Arizona republican., 1918-10-20

WHEREAS, under Ordinance No. 230, providing for the issuance of bonds of the City of Phoenix in the aggre- gate amount of One Hundred Thousand S1O0,000) Dollars, the proceeds thereof to be used for the purpose of acquiring additional pumping plants to supply said City with water, said works to be owned and controlled by said City, the city election therein provided fer was held on the date therein named. to-wt: August 9th, 1918. at which said election a majority of the property taxpayers of said City of Phoenix. who in all other respects were qualified electors in sad City, voting at said election. voted in favor of the issuance of said bonds as appears by the certificate duly made by the said City Commission Of the said City of Phoenix on August 18th, 1918 and duly recorded in the office of the County Recorder of the County of Maricopa, State of Arizona, and
 WHEREAS, by virtue of said ordi- nance and the result of said election, as shown by said certificate, it is now made the duty of the said City Com mission of the said City of Phoenix to proceed to carry out the object of such election.
 NOW. THEREFORE. BE IT OR- DAMNED BY THE COMMISSION OF THE CITY OF PHOENIX, AS FOL- LOWS:
 SECTION 1. That the City Mana l ger is hereby directed to have prepared | bonds of the City of Phoenix, County ! of Maricopa State of Arizona, in the ! aggregate sum of $10e 100000 of the le- nomination of Five Hundred (s500.60D Dollars each, to be numbered consecu- lively from one CD to two hundred (200) inclusive, and to bear the date of the issuance thereof which shall be che date when the same shall be executed by the Mayor and City Clerk. Said bonds shall bear interest at the rate Of five and one-half (5n) per centum per annum. payable semi annually on the first days of January and July respect lively of each year. They shall be made payable to bearer and coupons for the interest shall be attached to each Of said bonds so that the same lnav be re- moved therefrom without mutilating the bonds and each of said bonds shall be signed by the Mayor and attested by the City Clerk, and each of said cou- pons shall bear a facsimile of the sig natures of the said Mayor and City Clerk as such signatures appear on said bonds. Both the principal and in- terest on said bonds shall be made payable in gold coin of the United States of America, of the present standard of weight and fineness. at the office of the City Treasurer of the City of Phoenix. Maricopa County, State of Arizona, or at such place as may Ae agreed upon by and between the May or and the purchaser or purchasers of said bonds, the place of payment thereof, if so agreed upon. to be men, toned in said bonds.
 The form of said bonds shall be suh- stantially as follows:
 ADDITIONAL WATER WORKS BOND . of the
 CITY or PHOENIX.
 s5Oo.oo No. - The City of Phoenix. State Of Ari-
 zona, for value received, promises tc
 pay to bearer the sum of Five Hundred
 (S500.00) Dollars in gold coin of the
 United States of America, of the pres
 ent standard of weight and fineness, or the first day of July, 1888. with interes thereon at the rate of five and one hal
 (512) per centum per annum, payabl, semi-annually on the first days of Jan uary and July of each year, upon pre- sentation and surrender of the an 5 neXed coupons as they severally ma
 ture, both principal and interest bein: : payable at the office of the City Treas
 urer in the said City of Phoenix, Mari copa County, State of Arizona. to
 such place as may be agreed upon).
 This bond is one of series of tw, : hundred (200) bonds of like tenure ant :: denomination, numbered from l to 20 | inclusive, issued under and by virtue o = the provisions of the constitution an, 5 laws of the State of Arizona and par ticularly of the provisions of Para