Imperial Valley press. (El Centro, Calif.) 1907-current, 1927-06-30
LEGAL ADVERTISING

ed, so submitted at such election,
receives the requisite number of
votes, to-wit, two-thirds of the
votes of the qualified voters voting
at such election, bonds Of said City
in the amount of Fifty Thousand
$50, 100000 Dollars shall be issued
and sold for the purpose Of ac
curing said rights ofway necessary
for acquiring, constructing and com
pleting said municipal improve
ment mentioned in said proposit-
ion. Said bonds shall bear interest
at rate not exceeding six per
centum (6%) per annum, payable
semiannualiy and the principal
and interest thereof shall be pay
able in lawful money Of the United
States of America. One Goth part of
the principal Of said bonds shall be
paid each year at the office Of the
City Treasurer of the City of FL
Centre, in said City. in the County
Of Imperial, State of California, on
4 date to be hereafter fixed in said
bonds, until the whole principal
has been paid: that the interest on
said bonds shall be paid semfan-
nually at the same place, 5ne of
such semi-annual payments in each
wear being made at the date Of
the payment of the annual install
lment of the principal of such in
debtedness as aforesaid: said in
debtedness shall be evidenced by
bonds and proper coupons attached
thereto. separate coupons being at
tachod to each bond for each Semi
annual payment of interest to be
come due on said bonds and such
bonds shall be issued in such demon
nations or denomination az the
Board Of Trustees Of said CITY
shah determine in accordance with
law: said bonds shall be signed by
the president of the Board of
Trustees of said City. and also bv
the Treasurer Of said City and shall
be counter signed by the City Clerk
Of said City. The coupons of said
bonds shall be numbered consecuti-
velv and signed bv the Treasurer.
SECTION VI. That for the pur-
| DOSE of paying the principal and in
tercst of said bonds the Board of
Trustees of said City shall, at the
time of fixing the general tax levy.
and in the manner for such general
tax levy provided. lew and collect
annually each year. until said bonds
are paid. or until there shall be q
F! sum in the treasury Of said City
So apart for that purpose to meet
all sums coming due for principal
! and interest on such bonds. a tax
| sufficient to pay the annual interest
on such bonds. and also such part
| Of the principal thereof as shall be-
come due before the time for fixing
the next general tax levy. Said tax
shall be in addition to all other
taxes levied for municipal purposes
and shall be collected at the same
time and in the same manner as
other municipal taxes are collected
a~d be used for no other purpose
han the payment Of said bonds and
| accruing interest.
SECTION VII. That the proposed
indebtedness Of Fifty Thousand
900, O00.00) Dollars. together with
all outstanding Indebtedness here
tofore incurred by said City for
municipal improvements, and al
Indebtedness proposed by this or
| dinance to be incurred, will not in
the aggregate exceed fifteen pei
| cent $50 of the assessed value
of all real and personal property of
said CITY of Ell Centre.
SECTION VIII. The polls of sail
| election shall be opened at !
o clock A. NJ. of the day of sal,
| election, and shall be kept open
until 6 o 'clock p. NJ. of the same
| day. when the polls shall be closed
hour of closing there are any Othet
voters in the polling place or in
line at the door who are qualified
to vote and have not been able to
do SO since appearing, the polls
shall be kent open n sufficient time
to enable them to vote.
SECTION TX. The ballots to be
used at said election shall be printe |
in the following form:
No.
INSTRUCTIONS TO VOTERS
To vote on any question or PROPOSE
ton, stamp cross (X) in the vot-
ing square after the word eyes
or after the word "No'. All marks
except the cross (X) are forbidden
and make the ballot void.
If you wrongly stamp, tear or
defaee this ballot. return it to the
inspector of election, and obtain
anothar