The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-06-26
ORDINANCE NO. 367

FOR THE ISSUANCE OF
STREET IMPROVEMENT
BONDS TO PAY FOR THE
IMPROVEMENTS DONE AND
PERFORMED ON STREET
IMPROVEMENT DISTRICT
NO. FORTY (4O OF THE
CITY OF ARDMORE, OKLA
HOMA, AND PROVIDING
THE NUMBER AND DEMON
NATIONS OF SAID BONDS,
AND DECLARING AN EMER-
GENCY.
BE 1T ORDAINED BY THE
BOARD OF COMMISSIONERS
OF THE CITY OF ARDMORE.
OKLAHOMA:
Section |. The Mayor of the City
of Ardmore, Oklahoma, is hereby
ordered to, execute, and the City
Clerk is ordered to attest, Street
Improvement Bonds of Street, I'M
provement District No. Fory (40)
of the City of Ardmore, Oklahoma,
the same being
"B" Street, Northwest, from the
North line of Broadway to the
South line of Twelfth Avenue,
Northwest, including alley
crossings and street intersec-
tions thereon in the City of
Ardmore, Oklahoma,
in the sum of Twenty-seven Thou
sand, Ninety Eight and 39-l00 Dol
lars, the contract price thereof, less
$5,400.54 heret ofore paid by owners
thereon.
Section 2. Said bonds shall be
numbered consecutively one (D to
seventy-eight (7S), inclusive, and
shall be in denominations as fol-
lows:
Bond No. l for the sum of $o7.S5.
Bonds No. 2 to 26, inclusive, for
the sum of $500 each, $l2,50000.
Bonds No. y to Sc, inclusive, for
the sum of $3.50 each, s., 10000.
Bonds No. 81 to &c, inclusive. for
the sum of $l00 each, Sl,0000O.
Bonds No. 67 to 78, inclusive, for
the sum of $50 each, 100000.
Section 3. Attached to each bond,
and a part thereof shall be II cou-
pons, numbered One Q) to Eleven
QD consecutively.
Coupon No. on the $97.S5 bond
shall be for the sum of $l.74.
Coupon No. II on the $97.S5 bond
shall be for the sum of S4.l3.
All other coupons on the So1 SIS
bond shall be for the sum of $5.S7
each.
Coupon No. on each $50 bond
shall be for the sum of 80.
Coupon No. II on each $50 bond
shall be for the sum of $2.l1.
All other coupons on each $50
bond shall be for the sum of $500
each.
Coupon No. / on each 500 tond
shall be for the sum of $1.78.
Coupon No. II on each $lO0 bond
shall be for the sum of $4.A.
All other coupons on each $lOO
bond shall be for the sum of 5000
each.
Coupon No. 1 on each $3.50 bond
shall be for the sum of $4.45.
Coupon No. | on each $3.50 bond
shall be for the sum of $1055.
All other coupons on each S25C
bond shall be for the sum of $l5.OC
each.
Coupon No. on each $500 bond
shall be for the sum of $500.
Coupon No. II on each $500 bond
shall be for the sum of $2l.10.
All other coupons on each $500
bond shall be for the sum of $1,000
each.
Section a. Said bonds and cou-
pons shall be signed by the Mayor
and attested by the City Clerk, un-
der the corporate seal of the City
of Ardmore; provided, however
that the signatures of the Mayor
and the City Clerk and the impress
OF the corporate seal or the City ol
Ardmore may be Autographed upon
the coupons.
Section S. Said bonds and eou-
pons shall be executed by the Mayor
and attested by the City Clerk and
certified to by the City Clerk and
the City Treasurer, and said bonds
and the certificates of the City Clerk
and the City Treasurer shall be in
words and figures as follows, to-
wit:
BOND
UNITED STATES OF AMERICA
STATE OF OKLAHOMA
CITY OF ARDMORE
No. s
s T r F. f T IMPROVEMENT