Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-03-12

Z Fleischman, care pauper".". GO 90
F Oswald, nursing pauper..". 7. 90
+ Ferguson do ...... 10 90
J II Connolly, care pauper...". 46 90
BILLS DIsAILowED.
Barney Hedican, care quaran-
tined persons.."...".""..".". 90
w p Clark, quarantine work.. Il 90
Above bills were disallowed for rea-
son that they were not proper county
charges.
Regarding the proposed issue of $780,
600 of refunding bonds of Fergus
county the following resolution was
passed:
Whereas, The county of Fergus has
an outstanding and unpaid indebted
ness evidenced by it's negotiable cou-
pom bonds to the aggregate amount of
Fifty Thousand Dollars, which bonded
indebtedness is due and payable under
the terms of an option of prior pay
ment therein contained, and the same
is a legal, binding and subsisting obi
cation of said county of Fergus, and it
is deemed to the best interests of the
county to issue bonds to refund said
outstanding bonds at a lower rate of
interest; therefore
Be it Resolved. BY the board of county
commissioners of the county of Fergus,
State of Montana, that there shall be
and there is hereby ordered issued the
negotiable coupon bonds of the county
of Fergus to the aggregate mount of
Fifty Thousand dollars for the purpose
Of paying and refunding a like amount
of the legal outstanding bonded in
debtedness of said county at a lower
rate of interest.
BE it Further Resolved, That the
bonds hereby authorized shall each be
designated "Refunding Bond" and
shall consist of fifty bonds of the de-
nomination of one thousand dollars
each, numbers one to fifty. both num-
bers inclusive. and shall he dated the
first day OF January. 1902, and shall be-
come due and payable on the first day
of January, 1922, or at any time before
said last named date after the expira-
ton Of ten years from the date Of said
refunding bonds, at the option of said
county, and the bonds hereby author
lied shall bear interest at the rate of
"A per centum per annum, payable
semi-annually, or the first day of Jan
uary and July of each year, which in
tcrest shall be evidenced by proper in
terest coupons to be attached to each
of said bonds. and both principal and
interest of bonds hereby authorized
shall be payable in lawful ~gold-coined
money OF the United States of America,
Of the present standard weight and
fneness, at the Office of the treasurer
Of said county, in the city of Lewis
town, Montana.
BE it Further Resolved, That said
bonds and coupons hereby authorized
shall be respectively in form substan-
TALLY as follows:
Form of Bond.D
UNITED STATES OF
AMERICA.
Refunding Bond.
State of Montana. County of Fergus.
No........ $1,000
Know All Men by These Presents,
That the county of Fergus, in the State
of Montana, acknowledges itself to
owe aud for value received hereby
promises to pay to bearer the sum of
One Thousand Dollars on the first day
Of January, A. d. 1922, or at any time
before said date after the expiration OF
ten years from the date hereof, at the
option Of said county, together with in
terest on said sum from the date here.
of until paid at the rate OF ~ per
centum per annum. payable semi-an.
nually, on the first days Of January
and July in each year, upon presenta-
ton and surrender of the interest cou.
pons hereto attached as they several!y
become due. Roth PRINCIPAL and inter.