The Livingston enterprise. [volume] (Livingston, Mont.) 1883-1914, 1890-06-14

Whereas, by act of the legislature of the terri
tory of Montana, approved March 9th, 1888, and
the acts amendatory thereof and supplementary
thereto, the county commissioners in each county
in the territory of Montana shall have in add-
ton to the powers already conferred by law, au
thority to issue on the credit and faith of said
county coupon bonds to an amount sufficient to
enable them to redeem all legal outstanding
bonds, warrants or orders of said county in the
manner provided by said acts of the legislatures
and, whereas, there is legal outstanding indebt-
edness against the county Of Park, in said state,
amounting to the sum OF ten thousand dollars,
evidenced by warrants and orders of the board of
county commissioners of said county: Now,
therefore, for the purpose of redeemng said le-
gal outstanding Indebtedness, we, the board of
county commissioners of said county of Park,
order ssued and hereby do issue bonds of said
county of Park on the credit and faith of said
county to the amount of ten thousand dollars,
said bonds each to be of the denomination Of
81 900, redeemable in fifteen years and payable in
twenty years, and it is further ordered that said
bonds bear interest at the rate of seven per cent
per annum, payable semi-annually on the ff-
teenth day Of January and the 18th day of July,
each year, from the fifteenth day of july 1850, re-
spectively, al the county treasurers Office Of said
county of Park, or the Hanover National Bank,
New York, as the holder may elect. Said bonds
are to be in words and figures as follows:
No.. United States of America, $1,000
State of Montana, Park county, registered re-
demption county of Park bond; interest seven
per cent, payable semi annually; issued under
act of March 9th, 1888 Know all men by these
presents, that the county of Park, state of Mon
tana, in consideration of the payment herefor un-
to the county treasury of sum of lawful money
not less than the par value hereof, is indebted
unto .............,o Or bearer, in the sum Of one
thousand dollars, redeemable in fifteen years and
payable in twenty years after the date hereof,
with interest at the rate of seven per cent per an
mum, payable semi-annually by the treasurer of
said county, in lawful money, at his Office in the
county seat of said county, or at the Hanover Ma
tional Bank, New York City, as the holder may
elect, on the fifteenth day of January and the if
teenth day of July each year, on the presentation
to the county treasurer of the proper coupon
therefor, hereunto annexed, and the faith of the
said county of Park is s0lemnly pledged for the
payment Of the interest and redemption of the
principal hereof at maturity. This bond is issued
by authority of an act passed at the 18th session
Of the legislative assembly of the territory of
Montana, and entitled an "Act to authorize coun-
ty commissioners to Issue bonds to redeem out
standing Indebtedness" approved March 6, 1883,
and the laws amendatory thereof. The board of
county commissioners Of said county of Park has
complied with all the requirements of said act
relating to the issue Of this bond and the same is
suthoritatively Issued, with corresponding cou-