The Red Cloud chief., 1915-08-26
Notice of Special Bond
Election
SCHOOL BONDS

Pursuant TO n resolution adopted 10y the
Board Of Education OF the School District
Of the CITY OF Red cloud, in webster County,
Nebraska, being school District No.2 of
said county, at the regular meeting August
,, 1913.
Notice Is hereby given to the qualified
voters of said school district that n special
election Is called TO be held on September \,
1919, In and for said school district, the poll
ing place to be nj the Fircmcn's Hail In Red
cloud, and the polls open between the hours
of O'Clock n. m. II : O'Clock p. m. of said
day, Mt which election there is submitted to
the said voters, who may cast their ballots
thereon. the following proposition:
Shall the Board OF Education OF the said
school District OF the city OF Red Cloud, in
the county OF Webster in the state OF Ncbras
ka be authorized to issue and negotiate the
bonds OF said school district, to be known as
the High School Bonds of said district, In
the aggregate sum OF 100000, to be issued
in demon nations from 500 to 500 each. pay
able to bearer, bearing annual interest at 5
per cent per annum, represented by coupons
attached 20 the bonds. aud to be issued and
dated November l.. 1915. maturing twenty
years after said date, but payable at the
option Of said district ut any iAtsrcst pay
msnt date after 1--WE years, and payable at
the office OF the state treasurer of Nebraska.
Said bonds to be offered on tho open marka
and sold to the highest bidder fer not lcss
than par value. with accrued interest, and
may he offered In separate amounts or lots,
and the proceeds thereof to be used only for
the purpose OF erecting, furnishing and finish
ing n High School building for said district
upon the block OF ground now occupied by,
and to take the place OF the present high
school building, known as the washington
| school,"
And shall the Board Of Education, or other
proper legal authority cause to be levied annual
~ upon he taxable property in said district a
tax sufiic g t in addition to all other taxes. to pay
The interest ul sud bonds as the same natures.
al d to providc n shaking fund for the payment
of the principal by he final maturity thereof.
The form of ballot 10 be u ell al said election
shall be as follow;
HIGH SCHOOL BONp PROPOSITION
Vote for one.
For High Soho l bonds and tax..------.-.-(
Against Hish School bonds and tnx.-------t
And to be vo,el aud marked by making a cross
in the usual m anne, in Ia, space provided for
that purpose.
Should IA maj Jrity of he votes east at said cleo.
ton be IN favor OF said propositions then the
Board of Education Of sad School District OF
Red ClonG Cit,, ~vI be aula rvs 20 Issue n d
nsgot,ntc said b ,rd ~ specified. al rs con,'m
plated by Se:,im 6t1i Revised S atu'es, 1912
ns am ended by Law 1875 huptrr pa di shall!'
tie !uty Of the president ant secretary of sale
boa A to execute said bonds. The proceeds there
Of ,hall be deposited with the treasurer of saiC
dis,Ii let and kept by him in a separate fund
known IA the High School Bond Fund, and PAL,
OFT only upon warrant ordered by the Beard @
Education, for said specified purpose.
Dated August 10th, 1915.
b. order Of the Board,
Aug. l3-iw G. j. Pore, Secretary