Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1885-05-13

ssA6As(0v 0ANsASA ~ S~S ~
bids will he received by said clerl
for said bonds, until the LIST day o
June, 1885, which bids must be in
writing and state the denomination
Of each bond desired by the bidder
the sum total thereof, the per cent
hidden, name and post-ofice address
Of the bidder and the name of the
person to whom each bond is to be
made payable, provided that NO
bond shall be issued MOI bids &C.
cepted at a rate below par. That on
the LIST day of June, 1885, if said
board be then in session, otherwise
at their first session thereafter, said
clerk shall deliver to said board all
such bids by him received, which
shall at once be opened by said board
in the order of their receipt by said
clerk (Which order said clerk shall
thereon designate) and if any bid is
at or above par the same may be &C.
cepted by said board, otherwise it
shall be rejected. If any bid shall
be accepted, said clerk shall forth
with notify the bidder of such fact,
and that upon the deposit with said
treasurer for that purpose of the
sum of money mentioned in his bid,
which money must be deposited
within a reasonable time, that the
bond or bonds described in his bid
will be delivered to him. Said treas
urer upon the receipt of said money
shall at once notify said clerk OF
such fact in writing giving the
amount of money received and Of
whom. Thereupon said clerk shall
at once prepare the bonds with cou-
pons attached SO sold, which shall
be in all respects executed, attested
and sealed as hereinbefore specified,
and be delivered by said clerk and
treasurer in manner aforesaid. That
if any of said bonds remain unsold
after July LIST, 1885, the same may
be sold at not less than par to any
person depositing with said treasur-
er the proper sum Of money there
for, %whereupon said treasurer shall
report to said clerk in writing the
said sum 30 deposited, the denomin-
alton of bond desired, name of pay
ee thereof and person making depos-
it, whereupon such bonds with cou-
pons shall be executed as hereinbe-
fore required (whether this board be
in session or not and by said clerk
delivered to said treasurer, taking
receipt therefor which receipt must
state number, date amount and
payee Of each bond to whom deliv-
cred by said treasurer, which receipt
shall be fled with other bond re-
ceipts i'm said clerks office. Said
treasurer on receipt Of said bond
shall deliver the same, taking a re-
ceipt therefor, which shall stase She
number, date, amount, payee, and
to whom delivered. Said treasurer
shall keep a separate account Of all
moneys received by him upon the
sale of any Of said bonds and pay
the same out upon the redemption
of said bonds issued as aforesaid in
the year 1879. When any of said
last mentioned bonds shall be paid
by said treasurer, il paid by issuing
new bonds therefore he shall write
on the back Of each such bond or
coupon 20 paid Gin red ink) the
words paid by new bond No."
the number of bond) and if
any such bond shall be paid in cash,
said treasurer shall write on the
back Of such bond or coupon Gin red
the words paid in cash."
and in both instances date
said endorsement and shall retain all
such redeemed bonds until his next
settlement with the county Commits
sioners andthey shall then be careful
ly compared upon such settlement
by said commissioners with the
bond register and if found to CORE
spond Herewith by said commits
shall be then further can
on the face of each bond and
coupon by writing thereon in red
ink the following to wit:-"Refund-
ded under act of March 10th, 1885.
Examination and found correct
of-18S5," which endors-
ment shall be written and signed by
the said Clerk and shall be SO writ
ten upon said bonds and coupons
% to touch the payee, name and
sum therein mentioned, and said
and coupons shall by said
Clerk in presence of said Board be
put up in sealed packages, those
puid by issuing new bonds shall be
in one set Of packages and
upon each package shall he written
"Bonds and coupons taken in ex-
change for new bonds No.-to No.
inclusive, amounting to 81" giving
amount in figures contained in each