Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-08-04
LEGAL
IPublished in the Tulsa Daily World, August
2, 3, 4, 1917. World Publishing
Company, Publisher.)
ORDINANCE NO. 1897.

ORDINANCE NO. 1897.
An ordinance providing for the issue
OF City Hall Competitor and Furnish
ing Bonds Of the City Of Tulsa, Okla
homa, IN the amount OF Soventy',lve
thousand dollars (S75,000.00) providing
for the payment thereof, and declaring
an emergency.
WHEREAS on the llth day OF July, 1917,
pursuant to a proclamation OF the Mayor OF
the City Of Tulsa, Oklahoma, heretofore is
sued, an election was held in said City Of
Tulsa for the purpose of submitting TO the
qualified property tnx'paying voters 0i sald
city the question OF the issuance OF the bonds
OF said city in the sum OF 1000 90 for
the purpose of providing funds to complete
the City Hall and TO buy equipment and FUR
nishings therefor oil to be used as pubhc
utilities and owned exclusively by SAID city !
and
WHEREAS, as shown by the canvass OF the
County Election Board as a board ot can.
vasssrs OF such election. 1872 votes were cast
IN favor OF the issuance OF said bonds $50
votes east against the issuance OF said
bonds and 4 mutiatc1 votes wers cast and
tho number Of votes cast In favor OF the is
suance OF said bonds being more than u law
full majority Of the votes cast at sail cleo
tion, the issuance OF said bonds has been au
thorized and directed.
NOW, THEREFORE. BE IT ORDAINFD BY
THE BOARD OF COMMISSION 49, OF
THE CITY OF TULSA, OKLAHOMA:
SECTION /. That for the purpose Of pro.
wang iuHds 10 compete lhe tlty nan
to buy equipment and furnishings therefor,
all TO be used public utilities and owned
exclusively by said city, there are iereby
authorized to be issued City Hall Completion
and Furnishing Bonds OF said City Of Tulsa,
in the amount OF Seventyfiye thousand dol
lars (s75, ,000.0O), consisting OF seventy.five
(75) bonds numbered from TO -, both
inclusive, TO be in the sum OF One thousand
dollars s ,000.00) each, all bearing date the
first day Of February, 1918 which said bonds
shall bear interest, evidenced by coupons at
tached. at the rate Of five (5( per centum
per annum, payable semiannually, and both
principal and interest of said bonds shall be
-rmade payable at the Fiscal Agency of the
State OF Oklahoma in the City OF New YORK.
State Of New York, and in case said fiscal
Agency shall hereafter be discontinued the
same shall be payable at the Chatham a.
Phoenix National Bank in said City o! New
York. Ten thousand dollars. o,oooool
OF the principal amount OF said bonds shall
become due on the first day OF August, 1922,
and Four thousand dollars (s4, ,000.00) of
the principal amount OF said bonds shal be
come due on the first day of August IN each
Five thousand dollars $4,000. .0o) Of the prin-
cipal amount OF said bonds shall become due
on the first day of August, 1893.
SECTION 2. That the bonds hereby au-
thorized shall be in substantially the follow.
Ing form:
"UNITED STATES OF AMERICA,
STATE OF OKLAHOMA,
CITY OF TULSA.
CITY HALL COMPLETION AND FUR
NlSHING BONDS OF 1917.
KNOW ALL MEN BY THESE PeES.
ENTS: That the City OF Tulsa in the
ST te OF Oklahoma hereby acknowledges
itself indebted to, and for value received
promises to pay TO the bearer the sun Of
ONE THOUSAND DOLLARS on he first
day Of August, 80, together with in.
tercst thereon from the date hereof until
paid at the rate of five (5) per cent
per annum, payable semi. annually on the
first day OF August and the first day Of
February in each year. said interest evil
denced by and to be paid upon surrender
OF the coupons hereto attached as they
severally become due both principal and
interest payable In lawful money OF the
United States of America at the Fiscal
Agency Of the State OF Oklahoma in the
City of New York, State Of New York,
and in case said Fiscal Agency shall here
after be discontinued the same shall be
payable at the Chathsm Phoenix Ma
tional Bank in said City of New York.
This bond is one OF a series numbered
from one to seventy-five, (both in
clusive). OF like date and tenor except
as to date OF maturity aggregating the
dollars ($75, 900 00), and is issued for
the purpose of providing funds TO com
pletc the City Hall and to buy equipment
. and furnishings therefor all to be used
as public utilities and owned exclusively
by said city, under the authority given
In Section 27 OF Article 10 of the Con-
stitution OF the State OF Oklahoma, and
the statutes Complementary, uIple-
mentary and eenacted pursuant thereto.
The full faith, credit and resources Of
tad city are hereby irrevocably pledged
to the payment of the entire amour; Of
- this bond.
1T IS HEREBY CERTIFIED AND RE-
CITED that all acts conditions and
things required to be done precedent to
and in the issuance of this bond have
been properly done, have happened and
been performed in regular and due form
as required by law, and that the total
Indebtedness OF said city, including this
bond and the series of which il forms a
part does not exceed any constitutional
or statutory limitation; and that due
provision has been made for the col.
lection OF IN annual tax sufficient to pay
the interest on this bond as it falls due
and also to constitute a sinking fund for
the payment OF the principal hereof at
maturity.
IN WITNESS WHEREOF, said city
has caused this bond to be signed by its
Mayor, attestei by its City Auditor, md
sealed with the seal thereof, and has
caused the annexed interest coupons to
be executed with the fac simile signatures
Of said officers this LIST day Of Feb.
ruary, 1918.