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Stephens County special election

Proposition 1

Shall Independent School District No. 74 of Carter County, Oklahoma incur an indebtedness by issuing its bonds in the sum of One Million Two Hundred Forty Five Dollars ($1,245,000) to provide funds for the purpose of constructing, equipping, repairing and remodeling school furniture, fixtures and equipment and acquiring and improving school sites, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal hereof when due, said bonds to bear interest are not to exceed the rate of ten (10%) percentum per annum payable semi-annually and to become due serially within five (5) years from their date?

For the proposition - Yes
Against the proposition - No

Proposition 2

Shall Independent School District No. 74 of Carter County, Oklahoma incur an indebtedness by issuing its bonds in the sum of Three Hundred Fifty Five Thousand Dollars ($355,000) to provide funds for the purpose of purchasing transportation equipment, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest as not to exceed the rate of ten (10%) percentum per annum, payable smi-annually and to become due serially within five (5) years from their date?

For the proposition - Yes
Against the proposition - No

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