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Code · STATUTES-AT-LARGE · Vol. 34 STAT. · March 4, 1907 · Chapter 2935

Chapter 2935.

373 words·~2 min read·/statutes-at-large/vol-34/chapter-2935-6016184·

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CHAP. 2935.— Ac Act To enable the city of Phoenix, in Maricopa County, Arizona Territory, to use the proceeds of certain municipal bonds for the purchase of the plant of the Phoenix Water Company and to extend and improve said plant. March 4, 1907.[[H. R. 25039](/us/bill/59/hr/25039).][[Public. No. 270](/us/pl/59/270).] *Beit enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Phoenix, Ariz.Contract for water plant of Phoenix Water Company confirmed.
That the contract entered into by and between the common council of the city of Phoenix, county of Maricopa, Territory of Arizona, and the Phoenix Water Company, a corporation doing business in and about the said city of Phoenix, Arizona, of date January fifteenth, nineteen hundred and seven, for the purchase of the water plant of the said Phoenix Water Company for the sum of ninety thousand dollars in cash and the assumption of sixty thousand dollars of firstmorgage bonds be, and*Proviso*.Approval of majority of electors required. the same is hereby, validated, ratified, and confirmed: *Provided. however*, That the same shall be submitted to the electors of said city of Phoenix and approved by a majority thereof at the next general city election, and in the event of approval by a majority of said electors, and the said common council of the city of Phoenix is hereby authorized to proceed under said contract to purchase the said water plant describedUse of money. and specified in said contract, and is hereby authorized to use the money arising from the sale of the three hundred thousand dollars waterworks bonds heretofore authorized by the Congress of the United States and mentioned in said contract, for the purpose of purchasing the said property and carrying out the provisions of the said contract, and for the further purpose of paying the said sixty thousand dollars assumed thereunder and of improving, extending, enlarging, repairing, and rebuilding said water system.
Sec. 2. Effect. That this Act shall be in force and take effect from and after its passage. Sec. 3. Repeal. That all Acts and parts of Acts in conflict with the provisions of this Act in so far as they affect this Act are hereby repealed. Approved, March 4, 1907, 11 a. m.
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