Arizona republican., 1919-06-29
Legal Advertising

WHEREAS, it is provided by Chapter | ?, Title 52, of the Revised Statutes of | Arizona, 1913, Civil Code) that prior | to the creation of said indebtedness | and the issuance of bonds therefor, | the question of whether said indebted l ness shall be authorized, shall be sub- mitted to the vote of the property | taxpayer of the City of Phoenix, who ! in all other respects shall be qualified electors in said City, for their deter imitation; NOW, THEREFORE BE IT ORDAINED BY THE COMMIS- 1
 SION OF THE CITY OF PHOENIX, |
 AS FOLLOWS:
 Section l. That with the assent of said property taxpayers, who in all other respects shall be qualified cleo tors of the City of Phoenix as hereinaf- ter provided. bonds of the City of Phoe- nxi shall be issued in the aggregate sum of $500, ,000.00, and the proceeds of the sale thereof shall be used for the purpose of purchasing, construct ing and installing a waterworks sys- tenn to be owned and controlled by said City; that said bonds shall bear the date of their issuance and shall mature January 1, 1850; they shall be in the denomination of $1,000.00 each and
 
 one to thirteen hundred. both inclusive; they shall be payable to bearer and bear interest as evidenced by coupons at tached thereto at the rate of per cent per annum, payable semi-annually on the first days of January and July, | beginning January 1, 1920, at some 1 bank in the City of New York, State of New York; said bonds shall be signed and attested by the Mayor and City Clerk and coupons for the interest thereon shall be attached to each of said bonds and each of said coupons shall bear a fac -simile of the sigma ] lures of the Mayor and City Clerk as such signatures appear on said bonds.
 Section 2. That special election by the property tax payers of the City of | Phoenix, who in all other respects shall i be qualified electors of said City, be, and the same is, hereby called and di- rected to be held in accordance with 1 law on the 18th day of July, A. D. 1919, for the purpose of determining whether ] such indebtedness in such amount shall be authorized
 Section 8. That at said special elec- ton the following question shall be, and is, hereby submitted to the legally qualified property taxpayers of the City of Phoenix, Maricopa County, Arizona, who in all other respects shall be quali- fled electors in said City for their de- termination, to-wit:
 Shall the Commission Of the City Of Phoenix, Maricopa county, State of Arizona, be authorized to create an in debtedness for and on behalf of the said City of Phoenix, and upon the credit thereof in excess of four per centum of the value of the taxable orfU V nf Caid b1lt in, of fifteen per centum of the value of said taxable property of the City of Phoenix, by issuing negotiable coupon bonds of said City in the amount of One Million Three Hundred Thousand Dollars, for the purpose of acquiring funds for the purchase construction and installation of WaterWorks sys- tenn, to be owned and controlled ex- clusively by the said City of Phoenix Said bonds to consist of thirteen hun . dred bonds, numbered one to thirteen hundred, both inclusive, in denomina-
 tions of One Thousand Dollars each; which bonds shall bear the date of theil , issuance; shall be payable to bearer
 and bear interest as evidenced by cou- pons attached thereto at the rate O. E 5 per centum per annum, payable semi annually on the first days of January ! anu uly DSSln11lll Jdlludl 1, lJ-u, d
 some bank in the City of New York State of New York. and said bonds
 shall mature January l, 1950."
 Section 4. That said special election shall be held at the regular voting places within the City of Phoenix | which have been designated by ordi.
 nance No. 270, as follows:
 First Precinct Adams street school Second Precinct: Central schoo
 building.
 Third Precinct: 2S5 North Centra
 avenue.
 : Fourth Precinct: Monroe schoo
 building.
 Fifth Precinct: Northwest corner / Second avenue and Madison street r Sixth Precinct: City Hall.
 That said election shall be conducted l by such election officers as shall here l after be appointed by resolution of tn, X City Commission, and shall be con . ducted in the manner prescribed by
 law and the vote shall be counted, can
 vassed and returned and the result as 7 certained as provided by law.
 Section 5. The form of ballot whicl
 shall be provided by the City Clerl ) to be used at said election s'1all b, substantially as follows:
 :, OFFICIAL BALLOT ! City of Phoenix, Maricopa County, ) State of Arizona
 . Election - July 26. 1919. : QUESTION SUBMITTED Shall the Commission of the City of Phoenix, Maricopa County, State Z of Arizona, be authorized to create : an indebtedness for and on behalf ' of the said City of Phoenix, and upon the credit thereof in excess nf of of the taxable property of said City, ) but not in excess of fifteen per cen tum of the value of said taxable 1, property of the City of Phoenix, by ) issuing negotiable coupon bonds of ' said City in the amount of One Million Three Hundred Thousand = Dollars, for the purpose of acquir- [ ing funds for the purchase, con- ) struction and installation of a 2 waterworks system, to be owned : and controlled exclusively by the ) said City of Phoenix. Said bonds
 to consist of thirteen hundred e bonds. numbered one to thirteen a hundred, both inclusive, in de- = nominations of one Thousand Dol e lars each; which bonds shall bear f the date of their issuance; shall e be payable to bearer, and bear in- }, terest as evidenced by coupons at a tached thereto at the rate of per centum per annum, payable semi q annually on the first days of y January and July beginning Janu- s ary 1. 1920, at some bank in the f City of New York, State of New n York, and said bonds shall ma . ture January l. 1850"
 = Immediately following said propo a sition so to be submitted to the prop erty tax payers of said City, who sha
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