The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1901-08-16
OFFICIAL PROCEEDINGS
Of the Board of County Commission.
ers, Yellowstone County.

Billings, Mont. August IL, 1901.
The board met pursuant to adjourn
ment alto o'clock a. M, there were
present w. O. Parker, chairman, Pat
Lavelle and S. X. Deverill.
The minutes of the last meeting
were read and approved.
The bond of John McCurdy, trustee
for road district No. s was approved
and filed.
The following persons were appoint
ed road trustees in place of those who
have failed to qualify:
Harley Hall and w. H. Clanton,
trustees for road district No. 2.
Ed Newman, trustee for road district
No. 8.
w. C. Battles, trustee for road dis
trict No. a.
w. D. Story, J.. w. Cole and w. L. C.
Mitchell, trustees for road district
No. 5.
James Porter. Jacob Line and Thos.
Triol, trustees for road district No. 6.
j. E. Smith, trustee for road district
No. s.
H. T. White, trustee for road district
No. 10.
o. R. Mcvay, trustee for road dis
trict No. II.
1t appearing to the board that no
persons in road districts Nos. 9 and27
would qualify as trustees; it was ord
cred that c. S. Schlaberg is appointed
agent of the county for road district
No. 8; and Max Schlee is appointed
agent of the county for road district
No. 81; it was further ordered that
said agents shall file a bond with the
county clerk in the sum of $1,000; that
they shall take charge of the roads in
their respective districts and keep
same in repair subject to the orders
of the board.
In the matter of the redemption of
the legal outstanding bonds of the is
sue of 1891:
S1CAh PASoCASOu q SOA1AAuAAASo
ton from the state board of land COM
missioners dated July 26, 1901, in
which it was stated that the state
treasurer and the state board of land
commissioners waived all preference
rights, under House Bill No. II, for
the purchase of said bonds.
TLo fo111,rrr ,no@J,%;1~ ,,o ,,rop
motion adopted:
Whereas, There are now legal out.
standing bonds of the county Of Vel.
lowstone, state of Montana, to the
amount of $50, 900, Of the issue OF
|October /, 1891, drawing interest at the
rate of six per centum per annum,
which are redeemable October 1, 1901.
and which are payable October l, 1911;
and.
Whereas, The board of county com
missioners, of said county, is of the
opinion that said bonds can be refund
ed and redeemed by the issuance OF
coupon bonds of said county bearing
interest at the rate of four per centum
and that it is for the best interest
of said county to so refund and re
deem said bonds; and
Whereas, Under House Bill No. u
of the Seventh Legislative Assembly q
the state of Montana, said bonds were
offered to the treasurer Of the state
of Montana; and
Whereas, Under date of July 26
1901, said state treasurer and the STATE
board of land commissioners have
waived all preference rights to tn
!, purchase of said bonds; and
Whereas, The treasurer of sal,
:, county of Yellowstone has been in
~structed to call in and pay off, on o
before October l, 1901, said bonds t
i. the amount of $4,000. commencing a
No. l to No. IA, both inclusive;
Now Therefore, Be 1t Resolved
That under the provisions of Articl
= III, Chapter II, Title III, Part " of tn
~ Political Code of the state of Nor
tana, and for the purpose of redeemin
- the aforesaid legal outstanding bond
to the amount of $4,000, the board {
county commissioners of the sal
county of Yellowstone issue on tn
credit of the said county, coupon bond
to the amount of $45, 900, in the mai
ner following: That is to say: Fort,
five (45) coupon bonds of the demon
ination of $1,000 each, to be dated o
tober l, 1901, and payable to beare
III twenty years from date of issue, nam
" ly, October 1, 1921, and redeemab
u on and after ten years from date
issue, namely October l, 1911, and tt
interest which said coupon bonds sha
To- be represented by forty interest co
c.' pons to be attached to each of sa
bonds, payable semi-annually on tt