The Coconino sun., 1925-01-23

TALLY the following forms respective
ly, to-wit:
(Form of Bond)
UNITED STATES OF AMERICA
State of Arizona, County of Coconin
Town Of Flagstaff
No.............. $1,000
WATERWORKS EXTENSION
BOND
KNOW ALL MEN BY THESE
PRESENTS, That the Town of Flag
staff, of Coconino County, Arizona
acknowledges itself to owe and fol
value received hereby promises to pay
to the bearer hereof the principal sun
of
ONE THOUSAND DOLLARS
on the first day of January, A. D
ID, together with interest on saic
sum from the date hereof until paiC
at the rate of five and one-half pc
centum per annum, payable semi-an
nuallY on the first days of January
and July, respectively, in each year, a,
evidenced by and upon the presenta
ton and surrender of the interest
coupons hereto attached as the,
severally become due; and both tn
said principal and interest are hereb.
made payable in gold coin of tn
United States of America of or equa
to the present standard of weight ant
fineness at the Chase National Banl
in the City and State Of New York
U. S. A.
This bond is issued by said Town fol
The purpose of providing funds witt
which to extend and improve the
waterworks system now owned ant
operated by said Town, pursuant t,
the vote of majority of the propert,
tax payers of said Town, who in al
other respects are qualified elector
thereof, present and voting at az
election duly called and held for tina
purpose, prior to the issuance of thi.
bond; and under, by virtue of, and il.
all respects in full and strict com
pliance with the constitution anC
Chapter II of Title So, Revised
Statutes of Arizona, 1913, all law
amendatory thereof and supplement
tary thereto, and an ordinance of ths
council of said town duly adoptet
prior to the issuance of this bond
And it is hereby certified, recitet
and warranted that said Town has
been for some years past and is now
a body polite and corporate with tn,
general powers of corporation, duly
,rganized existing and operating as (
Town under and by virtue of the con
stitution and laws of the State of Ari
zona; and is now and always has beer
under the control of duly organized
town council as the duly constituted
corporate authority thereof; that al
things, acts and conditions required
by the constitution and laws of the
State of Arizona to exist and to hap
pen and be done and performed pre-
cedent to and in the issuance of this
bond, in order to constitute the same
the valid and binding obligation OF
said Town, do exist and have happen
ed and been done and performed in
regular and due form and time; that
the total indebtedness of said Town
including this bond, does not exceed
any constitutional or statutory limita
tion; and that due provision has been
made for the levy, assessment and col
lection of direct annual ad valorem
tax on all of the taxable property Of
said Town, in addition to all other
taxes, sufficient to pay the interest
accruing upon this bond promptly
when and as the same becomes due
and to establish sinking. fund with
which to discharge the principal
hereof at maturity
The faith, credit and all of the tax
able property of said Town are hereby
irrevocably pledged for the punctual
payment of the interest and redemp-
ton of the principal of this bond, re-
spectively, as the same become due
and are payable as aforesaid.
In Testimony Whereof, the Town of