Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-08-04
LEGAL.
Tpnbli.6ed in the Tulsa Daily World, August
2. 9. and 4, 1917 World Publishing
Company Publisher.)
LEGAL.

COMPANY
ORDINANCE NO. 1881.
An ordinance providing tor the issue Of
| public Subway and Viaduct Bonds OF the
CITY of Tulsa Oklahoma, In the amount
Of Thirty thousand dollars $3.50, ,OoV'ooli
providing for the payment thereof and
| declaring an emergency.
WHEREAS on the 11th lay OF July. 1917.
pursuant to a proclamation Of the Mayor oI
the City OF Tulsa, Oklahoma, heretofore is
sued, an election was held in sad Clty oi
Tulsa for the purpose OF submitting TO th
qualified electors Of said city the question OF
the issuance OF the bonds OF said city In the
sum Of $40, 10000 for the purpose of provit
ing funds for the repair, Improvement an.
construction of public subways and vladuct'
in said city; and
WHEREAS as shown by the canvass o.
the County Election Board as board Of can
vassers of such election, 4l9 votes were cas-,
In favor Of the issuance Of said bonds, l4u
votes were cast against the Issuance OF said
bonds. and no mutilated votes were cast; an
the number OF votes cast in favor OF 'he is
suance OF said bonds being more than d law
full majority OF the votes cast at said election
the issuance Of said bonds has been authorized
and directed.
NOW. THEREFORE,, BE 1T ORDAINED
BY THE BOARD OF COMMISSIONERS OF
THE CITY OF TULSA, OKLAHOMA:
SECTION l. That for the purpose Of re
pairing, improving and constructing publ"
subways and viaducts in said City Of Tulsa
there are hereby authorized to be issued pub
lie Subway and Viaduct Bonds OF said Cit.
of Tulsa, in the amount Of Thirty thousan'
(30j bonds, numbered from to 80, both
inclusive, in the sum Of One thousand dollars
(sl000.0O) each, all bearing date the 1st
day of February, 1918, which said bonds
tachcd, at the rate of five (5l per centum
per annum. payable semi.snnually, and both
principal and interest OF said bonds WIZ De
made payable at the Fiscal Agency OF tho
GtntA NJ 0kIahnna in tha ('ity of New York
State Of New York, and in case said Fiscal
Agency shall hereafter be discontinued tn.
same shall be payable at the chatham
Phoenix National Bank in said City OF New
York. Five thousand dollars (s5,0O0.C0) OF
the principal amount OF said bonds will be
come due on the lst day Of August IN the
(sI, coo OO) OF the principal amount Of said
bonds shall become due on the 1st day OF
August In esch Of the years 1923 TO 1888.
both inclusive, and Two thousand dollars
bonds shall become due on the 1st day OF
August in each Of the years 1896 TO l941.
both inclusive.
SECTION 2. That the bonds hereby au-
thorized shall he in substantially the follow.
Ing form:
"UNITED STATES or AMERICA,
STATE OF OKLAHOMA,
CITY OF TULSA.
SUBWAY AND vIADUCT BONDS OF 1917.
KNOW ALL MEN BY THESE PRES
ENTS: That the City OF Tulsa, In the
State OF Oklahoma hereby acknowledges
itself indebted to, and for value received
promises to pay to the bearer the sum OF
ONE THOU SAND DOLLARS on the first
day Of August, 10, together with in.
tersst 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 hy and to be paid upon surrender
Of ha haretn nd as fhav
severally become due, both principal and
Interest payable in lawful money Of the
United States of America at tho Fiscal
Agency Of tho Stats OF Oklahoma in
the City of New York, State of New
York. and in case said Fiscal Agency
shall hereafter be discontinued The sams
shall he payable at the Chatham
Phoenix National Bank in said City Of
New York.
This bond Is one OF series numbered
from one to thirty, both inclusive OF like
cate and tenor except as TO date Of ma.
turity. sgsreeating the principal sum OF
Thirty thousand dollars, and Is issued for
the purpose of providing funds for the
repair, improvement and construction Of
public subwsys and viaducts in said city,
under the authority given in Section I'd
of Article 10 Of the Constitution Of the
State of Oklahoma, and the statutes com
Elementary, supplementary and enacted
pursuant thereto
The full faith, credit and resources Of
Cllg al; ucrcuy lrIeNOchDly pleuReu
to the payment Of the entire amount Of
this bond.
1T IS HEREBY CERTIFIED AND RE-
CITED that all acts conditions and
things required to be DONE precedlt to
az in the issuance Of this bond, nave
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
boud and the series Of which IL forms
part, does not exceed any constitutional
or statutory limitation; and that due pro-
vision has been made for the collection
Of an annual tax sufficient to pay tho
interest on this bond as it falls due and
also to constitute a sinking fund for tho
payment Of the principal hereof at ma
turity.
IN WITNESS WHEREOF said City has
caused this bond to be aligned by its
Mayor attested by its City Auditor and
sealed with the seal thereof, and has
caused the annexed interest coupons to
be executed with the fac simil, sigma
lures of said officers. this LIST day Of