The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-06-20
ORDINANCE No. 367.

PROVEAiENT BONDS TO PAY Fol
THE IMPROVEMENTS DONE AM
PERFORMED ON STREET IN
PROVEMENT DISTRICT NO. FOR
TY (4O Or THE CITY or ARL
MORE, OKLAHOMA, AND PROVLL
ING THE NUMBER AND DEMON
NATIONS OF SAID BONDS. AM
DECLARING AN EMERGENCY.
BE 1T ORDAINED BY THE BOARl
or COMMISSIONERS or TIL
CITY or ARDMORE, OKLAHOMA
Section /. The Mayor Of the City o
Ardmore. Oklahoma. is hereby or
dered to execute, and the City Clerk Ii
ordered to attest, Street improvement
Bonds Of Street Improvement Distric
No. Forty (4O) 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 intersections thereon, in
the City Of Ardmore, Oklahoma,
In the sum of Twenty-seven Thousand
Ninety eight and 39.l00 Dollars. the con
tract price thereof. less sj4O0.54 hereto
fore paid by owners thereon.
Section g said bonds shall be mum
bered consecutively one % to seventy
eight GSJ. inclusive. and shall be in de-
nominations as follows:
Bond No ! for the sum of $685.
Bonds No. . to 26 inclusive. for the
sum of $500 each, $l250000.
Bonds No. q to Sc inclusive for the
sum OF $3.50 each. s750OOO.
Bonds No. 81 to &C inclusive. for the
sum of 800 each, 100000.
Bonds No. 67 to 7S inclusive. for the
sum OF $50 each. 100000.
Section g. Attached to each bond
a h. n.
pons, numbered One a. to Eleven III
consecutively.
Coupon No. on the $97.S5 bond shall
be for the sum of sl.74.
Coupon No. II on the $97.S5 bond
shall be for the sum of Sab
All other coupons on the $97.S5 bond
shall be for the sum of s5.S7 each.
Coupon No. | on each $50 bond shall
be for the sum of .S9.
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 800 bond shall
be for the sum of $l.7S.
Coupon No. IL on each 500 bond
shall be for the sum Of S4.22.
All other coupons on each 800 bond
shall be for the sum of $500.
Coupon No. on each $3.50 bond shall
be for the sum of $4.45.
Coupon No. IL on each $3.50 bond
shall be for the sum of $lO.55.
All other coupons on each $3.50 bond
shall be for the sum of $1,000 each.
Coupon No. l on each $500 bond
shall be for the sum of $3.50.
Coupon No. 10 on each $500 bond
shall be for the sum of $2l.lO.
All other coupons on each $500 bond
shall be for the sum of $4,000 each.
Section 4. Said bonds and coupons
shall be signed by the Mayor and at
tested by the City Clerk. under the cor
porate seal of the City of Ardmore(
provided. however. that the signatures
OF the Mayor, and the City Clerk and
the impress of the corporate seal of
the City of Ardmore may be litho-
Eraphed upon the coupons.
Section s. Said bonds and coupons |
shall be executed by the Mayor and at
tested by the City Clerk and certified
to by the City Clerk and the City Treas.
urer and said bonds and the certif-
Gates OF the City Clerk and the City
Treasurer shall be in words and figures
as follows to.wit
BOND
UNITED STATES OF AMERICA
STATE or OKLAHOMA
CITY OF ARDMORE
STREET IMPROVEMENT BOND
SERIES No. 40.
Know All Men by These Presents:
That the City of Ardmore, Oklahoma, a
duly organized municipal corporation.
in Carter County. State of Oklahoma, I
for value received, hereby acknowl-
edges itself indebted to and promises
to pay bearer the sum of on
or before the 18th day of July. 1928. {
ia ,I1t. 1,
hereof until paid, at the rate of six {
(6) per cent per annum. payable an )
nually on the first day of October OF |
each and every year. except coupon No. /
IL. which is due and payable on the j
2Sth day of July, 1928, as is evidenced Il
by and upon the surrender of the an |!
nexed interest coupons as they severally b
become due. Both principal and inter b
est payable in lawful money of the t
United States of America, at Chatham II
& Phenix National Bank. the fisca
agent OF the State of oklahoma in New i
York, New York. and in the event OF
the discontinuance Of said fiscal agent
before maturity of this bond then and 4
In that event. said bond. and the ir$r
EST coupons not paid, shall be payable
AZ the office Of the City Treasurer OF
the City Of Ardmore. Oklahoma. -
This bond is one Of series OF Ike =
late and tenor. except as to amount -
numbered consecutivey from one % 4.
,eventy-eight G9 inclusive. constituting -
Series No. Forty (4Ol. aggregating &C
Twenty-one Thousand Six Hundred te
and S5-l0O 1921. .697 Sj -
Dollars, issued for the Improvement ot nc
Street Improvement District No. Forty ot
4Ol. same being
"B" Street. Northwest from the SC
North line OF Broadway to the Sc
South line OF Twelfth Avenue. Oh
Northwest. including alley cross &C.
ings and street intersections there y"
on.
n the City Of Ardmore. Oklahoma, and g.
5 payable solely from assessments -,
which have been levied upon the lots
racts and parcels Of land benefited by -
aid Improvements. under authority OF ~,
louise Bin No 23l enacted by the First a.,
legislature OF the State Of oklahoma. ~
nj approved April Il. 1908. which IL 20 80
Incorporated in and made part of the ,,'
harter Of the City OF ArdmOre. Okla.
oma; and Of Section One O). Article -
~ Of the Charter OF the City Of Ard. -
lore. Oklahoma. adopted at an election
eld on November Il, 1908. by the qual.
led voters OF the City OF Ardmore
klahoma. and approved by the Gov a.,
rnor on January 9Th. 1903; and also by an
uthorlty OF an Ordinance No. 27g OF an
~ Cny OF Arurio'e' OhIahoina' ana pr
Decial ordinance passed by the Board IN,