The Holbrook news., 1918-08-16

collected paid fund be called the Interest Fund Navajo County Arizona, School District Mo- 10bonds dated May 6th A. D. 198 and much of said tax levied for principal sha collected be paid fund to be known Redemption Fund Navajo County Arizona School District 1Obond dated May 6 A. D. 1918 and must be used for the of principal and interest said bonds and for other provided however that the event of said bonds redeemed prior to the date of their maturity the tax provided shall hereupon that diminished The Board of Supervisors shall raty and out the terms hereof relative to said tax evs by ncud ing the amounts herein provided in the general tax levy for school purposes made in each of said years.
 Section That the 2Oth day October, A. D. 1918, days April October respectively each thereafter long of the interest aperan the bonds hereby authorized be ing unpaid of said county shall hereby authorized ordered and directed to remit by and through the purchasers of said bonds and the form of New York draft the Bankers Trust Company, the city York; U S. a sufficient the accruing said bonds the 9th days May November respectively each and and all charges made by said for handling said and the 20h day of April the 1958 the said County Treasurer shall be hereby thorzed ordered and directed in addition to the required meet the interest accrng said bonds and in the herenabove mentioned of the sinking fund the provisions of this resolution to remit by New York draft to the said Bankers Trust Company, in New York, U S. sufficient the principal amount of said bonds May 9th the 1858 together with all interest handling the
 Section T. That the chairman board County Treasurer and all other officers county Cor any either tem authorized furnish the aforesaid purchasers fcates transcripts other documents will fully evidence the proceedings had preliminary the said and the regularity and ufcency thereof and the either all of said officers the hereby clared authorized, ratified approved and confirmed
 Section S. That the provisions of this resolution and order and each of the bonds and each of the interest coupons issued thereto shall constitute and the hereby cared to be binding and revocabe school district and the purchasers of said bonds from time to time each of said bonds coupons thereto appertaning
 Section g. That emergency declared to exist this resolution shall be full force immediately upon adoption and approval shall rrepealabe edness represented by said bond both principal terest shall have been fully paid satisfied and discharged heretofore adopted in conflict with the hereof which would any prevent passage adoption this resolution and order at this meeting be and the repealed rescinded and annuled
 Approved:
 R. c. CRESWELL, Chairman
 JOHN A. FREEMAN, LTember. County SeaD c. E. OWENS, Member.
 Attest:
 R. S. TEEPLE, Clerk
 The motion being duly seconded by Supervisor Owens put to vote with the following result:
 Those voting Aye: R. c. Creswe Member John A. Freeman, Member c. E. Owens.
 Those voting Nay: None.
 And the chairman said motion carried and the foregoing resolution and order duly unanimously adopted and the chairman members and clerk of said did then and there sign the said resolution and order
 Approved: (SeaD R. C. CRESWELL. Chairman, Board of Supervisors Navajo County Arizona Attest:
 R. S. TEEPLE
 Clerk, Board of Supervisors Navajo County Arizona