The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1916-11-23
p,,prrrox rnocI.,u,r,o>

Under and BY virtue of an ordinance
approved on the Sth day OF November.
1916, entitled;
An ordinance relating 70 the calling
and holding Of an election In the town
Of Beaver, oklahoma. for the purpose
OF submitting To- the qualified property
taNpay ing voters OF said town the ques-
tion of the issuance OF the bonds of
said town in the sum of 100000. for
the purpose of raising funds with
which to extend and equip the present
electric light plant of said town. now
owned and controlled exclusively by
said town. said extension and equip
mcnt to be likewise owned and con
trOlled exclusively by said town, and
also for the purpose of submitting to
the qualified property taxpaying voters
OF said town. the question of the issu-
ance of bonds of said town In the sum
of Si7,OOO.OO. for tho purpose of raising
funds with which to extend and equip
the present watcrworks system of said
town, now owned and controlled eN-
clusively by said town, said extension
and equipment to be likewise owned
and controlled exclusively by said
town: and levy and collect an annual
tax upon all the taxable property In
said town, sufficient to pay the interest
on and the principal of said bonds, and
fixing the necessary details in the mat
ter and declaring an emergency.
The undersigned. as President Of the
Board OF trustees of the Town of Beav-
er, oklahoma, hureby calls an election
for the i1th day of December. 1916,
for the purpose of submitting to the
qualified property taNpaying electors
Of said town the question of the issu-
ance OF bonds of said town in tho sum
Of SS.000.0G, for the purpose of raising
funds for the purpose of extending and
equipptng the present Electric Light
Plant of said town, now owned and
controlled exclusively by said town,
said extension and equipment to be
likewise owned and controlled eN-
collect an annual tax In addition to all
other taxes upon all the taxable prop
erty In said town sufficient to pay the
| interest on said bonds as 1t falls due
and also to constitute a sinking fund
! for the payment of the principal there
| of when due; and also for the purpose
of submitting to the qualified property
! tax paying electors of said town the
| question OF the issuance Of bonds of
| said town in the sum of Sl1,OO0.00, for
| the purpose of raising funds FOR the
purpose of extending and equipping
the present Waterworks system OF said
| town, now owned and controlled eNclu =
| siVely by said town, said extension and
| equipment to be likewise owned aud
| controlled exclusively by said town;
| and levy and collect an annual tax I'm
| addition to all other taxes upon all the
| taxable property In said town suii
| Client to pay the interest on said bonds
as it falls due and also to constitute a
sinking fund for the payment Of the
principal thereof when due.
| The form of ballot to be used at said
election shall be substantially as fol-
| lows.
| OFFICIAL BALLOT OF THE SPECIAL
Official Ballot of the Special Election
| Held in tho Town of Beaver, Beaver
| County, Oklahoma, on the l1th day of
| December, 1916.
PROPOSITION NO. /
shall the Town of Beaver, Beaver
| County, Oklahoma, incur an indebted
ness by issuing it's negotiable coupon
| bonds in the aggregate principal sum
| of $S,0O0.0O to provide funds for the
| purpose of constructing and equipping
| extensions to its Electric Light Plant
now owned and controlled exclusively
| by said town, said extensions and
| equipment to be likewise owned and
| controlled exclusively by said town
| and to levy and collect an annual tax
| in addition to all other taxes upon all
| the taxable property in said town, suf-
| ficient to pay the interest on said
| bonds as IL falls due, and also to con-
| stitute a sinking fund for the payment
| of the principal thereof when due, said
| bonds to bear interest at the rate ol
| six per cent per annum, payable semi
annually and to become due within
twenty years from thoir date?"
|