The Holbrook news., 1918-05-10
NOTICE AND ORDER FOR THE ISSUE AND SALE OF $25,OO000 SCHOOL BONDS OF SCHOOL DISTRICT NO FIVE (5) OF NAVAJO COUNTY, STATE OF ARIZONA

Supervisors of Navajo County State Arizona made and enter ed of record the 9th day of February 198 School Bond Election duly called directed Saturday the 23rd day of March, A. D. 1918 following ques tons submitted to the property payers other respects qualified School District No Five (5) of Navajo County State of Arizona
 Shall School District Five (5) of Navajo County
 State of Arizona be authorized to borrow the of
 Twenty-Five Thousand CS25O00OO) Dollars and issue
 and sell it's bonds in said aggregate principal
 Twenty-Five Thousand $25 00OG0) the pur-
 of erecting schOolhouse for said
 No Five (5 and for furnishing schOolhouse said
 bonds to consist of Twenty-Five (25) bonds to be
 bered from One CD to Twenty-Five (25 inclusive all of
 which bonds to be of the denomination Thousand
 Gl0OOOO) Dollars each and to be redeemable Forty
 40) from the date of issue bearing interest at
 the rate of six G )per cent payable seman-
 nualy, but Teserving to said School District Mo- Five
 5) of Navajo County, Arizona right to redeem said
 bonds at time after Ten QO) years from the
 of issue"; and
 WHEREAS, the the said School Bond Election have been made to and duly Super of the said County Navajo Arizona and the result thereof declared and duly certified certificate been duly filed and recorded in the office County Recorder of Navajo County Arizona page 6O7 ct sea- of Miscellaneous Instruments required by and 527 Arizona 1913 and the said Board of Supervisors has heretofore adopted resolution declaring suit and validity of said election and that said Board of Super said County of Navajo Arizona having been duly authorized and empowered by than majority property tax payers in said School District Mo- Five 0 of Navajo County Arizona who in all other respects qualified
 said School District No Five ( of Navajo County Arizona voting said election held School District (5 Navajo County Arizona favor the creation of said indebted of Twenty-Five Thousand 25 0000O) Dollars and the and sale of the bonds of said School 5) said of Twenty-Five Thousand ($25O0OOO Dollars being less than six cenm of the value of the taxable property said School District Mo- Five @ by pre- edng assessment for State and County purposes the purpose erecting shoohouse for said School District @ for furnishing said schoolhouse.
 NOW THEREFORE, by of the premises, ordered the Board of Supervisors of the County Navajo Arizona follows:
 SECTION That public notice is hereby given that the Board of Supervisors of Navajo County State of Arizona been authorized order and does hereby order and direct the he following described bonds of said School ( of Navajo County Arizona o Bonds in the aggregate prn pal of Twenty-Five Thousand ($25OOOOO) Dollars prised of Twenty-Five (25 bonds numbered CD Twenty-Five 5 inclusive each bond to be of the denomination of One Thousand ($OOOGO Doars said and May A. 1918 absolutely redeemable Forty 4O) years from their date bearing (6 cent payable semiannuay the 18th of May and the 18th day of November of each year, eserng to the said School District ( Navajo County Arizona the right to redeem said bonds at time after ten from the date of issue;
 SECTION 2That sealed proposals received by said Board of Supervisors said County Navajo the purchase of said bonds day May 1918 the of P M at the office of the Board of Supervisors of Navajo County Arizona the Courthouse brook in the County of Navajo State of Arizona said time and place meeting of said Board of Supervisors will be hed at
 which meeting said Board of Supervisors will open all sealed pro- poa received by and award the purchase of said bonds the highest and best responsible bidder All bids or poposas received the purchase of said bonds must be accompanied ona certified check drawn National Bank in the of 5OOOO payable Navajo County Arizona retained by the Board of Supervisors and forfeited the event the bidder shall the terms of the contract for the chase of said bonds All checks other than checks received from the successful bidders shall be forthwith returned sitter said sale No bid will be accepted for less than plus accrued interest The Board of Supervisors the right reject and all bids
 SECTION 3Tha this order shall be published for at least consecutive weekly issues before the date of said the obrook News the official newspaper of Navajo County Ar ona shall have the caption therefor the foowng
 Notice and order for the issue and sale of Twenty-Five Thousand 2OO0OO Dollars school bonds of School District Mo- five of Navajo County Arizona"
 order of the Board of Supervisors of Navajo County A one, made this Sth day of April A. D. 1918.
 R. c. CRESWEII,
 Chairman, Board of Supervisors, Navajo County Arizona ITTEST:
 R. s. TEEPLE
 Jerk, Board of Supervisors, Navajo County, Arizona