The copper era and Morenci leader., 1919-04-25

to be held for said purpose, open all sealed proposals received by them and award the purchase of said bonds to the highest and best responsible bid der; provided, however, that none of said bonds will be sold for a less amount than par with accrued inter- est.
 A copy of this order shall be pub lished for at least four consecutive weeks before said sale in the Copper Era, newspaper designated by the Mayor of the Town of Clifton, being a printed and published in the said Town of Clifton and of gen. eral circulation therein, together with notice that sealed proposals will be of the Town of Clifton for the pur- chase of said bonds on the day and hour named in this order, which notice shall be substantially the following form:
 Notice of Bond Issue and Sale
 Notice is hereby given that the Common Council of the Town of Cliff ton, County of Greenlee, State of Ari- zona, intends to issue, negotiate and sell on Tuesday, the first day of July, A. D. 1919, at the hour of 10 o'clock A. M. of said day, at the Town Hall in the Town of Clifton, County of Greenlee, State of Arizona, negotiable coupon bonds of said Town in the az gregate amount of Five Thousand ($5,000.00) Dollars for the purpose of acquiring funds for the construction and erection of bridge across Chase Creek, together with the approaches and retaining walls thereto, in the said Town of Clifton; said bonds will consist of ten (1O) bonds in the denomination of Five Hundred ($5OO.OO) Dollars each, payable in gold coin of the United States of America, of or equal to the present standard of weight and fineness, bearing date, and bearing interest from and after June 30th, 1919, at the rate of six (69o) per centum per annum, payable in like medium semi-annually on the 30th day of June and the 30th day of December of each year, both principal and inter- est payable at the office of the Town Clerk of the said Town of Clifton, in Clifton, Arizona, or at the Hanover National Bank in the City of New York, U. s. A., at the option of the holder.
 Sealed proposals will be received for the purchase of said bonds until 10 o'clock A. M., Tuesday, July 1st, 1919. All bids or proposals must be accom- panied by a certified check for not less than five t5H6) per centum of the total amount of bid, and certified check so deposited by .he successful bidder shall be retained by the said Common Council of the Town of Clifton, and shall be forfeited in the event that such bidder shall not carry out the terms of the contract provided herein and to be entered into. As the bonds will be ready for delivery at the time of their sale, namely, on the date and hour aforesaid, the purchasers must satisfy themselves of the legality thereof prior to said time, and no con- ditional bids for said bonds will De considered. None of said bonds will be sold for a less amount than par and accrued interest, and the Com mon Council of the Town of Clifton reserves the right to reject any and all bids offered.
 The terms of the above bonds is as follows:
 One bond for Five Hundred ($50OOO) Dollars payable June 3Oth, 1920, and a like bond for Five ($500O0) Dollars payable on the 30th day of June of each year thereafter up to and including June S0th, 1929. Certified copies of all proceedings adopted by said Common Council of the Town of Clifton, relative to this issue will be furnished with each ! financial statement, to assist prospec- tive bidders in satisfying themselves as to the legality of the bonds. i All bids must be sealed and address ed. B. c. Sturges, Town Clerk, Cliff. ton, Arizona" and plainly marked Proposal for Bridge Bonds"
 By order of the Common Council oi the Town of Clifton, County of Green lee, State of Arizona.
 | (By) R. K. MINSON, Mayor.
 Attest:
 B. c. STURGES, Town Clerk.
 (SeaD
 That the provisions of this resolu tion and order and each of the bonds and interest coupons issued pursuant thereto shall constitute and the same are hereby declared to be a binding and irrevocable contract between the said Town of Clifton and the purchaser of said bonds and the holder from time to time of each of said bonds and the interest coupons thereto apertain ing.
 All resolutions and orders or parts
 thereof herein adopted by the Com mon Council of the Town of Clifton il