Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1913-11-21
NOTICE OF ELECTION, ABERDEEH
sCHC IL DISTRICT NO. 5, FOR
VAIL 'ATIHG INDEBTEDNESS AND
FUNl ZEG SAME

FUNi Eng SANE
NOTICE is HEREBY GIVEN: That
at rseeting of the Board of Directors
on this 14th day of November. 1918
at the hour of 1880 o'clock . m. of
said day. the following resolution was
passed and adopted to-wit:
REscLuTIoK
WHEREAS. It appears to the Board
of Directors of Aberdeen School Dis
trict No 5, Chehalis County, Wash
ington, that there is outstanding against
said Aberdeen School District No 5.
amounting to s9s,035.33, principal. upon
general fund warrants heretofore is
sued and outstanding and unpaid, in
Guiding Warrants Nos. 1857. issued DC
Der 25, 1919 inclusive, all of said war
rants ran s. assgregating the aforesaid sum of
AND WHEREAS Doubt exists as to
the validity. of said warrants and of
the indebtedness represented thereby.
the only ground of invaldity of such
Indebtedness being that at the time of
thereof, the same. together with all
other then existing Indebtedness of
said School District may have exceeded &c asd
taxable property in said School Dis
AND WHEREAS 1t is desired to sub
School District No. the question OF
the valuation and ratification of said
general fund warrant Indebtedness.
hereinbefore described. and also the
further question of refunding said gen.
eral fund warrant Indebtedness by the
issuance of negotiable coupon bonds to
the amount Of said Tensral fund war
BE 1T RESOLVED BY the Board of
Directors of Aberdeen School District
No. 5. Chehalis County, Washington.
at khnr hall hi
day of November. 1913 at the hour
of 1870 o'clock D. m. of said day at the
usual place of meeting in the J. NJ.
Weatherwax High School Building. as
That an election of the qualified cleo
tors of Aberdeen School District No.
b. & snd Ills csnmty hssby shall
he held in said Aberdeen School Dis
trict No; 5. on the 9Th day Of Decem-
Der, 1913. at which election the follow
the electors of said Aberdeen School
district No. 5. Chehalis County, Wash
ington. to-wit:
(aN That pursuant to the provisions
If Chapter 20 of Title 20, being Sec
tions 1922 to 1929, inclusive. of Rem
ington & Ballingers Annotated Codes
ton, there shall be. and there hereby
is submitted to the qualified electors
Of Aberdeen School District No. S, Che
halls County. Washington, at said cleo
and valuation of the mourning and at
tempted mourning by said Aberdeen
School District No. s of all Of the gen,
Aberdeen School District No. repre-
1857 to 57s4, inclusive, issued BY the
between October. is, 1912, and October
%: 1913 inclusive. said warrant in
debtedness being Of the face value or
amount of s96,03533. besides interest
tntp oh ind kaAn
question may, and does exist as to the
validity thereof. and the only. ground
of the invalidty Of such Indebtedness
so to be ratified and validated being
attempted mourning thereof said in
debtedness, together with all other then
School District No. S may have ex-
ceeded one and one-half per centum
of all of the taxable property in said
Aberdeen School District No. 5. as
plicable thereto
CD That there shall also be sub
mitted to the qualified electors Of said
election provided for in this resolution
the proposition of funding and retiring
the general fund warrant indebtedness
amounting to $96.o35.3s. principal. be-
sides interest. represented by said ont
standing general fund warrants Of said
n tbs sa 20
rant indebtedness shall he validated at
said election but in case said general
fund warrant Indebtedness shall not be
ratified and validated at said election
then this proposition to fund and retire
said warrant indebtedness shall become
null and void; that said funding shall be
interest bearing negotiable coupon bonds
of Aberdeen School District No. to
an amount sufficient to fund. redeem
ness of $96,O35.33, besides accumulated
interest, hereinbefore described with
interest to be computed thereon accord
ing to law. said bonds to be eXchang-
general fund warrant Indebtedness and
interest thereon when ratified and valid
ated. or to be sold at not less than mar
value and the proceeds used exclusive
" for the purpose of funding and re-
firing such warrant indebtedness and
ratified and validated: that said propo-
sition to bond shall be. and the same
is hereby submitted to the qualified
electors of said School District under
The provisions of CHAPTER 30 Title IS
being Sections 1922 to 1929, inclusive
REMINGTON e. Ballingers Annotated
60 les and Statutes of the State of
We shington; that said bonds shall be
oept BOND NO. i, w shaI1 may may ne dof
at rate hot eNceeudng SIN per cent
any. ana sald nonds 70 De payable ana
redeemable at the Office OF the county
treasurer OF the s.; sounty. WasnlnS-
ION. or az the Office o. We state treaS
urer or tue STATE OF Washinston, az
CIynlpia, Was"Instpn, or at the Hscas
New ork; az the option OF ire put
CHASER. anu tilat all Oh Sdlu DOluS ieTe-