Bisbee daily review., 1919-04-16

"h oPpi OAihidlc lenSIl Ol @0tO Ie6I and an approximate width of 90 feet
 and the grading. paving, curbing and guttering that portion of Quarry Can
 yoT beginning at the spillway near the Loretto School. thence in a southerly
 direction up the Loretto Canyon, for
 a distance of 75O feet, and of an ap-
 proximate width of g feet; and the
 grading, paving, curbing and gutter
 ing of the full length of what is
 known as Subway street, approximate
 ly 435 feet in length, and of an ap-
 pporximate width of 20 feet; and the
 grading, pacing, curbing and guttering i of that certain portion Of what is
 known as Upper Naco Road. beginning
 at point upon a 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 ($20O,-
 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
 (2O0) bonds, numbered from l
 to 200, both inclusive, in the denomi-
 nation of One Thousand Dollars
 $1,000.0O) each, which said bonds
 shall be dated May 18th, 1919, and
 bear interest at the rate of five and one-half (515) per centum per annum,
 which said interest shall be due and
 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 a period of twenty (2O) years, payable as follows: Bonds numbered serially from to 10, both inclusive, onsor be- fore the 18th day of May, 1920, and a like amount, according to serial num- bers, due on the 18th day of May Of each year thereafter following until all of said bo@~s shall have been paid: both principal and interest of said hondS hoino vovablo ;,, c~ora .:- x 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 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 in terest coupons shall be executed by 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 ?. That at said election there was cast total number of Three Hundred (SOO) votes; that Two Hun- dred and Fifty-eight C25S) of said Three Hundred (SOO) votes were cast for the bonds and Forty-tow (42l of said Three Hundred (SOO) 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 3. That for the purpose of acquiring funds to be used in the con- 'truction or improvement, or con- struction and improvement of certain streets. highways or portions thereof. within said City of Bisbee, Arizona, here are hereby authorized to be is- sued and duly executed the negotiable coupon bonds of the City of Bisbee, Arizona, in the aggregat amount of Two Hundred Thousand Dollars ,s2OO,0OO.0O), which said issue shall consist of Two Hundred (2OO) bonds. . n denominations of One Thousand , Dollars ($1.OoO.OO each. numbered | rom One CD to Two Hundred (2OO), I 10th inclusive; shall be dated the 18th { lay Of May. 1919, and shall become t lue and payable as follows: As set $ orth in paragraph l of this resolution f nd order.
 Bonts shall run for a period of ( wenty (20) years, payable to bearer, I nd shall bear interest .as evidenced t y coupons thereto attached, at the s ate of five and one-half (5k) per f entum per annum, payable semi-an-
 ually on the 18th day of May, and I