The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-03-25
ORDINANCE NO. Ss4.

ORDINANCE No. S54.
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 ARpMORE, |
CARTER COUNTY, STATE |
OF OKLAHOMA, THE PROP
OSITION OF ISSUING THE |
NEGOTIABLE COUPON |
BONDS OF SAID CITY TO |
THE AMOUNT OF TWENTY |
THOUSAND ($2O,00000) DOL
LARS FOR THE PURPOSE |
OF PROVIDING FUNDS FOR |
SECURING \ SITE FOR A |
PUBLIC PARK IN THE SEC |
OND WARD OF THE CITY
OF ARDMORE, CARTER
COUNTY, OKLAHOMA AND
CONSTRUCTING DRINE T.
WAYS AND WALKS THERE
IN AND ERECTING BUILD
lNGS THEREON TO BE DE
VOTED EXCLUSIVELY TO
PUBLIC USE AND TO BE
OWNED AND CONTROLLED
EXCLUSIVELY BY SAID
CITY OF ARDMORF. AND
DECLARING AN EMERGEN-
CY.
BE IT ORDAINED BY THE
BOARD OF COMMISSIONS
ERS OF THE CITY OF ARD
MORE. IN THE COUNTY OF
CARTER. AND STATE OF OK
LAHOMA:
Section |. That a special election
be and the same is hereby called to
be held in the City of Ardmorc,
County OF Carter, State OF Oklahoma
on Monday, April the twenty-sccond
(22), 1918, for the purpose OF sub
mitling to the qualified property
taNpaying electors OF said city, the
following proposition:
PROPOSITION.
Shall the City of Ardmorc, Carter
County State OF Oklahoma, incur
an Indebtedness by issuing its ne
gotiablc coupon bonds in the ag-
gregate principal sum OF Twenty
Thousand ($200O0) Dollars for the
purpose OF providing funds for Sc
curing a site for public park in
the Second Ward OF the City OF
Ardmore, Carter County, Oklahoma
and constructing driyeways and
walks therein and erecting build
ings thereon to be devoted eXclus-
lively to public use and to be owned
and controlled exclusively by the
said City OF Ardmore, and levy and
collect an annual tax in addition tc
all other taxes upon all the taxable
property in said City OF .Ardmore
sufficient to pay the interest," on sale
bonds as it falls due, and also tC
constitute a sinking fund tor tn,
payment OF the principal thcreo
when due, said bonds to bear in
terest not to exceed five (5) pc
cent per annum, payable semi-an
nually and the principal sum to be
come due within twenty-five Us
years from date.
Section 2. That the Mayor OF tn
said City OF Ardmore, County o
Carter, state OF Oklahoma, Is here
by authorized and directed to ca
said special election by proclama
ton, specifying therein, the propo
| sition to be voted upon substantial
, ly in the manner above set tortl
, the time and place Tor holding sal
election, the hours at which sal
, election shall open and close, tn
] names OF the officers who shall cor
} duct said election and the form c
e the ballot to be used thereat. Sai
!, election shall be held as provide
b by law Tor special elections, in az
Il cordance with the provisions OF Sec
2, ton 496 OF chapter H. Article Z,
2 the keyiscd Laws OF Okiahoma
5 1910. The ballots Tor sand electio
shall be prepared by the City CleT
E OF Ardmore, Carter County OH;
r. homa.
r. Section s. All quaIlhed eIectoi
d residing in said City OF Ardmor
l, Carter County, Oklahoma, who al
II also property taxpayers, shall
II allowed to vote at said election c
e the aforesaid proposition.
!, Section 4. That by reason OF Il
" park in the Second Ward OF sa
d city 1t Is deemed necessary Tor Il
1t immediate preservation OF the pu