The Delta independent., 1914-06-19

$50 900, bearing date the Goth day of
october, 1908. payable to bearer
on the Goth day October, 1918. or a;
any time before said date. on or after
the Goth day of October, 1913, at the
option of the town, now City of Delta.
with interest from date thereof, at the
rate of 5 1-2 per cent per annum, pay
able semiannually; and, in the second
instance. issued its negotiable coupon
sewer bonds in the aggregate amount
/ of $4,000. bearing date the first day
of July, 1901, payable to bearer on
the first day of July 1916, or at any
time before said date. on or after the
first day of July, 1911, at the option
Of the town. now City of Delta, with
interest from the date thereof until
paid, at the rate of per cent per an
mum. payable semi-annually; and
Whereas, of said issue of bonds. au-
thorized in the first instance, bearing
date October 20. 1903. bonds in the ag.
gregate principal amount of $4,000.
are now outstanding and payable, at
the option Of said City of Delta, and,
in the second instance. of said bonds
bearing date the first day of July.
1901, bonds in the aggregate principal
amount of 5000 are now outstanding
and payable. at the option of said City
of Delta; and,
Whereas. the City of Delta has no
funds in its treasury. available or an
plicable to the redemption of said
bonds, or any thereof; and,
Whereas. the City Council of said
City of Delta is of the opinion that
new bonds, to be denominated Re
funding Bonds should be issued for
the purpose of paying and redeeming
said outstanding water bonds bearing
date the Goth day of October, 1903
now optional. and said outstanding
sewer bonds bearing date the first
day Of July. 1901. and now optional;
Now, Therefore.
Be it Ordained by the City Council
of the City of Delta:
Section l. That special municipal
election be. and the same is hereby
ordered and called to be held at City
Hall, in the City of Delta. Colorado.
on Tuesday. the 4th day of August.
A. d. 1914. beginning at the hour of
200 O'Clock A. NJ. and closing at the
hour of 700 o'clock P. NJ, for the pur-
pose of submitting to the qualified
planfnrG nf tho rit ity ha
ers under the law, and shall have paid
tax upon property assessed to him
or her in said city, for the year i'm
mediately preceding such election, the
question whether the city council of
the said City of Delta shall be author
lied to i5sue the refunding bonds of
said city to the amount of 49,, 900. for
the purpose of paying and redeeming
the outstanding unpaid. payable. law
full and valid water bonds of the Town,
now City of Delta, in the aggregate
principal amount of $4,000. dated DC.
tober 20. 1903. and now payable and re-
deemable at the option OF said City and
FOR the purpose of paying and redeem
ing the outstanding. unpaid. payable.
lawful and valid sewer bonds of the
Town. now City of Delta. In the aggre-
gate principal amount of $4,000. dated
July 1st. 1901, and now payable and
redeemable at the option of the said
City.
Sec. 2. No person shall vote on the
question for or against refunding such
Indebtedness unless said person shall
have the necessary qualifications of
an elector as provided by law. and
shall have paid tax upon property
assessed to him or her in said City
of Delta, for the year Immediately pre-
ceding such election. and shall have
been duly registered. as required by
law The County Treasurer of the
County of Delta shall make out and
cause to be delivered to the judges of
election in said City of Delta. prior
to said election, certified list of the
taxpayers in said City of Delta, who
shall have paid taxes upon property
assessed to them in said town of Delta,
in the year Immediately preceding
such election, and no person shall
vote upon the question of the refund
ing of said indebtedness unless his or
her name shall appear upon such lis;.
Sec. 3. The vote shall be taken by
ballot, and such election shall in all
respects, as nearly as may be. be held
and conducted in the manner pre-.
scribed by law, in cases of elections
for municipal officers. The ballots
to be used shall be prepared and furn-
ished by the City Clerk to the judges
of election, to be by the latter furn-