El Paso herald. (El Paso, Tex.) 1901-1931, 1916-11-22
PRocLAMArIoN oF MAYoR

WHEREAS. on the 18th day Of November.
A D 1915. the City Council OF the City OF
by the unanimous vote OF the Aldermen pres
ent. there being four Aldermen present. fin
ally passed and adopted four certain Ordin-
ances- ordering and authorizing the Issuance
OF coupon bonds Of said CITY for the purpose
OF borrowing money upon the credit OF said
city, 10 be used for the following purposes.
First; To provide ONE HUNDRED
THOUSAND $500. O0O.00) DOLLARS for
the purpose Of installing septic tanks at the
Citys disposal plant in the City OF FL Paso.
Texas
THOUSAND ISIS. O00.OO) DOLLARS for the
purpose OF installing drainage system for
flood waters in the city Of FL PasO. Texas.
Third To provide FORTY THOUSAND
(s4o.00O-Ool DOLLARS. Tor the purpose OF
permanently improving and extending the
sewer system In the City OF e PasO Texas.
Fourth. To provide FORTY THOUSAND
(S40. 000.0O) DOLLARS. for she purpose OF
providing for the grading and improvement
OF the streets and alleys Of thu City Of FL
Which said ordinances adopted as afore-
said. and entitled respectively
First An Ordinance authorizing the Is
suance Of bonds for the purpose OF installing
septic tanks at the City's disposal plant
Second An Ordinance authorizing the is
suance Of bonds FOR the purpose OF installing
a drainage system for flood waters in the
Third An Ordinance authorizing the Is
suance Of bonds for the purpose OF per-
manently improving and extending the sewer
system in the City OF Fl Paso. Texas
Fourth. An Ordinance authorizing the Is
suance OF bonds for the purpose OF providing
for the grading and improvement OF the
streets and alleys OF the City OF FL Paso.
Texas.
said series or issues Of bonds so proposed
TO be issued are to bear date on the day OF
delivery to purchaser. or as near thereto as
practicable. and are to bear interest from
date at the rate Of four and one half (4i3 81
per cent per annum. payable semi-annually.
and are to become absolutely due and pay
able in forty (4O) years. subject TO redemp-
ton. however. at the option Of said city.
after the expiration Of twenty (e0l years
from date said bonds are 70 be known re-
spectively as. Eel PASO SEPTIC TANKS
BONDS" Ell PASO DRAINAGE SYSTEM
BONDS" Ell PASO SEWER EXTENSION
BONDS SERIES =" FL PASO STREET
ING BONDS SERIES g." and they are to
specify the purpose for which they are issued
respectively. The said ordinances. respective
~. make provisions for levying and collect
terest said bonds as 10 accrues and to
provide at least two (2cca per cent as a
sinking fund for their redemption
The said ordinances also provide that they
shall. severaliy take effect and be in force
when they have been ratified by majority
vote OF the qualified voters Of said city who
are ad valorem tax payers Of said chy. vOt-
ing at an election held TO determine whether
not such bonds shall be issued. and that
unless majority OF said qualified tax pay
ing voters voting at said election. shall vote
IN favor OF the proposition. FOR their Issuance.
then the said bonds shall not be issued. but
on the contrary. II the proposition for the
issuance OF said bonds respectively. shall be
sustained by a majority OF the said qualified
tax paying voters voting at said election.
then the said bonds shall be issued
NOW. THEREFORE. notice Is hereby
given that an election the manner Of holding
and making returns OF which shall be gov
general elections in so far as the same may
be applicable will be held in the City OF