The Holbrook news., 1918-04-12
NOTICE AND ORDER FOR THE ISSUE AND SALE OF 25OOOOOO SCHOOL BONDS OF SCHOOL DISTRICT NO. FIVE (5) OF NAVAJO COUNTY, STATE OF ARIZONA.

WHEREAS in accordance with an of of Supervisors of Navajo County State of Arizona made and enter ed of the 9th day of February D. 1918 School Election duly called and directed to be held Saturday day March, 198 which the following ques Ons submitted to the property tax who in all respects qualified said School District No Five (5) of Navajo County, State of Arizona:
 Shall School District Five (5) of Navajo County
 State Arizona, be authorized to borrow the of
 Twenty-Five Thousand ($25,OOOOO) Dollars, and issue
 and sell it's bonds in said aggregate principal of
 Twenty-Five Thousand 1925 OOOOO) Dollars pur-
 pose of erecting schoohouse for said School District
 Mo- Five (5) and for furnishing said schoohouse said
 bonds consist of Twenty-Five (25) bonds, to be
 bered from One CD to Twenty-Five 25) inclusive all of
 which the denomination of One Thousand
 ($1OOOOO) Dollars each and to be redeemable Forty
 (4O from the date of issue bearing interest at
 the of G )per payable semi-an-
 nuay, but reservng to said School District Mo- Five
 ( Navajo County Arizona the right to redeem said
 bonds at any time after Ten 1O) from the date
 of issue" and
 WHEREAS the returns of said School Election duly the of Super the said County of Navajo State of Arizona the result thereof declared and duly certified to- which certificate has been duly filed and recorded the office of the County Recorder of Navajo County Arizona Volume 2 at 607 ct of Miscellaneous Instruments required by Sections 527O and 521 the Statutes Arizona 19 and the said Board of Supervisors has heretofore adopted resolution declaring the validity of said election and that said Board of Super of said County of Navajo State of Arizona having been duly authorized and empowered by than majority of sald property tax said School District Mo- Five O of Navajo County Arizona who in all other respects qualified electors () Navajo County Arizona voting said election held School District Five ) of Navajo County Arizona favor of the creation of said indebted Twenty-Five Thousand $25OO0OO Dollars and the and sale of the bonds of said School District Mo- Five 0 in the said of Twenty-Five Thousand ($2OOOOO Dollars said being than the value of the taxable property in said School District Mo- Five 0 ascertaned by the last cedng assessment for State and County for the of erecting schoohouse for said School District Mo- Five ) and for furnishing said schoohOuse.
 NOW THEREFORE, by reason the premises ordered by the Board of Supervisors of the County of Navajo State of Arizona, follows
 SECTION That public hereby given the
 
 authorized to order and does hereby order and direct the sale of the following described bonds of said District ( Navajo County Arizona towt Bonds the aggregate cipal of Twenty-Five Thousand (S25O0000 Dollars, prised of Twenty-Five (25) bonds numbered from One CD to Twenty-Five 25) inclusive of 100000 Dollars and dated the 18th May 1918 absolutely redeemabe Forty 4O years their da bearing 6) payable mannualy the 18th day of May and the 18th November of each year, reserng 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 2That sealed proposals will be received by Board of Supervisors of said County of Navajo State of Arizona for the purchase of said bonds the May D. 1918 at the hour of 200 o'clock P M at the office of the Board of Supervisors Navajo County, Arizona Courthouse brook the County Navajo State of Arizona and at said time place meeting of Supervisors will hed which meeting said Board of Supervisors will open all sealed posa received and award the purchase of said bonds to highest and best responsible bidder All bids received the purchase said bonds accompanied uncond tiona certified check National Bank in the of which certified deposited by the successful bidder shall retained by the Board of Supervisors and forfeited the event the bidder shall carry the the contract for the chase All checks other than checks received from the successful bidders shall be forthwith returned after said sale No bid will accepted less than plus accrued interest The Board of Supervisors the right to reject any and all bids
 SECTION 3That this order shall be published for at least consecutive weekly issues before the date of said sale In the Hobrook News the official of Navajo County Ar zona have as caption therefor the following:
 Notice and for the and sale of Twenty-Five Thousand ($25OOOOO Dollars District No