The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1912-12-06


attested by the Clerk Of said Court,
under the seal thereof; and there
after said bonds shall be delivered to
the Treasurer of said City in the man
ner and at the time required by law,
said bonds shall thereupon be duly
certified by the County Clerk and
County Attorney of Craig County, and
duly registered by the Clerk and Treas
, urer of said City of Vinita, by the
County Clerk of said County, and by
the State Auditor as required by law,
which officers shall endorse upon each
bond their respective certificates of
such registration; thereafter said
bonds shall be presented to the State
Bond Commissioners, for his approval
and endorsement and thereafter said
bonds shall be delivered to the purch-
aser of same from the Mayor and
Councilmen of said City upon payment
: of the purchase price thereof, which
shall not be less than par and accrued
interest; provided however, that none
of said bonds shall be issued and deliy-
cred until like amount of outstand-
ing warrants to be funded and paid
thereby shall be delivered up for can
collation. and cancelled
The Mayor, City Clerk and City At
torney of said City are hereby author
lied and directed on behalf of said
City to present the application and
petition of said City to the District
Court as aforesaid, and to submit
proof of the existence, character and
amount of the warrant indebtedness
hereinabove mentioned, and of the
ratification and approval of such in
Idebtedness by said City at an election
duly held for that purpose; and the act
and doings of said officers are hereby
declared authorized, ratified and con-
firmed.
Section T. That for the purpose of
providing the necessary funds to pay
interest on said bonds promptly when
and as the same falls due and also to
constitute and maintain a sinking fund
to be designated as ''rhe Funding
Bonds of 1913 Sinking Fund, sufficient
|! to discharge the principal of said bond
at maturity, there shall be and there
lis hereby levied on all the taxable
property in said City, in addition to
lall other taxes, the following direct
annual tax to-wit
In the year of 1918. tax sufficient
to produce the net sum of $1825,S6
being $1095.52 for interest due July
II, 1913 January l, 1914, July 1. 1914
and January /. 1915 and 1904 for
principal,
In each of the years 1914 to 1887,
both inclusive a tax sufficient to pro
duce the net sum of $547.76 for inter-
est ard S65.l7 for principal.
Said tax shall be and is hereby or
dered certified levied and extended
upon the tax rolls and collected by
the same officers and in the same
manner and at the same time as the
taxes for general purposes in each OF
said years are certified, extended and
collected, and all funds derived from
said tax shall be placed in said sink.
ing fund, which, together with all in
ttercst collected on same shall be ire
,vocablely pledged to the payment Of
the interest on and principal Of said
bonds when and as the same fall due
Section . That copy of this or
dirance signed by the Mayor Of said
lCity, a-d attcsted by City Clerk, shall
forthwith be fled with the Clerk OF
Craig County for the purpose of levy
ing such tax as herein provided.
Section {. That this ordinance shall
be in fun force and effect after its
passage. approval and publication in
the yinita Daily Chieftain
Passed by the City Council of The
City OF Vinita, Oklahoma on the 1911
day of November, 1912.
approved by the Mayor of the Cit,
Of vinita, Oklahoma on the 18th, da'
of November. 1912.
]. c. STARR,
,Iavol
Attest: A. II GREEN,
r,;4,- Clari,