Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1888-04-03
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- ooaxd * eoou1y sp0mi0toge Ten
JsssssdAy leox He 1ss1 stsp tsvas1l
sessein9 aviea 70 ~ eosnsy Il
ahess e9Mo ysaf. 1hn. vita Ne -
Of shoos 5000 saved On shs est II
oasadiaa tie ueissseEs n Ne sossAy
j.a. aakes . tseal Of ell.0W . ysas
vhAsh nay - apptisd - ssAs purposes
than pAyinR 6sseese % eoonay aeEip,
zsd eusiIin9 The pssQaisis<s It eterf2
william Ceehsa1s4 The aDoozs 81
a5osy sassd n ths isem q tnesrsa
sii bald many 81 To ssitees ~ peo-
PIE have boss Usyfna fog and haSso'e
b<sn abb - -; asA ths ssvto9 b shs
saving - Ne tse0 u uR. Coohsnns's
p<yuassitee vii opan I'll the suaAD han
dssos sf peopie ksvs pssstisns1 fox,
And peesoes3 II vain. beoszse these -
10 0soey. 6hssi1 CoehrAse ssys b
ucnt eebEtt 10 TIE re6assise u the
pfsee Of beading b. the ooonty som-
nies3ouefs. auA II be saoeseds n ehase-
Ina sevsn dsllass . veek for boasdtn0
osseonees 10 gecp1e viii havs - Do
Stthoct many Ct tie roads asked fog.
~ this scssion Of tie board.
Tha commissiongss yesterday directed
that tbe eosnty debt shooI1 Be funded
end that tie fr.sres. shoaid no. excssd
fiss p6r cant per aauum. TIE beard
has nov q vritiea oaes 70 taks The En-
Tire issue Of bonds 81 Ave- ~ oans, ths
OFFER besa9 made On The supposisioa
that the total smoarf Of she boods 10 b.
issued vooid reach el00ooI Tcss vas
aboot Tie total amount Of the county
debt and interest,", doe Janaasy Let. 1858.
bisee thea considerable sesip hAs besn
iasoed- La order 10 complssssy liqaidaAe
ths entire debt bonds wili Be issued 70
Ne amount Of t50e, COO, tue additional |
eDo0 TO b spp,!ed 10 canosiiing the |
scrip ias7ed siAcs January LIST iAs1. and
Tie establishment Of . roseHvo fspd
large eEo1ah 10 eoAbls tts eounty With
tie proceeds Of this years taxee 10
promptly Dest all liabilities sh<neve4
incurred. The whole proceeding was . !
NOS veFS scisUn requiem over tue 70
mstns OF Ten Per Gent Intesess. on
ccunty obligations.
The bonds viii b. xhat are known a.
10 30 bends, or feteeDab:e Is any time
after zen ye&ss scd within thirty yeaxs.
A sinking fund viii b. provided for 90 |
that the bends viii - redeened any
time after ten yessa Utto0ut N increase |
Of tsc Sax tate for that special purpose. |
Or, shall IL be desiratls afses ten yeass |
10 car ca the entire dent the c3ud:tioao |
OF the loan will admit Of the eounsy l
doing 30.
A. . voiastasy offer Of fvs Per cent. |
has been received. tee commissioners |
are OF opinion thai they can secure =
premiam for tie bouds at that rate Of l
Interest. Anyhow they have thought II
Advisable 10 give iccai capitalist aud
ail o.aeSs Who desare 10 sscufe the /
bonds, an eqsai c,anss. The bonds
viii be Ia sums uos LEES than 500 OF
saose than 5000. The Issue 10 author
,xsd By and will be made In strict &C.
cordAuoe with, the terms Of the laW a. /
passed By the iast legislature.
Ii to the intention Ct the commission
efs, other things being equal, to favor
homo bidders for tbs bonds. bat, Of |
course. N ths bsds received from cut
side bidders o6sr 4 higher premium
than that offered by home people, the
former will secare the bonds.
An Interesting question was settled 10 |
connection With the granting Of liQaor
licenses. Mr.. Alien tuQaired of Prose
cufsns Attorney kOuaia u apy one nan /
could appear on more than one bond.
"Tne1e IL noticing IN the law pfohib-
itina it," replied Nj. Ronald. L
Then one man might sign every bond
offered here"
Certainly. provided he could qualify
~ being worth enough money. II Q
man qualified that be wes worth. for
exampie. 5000 clear OF ail iocuu-
brancss. he probably could properly BE-
accepted on tvo bnndB bat sesteiaiy not
on any more. Eich bond siRasd should
b. considered by the commissioners a.
an fncnnbsanoe.S
number of licenses ware granted.
The board Sili remain 10 session for
several days. Tue sheriff will probably
su5csis bis account Ct delinquent taxes
collected sieoa November 10th last, a.
by tse order Of the board made
81 tue Msrch meetiE9. Tee Law 70
qairts that this account shall be made.