Bisbee daily review., 1919-04-16

County of COchise.
 No L..... City of Bisbee. $I.OOO. .OC 1919.
 STREET IMPROVEMENT BOND l KNOW ALL MEN BY THESE PRESENTS: That the City of Bisbee in the County of Cochise and State of Arizona, acknowledges to owe and foI value received hereby promises to pay the bearer One Thousand Dollars ($1,0OO.OO) on the firteenth day of May, A. D., 1920. with interest there. on from the date hereof. at the rate of five an done-half (51h) per centum per annum, payable semi-annually, on the 18th day of May and the 10th day of November, in each year, on pre- sentation and surrender of the annex. ed interest coupons as they severally become due. Both principal and inter. est of this bond are hereby made pay. able in gold of the United States of America, of the present standard weight and fineness, at the office of the Treasurer of the City of Bisbee. or at the Hanover National Bank of the City and State of New York, at the option of the holder. And for the prompt payment of this bond and the interest thereon, the full faith. credit and resources of the City of Bisbee are hereby irrevocably pledged.
 This bond is one of a series of two hundred C2OO) bonds of like tenor, is- sued for the purpose of supplying funds for the construction or i'm provement, or construction and i'm provement of certain streets and high ways, or portions thereof, within the said City of Bisbee, Arizona, under the authority of Chapter 2. Title 52, of the Revised Statutes of the State of Arizona 1913. and of an election duly called and held in said City.
 And it is hereby certified and recited that all acts, conditions and things re- quired to be done precedent to and in the issuing of this bond have been done, happened and been performed in regular and due form as required by law; and that the total indebted ness of the City of Bisbee, Arizona. including this bond, does not exceed the statutory or constitutional limi- tations
 IN TESTIMONY WHEREOF, the Common Council of the City of Bis bee, County of Cochise, State of Ari- zona, has caused this bond to be sign. ed by the Mayor and countersigned by the City Clerk. with the seal thereof hereto affixed, and the annexed inter- coupon to be executed with the fac simile signature of said officers, this 18th day of May. 1919.
 JACOB ERICKSON Mayor,
 Countersigned:
 N. L. BUTLER, City Clerk.
 CForm of Coupon)
 NO....... s2Z5O
 On the 18th day of NoYember.May, A. D., 1s...., the City of Bisbee, 1 in the County of Cochise. in the State of Arizona, promises to pay to l bearer. Twenty-seFen and 5e-lOo Dol. lars ($27.5O). in gold coin, at the of. l flee of the Treasurer of the City of Bisbee. Arizona, or at the Hanovert National Bank of the City and State of New York, at the option of the holder, for interest due that day on its Street Improvement Bond, 1913.
 Dated May 18th, 1913.
 JACOB ERICKSON. Mayor.
 Countersigned,
 M- L. BUTLER, City Clerk.
 Section 6. Said bonds. when duly prepared and executed, as herein pro vided, shall be delivered by the Com mon Council of the City of Bisbee, County of Cochise, State of Arizona. to the lawful purchaser thereof, in accordance with the law and the con tract of purchase made to that end and within the amount of bonds sold, and the numbers and description of said bonds shall be duly entered of record on the records of the Common Council of the City of Bisbee; and he proceeds derived from the sale of said bonds shall be used exclusively Or the purpose recited in said bonds. IS hereinbefore set forth; but the pur- chaser of the said bonds shall be in 10 wise responsible for the applica- ion of the proceeds of said bonds by aid City of Bisbee,. or any of it's of- , icers. Section 2. That for the purpose of , providing the necessary funds, the Common Council of Bisbee, until all f # said bonds, together with the in- f crest thereon, are paid, shall levy m k1 l.