Arizona republican., 1913-07-01

or dl Sicl bdnlN III the oltN or fnOe- nix, in said State and County. or in the City of New York, in the State of New York, or such place as may be designated by the Common Coun- cil of the City of Phoenix, at the option of the holder of said bonds: place of payment to be mentioned in said bonds and shall be made payable to bearer. and said bonds to be signed by the Mayor of said City of Phoenix and attested by the City Recorder thereof and have the seal of the said City of Phoenix attached thereto, and each bond shall have interest coupons attached thereto so that the same may be removed therefrOm without mutilat- ing the bonds for the semi-annual in terest to accrue thereon, which cOu- pOns shall have fac -simile of the signatures of the Mayor and Recorder of said City of Phoenix Autographed
 or printed thereon, provided, that it shall not be necessary to impress upon such coupons the seal of said City of Phoenix. Said bonds to be sold by the Common Council of the City of Phoenix at a regular or special meet ing called for that purpose after CauS- ing to be entered upon the record of said the Common Council of the City of Phoenix an order directing the sale of said bonds and the date and hour of said sale and shall cause a copy of said order to be published for at least four consecutive weeks before said sale in such daily or weekly newspapers as may be deSig-
 mated by said Common Council of
 the City of Phoenix, together with a
 Notice that sealed proposals will be
 received by it for the purchase of said
 
 n said order. Said The Common
 Council of the City of Phoenix shall
 at said time. and at d meeting to be held for such purpose, open all sealed proposals received by them and shall award the purchase of said bonds to the highest and best responsible bid der, provided that none of said bonds shall be sold for less amount than par with accrued interest, and all bids or proposals received for the purchase of said bonds or other evidences of in debtedneSS shall be accompanied by certified check not less than five per cent (53c) of the total amount of said bid and the Common Council of 1 the City of Phoenix shall reserve the l right to reject any and all bids and l all such certified checks accompany 1 ing bids which are not accepted and |
 
 to the parties rendering the same l Certified check so deposited by sue l cessful bidder shall be retained by 1 said Common Council of the City of | Phoenix and shall be forfeited in the | event that such bidder shall not carry | out the terms of the contract, proVid- | ed herein to be entered into The l City Recorder of the City of Phoenix l shall enter upon the record of the proceedings of the Common Council of the City of Phoenix the amount of bonds sold. their numbers and dates.
 Second: That said election shall be held on the 31st day of July \. D. 1913 between the hours of 6 o'clock in the forenoon and o'clock in the afternoon of that day at the regular voting places within the limits of said City of Phoenix to be hereafter desig- mated by The Common Council afOre- said and such election shall be con ducted by such election officers of said City of Phoenix to be hereafter named by said Common Council and the ballots used at said election shall be substantially in form and have printed thereon the words and figures as follows:
 FUNDING. PARK AND STREET lMPRON EM ENT BOND ELEC1IO4\ CITY OF PHOENIX.
 To vote for the issuance of bonds, place an K in the square under the word Yes"
 To vote against the issuance of bonds, place an x in the square under the word No"
 The indebtedness of the City of Phoenix now being in excess of four per centum of it's taxable property. shall bonds be issued in the sum of i One Hundred and Seventy-five Thou sand Dollars (s175. 5.000.00) for the pur- pose of funding floating indebtedness up to July l, 1913, amounting ap- 1 to One Hundred and Twenty-Five Thousand Dollars (s125,- O00.00), for providing a fund to the amount of Twenty-Five Thousand Dol lars ($25, ,000.00) in purchasing two or more tracts of land for public parks | in the City of Phoenix, and for pro- viding a fund to the amount of Thousand Dollars ($25,- DOO.OO) for street Improvements.