treasurer of Green lee County, Territory of Arizona, will pay to the holder hereof, on the. day off,. A. D., 191.. at his office in Clifton, Greenlee County, Territory Ol ATlLOhdy HI lS lCOlldl D. SOlo SOih for interest on County Bond No..... issued under the provisions of Chap ter Two of an Act" Concerning Coun- ties, Their Boundaries, Government and Officers" approved 9th day of March, 1887. aiR Chairman of the Board of Supervisors Attest: , .-zA
 
 Clerk of the Board of Supervisors.
 And it is further ordered that at the time of making the levy of taxes for County purposes, the Board of Super visors shall annually for the purpose of paying the interest upon said bonds and for the :, purpose ofLcreating a sinking fund for the payment of said bonds, levy a tax upon the taxable property in said County of Greenlee, Territory of Arizona, sufficient to pay the interest upon said bonds and to pay annually. such proportion of the that at the end of five years the sum raised from such levies shall equal at least twenty per cent of the amount of bonds issued; at the end of ten years at least forty per cent of the amount and ta and before the date of maturity of said bonds shall be equal to the whole amount of the princi- pal and interest. And any money so levied shall be collected and paid into the County Treasurer and placed to the credit of the Building Bond Fund of said County, and be used for the payment of the principal and interest. 1n said bonds and for no other pur-