The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-07-25
PAGE EIGHT
ORDINANCE NO. $50.

THE IMPROVEMENTS DONE AND
PERFORMED ON STREET I'M
PRovEATENT DISTRICT NUMBER
EIGHTEEN d9 OF THE CITY OF
ARDMORE, OKLAHOMA. AND PRO
VID1NG FOR THE AMOUNTS OF
SAID BONDS. AND DECLARING
AN EMERGENCY.
BE IT ORDAINED BY THE BOARD
OF COMMISSIONERS OF THE
CITY OF ARDMORE
Section l. The mayor of the city of
Ardmore is hereby ordered and in
structed to issue Improvement bonds up
on Street Improvement District Number
eighteen Of the city Of Ardmore, Okla
homa, the same being on all that por'
ton of
&c" street southwest from the south
line Of Stanley boulevard to the
north line of Moore street of the
city Of Ardmore, Oklahoma,
including alley crossings and street in
tersections thereon, in the sum Of
(S57O0.44 fifty-seven hundred and 44-100
dollars.
And the city clerk is hereby ordered
and directed to attest said bonds as pro
vided by ordinance and by law,
Section 2. said bonds shall be in de-
nomination as follows:
10 bonds for $50 each amounting to
$3.50
10 bonds for 5000 each amounting to
$4,000
bonds for $500 each amounting to
$4,000.
bond for s5O,44.
Said bonds shall be numbered consec.
utlyely beginning with number l to
rumber thirty 500 and the last bond
numbered 80 shall be for the sum Of
S5O.44. Vss4s
Section 3. Attached to the said bonds
and part thereof shall be interest
coupons. numbered one Q) to eleven az
inclusive and coupon number one o.
shall be for the sum Of 5Sc on each $50
bond: s232 on each 5000 bond; $3.50 on
each $500 bond and 59c on the s50.44
bond.
And coupons number eleven al shall
be for the sum of $2.42 on each $50
tond; s9.6S on each 5000 bond s24.2O
on each $500 bond; and s2.43 on the
s50.44 bond
All other coupons on each $50 bond
shall be for $500 each, on each 5000
bond for $500 each; and on each $500
bond for $4,000 each.
All other coupons shall be each for
the sum Of $500 on the S5O.44 bond.
Said bonds and coupons shall be sign
ed by the mayor and attested by the
city clerk under the corporate seal of
the city Of Ardmore, provided, however
that the signatures Of the mayor. the
city clerk and the impress of the corpo
rate seal of the city OF Ardmore may be
autographed upon the coupons.
said bonds and coupons shall be exc
cuted by the mayor and attested by the
city clerk and certified to by the city
clerk and the city treasurer and said
bonds and the certificate Of the city
clerk and the city treasurer shall be in
words and figures as follows. to-wit:
BOND.
UNITED STATES OF AMERICA
STATE OF OKLAHOMA
CITY OF ARDMORE
No. s----
Street Improvement Bond Series No
IS.
Know all Men by These Presents
That the city of Ardmore, Oklahoma, a
duly organized municipal corporation, in
Carter county state Of Oklahoma, foI
value received. hereby acknowledges IL
self indebted to and promises TO pay
TO bearer the sum
on or before the twentieth day Of July
1917. with interest on said sum from
date hereof until paid at the rate Of six
g per cent? percent per annum, paya
ble annually on the first day of October
OF each and every year, as is evidenced
by and upon the surrender Of the an.
ncXed interest coupons as they sever
ally become due. Both principal and
interest payable in lawful money Of the
United States Of America, at Chatham
& Phoenix National Bank. the fiscal
agent OF the state Of Oklahoma. In New
York. New York and in the event OF
the discontinuance Of said fiscal agent
before maturity OF this bond. then and
In that event, said bond. and the inter.
est coupons not paid. shall be payable
at the office OF the city treasurer of
the city Of Ardmore. Oklahoma.
This bond is one OF series Of like
date and tenor, except as 10 amount
numbered consecutively from one % to
q. irty tSO inclusive. constituting series
No. is aggregating $500 and 44.i0O
issued for the improvement OF Street
Improvement District No. IS. same be.
ing
All that portion Of &C" street south.
west from the south line OF Stanley
Boulevard. 70 the north line OF
Moora street southwest including al
ley crossings and street intersec.
tions thereon
IN the city of Ardmore. Oklahoma, and
Is payable solely from assessments.
which have been levied upon the lots,
tracts and parcels OF land benefited by
said improvements under authority OF
house bin No. 28i enacted by the first
legislature OF the state OF Oklahoma
end approved April II. 1908, which is
incorporated In and made a part OF the
charter Of the city OF Ardmore, Okla.
homa and OF section one G) article
eleven an OF the charter OF the city Of
Ardmore. Oklahoma, adopted at an cleo
ton held on November n. 1908. By the
qualified voters Of the city OF Ardmore.