Mohave County miner and our mineral wealth., 1919-06-14

WHEREAS, l.. H. Foster introdu
 ced the following resolution and mov
 ed its adoption, which motion wa
 duly seconded and unanimously car
 ried:
 Resolution and order directing
 the issuance and sale of $5O,OOO
 par value Hospital Bonds of Mo
 have County, Arizona, defining
 the form of said bonds and fixing
 the details thereof and providing
 for the levy and collection of an
 annual tax upon all taxable prop
 erty in Mohave County, for the
 payment of principal and interest
 on said bonds at maturity.
 WHEREAS, it is deemed by tho Board of Supervisors of Mohave Coun. ty, State of Arizona, to be to the best interests of said Mohave County, and the inhabitants thereof that bonds of the said County be issued for the pur- pose of providing funds with which to construct a hospital in and for said County, and,
 WHEREAS, the issuance of bonds herein provided to be issued will not increase the bonded indebtedness of said Mohave County to an amount in excess of four (496) percent of the assessed valuation of the property with in said County as based upon and as- certained from the last assessment for State and County purposes prior to the mourning of such indebtedness, and,
 WHEREAS, under the provisions of Chapter 2, Title 52, Revised Stat. utes of Arizona, 1913, Civil Code, the Board of Supervisors, is authorized to incur such indebtedness as herein proposed and issue bonds of said Mo- have County, to evidence such indeb- tedness,
 NOW THEREFORE BE IT OR- DERED, AND IT IS HEREBY OR- DERED, that the negotiable coupon bonds of Mohave County, in the prin- cipal sum of Fifty Thousand (50,O0C) Dollars, to be issued for the purpose of obtaining funds for the construc- ton of hospital in and for said County; the said bonds to consist of Fifty (50) bonds of the denomiDa- tion of One Thousand (1,0O0) Dollars each and numbered from one CD to fifty (50) inclusive, to bear date of July 1st, 1919, mature serially at the rate of $2,0OO annually on the first days of July in each of the years 1930 to 1889; $3,000 on the first days of July in each of the years 1940 to 1949; both inclusive. The said bonds to bear interest at the rate of six (6( percentum per annum, payable semi and both principal and in- terest to be payable in gold coin at the office of the Seaboard National Bank in the City of New York, N. Y., or at the office of the County Treas lrer at Kingman, Arizona, at the op- .ion of the holder.
 BE IT FURTHER ORDERED, ETC., that the form of said bonds and coupons shall be substantially in the 'ollowing form:
 No. - s3O. On the first day of July and Jan lary, 19- the County of NIohave, n the State of Arizona, promises to 'ay to bearer, THIRTY DOLLARS in 'old coin of the United States of of the present standard of 'elght and fineness, at the Office of he Seaboard National Bank in the ,ity of New York, N. r., or at the 'ounty Treasurer's Office, Kingman, Ilzona, at the option of the holder, caring interest due that date on it's ospital bonds, dated July 1st, 1919, nd No.
 (Fac-sin,le signature)
 Chairman Board of Supervisors. Fac-Simile signature)
 Clerk Board of Supervisors.
 BE IT FURTHER RESOLVED ND ORDERED, that the interest 'upons on said bonds may be exc lted with the fac-simile signatures the Chairman and Clerk of the oard of Supervisors, and that the 'nds shall be signed by the Chair an and Clerk.
 BE TT FURTHER RESOLVED, IC., that the bonds herein ordered be issued shall be advertised for le in the "Mohave County Miner Id Our Mineral Wealth." a news per hereby designated, and of gen. al circulation within Mohave Coun- , State of Arizona, for period of UT consecutive weeks, the first pub ation of which Notice of Sale shall not less than thirty days prior to date of sale of said bonds. The i'd Notice to contain a description the bonds herein provided to be is- ed, and to state that sealed bids Il be received by the Board ofSu- rvisors at the hour of 10 o'clock A. on Tuesday the 18th day of July,