The Ontario Argus. (Ontario, Or.) 1???-1947, 1920-09-16
NOTICE OF BOND ELECTION
and
STATE GUARANTY OF INTEREST
ELECTION.

Notice Is hereby given that on the
9TH day of September, 1920, the
Board of Directors of Slide lrriga-
tion District, did pass and adopt "A
resolution, after the approval Of the
State Engineer of the State of Ore
gon first had, whereby II Is determin-
ed by said Board that IL is necessary,
and for the best interest of the said
district, and the only means whereby
the project as outlined and 30 APP
proved may be financed, that the said
district Issue, negotiate and sell, for
the purpose of defraying the neces-
sary expenses OF organization OF said
district, construction of works and
system, and maintenance and opera
tion OF same, or any one or more of
said purposes, its negotiable coupon
bonds I'm the sum OF ONE HUNDRED
TEN THOUSAND DOLLARS (St10,-
.000.00). maturing serinlly In annual
amounts approximately equal, prin-
cipal and interest, In not less than
ten years nor more than twenty years
after date. interest Rayable semi-an-
nually at not to exceed six per CEN
tum per annum, and that said resOl-
ution calls for an election to be held
and which will he held within said
district. at Lincoln School House.
School District No. 20 commencing at
the hour OF $500 o'clock In the fore
noon and continuing until and clos
ing at the hour OF $500 o'clock In
the afternoon, on the 1ith day ot
October. 1920, at which said election
will be submitted to the qualified
electors OF said district the question
of whether or not the said negotiable
coupon bonds OF said district IN said
sum for the said purposes, or any or
all of the said purposes shall be
authorized, negotiated. and sold, and
at which said election the said quail
flied electors shall be required To
cast ballots containing the words
Bonds Yes" or "Bonds-No" or
words equivalent thereto. and
Notice In further given that reso-
luton was duly passed and adopted
at tho above referred TO meeting of
said Board OF Directors. whereby Il
is determined that Il IN for tho best
interest OF the said district that re-
quest be made for a guaranty OF In
terest on said bonds for period OF
the first Two (2) years. by the State
OF Oregon. and that at said elec-
ton above referred 10 that the ques-
tlon OF authorizing the Board OF Dir
cctors OF said district TO do and per-
form all acts and things necessary
and by law required IN procuring tho
said guaranty OF intereat on said
bonds for said period. be also sub
mitted TO the qualified electors OF the
and that pursuant thereto,
the said question will ut said election
be 40 submitted TO the qualified olcc-
tors for determination:
All files. minutes, plans aud spoci-
floatlons and approyals are now no
file. and open 10 inspection at the
home OF w. ID. Patch. the place OF
business for said Board OF Directors
Notice IN further given that as an
election board for said election. |
Yant. Mrs. w. ID. Patch. and l.. l..
were by said resolution
appointed. and that said election will
it said time and place be held, aud
he questions so submitted TO a vote
" all qualified electors OF said dis
rlot.
Dated this September 9Th. 1920,
l. YANT.
Secretary Slide Irrigation District.
First Publication, September 0. 1920
last Publication, October 7. 1920.