The Winslow mail., 1922-08-04
BE IT ORDAINED BY THE
MAYOR AND COMMON COUN-
GIL OF THE TOWN OF WINS
LOW:

CIh Vt LIE 1OWN OF WIND
LOW:
Sec. 1. The public interest demands
that The City Gas Plant, owned, con-
trolled and operated by the Town of
Winslow, be overhauled and improved,
and that the gas mains be extended
to adequately supply the inhabitants
of the Town of Winslow with gas for
lighting and heating purposes; to
provide funds for the overhauling ana
improvement Of the plant and the ex-
tension of the gas mains, it is nee
essary that an issue of bonds of the
Town of Winslow be made with assent
of a majority of the property tax
payers of said Town, who are in all
other respects qualified electors of
said Town as by law provided.
Sec. 2. That with the assent of said
property taxpayers as hereinafter
provided !, bonds of the Town of Wins
low shall he issued in the aggregate
sum of Twelve Thousand ($12,0OO)
Dollars, and the proceeds of the sale
thereof shall be used for the purpose
of extending gas mains and overhaul
to adequately supply the said Town
with gas for the purpose of light and
heat; that said bonds shall bear date
of their issuance and be due and pay
able four (4) of said bonds ten (10)
years after date; four (4) of said
bonds shall be due and payable fif-
teen (15) years after date and four
(4) of said bonds shall be due and
payable twenty (20) years after date
They shall be in denomination of One
Thousand ($1,O0O) Dollars each and
shall bear interest at the rate of go
per annum, payable ssemi-annually
the first days Of July and January
respectively of each year; said bonds
shall be numbered consecutively from
one % to twelve (12) inclusive, and
shall be signed and attested by the
Mayor and Town Clerk; said bonds
shall be payable to bearer and cou-
pons for the interest shall be attach
ed to each of said bonds, SO That same
may be removed without mutiliating
said bonds, and each of said coupons
shall bear a fac-simile of the sigma
lures of the Mayor and Town Clerk
as said signatures appear on said
bonds.
Sec. 3. That special election is
hereby ordered to be held in said
Town of Winslow, State of Arizona,
on the End day of September, 1922
for the purpose of submitting to the
property taxpayers of said Town, who
shall in all other respects be quail
fled electors in and for said Town,
the question of whether the indeb ed
ness of said Town shall be incurred
by the issuance of said bonds in the
sum of Twelve Thousand (S1200O)
Dollars, which said sum is not in ex-
cess Of four per cent of the taxable
property in said Town, the proceeds
thereof to be used as aforesaid for
the purpose of extending gas mains,
overhauling and improving The City
Gas Plant to adequately supply the
Town with gas for the purpose of
light and heat, and said plant being
owned, operated and controlled by
said Town.
Sec. A.. Said special election shall
be held at the regular voting place
within the Town of Winslow, to-wit:
The City Hall, and shall be conducted
by such election officers as shall here
matter be appointed by resolution of
the Common Council of said Town of
Winslow, and shall be conducted in
the manner prescribed by law, and
the vote shall be counted, canvassed
and returned, and the result ascer-
tanned as provided by law. The form
of the proposition so to be submitted
shall be as follows:
Shall the indebtedness of the said
Town of Winslow be incurred by the
issuance of bonds of said Town of
Winslow, the proceeds of the sale
thereof to be used for the purpose of
extending gas mains, and overhauling
and improving The City Gas Plant to
adequately supply the inhabitants of
the Town of Winslow with gas for the
purpose of light and heat, which said
plant is now owned, operated and con-
trolled by said Town; said bonds shall
be in the aggregate sum of Twelve
Thousand ($12,OO0) Dollars, to be of
denominations of One Thousand
($1,000) Dollars each, and shall be
due and payable four (4) of said
bonds ten years after date; four (4)
of said bonds shall be due and pay
able fifteen (15) years after date;
and four az of said bonds shall be
due and payable twenty (20) years
after date; to bear date of their is
suance and to bear interest from the
date of their issuance until paid, at
the rate of six per cent per annum,
payable semi monthly, the first days
of July and January respectively,
each year, to be numbered consecu.,
lively from one to twelve inclusive,
to be signed and attested by the
Mayor and Town Clerk; to be pay