Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-05-01
PROCEEDINGS
OF the Board of County Commissioners
of Isurleigh County.
[OFFICIAL.

lOFFICIAL.
SATURDAY, April 25, 1891.
Board met pursuant to adjournment.
All present.
e Bill of W. E. Cahall, commissioner, for
first quarter 1891, WAS allowed, $32.7O.
Commissioner Moorhouse offered the
following resolution and moved its adop.
ton, calling for the ayes and nays:
The vote was as follows: Commission
or Moorhouse voting eyes," Commits
sioner Cahall voting Yes" Commission
or johnson voting "Yes."
Said resolution was adopted, the vote
being unanimous.
WHEREAS, The bidders for the bonds
authorized to be issued by this board at
a meeting held March 3, 1891, to fund
the outstanding warrants and refund the
bonds of the county of Burleigh, state of
North Dakota, Formerly territory of Da-
kota) that matured July l, 1891, have
failed and refused to fulfill and carry out
the terms of the contract executed in
pursuance of their bid and have failed
and refused to accept and nay for the
bonds authorized to be issued as afore-
said; and
WHEREAS, In the Judgment of the said
board of county cox missioners of Bur-
leigh county, state of North Dakota, it is
deemed to be to the best interests
of said county of Burleigh to
issue it's negotiable bonds in the
name of said Burleigh county for the
sole purpose of funding and refunding
the outstanding indebtedness of said
county represented by the county war
rants, bonds and orders of said county
o1,I for tho rr1rncSo Of novinr onu Anal
Judgment which may have been rend-
cred against said county; now therefore
be it
Resolved, by the said board Of county
commissioners; that said county Of Bur-
leigh by and through this its board of
county commissioners, do issue its nego-
table bonds, in the name of said Bur-
leigh county for the sole purpose of
funding and refunding the outstanding
Indebtedness of said county represented
by the county warrants, bonds and
orders of said county, and for the pur-
pose of paying any final Judgment
which may have been rendered against
said county; that said bonds be in the
denomination of five hundred dollars,
($50O each, and be dated May LIST, 1891,
and bear interest at the rate of six per
cent. per annum, payable semi-annually
and that the principal and interest be
made payable at the Chemical National
bank of New York City and that said
bonds be made payable twenty coy years
from date of the same, to be redeemable,
however, at the pleasure of said county
at any time after (5) years from the date
of the same; that said bonds and coupons
shall be signed by the chairman of said
board of county commissioners and shall
be attested by the county auditor of
said Burleigh county, and the seal of said
county shall be affixed to each bond, but
not to the coupons; and said bends shall
be made and executed in the manner
and form as provided for in an act of the
legislative assembly of the state of North
Dakota, entitled san act to authorizing
counties to fund outstanding indebted
ness, and adjust disputed claims; to
issue and dispose of bonds, and to pro.
vide for the payment Of the principal
and interest thereof" Approved March
18th, 1890.
The assessors met with the commits
s%ionels, as required by law, for the pur-
pose of receiving books and blanks and
for conference in reference with their
duties. The assessors were all present
except j. L.. Brigham and q. M. Bel.
latti. excused or account of sickness.
Adjourned to 2 p. NJ, May 4, 1891.
A. r. AVERY,
County Auditor.