The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-06-18
Attorney General, Ex-officio
Bond Commissioner Of the
State OF Oklahoma.

SECTION 3. That each of said bonds
shall be signed by the Mayor and the
corporate seal OF said City affixed
thereto, and attested by the City Clerk
of said City. and each of said interest
coupons shall be elecuted by the litho-
graphed fac-simile signatures of said
Mayor and City Clerk; and said Off
GERS are hereby authorized and direct
ed to cause said bonds and interest to
be prepared and to execute the same
for and on behalf of said City; have
the same registered by the City Treas.
urer certified to by the County Attor.
ney and County Clerk. and presented to
the Attorney General, eX-offcio Bond
Commissioner. together with a certified
transcript of all proceedings had in con-
nection with their issue, for his ap.
proval and endorsement and thereafter
to be delivered to the purchaser of
the same, upon payment of the pur-
chase price therefor.
The proceeds derived from the sale
Of said bonds shall be placed in a spe.
cial fund and used solely for the pur.
pose Of securing a site and erecting
thereon an incinerating plant and for
the purchase of equipment, for said in
cinerating plant, to be owned and con
trolled exclusively by said City.
SECTION t. For the y urpose OF
providing the necessary funds to pay
the interest on said bonds when due
and also to constitute a sinking fund
to be designated as the Incnerating
Plant Bonds of 1918 Sinking Fund,
sufficient to discharge the principal
thereof at maturity and shall be and
there is hereby ordered upon all the tax
able property in said City of Ardmore.
Oklahoma. the following annual tax
to-wit:
In the years. 1918 to 1882 both in.
elusive, "A tax sufficient to produce the
sum OF $4,000 in each year thereof, for
principal
In the years. 1898 to 1897. both in
elusive. tax sufficient to produce the
net sum of 100000 in each year thereof,
for principal.
In the years 1918 to 1922 both in
elusive. u tax sufficient to produce the
net sum OF $4,000 per year for in
terest
In the years 1923 TO 1927 both inclu.
sive. 4 tax sufficient to produce the
net sum OF $4,000 per year, for inter
est
In the years 1928 to 1882 both inclu-
sive. a tax sufficient to produce the
net sum OF s350.O0 per year for inter
est.
In the years 1898 to 1887 both inclu.
elusive. a tax sufficient to produce the
net sum Of $4,000 per year for in
terest
Said tax shall be and is hereby Ger
lifted. levied and extended upon the
AK rolls and collected by the same Of
'icers. in the same manner and at the
,ame time as the taxes for general pur-
Ia, . a
extended and collected: that all funds
derived from said tax shall be placed |
n said sinking fund which together !
With all interest collected on same shall |
'e irrevocably pledged to the payment |
u the interest OF the principal OF said /
,onds when and as the same fall due.
SECTION ). That q copy OF this /
ordinance. signed by the Mayor and at
ested by the City Clerk. shall forth
With be filed with the Clerk OF Carter
county. for the purpose Of levying such
ak as herein provided.
SECTION 6. That by reason Of said
'ity OF Ardmore. being without an in.
mating plant. 1t IS necessary and
eemed advisable for the preservation
{ the public peace. health. and safety
hat an incineratipg plant be erected
n a site secured for that purpose and
aid incinerating plant be equipped
'ithout delay and TO that end this or
nance shall become operative imme-
ately; wherefore. an emergency is de
AIRED 20 exist and this ordinance shall :
2 in full force and effect Immediately /,
ON and after its passage. approval
nd publication.
Passed the llth day OF June. 1918.
: the Board OF Commissioners Of the
ty of Ardmore. Oklahoma
Approved by the Mayor on the lith
ly Of June. 1918.
W. r ROBERTS.
Mayor. {
ttest: G. W. Groom. ID
City CleII. :
(SeaD {