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


 form and manner held, and on the 14th day of April, A. D. 1919, being the first Monday succeeding the twelfth day after the said special cleo i ton held in the said Town of Clifton on the 18th day of March, A. D. 1919, the Common Council of the Town of Clifton met in special session for the purpose of canvassing the vote cast at said election, and it then and there appearing that a majority of the votes cast at said special election contained the words For the Bonds," and were in favor of issuing said bonds, the said Common Council of the Town of Clifton caused an entry of this fact to be made upon the minutes of the pro- ceedings of the Common Council of the Town of Clifton, and
 WHEREAS, The Common Council of the Town of Clifton has filed and recorded in the office of the County Recorder of Greenlee, County, State of Arizona, in Clifton, Arizona, a certifi- cate showing the object of said special
 election, the total number of votes cast at such special election, the total number of votes cast in favor of the creation of the aforesaid indebtedness, and to the total number of votes cast against the creation of the aforesaid indebtedness, and a further statement that the creation of such indebted ness is authorized, and
 l WHEREAS, The amount of said bonds in the aggregate will not exceed the limitation prescribed by the Con- stitution or laws of the State of Ari- zona, as ascertained from the last as- sessment for Town purposes, made within the said Town of Clifton pre- vious to the mourning of such indebt- edness.
 NOW, THEREFORE, IT IS OR DERED that for the purpose of acquir- ing funds for supplying the said Town of Clifton with sewers, that the negotis able, coupon bonds of the Town of Clifton, County of Greenlee, State of Arizona, be issued in the aggregate amount of One Hundred and Fifty Thousand ($15O,000.00) Dollars. That said bonds shall consist of three hun dred (300) bonds, for the sum of Five Hundred ($50O.OO) Dollars each, shall be dated June 30th, A. D. 1919, and shall be due and payable serially Seven Thousand Five ($7,500.00) Dollars on the 3Oth day of June, 1920, and Seven Thousand Five Hundred ($7,500.00) Dollars on the 30th day of June of each and every year thereafter to and including the year 1889. And the said bonds shall bear interest at the rate of six (6To) per centum per annum, payable semi annually on the 30th day of June and the 3Oth day of December of each year, both principal and interest pay able at the office of the Town Clerk of the Town of Clifton, County of Greenlee, State of Arizona, or at the Hanover National Bank, in the City of New. York. U. S. A.. in gold coin of the United States of America, of or equal to the present standard of weight and | fineness; said bonds shall be signed and attested by the Mayor and Town Clerk of the said Town of Clifton, with the corporate seal of the Town of Clifton affixed thereto.
 | The coupons for the interest, at tached to each of said bonds, shall bear a fac-simile of the signature of the Mayor and Town Clerk of the said Town of Clifton, and
 IT IS FURTHER ORDERED That the bonds and coupons shall be in sub- stantially the following form, to-wit: UNITED STATES OF AMERICA STATE OF ARIZONA
 TOWN OF CLIFTON
 Mo-. $5OO.0O SEWER BONDS"
 The Town of Clifton, in the County of Greenlee, State of Arizona, for value received, hereby acknowledges itself indebted and promises to pay to the bearer hereof the sum of Five Hundred Dollars in gold coin of the United States of America of or equal to the present standard of weight and fineness on the 30th day of June, 19 , with interest thereon from the date hereof at the rate of six per cen tum per annum, payable in like me- dium, semi-annually on the 30th day of June and the 30th day of December in each year, as evidenced by interest coupons hereto attached, both princi- pal and interest 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, upon presenta- tion of this bond or said coupons re- spectively.
 This bond is issued by the Common Council of the Town of Clifton, County of Greenlee, State of Arizona, for the purpose of acquiring funds for supply ing the Town of Clifton with sewers. by virtue of and in full conformity with