Arizona silver belt., 1899-05-11
GLOBE, Gila County, Arizona,

member, and notice served by the clerk of board as required by law, the board met on this day at 10 a. m., all mem- bers and tbe clerk present. The fol- lowing proposition having been filed with the clerk Of the board vas sub mitted, towit:
 This contract by and between Geo. w. Sturtevant, of Chicago, Illinois, party of the first part, aud Gila county, Arizona a county duly organized and existing under the laws ef the territory of Arizona, represented by its board of supervisors, party of the second part, wituesseth, whereas tho said Gila county Is the owner of forty (4O) Arizona territorial funding bonds of the denomination of one thousand | (Sl00W dollars each, numbered l72l to l76O both inclusive, bearing five (5) per cent interest per annum, interest payable semi annually in gold on the 18th day of July aud January of each year, and is desirous of selling the
 ame, and whereas said party of the first part has submitted bid of fort, thousand (S40 00O dollars and accrued interest from last interest payment to tue 18th day of May, 1899. said inter. : st amounting to (S666 663) six hun dred aud sixiy-six and two-third dol lars. Said party of the first part hereby agrees to deposit or cause to be deposited with Laidlsw & Go haukerE, No. l4 Wall street, New York City, New York, the sum of forty thousand six hundred and sixty six and sIxty-si1 huudredth (S4n, ,G66. .66i) dollars ou or before the 18th day of May. 1899, and said socOnd party hereby agrees, through Its board of supeGsisors, to depusit with Laidaw 4 C"., bankers, New York City, New York, No. If Wall street, on ar beioie the 18th day of May, 1899, the above described forty (4O Arizona territorial funding bonds, and further agrees to instruct the said Laidlau & O., naukers, that if said first party thai deposit or cause to be deposited with said bank the sum of forty thousand six hundred and Sixty-si1 and sixty -six nuudredths (s4O, 666 66) dollars on the 10th day of May, 1899, to the credi; of 'iila county, iu Arizoua territory, then the said bank shall deliver on the 18th day of May, 1899, the said forty (4O) Arizona territorial funding bonds tu George ". Stur.evant ur order Should said deposit of forty thousand six hun dred aud sixty six and sixty-si1 hun. dredth (S40, ,s66.66) dollars be not SO paid by said first party to tbe credit of said county on or before the l5th day of May, 1899, then in that event thls contract to be null aud void, other- wise to remain in full force and effect. Signed in duplicate aud dated this tue 24th day of April, A. D. 1899.
 GEORGE ". STURrEyAHT.
 The above proposition in writing having been received from one George W. Sturterant to sell forty territorial funding bonds of the denomination of Sl0U0 each and accrued interest at par. In accordance with said proposition in writing made iu duplicate, copy of which has been filed in tbis office. Now, therefore, all members of said board of supervisors being present, on motion of J. G. Oldfeld, seconded by J. B. Freeman, the above proposition of George W. Sturtevant WAS duly &C., cepted, all voting in the affirmative.
 It is further agreed that we, as said board of supervisors of said county, do l accept for said county said proposition and instruct the clerk of the board to | transmit copy of these minutes to. gether with contract signed and sealed | to said Geo. W. Sturtevant. On mo- ton duly carried it is further ordered by this board for the county of Gils, that this board acting for said county, 1 execute further contract with the said Geo. W. Sturtevant whereby the said | county agrees to pay to the said Geo. W. Sturtevant as expense ln making l said gale the sum of $10l6 66, said sum to be placed to the credit of Geo. W. 1 Sturtevsnt by said Laidlsw X Go. upon the said Sturtevant complying with the foregoing and tie following contract at follows. towit:
 GiIa county, Arizona territory, by it's board of supervisors, hereby agrees tG pay Geo. W. Sturtevant or order the sum of ten hundred and sixteen and sixty.six hundredths ($10l6. 66) dollars for the sale of forty thousand six hundred and sixty-slx and sixty. six huudredths (s4O, ,666.66) dollars worth of Arizuna territorial funding bonds, said bonds to be sold by said Sturt- evant on or before May l5, 1899. and when said $40, ,666.66 is deposited by Sturtevant or agent with Laidlaw <