Page:Acts of Arizona 1909.djvu/56

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Section 1.&emsp;That the Board of Supervisors of the County of Mohave be, and they are hereby authorized to issue and sell bonds of said County in the sum of $30,000, payable thirty years from the date of the issuance of said bonds at the office of the Treasurer of said County, in gold coin of the United States, and to bear interest at the rate of five per cent per annum, payable at the office of said Treasurer semi-annually on the 2nd day of January and July of each year in like gold coin of the United States.

Section 2.&emsp;Said bonds shall be of the denomination of $1,000 which shall bear the date of issuance, numbering consecutively from one upwards, and shall be signed by the Chairman of the Board of Supervisors in his official character and shall have the seal of the county affixed thereto. Said bonds shall be payable to the bearer, coupons for the interest shall be attached to each of said bonds so that the same may be removed therefrom without mutilating the bond, and each of said coupons shall be signed by said County Treasurer in his official character.

Section 3.&emsp;Before the sale of said bonds, the Board of Supervisors shall, at a regular meeting of said Board, or at a special meeting called for that purpose, cause to be entered upon the records of said Board, an order directing the sale of said bonds and the day and hour of said sale, and shall cause a copy