Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1892-07-01
Present, Commissioners Cahall and

MeetlDg was called Tor the purpose of
considering a proposition of F. r. Full
ton for the purchase of negotiable bonds.
Action on the matter was deferred until
next meeting.
The following bills we're allowed:
A. r.. Avery. postage. S IS %
VIM. E: Canal, county commissioner. ii SO
A. Healy, county commissioner .......... IS 80
Adjourned to 2 p. NJ, June IS, 1892.
SATURDAY, June 25, 1892.
Board met pursuant to adjourn
ment.
All present.
Commissioner Healy presented the
following resolution, and moved its
adoption. Calling for the ayes and
nays:
The vote resulted as follows: Ayes,
Chairman Cahall, Commissioners Healy
and Ecklund. Motion prevailed.
WHEREAS, In the judgment of the board
of county commissioners of Burleigh
county. in the state of North Dakota, it is
deemed to be the best interests of the
county to issue its negotiable bonds in the
AulllC w. SOlu CoullGy ~ Jul dUlOI lOI UIlt
sole purpose of funding and %refunding the
outstanding indebtedness of said county;
Now, therefore, Be it resolved by the
board OF county commissioners OF Bur-
leigh county of the state of North Dakota,
that pursuant to law, and especially with
reference to the provisions Of chapter 80,
OF the acts of the first session of the legis-
lative assembly of the state of North Da-
kota, this board proceed to and do issue the
negotiable bonds of Burleigh county in the
aggregate sum of $3.50. 900, the proceeds of
sale to be used for the sole purpose of
funding and %refunding the outstanding
debt OF said county, which is now due and
payable, or about to become due and pay
able, represented by bonds in the sum of
$26,00O, and by warrants in the sum of
$4,000; said bonds to be in denominations
of $1,000 each. to bear date July l, 1892; to
mature July 1, 1912. To bear interest at
the rate of + per cent. per annum payable
semi. annually on the first day OF January
and July, each year. The principal and
interest to be made payable at the Chase
National bank in the city of New York.
The bonds to be made payable to the pur-
chaser or order, to be numbered consecu-
lively from IA to 200 inclusive. The
proper officers of said county, tO-wit: The
chairman of this board and the county
auditor are hereby authorized and directed
to execute said bonds in proper form and
when so executed to deliver them to the
county treasurer; and said treasurer is
hereby directed to deliver said bonds to the
purchaser on full payment being made
therefor. The proceeds of sale to be used
by the treasurer for the sole purpose of
paying said $26,000 of bonds and said $780,
OOO OF warrants now outstanding against
Burleigh county.
That IN accordance with the provisions
of section 184'of the constitution of the
state OF North Dakota, there is hereby
levied upon the taxable property of the
county of Burleigh, for the purpose of
paying the interest and principal OF said
bonds and maturity the following taxes,
to-wit: For each of the years 1892 to 1906,
inclusive, the sum of $4,000 and for each of
$4,000.
And be it further, Resolved, That all
resolutions and motions heretofore adopted
and passed by the board ut county COM
missiOners Of this county providing for
the funding of the county's'debt, and par
ticuiarly the resolutions Of April 7 and
April Is, 1891, calling for the issuance of
500 + per cent. bonds, be and the same are
hereby r%escinded, except so far as they re-
late to the bonds that have been actually
issued and delivered hereunder.
The bonds called for by the foregoing
resolution we're by the board sold
through F. R. Fulton of Grand Forks,
N. D., as per terms of written contract;
and the chairman directed to execute
the contract in the name of the county,
and the auditor attest the same; and
pursuant to the said sale it was ordered
that the said bonds be made payable to
G. G. Gowran or order.
Commissioner Healy offered the fol-
lowing resolution which was adopted:
WHEREAS, In the funding and refunding
of S66 900. outstanding bonds and warrants
of Burleigh county by resolution OF this
OF the county treasurer Of said county In
the issuance of new bonds in said sum;
therefore, be it
Resolved, That the official bond of the
county treasurer be increased in the sum
OF $4,000. for the purpose of covering said
additional sum coming into his hands by
virtue OF funding and refunding said bonds
and warrants.
Bill of F. R. Fulton, $25O.OO, for litho-
graphing and negotiating bonds, was
allowed. The auditor was instructed to
deliver warrant for above bill upon de-
livery Of bonds.
The following bills were allowed, being
for labor performed in excess of road
and fire break poll:
II. R. Warner. fire break 81 so
Theo. Warner, fire break 4 so
The following bills we're allowed:
p. s. Pierce, assigned to J P. Dunn, Jurors 2 10
North Dakota Coal Co., breaking at poor
Commissioner Healy offered the fol-
lowing resolution, which was adopted.
Chairman Cahall voting in the negative:
RESOLVED, That on and after this date
that the county pay laborers at the rate of
$l.50 per day and man and team at the
rate of $500 per day except that road over
seers shall receive $500 per day.
Adjourned to meet on same date set
for the board of equalization, July IL,
1902, at 2 p. m.
A. R. AVERY,
County Auditor.
.,h :u
Pierre Capital, Friday: Captain
Powell and a couple of assistants arrived
from Sioux City last night, and are