The copper era and Morenci leader., 1919-02-14
NOTICE OF BOND ELECTION FOR THE CONSTRUCTION OF SEW- FRS.
Resolution and Order

WHEREAS, it is the opinion of the Mayor and Common Council of
 the Town of Clifton, County of
 Greenlee, State of Arizona that the interests of said Town of Clifton re-
 quire that bonds be issued for the purpose of acquiring funds for sup
 plying the said Town of Clifton with
 sewers, which sewers shall be owned
 and controlled by the said Town of Clifton, and that a Town indebted ness be created therefor, and WHEREAS, it is the opinion of the Mayor and Common Council of
 said Town of Clifton that the inter-
 ests of said Town of Clifton demand
 the acquiring of funds for the above
 mentioned purpose in the aggregate
 amount of One Hundred Fifty Thous- and ($150, ,000 .00) Dollars, the same
 to be acquired by the issuance of
 bonds of the said Town of Clifton in said amount, and
 WHEREAS, it is provided by Chap ter 1T of Title LII of the Revised
 Statutes of Arizona A. D. 1913, and Acts and laws amendatory thereto, that whenever it is attempted to ln-
 crease the aggregate amount of the indebtedness of a Town so as to
 exceed four (4%O per centum of the value of the taxable property ln such Town. such value of taxable property of the Town to be taken from the last assessme ment for Town purposes made previous to the incur ring of such indebtedness, and such indebtedness not to exceed fifteen G5GcO per centum additional to said four (4Gc) per centum of the va're of said taxable property of sald
 Town, and to be for the purpose of supplying said Town with sewers when the sewers are to be owned ana controlled by said Town, that prior
 to the issuing of said bonds for sad
 purpose aforesaid the question or whether such indebtedness shall be authorized shall be submitted by the said Mayor and Common Council of the said Town to vote of the prop erty taxpayers of said Town who shall in all other respects be quail fled electors in said Town, and WHEREAS, the said indebtedness of One Hundred Fifty Thousand (s15O 900 OO) Dollars will increase the aggregate amount of the indebted ness of said Town of Clifton so as
 to exceed four (48o) per centum of the value of the taxable property m said Town, but will not exceed ht-
 teen Q53o) per centum additional thereto,
 NOW, THEREFORE, it is resolved
 and ordered that special election 1 be held at the Town Hall of the
 Town of Clifton, the same being the regular voting place within the limits of said Town, on the 29th day or March 1919, for the purpose of ere ating an indebtedness by the said
 Town of Clifton in the sum of One
 Hundred Fifty Thousand ($150, ,0OO.GO)
 Dollars for the purpose of supplying
 said Town of Clifton with sewers. 1. That at said election the fol lowing question shall be and the
 same is hereby submitted to the property taxpayers of the Town Of Clifton who in all other respects are qualified electors in said Town:
 Shall the Mayor and Common Council of the Town of Clifton be au- thorized to create an indebtedness on behalf of the said Town of Clifton and upon the credit thereof by issu- ing bonds of the Town of Clifton i'll the aggregate amount of One Hun dred Fifty Thousand ($15O,O0O 00) i Dollars for the purpose of supplying l said Town of Clifton with sewers; 1 said bonds to bear date the 3eth day | of June, 1919, and to mature serially | Seven Thousand Five Hundred ($7.- | 800. 0O) Dollars on the 30th day of ! June, 1920, and Seven Thousand Five i Hundred ($7 300 .00) Dollars on the 30th day of June of each and every i year thereafter to and including the ! year 1889; said bonds to bear inter- est at the rate of six (69t) per cen tum per annum, payable semi-annn ally on the 30th day of June and the 3Oth day of December of each year?''
 g. Said election shall be held in conformity with the provisions of the general election laws of the State of Arizona and by officers of election provided to be appointed by, and who shall qualify, under such laws.
 3. That the question so submitted shall be voted on at such election by the property taxpayers of the Town of Clifton who in all other respects shall be qualified electors in such Town at the Town Hall in the Town of Clifton on the said 29th day of March, 1919, and the following per sons are hereby appointed as Inspec- tors, Judges and Clerks of election for the purpose of conducting such election:
 Inspector, I. N. Stevens.
 Judge, c. H. Love.
 Judge. c. w. Beck.