The copper era and Morenci leader., 1915-03-19
NoTlcE OF BOND ISSUE AND
SALE.
By The
Board of Supervisors of ereenIee
County, Arizona.

PUBLIC NOTICE IS HEREBY
GIVEN that the Board of Supervis-
ors of Greenlee County, in the State
of Arizona, intends to issue, negoti-
ate and sell on Monday, the 9TH day
of April, A. D. 1915, at the hour of
10 o'clock A. M.,,at their office in
Clifton, Greenlee County, Arizona, the
negotiable coupon bonds of said coun-
|ty in the aggregate amount of One
Hundred Fifty Thousand Dollars
{ $150,O0O,) for the purpose of acquir-
ing funds for the construction and
Reconstruction of roads and highways
and for the reconstruction of bridges
in said County; provided. however.
that a majority of the property tax
payers of the County, who must in all
other respects be qualified electors
therein voting at special election to
be held on the 22nd day of March, A.
u. 1915, in such county, shall vote in
favor of the creation of such indebted
ness.
If majority of the electors quail
fled as aforesaid assent to the Gre
alton of such indebtedness, said
bonds will bear date April 4, 1915,
and will mature serially Fifteen
Thousand Dollars ($15,oOO) on April
1, 1916, and Fifteen Thousand IDOL
lars ($15,0OO) in consecutive order on
April LIST of each year thereafter to
and including the yearN 1925. Said
bonds will consist of one hunderd
bonds in the denomination of $1,000
each and one hundred bonds in the
denomination of $500 each. payable in
gold coin of the United States Of
America, of or equal to the present
standard of weight and fineness, bear
ing date, and bearing interest from
and after, the first day of April, A
ID. 1915, at the rate Of six per centum
per annnm payable in like medium
semi-annually on the first day Of April
and the first day of October In each
year, both principal and interest pay
able at the office of the County Treas
urer of Greenlee County, in Clifton,
Arizona, or at the banking house of
Kountze Brothers in the City of New
York, U. S. A., at the option of the
holder.
Sealed proposals will be received
for the purchase OF said bonds by the
Board of Supervisors on the date and
hour and at the place aforesaid at a
meeting to be held for such purpose.
All bids or proposals received for the
purchase of said bonds shall be ac-
Icompanied by certified check drawn
on a trust company or bank organic
ed under state or national laws and
acceptable to the Board of Supervis-
ors, for a sum not less than five per
cent of the total amount of such bid,
and all such certified checks accom-
panying bids which are not accepted
and which are rejected, shall be
returned to the party rendering the
same. The certified check so de-
posted by the successful bidder shall
be retained by said Board of Super
visors and shall be forfeited in the
event that such bidder shall not
carry out the terms of the contract
provided herein to be entered into.
AS said bonds will be ready for de-
livery at the time of their sale, viz:
on the date and hour aforesaid, the
purchasers must satisfy themselves as
to the legality thereof prior to said
time and no conditional bids for said
bonds will be considered. None of
said bonds will be sold for less
amount than par with accrued inter
est and the Board reserves the right