The copper era and Morenci leader., 1917-03-02

payaDl0 1n l1ke medium, S6m1-annually upon the First day of February and the 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 tional 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 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 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 majority of the property taxpayers of the Town of Clifton, Ari- zona, who were in all other respects qualified 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 punc- tual payment of the principal and of the interest upon this bond.
 IN TESTIMONY WHEREOF, The Town Council of the Town of Clifton, Arizona, has caused this bond to be signed 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, 1917.
 ..-..: -. ..''.. :..''
 Mayor of the Town of Clifton,
 State of Arizona. Attest:
 ------.- ----.. Clerk of the Town of Clifton, (SEAL) State of Arizona
 (FORM OF COUPON NO. S....
 On the First day of (February) (Au- gust) A. D. 19, The Town of Cliff ton, in the State of Arizona, promises to pay to bearer. Dollars in gold coin of the United States Of America, of or equal to the present standard of weight and fineness at the office of the Town Treasurer of the Town of Clifton, at Clifton, in the State of Arizona, or at the First Ma tional Bank of Clifton, Arizona, at the option of the holder, being interest due that day on it's wall, bridge and road bond, dated February 1st, 1917,
 (Facsimile Signature)
 Mayor of the Town of Clifton,
 State of Arizona. Attest:
 (Facsimile Signature)
 Clerk of the Town of Clifton,
 State of Arizona.
 REGISTRATION CERTIFICATE OF
 CLERK
 I, the undersigned, the Clerk of the Town of Clifton, State of Arizona, do hereby certify that this bond has been duly entered of record of the proceed ings of the Town Council of the Town of Clifton as required by the pro visions of the law under which the same is issued
 IN TESTIMONY WHEREOF, I have hereunto set my hand and affix- ed the official seal of the Town of Clifton this 18th day of January, 1917.
 Clerk of the Town of Clifton, (SEAL) State of Arizona. ? Said bonds shall be promptly pre- pared and executed as provided by law, and shall be delivered by the Town Council of the Town of Clifton, Arizona, to the lawful purchaser there of in accordance with the law and the contract of purchase made to that end and the amount of bonds sold, their numbers and dates shall be entered upon the record of the proceedings of the Town Council of the Town of Clifton, and the proceeds derived from the sale of said bonds shall be used exclusively for the purpose of said bonds as hereinbefore set forth, but the purchaser of said bonds shall in no wise be responsible for the ap- plication of the proceeds of said bonds by said Town or any of it's officers
 The interest due on said bonds on August 1st, 1917, shall be paid out of the general fund of said Town and for the purpose of reimbursing said gen. eral fund for the amount of interest so taken from it and for the purpose of paying the necessary interest on said bonds after August 1st, 1917, as the same becomes due and to redeem handc v,bon tho conon choI1