Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1913-11-18
NOTICE OF ELECTION, ABERDHEM
SCHOOL DISTRICT NO. S, TOR
VALIDATING INDEBTEDNESS AND
FUNDING SANE

NOTICE is HEREBY GIVEN: That
of Aberdeen School District No. 5. held
on this 14th day of November, 1918.
at at the hour mr.. Of 1;SG o'clock p m. of
passed and adopted. tO-wit:
RESOLUTION
of Directors of Aberdeen School Dis
trict No. 5. Chehalis County WASH
ington. that there is outstanding against
said Aberdeen School District No. ),
general fund warrant Indebtedness
amounting to $96,OS5.33. principal. upon
general fund warrants heretofore is
sued and outstanding and unpaid. In
tober Is. 1912, to 5i94. issued Octo-
Der %, 1913. inclusive all of said war
rants ran s. !asgsgregating the aforesaid sum Of
AND WHEREAS Doubt exists as TO
the validity of said warrants and of
the Indebtedness represented thereby.
the tn, only ground of invalidity Of such
the mourning or attempted mourning
thereof. the same together with all
other then existing Indebtedness of
one and one-half per centum of the
taxable property in said School Dis
AND WHEREAS 1t is desired to sub
nit to the electors of said Aberdeen
School District No. the question Of
the valuation and ratification of said
general fund warrant Indebtedness.
further question of vefundng said gen
eral fund warrant Indebtedness by the
issuance of negotiable coupon bonds to
rants and INTEREST," THEREFORE,
BE 1T RESOLVED BY the Board of
Directors of Aberdeen School District
at meeting thereof held on. this 18th
day of November, 1913. at the hour
of $3.50 o'clock p. m. of said day at the
Vsua pass q , mes sahGo in thS
follows:
That an election of the qualified cleo
tors Of aberdeen School District No;
he and the same is hereby called to
be held in said Aberdeen School Dis
trict No. s. on the 9Th day of Decem-
ing propositions shall be submitted to
the electors of said Aberdeen School
District No. 5, Chehalis County. Wash
ington, to-wit
If Chapter 80 Of Title IS. being Sec
lions 1922 to 1929. inclusive. of Rem
ington & Ballinger's Annotated ed Codes
ION, there shall be. and there hereby
IS submitted to the qualified electors
If Aberdeen School District No 5, Che
md valuation of the mourning and at
arntr Ng by said Aberdeen ABE
era o fund Ss WARRANT lei ed @ of Said sad
aberdeen School District No. repre-
sented by general fund warrants Nos.
,ss7 to . $50; ipe d, issued BY the
between october. Is. 1912. and October
IS: 1918, inclusive. said warrant in
lebtedness being of the face value or
'hereon, concerning which indebtedness
question may, and does exist as to the
validity thereof. and the only ground
so to be ratified and validated being
that at the time of the mourning or
attempted mourning thereof said in
'ebtedness, together with all other su then
school District No. 5 may have eX-
eeeded one. and one-half per centum
# ,a all of the e, taxable properly IN said
shown upon the assessment rolls ap-
plicable thereto.
OBJ That there shall also be. sub
mitted to the qualified electors of said
aberdeen School District No S. at said
election provided for in this resolution
the proposition Of funding and retiring
If said Aberdeen School District No. 5
amounting to $96,O353S principal. be-
sides interest. represented by said out
standing general fund warrants of said
school District numbered 1857 to 1894,
inclusive, in the event that said war
ant Indebtedness shall be validated at
said election. but in case said general
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
accomplished by the issuance of the
interest-bearing negotiable coupon bonds
If Aberdeen School District No. to
IN AMOUNT t,n suffc lent to fund; redeem
ness of $96,0S5.33. besides accumulated
interest. hereinbefore described. with
Interest," to be computed thereon accord
ing to law. said bonds to be eNchang-
ID at not less than par value for such
general fund warrant Indebtedness and
interest thereon when ratified and valid
value and the proceeds used exclusive
y for the purpose of funding and re-
iring such warrant indebtedness and
'atified and validated; that said propo-
stion to bond shall be. and the same
S hereby submitted to the qualified
he previson ss Of H Chapter s 81 Title as
being Sections 4622 to 1929, inclusive,
Remington & Ballnger's Annotated
voc and Statutes Of the state tna of
If denominations of $1,000. each, eX-
rept Bond No. 1, which may be for
q less amount and shall bear interest
per annum, interest payable semi-annu-
ally and said bonds to be payable and
redeemable at the office of the county
treasurer VI CneIdlS NOuuly, WdSHlnS-
ton, or at the office Of the state treas
Olympia, Washington, or at the fiscal
agency of the purchaser in the city of
New York. at the option of the pur-
chaser, and that all Of said bonds here
in provided for shall be payable and re-
deemabe twenty years after the date
That said Aberdeen School District No.
5 shall have the option of redeeming
all or any portion of this issue of
bonds at any time after the first year
on any Understanding date.
Notice of said election shall be given
by the secretary Of said aberdeen i.,,.
ten or printed notices thereof. to be
posted in at least six places in said
School District at least twenty days
before such election, and said notice
shall also be published for the same
length of time in the Aberdeen Herald.
a semi weekly newspaper printed at Alb.
erdeen, Washington; that the polls shall
be kept open between the hours of one
o'clock in the afternoon and eight
o'clock in the afternoon of said day,
and the ballot used for said election
may be substantially in the following
form:
BALLOT
(voter will express. his choice by
placing X in the square oppo-
site the proposal favored by him)
PROPOSITION No. 1.-Shall Aber-
deem School District No. validate
and ratify the ontstanding General general
ing to s96.O35.33. besides interest,
represented by general fund war
rants numbered 1887 to 5794.. in
elusive, issued on and between Oc-
Validating and ratfying indebted.