The herald-advance. (Milbank, S.D.) 1890-1922, 1896-04-10

SEAL
-. Of Grant county,
AUDITOR
STATE OF South Dakota.
SOUTH DAkoTA
AND BE IT FURTHER RESOLVED, That |
Mr.. f.. H. Mounon Secretary and /
Treasurer Of the Farmers 4 Mechanics !
Savings Bank of Minneapolis, Mime
| sota) te and is hereby appointed and |
designated as the Fiscal Agent of this |
county for the express and only purpose
OF exchanging the new bonds, provided !
to be issued by this resolution, for like !
amount ol the old bonds Of this county |
issued in 1888 and 1882 provided to tie |
retired, redeemed and Cancelled hereby, /
with Tie proceeds of the sale OF the sand |
new bonds, and the SAID l.. IL. Moulton |
| Is hereby eNpTessly instructed to deliver |
these new bonds 10 the purchaser only |
when he has Cancelled dollar for dollar a
| like amount OF the old bonds, and to 50
arrange said exchange that no more than
ninety -four thousand lOOO) dollars Of
live bonds Of all issues shall be oustanG
ing at any one moment.
And the County Treasurer is hereby
ordered and directed that when the new
bonds, provided to be issued by tins
resolution. shall have been duly executed
and registered, TO deliver them to tue
said + II Moulton together with a Ger
titled copy OF TINS resolution, and also
10 place IN the hands OF the said T.. ii
Moulton out of the funds Of this county,
il sufficient amount Of money, which
added to the proceeds Of the sale OF the
new bonds, will pay in tull and cancel
| Al al, of ha
county now outstanding. together with
tile accrued interest, eny hange, express
and fees necessary and incident to such
/ exchange. And contract ot sale for
the new bonds, provided 20 be ISSUED by
this resolution, having been made with
! Mason, Lewis d Co, the bid Of that firm
, being the highest AMI best bid made
therefor. and not less than par, the said
T.. I'll. MOultOn Is hereby ordered and
!. directed 10 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 he so delivered, until Il ik q
q amoun. of the old bonds shall have been
. by him cancelled, and when so Cancelled he
/ shall deliver said old bonds to tie County
! Treasurer and the new bonds to the
/ purchaser.
AND BE IT FURTHER RESOLVED, That
all resolutions and actions adopted or
2 taken by this Board at lis meetings of
/ October S, 1895, November /, lslo, auu
9 December, 1880, relative to the issuance
6 and sale Of the bonds Of tins county. BE-
| ard the same are hereby repealed, ii
f being expressly stated aud reclted that
r no bonds have been issued under said
/ resolutions, or either Of ia m; and,
BE IT FURTHER RESOLVED, That these
. resolutions are intended to ratlfy and
confirm the resolutions and action Of
this Board adopted and taken at its
meetings OF February -, 1896, and
March II. 1895, relatlyeto the issuance
: and sale OF the bonds OF this county, ex-
! sept in So far rs these resolutions
| add 10 or conflict with sad resolutions and
! actions, and t. that extent sad resolu-
. tlons and actions Of February %. 1896,
and March II, 1896 are hereby amended
! TO conform hereto.
! Which resolutions were duly seconded,
and on roll call duly adopted on the
: following vote, to-Wit:
9 Commissioners Street Holden and
! Mitchell voting Aye and none voting
: NO"
: The chairman thereupon declared the
resolutions 10 De UNANIMOUSLY Carried
/ and directed The County Auditor to 50
4 record.
= STATE OF souTH DAKOTA. So
J County of Grant.
: We, George Mitchell, chairman Of the
! ! Board OF County ommls>ioners, and n
:, Forsberg, County Auditor, Of Grant
county, South Dakota, do hereby certify
S that the foregoing is Il true and cerrecl
! ! and complete copy OF the lecords OF the
:. :, proceedings o. the regular meeting ol
! the Board Of County Commissioners Of
> said county, held on April 6, 1896 50 fal
5 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
: missloners Of Gr,nt county, South
= Dakota.
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