Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1913-11-28
NOTICE OF ELECTION, ABERDEEN
SCHCCri DISTRICT NO. S. FOR
VALis'fT.NG INDEBTEDNESS AND
TuNIING SAME

VAIL, TING yNDEBTEDNEss AND
FuNr ING SAME
NOTICE Is HEREBY GIVEN: That
of Aberdeen School District No >. held
on this 18th day Of November, 1913
at the hour of $50 o'clock D. m. of
said day, the following resolution was
passc and adopted. to-wit:
RESOLUTION
WHEREAS. It appears to the Board
of Directors of Aberdeen school Dis
trict No. ), Chehalis County. Wash
ington, that there is outstan ling against
said Aberdeen School District No. .,
amounting to 800, o35.3S. principal. upon
general fund warrants heretofore is
sued and outstanding and unpaid, in
Guiding Warrants Nos. 1857. issued Oc-
Der 25, 1918. inclusive. all of said war.
rants aggregating the aforesaid sum of
6,o36.ss;
AND WHEREAS Doubt exists as to
the validity Of said warrants and OF
only ground of invaiidity Of such
in, btedness being that at the time of
the mourning or attempted incurring
thereof. the same. together with all
other then existing Indebtedness of
said School District may have exceeded
one and one-half per centum of the
taxable property in said School Dis
AND WHEREAS 1t is desired sub
NIT to the electors of said A, erdeen
School District No the quest on Of
the valuation and ratification Of said
hereinbefore described. and also the
further question Of refunding said gen
oral fund warrant Indebtedness by the
issuance of negotiable coupon bonds to
r rants s"a sa,d SIZE
BE 1T RESOLVED BY the Board Of
Directors Of Aberdeen School District
No. 5. Chehahs County, Westminster,
day Of November. 1913 at the hour
usual place Of meeting in tho ]. M
W.atherwax High School Building. as
That an election Of the qualified cleo
tors Of Aberdeen School District No
5. chehalis County. Washington. shall
be held in said Aberdeen school Dis.
trict No. s. on the 9Th day Of Deem
Der. 1913. at which election the follow
ing propositions shall be submitted tc
the electors of said Aberdeen Sehoc
ington, to-wit:
.(aN That pursuant to the provisions
Of Chapter 20 Of Title ties, %; being Sec
ington & Ballinger's Annotated Codes
and Statutes of the State Of Washing
ton. there shall be. and there hereb,
Of Aberdeen ' School i"f District No. 5, Che.
ton. the question Of the ratification
and valuation Of tho mourning and at.
sfStr s saf of sse
eral fund warrant Indebtedness Of said
Aberdeen School District No. repre-
santed by general fund warrants Nos
said Aberdeen School District No. s
between October 16. 1912. and October
IS; 1918. inclusive. said warrant in.
debtedness being Of the face value o,
thereon. concerning which Indebtedness
question may. and does exist as to the
validity thereof, and the only ground
the bs rasd OF and such
that at the time Of the mourning o,
attempted mourning thereof said in.
debtedness. together with all other Their
ceeded one and one-half per centun
of all of the taxable property in sale
Aberdeen School District No. 5. as
shown upon the assessment rolls ap'
rs That there shall also be sub
mitted to the qualified electors Of sair
election provided for in this resolution
the proposition of funding and retiring
the general fund warrant Indebtedness
of said Aberdeen School District No.
dulDuHtluS u $JO,UoC.oo, pTluClDdl, Dt'
sides interest, represented by said out.
standing general fund warrants of said
School District numbered 1857 to 5794
inclusive. in the event that said war,
said election but in case said genera
fund warrant indebtedness shall not be
ratified and validated at said election
then this proposition to fund and retire
null and void: that said funding shall be
accomplished by the issuance of the
interest bearing negotiable coupon bonds
of Aberdeen School District No. 5 tc
an amount sufficient to fund, redeem
and retire all of said warrant indebted.
ness of $96.035.33. besides accumulated
interest. hereinbefore described witt
interest to be computed thereon accord
ing to law. said bonds to be exchang-
ed at not less than par value for sucl
general fund warrant Indebtedness anC
ated or to be sold at not less than pa,
value and the proceeds used exclusive
ly for the. purpose of funding and re
firing such warrant Indebtedness ant
ratified and validated; that said propo
sition to bond shall be- and the same
is hereby submitted to the qualified
electors Of said School c Dssrict nnds'
being Sections 1922 to 1929, inclusive
Codes and Statutes of the State OF
Of denominations Of 5000. EACH a'a' eS
cept Bond No. L.. which may be fol
less amount. and shall bear interest
at a rate not exceeding six per cent
per annum, interest payable semi-annu
allv. and said bonds TO be payable anf
redeemable at the office of the county
treasurer Of Chehalis County. Washing
ton. or at the office Of the state treas
urer of the state of Washington. al
Olympia. Washington. or at the fissa
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-
deemable twenty years after the date
That said Aberdeen School District No
3 shall have the option of redeeminp
all or any portion of this issue OF
bonds at any time after the first year
on any interest-paying date.
Notice of said election shall be giver
by. the secretary of said Aberdeen
School District No. 5 by causing writ
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
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 of said day
and the ballot used for said election
may be substantially in the following
form:
BALLOT
(Voter will express his choice b,
placing X in the square oppo.
site the proposal favored BY .himl.