The copper era and Morenci leader., 1919-04-25

sponsfb1e bidder; provided, however, that none of said bonds will be sold for less amount than par with ac- crued interest
 A copy of this order shall be pub lished at least four consecutive weeks before said sale in the Mining Jour nal, a newspaper designated by the Board of Supervisors, being a news paper published in the Town of Cliff tonI and of general circulation therein, together with notice that sealed pro posals will be received by said Board of Supervisors for the purchase of said bonds on the day and hour named in this order, which notice shlal be in substantially the following form: NOTICE OF BOND ISSUE AND SALE
 Notice is hereby given that the Board of Supervisors of Greenlee County, Arizona, intends to issue, ne- gotiate and sell on Monday, the End day of June, A. D. 1919, at the hour of ten o'clock a. m., at their office in Clifton, Greenlee County, Arizona, the negotiable coupon bonds of said County in the aggregate amount of Two Hundred Thousand ($200,000) Dollars, for the purpose of acquiring funds for the reconstruction of the present highways of said county and constructing a highway between the Towns of Morenci and Metcalf and constructing a highway through what is known as Wards Canyon, in said county.
 Said bonds will consist of two hun dred bonds gin the denomination of $1,000 each, payable in gold coin of the United States of America, of or equal to the present standard of weight and fineness, bearing date and bearing interest from and after June l, 1919, at the rate of six per centum per annum payable in like medium semi-annually of the first day of June and the first day of December in each year, both principal and interest pay able at the office of the County Treas urer of Greenlee County, in Clifton, Arizona, or at the Hanover National Bank in the City of New York, U. S. A., at the option of the holder.
 Sealed proposals will be received for the purchase of said bonds until 10 o'clock a. m., Monday, June End, 1919. All bids or proposals must be accompanied by certified check for not less than five per cent of the total amount of said bid
 The certified check so deposited by the successful bidder shall be retained by the Board of Supervisors and shall be forfeited in the event that such bidder shall not carry out the terms of the contract provided herein to be entered into.
 As the bonds will be ready for de- livery at the time of their sale, viz: fha lat of purchasers must satisfy themselves as to the legality thereof prior to said time and no conditional bids for said bonds will be considered.
 None of said bonds will be sold for less amount than par and accrued interest and the Board of Supervisors reserve the right to reject any or all bids offered. The term of the above bonds is twenty years, optional after ten years. | Certified copies of all proceedings thad by the Board of Supervisors, rela- with each financial statement to assist prospective bidders to satisfy them selves as to the legality of the bonds | All bids must be sealed and ad- dressed, A. L.. Terry, Clerk, Board of | marked, Proposal for Bonds" | By order of the Board of Super visors.
 A. L. TERRY, Clerk.
 That the provisions of this resolu- tion and order and each of the bonds and interest coupons issued pursuant thereto shall constitute and the same are hereby declared to be binding and irrevocable contract between said county and the purchaser of said i bonds and the holder from time to time of each of said bonds and the interest coupons thereto appertaining
 All resolutions and orders or parts thereof heretofore adopted by this Board in conflict with the provisions of this order. be and the same are hereby repealed and this order shall be irrepealable until the indebtedness hereby created, both as to principal and interest, shall have been fully paid, satisfied and discharged.
 This order and resolution shall be entered of record in the Minute Book of said Board and the Clerk of the Board is hereby authorized and di rected to cause copy of this order to be published for at least four cOnsecu tive weeks before the sale hereby or dered, together with copy of the no tice of sale herein contained in the Mining Journal, a newspaper desig mated by this Board, being a newspa per published in Greenlee County, Ari zona, and of general circulation there in and the Clerk of the Board is hereby authorized and directed to eff fectuate all other provisions of this order.
 Passed and adopted ths 7th day of April, A. D. 1919.
 PICKENS ANDERSON, Chairman of the Board of Supervisors Attest:
 A. l.. TERRY, Clerk.
 | Seal of the Board of Supervisors of
 Greenlee County, Arzona.)
 Upon motion by w. H. Moon, sec onded by Pickens Anderson and car