Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1889-08-01
OFFICIAL PROCEEDINGS

OFFICIAL PROCEEDINGS
of the Board of Commissioners Of Meade
County, South Dakota.
JOINT SESSION.
| DEADwooD, July 10, 1889, 10 A. M
Joint boards met pursuant to adjourn
| ment.
Present: D. A. Mop Pherson, Enos Lane,
George Beemer, commissioners, and r.
III. Driscoll, auditor Of Lawrence coun-
| ty; s. I'll. Martin, 3. Nichols, Bland
Herring, commissioners, and 3. G. Lane,
auditor of Meade county.
| Minutes of previous meeting read and
approved.
The following resolution was intro
duced, and on motion, carried:
Whereas, It has been formally agreed,
and by the boards Of Lawrence and
Meade counties settled, that the follow
ing amounts respectively are the amounts
which Meade county shall assume and
pay to Lawrence county, to-wit:
Acct Of outstanding 10 pr Ct bonds 8 A,5s4 q
Acct of floating Indebtedness. A,200 16
Now, therefore, it is mutually agreed
by and between the counties Of Lawrence
and Meade by their respective boards of
county commissioners in joint session,
that the commissioners Of Meade county
will deliver to the auditor of Lawrence
county, at the earliest possible date, the
bonds Of Meade county properly exc
cuted, to the amount of $24, 800, dated
July /, 1889, payable ten years after the
date thereof, drawing interest at the
rate OF ten per cent per annum, payable
on the first day of March of each year,
which interest will be evidenced by
proper coupon. The denomination of
such bonds will be $500 and the princi-
pal and interest will be payable at the
Office Of the county treasurer of Law
renee county. The foregoing bonds to
be in settlement of the first above men
toned amount except the balance of
$54.41 which will be paid in cash.
It is further mutually agreed that in
the settlement of the second of the fore
going mentioned amounts, to-wit:
$108, ,10656, which Meade county as
sumes on account of outstanding FIVE per
cent bonds, the said Meade county will
at the earliest practicable moment de-
liver to the auditor of Lawrence county
the bonds of Meade county to the
amount Of $108,100, properly executed,
which bonds will be in denominations of
5000 each and two bonds of $50 each,
dated July l, 1889, bearing interest at
five per cent per annum, payable semi
annually on the first day Of May and
November of each year which interest
will be evidenced by proper coupons.
Said bonds will mature on the LIST day
of November, 1907, and the principal
and interest of said bonds will be pay
able at the Fourth National bank in New
York CITY. The balance of the above
mentioned sum to-wit $6.56 will be paid
in cash.
1t is further agreed that inasmuch as
the act creating Meade county is indef
mite and uncertain as to the mode in
which Meade county shall pay it's share
of the floating Indebtedness, to-wit;
1924, 200, and inasmuch as the two boards
cannot agree upon the terms Of settle
ment of the last named sum, it is agreed
that the further consideration of this
matter be postponed to Friday, the 10Th
day of July, 1889.
Witness our hands this 18th day OF
July, 1889.
TSigned SAMUEL FL. MARTIN,
Chairman Meade County Board.
ID A. MCPHERSON.
Chairman Lawrence County Board.
Board then adjourned to meet at
Deadwood, July 10, 1889.
Meade county board then adjourned
to meet at Sturgis, July Is, as board
of equalization.
DRADwooD, July 10, 1889 Adjourned
meeting joint board Of Meade and Law
renee counties met pursuant to adjourn
ment Of July 13.
Present: Commissioners Mcpherson,
Beemer, Lane, Martin, Herring Nichols;
Auditors, Driscoll and Lane.
Minutes of previou meeting cad and
approved.
On motion, by Enos Lane and sec
onded by George Beemer, resolved that
the treasurer OF Lawrence county be and
hereby is instructed to turn over in full
to the treasurer of Meade county all
moneys in his hands pertaining to
special funds within the boundaEies Of
Meade county such as were to the credit
of such special funds on the first day of
July, 1889.
TSigned D. A. McPHERsoN,
Chairman Lawrence County Board.
The following agreement was then
made and signed by the chairman OF
each board, with the sanction of the
joint board:
It is hereby agreed between the coun-
ties Of Lawrence and Meade through
their respective boards Of county COM
missioners in joint session this 18th day
Of July, 1889, that the said board Of
commissioners of Meade county viii on
the 4th day Of September pay its pro