The Holbrook news., 1916-10-27
Proceedings of the Board of Supervisors of Navajo
 County, Arizona.
Continued from last week.)

In the matter of the Application of the Board School District Mo- 16 Navajo County Arizona for of bonds of said School District motion and by the Board passed and signed the following resolutions
 WHEREAS, pursuant to and conformity the State of Arizona heren made and provided for establish ment and maintenance o general and uniform public school system the Board of Trustees of School District Arizona has certified to the Board Supervisors proceed had by the sad School District pursuant to said school for the issuance of the bonds of said School District District mentioned in the $5OOO purpose funds for the purchase of school and erection of school building and the supplying with furniture fixtures required
 WHEREAS it appears in and by said proceedings that at meeting said Board duly held the 9th lday August 1916 which meeting present members of said Board of Trustees resolution duly and entered of record calling for special election be held the 18th day of August A. 196 between the hours 1000 A. M and 600 M at the school house. situated in said District the of submitting the said School rc the question whether not the bonds of said School District lin the S5OOOO0 sold for the purpose purchasing site for school building the construction and ling of school bung together with the equipment therefor lhereinbefore mentioned, and
 WHEREAS, it further appearing proceedings pursuant resolution and said laws of Arizona herein provided duly called by posting notices thereof signed by said Board of Trustees in three of the public places in the said School District Mo- 16 twenty before the date of said election in the Hobrook News published weekly the Town Hobrook Navajo County, Arizona week for three successive weeks and that notices follow ing o First The and place of holding the election Second The of three Judges The hours during the day that the polls would be no less eight hors Fourth The amount and denomination of the bond the of interest and the number of ing twenty the whole of said bonds run
 WHEREAS 1t further appearing in and by said proceedings that said laws of the State provided we'll the general election resolution and said notices that said election was duly in proper time and manner held that day thereafter M the of said election having been Trustees said Board of duly majority being present and canvassng sad returns and then there appearing to the said Board of Trustees that than majority of the votes cast at said election contained the words Bond yes and in of issuing all of said Board caused entry of such resolution of record upon its minutes, and
 WHEREAS the said bonds the aggregate will exceed six cent of the value of the taxable property said School District Mo- 16 acertaned by the last for State and County taxes previous to this time
 NOW, THEREFORE, It is ordered that negotiable coupon bonds of sad School District No. in Navajo County State of Arizona be issued the aggregate the OOOOO and said bonds shall consist five bonds for 5000 November A. D. 1916; to five; shall interest at the rate of annum semannuay both principal and interest payable the office of the County Treasurer of Navajo County Arizona in the City of New York; at some bank selected bypurchase the option of the holder in gold con lawful money of United States of America at the present standard of weight and fneness redeemabe as follows tow Bond number one for OOOOO payable November st 1921 Bond number payable November 1st 1926 Bond number three O0OO payable November st 1931 Bonds numbered and elusive for $ 000 each payable November 1st 196 until the whole number and amount redeemed and said bonds shall be signed of the the County and registered by the Clerk said shall be executed by the Autograph fac-simile sigma of the Chairman the Board aested in like Clerk and counrsgned by the Treasurer of the County.
  coupons shall be substantially following form to-wit No School District Number Sixteen $1,00000
 Navajo County. State of Arizona
 School District Bond III
 Payable Gold Coin of the United States of America.
 Due in years. (SeaD" HI
 District 16, of Navajo County State Arizona acknowledges itself indebted and hereby bearer % in gold con lawful of the United States of of the present stadard of weight and neness for value eceved the st day of November 19 with interest there the rate of interest payable semi nnua November st and May 1s of each both prn and interest payable the office of Treasurer of said Navajo ounty the Town of Hobroo Arizona the City of New o Cat bank selected by purchase at the option of the older building of School District Mo- 16 of aYao County Arizona the presentation and surrender of bond the annexed interest seVeray This the of bond five number $ each bearing date November 1s 196 and the aggregate $O0O0O of said School District Mo- 16 Navajo County Arizona Board of Supervisors of