The Holbrook news., 1918-04-19
NOTICE AND ORDER FOR THE ISSUE AND SALE OF $25,OOOOOO SCHOOL BONDS OF SCHOOL DISTRICT NO. FIVE (5) OF NAVAJO COUNTY STATE OF ARIZONA.


 the 23rd of March, A. 1918 which the following que ons submitted to the property tax who all other respects qualified electors of said School District (5) of Navajo County State of Arizona:
 Shall School District Mo- Five (5) of Navajo County
 State of Arizona be authorized to borrow the of
 Twenty-Five Thousand ($25OOOOO) Dollars and issue
 and sell it's bonds in said aggregate principal
 Twenty-Five Thousand ($25,OOOO0) Dollars for the pur
 of erecting schoohouse for said School District
 Mo- Five (5 and for furnishing said schoohouse said
 bonds to consist of Twenty-Five 25) bonds, to be
 bered from One CD to Twenty-Five (25) inclusive
 which bonds to be of the denomination Thousand
 ($1,OOOOo) Dollars each and to be redeemable Forty
 (4O) from the date of issue bearing
 the rate of six G )per cent per payable semi-an
 nualy but reserving to said School District No.
 ( of Navajo County Arizona the right to redeem said
 bonds at any time after Ten QO) years date
 of issue"; and
 WHEREAS returns of the said School Bond Election have been made to and duly canvassed by the Board of of the said County Navajo Arizona result thereof duly to- certificate been duly filed and recorded in the office the County of Navajo County Arizona Volume page GOT sea- Miscellaneous Instruments required by Sections 5270 and 52 of the Revised Statutes of Arizona 9 and the said Board of heretofore adopted declaring suit and validity of said election and that said Board of Super of said County of Navajo State of Arizona having been duly authorized and by than majority said property tax in said School District Mo- Five 0 of Navajo County Arizona other respects qualified in said School District Mo- Five 0 of Navajo County Arizona voting at said election held in School District Mo- Five 5) of County Arizona in favor of the creation of said indebted Twenty-Five Thousand OOOOO Dollars and the issue and sale of the bonds of said School District Mo- Five 0 in the Twenty-Five ($25 OOOOO) Dollars being less than centum of the value of the taxable property in said School District Mo- Five O asceraned by the last ceng for State and County for the erecting schoohouse said School District Mo- Five ( and for furnishing said schoolhouse
 NOW THEREFORE by of the premises it ordered by the Board of Supervisors of the County of Navajo State of Arizona, follows:
 SECTION That public notice is hereby given that the Board Supervisors of Navajo County State of Arizona has been authorized order and does hereby order and direct the sale of following (5 of Navajo County Arizona aggregate prn If prsed of Twenty-Five (25) bonds numbered from One CD to Twenty-Five (25 inclusive each bond be of the denomination of One Thousand 100OO0) Doas said bonds to be issued and dated the 18th of May D. 198 absolutely redeemabe Forty 4O years date bearing (6) cent payable semannuay the 18th day of May and the 18th day of November of each but eservng to the said School District Mo- Five @ of Navajo County Arizona the right to redeem said bonds time after from the date of issue;
 SECTION 2Tha sealed proposals received by said Board Supervisors of said County Navajo State of Arizona for the purchase of said bonds the 18th day May D. at the hour of 200 o'clock F. M at the office of the Board of Supervisors of Navajo County Arizona the Courthouse at Ho brook the County Navajo State Arizona and place meeting of said Board of Supervisors will be he which meeting said Board of Supervisors will all sealed received the purchase said bonds highest responsible proposas the purchase of said bonds must be uncond certified check, National of S15O00O payable the Treasurer of Navajo County which certified check deposited by the successful bidder shall retained by the Board Supervisors and forfeited in the event the bidder shall not the of the contract for the checks other cheeks received from successful bidders shall be forthwith after said No bid will be accepted for less than accrued interest The Board of Supervisors the right reject any and all bids
 SECTION 3That this order shall be published consecutive weekly before the date of said sale the olbrook News the official of Navajo County Ar and shall have the caption therefor the following
 Notice and order for the issue and sale of Twenty-Five Thousand 20O00) Dollars school bonds of School District Five of Navajo County, Arizona" order of the Board of Supervisors of Navajo County zone, made this 8th day of April, A. D. 1918.
 R. c. CRESWELL, Chairman, Board of Supervisors Navajo County Arizona ATTEST: R. s. TEEPLE Clerk, Board of Supervisors, Navajo County, Arizona.