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That the i-naxirilum rate of interest to be paid on <br />said indebtedness shall not exceed the maximum rate per- <br />mit -ted by law, to wit., six per cent (6 o) per annurn, pay- <br />able annually the first year and semiannually thereafter, <br />the actual rate or rat. -Is of interest on said bonds to be <br />determined at the time of the sale or sales thereof. <br />That if the proposition for the incurring of <br />bonded indebtedness so submitted receives tlae requisite <br />number of votes, to wit, two-thirds of the votes of the <br />qualified electors voting on said proposition, bonds of <br />said city, in not exceeding the principal amount stated <br />in such proposition, shall be issued and sold for the <br />object and purpose set forth in said proposition. <br />Section 4. That the polls for said election <br />shall be opened at seven o'clock A.M. of the day of said <br />election and shall remain open continuously from said time <br />until seven o'clock P.M. of t1r-le same day., when said polls <br />shall be closed 5)'(34 of the <br />_, except as provided in Section <br />Elections Code of the State of California. <br />That on the ballots to be used at said special <br />election, in addition to any other matters required by law, <br />there shall be printed substantially the following: <br />V <br />