The Holbrook news., 1918-04-19
NOTICE AND ORDER FOR THE ISSUE AND SALE OF $2500000O SCHOOL BONDS OF SCHOOL DISTRICT NO. FIVE (5) OF NAVAJO COUNTY STATE OF ARIZONA

$25,OOOOOO SCHOOL BONDS OF SCHOOL DISTRICT NO
 FIVE (5) OF NAVAJO COUNTY, STATE OF ARIZONA
 WHEREAS, in an of the Board of Supervisors of Navajo County Arizona made and enter ed of record the 9th day of February 918 Bond Election duly called directed Saturday the 23rd day of March, A. D. 8 at which the following ons submitted the property payers were all other qualified Mo- Five (5) of Navajo County State of Arizona:
 Shall School District Five (5) of Navajo County
 State of Arizona, be authorized borrow the
 Twenty-Five Thousand ($25O00O0) Dollars, and issue
 and sell it's bonds in said aggregate principal of
 Twenty-Five Thousand ($25OOOOO) Dollars for the pur
 of erecting schoohouse for said School District
 No. Five (5), and for furnishing said schoohouse said
 bonds to consist of Twenty-Five (25) bonds, to
 bered from One CD to Twenty-Five (25) inclusive all
 which bonds to be of the denomination of One Thousand
 ($1OO00O Dollars each and to be redeemabe Forty
 (40) years from the date of issue bearing interest at
 the rate of six 6 per cent per payable sei-an
 nualy but reservng to said School District Five
 ( of Navajo County Arizona the right to redeem said
 bonds at time after Ten CO) years from the date
 of issue" and
 WHEREAS the returns of the said School Election have been made and duly canvased by the Board of Super of the said County of Navajo State of Arizona and the result been duly filed and recorded the office of the County Recorder of Navajo County Arizona 2 page seq. Miscellaneous Instruments required by of the Revised Statutes of Arizona 193 and the said Board of Supervisors has heretofore adopted resolution declaring the suit and validity of said election and that said Board of Super sors of said County of Navajo State of Arizona having been duly authorized and empowered by than majority of said property tax in said School District Mo- Five O of Navajo County Arizona WhO all other respects qualified electors in said School District Mo- Five (5 of Navajo County Arizona voting at said election held in School District Mo- Five (5 of Navajo County favor of the creation of said indebted Twenty-Five Thousand OOOOO) Dollars of (5) the said of Twenty-Five Thousand $25OOOOO Dollars said being less than per cenum of the value of the taxable property said School District No Five ( asceaned by the last cedng for State and County for the erecting said School ( and for furnishing said schoolhouse
 NOW THEREFORE, by of the premises, it is ordered by the Board of Supervisors of the County of Navajo State of Arizona, follows:
 SECTION That public notice hereby given that the Supervisors Navajo County Arizona hereby direct sale of the following described bonds said School District Mo- Five @ of Navajo County Arizona towit Bonds the aggregate pr cipa of Twenty-Five Thousand ($25000O0) Dollars prsed Twenty-Five (25) bonds, numbered from One CD Twenty-Five 25 inclusive each bond be of the denomination of One Thousand OOOOO Dolars said bonds to be issued and dated the 18th of May A. D. 98 absolutely redeemab Forty O years their da bearing interest the of six @ cent payable seannualy the 18th day of May 18th November of each year. but reseng the said School District Mo- Five @ of Navajo County Arizona the redeem said bonds time after years from the date of issue;
 SECTION sealed proposals will be received by said Board of Supervisors of said County of Navajo State of Arizona the purchase said the 18th day of ay A. 1918 at the hour of 200 o'clock M at the office of the Board of Supervisors of Navajo County Arizona the Courthouse at Ho brook the County Navajo State of Arizona at said time and place meeting of said Board of Supervisors will be he at meeting said Supervisors open all sealed received award the purchase of said bonds to the highest responsible All bids received  tonal certified check drawn National Bank in the sum of 5000O payable to the Treasurer of Navajo County Arizona certified check deposited by the successful bidder shall Supervisors and forfeited in the event bidder shall the terms of the contract for the said bonds All checks other than checks received from the successful bidders shall be forthwith returned after said sale bid accepted than interest The Board of Supervisors the right to reject and all bids
 SECTION -That this order shall be published for at least consecutive weekly issues before the date of said sale the
 News the official newspaper of Navajo County Ar zona shall the caption therefor the following
 Notice and order for the issue and sale of Twenty-Five Thousand ($25OOOOO Dollars school bonds of School District Mo-