Arizona republican., 1918-10-08

THE CITY OF PHOENIX TO THE
 AMOUNT OF $100,00000 AS AU-
 THORIZED BY ORDINANCE NO.
 230, AND AS APPROVED AT THE
 SPECIAL ELECTION HELD ON
 THE 9TH DAY OF AUGUST, 1918.
 AND PROVIDING FOR THE SALE
 OF SAID BONDS.
 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 $lOO,OO0) 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 for was held on the date therein named, to-wit: 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 said 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 10 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 ger is hereby directed to have prepared bonds of the City of Phoenix, County Of Maricopa, State of Arizona, in the aggregate sum of $100.000.00 of the ie- nomination of Five Hundred (s500. 0.00) Dollars each, to be numbered consecu- lively from one ,(D to two hundred t200) inclusive, and to bear the date of the issuance thereof which shall be the 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 (51a) per centum per annum, payable semi mi-annually on the first days of January and July respect lvely of each year. They shall be made payable to bearer and coupons for the | interest shall be attached to each of 1 said bonds so that the same may 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 he agreed upon by and between the May or and the purchaser or purchasers ci said bonds. the place of payment thereof, if so agreed upon. to be men, i tioned in said bonds.
 The form of said bonds shall be suh- stantially as follows:
 ADDITIONAL WATER WORKS BONT | of the
 CITY OF PHOENIX.
 s5oo.oo No. The City of Phoenix. State of Ari. zona, for value received, promises tt pay to bearer the sum C. Five Hundred | (s500.00) Dollars in gold coin of tn,
 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 Il (51a) per centum per annum. payabl