The herald-advance. (Milbank, S.D.) 1890-1922, 1896-04-10
The Official Seal
Of Grant county,
South Dakota


Mr., L. H. Moulton Secretary and
/ reasLrer of the Farmers q Mechanics
Savings Bank of Minneapolis. Mime
sota) be and is hereby appointed and
designated as the Fiscal Agent Of tins
county for the express and only purpose
of exchanging the new bonds, provided
TO be issued by this resolution for like
amount OF the old bonds of this county
issued i'll 1888 and 1885, provided to te
retired, redeemed and cancelled hereby,
with the proceeds of the sale OF the said
new bonds, and the said t. IL Moulton
is hereby expressly instructed to deliver
these new bouds 10 the purchaser only
when he has Cancelled dollar for dollar a
like amount OF the old bonds, and to so
arrange said exchange that no more than
ninety four thousand f9l ,oUo) dollars Of
live bonds Of ali issues shall be outstana
ing at any one moment
And the County Treasurer is hereby
| ordered and directed tAa, when the new
bonds, provided to be issued by this
resolution. shah have been duly executed
and registered, to deliver them to the
said T. II Mouiton together with a Ger
titled copy Of Tins resolution, and also
to place in the hands OF The said +. ii
/ y,
a sufficient amount Of money, which
added to the proceeds Of the sale OF the
new bonds will pay In tull and cancel
and redeem all the old bonds Of the
county noW outstanding. together with
the accrued interest, exy hAnge, express
and teas necessary and incident to such
exchange. And contract OF sale for
the new bonds, provided 20 be ISSUED by
= - 4,
Mason, Lewis & Co, the bid Of that firm
being the highest anl best lid made
therefor. and not less Than par. the said
g. II. Moulton is hereby ordered and
directed to deliver said bonds 10 said
purchaser, or order, on full payment
being made therefor III accordance With
said contract, provided that no new
bonds shall be so delivered, until lik &
amour. Of the old bonds shall have been
by him cancelled. and when 50 Cancelled he
shall deliver said Old bonds 10 tie County
Treasurer and the new Bonds to the
purchaser.
AND Be Ir FURTHER RESOLVED, That
all resolutions and actions adopted CT
taken by this Board a, is meetings OF
October s, 1895. November /, lsJo, ane,
December, 1895, relative to the issuance
and sale Of the bonds Of tins county. be
and the same are hereby repealed, il
being expressly stated ard reelied that
no bonds have been issued under said
resolutions or either Of III IN; aud,
BE IT FURTHER RESOLVED, That these
resolutions are intended to ratify and
confirm the resolutions and action OF
this Board adopted and taken at its
meetings OF February %. 1896, and
March II. 1896, relative to the issuance
and sale OF the bonds OF this county, ex-
capt in Sc far rs these resolutions
add 10 or conflict with sald resolutions and
actions, and to that extent said resolu-
tons and actions Of February 25, 1896
and March Il. 1896, are hereby amended
to conform hereto.
Which resolutions were duly seconded
and on roll call duly adopted on the
following vote. to-wit:
Commissioners Street, Holden and
Mitchell voting AYE" and none voting
No !"
The chairman tharenpon declared the
resolutions TO be unanimously cal rice
and directed the County Auditor to St
record.
STATE OF SoUTH DAKOTA.
County OF Grant
We, George Mitchell, chairman Of the
Board OF County commissioners, and n
Eorsberg, County Auditor, OF Grant
county, South Dakota. do hereby cerlit,
that the foregoing is i true and correc
and complete copy oi the records OF the
proceedings 9. the regular meeting q
the Board Of County Commissioners o.
sald county, held on April 6, 1886 SO fal
as the same in any way relates to the
assurance, sale and exchange Of the
negotiable bonds OF said county.
GEO. MITCHELL,
Chairman Of the Board OF County Com
mlssloners Of Gr Mt county, South
Dakota
N. Fol sBER ].
County Auditor of Grant coul ty SO lth
Dakota