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Show Thursday, November 24, 1966 SOUTHERN (Continued from Page Two) trict, notwithstanding that be- without limitation, purchasing fore delivery and payment any school sites, building and purIf, upon presentation at maturity, or all of the persons whose sigchasing one or more school houspayment is not made as herein natures appear thereon shall have es, impioving the school property provided, interest shall continue ceased to fill their respective of- under the Districts charge, and including the cost of equipment at the same rate per annum until fices. Section 4. That said bonds and and furnishings for such imthe principal is paid in full. Both the principal of and the interest the coupons shall be in substan- provements, facilities and properon the bonds will be payable in tially the following form: ly, and all costs incident to the and issuance of authorization lawful money of the United (Form of Bond) such bonds and is issued under States of America, without deAMERICA and pursuant to the provisions of duction for exchange or collection UNITED STATES OF UTAH OF STATE the and laws of the Constitution First at the Security charges, COUNTY OF KANE State of Utah, including the Utah Bank of Utah, N.A., in Salt Lake TIIE BOARD OF EDUCATION Municipal Bond Act, Chapter 14 City, Utah. OF KANE COUNTY SCHOOL of Title 11, Utah Code Annotated, Section 3. That the bonds shall DISTRICT SCHOOL BUILDING 1953. BOND be signed and executed with the It is hereby certified, recited SERIES DECEMBER 1, 19G6 engraved, imprinted, lithographdeclared that the issuance of and or otherwise repro- No $5,000.00 ed, stamped duced facsimile of the signature The Board of Education of this bond has been authorized by of the President of the Board and Kane County School District, the electors of the District qualified to vote cn the question at countersigned with the engraved, Kane County, State of Utah, a special election held therein on imprinted, lithographed, stamped hereby acknowledges itself to be or otherwise reproduced facsimile ndebted and for value received the 4th day of October, 1966; that esof the signature of the Treasur- hereby promises to pay to the all conditions, acts and things bond to of this the sential validity lithoa bearer hereof the sum of er; printed, engraved, have happened and have graphed, stamped or otherwise FIVE THOUSAND DOLLARS exist, and that every requirebeen done, placed thereon facsimile of the on the first day of December, ment of law affecting the issue 19 in seal be affixed shall ... of without , corporate option prior each bond; and they shall be sign- redemption upon presentation hereof has been duly complied bond is within ed, manually subscribed, execut- and surrender of this bond, with with; that this every debt and other limit preed and attested by the Clerk. The interest hereon at the rate of scribed by the Constitution and ) coupons attached to said bonds per centum ( shall be signed with the facsimile per annum from date to matur-ty- , laws of said State; and that the full faith and credit of said signatures of the President and payable on the first dav of the Clerk and shall be counter- June, 1967, and semiannually Board of Education of Kane CounSchool District is hereby irsigned by the facsimile signatures thereafter on the first days of' ty of the Treasurer. The printing of Tune and December in each year, revocably pledged to the punctual said facsimile signatures of said upon presentation and surrender payment of the principal of and on this bond, according President, Clerk and Treasurer of the attached coupons as they interest to its terms. is said become both coupons hereby severally due, upon prinIN WITNESS WHEREOF, the adopted by this Board as the cipal and interest being payable authorized and authenticated in lawful money of the United Board of Education of Kane s'eming of said coupons by said States of America, without County School District, Kane for exchange or collection, County, State of Utah, has causofficials, which officials, by the execution of said bonds and a sig- charges, at the First Security ed tins bond to be signed and nature certificate, shall adopt as Bank of Utah, N.A., in Salt Lake executed by the facsimile signaand for their signatures the fac- City, Utah. If, upon presentation ture of its President, to be mansimiles thereof appearing on said it maturity, payment is not made ually subscribed, executed and atos herein provided, interest here- tested by its Clerk and to be counons. Pursuant to Section Utah Code Annotated, 1953, on shall continue at the same rate countersigned with the facsimile as amended, the use of facsimile oer annum until the principal signature of its Treasurer, has caused the facsimile of the corsignatures for the bonds herein hereof is paid in full. This bond is one of a series of porate seal to be hereto affixed, described be, and the same hereby is, authorized by the Board. Said $150,000.00 of bonds of like date and has caused the annexed coubonds and coupons bearing the and amount and is issued by said pons to be signed with the facsignatures of the officers in of- Board of Education for the pur- simile signatures of its President fice at the time of the signing pose of paying the cost of acquir- and its Clerk and countersigned thereof shall be the valid and ing, improving, and extending ed- with the facsimile signature of including its Treasurer, which officials, by binding obligations of said Dis- - ucational facilities5, UTAn NEWS, Kanab, Utah the execution heieof, do adopt, m ; as and for then own pio-natures, their f.n Mimic appearing on cacti of said coupons, all as ol the lust das i signu-.uit- s of December, 19n (Facsimile sizrutuie' ' Page Three tion of Kane Counts School District Kane County, State of Utah End of Form of Coupon) Seition 5 That the Piesidcnt of (he Board is heieby empowered 'ind dnected to sign, and the P.easuier to countersign, by Lou id o! I'duca tion of Kane Coutm School means of their facsimile signatures. and the Cleik to manually District Kane Countv, State of I tail sign and to affix the facsimile of the seal of the District to, each of TTEST: said bonds; and the acts ot said (Manual Signature) Piesident, Cleik and Treasuiei in' so doing aie and shall be the act Clerk, Board of Education of and deed of the Board. Kane County School District Section 6. That all covenants, Kane County, State of Utah statements, representations and Countersigned. in said agi cements contained (Facsimile Signature) Treasurer, Roan! of Educa- bonds and coupons and all recitals tion of Kane County School and representations in this resolution and order are hereby conDistrict Kane Countv State of Utah sidered and understood, and it is hereby i esolved and ordered that (FACSIMILE SEAL) all said covenants, statements, (End of Form of Bond) President, epresentations and agreements (Form of Coupon) Coupon No $ June, On the first da of December, , the Board of Education of Kane County School District, Kane County, State of Utah, will pay to the bearer hereof at the . irst Security Bank of Utah, N.A., in Salt Lake City, Utah, the 19 amount herein stated in lawful money of the United States of America, being the interest then due on its School Building Bond, Series December 1, 1966, and bearing Bond No (Facsimile Signature) President, Board of Education of Kane County School District Kane County, State of Utah 'Facsimile Signature) Clerk, Board of Education of Kane County School District Kane County, State of Utah Countersigned: (Facsimile Signature) Treasurer, Board of Educa- - of the Distinct are the covenants, statements, representations and igi cements of the Board. Section 7. That the interest falling due on said bonds on June 1, 1967, and December 1, 1967, shall be paid from the general fund of said District or from any other fund available for that purpose; and for the purpose of reimbursing said fund or funds, for the purpose of providing the necessary funds to meet the interest accruing on said bonds as the same becomes due, and for the purpose of providing for the payment of said bonds as they serially mature, while said bonds or my of them remain outstanding, either as to principal or interest, here shall annually be assessed, levied and collected upon all of 'e taxable property in the Dis- triet, in addition to all other taxes, direct annual taxes each of lie years 1968 to 1985 inclusive, sufficient for such purposes. Said taxes, when collected, shall he applied solely for the purpose of paying the interest on and principal of said bonds, respectively, and for no other purpose whatsoever until the indebtedness contracted under this resolution, both as to pi incipal and interest, shall have been fully paid, satisfied and discharged. Nothing neiem cuntained shall be so as to prevent said Distnct liom applying any other funds that mat be in the treasury and available for that purpose to the pav merit of said liiteiest or principal, as the same lespectively mature, and the levy or levies hoi cm pi ov ided for may thereupon to th.it extent be diminished Tlie sums lieietn piovided for i av merit of the pi incipal of and the mteiest on said bonds aie heieby appropriated fog that puiiKise, and the iequired amount toi each veai shall also be In the Boaid in its annual budget and m its statement and estimate as vei tilted to the Boaid ol Counts Cummr sioneis in each! jear Bonds issued under the provisions of this h solution shall be a lien upon the taxable propel ty in tnc Distnct, and if the Board ol Uuui.uion, for any reason or at any time, neglects or refuses to cause a tax to lie levied in ac-cdance with law to meet payment ol die pi incipal of or interest on said bonds, thereupon the Boaid of County Commissioners ot Kune County shall levy such tax and apply the money thus collected to the payment of such bonds and the interest due con-stiue- oi maining provisions of this resolution. Section 12. That all resolutions, or parts of resolutions, inconsistent herewith are hereby repealed to the extent only of such inconsistency. Section 13. That this resolution is necessary for the preservation of the public health, peace and safety of the inhabitants of the Kane County School District, and it is hereby declared that an emergency exists and that this resolution shall become effective upon its adoption. Section 14. That this resolution shall be published once in the Southern Utah News and Kane County Standaid, a weekly newspaper of general circulation in Kane County School District. For a period of thirty days after such publication, any person in inter- est shall have the right to contest the legality of such resolution or proceedings or any bonds authorized hereby or any provisions made for the security and payment of such bonds. After such time no one shall have any cause of action to contest the regularity, formality, or legality of this resolution or of the bonds for any cause whatsoever. ADOPTED AND APPROVED his 23rd day of November, 1966. s Fred E. Heaton Si ct on 8. That the officers of President, Board of Educahe District be, and they hereby tion of Kane County School ire, authorized and directed to District ake ril action necessary or ap-- i Kane County, State of Utah opr ate to effectuate the pro- (SEAL) visions of this resolution. Attest: Section 9. That when said bonds lave been duly executed, the s Rachel S. Findlay rreasuru of the District shall leliver them to the lawful pur- Jlerk, Board of Education of chasers thereof i.e. The First Se- fane County School District Kane County, State of Utah curity Bank of Utah N A. of Salt Lake C.ty, Utah, and associates, on receipt of the agreed purchase price. The funds realized from .he sale of said bonds shall be applied solely to the purpose hereinabove recited, but the pur chaser or purchasers of said PORT HEUNEME, CALIF. bonds shall in no manner be re- Jonstructionman Apprentice Stesponsible for the application or wart C. Robinson, USN, son of disposal by the District, or by Mr. and Mrs. Stewart Robinson any of its officers, of any of the of Kanab, has returned from Vietfunds derived from thd sale nam with his unit, Mobile Conthereof. struction Battalion Eleven, to its of Port Hueneme, Section 10. That the Clerk of homeport where the unit of approximately this Board is directed to file with 750 men will receive additional the County Clerk of Kane Counbefore their next Vieton behalf of training ty, Utah, for and nam deployment this Board a certified copy of this During the battalions recent resolution. Vietnam tour, it was assigned 89 Section 11. That if any section, projects, completing 68 of them. paragraph, clause or provision of Among them were closed and this resolution shall for any rea- open storage buildings, an expanson be held to be invalid or un- sion of the Da Nang Naval Supenforceable, the invalidity or port Activity Hospital, a post exof such section, change building, road and bridge Returns From Viet Duties paragraph, clause or provision construction, and a re- - steel tank. shall not affect any of the 10,000 barrel Worlds Largest Propeller for Huge Tanker A computer can be most helpful in any number of ways, including its spectacular assistance in space exploration. But a computer also can eliminate the drudgery and time consuming work needed in engineering calculations in copper mining and copper production. For example, Kennecotts Bingham Canyon Mine is changing constantly with the removal of almost 300,000 tons of ore and overburden every 24 hours. To pinpoint topographithese changes, mine engineers need cal maps. However, map making is tedious work and maps rapidly become outdated. The computer and its data processing systems have changed all this. Calculations are made, punched onto cards and programmed into the computer. Almost as if by magic, a map of the mine starts emerging directly from the plotter, up-to-da- if Artistic computer mine maps te which converts the tabulated digital information into graphic form. As shown above, an isometric map is complete with contour lines and other topographical information. These maps help Kennecott operate the mine more efficiently, which in turn helps Kennecott produce more copper to meet the ever growing demand. The Kobe Steel Works has completed the manufacture of the worlds the largest propeller to be fitted to the world's largest ship ton tanker Idemitsu Mara now under construction. The propeller weighs 38.2 tons and is made of alloy and aluminum bronze. It is 25 feet in diameter and is said to have the highest propulsion potential of any propeller made to date. The manufacturing cost is estimated at $100,000 and represents another first for Japan, the world leader in ship building. 205,000-deadweig- BORDER STORE LIQUORS - WINE BEER Three Miles South of Kanab on Highway nczncscffll Ghppcz (SoirpoEDSion Utah Copper Division " '!A n Eq ugi Opportunity Employer - 89-- Groceries Saddelry Sporting Goods Indian Rugs and Jewelry L. B. Sol Solper Owner, Manager ; |