The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-07-24
ORDINANCE NO. $50.

PRovEMENT BONDS TO PAY FOR
THE IMPROVEMENTS DONE AND
PERFORMED ON STREET I'M
pRovEMENr DISTRICT NUMBER
EIGHTEEN u0 or THE CITY OF
ARDMoRE, OKLAHOMA, AND PRO
vIDlNG FOR THE AMOUNTS OF
SAID BONDS, AND DECLARING
AN EMERGENCY,
BE IT ORDAINED BY THE BOARD
OF COMMISSIONERS or THE
CITY or ARDMoRE:
section /. The mayor OF the city Of
Audmore IL hereby ordered and in
structed 10 issue Improvement bonds up
on street Improvement District Number
eighteen OF the city Of Ardmore, Okla
homa. the same being on all that por-
tion OF
"Go street southwest from the south
line OF Stanley boulevard to the
north line OF Moore street, OF the
clty of Ardmore, oklahoma,
including alley crossings and street In
tersoctlons thereon. in the sum OF
Cs57OO40 fifty-seven hundred and 44-lOO
dollars
And the city clerk Is hereby ordered
ana directed to attest said bonds as pro
ylded by ordinance and by law.
section .. Said bonds shall be in de-
nomination as follows
10 bonds for $50 each amounting to
$3.50
10 bonds for 5000 each amounting to
$4,000.
bonds for $500 each amounting to
$4,000.
bond for s5O.4i.
said bonds shall be numbered consec-
rtively beginning with number / TO.
rumber thirty tSOl and the last bond
numbered 80 shall be for the sum Of
s6O44.
Section g. Attached TO the said bonds
and part thereof shall be interest
coupons. numbered one ul to eleven an
inclusive and coupon number one u|
shall be for the sum OF 5Sc on each $50
bond: sass on each $500 bond. $3.50 on
each $500 bond and soc on the S50.44
bond
And coupons number eleven uD shall
be for the sum OF S2.s2 on each $50
rond: s9.6S ON each $500 bond; S242O
on each $500 bond. and s2.As on the
s50.44 bond
An other coupons on each $50 bond
shall be FOR $500 each. on each 5000
bond FOR Si2.00 each; and on each $500
bond Tor $4,000 each
All other coupons shall be each for
the sum OF Sa0s on the S50.4i bond.
said bonds and coupons shall be sign.
e. by the mayor and attested by the
city clerk. under the corporate seal OF
the city OF Ardmore, provided, however
that the signatures OF the mayor. the
city clerk and the impress Of the corpo
rate seal OF the city OF Ardmore may be
autographed upon the coupons.
said bonds and coupons shall be exc
cuted by the mayor and attested by the
city clerk and certified 20 by the city
clerk and the city treasurer and said
londs and the certificate OF the city
clerk and the city treasurer shall be in
words and figures as follows. to-wit;
(B0NDl.
UNITED STATES OF AMERICA
STATE OF OKLAHOMA
CITY or ARDMORE
No. S----
street Improvement Bond Series No.
IS
Know all Men by These Presents;
That the city OF Ardmore, Oklahoma, a
duly organized municipal corporation, in
Carter county. state OF oklahoma, for
value received. hereby acknowledges Il.
sell indebted 10 and promises TO pay
To- bearer the sum
ON or before the twentieth day OF July.
1917. with interest on said sum from
cate hereof until paid az the rate OF six
Is per cent? percent per annum. paya-
Die annually on the first day OF October
90 each and every year, as Is evidenced
ly and upon the surrender Of the an
r,Xed interest coupons as they sever
ory become due, Both principal and
interest payable I'm lawful money Of the
United states OF America. az Chatham
IS Phoenix National Bank. the fiscal
acen; of the state OF oklahoma ln New
York. New York. and in the event OF
thc discontiuuancc of said fiscal agent
before maturity of this bond. then and
ia that event said bond. and the inter
est coupons not paid shall he payable
"a, the office of the city treasurer OF
abe city of Arimore oklahoma.
This bond is one of a series OF like |
cate and tenor, except as 90 amount !
. umbercd cousccuuvely from one ul 90 |
q nty l2W inclusive. constituting series
no. is aggregaiing $500 and iilOO |
issued Tor the Improvement % street |
Improvement District No. Is. same be
ink
Nu that portion Of &c" street south.
west from the south line % stanley
Boulevard 20 the north line OF
Moore street southwest including al
ley crossings and street interscc-
tions thereon.
in the city OF Arimoro. Oklahoma. and |
Is payable solely from assessments, |
which have been levied upon the lots. |
tracts and parcels OF land benefited by !
rail improvements. under authority OF
fouse bin No. 23l enacted by the first
legislature OF the state OF Oklahoma |
rnd approved April ~. 1905. which Is |
Incorporated In and made part of the
charter of the city Of Ar,imore. Okla.
homa. and Of section one ul article
olevcn un OF the charter of the city OF
Ar,lmore Oklahoma. adopted at an elec.
ton held on November N, 1905. BY the