Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-08-03
IEGAI.
q and 4, 1917. World Publishing
Company Publisher
Legal.
ORDINANCE NO. 1871.

Company, Pubhsher')
ORDINANCE NO. 1871,
An ordinance providing Cor the issue on
public Subway and Vladuei pona' .b .wonnt
CITY Of Tulsa, Oklahoma, in the O aihourp. O1r
of Thirty thousand dollars tSSoooV'Ooni
providing for the payment thereoi' anu
declaring an emergency o,,
WHEREAS, on the 1lth lay OF Juiy, 40
nursnsut TO A proclamation OF the ha!or VI
he City OF Tulsa, Oklahoma, heretoiEre
sued. an election was held in said w! ~
Tulsa for the purpose OF sup,hi'',ms ,,,s no, M
qualified electors Of said city ln9 w, ~ ,ba
ne issuance OF the bonds Of said city IN tne
sum of sac, 10000 for the purpose oi PtoSiua,
inr funds for the repair, Improvement a.a ,.
construction of public subways ana 'i'uu'''
in said city and =.
WHEREAS as shown by me oan s o.n.
the County Election Board as board ol can ,
vassers of such election, 4l9 votes were cass
In favor of the issuance OF said bonus, "a
votes were cast against the issuance oi s
bonds, and no mutilated votes were cast "i,u
the number Of votes cast in favor OF ne
suahce of said bonds being more lhhn Lar
| full majority of the votes cast az ss'u etevtiil
I the issuance Of said bonds has Deeh autnorieea
and directed. ,,,,,r>
NOW. THEREFORE, BE 1T ORDhlNEpp
nv THE BOARD OF COMMISSIONERS oF
/ THE CITY OF TULSA, OKLAHOMA;
SECTION l. That for the purpose OF re.
pairing improving and constructing Runpms Rnln
subways and yaducts IN said SH! VA VI u,s%,'
] -
lie subway and Viaduct Bonds of said City
OF Tulsa, in the amount Of thirty thousnnu hin,u
dollars $3.50, 100000 consisting Oh thlH
| (3OJ bends, numbered from TO 3o no.n
| inrmsiye in the sum OF One thousand dollars
| (SI 600 0O) each, all bearing date lhe ISL
day OF February, 1918, which sara ponas -,
shall bear interest, evidenced by coupons ar
tachcd at the rate OF flve tol per ceI'hh ,.h
per annum, payable semi annually, and pom
principal and interest OF said bonds VIII oe
made payable at the Fiscal Agency OF .he
State Of Oklahoma in the oity OF new F;orsi f;orsi
state OF New York, and in case sald tisGsl .ha
| Agency shall hereafter be discontinued ths
same Shall be payable at the Chatham a.
| Phoenix National Bank in said city oi new
the principal amount OF sail bonds VIII Pc
come due on the LIST day Of August III ty
year 1922, and One thousand doiial
| (sl l.o00.0O) Of the principal amount Gi sa,
| bonds shall become due on the lst day o.
August In each OF the years 1913 TO lyo1
| both inclusive, and Two thousand loilaft
| $4,000. .O0) Of the principal amount OF saia
bonds shall become due on the lst day OF
| August in each OF the years 1896 to l94L
both inclusive.
SECTION 2. That the bonds hereby an.
thorized shall be in substantially the follow.
Ing form:
UNITED STATES or FAM aMEERIcA'
CITY OF TULSA.
SUBWAY AND vIADUCT BONDS OF 1917.
KNOW ALL MEN by THESE PRES
| FNTS: That tho City OF Tulsa, in the
State Of Oklahoma, hereby acknowledges
itself indebted to- and for value received
TO PSy to oG peIssr II bs Sa trst
day Of August, 10, together with In.
tersst thereon from tho 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
denccd Ly 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 hereafter be discontinued the same
shall he payable at the Chatham y
Phoenix National Bank in said City OF
| New York
This bond Is one of series numbered
from one to thirty, both inclusive. OF like
| date and tenor except as TO dato OF ma.
.rrty. aggregating the principal sum OF
| Thirty thousand dollars, aud is issued for
the purpose OF providing funds for tho
repair, Improvement and construction Of
| public subwlys and viaducts in said city,
under the authority given in Section ?B
| of Article 10 OF the Constitution OF the
| State of Oklahoma, and the statutes com.
| Elementary, supplementary and enacted
| pursuant thereto.
The FUN faith credit and resources Of
said city ara hereby irrevocably pledged
tc 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, precedit to
| AL in the issuance of this bond, nave
been properly done, have happened end
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 it forms a
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 sinking fund for tho
payment of the principal hereof at ma
turity.
IN WITNESS WHEREOF said City has
caused this bond to be signed 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 simils sigma.
lures of said officers, this lst day Of
|