The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1913-05-08

Resolution authorizing the calling and
holding Of special election I'm the town Of
Beaver, Beaver County, Oklahoma, for the pur.
pose OF submitting to the qualified property
ax.payins voters OF said town the question OF
the Issuance Of the bonds Of said town in the
sum OF SS5, ,OO0O. for the purpose OF raising
funds with which to construct Watsrworks
System in sad town, providing the method for
conducting said election and declaring an emer.
sency.
whereas, Beaver is duly Incorporated and
existing town In Beaver County. Oklahoma,
aud owing to its growth and development, a
waterworkS System is necessary both for fire
protectlo and domestic and commercial uses,
aud
whereas from plans submitted and COT sid
cred by consulting with competent on-ineers,
the estimated cost OF said waterWorks system
suitable anu adequate for said town, will be
Si5OOO.0O and
Whereas, There are no funds in the treasury
Of said town available for the above purpose,
and
whereas, full authority and power Is given
by Section q, Article 10, OF the Constitution of
the State of Oklahoma, for obtaining the nee
essary funds for said purpose by the issuance
and sale OF the bonds of said town. providing
the same are authorized by the qualined prop
erty tux.paying voters OF said town at an cleo
ton duly called and held in said town for that
puri ose; Therefore
BE 1T RESOLVED ny THE BOARD ON TRUSTEES OF
BEAvFR CITY, BEAVER COUNTY, STATE OF ON
LAHoMA;
That the President OF the Board of Trustees
be- and lie is hereby authorized to call a special
election for the purpose OF submitting to the
qualified property tsx-paying voters oil SAID
town the following proposition;
shall the Town OF Beaver, Beaver County,
State ~ Oklahoma, incur an Indebtedness by
issuing its negotiable coupon bonds in the
sum of Ss5,OOOOO for the purpose of provid'
ing funds with which to construct Water
works system in said town, To be owned eN-
clusiyely by said town, and levy aud col
lsct an annual tax, In addition to all other
taxes, upon ali taxable property In said
town suficlent TO pay the interest on said
bonds as IL falls due and also TO constitute a
sinking fund for the payment OF the principal
thereof when due. said bends to bear inter
est at the rate of six (6) per ceUt per an
nun payable semi-annually, and to become
due and payable within twenty five yeafs
from their datef
Re A. resoIyed That notice OF such election
shall be given by proclamation to be signed
by the President and at,ested by the Town
Clerk of said town. and said proclamation shall
set forth the proposition to be voted on at such
election. the time o. opening and closing the
polls, the number and location OF the pollins
places the names Of the officers who shall con
| duct said election. which officers shall consist
| If two Judges and two Clerks Tor each polling
place, which officers shall also net as counter
| and shall make the returns of said election tc
| the Board OF Trustees OF the town OF Beaver
| for the purpose of csnvassing the same ano
declaring the result thereof
said pr ,clamaton shall be published in two
| issues OF The BEAVER HERALD" n weekl,
newspaper published and OF general circula
| tiop in said town Of Beaver Oklahoma, th'
| irst publication TO be at least ten days before
the date OF said election.
The ballots to be used at said election sh"l
be in the usual form and shall contain the prop
osition substantially as above set forth.
| Be II Further Resolved, That by reasoI
Of said town being without sufficient water
supply It Is deemed and hereby declared neces
sary for the preservation oi the public health
peacs and safety that said Waterworks System
shall be constructed without delay and 70 tina
end that this Resolution shall bee me opera
tive Immediately; WHEREFORE, an emei
gency Is hereby declared to exist and this REQ
olutiou shall be in full force and effect immed
lately from and after its passage and approval
| Passed this 3rd day of May, A. ID. 1918.
| Approved this 3rd day OF May. A. ID. 1913.
| ELBERT CLiFr,
Attest; President
| JAS. II. CRABTRgE,
Town Clerk.
5-s Sis 2w