Arizona republican., 1913-09-20

paN off such bonds Tn tnelf nuInerl- cal order at the rate of Twenty-Five Thousand Dollars tS25.O0O.0o) thereof
 per annum from and after the eX
 piration of ten 10) years from their date. all of said bonds to bear interest
 at the rate of five per cent per an
 mum: interest thereon shall be paid
 semi annually on the first day of
 January and July of each year after
 tfeir issuance. Principal and interest
 shall be paid in gold coin of the
 United States of America in the of
 flee of the City Treasurer of the City Of Phoenix, AIaricopa County, State
 of Arizona. or at such Bank in the
 City of Phoenix. 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 Council of the City of Phoe-
 nix 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 are to be signed by the Mayor of said City of Phoenix and at tested by the City Recorder thereOt and to have the seal of the said City O. Phoenix attached thereto, and each bond shall have interest coupons at
 
 be removed therefrom without mutt ] Ia ating the bonds for the semi annual interest to accrue thereon, which coupons shall have a fac-simile of the signatures of the Mayor and Re coIder of said City of Phoenix lithO- graphed or printed thereon, provided, that it shall not be necessary to inn press upon such coupons the seal of said City of Phoenix Said bonds shall be sold by the Common Council of the City of Phoenix at a regular or special meeting called for that purpose after causing to be entered upon the record of said The Common Council of the City of Phoenix an l order directing the sale of said bonds l and the date and hour of said sale 1 and shaH cause q copy of said order 1 to be published for at least four | consecutive weeks before said sale in 1 such daily or weekly newspaper or | newspapers as may be designated by i said The Common Council or the City l of Phoenix, together with notice l that sealed proposals will be received l by il for the purchase of said bonds 1 on the date and hour named in said l order. Said The Common Council of
 the City of Phoenix shall at said time,
 and at meeting to be held for such l purpose. open all sealed proposals re- 1 Ceived by them and shall award the | purchase of said bonds to the high ! est and best responsible bidder, pro- l Vided that none of said bonds shall l 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 indebtedness shall he accompanied by 1 q certified check not less than five i per cent c 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 ali bids and all such certified checks l accompanying bids which are not ac- cepted and which are rejected. shall he returned to parties rendering the same. Certif ed check so deposited by the successful bidder shall be retained by said The Common Council of the City of Phoenix and shall be for feited in the event that such bidder shall not carry out the terms of | the contract. provided herein to be the City of Phoenix shall enter upon
 the record of the proceedings of The Common Council Of the City of Phoe- nix the amount of bonds sold, their numbers and dates.
 Second: That said election shall
 hc held on the 11th day of October. \. b. 1913. between the hours of 6 l o'clock in the forenoon and o'clock l in the afternoon of that day a the regular voting places within the linn l its of said City of Phoenix 10 be hereafter designated by The Common Council of the City of Phoenix and 1 such elections shall be conducted by
 such election officers of said City of | Phoenix to be hereafter named by l said The Common Council and the ballots used at said election shall be | substantially in form and have print 1 eG thereon the words and figures as 1 follows: