The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-04-04

Oklahoma, duly and regularly adopted
by the Board of Commissioners and APP
proved by the Mayor of said City Of
Ardmore, on the 22nd day of March,
1918, entitled:
ORDINANCE NO. 354.
"An Ordinance relating to the calling
OF an election for the purpose of sub
hitting to the qualified property tax
paying electors of the city Of Ardmore,
Carter County. State OF oklahoma, the
proposition of issuing the negotiable
coupon bonGs of said City To the amount
of Twenty Thousand (S20,00000) Dollars
for the purpose of providing funds for
securing a site for public park in the
Second Ward Of the City OF Ardmore,
Carter County. Oklahoma, and con
StructinE driveways and walks therein
and erecting buildings thereon to be
devoted exclusively to public use and to
be owned and controlled exclusively by
said City of Ardmore and declaring an
emergency"
The undersigned w r. Roberts,
Mayor of the City of Ardmore. Carter
County Oklahoma, does hereby call an
election for the 22nd day Of April, 1918,
for the purpose of submitting to the
qualified poperty taX-paying electors of
said City, the following questions con
cerning the issuance of the negotiable
coupon bonds Of said City Of Ardmore;
PROPOSITION |.
Shall the City Of Ardmore, Carter
County, State of Oklahoma, incur an in.
debtedness by issuing its negotiable
coupon bonds in the aggregate princi-
pal sum of three hundred thousand
l$3O0,OO0,00D Dollars, for the purpose of
providing funds for the purpose of Sc
curing an additional water supply for
said City of Ardmore and for equipping
and connecting said additional water
supply to the present water supply of
said City of Ardmore and the improve
mcnt OF the water works system Of said
city of Ardmore, all Of which shall be
devoted exclusively to public use and
| owned and controlled exclusively by
said City Of Ardmore; and levy and col
lect an annual tax in addition to all
other taxes, upon all the taxable prop
erty i'm said city Of Ardmore, sufficient
to pay the interest on said bonds as il
falls due, and also constitute a sinking
| fund for the payment of the principal
/ thereof when due, said bonds to bear in
/ terest not to exceed five per centum per
annum payable semi-annually, and the
| prindipal sum to become due within
twenty-five years from date.
PROPOSITION IL.
| snail the CITY OF ArdmOre, Garter
| county state of Oklahoma, incur an
| Indebtedness, by issuing its negotiable
| coupon bonds in the aggregate princlpa
| sum of twenty thousand 100000 Dol
| lars, for the purpose Of providing funds
| for the purpose of securing a site anC
erecting thereon, and equlpplng bai1
ana storage house all OF Which shaI
De devoted to pubic use, exclusively
ana TO De owned ana controlled eNclu
SNely Dy sald Clty OF Ardmore' carter
county, state OF oNlahoila, anu leNN
anu Sollect an ahhuaI laK, III auuIlioi
10 al olher taxes, upon an the laXapl'
properly III SaIu Nlly ol AiulIlore' ,.,' oal ei,
Ter county State OF oRlahoina' SUN
cleht 10 pay the interest on salu Dohu'
as IT, rams uue' ana also 10 constitute
sinking iuhu lHr tle payment ol lii'
IIIIcIpd' lHeIeol' W"th uue, S'iu Dollu, ,,i,
10 ptdr interest not 10 eNCeeu IlFe pei
oTn'uil per aulluI", PIS"oIc Se''i' N'.-' "i'.lu
1.lS' d'u t'e pIIHclp'' SuH' " p'Co''i' e,I'
uue "''''l' twenty live '-' S'"'S i'o'i
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