Courier Democrat. (Langdon, N.D.) 1891-1920, 1895-06-06
[oFF1c1AL.]
c'o1hty Commissioners Pro-
ceedings.

The board of county commissioners
Of Cavalier county, N. Dak., met at the
audttgf's office on Monday, June 3rd,
1895 the hour of 7 o'clock p. m i,
purs1fntto adjournment.
All them members were present and
are follows: George Weir, chairman;
P. MHugh, John Gatschene, Henry
Porter and Henry Dunford, commits
sioness:
lminutes of the last meeting were
read ND upon motion approved.
hcAfd adjourned until Tuesday, June
4thsSt 8 o'clock a. m.
n rUEsDAY, JUNE 4, 1895.
Brd reconvened pursuant to ad-
jour nent. All members of the board
we present.
Cp missioner P. McHugh intro
due the following resolution and
NOV its adoption:
EREAs; The County Of Cavalier
is in bbted IN the sum of $4,000, re-
pres tied by $4,000 of funding bonds
dateA July lst 1855, and due July 1st,
l8954nd S14, 900 of county warrants.
Anh Whereas; it is deemed to be the
best Interests of the county to issue re-
funding bonds as hereinafter provided
with4the proceeds of which to pay
$600e00 Of maturing bonds and
$14Np0.0O of county warrants of said
cou3y.
Wv therefore be it resolved by the
b9aI ofcounty commissioners of the
cOuf of Cavalier in the State of North
Dagta that pursuant to law and
espfSfally with reference to provisions
Of G&apter 80, of the acts of the first
sess bn of the Legislative Assembly of
the &tate of North Dakota, this board
proNeed to and do issue negotiable
bonNs of said county in the aggregate
sllnDf $4,000, the proceeds Of sale to
be Jed for the sole purpose ofLrefund-
ing be $4,000 of funding bonds of said
scOq ~ which fall due on July 1st 1895,
also to pay the floating warrant
ind d1btedness of said county to the
am0hnt Of $4,000.
HE said bonds to be in the denomi-
natlpn Of 81 900 each, to bear date June
18TH 1926, to mature June 18th, 1915, to
b6ak interest at the rate of 6 per cent.
peE1nnum, payable semi-annually on
thss35th day of June and December of
eaG year; principal and interest to be
sInalae payable at the Chase National
Bank Of New York, in New Y ork. N. Y.
Die bonds to be made payable to the
purchaser or order and to be numbered
cQ66cutively from 70 to SO inclusiyely.
1hN the proper officers of said county,
the chairman of this board and
0unty auditor are hereby author
'iS md directed to execute said bonds
4per form and when so executed
to SliYer them to the county treasurer
3t0ae sby him delivered to the purchaser
aShereafter provided.
That in the execution of said bonds
ana coupons said officers are hereby
adkhorized to have their signatures to
thsscoupons Autographed.
And be it further resolved that in
each sof the hereinafter mentioned
years there shall be levied and assessed
}onthe taxable property within said
county the sums respectively as follows:
Fcfsthe year 1895. the sum of S2,0OO.oO;
For each of the years 1896 to 1905 in
elusive the sum of 100000; For each
ofthe years 1905 to 1914 inclusive the
suih of 100000, for the purpose of
paying the principal and interest of the
bonds issued under this resolution.
Said sum so levied being sufficient to
p1ythe interest on said bonds as it
falls due ang also to pay and discharge
tie principal thereof as the same shall
fall due.
! iAnd the couDty auditor, the clerk of
atIis board, is hereby directed in the
IyEar 1895, and each of the years there
lakter, until the year 1914, to include the
6monnt required in this resolution to
be raised by taxes in each of the years
respectively, in the amount of the total
county tax levy.
And be it further resolved that a
contract Of sale of said bonds having
been made by this board with F. R.
Fulton & Co., of Grand Forks, North
Dakota, the bid of said firm being the
highest and best bid made, and not less
than par, said bonds shall at the re-
Qnast of said F. R. Fulton & Co., be
made payable to G. C.Gowran or order.
And the county treasurer is hereby
directed to deliver to said F. R. Fulton
g Co., or order, the said bonds proper
ly executed upon full payment being
made therefor, provided however, that
no new bonds be issued and delivered
sseSnk31 /. l;lyo sroouu% ~ tho outct q n 6inu