The Wrangell sentinel., 1950-03-24

NOTICE IS HEREBY GIVEN TO
 THE QUALIFIED ELECTORS OF
 THE TOWN OF WRANGELL,
 ALASKA:
 That pursuant to the Act of Con- gress of May 2S, 1886, as amended June IA, 1947 GAS USCA 44a-44e) authorizing municipal corporations in Alaska to construct, improve, ex. tend, better, repair, reconstruct, or acquire public works of a perma- nent character, and to incur bonded indebtedness and issue general ob- 1igation bonds for any or all of such purposes to an amount which, including existing bonded indebt- edness shall not exceed 10 per cent um of the aggregate taxable value of the real and personal property within the corporate limits of such municipal corporations; and pur- suant to the Resolution of the City of Wrangell, Alaska, entitled
 "A RESOLUTION. ordering a special election within the Town of Wrangell, Alaska, for the pur- pose of submitting to the qualified voters of the Town a proposal to cancel the $85,00O.O0 bonded in debtedness authorized at the cleo tion held April 6, 1948, and in lieu thereof under the provisions of the Act of Congress of May 2S. 1936, as amended June 14, 1897 GAS USCA 44a-44e) to incur a bonded indebtedness in the sum of $150,- OsO.00, and to issue and sell the Towns general obligation bonds in that sum, or otherwise use, pledge or deliver such bonds to the Com munity Facilities Services or other agency of the federal government as may be required under the pro- visions of the Alaska Public Works Act, in order to secure the proposed S150,O00.00 purchase price of ad- ditions, improvements and exteu- sions to the Towns public school buildings to be constructed under the provisions of the said Alaska Public Works Act at an estimated cost of 300,000.00; and for other purposes"
 passed and approved by the Com mon Council of the Town of Wran- gell, Alaska, a municipal corpora tion, at its session duly held on the 9th day of March, 1850, a SPECIAL ELECTION WILL BE- HELD in the said Town of Wran- gell, Alaska, on the 11th day of April, 1850, between the hours of e o'clock A. NJ. and o'clock P. M. of said day, at which election all qualified electors of the Town, as hereinafter specified. are invited to vote on the following proposal, to- wit:
 PROPOSAL: Shall the Town of Wrangell cancel the $S5, 100000 bonded indebtedness heretofore au- thorized at the election held April 6, 194S, and in lieu thereof incur bonded indebtedness in the sum of $150.000.0O, and issue and sell it's general obligation bonds in that sum, or otherwise use, pledge or deliver said bonds to the Commu- nityh Facilities Services or other agency of the federal government as may be required under the pro- visions of the Alaska Public Works Act. in order to secure the proposed $150,000.00 purchase price of ad- ditions, improvements and exte1- sions to the Towns public school buildings . to be constructed under the provisions of the said Alaska Public Works Act at an estimated cost Of $300.0OO.00?
 That the entire area embraced within the corporate limits of said Town of Wrangeli shall constitute one voting precinct; and that the voting place therein shall be in that certain building at Wrangell, Alaska. known as and called tht City Hall.
 That all qualified electors of the Town of Wrangell, Alaska, whose names appear on the last tax-as- sessments roll or record of the Town of Wrangell for purposes of municipal taxation, and who shall register their names and qualifica- tions for voting at such election with the municipal clerk of the Town on or before the said day of election, shall be qualified to vote at said special election for or against the aforesaid proposal.
 Dated: Wrangell, Alaska, the