The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1923-03-16
NOTICE OF BOND ELECTION.

Notice is hereby given that, on Satur-
day, the Slst day Of March; 1928 a spec.
al bond election will be held in the West
Okanogan Valley Irrigation District stu
ated in Okanogan County, State or wash
ington, at which election there Will be
submitted to the qualified electors OF SAID
serial bonds of said district in the amount
of Nine Hundred Thousand ($90O.OoOl
Dollars. and of the maturlties and for the
purposes determined by the board of di-
rectors of said district, shall be issued.
The said board of directors has estimated
and by resolution determined that 1t is
necessary and expedient and for the best
interests of the district, to issue serial
bonds of the district in the above amount,
and of the maturities hereinafter stated
for the following purposes:
l. Five Hundred Forty-four Thousand
($544 ,000) Dollars in amount thereon, par
value. to be exchanged for S544.OO0 Dollars
in amount, par value. of the outstanding
bonds of the first issue of the district;
2 One Hundred Thirty-two Thousand
($132 ,000) Dollars in amount, par value, to
be exchanged for 1882. 900 in amount, par
second issue, and the unissued bonds of
said second issue in the amount of Three
Hundred Eighteen Thousand Five. Hun
bred ($31S, 5000 Dollars, par value, shall be
cancelled and nullified upon and by the
authorization of the said proposed issue;
3. The remainder of said proposed issue
Of bonds being Two Hundred twenty
four Thousand ($224,00Ol Dollars In
amount, par value. shall be issued and
sold for the purpose of the reconstruction
and betterment of the irrigation system
and canals of the district, and the ex-
penses incident thereto.
The said board of directors has also de-
termined that the bonds of said proposed
issue shall be In denominations OF one
Thousand Isl .000) Dollars each, and shall
mature from date of said proposed issue
| and in series as follows:
Ten G0) bonds shall mature ten years
after date thereof and shall constitute the
/ first series.
Ten G0) bonds shall mature clever
years after date thereof and shall con-
| stitute the Second Series;
Ten Q0) bonds shall mature twelve
wears after date thereof and shall consti
tute the Third Series; ,
Ten qo) bonds shall mature thirteer
years after date thereof and shall consti
tute the Fourth Series;
Ten GO) bonds shall mature fourteei
years after date thereof and shall consti
tute the Fifth Series;
twenty-five 1922 bonds shall matur
fifteen years after date thereof and shal
constitute the Sixth Series;
sixteen years after date thereof and shsl
constitute the Seventh Series;
Twenty-four (2D bonds shall matur
years ~, after sb gate thereot an
Twenty-Five (25) bonds shall matur
eighteen years after date thereof an
shall constitute the he Ninth Series; x
nineteen years after date thereof and sha
constitute the Tenth Series;
, Twenty eight (2S) bonds shall matur
twenty years after date thereof and sha
constitute the Eleventh Series;
Thirty 800 bonds shall mature twenty
ne years after date thereof and shall cor
stitute the Twelfth Series:
Thirty-two 1922 bonds shall matui
, twenty-five years after date thereof an
. shall constitute the Thirteenth Series;
Thirty-four (34) bonds shall matui
I twenty three years after date thereof an
shall constitute the Fourteenth Series;
Thirty-six 1850 bonds shall matul