The border vidette., 1920-01-10
Mo-. 2.

property of said city but not in excess of 152o of the value of said taxabIe property by issuing negotiable coupon bonds of said city in the amount of $32o,OOO for the purpose of acuuir1np iuHdS TOT the purpose of improving and extending the waterworks system in sad city, said waterworks system to be owned and controlled exclusively bv said City of Nogales; said bond issue to consist of 325 bonds numbered from to 525 both inclusive, in the denomi nation of $1,000 each, said bonds to be dated February 15, 1920, and to become que and payable as follows to-wit:
 $7,o00 on tho 18th day of Februarv Tn each of the years 1926 to 1880, both inclusive;
 S1o,oo0 on the 18th day of February III each of the years 1931 to 1885. both inclusive;
 $13,oo0 on the 18th day of February in each of the years 1896 to le4O. both inclusive;
 $15,Ooo on the 18th day of February in each of tho years 1941 to 1e45. both inclusive;
 
 in each of the years 1946 to 1850. botb inclusive.
 (b) Shall the Mayor and Board of Aldermen of the City of Nogales in santa Cruz County, Arizona, be author lzed to create an indebtedness for and on behalf of the City of Nogales and upon the credit thereof in excess of 4%O oof the value of the taxable prop- erty of said city but not in excess of 1870 Of the value of said taxable prop erty, by issuing negotiable coupon bonds of said city in the amount of $3o,ooO for the purpose of erecting and furnishing q combined city hall and fire department, to be owned and con -troiied exclusively by the said City of Nogales; said bond issue to consist of 90 bonds numbered from l to 30 both inclusive; in the denomination If $I,Oo0 each; said bonds to be dated the 18th day of February, 1920, and to become due and payable as follows, to. wit:
 $1,ooo OF the 18th day of February in each of the years 1921 to 1850, both inclusive.
 All of the bonds described in in, foregoing questions to be submitted at said election; that is, (a) and (b,. shall be payable to bearer and bear interest as evidenced by interest cou- Fons attached thereto at the rate of 5A%o per annum, payable semi-annu. ally on the 18th days of February and August in each year beginning August I5, 1920; both principal and interest to be payable in gold coin of the United States of America at the office of the Continental 6 Commercial National Bank in the City of Chicago, State of Illinois.
 THIRD: Such election shall be held in conformity with the provisions of the general election laws of the State of Arizona and by officers of election provided to be appointed by and who shall be qualified under such law.
 FOURTH: The questions so submitted shall be voted on at said election by electors qualified as aforesaid and said election shall be held at tho regular voting place within said city and tho following named persous are hereby designated, appointed and empowered to act as inspectors, judges and clerks of election for the purpose of conduct ing said election:
 Polling Place: City Hall.
 Inspector: Frank J. Duffy.
 Judge: w. F. Overton.
 Judge: J. J. Chatham.
 Clerk: R. B. Cunningham
 Clerk: 1T. R. Renshaw.
 FIFTH: The polls shall be open at O clock A. M. on the day of said eIec- ton and shall remain open until and be closed at clock P. NJ on said date.
 SIXTH: Such election shall be by ballot; the ballot shall be printed with black ink on white paper of sufficient thickness to prevent the printing there- on from being discerniblo from tho back. The ballot shall be marked |" OFFICIAL BALLOT' in heavy faced, plain letters not smaller than long primer nor larger than great. primer type, with q heavy ruled line above and below the same. Tine ballots for said election shall be provided by the Mayor and Board of Aldermen of said city snd shall be in substantially the following form, to-wit: h. |,