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About The Madras pioneer. (Madras, Crook County, Or.) 1904-current | View Entire Issue (Oct. 5, 1911)
-Finance no. 31 ,1nfincd submitting to the A" ectors of Madras, 0"' .",,. Jon of issuing Municipal coupon bonds nt 1 1. . Airv 111 n t n Till ""Tnf $10,000, no rj for the ri' of constructing and SSlnlng a system of water Ih for the supply of the S and the inhabitants there S with water, and calling an election to vote u.c.cuu. I Re it ordained by the common ! council of city of Madras, as !fsSnl. That a special elec 1 tion be and the same is hereby i red and called to- be held at 1 Lrv Key Building, m the city oTMadras, on Monday the 20th day of November, A. D. 1911, commencing at one o'clock p.m. and continuing until eight o clock m of said day, for the pur pose of taking the vote of the Qualified electors of said city of Madras upon the following ques tion, which is hereby submitted to said qualified electors for their determination at said election: Shall tho city of Madras, in tho .tateof Oregon, issue it nogoti ble coupon bonds in tho aggregate amount of $10,000, and In audi lorm M the council may prescribe, for the purpose of constructing and maintaining u system of water works for the supply of the c ty and the inhabitants thereof with water? Section 2. No person shall be qualified to vote at said election who does not possess the quali fications of a legal voter in the state of Oregon. All of said qualified electors shall vote by ballot, and the ballots to be used in voting upon the question aboye submitted shall be prepared and furnished by the city recorder to to the judges and clerks of elec tion, to be by them furnished to the voters, and shall be in the following printed form: SPECIAL MUNICIPAL BOND ELECTION, November 20th, 1911. Dill of Madras State of Oregon OFFICIAL BALLOT. Question submitted: Shall the city of Madras, in the state of Oregon, issue its ne gotiable coupon bonds in the aggregate amount of $10,000, and in such form as the coun cil may prescribe, for the pur pose of constructing and main taining a system of waterworks for the supply of the city and the inhabitants thereof with water? For the Bonds Against the Bonds Each elector shall prepare his ballot, indicating his answer to the question submitted by plac ing a cross (X) opposite the group of words on his ballot which expresses his choice, and shall then deposit his ballot in the ballot box provided for such purpose. Section 3. The recorder of the city of Madras shall give ten days' notice of such special elec tion by publication in the Madras P'oneer, a newspaper of the city of Madras, and by posting a notice of such election in three or more public places within the ty of Madras, one of which Miall be the voting place, which notice, to be published and post ed as aforesaid, shall be in the following form: S 0F FECIAL WATER BOND ELECTION, TO BE HELD IN THE CITY OP MADRAS, ON THE 20th DAY p November, a. d. 1911. N a,nt t0 law and ordinance Z ? thocity of Madras, in he state of Oregon, public notice hereby gven that a a, K v n W be he,d at the Harry J ras, Oregon, on Monday, the 1 of November, A. D. ". commencingat one o'clock ScK contjnuing until eight n Z p'?' of eaid 'or tho Ma ? electora of aid city of ti0n; 8 UPn tho follwing ques- form ns tho council rnny proscribe, for the purnoBo of constructing mid maintaining a system of water works for the supply of the city mid tho inhabitants thereof with wnter? " No person shall be qualified to vote at said election who does not possess tho qualifications of a legal voter in the state of Ore gon. Official ballots to be used in voting upon the question above submitted will be furnished to the voters by the judges and clerks of election, to be deposited by the voters in a ballot box which will be provided for that purpose. Dated at Jvladras, Oregon, this Ipth day of November, A.D. 1911. J. H. Jackson, Recorder. Section 4. The following dis interested persons, having the qualifications required by law, are hereby appointed to act as judges and clerks of said election: Judges: Lewis H. Irving, B. Randolph, John McTaggart. Clerks: Ray L. Jackson, P. T. Atkins. Section 5. The said special election shall be held and con ducted and the returns thereof made and the result thereof can vassed in all respects as nearly as may be in the manner pre scribed by the charter of the city of Madras in cases of elections for municipal officers. Section 6. In case the issuance of said bonds shall be approved by said electors, then by virtue of and in pursuance of sections 76 and 87 of the charter of the city of Madras, there shall be issued the negotiable coupon bonds of the city in the aggregate amount of $10,000, for the purpose of constructing and maintaining a system of waterworks for the supply of the city and the inhab itants thereof with water; said bonds shall bear date the 12th day of December, A. D. 1911; shall be redeemable at the op tion of the city at any time after the expiration of ten years from the date thereof, and shall be absolutely due and payable at the expiration of twenty years from the date thereof. Said bonds shall consist of ten bonds, of the denomination of one thous and dollars each, numbered con secutively from one to ten, in clusive; both principle and in terest shall be payable at the office of the city treasurer in Madras, Oregon, or at the bank ing house of Kountze Brothers, in the city of New York, U. S. A., at the option of the holder. Said bonds shall bear interest at the rate of six per centum per annum, payable semi-annually on the 12th day of June and the 12th day of December in each year, and said interest shall be represented by forty coupons at tached to said bonds, each coupon representing a half yearly pay ment of interest on the bond to which it is attached; said bonds to be signed by the mayor, at tested by the recorderand coun tersigned by the treasurer, and shall bear the seal of the city, and the coupons "thereto attached shall bear the original or en graved fac-simile signature of the city treasurer. Section 7. Tho said bonds and coupons shall be in substantially the following form, towit: (form of bond) UNITED STATES OF AMERICA State of Oregon County of Crook CITY OF MADRAS WATRR BOND No $1000.00 The city of Madras, in the county of Crook and state of Oregon, for value received, here by acknowledges itself to be in debted and hereby promises to pay to bearer the sum of one thousand dollars in lawful money of the United States of America, on the 12th day of December, A. D., 1931, reserving the right, however, to pay this bond at any time after the 12th day of Dec ember, A. D., 1921, with interest thereon at tho rate of six per centum per annum, payable semi annually on the 12th day of June and tho 12th day of December of each year upon the presentation and surrender of this bond and the annexed coupons as they sev erally become due, both principal and interest being payable at the office of the city treasurer in Madras, Oregon, or at the bank ing house of Kountze Brothers, in the city of New York, U.S.A., at the option of the holder. This bond is issued for the pjr pose of constructing and main taining a system of waterworks for the supply of the city and the inhabitants thereof with water, by virtue of and in full conformitv with the constitution and laws of the state of Oregon, the charter of the city of Madras, and an ordinance of said city, duly adopted and made a law thereof, prior to the issue of this bond, and under the authority of a yote of the qualified electors of said city at an election duly call ed and legally held in said city prior to the issuance of this bond, at which election the issuance of this bond received an affirmative majority of all the legal votes cast at such election. It is hereby certified that all requirements of law have been fully complied with by the pro per officers of said city in the is suing of this bond; that the total debt of said city including that of this bond, does not ex ceed any limit of indebtedness prescribed by the constitution or laws of the state of Oregon or the charter and ordinances of the city of Madras; and that provi sion has been made in full con formity with law for the levying and collection of an annual tax sufficient to pay the interest on this bond and also the principal thereof when they become due. The faith and credit of the city of Madras are hereby pledged for the punctual payment of the principal and interest of this bond. In testimony whereof, the com mon council of the city of Mad ras has caused this bond to be signed by the mayor of said city, attested by the recorder thereof and countersigned by the city treasurer, and the seal of said city affixed, as of the 12th day of December, A.D., 1911. Mayor Attest: Recorder Countersigned: Treasurer (form of coupon) No $30.00 On the 12th day of June, A.D. 1912, the city of Madras, in the state of Oregon, will pay to the bearer thirty dollars in lawful money of the United States of America at the office of the city treasurer or at the banking house of Kountze Brothers, in the city of New York, U.S.A., at the op tion of the holder, being interest then due on its negotiable cou pon bond dated the 12th day of December, A.D. 1911. No (Fac-simile signature.) CITY TREASURER Section 8. In case the issu suance of said bonds shall be ap proved by said electors, said bonds shall be issued and dis posed of by the common council of said city according to law and the charter of said city, and the funds raised thereby shall be ap plied solely to the purpose for which said bonds are issued, but the purchaser of said bonds shall not in any manner be responsible for the application or disposal by said city or any of its officers of any of the funds derived from the sale thereof. Section 9. In case said bonds are issued as aforesaid, in such event, and if said city shall have completed tho construction of such waterworks, the same sha.l be operated and managed by the city, and all water taxes, rates and rents for water furnished and used therefrom shall be di rectly collected by the city in such manner ns shall be provided by ordinance, and the proceeds of said taxes, rates and rents, together with all income there from, including the plumbing and tapping of mains and laying and connecting supply pipes thereto, shall be used to defray the running expenses of such waterworks and to keep the same in repair; and the balance of said income from said waterworks, shall constitute a fund to pay the principal and interest of said bonds; and after the construc tion of - said waterworks, the tapping of mains thereof for the purpose of attaching supply pipes thereto and the laying of such supply pipes, digging of trenches therefor from the main to the sidewalk, and placing stops therein whenever the same shall be required, shall be done only by the employes of the city engaged for that purpose; and the proceeds thereof shall be treated as income from said waterworks and devoted to the interest and redemption funds as hereinbefore provided; and no contract shall be made with, or permission given, any persoi. or company or corporation, to tap said mains or lay said supply pipes or to run or operate said waterworks otherwise than as herein provided. Sec. 10. In case the issuance of said bonds shall be approved by said electors, then the interest falling due on said bonds on the 1 2th day of June A D. 1912, and on the 12th day of December, A. D 1912, shall be paid out of the general funds of said city, and for the purpose of reimbursing said general fund for said two semi-annual installments of interest and to meet the interest accruing on said bonds on the 12th day of June, A. D. 1913, there shall be levied in the year 1912, on all the taxable property in said city, in addition to all other taxes, a direct annual tax sufficient to produce the sum of nine hundred dollars (1900. 00) ; that in order to raise the necessary funds with which to pay the interest due after the 12th day of June, A. D. 1913, promptly as the same accrues, there shall be levied on all the taxable property in said city, in addition to all other taxes, a'direct annual tax in each of the years 19 '3 to 1920, Inclusive, suf ficient to produce the sum of six hun dred dollars ($600.00), for the purpose of paying two installments of said in terest; that in order to raise the neces sary funds with which to pay the inter est due after the 12th day of December A. D. 1921, promptly and as the same accrues, and t' create a sinking fund for the payment of the principal of said bonds, there shall be levied on all the taxable property of said city, in additi on to all other taxes, a direct annual tax in tiach of the years 1921 to 1930, in clusive, sufficient to produce the sum of sixteen hundred dollars ($1G00 00). for the purpose of paying two install ments of said interest, amounting to the sum of six hundred dollars ($600.00) and to produce the sum of one thou sand dollars ($1000.00), for the purpose of creating a sinking fund to pay the principal of said bonds; and in the year 1930 sufficient to produce the sum of three hundred dollars ($300.00), to pay the interest falling due on said bonds on the 12th day of December, A.D., 1931; and said taxes, when so collected, shall be applied solely for the purpose of pay ing the interest and principal of the said bonds respectively, and for no other purpose whatsoever until the in debtedness so contracted under this or dinance, both principal and interest, shall have been fully paid, satisfied and discharged. Section 11. The common council of the city of Madras shall, at the time and in the manner provided by law for the levying of other city taxes, ratify and carry out the provisions of law ith reference to the levying of taxes, and shall require the officers of said city to levy, extend and collect such taxes m the manner provided by law, for the purpose of creating a fund for the pay ment of the interest upon and the prin cipal of said bonds, and the said taxes, when so collected, shall be kept for and applied only to the payment of said in terest and principal of said bonds, as hereinbefore specified; but nothing herein continued shall be so construed as to prevent said city from applying any other funds that may be in the city treasury and available for that purpose to tho payment of Baid interest and principal as tho same respectively ma ture, and tho levy or levies herein pro vided for may thereupon to that extent be diminished, and upon the payment ot the 'principal of any of the bonds issued hereunder in said manner, or by the use of the sinking fund herein provided for, tho levy or levies herein provided for, for tho payment of interest may to the extent of tho interest of tho bonds so paid bo diminished. Ami the sums here in provided for to moot the interest on said bonds and to discharge the prin cipal thereof when duo aro hereby ap propriated for that purpose, and said amount for each year shall also bo in eluded in the an ual appropriation bills passed by tho common couiri) of auid city in each year respectively. Sec. 12. All ordinances, by-laws and regulations of the city of Madras in conflict with this ordinance are hereby repealed. hection 13. This ordinance shnll bl and remain irrepealable until said bond and the interest thereon shall have been fully paid, satisfied and discharged, af Herein provided. Section 14. This ordinance, immcdi ately upon its final passage, shall be re corded in the book of ordinances of saia city kept for that purpose, shall be au thenticated by tho signatures of the mayor and recorder and shall be pub lished in The Madras Pioneer, a news paper in the city of Madras, and shall be in full force and effect thirty (30) days after such publication, unless a referendum petition against this ordi nance shall be filed with the city recor der in accordance with law. Passed and adopted this 2nd day of October, A.D., 1911. HOWARD W. TURNER, Mayor. Attest: J. II. JACKSON, Recorder. Are You Planning to Build Bungalows, Mills, Stores, Warehouses, Schools, Brickyards, Creameries, Con densors, or any Engineering Project? ola y a in eh al Samples teHted IT WILL PAY YOU TO CONSULT US GE1JSBEEK ENGINEERING CO. 604 Blake McFall Bldg. 0 SASH and DOORS B save Vs to 74 3-crou renei uoon, ni.i quuny v 1 Quarter-round, 2-in., per 1 00 ft. 30 ct. Cedar Siding. 4 and 5 ft. . $ 8 per M. Flooring. 4 and 5 ft. . . $11 per M. Drop Siding, 4 and 5 ft. . $1 1 per M. All No. I and 2 good ftandaid flock. SendpoaufocCaUlosueNo. and buydirca Irom ouriaacry. sare imiAAlmwnn'm n.ftfltl DaA price, sell to mybody, ihip anywhere. Send iu your UA inf(i'rnii)ingrr'r-inHfreigfal. B HmmKmmKmmmmmmmi Underwood Standard Typewriter POPULARITY It is regrettable that during the past few years not everybody that wanted an UNDERWOOD could get one just when he wanted it. There were not enough to go around, not even with the considerable output of 400 machines per day. Now, however, with the largest typewriter works in the world we hope to keep pace for some time with the demand. It is not by accident that the Underwood Company has in a few years built up this enormous business. It- is the logical result of sell ing the best typewriter at a price consistent with its value and giving the cus tomer the best service evei olTered in the typewriter business. "The Machine You Will Eventually Buy." 68 SIXTH STREET Portland, Ore. CVk I mniTiTiiVj'-v..j NOTES J1Y C.M.DARNITZ RIVERSIDE PA. 'CORKXSPONBZKCK SOLICITED These articles and Illustrations must nol bo reprinteu wunoui. npctiui Ion. GOBBLER OR GOOSE WHICH? It was midnight In ancient Rome. After tho thrill of the slaughter of a thousand In the arena, topped off with red wine, roast goose and garlic, the Romans retired, and soon their sono rous snore shook the, rocky Tiher'a shore. Then suddenly all tlie noman geese cackled, and the burghers tum bled out of bed to una tne enemy ac tho gates, and Home was saved. Just so the fat and toothsome ganuer will save Uncle Sam the ignominy of having no big bird on the center plato at holiday feasts. You must eat rubberneck. "Not for minel" you cry. "Turkey's tho national bird, and your goose Idea Is absurd." Now. dear, don't be severe, this mucu Is clear the American people may de cide an election with their ballots, but they can't decide this question with their palates. Who blames you for loving Juicj breast meat? "There nre others." Yet the American public may rise, strike a Patrick Henry attitude and yell, "Gimme turkey or gimme me death!" and still get left, for' the fel low's not born who can carve f.OOO.OOO turkeys into enough to help 100;000,000 other fellows to stuff. Some might get a little smell That a sharp snout could hardly tell. But millions moro would raise .the yell: "Turkey! Gimme turkeyj" This Is the cry today, but turkeys are growing scarcer and scarcer, while turkey lovers are more numerous than ever, and in some localities this year, even where people had boodle to burn, the festive bird couldn't be secured for love or money. Unscientific breeding, has. brought disease to the turkey tribe, and many who formerly bred them have quit. Then, speculators have quietly bought up the birds on farm after farm, and thus many have -had to eat rubberneck or nothing. In the years to come it's going to be goose or nothing but ordinary quack or rooster unless thege fellows O0, YOU BOAST TUltKKY! preaching turkey culture get down off tho fence and do the stuut. Now, there's the whole "effete east" yelling to the live west. "Hustle there and raise us turkeys!" , Why, when a crop fails la the east they just lean back on their cushions and sing: Out west they've got enough for all Upon this great terrestrial ball. If the whole cast blow up and bust, In God and the great west we trust. But though California, Oklahoma, Texas, Kansas, Arkansas, Missouri, Iowa, Indiana, Illinois and. the rest of the west are raising millions of tho best they can't Supply a nation of tur key lovers. Tho future feast will be gobbler or gander, and If we refuse to grow gob blers our goose Is cooked. DONTS; Don't expect -flno stock for little money That's out of date and awful funny. Don't sell u customer bad goods and think that's the lust of it. Rotten chickens and oggs come home to roost. Don't condemn fuUlng and fake on Uiq sly. All fukers go to hades by and by. Don't keep too nracli stock over win. ter. A crowded hchtiousc makes a Uat pockotboolc. Don't select market fowls In the dark nur take birds In tllthy coops to market. Don't keep egjra In the collar with onions and turnips. Custodiers will turn up their uokcx. Don't tako ungradtri pggn to market. Customers will pick out all tho bl ones. Don't borrow Intubators mid forget to take them back nor let (hem rot In Bomo old leaky Hliuck. Don't put every Judge down its a yrufter UecaiiHo you didn't get u prlre. Your fowls muy bo stutidard and yet uo uiiderslze. o