The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-03-26
ORDINANCE NO. $50.

DAILY ARDMOREIIE.
ORDINANCE NO. $50.
AN ORDINANCE RELATING
TO THE CALLING OF AN
ELECTION FOR THE PUR-
POSE OF SUBMITTING TO
THE QUALIFIED PROPER
TY TAXPAYING VOTERS
OF THE CITY OF ARDMORE,
CARTER COUNTY, STATE
OF OKLAHOMA, THE PROP
OSITION OF ISSUING THE
NEGOTIABLE COUPON
BONDS OF SAID CITY OF
ARDMORE TO THE AMOUNT
OF FIFTY THOUSAND ESQ.,
OO0) DOLLARS, FOR THE
PURPOSE OF PROVIDING
FUNDS FOR THE CON
STRUCTION OF \ SYSTEM
OF STORM SEWERS WITHIN
THE CITY OF ARDMORE,
CARTER COUNTY, OKLAHO-
MA. TO BE DEVOTED TO
THE PUBLIC USE AND TO
BE OWNED AND CON
TROLLED EXCLUSIVELY BY
SAID CITY OF ARDMORE,
AND DECLARING AN EMER-
GENCY.
BE 1T ORDAINED BY THE
BOARD OF COMMISSION
ERS OF THE CITY OF ARD
MORE, IN THE COUNTY OF
CARTER, AND STATE OF
OKLAHOMA:
Section l. That 4 special election
be and the same is hereby called to
be held in the City OF Ardmorc,
County of Carter and State OF Ok
lahoma, on Monday, April twenty
second (22), 1918, for the purpose OF
submitting to the qualified property
taxpaying voters OF said city, the
following proposition:
PROPOSITION.
Shall the City of Ardmorc. Car
ter County State of Oklahoma, in
cur an Indebtedness by issuing it,
negotiable coupon bonds in the ag-
gregate principal sum OF fifty thou.
sand ($50,00O.00) dollars, for the
purpose OF providing funds for the
purpose of constructing a system o
storm sewers within the corporal,
limits of the City of Ardmore, Car
ter County, Oklahoma, to be de
voted to the public use cXclusiyel,
and to be owned and controlled eX
clusiyely by said City Of Ardmorc
and levy and collect an annual ta2
in addition to all other taxes upot
all the taxable property i'll said Cit.
OF Ardmore sufficient to pay tn,
interest on said bonds as it falls due
and also constitute a sinking fun'
for the payment Of the principa
thereof when due, said bonds {,
bear interest not to exceed five pc
centum per annum, payable semi
annually, and the principal sum I,
become due within twenty-five year
from date.
Section 2. That the mayor of tn
said City of Ardmore, County o
Carter, State OF Oklahoma, is here
by authorized and directed to ca
said special election by proclama
ton, specifying therein the propose
ton to be voted upon substantial
in the manner above set out, tn
time and place for holding said elec
ton, the hours at which said eleC
ton shall open and close, the name
of the officers who shall conduC
said election and the form of tn
ballot to be used thereat. Said eleC
ton shall be held as provided b
law for special election, in accorC
ance with the provisions Of Sectio
458 of Chapter 10, Article 2, OF II
Revised Laws Of Oklahoma of l9l
The ballots for said election shall !
prepared by the city clerk Of Ar,
more, Carter County, Oklahoma.
Section 3. All qualified electo
residing in said City of Ardmor
Carter County, Oklahoma, who a
also property taxpayers, shall be a
lowed to vote at said election on Il
aforesaid proposition.
Section 4. That by reason OF Il
City OF Ardmore being without ad
quate system of storm sewers, it
deemed necessary for the immedia
, preservation Of the public peaC
health, welfare and safety that Sa
system of storm sewers be immet
: ately installed, an emergency is d
clared to exist by reason thereC
- and this ordinance shall become o
r erative Immediately from and aft
2 its passage, approval and public
ton.
Passed by the Board OF Comm
+ sioners of said City of Ardmoi
t Carter County, Oklahoma, on Il
t the 22nd day of March, 1918.
e. Approved by the mayor OF the ci
r. of Ardmore on this the 22nd d
= of March, 1918.
w. r. ROBERTS, Mayor,
Attest: G.. w. Groom, City Clerk,
Il (SeaD.
n First published March 20, 1918