Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1913-11-25
NOTICE OF ELECTION, ABERDEEN
SCHoC1, DISTRICT NO. S, FOE
WALTZ TING INDEBTEDNESS AND
FUNDIGG SAME

FUND1-SG SAME
NOTICE Is HEREBY GIVEN: That
at r'eeting of the Board of Directors
of Aberdeen School District No. ). held
on this 1ith day of November, 1913.
at the hour Of i:$o O'Clock p; m. of
passed and adopted towit:
RESOLUTION
WHEREAS 1t appears to the Board
of Directors Of Aberdeen School Dis
trict No. 5, Chehals County, Wash
ington, that there is outstanding against
said Aberdeen School District No. 5,
general fund warrant indebte lness
amounting to s96.0S5.S3. principal. upon
general fund warrants heretofore is
sued and outstanding and unpaid, in
GLIDING tdSd warrants Nos. 1887: issued oc-
Der rs, 1913, inclusive. all of said war
rants Is aggregating the aforesaid sum of
AND WHEREAS Doubt exists as to
the Indebtedness represented thereby.
the only ground of invalidity Of such
indebtedness being that at the time of
the mourning or attempted mourning
other then existing Indebtedness Of
said School District may have exceeded
one and one-half per centum Of the
taxable property in said School Dis
AND WHEREAS 1t is desired to sub
nit to the electors of said Aberdeen
School District No. the question Of
general fund warrant Indebtedness,
hereinbefore described. and also the
further question Of refunding said gen
ISSUANCE ceo of necotiabs coSpnn bonds to
the amount of said general fund war
rants and interest; THEREFORE,
BE 1T RESOLVED BY the Board of
No. 5. Chehahs County. Washington,
at meeting thereof held on this 14th
day Of November. 1913. at the hour
Usual place. Of p meeting sa in aSs M
WeatherwaX High School Building, as
follows:
That an election of the qualified cleo
5. Chehals County. Washington. shall
be and the same is hereby called to
he held in said Aberdeen School Dis
ber t' 1913 a at wh is SECTION cleo H the follow
ing propositions shall be submitted to
the electors of said Aberdeen School
District No. 5. Chehalis County, Wash
Of CHAPTER ter % o Of Title e' Is. being Sec
lions 1922 to 1929, inclusive. of Rem
and Statutes Of the State Of Washing
ton, there shall be, and there hereby
is submitted to the qualified electors
of Aberdeen School District No. 5, Che
ton. the question Of the ratification
and valuation Of the mourning and at
by said Of Aberdeen ABE
Fund of ssd
Aberdeen School District No. repre-
scented by general fund warrants Nos.
1857 to 57e4, INCLUSIVE issued BY the
between October Is. 1912. and October
%. 1913, inclusive. said warrant in
debtedness being Of the face value or
amount of ss6.o35.33, besides interest
question may. and does exist as to the
validity thereof. and the only ground
of the invalidity. of such Indebtedness
that at the time of the mourning or
attempted mourning thereof said in
debtedness. together with all other then
existing Indebtedness of said Aberdeen
ceeded one. and one-half per centum
of all of the taxable property in said
Aberdeen School District No. 5. as
shown upon the assessment rolls ap-
GbJ That there shall also be sub.
mitted to the qualified electors of said
Aberdeen School District No. 5, at said
election provided for in this resolution
the proposition of funding and retiring
the general fund warrant indebtedness
of said Aberdeen School District No.
sides interest, represented by said out
standing general fund warrants of said
School District numbered 1857 to 1874,
inclusive. in: the event that said war
said election. but in case said general
fund warrant indebtedness shall not be
ratified and validated at said election.
then this proposition to fund and retire
null and void: that said funding shall be
accomplished by the issuance of the
bearing negotiable coupon bonds
of Aberdeen School District No. to
an amount sufficient to fund, redeem
and retire all of said warrant indebted
ness of $96,035.33. besides accumulated
interest, hereinbefore described, with
interest to be computed thereon accord
ing to law. said bonds to be exchang
ed at not less than par value for such
general fund warrant Indebtedness and
ated. or to be sold at not less than par
value and the proceeds used exclusive
~ for the, purpose of funding and re-
firing such warrant indebtedness and
ratified and validated: that said propo-
sition to bond shall be. and the same
is hereby submitted to the qualified
electors of said School District under
the provisions of Chapter 30. Title IS.
being Sections 1922 to 1929. inclusive.
aemington 4 Ballinger's Annotated
Washington; that said bonds shall he
of denominations of $1,000. each, eN-
cept Bond No. /. which may be for
a less amount, and shall bear interest
per annum. interest payable mi-annu--
ally, and said bonds to be payable and
releemah'e at tho 0ff'nn &c Two "o''T-ft
treasurer of Chehans CursI,s t.. 49,
urer of the State of Washington, at
olympia, Washington, or at the fiscal
agency of the purchaser in the city of
chaser. and that all of said bonds here
in provided for shall be payable and re-
deemable twenty years after the date
That said Aberdeen School District No.
> shall have the option of redeeming
all or any portion of this issue of
bonds at any time after the first year
on any interest paying date.
Notice of said election shall be given
by. the secretary of said Aberdeen
School District. No. 8 by causing writ
ten or printed notices thereof to be
School District at least twenty days,
before such election. and said notice
shall also be published for the same
length of time in the Aberdeen Herald,
a semi weekly newspaper printed at ABB
erdeen. Washington; that the polls shall
be kept open between the hours of one
o'clock in the afternoon of said day.
and the ballot used for said election
may be substantially in the following
form:
(voter will express his choice by
placing x in the square oppo-
site the proposal favored by him).
PROPOSITION No. 1.-Shall Aber-
deem School District No validate
and ratify the outstanding general
fund warrant indebtedness amount
ing to $96,035.33, besides interest,
represented by general fund war;
rants numbered 1867 to 1874. in
elusive, issued on and between Oc-
tober Is, 1912, and October 25, 1913.
Validating and ratifying indebted