The Globe-republican., 1899-05-18

Adjourned 4seting Of County Cen.
nissloners.
County Clerks Once.
Dodge City. Has, May Il, 1899.
Board Of County Commissioners Of Ford
county. Kansas. met pursuant to adjourn.
ment.
Present full Board.
Bids ON county bonds was the first order OF
business. and on motion bids received - psz
advertisements were rejected. as the propo-
sition Of Mr.. L. L. Doubleday. who ap-
peared before the Board, was considered the
best offer made ON both funding and refund
ing bonds, and on motion 1t was ordered that
the Chairman of the Board and the County
Clerk enter into q written agreement with
l. L. Doubleday accepting his offer Of one
hundred and forty eight thousand and
seventy i've dollars for the issue Of sos, 600
refunding bonds and $4,000 funding bonds.
The $40 600 refunding bonds are to be Issued
In denominations of $1,000 each. to be dated
the first day of July. 1899. to be made payable
thirty years from their date. with the option
OF paying 5000 per annum of them, on the
first day Of July 1910, 19ii 1872 1918, 1914, 1915
1916. 1917, 1918, 1919. 1920 1921, 1922 1929 1924
1925, 1895. 1927. l92s, the said option also COW
ering the right to make the 5000 payments
due as above mentioned, at any time after
they are due. not later than thirty years
from the date of said refunding bonds; the
said 500 .0OO Of refunding bonds to draw inter-
est ut the rate of five per cent per annum.
The interest of said refunding bonds to be
payable semi annually. ON the first days Of
January and July in each year. and TO be
evidenced by coupons attached to the said
bonds. Both principal and interest to be
made payable at the Fiscal Agency of the
State Of Kansas in the city of New York. The
aforesaid issue OF bonds are issued for the
purpose of taking up and replacing $4,000
railroad aid bonds outstanding that draw
per cent interest.
The $4,000 funding bonds are to be issued
in denominations of $1,000 each. to be dated
the first Gay of July, 1899. to be made payable
twenty years from their date, with the option
of paying 5000 per annumn of them on the
first day of July 1910. 1871 1912, 19l3 1914. 1915,
1916. 1917, 1918. 1919. The said option also
covering the right to make the 5000 pay.
mcnts. due as above. at any time after they
are due; not later than twenty years from
their date, of said bonds. The said funding
bonds to draw interest at the rate of four
and one half per cent per annum. The in
terest of said funding bonds to be payable
semi-annualIy on the first days of January
and July in each year. and to be evidenced
by coupons attached to the said bonds, both
principal and interest to be made pay able at
the Fiscal Agency of the State of Kansas, in
the City of New York.
The aforesaid issue of funding bonds are
issued for the purpose of taking up all out
standing warrants Of the county which bear
interest at per cent.
The eaid funding bonds to be issued by the
ing the said Issue of bonds enacted by the
legislature of the State of Kansas in the year
1888. and the said new or refunding bonds to
be issued by the county under the general
refunding law of the State of Kansas.
On motion reduction of $50 assessed valu-
alton for the year 1897, was allowed on lots l,
and south half northeast quarter section 4,
township %. range &c.
On motion a reduction of SIS on assessed
valuation of the year 1898 was allowed on
lots Is and 20 Shinn's addition, and q reduc-
tion OF $50 on assessed valuation Of the years
1896 and 1897 on north so feet of lots II, IS, 10
and 20. and north 80 feet of east l6 feet of
lot q. Water street, Dodge City.
On motion the county treasurer be instruc-
ted to receive $50 for assignment OF certificate
of lot 20, Walnut street. Dodge City.
On motion the Board adjourned.
r. S. CRANE,
County Clerk.