The Ontario Argus. (Ontario, Or.) 1???-1947, 1920-09-23
NOTICE OF BOND ELECTION
and
STATE GUARANTY OF INTEREST
ELECTION.

Notice In Hereby given that on the
9TH day OF September. 1920, the
Board OF Directors OF Slide Irriga-
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 IL deterhln-
ed by said Board that II II necessary,
and for the best interest OF the said
district, and the only means whereby
the project as outlined and 80 ap-
proved may be financed. that the said
district isBue, negotiate and sell, for
the purpose OF defraying tho 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. It's negotiable coupon
bonds in the sum OF ONE HUNDRED
TEN THOUSAND DOLLARS (S1lO,-
000.00). maturing seplally In annual
amounts approximately equal, prin-
cipal and interest. In not less than
ten years nor more than twenty years
after date, interest payable scmi-an-
nually at not TO exceed six per cen
ution calls for an election 10 be held
district, at Lincoln School House,
School District No. 20 commencing ut
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 llth day OF
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 is further given that a reso-
luton was duly passed and adopted
at the above referred TO meeting OF
said Board OF Directors, whereby II
Is determined that II is for the best
interest OF the said district that re-
quest be made for a guaranty OF in
terest on said bonds for a period OF
the first Two (2) years, by the State
OF Oregon. and that at said cleo
tion above referred TO that the ques-
tion OF authorizing the Board OF Dir
ectors OF said district 20 do and per
form all acts and things necessary
and by law required In procuring the
said guaranty OF interest on said
bonds for said period, be also sub
mitted to the qualified electors OF the
district, and that pursuant thereto,
the said question will at said election
be so submitted TO the qualified cleo
tors for determination;
All files, minutes, plans and speoi-
fications 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 is further given that as an
election board for said election, !
Yant, Mrs. w. ID. Patch, and l.. l..
lCulbertson we're by said resolution
appointed. and that said election will
at said time and place be held. and
the questions so submitted TO a vote
OF all qualified electors OF said dis
trict.
Dated this September 7th, 1920.
|. YANT,
Secretary Slide Irrigation District.
First Publication. September 3. 1920
Last Publication, October Z. 1920.