Arizona republican., 1913-11-10

be mentioned in said bonds, and shall 1 be made payable to bearer and said 1 bonds are to be signed by the Mayor 1 of said City of Phoenix and attested 1 by the City Recorder thereof, and ] have the sea. of the said City of Phoenix attach thereto, and each 1 ond shall have interest coupons at l taChed thereto so that the same may be removed therefrom without mu- tilating the bonds, for the semi annual interest to accrue thereon, which coupons shall have a fac-si- mile of the signatures of the Mayor and Recorder of said City of Phoe- nix Autographed or printed thereon, provided that it shall not be neces- 1 sary to impress upon such coupons the seal of said City of Phoenix i Said bonds shall be sold by The l Common Council of the City of Phoe- nix a a regular or special meeting ] called for that purpose after caus- ! ing to be entered upon the records of said The Common Council of the i City of Phoenix 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 cOnsecu- ] tive weeks before said sale in such daily or weekly newspaper or news i papers may be designated by said The Common Council of the i City of Phoenix, together with a mo- 1 tice that sealed proposals will be received by it for the purchase of said bonds on the date and hour named in said order Said The Com mon Council of the City of Phoenix shall at said time, and at a meeting to be held for such purpose, open all sea ed proposals received by them and shall award the purchase ut said Eonds to the highest and best i responsible bidder. provilcG that none i of said bonds shall be sold for less amount than par with ac- 1 crucd interest; and all bids or proposals received for the pur- chase of said bonds or other evil dences of indebtedness shall be ac- companied by a certified check not
 less than five per cent G per cent) of the total amount of said bid and The Common Council of the City of Phoenix shall reserve the right to reject any and all bids. and all such certified checks accompanying bids which are not accepted and which are rejected, shall be returned to par ties rendering same.
 Certified check so deposited by the successful bidder shall be retained by said The Common Council of the City of Ph h0enix and shall b. for feited in the event that such bidder shall not carry out the terms of
 the contract, provided herein to be entered into. The City Recorder of the City of Phoenix shall enter upun
 the record of the proceedings Cf 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 26th day of Novetn-
 Der, A. D. 1913, between the hours of o'clock in the forenoon and s o'clock in the afternoon of that day at the regular voting places within
 the limits of said City of Phoenix,
 to be hereafter designated by the
 Common Council of the City of Phoe-
 nix, 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 fig
 ures as follows:
 FUNDING. PARK, STREET IM-
 PROVEMENT. FIRE DEPART
 MENT IMPROVEMENT AND
 STREET LIGHTING BOND ELEC-
 TION, CITY OF PHOENIX.
 To vote for the issuance of bonds,
 place an x in the square under the
 word Yes"
 To vote against the issuance of bonds, place an x in the square
 under the word No"
 Shall bonds be issued by the Com
 mon Council of the City of Phoe-
 nix for the following purposes and
 in the following amounts:
 Funding Bonds for the purpose of
 funding the floating indebtedness of
 the City of Phoenix up to July l,
 1913, amounting to approximately One Hundred and Twenty Thous- , and Dollars ($125, 5,000.00). Said bonds
 to be issued to the amount of One Hundred and Twenty five Thousand 7 Dollars.
 l ($125, OOO00).