The Holbrook news., 1918-05-03
NOTICE AND ORDER FOR THE ISSUE AND SALE OF $25,OOOOO SCHOOL BONDS OF SCHOOL DISTRICT MO- FIVE (5) OF NAVAJO COUNTY, STATE OF ARIZONA.


 WHEREAS accordance with an order of the Board of Supervisors of Navajo County State of Arizona ed of record the 9th day of February D. 918 Bond Election duly called and directed Saturday the 23rd day of March, A. D. 1918 which following ques property tax payers who were in all other respects qualified electors said Mo- Five (5) of Navajo County State Arizona:
 Shall School District Mo- Five (5) of Navajo County
 State of Arizona be authorized borrow the sum of
 Twenty-Five Thousand ($25OOOOO) Dollars, and
 sell it's bonds in said aggregate principal sum of
 Twenty-Five Thousand ($25OOOOO) Dollars the pur
 pose of erecting schoolhouse District
 Mo- Five (5) and for furnishing said schoohouse said
 bonds to consist of Twenty-Five (25) bonds to be
 bered from One CD to Twenty-Five (25) inclusive
 which bonds to be of the denomination
 ($1,OO0OO Dollars each and to be redeemable Forty
 (4O) years from the date of issue bearing interest at
 the rate of six G )per cent per payable
 nuay but reserving to said School District No. Five
 (5) Navajo County, Arizona, the right
 bonds at any time after Ten 1O from the date
 of ssue"; and
 WHEREAS the returns of the said School Bond Election have made duly Super vsrs of the said County of Navajo State of Arizona and the duly certified to- which certificate has been duly filed and recorded the office of the County Recorder of Navajo County Arizona in Volume at page COY ct Miscellaneous Instruments required by Sections 527O and 52 of the Revised Statutes of Arizona 193 and the said Board Supervisors adopted declaring suit and validity of said election, and that said Board of said County of Navajo State of Arizona having been duly authorized empowered by than majority said property payers said School District 0 Navajo County Arizona who in all other respects qualified electors
 said School District Mo- Five (5) of Navajo County Arizona voting said election held District 5) of Navajo County Arizona Twenty-Five 5OOOOO Dollars and of the bonds of said School District Five ( the said of Twenty-Five Thousand ($25OOOO) Dollars said being less than centm of the value of the taxable property said School District Mo- Five @ ascertained by the last ceg State and County purposes the purpose of erecting schoohOuse for said School District Mo- Five @ and for furnishing said schoolhouse
 NOW THEREFORE, by of the premises ordered by the Board of Supervisors the County Navajo State Arizona, as follows:
 nubi is hereb theI Board Supervisors Navajo County Arizona authorized and does hereby and direct the of the following described bonds of said School District Mo- Five 0 of Navajo County Arizona towt Bonds the aggregate prn cipa of Twenty-Five Thousand ($25OOOOO) Dollars prsed of Twenty-Five (25) bonds numbered from One CD to Twenty-Five 2 inclusive each bond to be of the denomination of One Thousand 000O0) Doas said bonds be issued and 18th May 198 absolutely redeemabe Forty O from their date bearing interest at the rate of 6 per payable semannuay the 18th day of May and the 18th day of November of each year, but to the said School District Mo- Five ( of Navajo County Arizona the right to redeem said bonds time after ten from the date of issue;
 SECTION 2-Tha sealed proposals will be received by said Board of Supervisors of said County Navajo State of Arizona the purchase of said bonds the 18th ay A. D. 191 the hour of 200 o'clock F. M at the office of the Board of Supervisors Navajo County Arizona the Courthouse brook the County Navajo State of Arizona and at said time place meeting of said Board of Supervisors will be hed at which meeting said Board of Supervisors will all sealed received award the purchase of said bonds to the highest and best responsible bidder All bids received the purchase of said bonds must be by an ncon certified check National Bank the of SOOOO payable to the Treasurer of Navajo County Azona certified deposited the successful bidder shall retained by the Board of Supervisors and forfeited in the event the bidder shall not out the terms of the contract for the of said bonds All checks other than checks received from the successful bde shall be forthwith returned after said sale bid will be accepted for less than plus accrued interest The Board of the right reject and all bids
 SECTION 3-That this order shall be published for at least weekly before the date of said sale the Hobroo News the official of Navajo County Ar zona, shall the caption therefor the following
 Notice and order for the and sale of Twenty-Five Thousand OOO Dollars school bonds of School District Mo- Five of Navajo County, Arizona"
 By order of the Board of Supervisors of Navajo County Ar zone, made this 8th day of April, A. D. 1918.
 R. c. CRESWELL,
 Chairman Board of Supervisors Navajo County Arizona. ATTEST:
 R. s. TEEPLE,
 Clerk of Supervisors. Navajo County. Arizona