The Red Cloud chief., 1895-02-08

ever, that the officer Of the county or
counties issuing bonds under this
act, shall negotiate sad bonds at the
highest obtsinable price not less than
par value
Sec. 4. The county board shall in
vest the proceeds Of said bonds, or SO
much thereof as may be necessary, iu
procuring seed and feed for teams, ~
provided 10 section / Of this act, and
shall sell the same TO such persons
only IS are engaged in agriculture, at
q uniform price to each and every pur.
chaser; and shall take therefor such
form Of security for the payment Of
such purchase price as will, In thei,
judgment be just, aud best protect the
interest Of the county. Provided,
that the whole Of said purchase price
shall be due and payable on OF before
the first day Of March, 1896, with in.
terest thereon at the rate Of ten per
cent per annum until paid.
SEC. 5. No party shall be permit.
ted to purchase any Of said seed o,
feed until he shall have first made and
fled with the county board an afidav.
it showing that he is actually engaged
in farming; that he has no seed or
feed for his team and is without means
to purchase the same, or. If he has
any, stating the quantity thereof, the
number Of acres he owns or has rent
ed, and the number Of acres he in.
tends to put into crops for the season,
and that he will use said seed and
feed for no other purpose than than
provided for in this act. He shall
also furnish the afidavits Of two cred.
ible residents OF said county and Of
HIS neighborhood to the effect that he
is . reputable citizen Of said county
and that they verify believe that the
statements contained in his sfidavit
are true; and. upon such affidavit be-
ing made and fled, the same to be
preserved in the Office Of the county
clerk, the county board may sell to
said party such amount of seed or
feed, or both, as they, the said baard,
shall deem just and proper.
SEC 6 Any person who after hsv.
ing obtained seed or feed as herein
provided, shall transfer or in any man.
ner dispose Of said seed or feed other.
wise than is contemplated by this act
shall be deemed guilty of a misde.
meanor and shall on conviction thereof
be Sued in any SUN not exceeding one
hundred dollars ($lOO) or be iMprison.
oned ia the county Jail not exeeedir 6
three months.
Sec. 6. It shall bo lawful for the
board to designate some per-
son to sell the said bonds. and, under
their direction, to invest the process
thereof in seed and feed and sell the
same as provided for in this act.
which said party SO designated shall
give a bond for the jsithful perfor
nance Of his duty, which bond shall
not be less than double the par value
Of the bonds to DO negotiated, for the
purchasing Of seed and feed and sell.
ing the same as herein provided, and
The person who shall sell said bonds
and purchase and sell said seed and
feed shall make . full EXHIBIT and
settlement with the county board on
the teeth day Of June, 1885,.
Sec. 8. If any person entrusted
with the selling Of said bonds or the
the procuring aud selling Of said seed
and feed shall fail to account for and
settle IN full for the money, seed or
feed placed in or coming into his
or shall convert any part there.
Of to his own use he shall be deemed
OF embesslsment and upsa con.
thereof shall DO punished 40.
SEC. 8. The county board Of any
issuing bonds under the pro.
visions Of this act shall levy . tax for
interest on bonds % it becomes due;
that On additional amount
shall be levied and collected suf-
to pay the principal Of said bond
at maturity; Provided further, that not
more than twenty per cent Of the prin-
oipal Of said bonds shall be levied and
collected in any one year.