The Coolidge examiner., 1936-09-18
NOTICE OF SPECIAL ELECTION

| To BE HELD ON SEP ELM bEi'
21, 1886. FOR THE PURPOSE OF
SUBMITTING TO THE QUALIFI
ED ELECTORS OF THE SAN
CARLOS IRRIGATION AND DRAI
MAGE DISTRICT THE QUESTION
OF WHETHER OR NOT THE PRO
POSED CONSTRUCTION LOAN
CONTRACT BETWEEN THE SAN
CARLOS IRRIGATION AND DRAI
MAGE DISTRICT AND THE UNIT
ED STATES OF AMERICA, ACT
ING THROUGH THE ADMINS
TRAITOR OF THE RURAL ELEC
TRIFICATION ADMINISTRATION
AND THE ISSUANCE OF A BONE
THEREUNDER, SHALL BE AP
| PROVED.
Public notice is hereby given that
the San Carlos Irrigation and Drai
mage District, by it's Board Of Di
rectors, proposes to enter into a
construction loan contract with the
United States of America, acting
through the Administrator of the
Rural Electrification Administra
ton, for a loan to the San Carlos
I Irrigation and Drainage District, for
the purpose of securing funds to
finance the construction of electric
transmission and distribution lines
by the District. A copy of such pro
posed contract is available for in
spection by any qualified elector OF
the San Carlos Irrigation and Drain
age District at the office of the Dis
trict at Florence, Arizona. The
maximum amount of money thai
may be advanced to the San Carlos
Irrigation and Drainage District by
the United States of America, act
ing through the Administrator OF
the Rural Electrification Admins
tration, pursuant to such contract
is the sum of $145,000. Said loan
will be evidenced by bond issued
by the District i'll the principal
amount of One Hundred Forty-five
Thousand Dollars ($145,000.) with
interest on the principal amount
thereof from time to time remain
ing unpaid at the rate of 277 pei
centum per annum payable semi
annually. Commencing with a date
eighteen 1S) months after the date
of the bond there shall become due
on each semi-annual interest pay
ment date payment on account oi
principal in an amount which, to
gether with the payment of interst
due on such date, shall equal $34
02315 per One Thousand Dollars
($1, ,000.) of the principal amount OF
the bond remaining unpaid eighteen
(1S) months after it's date. Twenty
(20) years after it's date the prin-
cipal amount of the bond remain
ing unpaid, if any, shall become due
and payable.
A special election has been call
ed for and will be held in the San
Carlos Irrigation and Drainage Dis
trict on the 21st day of September
1886, for the purpose of submitting
to the qualified electors of the Dis
trict the question of whether or not
the said proposed contract and the
issuance of said bond Hereunder
shall be approved.
The polling place in Division No
one OF the San Carlos Irrigation and
Drainage District for said special
election shall be at the dwelling
house situated on what is common.
ly known as the MCGEE Place." the
same being distance of approxi
mately one-fouth mile in a westerly
direction from the Town of Flor
ence, County of Pinal, State of Ari
zona, and located in the Northeast
Quarter (NEA) of Section Two
(2), Township Five 60 South
Range Nine CO. East, G. & S. r. b
and M, Pinal County, Arizona.
The polling place in Division No
Two Of the San Carlos Irrigation
and Drainage District for said
special election shall be at Carl
Fishers Garage situated in the
East Half of the Southeast Quarter
(E1a SH14) of Section Twenty-one
CID, Township Five 60 South
Range Eight (S) East, G. & S. r.
B. & NJ, Pinal County, Arizona, the
same being a distance of approx.
mately one-half mile in a westerly
direction from the Town of Coo
lidge, County of Pinal, State of Ari.
Zona.
The polling place in Division No.
Three of the San Carlos Irrigation
and Drainage District for said
special election shall be at the
garage building situated near the
residence of Paul Brophy, common.
ly known as the "Brophy Place"
said garage building and residence
being a distance of approximately
one mile in a westerly direction
from the City of Casa Grande, Pinal
County, State of Arizona, and lOcat-