Arizona republican., 1913-10-01

their issuance. Principal and interest
shall be paid in gold coin of the
United States of America in the Of
flee of the City Treasurer Of the City
of Phoenix, Maricopa County, State
of Arizona, 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 may be designated by the
Common Council of the City of PhOe-
nix, 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 said
bonds are to be signed by the Mayor
of said City of Phoenix and at
tested by the City Recorder thereof
ard to 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 mutt
lating the bonds for the semi-annuaI
interest to accrue thereon, which
coupons shall have a fac -simile of the
signatures of the Mayor and Re
corder of said City of Phoenix Iitho-
graphed or printed thereon, provided,
that it shall not be necessary to i'm
press upon such coupons the seal
Of said City of Phoenix. Said bonds
shall be sold by the Common Council
of the City of Phoenix at a regular
or special meeting called for that
purpose after causing to be entered
upon the record of said The Common
Council of the 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
consecutive weeks before said sale in
such daily or weekly newspaper or
newspapers as may be designated by
said The Common Council of the City
of Phoenix, together with a notice
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 Common Council of
the City of Phoenix shall at said time,
and at a meeting to be held for such
purpose, open all sealed proposals re-
Ceived by them and shall aWaEd the
purchase of said bonds to the high
est and best responsible bidder, pro-
vided that none of said bonds shall
be sold for less amount than par
with accrued interest, and all bids or
proposals received for the purchase
indebtedness shall be accompanied by
a certified check not less than five
per cent 6 per cent? of the total
amount of said bid and The Common
Council of the City of Phoenix shall
reserve the right to reject any and
all bids and all such certified checks
accompanying bids which are not ac-
cepted and which are rejected, shall
be returned to parties rendering the
same. Certif ed check so deposited by
the successful bidder shall be retained
by said The Common Council of the
City Of Phoenix and shall be for
feited in the event that such bidder
shall not carry out the terms of
the contract, provided herein to be
entered into. The City Recorder of
the City of Phoenix shall enter upon
the record of the proceedings of The
Common Council of the City of Phoe
nix the amount of bonds sold, their
numbers and dates.
Second: That said election shall
be held on the 18th day of October,
a. d, 1913. between the hours of 6
o'clock in the forenoon and o'clock
in the afternoon of that day at the
regular voting places within the linn
its of said City of Phoenix to be
hereafter designated by The Common
Council of the City of Phoenix and