The Holbrook news., 1917-12-28
Notice and Order for the Issue and Sale of $25,OOO, School Bonds of School District No. 5. of NaUajo County. State of
 Arizona

record on the first day of Octo- Der, A. D. 1917. a School Bond Election was duly called to be held on Saturday, the 10th day of November, A. D. 1917, to de- termine whether or not the said School District No. 5 (Snowfake) of Navajo County, should incur an indebtedness of $25. 900, and issue it's Bonds in said sum therefor, for the purpose of erecting and constructing a School House for said School
 District No. 5 (Snowfake), for purchasing a building site for said School House, for laying out grounds for the same, and for
 furnishing and equipping said School House; and
 Whereas the returns of the said School Bond Election have
 been made to and duly canvassed
 by the Board of Supervisors of the said County of Navajo. and the result thereof declared and duly certified to, and which Ger tifcate has been duly filed in the office of the County Recorder of Navajo County in the form and
 manner required by Sections 5270 and 5271 of the revised Sta tutes of Arizona, 1913; and the
 Board of Supervisors has hereto
 adopted a resolution declaring
 the result and validity of said
 election and that said Board of Supervisors of said County of Navajo had been duly authorized
 and empowered by more than a
 majority of the property taxpay-
 CTS of said School District No. 5
 (Snowfake), of Navajo County. and in all other respects quail fled electors of the said School District No. 5 (Snowfake), Coun- ty of Navajo. voting at an Elec- tion held in the said School Dis trict No. 5 (Snowfiake), voted in favor of the said creation of in- debtedness of S25.O GOO, and the sale of Bonds in the said sum of S25, 900, said sum being less than six per centum of the value of taxable property of the said School District No. 5 (Snowfake) as ascertained by the last. pre- ceding assessment for State and County purposes, for the purpose of erecting and con- structing a School House for said School District No. 5 (Snow- fiake). for purchasing a building site for said School House, for laying out grounds for the same, and for furnishing and equipping said School House;
 Now, Therefore, by reason of the Premises, It is ordered by the Board of Supervisors of the County of Navajo, as follows:
 Section-1. That public notice is hereby givin that the Board of Supervisors of Navajo County, Arizona, has been authorized to order and does hereby order and direct the sale of the following described Bonds of the said School District No. 5 (Snow- hake), Navajo County. to wit: Bonds in the aggregate, principal sum of $25,000, comprised of twenty-five Bonds. numbered from one CD to twenty-five (25) inclusive, and to be of the demo- imitation of $1, 1000. each, dated the 31st day of December. 1917, absolutely redeemable forty (4O) | years from their date, bearing at the rate of 6 per cent per annum, payable semi annual  y. but reserving to the said School District No. 5 (Snow- lake), the right to redeem the iaid Bonds at any time after ten ,10) years from the date of issue;
 Section 2 That sealed pro- ,osals will be received by said Board of Supervisors of the said County of Navajo, for the pur- hase of said Bonds on the Eth lay of January, 1918, at the hour f Ten o'clock A. M., at the of ice of the Board of Supervisors f Navajo County, in the Court Iouse, at Holbrook, in the Coun- y of Navajo; Arizona, and that t said time and place meeting f the said Board of Supervisors