Bisbee daily review., 1919-05-07

and an approximate width of 30 feet, and the grading, paving, curbing and guttering that certain portion of Quar- ny Canyon beginning at the spillway near the Loretto School, thence In southedly direction up said Quarry Canyon for a distance of 750 feet, and of an approximate width of 32 feet; and the grading, paving, curbing and guttering of the fu1l length of what is known as
 subway street, approximately 435 feet in length, and of an ap- pporximate width of 20 feec; and the grading, paving, curbing and guttering of that certain portion of what is known as Upper Naco Road, beginning at a point upon line with the east line of the City Hall, thence to the corner of the Phelps-Dodge Corpora tions' office lot, and being of an ap- proximate distance of 345 feet, and of an approximate width of 59 feet, and which construction or improvement, or construction and improvement herein before set out, is estimated at an aggregate sum total cost of Two Hundred Thousand Dollars (S200,- 000.00): All of such streets and high ways and work and improvement con templated being within the corporate limits of the City of Bisbee, County of Cochise, State of Arizona; Said bond issue to consist of Two Hundred (2OO) bonds, numbered from l to 200, both inclusive, in the denomi- nation of One Thousand Dollars (S1, 100000 each, which said bonds shall be, dated May 18th, 1919, and bear interest at the rate. of five and one-half (512) per centum per annum, which said interest shall be due and payable semi-annually, on the 18th day of November and the 18th day of May, of each year, beginning Novem- Der 18th, 1919; Said bonds to run for period of twenty (20) years, payable as follows: Bonds numbered serially from 1 to 10, both inclusive, on or be- fore the 18th day of May, 1920, and a like amount, according to serial nuJr, bers, due on the 18th day of May of each year thereafter following until all of laid boY"s shall have been paid {; both principal and interest of said bonds being payable in gold coin of the United States of America, at the office of the Treasurer of the City of Bisbee, Cochise County, State of Ari- zona, or at the Hanover National bank of the City and State of New York, at option of the holder, and each of said the option of the holder, and each of said bonds shall be signed by the mayor of said city and duly attested by the Clerk thereof, with the corporate seal affixed thereto, and the annexed interest coupons shall be executed by Autographed fac-simile signature of said mayor and City Clerk, provided however, that it shall not be neces- sary to impress upon any such coupon the seal hereinbefore mentioned?
 Section 2. That at said election there was cast a total number of Three Hundred (9OO) votes; that Two Hun dred and Fifty-eight (25S) of said Three Hundred (3OO) votes were cast for the bonds and Forty-two (42) of said Three Hundred (3O0) votes were cast against the bonds; that said Two Hundred and Fifty-eight (25S) votes cast for the bonds were a majority of all the votes cast at said election, and that the proposition for issuing the said bonds was carried by a majority of the said votes cast at said election.
 Section g. That for the purpose of acquiring funds to be used in the con struction or improvement, or con- struction and improvement of certain streets, highways or portions thereof, within said City of Bisbee, Arizona, there are hereby authorized to be is sued ana duly executed the negotiable coupon bonds of the City of Bisbee, Arizona, in the aggregate amount of Two Hundred Thousand Dollars ($20O,O 100000, which said issue shall consist of Two Hundred (2OO) bonds, in denominations of One Thousand Dollars ($1,OOOOO) each, numbered from One CD to Two Hundred (2OO), both inclusive; shall be dated the 18th day of May, 1919, and shall become due and payable as folloEs:. As set forth in paragraph of this resolution and order.
 Bonds shall run for a period of twenty (2O) years, payable to bearer, and shall bear interest ,as evidenced by coupons thereto attached, at the rate of five and one-half (51s) per centum per annum, payable semi-an- nually on the 18th day of May, and