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


 the Constitution or laws of the State Of Arizona, and that the issue of this bond has been authorized by the af- firmative vote of a majority of the property taxpayers of the said Town of Clifton, who were in all other re- spects qualified electors therein, vot- ing upon the question at a special election duly held for said purpose in the said Town of Clifton on the 29th day of March, A. D. 1919.
 The full faith and credit of the said Town of Clifton, County of Green lee, State of Arizona, is hereby pledged for the punctual payment of the principal and of the interest upon this bond
 IN TESTIMONY WHEREOF, The Common Council of the Town of Cliff ton, County of Greenlee, State of Ari- zona, has caused this bond to be signed by the Mayor of the Town of Clifton and attested by the Town Clerk of said Town of Clifton, and the Clifton to be affixed hereto, and mas caused the annexed interest coupons to bear a facsimile of the signatures of the said Mayor and Town Clerk of the Town of Clifton as of this 3Oth day of June, A. D. 1919.
 
 Mayor of the Town of Clifton, Coun-
 ty of Greenlee, State of Arizona. Attest:
 
 Town Clerk of the Town of Cliff
 ton, County of Greenlee, State
 of Arizona.
 (FORM OF COUPON No. $........
 (June) On the thirtieth day of (December) A. D. 19. ., the Town of Clifton, County of Greenlee, State of Arizona, promises to pay to bearer Fifteen Dol lars in gold coin of the United States of America, of or equal to present standard of weight and fineness, at the office of the Town Clerk of the Town of Clifton, County of Greenlee, State of Arizona, in Clifton, Arizona, or at the Hanover National Bank, in the City of New York, U. s. A., at the option of the holder, it being interest due that date on it's Sewer bond dated June 30th, 1919, Mo-.
 Facsimile Signature), Mayor of the Town of Clifton, Coun-
 ty of Greenlee, State of Arizona. Attest:
 (Facsimile Signature),
 Town Clerk of the Town of Cliff
 ton, County of Greenlee, State
 of Arizona.
 Registration Certificate of the Town
 Clerk of the Town of Clifton I, the undersigned, the Town Clerk of the Town of Clifton, County of Greenlee, State of Arizona, do hereby certify that this bond has been duly entered of record in the proceedings of the Common Council of the Town of Clifton, as required by the provi- sions of the law under which the same is issued.
 IN TESTIMONY WHEREOF, I have hereunto set my hand and af- fixed the official seal of the said Town of Clifton this 30th day of June, A. D. 1919
 
 Town Clerk of the Town of Clifton,
 County of Greenlee, State of
 Arizona.
 (SeaD
 Said bonds shall be promptly pre- pared and executed as provided by law and shall be delivered by the Com mon Council of the Town of Clifton, County of Greenlee, State of Arizona, to the lawful purchaser thereof in accordance with law and the contract of purchase made to that end, and the amount of bonds sold, their numbers and dates shall be entered upon the minutes of the Common Council of the said Town of Clifton, County of GreenIee, State of Arizona, and the proceeds derived from the sale of said bonds shall be used exclusively for the purpose of said bonds as herein before set forth, but the purchaser of said bonds shall in no wise be re- sponsible for the application of the proceeds of the said bonds by the said | Town of Clifton or any of it's officers. It is further ordered that at the time of making the levy of taxes for Town i the Common Council of the Town of Clifton shall annually for twenty years from the date hereof levy a tax upon the taxable property within, the corporate limits of said Town of Clifton sufficient to pay the interest on said bonds, and shall annually levy a tax upon the taxable property within the corporate limits of the Town of Clifton sufficient to pay the principal sum of each bond maturing during the year such tax is levied, and said tax collected shall constitute separate i funds for the payment of principal and interest of said bonds respective 1 ly and shall he called reSDectiVelV |