The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-03-23

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ORDINANCE NO. 349.
AN ORDINANCE RELATING
TO THE CALLING OF AN
ELECTION FOR THE PUR-
POSE OF SUBMITTING TO
THE QUALIFIED PROPER
TY TAXPAYING ELECTORS
OF THE CITY OF ARDMORE.
CARTER COUNTY, STATE
OF OKLAHOMA, THE PROP
OSITION OF ISSUING THE
NEGOTIABLE COUPON
BONDS OF THE CITY OF
ARDMORE, CARTER COUN-
Try, OKLAHOMA, TO THE
AMOUNT OF TW WENTY
THOUSAND ($2O,OOOOO) DOL
LARS, FOR THE PURPOSE
OF PROVIDING FUNDS FOR
THE PURPOSE OF ACQUIR-
ING A SITE, AND ERECTING
AND EQUlPPING A BARN
AND STORAGE HOUSE
THEREON, TO BE DEVOTED
TO PUBLIC USE EXCLU-
SIVELY, AND TO BE OWN
ED AND CONTROLLED EN-
CLUSIVELY BY SAID CITY
OF ARDMORE, CARTER
COUNTY, OKLAHOMA. AND
DECLARING AN EMERGEN-
CY.
BE 1T ORDAINED BY THE
BOARD OF COMMISSIONS
ERS OF THE CITY OF ARD
MORE, IN THE COUNTY OF
CARTER, STATE OF OKLA
HOMA:
Section /. That a special election
be and the same is hereby called to
be held in the City OF Ardmore,
Carter County, State OF Oklahoma,
on Monday, April twenty-second.
1918, lor the purpose of submitting
to the qualified property taxpaying
electors OF said city OF Ardmore, the
following proposition:
PROPOSITION.
Shall the City of Ardmore. Car.
ter County, State OF Oklahoma.
incur an Indebtedness, by issuing
its negotiable coupon bonds in the
aggregate principal sum of twenty
thousand ($20,000.0O) dollars, for
the purpose of providing funds for
the purpose OF securing a site and
erecting thereon, and equipping a
barn and storage house, all of
which shall be devoted to public
use, exclusively, and to be owned
and controlled exclusively by said
City of Ardmore, Carter County,
State OF Oklahoma and levy and
collect an annual tax, in addition to
all other taxes, upon all the taxable
property in said City of Ardmore,
Carter County, State OF Oklahoma.
sufficient to pay the interest on said
bonds as it falls due, and also TO
constitute a sinking fund for the
payment of the principal thereof,
when due, said bonds to bear inter
est not to exceed five per centum
per annum, payable semi-annually.
and the principal sum to become
due within twenty-five (25) years
from date.
Section ?. That the mayor Of the
City OF Ardmore, County Of Carter,
State of Oklahoma, is hereby au-
thorized and directed to call said
special election by proclamation,
specifying therein the proposition
to be voted upon substantially in
the manner above set out, the time
and place for holding said election,
the hours at which said election
shall open and close, the names OF
the officers who shall conduct said
election, and the form OF the ballot
to be used thereat. Said election
shall be held as provided by law
for special election, in accordance
with the provisions of Section 45S
Of Chapter 10, Article 2, of the Re-
vised Laws Of Oklahoma OF 1910.
The ballots for said election shall
be prepared by the City Clerk of
Ardmore, Carter County, Oklaho-
ma.
Section 8. All qualified electors
residing in said City OF Ardmore,
Carter County, Oklahoma, who are
also property taxpayers, shall be al
lowed to vote at said election on
the aforesaid proposition.
Section 4. That by reason OF the
: City OF Ardmore being without an
, adequate storage house and barn, it
, is deemed necessary for the imme-
diate preservation OF the public
, peace, health, welfare and safety
? that said storage house and barn
F. be Immediately built and equipped,
5 and an emergency is hereby de-
/, clared to exist by reason therof, and
t this ordinance shall take effect from
e and after its passage, approval and
a publication.
= Passed by the Board of Commits
y sioners of said City of Ardmore
=, Carter County, Oklahoma, on this
the END day Of March, 1918.
), Approved by the mayor of the
:, City Of Ardmore on this the 22nd
!, day Of March, 1918.
), w. r. ROBERTS, Mayor.
: Attest; G. w. Groom, City Clerk.
(SeaD.
e First published March Is, 1918
a ONJE nDAXXTDANU