Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1891-09-29

Governor, Feb. 26, 1891, be made, execut-
ed, issued, and delivered in payment of
the said judgment and all interest accrued
thereon up to this goth day of September,
| 1891, and all costs adjudged against the
said county in the said action, by the dis
trict and supreme courts, and in the
amount of the principal of the said judg-
ment and costs and of the interest on the
said judgment calculated from August 20,
1889, to September 20, 1891; and that
such funding bonds shall bear date Sep
TENDER 20, 1891, shall be due and paya-
BILE August l, 1921, with the option to the
said county to redeem the same after fif-
teen years currency thereof shall bear in
terest from date at the rate of five per
cent per annum payable semi-annually,
that is to say, on the first day of Febru-
airy and the first day of August every
year, the first interest payment, never
the-less, to be made February l, 1892, in
the amount of the interest accruing from
the date of said bonds to the said first
day of February, 1892, shall have semi
annual interest coupons attached, the
first coupon. however, being only in the
amount of the aforesaid first interest pay
ment shall recite the existence and per-
Torrance of all conditions precedent to
their ISSUE shall conform to the terms
and provisions Of the said act as to form
and manner of execution, as we'll of the
said coupons as Of the said bonds shall he
payable principal and interest, at the
Western National Bank of the city OF New
York and shall be delivered to the said
VIM. N. Coler, Jr., or his attorney, on
satisfaction of the said judgment and rs
payment thereof, including all interest
thereon and costs aforesaid.
Crhis next resolution in similar Ian
guage provides for the funding of per
cent bonds to the amount of $3.50, 900 in
per cent bonds)
And it is further resolved by the said
board that all the bonds whose execution
and issue are authorized by these resolu
tons may be in such denominations con-
formable with the said funding act as
may be agreeable TO the officers signing
the same and the creditors receiving the
same.
And it is further resolved by the said
board that, from time to time as offered
for exchange or refundlng, the said rail-
road aid bonds, with the coupons thereto
attached, and all unmstured coupons
thereto pertaining, all matured detached
interest coupons aforesaid, shall be re-
ceived by this board, through its chair
man or clerk, and be Immediately can
celled in the mode and by the authority
provided in the SAID act, and, in consider
alton of the surrender thereof and in ex-
change therefor, funding bonds of the
said county, of the form and description
AL a., 6 . bo
principal of such surrendered bonds and
Of all interest accrued thereon up to Sep
tember 80, 1891, and evidenced by coupons
thereto attached, or by any coupons there.
: to appertaining and Herewith surrendered
and of all such surrendered matured de.
: tached interest coupons, and of all inter
eat up to that date accrued on such sur.
rendered interest coupons, whether at
tached to or detached from the bonds tC
which they may appertain, shall be issued
and delivered in due proportion to the
person or persons, corporation or corpora
tons, so surrendering such bonds anC
interest coupons for cancellation and re-
funding;
: And 1t is further resolved by the sale
t board that the chairman and clerk of this
board and the treasurer of the county o.
Santa Fe be, and they are hereby, in the
name and behalf of said county, author
lied, empowered and directed to execute
the said funding bonds, under the proper
corporate seal, with proper interest cou
pons attached, in manner and form pro
> vided by the said act, and to deliver the
same in execution and performance Of
and in conformity with the foregoing
resolutions;
And it is further resolved by the sale
I board that proper record of all bonds
and interest coupons surrendered anC
cancelled, and of all bonds issued, pursu
ant to the said act, be forthwith opened
and thereafter be faithfully kept by the
: probate clerk of the county of Santa Fe in
conformity with the terms and provisions
of the said act.
To-day the commissioners visited the
county Jail and inspected that institution
The sum of $25 was appropriated for the
, purchase of clothing and shoes for the in
, sane there confined.
, Mr. l.. Spiegelberg appeared before the
board to-day and said he held between
$4,000 and $4,000 worth of per cent
county bonds issued in 1889 which he
asked to have refunded into per cent
bonds. He was requested to submit q
list of these bonds and the board adj
| iourned to 10 a. m. tomorrow.