The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1899-04-29
Bonding Resolution.

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Bonding Resolution.
WAsnBuRN, N. D.. A, ril 10, 1899.
At regular called special meeting ol
the Board Of county Commissioners il
and for the County Of Mclean and State
Of North Dakota, held ON this day, there
we're present all its members, VIZ: Com
mitsioners Ole B. Wing, Louis Bergquist
and Noah w. Solenberger aud there was
also present, August f. Johnson, the
County Auditor of said County and the
Clerk of said Board.
Inc Chairman, Die 3. Wing, declared
the meeting opeu for She transaction of
such business rs might legally come be-
fore it, .whereupon the following proceed
ings we're had:
Commissioner N. w. Solenberger offered
the following resolution, end after the
same had been read by the clerk, moved
its adoption:
WHEREAS, The said County of Mclean
has at present outstanding unpaid warrants
and orders Of said County. amounting in
all to the ,,sum of Thirteen thousand
thirty-n and 6o-loo (sl3,O3y.6O)
dollars, all of which SAID warrants and
order, have been duly issued ana now are
valid and legal debts aud obligations of
said County of Mclean.
AND, WHEREAS, it is deemed advisable
and for the best interests of said County,
that the said warrants and orders be taken
up, paid and cancelled, aud that sue!, pay
ment be effected TIN ou5h the i-sua c. OF the
funding bonds of said County in the sum
of Thirteen thousand (Sis0OOoO) dollars
and that tho proceeds abe derived from
the sale of such bonds be usud for She. sole
purpose OF retiring, paying and cancelling
an equal amount Of said outstanding
warrants and orders.
NOW, THEREFORE,, BEIT REsOLv-
ED, By the Board of Commissioners of the
said County of Mclean aud State OF North
Dakota, that pursuant to law aud che
statutes in such case made and provided,
and with reference especially n. .t..e. pro-
visions Of Article Twelve (12) Of the Con-
stitution of the State of North Dakota, be-
ing section numbered One hundred and
eighty three (l83) Of said Constitution,
and the provisions ofArticle4 Seventeen
90 of Chapter Twertysix (2sl of the
Revised Codes of the State ofNorth Dako
Ia for the year 1895. being section 2O35 to
2O42 thereof inclusive, the sald Board of
Commissioners of the SAID County do issue
the bonds Of said County to the total
amount Of thirteen thousand f$l3,OOO, ,OO)
dollars; said bonds to be thirteen (l3) in |
number and each thereof to he for the sun.
of One Thousand Csl.00W dallars to bear
date April fifteenth Q5th) AL 1899, and
he payable ON April tffteenthl l5th) AID
1919, with the interest ON each thereof i
the rate OF five (5) percentum per annum
payable .semi-annaally on the fifteenth
l5.h) days of October and April in each !
year thereof, with principal and interest
both payable at the office of the Produce /
Exchange Trust Company,-at New York
City in the State of New York; each of
said bonds to be made payable TO Kane &
Co.. or order, aud to be numhared con
seeutively from Twenty (2o) to Thirty two
(32), both numbers inclusive, and that the I
proper officers of said Board Of Commits
s,oners, aud of said County, to-wit: the
Chairman of this Board, and ita Clerk, the
County Auditor of said County, be and the
said officers are hereby directed, authorized
aud empowered to execute al Of the above
specified bonds, inlegal manner and form,
and when 50 executed, tusllsliver the
same aud all thereof ~ the County
Treasurer Of the said County Of Mclean,
aud Sxsss,s -
BE IT FURTHER Rrs',LvED, That.
il saeag shss J care asrs,usIssr desig g,ated,
Elgrs shall IS levied and assessed upon
Ill the taxable propsra5. within SKID
County of Mclean, and included in the
several annual tax lev,esS thereok the
espectjve sums and taxes ss fellows: for
The year 1899, the sum ot Syyen haAdred
i've and no-loo ($7o5 90 piars and for +
,achsof the years 1900 10 lyis, inclusive.
;hs cum Of .,ns Thousand -Four hundred
! itszzzseven and no 100 Isl ,457f0o) Dollars;
;lbsa "a sums - assessed, levied and
;ssseda being aatiio,ensin Y 3 spount to pay
,he respective installments M interest on
,aid bonds when the amsssfal due and
Also the principalot sail boads when the
,ame mature; and tie Coun's Auditor Of !
laid Mclean County is hslsby directed
md eushorized il aud during the said
rear ls99, and in each 81 tht years iiln-
succe edinx said year and up, TO-
and isc udings the year 19lssto l'clude
he said spectiys sums4 rsqhired BY this
resolution to- be- taxed aD4 raised as