Mohave County miner and our mineral wealth., 1919-07-05
NOTICE OF BOND SALE

Board of Supervisors of Mohave County, State of Arizona, acting un- der and by virtue of the provisions of certain resolutions passed and adopted on the 3rd day of June, 1919, will receive sealed bids for the purchase of $50,000 bonds described as follows $50,000 bonds of Mohave County, issued for the purpose of building a hospital in and for said County, bear ing interest at the rate of 6% per an mum payable semi-annually, and ma- turing serially at the rate of
 $2,O0O annually 1880 to 1889 and
 $3,0O0 annually 194O to 1949, both inclusive,
 bonds to be of the denomination of $1,00O each, and principal and interest on each of the above bonds to be pay able at the Office of the County Treasurer at Kingman, Arizona, or at the Seaboard National Bank in the City of New York, N. Y, at the op- tion of the holder.
 All bids must be accompanied by a certified check drawn upon a bank in the town of Kingman, Arizona, and duly certified in the sum of 59o of the amount of the bid. The Board reserves the right to reject any or all bids.
 GEO. B. AYERS,
 Chairman Board of Supervisors. ATTEST:
 J. s. WITHERS,
 Clerk Board of Supervisors.
 At this regular meeting of the Board of Supervisors of Mohave County, Arizona, L. H. Foster, mem Der of said board introduced the fol- lowing resolution and moved its adop- tion, which motion was duly seconded 'and unanimously carried:
 Resolution and order directing
 the issuance and sale of $50,000
 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 the 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 moi increase the bonded indebtedness c1 said Mohave County to an amount in excess of four (49o) percent of the assessed valuation of the property with in said County as based upon and as certained from the last assessment fol 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 TT OR. DERED, AND TT IS HEREBY OR DERED, that the negotiable coupor bonds of Mohave County, in the prin cipal sum of Fifty Thousand (50,000) Dollars, to be issued for the purpose of obtaining funds for the construc' ton of hospital in and for sait County; the said bonds to consist o1 Fifty (50) bonds of the denomina tion of One Thousand (1,000) Dollar: each and numbered from one CD tt fifty (5O) inclusive, to bear date o. July 1st, 1919, mature serially at tht rate of $2,OOO annually on the frs days of July in each of the years 193i to 1889 inclusive; 5000 on the flrs days of July in each of the years l94( kto 1949 inclusive. The said bonds tt bear interest at the rate of six G, percentum per annum, payable semi annually, and both principal and in terest to be payable in gold coin d the office of the Seaboard Nationa Bank in the City of New York, N. Y. or at the office of the County Treas urer at Kingman, Arizona, at the op tion of the holder.
 BE IT FURTHER ORDERED ETC., that the form of said bonds ant coupons shall be substantially in thu following form:
 No. s3O
 On the first day of July and Jan uary, 19- the County of Mohave in the State of Arizona, promises t; pay to bearer, THIRTY DOLLARS il gold coin of the United States ol America, of the present standard o. weight and fineness, at the Office o1 the Seaboard National Bank in tn, City of New York, N. Y, or at tn,