The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-02-26

dered and directed TO be issued the ne
gotiable coupon bonds OF said city in
accordance with the prescribed forms
. in the aggregate amount of fifteen
thousand Sl5o0u) dollars. said bonds
shall be designated Park Improve.
menr bonds OF 1917 shall De dfJeon
in number numbered from one CD to
fifteen GjJ, both inclusive, of the de.
nomination of One Thousand CSl.000)
dollars each; shall bear date Of March
L. 1917, shall become due and
payable March I, 1912; shall bear
interest from their date until paid at
the rate of five C5) per cent per an
num- payable semi-annually on the 1st
days of March and September in each
year which ius.allments of interest to
date of maturity Of principal shall be
evidenced by appropriate coupons at.
tached 90 each of said bonds; and both
principal and interest shall be payable
in lawful money Of the United States
of America at the Fiscal Agency of the
state of Oklahoma, in the city and
state of New York, or in the Ryent of
the dis continuance of such agency.
then at the Chatham & Phoenix Ma
tional Bank in said city and state OF
New York.
Section 2 That each Of said bonds
and each OF the interest coupons there.
to attached, shall be in substantially
the following forms, respectively, to.
/ wit.
form of Bond
UNITED STATES OF AMERICA.
STATE OF OKLAHOMA.
THE CITY OF ARDMORE.
PARK IMPROVEMENT BONDS
OF 1917
Mo- $1,000
Know All Men BY These Presents:
That the City of Ardmore, in the State
Of Oklahoma, hereby acknowledges 1t.
self indebted to, and for value received
promises to pay to the bearer the sum
OF one Thousand Dollars on the Isl
day Of March A. D., 1912, together
with interest thereon from date hereof |
until paid, at the rate of five (5) per
cent per annum, payabel semi-annually |
on the lst days OF March and Septem- |
Der each year, said interest evidenced |
by and 10 be paid upon surrender Of !
the coupons hereto attached as they !
seyerally become due both principal |
and interest payable in lawful money
of the United States Of America, at the |
Fiscal Agency Of the STATE of OklahO- !
ma, in the city and state of New York. !
or in the event Of the discontinuance
of such agency then at the Chatham |
a PheniX National Bank in said city |
and state Of New York.
This bond is one OF a series number.
I'd from one to fifteen both inclusive. !
OF like date and tenor. aggrecating |
the principal sum Of fifteen thousand |
t5l5OOO) dollars, and Is issued for the |
purpose oi providing funds for the |
purpose of improving NhittEgton !
Park by constructing and improving |
drivcEays and race courses ana erect. |
ing and improving park buildings |
thereon, to be owned and controlled |
exclusively by said city under Section |
27, Article 10, OF the constitution and |
statutes OF the state of Oklahoma com.
Elementary, supplementary and enact
ed pursuant thereto.
The full faith, credit and resources |
of said city are hereby irreyocably |
pledged 10 the payment OF this bond !
II Is Hereby Certified and Recited I
that all acts, conditions and things re.
quired to be done, precedent to and In
the issuance of this bond. have been
properly done, happened and been per.
formed in regular and due form as re-
quired by law, and that the total in
debtedness Of said city, including ;his 4
bond and the series OF which II forms 1
a part, does not exceed any cOnstitu.
tionai or statutory limitation; and that
due provision has been made for the /
collection Of an annual tax sufficient
TO pay the interest on this bond as IL |!
falls due and also to constitute sink. I
Ing fund for the payment OF the prin-
cipal hereof at maturity.
In Witness Whereof said city has
caused this bond to be signed by its 4
mayor lttestcd by It's city clerk. and
sealed with the seal thereof. this lst
day Of March, A. d. 1917.
Atta.f. No.