The Frankfort roundabout. [volume] (Frankfort, Ky.) 1882-1908, 1899-05-20
NOTICE.

| WHSkEAS, THE COUNTY OF FRANKLIN,
w on the first day OF July, 1889, Issued bonds
for the rpOSe Of obtaining funds to pay its sub
scrlption to the stock In the Kentucky Midland
Railway Company, to the amount of sl5O,OO y,
$lS7 600 OF which now remain outstanding and,
whereas, said county, thu ough It's Fiscal Court,
has the option to call In said bonds for payment
at any time alter the first day OIL July 1893; aud
whereas. it is the sense OF this court that said
bonds can be refunded at lower rate OF intere t
than they low bear, notice is, therefore, hereby
given that the Fiscal Court of Franklin county
will convene ut The courthouse, In the city OF
Frankfort, franklin county, Kentucky, on Thurs.
day, the fifteenth day OF June, 1899, at which time
unless o or before said date u petition signei
by three hundred voters Of tue county be filed
ton as to whether or not said court shall take
the proposed acliOn be submitted to the legal
voters OF the county an order wi be entered OF
record calling In said outstanding bonds and
ed therefor. And will fix Saturday, the first day
OF July, 1885, rs the date. and Frankfort, Ken
viii be opened by the said Fiscal Court Ter the
sale OF the new twenty-year bonds to the amount
Of SlS0, 0OU, OF the denomination OF one thousand
dollars, to bear interest ut the rate OF fur per
uary and Juy), with inter,s st coupons attached,
the bonds anu coupons to be made payable TO
bearer, and TO be serlally numbered, the bonds
70 be signed by the County Judge and County
Court Clerk, with the seal OF the county attached.
and the coupons TO be signed by the County Court
Clerk alone, said bonds and coupons TO be payable
az maturity, at place or places 10 be designated
by the said Fiscal Court on the day OF sale. And
Will further order that bids shall be Received and
considered Ter the purchase OF any number o
said bonds, an that bids shall also be received
and Considered for the purchase OF the whole
amount thereof, the party bidding TO state the
highest premium he VIII pay for the bond or
bonds bid on, aad the manner In which the high
est premium can be secured for the county sha
prevail. And Will order that each bond or batch
OF bonds shall be sold 10 the person or ersons
Offering the highest premium therefor, unless
they are offered more for them as a whole, In
which event they will be sold TO the person or
persons Offering the largest premium for them
as whole. The court Will also appoint IA COM
miltee consisting OF Esq NJ. l., Lawrence, n. b.
Smith and j. n. PolsgrOse, TO advertise for and
receive sealed bids, which said BIDS shall be re-
ported TO this court anu shall be opened by the
court and no bid snail be received by said com.
miitee after the hour of ten O'clock A. NJ on said
first day OF July 1899, aud viii reserve the right
10 reject any and all bids And will order that the
proceeds OF the sale OF said new bonds shall be
used only for the purpose OF liquidatng the Old
outstanding bonds ana the accrued interest
thereon and the cost and expenses OF such LID
uldation, and the court Will make proper orders
prov ding for tue payms Mt OF tn interest Oh the
bonds.
j. d MOORE, Judge.
H.. b. THOMSON, j. y. &c.
ia. LYONS, &c.
L. LAWRENCE, j. FEC.
W. q, GUTHhIE.J p &c.
I'm, TiNsLEY, j. p. FC,
May lE-it.