The Red Cloud chief., 1913-10-02
Notice Of Special Bond
Election.
SEWER BOND PROPOSITION.

Notice IL hereby given to the electors OF the
city OF Red Cloud, Webster county. Nebras
ka, pursuant to a resolution adopted by the
mayor and council Of said city, at a regular
thereof September 2nd, 1913, by
which resolution the council determined up
on system oil sewerage and the estimate OF
the cost thereof, that q special election is
called and will be held In said city, at the
usual voting places therein tO-wit: In the
first ward Mt the office OF the city water and
light superintendent and In the second ward
at theFireman's Hall, on the lith day OF
October, 1913, between the hours OF O'Clock
a. M. and o'clock p. m. at which the follow.
ing proposition is su omitted to be voted upon:
"Shall the Mayor and City. Council OF the
city OF Red Cloud, Nebraska, be authorized
to issue coupon bonds to be demoniated
Sewer Bonds OF said city Of Red Cloud, Ne
braska. in the amount OF fifteen thousand
dollars In denominations OF five hundred dol.
lars each. payabl to bearer, to become due
70 years after the date thereof, but payable
any time after the OK piratiOn Of five years at
the option OF said city, and bearing not to
exceed five per cent annual interest and to
be dated the day OF their issuance, interest
and principal to he payable at the office OF
the state treasurer OF Nebraska. Said bonds
to be sold not less than par value with ac-
crued Interest and proceeds thereof to be
used by said city for the construction and es
tablishing q system OF sewerage In and for
said city, said system not to include any
lateral or district sewer; and shall the mayor
and council OF said city annually levy the
necessary tax upon all the taxable property
within said city, In addition to all other
taxes, to pay the interest upon said bonds
rs the same may become due and to furnish
u sinking fund for the payment OF the prin-
cipui OF said bonds, and an annual tax OF not
to exceed two mills on the dollar OF assessed
valuation OF the property OF said city for the
purpose OF maintaining and repairing said
system OF sewerage"
The form OF the ballot to be used on said
election shall be rs follows:
Vote for one
For sewerage bonds and taXes..................Il |
A gainst sewerage bonds and taxes,......... go. II
And to he voted and marked by making a
cross In the space provided In the usual man
ner as provided by law.
should q majority OF the ballots cast nj
such an election be In favor Of said PROPOSE
ton the mayor and council OF said city
will be authorized to issue and negoti
ate said bonds according to the conditions
and for the purpose specified In the foregoing
proposition and as also contemplated by the
| statutes OF Nebraska rs In such case provided
and It shall be the duty OF the mayor
| and clerk OF said city whenso authorized and
by order OF the city council to sign and attest
said bonds and afiix thereto the seal OF said
city. The proceeds OF said bonds shall b.
paid to the treasurer OF said city OF Red Clio d
and Kept by him In u seperatc fund, apart
from other moneys, To be known ~ q sewer
age fund and paid out only by order OF tn,
council and warrant drawn against the sam,
for said purpose specified and no other.
Dated this 2nd day OF September 1918.
Attest:
o. TEEL, ID. 4. SAUNDERS,
(Seal CITY Clerk. Mayor