The Cordele dispatch. (Cordele, Ga.) 19??-1971, 1919-11-05
LEGAL
A Advertisements
NOTICE OF BOND ELECTION

the General Assembly of Georgia
creating new Charter for the City of
Cordele, approved August p. 1911, and
the Acts amendatory thereof, the
Mayor and City Council of Cordele are
authorized to issue bonds of siad MI.
nicipality for the purpose and in the
amounts hereinafter set out and deSig-
mated. to wit: Public School Bonds in
the sum of $4,000 for the purpose of
buying sites, erecting buildings, con.-
pleting and equipping public school
buildings in said city, provided the
requisite assent of the qualified voters
of said municipality to the issuance
of said bonds is first obtained as pro-
vided by law.
Now, therefore, fer the purpose of
obtaining the requisite assent of the
qualified voters of said Municipality
and in accordance with the Constitu-
ton and Laws of this State in such
! cases made and provided. it is Resolv.
ed and ordered, that an election be
held on the 18th day of November
1919, in said City, to determine wheth.
err said bonds shall be issued by said
Municipality, said Bonds to be desig-
mated and described as follows:
Public School Bonds: $50,000.00 of
Bonds, to be issued in denominations
of 81 100000 each, to be known as Pub
lie School Bonds" the proceeds to be
used for the purpose of buying sites,
erecting and equipping Public
School Buildings in said City of Cor.
dele. Said Bonds to be dated as of
January 1st 1920, to bear interest at
the rate of 5 per cent per annum, in
! terest payable semi-annually on the
LIST days of January and July of each
year, covered by interest coupons
thereto attached, principal and inter
est to be payable in gold coin of the
United States of present weight and
finess, the principal and interest to be
paid and retired annually in the fol
lowing amounts and installments, to
wit:
Two Bonds of the denomination of
81 ,000.0 90 TO be paid on the first day
of January, 1880. Two Bonds of the
denomination of 81 100000 each, to be
paid on the first day Of January, 1871
Two Bonds of the denomination of
81 900 to be paid on the first day OF
January, 1892 Two Bonds Of the
denomination of $1,000 each, to be
paid on the first day of January, 1888.
Two Bonds of the denomination OF
81. 900 each to be paid on the first
day of January, 1884. Two Bonds OF
the denomination of $1,000 each to be
paid on the first day of January 1885.
Two Bonds of the denomination of
200 each, to be paid on the first
day of January, 1886. Two Bonds OF
the denomination of $1,000 each to
be paid on the first day of January,
1887. Two Bonds of the denomina-
ton of $1,000 each to be paid on the
first day of January, 1888. Two
Bonds of the denomination of $1,000
each, to be paid on the first day of
January, 1889 Three Bonds of the
denomination of $1,000 each, to be
paid on the first day of January, 1910.
Three Bonds of the denomination OF
ST. 900 each, to be paid on the first
dav of January 1871. Three Bonds
of the denomination of $1,000 each,
to be paid on the first day of January
1912. Three Bonds of the denomina-
ton of $1,000 each, to be paid on the
first day of January, 1943. Three
Bonds of the denomination of $1,000
each, to be paid on the first day OF
January, 1914 Three Bonds of the
denomination of $1,000 each to be
paid on the first day of January, 1945.
Three Bonds of the denomination OF
81 900 each, to be paid on the 1irst
day of January, 1916. Three Bonds
of the denomination of $1,000 each,
to be paid on the first day of January
1947. Three Bonds of the denomina-
ton of $1,000 each, to be paid on the
first day of January, 1948. Three
Bonds of the denomination of 81, 900
each, to be paid on the first day of
January, 1949, on which said last
named date said entire issue of Bonds
shall be paid off fully, both as to
principal and interest. The amount
of interest to be paid annually on said
Bonds shall be per cent per annum.
upon the amount outstanding each
creasing annually as said bonds are
paid off and retired.
The manner in which all of said
described bonds and the interest
coupons attached thereto shall be eX-
ecuted, how said bonds shall be reg
istered and all other questions and
details incident to the lawful is
suance, sale and payment of said
bonds shall be determined and fixed
by the Mayor and City Council Of
Cordele in their discrimination.
Said election shall be held at the
Council Chamber in the City of Cor
dele, and shall be held by the same
persons, and in the same manner and
under the same rules and regulations
as elections are held for Mayor and
Aldermen of the City of Cordele, and
the returns shall be made to the May
or and City Council of Cordele, who
shall, in the presence and together
with the several managers (who
bring up the returns) consolidate and
declare the result of said election.
Voters favoring the issuance of
said bonds shall have printed, or writ
ten upon their ballots the words For
Public School Bonds" Voters oppos-
ing the issuance of said bonds shall
have written, or printed upon their