The border vidette., 1916-02-19

file certified copy of same with the Clerk of Superior Court as | provided by law.
 A telegram from the A assistant Attorney General, stating that it is the opinion of that depart ment that the Board of Super the indebtedness of scrip now outstanding against Santa Cruz County without an election as this debt creates no new indebt- edneSS and therefore an election would be unnecessary, was read to the Board by the County At
 torney.
 Upon motion by Chairman Fielder, seconded by Member Parker and carried unanimously, the clerk was instructed to ad- vertise for bids for sale of fifty one (5D funding bonds, with ac- crued interest, of Santa Cruz 1 county, of the denomination of one thousand ($1 ,OOO) Dollars each, bearing intererst payable semi ually, at the rate of five | (5%) per centum per annum, | payable, $IO,O0O. in ten years after their date of issue, and $5, ,OOO, each year thereafter with | the privilege reserved to Santa Cruz county of redeeming all or any portion of said bonds at any time after ten years from their date of issue. The Board of Su- | pervisors reserves the right to | reject any and all bids. Bids to be received until 2:3O o'clock D. m., Monday, February 7th, 1916. Bids will be opened and con- sidered by said board at it's office, February 7th, 1916, at two thirty o'clock p. m. A certified check | for five per cent of the amount bid and copy of the adve rtise- | ment to accompany each bid. WHEREAS, Santa Cruz county has, of necessity, issued in pay ment of it's indebtedness, certif- cates of indebtedness aggregat- | ing the sum of Fifty one thouS- and (S51 ,OOO) Dollars; and
 WHEREAS, it appearing to the Board of Supervisors. that it is to the best interests of Santa Cruz county that said indebted ness be funded by the issuance of bonds therefor, as provided in Title 52, Chap. II, of Revised Statutes of Arizona 09130 and WHEREAS, the amount of said bonds, in the aggregate, will not exceed four per centum of the value of the taxable prop erty of said Santa Cruz County, Arizona:
 Now THEREFORE, BE IT RE- SOLVED AND ORDERED by the Board of Supervisors of Santa Cruz County. Arizona:
 That there are hereby direct ed to be issued negotiable coupon Indebtedness Funding Bonds of Santa Cruz County, Arizona, as provided in said Title 52. Chap. II, of the Revised Statutes of Arizona Q913.) in the sum of Fifty one thousand (S51 ,OOO Dol lars. Said bonds shall consist of Fifty one (5D bonds, in the sum of One thousand (S1. 100000 Dollars each, shall be dated Feb ruary 7th, 1916, and be due and payable as follows, to wit: Ten 1O) bonds, making a total sum of Ten thousand ($1O,OOO) Dol lars, at the end of ten years from the date of issuance, and five (5) bonds, making a total of Five thousand (S5, ,OOO) Dollars, each year thereafter, said bonds to bear interest at the rate of five 6 per cenD per centum per annum, payable semi annually, as evidenced by the lithogra phed coupons attached to said bonds, both principal and in terest of said bonds payable when due at the office of the County Treasurer of Santa Cruz County, Arizona, in gold coin, lawful money of the United States of America, of the pre- sent standard of weight and fine ness. Said bonds shall be sign ed by the Chairman of the Board of Supervisors of Santa Cruz | County, Arizona, atteSted by the clerk of said board under the seal thereof, and countersigned by the treasurer of said county, and registered by said clerk. Said coupons shall be executed by the signature of the chairman