The Holbrook news., 1917-05-11
Notice and Order for the Issue and Sale of $16O,OOO County Road Bonds of NaUajo County, Arizona.


 Supervisors of Navajo County,
 State of Arizona, made and en-
 tered of record on the 18th day
 of March, A. D. 1917, a Special
 County Road Bond Election was
 duly called, to be held on Tues day, the 24th day of April, A, D. 1917, on the question of
 whether or not the County of Navajo should become indebted in the sum of $16O,OOO and it's bonds in said sum issue therefor, for the construction and recon struction of the public roads of said County of Navajo; and
 Whereas, the returns of said special election have been made to and duly canvassed by the Board of Supervisors of sald County of Navajo and the result thereof declared and duly certi- fled to, and which certificate has been duly filed in the office of the County Recorder of Navajo County in the form and manner required by Sections 5270 and 5271 of the Revised Statutes of Arizona, 1913; and the Board of Supervisors has heretofore a. dopted a resolution declaring the result and validity of said special election and that said Board of Supervisors of said County of Navajo has been duly authorized and empowed by a majority of the property taxpay- CTS of said County of Navajo who, in all other respects are qualified electors of said county, voting at an election held in said county, voted in favor of the creation of said indebt- edness of $160, GOO, being less than four per centum of the value of the taxable property of said county as ascertained by the last preceding (1916) assess ment for state and county pur- poses and issuance of bonds in the amount of $160,000 for the purpose of constructing and | .reconstructing the public roads of Navajo County.
 Now, Therefore, by reason of the Premises, It Is Ordered by the Board ofSuperYisor of Maya jo County as follows:
 Section 1. That public notice is hereby given that the Board of Supervisors of Navajo County, Arizona, has been authorized to order and does hereby order and direct the sale of the following described bonds of the said Coun- ty of Navajo, to-wit:
 County road bonds in the ag- gregate principal sum of $780, 900, comprised of one hundred sixty bonds numbered consecu- tlyely from 1 to 160 inclusive, of the denomination of S1,000 each, dated June 8th, 1917, absolutely due and payable in numerical order as follows:
 No. of Bonds Date of Maturity
 Ito 15 incl. June8. 1880, AID. Is to 36incl. June 8, 1885, AID. 37 to 62 incl. June 8. 194O, AID. 63 to 93 incl. June8, 1945, AID, 94 to 124incl. June 8, 1850, AID. 125 to 160 incl. June 8. 1857, AID. and bearing interest at the rate of five per centum per annum, payable semi-annually, for the purpose of raising funds with which to construct and recon struct the public roads of the County of Navajo. State of Ari- zona.
 Section 2. That sealed pro- posals will be received by said Board of Supervisors of said Navajo County for the purchase of said bonds on Monday, the 11th day of June. 1917, at the hour 10 o'clock A. NJ. at the office of the Board ot Supervisors of Navajo County in the court house at Holbrook, Navajo Coun- ty, Arizona, and that at said time and place a meeting of said Board of Supervisors will be held, at which meeting said Board of Supervisors will open all sealed proposals received by it and award the purchase of