OCR Text |
Show NOTICE WHEREAS, the Board of Education Educa-tion of Alpine School District did on the 1st day of April, 1932, issue its 5 Refunding Bonds in the amount of $150,000.00, Series of April 1, 1932, dated April 1, 1932, consisting of one hundred fifty (150) bonds in the demonination of $500.00 each, and seventy-five (75) bonds in the denomination de-nomination of $1,000.00 each, numbers num-bers Dl to D30 in the denomination of $500.00 each and M31 to M45 in the denomination of $1,000.00 each payable April 1, 1933, numbers D46 to D75 in the demonination of $500.-00 $500.-00 each and M76 to M90 in the denomination of $1,000.00 each payable pay-able April 1, 1934, numbers D91 to D120 in the denomination of $500.00 each and M121 to M135 in the denomination de-nomination of $1,000.00 each payable April 1, 1935, numbers D136 to D165 in the denomination of $500.00 each and M166 to M180 in the denomination denomina-tion of $1,000.00 each payable April 1, 1936, numbers D181 to D210 in the denomination of $500.00 each and M211 to M225 in the denomination of $1,000.00 each payable April 1, 1937, and WHEREAS, said $150,000.00 bonds were duly and legally issued and of said issue $30,000.00 matured on April 1, 1933, Nos. Dl to D30 in the denomination of $500.00 each and Nos. M31 to M45 in the denomination of $1,000.00 each, and were duly paid and cancelled, and WHEREAS, the remaining bonds are now outstanding and are the legal and valid obligations of said Alpine School District, Utah County, Utah, and WHEREAS, bonds numbered D46 to D75 in the denomination of $500.00 each, and M76 to M90 in the denomination of $1,000.00 each, in the aggregate amount of $30,000.00 fall due and mature on the first day of April, A. D., 1934, and the Board of Education of Alpine School District Dis-trict has no funds in its treasury at the present time available to pay said bonds at maturity, and it is necessary that funds be provided through other sources, but there are available at the present time funds to pay the current interest requirements require-ments on all of said outstanding bonds, and WHEREAS, it is deemed to the best interest of the Alpine School District of Utah County, Utah, that refunding bonds bearing interest at the rate of five per centum (5) per annum be issued and sold, maturing ma-turing $15,000 on the first day of April, 1948, and $15,000.00 on the first day of April, 1949, in the denomination denomina-tion of $1,000.00 each, NOW, THEREFORE, NOTICE IS HEREBY GIVEN that, in order to provide means for the payment of said $30,000 of Refunding Bonds, Series of April 1, 1932, heretofore issued, being valid outstanding obli-: gations of said School District, the-Board the-Board of Education of said district j proposes issuing negotiable coupon refunding bonds not exceeding $30,-000.00, $30,-000.00, 'as described above, and in compliance with the provisions of Section 75-13-19 Revised Statutes of Utah, 1933, hereby requires and gives notice requiring any and all persons objecting to the legality, regularity or validity of said Refunding Bonds, Series of April 1, 1932, or of the-issue or sale thereof, or of the indebtedness indebted-ness represented thereby, to be and appear before the Board of Education Educa-tion of Alpine School District of Utah, County Utah, at the office of said Board of Education at American Fork, Utah County, Utah, Saturday, the 14th day of April, 1934, between the hours of 10:00 a. m. and 12:00 o'clock noon, on said date, then and there to present in writing, duly certified, cer-tified, such objections as he or they may have to the legality, regularity, or validity of said Refunding Bonds, Series of April 1, 1932, or the issue or sale thereof, or the indebtedness represented rep-resented thereby, tcgether with such objections as he or they may have to the legality, regularity or validity of any bonds to be issued to refund the same as above set forth, or with respect to the issue or sale of such refunding bonds, or of the indebtedness indebted-ness represented thereby. If no such written objections are presented at the time and place herein specified, all persons shall thereafter be forever barred from questioning in any manner or proceedings, pro-ceedings, the legality, regularity or validity of said Refunding Bonds, Series of April 1, 1932, and of said |