Graham guardian., 1919-08-01

succeeding sections of Title 10,
Revised Statutes of Arizona,
1918, Civil Code, that the Board
of Supervisors may, whenever
the aggregate Indebtedness of
the county shall not exceed four
per centum of the value of the
taxable property within said
county, to be ascertained by the
last assessment for the State and
county taxes, previous to the ac-
ton of this board, as provided in
the aforementioned sections of
Title 10, Revised Statutes of Ari-
zona, 1918, Civil Code, the Board
of Supervisors are authorized,
for the purpose of building or
erecting suitable county build
ings, equlpping and furnishing
the same with furniture, etc., to
issue on behalf of such county,
bonds not to exceed four per
centum of the assessable prop
erty of the county, when added
to the now existing Indebtedness
of the county; and,
- WHEREAS, From the records
of this County of Graham, State
of Arizona, and other evidence,
it clearly and satisfactorily ap-
pears to this board that the ag-
gregate Indebtedness of said
county does not at the date of
this order, exceed four per Gen.
tum of the value of the taxable
property within said county, as
actually appears and is ascer-
tanned by the last assessment for
the State and county taxes, fixed
by the State Board of Equaliza-
tion of said State, on the second
Monday in August, A. d. 1918,
at the sum of $13, 165, 299. So; and
it appearing to the board that
the said County of Graham has
not now any county hospital suit
able to accommodate the hospital
needs of the public of said County
of Graham, and it further ap-
pearing to the board that the
sum of Twenty Thousand ($20,
000.00) Dollars when added to
the present existing indebted
ness of said county shall not ex-
ceed four per centum of the as
sessable property of said county;
it further appears to the salts
faction of this board that the
said county needs such hospital,
with necessary equipment, furni-
ture and fixtures for the same,
and that under the constitution
and laws of the said State, the
board is vested with the proper
and necessary jurisdiction, power
and discretion, and it is this
boards duty under said laws, to
issue on behalf of said county
bonds not to exceed in the ag-
gregate sum of Twenty Thousand
! $3.50, ,000.00) Dollars, for the pur-
pose of erecting such county hos
pital on the present county hos
pital grounds, owned by the said
county, situated in the Town of
Stafford, Graham County, Ari-
zona, and equip the said hospital
with furniture and all necessary
equipment; and,
WHEREAS, 1t is therefore here
by directed and ordered that the
bonds of and on behalf Of said
County of Graham be, and are
hereby issued, in the sum of
Twenty Thousand $500, 600. 00)
Dollars to erect said county hos
pital and furnish the same; said
bonds shall be in denomination
of One Thousand ($1, 900. 0O) Dol
lars each and shall be dated Au-
gust l, 1919; said bonds shall
bear interest at the rate of Five
(5) per centum per annum, which
interest shall be payable semi
annually on the 1st day of Feb
ruary and on the first day of
August in each year; said bond
issue to consist of Twenty 900
bonds, numbering from One %
to Twenty (20), both inclusive,
in the denomination of One
Thousand Isl, 900. .00) Dollars
each, which said Eonds shall be
dated the LIST day of August,
1919, and shall become due and
payable, as follows, to-wit: One
twentieth 1-20) one Cd year
from date and one-twentieth
/ (1-20) each year thereafter until
all are paid, said bonds shall be