Arizona republican., 1919-06-30
NOTICE OF CALLING OF SPECIAL
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 WHEREAS, the City Commission of the City of Phoenix did, on the 18th day of June, 1919, pass an ordinance providing for special election herein after referred to, which said ordinance is as follows:
 ORDINANCE NO. 271
 AN ORDINANCE DIRECTING AND CALLING A SPECIAL ELECTION WITHIN THE CITY OF PHOENIX, ARIZONA, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS THEREIN, THE PROP OSITION OF INCURRING AN IN DEBTEDNESS BY THE CITY OF PHOENIX, ARIZONA, IN EXCESS OF FOUR PER CENT OF THE VALUE OF THE TAXABLE PROP ERTY OF THE SAID CITY OF PH0ENIX, BUT NOT EXCEEDING FIFTEEN PER CENT THEREOF, BY THE ISSUING OF THE NEGO- TABLE COUPON BONDS OF SAID CITY IN THE AGGREGATE PRIN- CIPAL SUM OF ONE MILLION, THREE HUNDRED THOUSAND DOLLARS FOR THE PURPOSE OF PURCHASING, CONSTRUCT ING AND INSTALLING A WATER WORKS SYSTEM TO SUPPLY SAID CITY WITH WATER, SAID WATERWORKS SYSTEM TO BE OWNED AND CONTROLLED EX- CLUSIVELY BY SAID CITY, AND DECLARING AN EMERGENCY.
 WHEREAS, in the opinion of the Commission of the City of Phoenix, a municipal corporation within the Coun- ty of Maricopa, State of Arizona, the public interests demand that bonds of said City be issued for the purpose of acquiring funds for the purchase, construction and installation of a waterworks system for said City, and the inhabitants thereof, to be owned and controlled exclusively by said City of Phoenix, and that an indebtedness be created therefor by the issuing of bonds in the aggregate principal sum of One Million Three Hundred Thou sand Dollars, for the purpose of pur- chasing, constructing and installing a waterworks system, and
 WHEREAS, it is provided by Chapter 2, Title 52, of the Revised Statutes o1 Arizona, 1913, (Civil Code) that prior to the creation of said indebtedness and the issuance of bonds therefor the question of whether said indebted ness shall be authorized shall be sub mitted to the vote of the property taxpayer of the City of Phoenix, whC in all other respects shall be qualified electors in said City, for their deter imitation; NOW, THEREFORE
 BE IT ORDAINED BY THE COMM1S
 SION OF THE CITY OF PHOENIX
 AS FOLLOWS:
 Section 1 That with the assent o said property taxpayers, who in al other respects shall be qualified cleo tors of the City of Phoenix as hereinaf ter provided, bonds of the City of Phoe nix shall be issued in the aggregat sum of $1,300, 100000, and the proceed of the sale thereof shall be used fo the purpose of purchasing, construct ing and installing a waterworks sys tenn to be owned and controlled by sai City; that said bonds shall bear tn date of their issuance and shall matur January l, 1850; they shall be in tn denomination of S1,0G0.00 each an shall be numbered consecutively fror one to thirteen hundred, both inclusive they shall be payable to bearer an bear interest as evidenced by coupon attached thereto at the rate of pc cent per annum, payable semi mi-annuali on the first days of January and July beginning January 1, 1920, at som bank in the City of New York, Stat of New York; said bonds shall b signed and attested by the Mayor an City Clerk and coupons for the interes thereon shall be attached to each ( said bonds and each of said coupon shall bear fac -simile of the sigma lures of the Mayor and City Clerk a such signatures appear on said bond
 Section 2. That special election b the property taxpayers of the City Phoenix, who in all other respects sha be qualified electors of said City, b and the same is, hereby called and di rected to be held in accordance wit law on the 18th day of July, A. D. 191 for the purpose of determining whethe such indebtedness in such amount sha be authorized.
 Section B. That at said special elet ton the following question shall b and is, hereby submitted to the legal qualified property taxpayers of the Cit of Phoenix, Maricopa County, Arizon who in all other respects shall be qual fled electors in said City for their de termination, to-wit:
 Shall the Commission of the City Phoenix, Maricopa County, State { debtedness for and on behalf of u said City of Phoenix, and upon u credit thereof in excess of four p, centum of the value of the taxab property of said City. but not in exec: of fifteen per centum of the value said taxable property of the City