Arizona republican., 1913-10-24

terest at the rte of five per cent
 Der annum, interest thereon shall be paid semi-annucIly on the first day of January and July of eacn year af- ter their issuance. Principal and in terest shall be paid in lawful money Of the United States of America in the office of the City Treasurer of the City of Phoenix, MaricOpa Coun- ty. State of AriZOn2, 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 maybe designated by the Common Council 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 sad bonds are 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 at 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- i nix Autographed or printed thereon, 1 provided that it shall not be neces-
 sary to impress upon such coupons
 the seal of said City of Phoenix. Said bonds shall be sold by The i Common Council If the City of PhOe-
 nix at a regular or special meeting called for that purpose after caus- 1 ing to be entered upon the records of said The Common Council of the l 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 conSecu- tive weeks before said sale in such daily or weekly newspaper or news papers as may be designated by
 said The Common Council of the
 City Of Phoenix, together with a no
 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 sealed proposals received by them and shall award the purchase O said bonds to the highest and best responsible bidder, provided that nooe of said bonds shall be sold for less
 than par with accrued interest; and all bids or proposals received for the
 purchase of said bonds or other evi- dences of indebtedness shall be ac-
 COmpanied by a certified check not
 less than five per cent c per cent of the total amount of said bid and
 rT-1. ,-.-
 of Phoenix shall reserve the right to
 reject any and all bids, and all such
 certified checks accompanying bids
 which are not accepted and whicn 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 Phoenix and shall b. for
 feited in the event that such bidder shall not carry out the terms Ot
 the contract, provided herein to be
 entered into. The City Recorder of
 the City of Phoenix shall enter upor
 the record of the proceedings ct
 The Common Council of the Civ of Phoenix the amount of bonds sold, their numbers and dates.
 Second: That said election shal , be held on the 26th day of NOVe11- Der, A D. 1913, between the hours of o'clock in the forenoon and {
 o'clock in the afternoon of that da.
 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 ot
 said City of Phoenix to be hereafter s named by said Common Council an6
 the ballots used at said election shal
 be substantially in form and have s printed thereon the words and fig , ures as follows:
 I FUNDING, PARK. STREET M , PROVEMENT. FIRE DEPART MENT IMPROVEMENT AMI f STREET LIGHTING BOND ELEC- f TION, CITY OF PHOENIX.
 f To vote for the issuance of bonds r place an x in the square under thu 2 word Yes
 f To vote against the issuance O bonds, place an x in the squar' r under the word ''No."
 : Shall bonds be issued by the Com