Arizona republican., 1918-10-24
Legal Advertising

ORDNANCE NO. 237 AN ORDNANCE AMENDING SEC TION l, OF ORDINANCE No. 235, APPROVED SEPTEMBER 19, 1918, BY ADDING TO THE FORM OF THE BOND THEREIN AP- PROVED, A RECITAL SHOWING THE DATE OF THE ELECTION AT WHICH THE BONDS THERE IN MENTIONED WERE AU-
 THORIZED.
 BE IT ORDAINED BY THE COM
 MISSION OF THE CITY OF PHOENIX, AS FOLLOWS:
 Section l.
 That Section I, of Ordinance No. 235, approved September 19, 1918, be amended so as to read as follows:
 Sec. l. That the City Manager is hereby directed to have prepared bonds of the City of Phoenix, County of Maricopa, State of Arizona, in the aggregate sum of S100,000.OO of the denomination of Five Hundred ($50000) Dollars each, to be numbered consecutively from one G) to Two Hundred (200) 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 (5R) per centum per annum, payable semi annually on the first days of January and July respectively 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 may be removed therefrom without mutilating the bonds and each i of said bonds shall be signed by the l Mayor and attested by the City Clerk and each of said coupons shall bear g l facsimile of the signature of the saiC Mayor and City Clerk as such sig natures appear on said bonds. Botf the principal and interest on saic bonds shall be made payable in golC coin of the United States of Americ; of the present standard of weight anC fineness, at the office of the Cit, Treasurer of the City of Phoenix, Mari copa County, State of Arizona, or a such place as may be agreed upon b, and between the Mayor and the pur ] chaser or purchasers of said bonds the place of payment thereof. if S, agreed upon, to be mentioned is sai, bonds.
 
 stantially as follows:
 ADDITIONAL WATER WORKS BONDS
 Il Of the
 CITY OF PHOENIX
 s5OO.OO No.-
 The City of Phoenix. State of Ari zona, for value received, promises t, pay to bearer the sum of Five Hun dred (S500.0O) Dollars in gold coin O the United States of America, of tn present standard of weight and fine ness, on the first day of July, 1888 with interest thereon at the rate o five and and one-half (5B) De centum per annum, payable semi-an nually on the first days of Januar and July of each year, upon presenta ton and surrender of the anneXe coupons as they severally mature, bot , principal and interest being payabl . at the office of the City Treasurer i l the said City of Phoenix, Maricop County, State of Arizona. Cor sue place as may be agreed upon) This bond is one of a series of tw . hundred (200) bonds of like tenur and denomination, numbered from to 200 inclusive, issued under and b virtue of the provisions of the consti : tuition and laws of the State of Arizo ma and particularly of the provision of Paragraph 5266 to 52S1. incIusiv, and Paragraph 5eS3 of Chapter I Title B, Revised Statutes of Arizona 1913, and of an ordinance of the Cit , Commission of the City of Phoeni, duly passed, approved and published The issue hereof has been authorize at an election duIv had and boId o f August 6, 1918, in accordance with tn : provisions of said Constitution an r said Laws, and also of said ordinanc l at which election a majority of tn } property taxpayers of said City, wh 5 were in all other respects qualifie electors of said City, voting at sai