Arizona republican., 1919-09-05
Legal Advertising

A(St eAA All WI kAoAkkk by the mayor and city clerk. Said bonds shall bear interest at the rate of five (5) per cent per annum, payable semi annually on the first days of Jan uary and July respectively, of each year. They shall be made payable to bearer and coupons for the interest shall be attached to each of said bonds so that the same may be removed therefrom without mutilating the bonds, and each of said bonds shall be signed by the mayor and attested by the city clerk, and each of said coupons shall bear a -simile of the signatures of the said mayor and city clerk a. such signature appear on said bonds Both the principal and the interest on said bonds shall be made payable in gold coin of the United States of America, of the present standard of weight and fineness, at some bank in the city of New York, state of New York, or at such place as may be agreed upon by and between the mayor and the purchaser or pur- chasers of said bonds. The place of payment thereof, if so agreed upon, to be mentioned in said bonds.
 The form of said bonds shall be substantially as follows
 WATER WORKS BOND
 OF THE
 CITY OF PHOENIX
 s1,OoO.oO No. .... The City of Phoenix, state of Ari- zona, for value received, promises to pay the bearer the sum of One Thou sand (s1000) Dollars in gold coin of the United States of America of the pres ent standard of weight and fineness, on the first day of January, 1850, with interest thereon at the rate of five (5) per cent per aEnum, payable semian- nually on the first days of January and July of each year, upon presenta- uon and surrender of the annexed coupons as they severally mature, both principal and interest being pay able at some bank in the City of New York, state of New York, Cor such place as may be agreed upon.
 This bond is one of series of thir- teen hundred bonds of like tenure and denomination, numbered from one to thirteen hundred inclusive, issued under and by yirture of the provisions of the constitution and laws of the state of Arizona and particularly of the provisions of Chapter Il, Title 52, Revised Statutes of Arizona, 1913, and of an ordinance of the city commission of the city of Phoenix, duly passed, approved and published. The issue hereof has been authorized at an elec- ton duly had and held in accordance with the provisions of said constitu- ton and of said laws, and also of said ordinance, at which election major ity of the property tax payers of said city, who were in all other respects qualified electors of said city, voting at said election. voted affirmatively for the issue hereof
 1t is hereby certified that every re- quirement of law as related to the is- sue hereof has been duly compiled with and that this bond and the debt created hereby is fully authorized and prescribed by law
 IN WITNESS WHEREOF, the said city of Phoenix has caused this bond to be signed by it's mayor and at tested by it's clerk, and the seal of said city to be hereto attached, and the said interest coupons to be signed by the facsimilie signatures of the said mayor and city clerk, this. ........ day of ............-,...., 1919. l .............
 Mayor. Attest:
 ......s...'.... ...........-..
 City Clerk
 (Form of Coupon)
 i On the first day of (January) (July) 19..... the city of Phoenix. state of i Arizona. will pay the bearer $25.00 in i gold coin of the United States of ] America. of the present standard oi weight and fineness, at the office Of i the city treasurer in the said city of Phoenix, Maricopa county, state of Ari- zona, Cor at such place as may be agreed upon by the mayer and pur- cnaser), for six months interest on its Water Works Bond No. .....
 .-................
 Mayor Attest:
 City Clerk
 The first coupons shall be for the l period intervening between the issu- ance of said bond and the date of Jan uary l, 1920. The remaining coupon, shall be for the full period of six months.
 Sec. 2. That it is hereby ordered that said bonds be sold to the highes; and best responsible bidder by the said city commission of the said city oi Phoenix on the 17th day of September 1919, at the hour of 10:00 o'clock a. m of said day, upon sealed proposals tc be received by said commission on oi before the hour and day set for said sale. All bids or proposals received for the purchase of said bonds shall bt accompanied by a certified check for g sum not less than five (5) per cent oi the total amount of said bid, and said city commission shall have the right to reject any and all bids and all sucf certified checks accompanying bids ano which are not accepted and are re. jected shall be returned to the parties rendering the same. The certified check so deposited by the successful bidder shall be retained by said city commission and shall be forfeited 1T the event that such bidder shall noi purchase said bonds at the price named by him in his said bid; provided, that H A 4 A Hl