The copper era and Morenci leader., 1917-02-23

Iu6 r lISI Qdy Ol SO1udly dL0 bhO First day of August in each year as evidenced by interest coupons hereto attached, both principal and interest payable at the office of the Town Treasurer of the Town of Clifton, in Clifton, Arizona, or at the First Ma ticnal Bank of Clifton, Arizona, at the option of the holder, upon presen- tation of this bond or said coupons respectively. This bond is issued by the Town Council of the Town of Clifton, Ari- zona, for the purpose of acquiring funds for the construction and recon struction of river walls, the construc- tion of bridges and the construction and reconstruction of roads and high ways in said Town by virtue of and in | full conformity with the Constitution of the State of Arizona and Chapter II of Title 52 of the Revised Statutes of the State of Arizona, 1913, Civil Code, and all amendments thereto, and all other laws of the State of Ari- zona thereunto enabling; and it is hereby certified and recited that all acts, conditions and things required l to be done precedent to and in the Issuing of this bond have been done, happened and performed in regular and due form as required by law; and | that a direct annual tax has been lev l jed upon all the taxable property in the Town of Clifton for the payment of this bond and the interest thereon.
 It is further hereby certified, re- cited and warranted that the total in- debtedness of said Town, including that of this bond, does not exceed the limitation prescribed by the Consti- tuition or laws of the State of Ari- zona, and that the issue of this bond has been authorized by the affirma tive vote of a majority of the property taxpayers of the Town of Clifton, Ari- zona, who were in all other respects IuuaIified electors therein, voting upon the question at an election duly held in said Town on the 18th day of Jan uary, 1917.
 The faith and credit of the said Town of Clifton, in the State of Ari- zona, are hereby pledged for the pune tual payment of the principal and of the interest upon this bond.
 IN TESTIMONY WHEREOF, The lTown Council of the Town of Clifton, Arizona, has caused this bond to be lsigned by the Mayor and attested by the Town Clerk of said Town and the corporate seal of the Town of Clifton to be affixed hereto, and has caused the annexed interest coupons to bear a facsimile of the signatures of said Mayor and Clerk of the Town of Cliff ton as of this 1st day of February, II 1917.
 
 Mayor of the Town of Clifton,
 State of Arizona.
 Attest:
 
 Clerk of the Town of Clifton,
 (SEAL) State of Arizona. (FORM OF COUPON
 On the First day of (February) (Au. gust) A. D. 19...., The Town of Cliff, ton, in the State of Arizona, promises f to pay to bearer. r........... Dollars in gold coin of the United States ot America, of or equal to the present standard of weight and fineness al the office of the Town Treasurer oi the Town of Clifton, at Clifton, in the State of Arizona, or at the First Ma F tional Bank of Clifton, Arizona. at the f option of the holder, being interest f due that day on it's wall, bridge and f road bond, dated February 1st, 1917 f (Facsimile Signaturee , Mayor of the Town of Clifton
 State of Arizona.
 Attest:
 Facsimile Signature)
 . Clerk of the Town of Clifton,
 State of Arizona.
 7 REGISTRATION CERTIFICATE OF ; CLERK
 I, the undersigned, the Clerk of the
 Town of Clifton, State of Arizona, dC . hereby certify that this bond has beer I duly entered of record of the proceed : ings of the Town Council of the TowI
 of Clifton as required by the pro , visions of the law under which the I same is issued.
 = IN TESTIMONY WHEREOF, | have hereunto set my hand and affix : ed the official seal of the Town O = Clifton this 18th day of January, 1917 t Clerk of the Town of Clifton - (SEAL) State of Arizona. q Said bonds shall be promptly pre- ', pared and executed as provided b! r low, and shall be delivered by th' - Town Council of the Town of Clifton ' Arizona, to the lawful purchaser there l of in accordance with the law and thu 9 contract of purchase made to that enC S and the amount of bonds sold, thei !. numbers and dates shall be entered J. upon the record of the proceedings o f the Town Council of the Town O r, Clifton, and the proceeds derive J. from the sale of said bonds shall b ,. used exclusively for the purpose o r said bonds as hereinbefore set forth l. but the purchaser of said bonds shal e in no wise be responsible for the ar v plication of the proceeds of said bond n by said Town or any of it's officers l. The interest due on said bonds ol S August 1st 1917, shall be paid out O s the general fund of said Town and fo d the purpose of reimbursing said ger e eral fund for the amount of interes n so taken from it and for the purpos 1T of paying the necessary interest ol l, said bonds after August 1st, 1917, a . the same becomes due and to redeen t. the said bonds when the same shal If mature serially in the years 1918 t Il 1886 inclusive, there shall be levie Il upon all the taxable property in sai