Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1886-12-31

proper description for future identifi-
cation; and then said Board must,
IRON time to time, In such installments
as said Board may deem best, deliver
said bonds to the County Treasurer
and take and file with the Auditor the
Ireasurer's receipt therefor, and
charge said Treasurer with the face
value Of all bonds so delivered to
him. The Board must give notice by
publication in some newspaper of It's
intention to issue and negotiate said
bonds and invite bidders therefor.
! SEC. ). The Treasurer must, under
the general supervision of the Board,
sell said bonds for cash, or exchange
them, on the best available terms, for
any of the county indebtedness or
dered by said Board to be redeemed
and existing at the time OF the execu-
ton OF said bonds; but in no case
must said bonds be sold or exchanged
tor less than their face or par value
and the accrued interest at time of
disposal, nor must any county indebt-
edness be redeemed at more than its
face value and any interest that may
De due thereon. II any portion of
said bonds are sold for money, the
proceeds thereof must be applied ex.
cluslvely toward the redemption of
said county Indebtedness. The Treas
urer must, when he disposes of bond,
insert therein the name of the pur-
chaser and when such bond and inter-
est are payable.
SEC 6. When tie Treasurer re-
deems any county indie btedness, he
must indorse, by writing or stamping
in ink, on the face of the paper evil
dencing such Indebtedness, so re-
deemed, the time when and the
amount for which redeemed, whether
by money or the exchange of bonds,
and the words redeemed and can
celed." He must also keep record
of all bonds disposed of by him,
showing their number, date, and
amount of sale, when and where pay
able, and if exchanged, for what !;
which record he must keep open for
the inspection of the public at all rea-
sonable office hours.
SEC. 7. The said Board must re.
quire of the Treasurer such additional
official bonds as will be at least equal
to the amount of bonds he may at any
time have in his custody, and must
make ample provision to secure the
county from all loss Of such bonds or
their proceeds, and must require of
the Treasurer, at his regular settle
ments of other county business, and
as much oftener as the Board may
deem best, a report containing a full
statement Of all bonds disposed of by
him since his last prior report, includ-
ing the date of, and the amount for
which, such disposal was made, and
when in exchange for county indebt.
edness description of same, with a
return of the evidences thereof, can
celed as aforesaid, a statement of all
accrued interest on said bonds re.
ceived by him, which interest must be
used by him in further redemption OF
county Indebtedness, or as the Board
may order.
SEC. s. The Board must cause tc
be levied annually, upon all the taxa.
BILE property of the county, in add
ton to the taxes authorized for Other
purposes, sufficen: sum to pay the
interest on all bonds disposed of ir
pursuance Of this chapter (act), and
must, before such bonds become due
and IN time to provide the means 70,
their payment, cause to be levied g
sufficient additional sum to pay said
bonds as they become due, and al
such taxes must be levied, assessed
and collected as other taxes.
| SEC. 0. When any of such bonds
become due and are paid, the Treas
urer must make proper entry on hi.
books, showing the time and amount
of payment, and such reference to the
bonds paid, by number aud otherwise
as will identify them; also, he mus
write or stamp in ink, and make sucl
other cancellation upon the face o
said bonds as will clearly show they
are paid and Cancelled, and thereafter
he must, at his regular settlements
file such cancelled bonds with tn,
Board, to be disposed of as other re
, deemed evidence of county indebted
ness, after being duly noted on tn,
Auditors book of original registry
thereof.
SEC. 10. Any unsettled claim O
> demand against the county may a
any time be filed with the said Boarc
or its clerk, hut it shall not be allowed
or ordered paid until there shall b.
sufficient unappropriated funds in thu
treasury to pay the same; that sucl
claims must be considered, and, i
allowed, paid in the order filed; ant
: when the Board allows and orders
claim paid, the Auditor must draw
his warrant on the Treasurer for tn,
amount so allowed, and the Treasure
must pay the same, and such warran