The Owosso times. (Owosso, Mich.) 1897-1926, 1915-01-29

meeting and election OF the qualified electors
OF said School District be and the same a
hereby called for Tuesday, the end day OF
reoruary, A. D. 1910, at two o'clock in the
AFTERNOON OF said day, at No. 2li North Ball
street. IN the CITY OF Owosso, Shiawassee
tH;o oa michigan for the purpose OF submit.
| Sm ns tne ABOVE estimates OF the cost OF the
,Uuildlng OF said school building and properly
uIniisnlhg the same as ABOVE set forth TO the
Iuat.,neu electors OF said school district for
r""sinoauon OF rejection, and for the further
purpose or submitting TO the qualified electors
VI salu district the question OF borrowing the
81 ae oi 'nrty Thousand dollars, upon the cred
~ saiu scnooi district and authorizing the
| board OF Education OF the linton School Dis
tric' OF the CITY OF 'wosso azores aid TO borrow
sara thirty thousand dollars, and issuing the
| bonds OF said School District therefor and
negotiating the same ut par for the purpose OF
building said eight.room school building aud
pro Jerly furnishing the same as above set
forth; said bonds TO be each of the denomina.
| ton OF one thousand (bl O,0.OO dollars, num-
oered one TO thirty consecutively and in
| cluslVely, to bear date the first day OF March
ID. 1915. and to become due and PAYABLE as
follows: Sl,O00.o0 upon the first day OF March
"A, u. 1915 81 0CO % upon the first day OF March
OF each year there after up TO and Intending the
| first day OF March, 1921, then g. 600 90 of said
bonds shall become due and payable upon the
mrs, Gay OF March. 1922, and upon the first day
OF march OF each year thereafter until all OF
| said bonds have been paid, with Interest
thereon st rate not exceeding five Is per
cent? per cent per annum, PAYABLE semi.
annually upon the first day of March and the
first day OF September OF each wear. beginnino
with the first day OF September, 1915, both
principal and interest upon said bonds to be
payaDle az the ONCE OF the Secretary OF the
Board or Education OF the Union school Dis.
trict OF the City Of Owosso, Shiawassee County.
Miehigan' In the City OF owosso, Michigan,
ana SAID interest TO be evidenced by coupona
to be signed and counter signed bv The Iitho.
graphed or printed signatures OF the President
said District. "
Be It Further Resolved: That the bonas
ae
In substantially the following form, to.wit:
United States Of America,
State OF Michigan,
County Of Shiawassee,
Bonds OF the Union School District Of the CITY
Know All Men by These Presents: That the
Union 81 q Dol District OF the City OF Owosso
gan. hereby acknowledges itself Justly Indebted.
and for value received, promises To pay to the
bearer the sum OF one thousand dollars, In
on the hrst day OF March, l9l-- at the office OF
the Secretary OF the Board OF Education of the
Union School District OF the City Of Owosso at
the City OF Owosso, Michigan, with interest
thereon al the rate OF - per cent per anpum
pay able semi annually on the first dav OF
March and the first DAY OF September OF each
Secretary OF the Board OF Education OF The
Union School District OF the City OF OWosso at
the CITY OF Owosso, Michigan. upon presepta-
ton ana surrender OF the proper interest cou
pons hereto annexed as they severally become
due. ana for The prompt payment of this bond
ana the interest hereon the full faith and
credit OF the Union School District OF the City
OF owosso are hereby irrevocably pledged.
This bond is one of series OF thirty bonds
OF like date ard tenor. except as to date of
maturity, amounting In the aggregate TO thirty
thousand dollars, Issued by virtue OF the
special election and meeting of The qualified
electors OF the Union School District OF the
City or Owosso held at No 2ll North Bali
street, In the City OF Owosso, Michigan, upon
ha DDn nau Eair N
and in pursuance OF Act No. 1868 OF the Laws OF
the state OF Michigan for thee wear 1871
entitled. AN Act TO incorporate the Union
proved March % 1871 and the Acts amenda-
tory thereto, aud under and in pursuance of
section 47l7 OF the Compiled Laws OF 1897 OF