Okla. Stat. tit. 19, § 19-1260

special assessments - Presentment for payment - Endorsement -

Cancellation.

Whenever the outstanding bonds in any series issued for the

payment of road or street improvements in any district have been

registered in accordance with the provisions of Section 1259 of this

title, all of the registered owners of all of such bonds may file

their consent in writing with the county clerk in which such

district is located, that bonds of such series may be used in

payment of special assessments in accordance with the provisions of

this act; and such written consent shall be binding upon any

transferee or assignee of any of such bonds, and upon all of the

registered owners signing the same, as to all payments made in

pursuance hereof, until written notice be filed with the clerk by

any such registered owner, or registered transferee or assignee, of

any such bond, terminating his consent thereto. After such written

consent is filed, as aforesaid, and until written notice of

termination is given as herein provided, the owner of any property

in any such road improvement district may, with the written consent

of the registered owner, or owners thereof, present to the county

clerk of such county, the bond bearing the lowest serial number of

the bonds outstanding in such series, or if the same be

insufficient, then he may present the next serially numbered bond,

or bonds, as the case may require, in payment of the special

Oklahoma Statutes - Title 19. Counties and County Officers Page 539

assessment, or of any installment thereof, upon said owner's

property in such road improvement district, whether delinquent or

unmatured, with all interest and penalty thereon. The clerk of said

county shall endorse upon said bond, or bonds, the amount of the

installment, or installments, and interest and penalty thereon, for

which the registered owner, or owners, consent that said bond may be

tendered as payment, and thereupon the clerk shall issue a receipt

to the owner of such property to the extent of such installment,

together with interest and penalty, for which credit has been

endorsed, as aforesaid, upon said bond or bonds. Whenever the

credits upon any such bond so endorsed equals the principal amount

of such bond, together with all matured interest, said bond,

together with all interest, whether due or to become due, shall be

canceled by such clerk.