The Holbrook news., 1922-07-07
NOTICE AND ORDER FOR THE ISSUE AND SALE OF $lI,750.OO SCHOOL BONDS or SCHOOL DISFRlCT No. 6, OF NAVAJO COUNTY, STATE OF ARIZONA.

| WHEREAS, in accordance with an order o1 tne Board of Supervisors or Navajo County, state oI AriZona, inaue anu entered or record on the lnird uay of ApfIl, A. Ii. 1922, q i ocnool bond Election was duly cal ieu to be held on Saturday, the 2Utn | day OI May, 4. ID. 1922, 10 determine | whether or not the said School DIs- l tricJ No. tIayiorJ of Navajo Coun ty, should incur an indebtedness of }II, ,I5O.UU aud issue it's Bonds in sad sum therefore, for the purpose or purchasing proper school site, erecting a scnool house and furnish ing and equlpping the same; and MHkREAS, the returns of the said School Bond Election have been made to and duly canvassed by the Board of Supervisors of the said county or Navajo, and the result thereof declared and duly certified to, and which Certificate has been duly filed in the office Of the County Recorder of Navajo County in the form and manner required by Sec ton 5270 and 527l of the revised Statutes of Arizona, 1913: and the Board of Supervisors has hereto adopted a resolution declaring the result and validity Of said election and that said Board of Supervisors of Navajo County had been duly authorized and empowered by more than a majority Of the proper tax payers of said School District No. (Taylor), of Navajo County, and in all other respects qualified cleo tors of the said School District No. (Taylor), County of Navajo, vot- ing at an Election held in the said School District No. 6 (TaylOr), to create an indebtedness of $11, ,750.00, and to sell Bonds in the said sum Of S11.750.00, said sum being less than six per centum of the value of the taxable property of the said School District No. 6 (Taylor), as ascertained by the last proceeding assessment for State and County pur poses, for the purpose of purchas- ing a proper school site, erecting school house and furnishing and equipping the same;
 NOW, THEREFORE, by reason of the Premises, it is ordered by the LII luc SOuAty of Navajo, as follows:
 Section l. That public Notice is hereby given that the Board of Sup ervisors of Navajo County, Arizona, has been authorized to order and does hereby order and direct the sale of the following described Bonds of the said School District No 6 Cray lor), Navajo County, to-wit: Bonds in the aggregate principal sum of S11, ,150.00. comprised of twelve Bonds numbered from one O to twelve (12). Numbers one to II being in the denomination of S1,00000 each and number 12 being in the denomi- nation of s750.00, dated July 1st, 1922, and absolutely redeemable in twenty years from date, bearing in terest at the rate of per cent per annum, payable semi-annually on the lst day of January and the 1st day of July, but reserving to the said School District No. 6 (Taylor), the right to redeem the said Bonds at any time after seven years from date of issue.
 Section ?. That sealed proposals vhil be received by said Board Of Supervisors of the said County of Navajo for the purchase Of said Bonds on the Eth day of August, 1922, at inc hour of 10 00 o'clock a m., at the office of the Board of Supervis- DTS, Of Navajo County, in the Court House, al Holbr0ok, in the County T Navajo, Arizona, and at said time and place a meeting of the said Board Of Supervisors will be held. 1t which meeting said Board of Sup ervisors will open all sealed pro posals received by it, and award the purchase of said Bonds to the high sst and hest responsible bidder. All bids or proposals received for the purchase of said Bonds must be ac- cohpanied by an unconditional, cer- tiied check drawn on a National 10 the County Treasurer of Navajo County, Arizona, which certified check so deposited by the success Iul bidder shall be retained by the said Board of Supervisors and be | forfeited in the event the bidder shall not carry out the terms of the contract for the purchase of the Bonds. All checks from bidders other than the successful bidders, | bt them after the said sale. No bid will be accepted for less than par and &C., | crued interest. The Board of Sup ervisors reserves right to reject any and all bids.
 Section 3. That this order shall be published for at least five f5) consecutive weekly issues before the date of said sale in the "Hol- brook News, thN official paper of | Navajo County, Arizona, and shall have as' the caption therefor, the following:
 Notice and Order for the Issue and Sale of S11,750.00 School Bonds of School District No. 6 (Taylor) of Navajo County, Arizona.
 By order of the Board of Super visors Of Navajo County, Arizona, made this 9th day Of June, A. D. 1922.
 B. E. OWENS,
 Chairman of the Board of Super
 visors, Navajo County, Arizona ATTEST:
 M TANNED