The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1902-09-11
TIE BRIDGE BONDS.

The County Commissioners author
lzed an issue of bonds to the
amount of 100000 to raise money tc
pay for the construction of the Mifflin
vile bridge. On Thursday of las,
week the entire issue was awarded tc
J. N. Thompson, Cashier of the Farm
ers National Bank.
The following is the official action
of the commissioners authorizing the
bond issue.
"Whereas the County OF Columbia
has incurred a debt for erecting a
county bridge over the Susquehanna
river, at or near Mlfillnvile, said
county, and for engineering and other
expenses connected Herewith amount
ing to 500, 100000, and
"Whereas the actual Indebtedness
of said county in the aggregate does
not exceed two per centum upon the
assessed valuation of the taxable prop
erty therein, as fixed and determined
by the last preceding assessed valua-
ton thereof, viz: $II,7so,9I7, and,
"Whereas the County Commission
ers of said Columbia County, on the
2Sth day of July, 1902, by vote duly
recorded on their minutes, did author
ize and direct the incurring of such
debt 10 the amount aforesaid, and did
authorize the issue Of coupon bonds
therefor, in sums not less than one
hundred dollars each, bearing interest
at rate not exceeding four per cent.
per annum, payable semi-annuallv on
the first days of October and April OF
each year, AMI the principal therefor
reimbursable at period not exceed
ing thirty years from said date, and
"Whereas on the second of Sep
temter, 1902, statement was pre-
pared showing the actual Indebtedness
of Columbia County to be the amount
of the last preceding assessed valua.
ton of the taxable property therein to
be $II,75o,9I7, the amount of the
debt incurred, viz: 500, 1000, the form,
number and date of the maturity OF
the obligations to be issued therefore,
to which statement was appended the
oaths of w. H. Fisher and Nehemiah
Kitchen, County Commissioners OF
Columbia County, that the facts stated
therein were true, and
EEINharaoe tLa co;l 1,,os,.
to as aforesaid, was duly filed of record
by said Commissioners in the Office of
the Clerk of Quarter Sessions of Co
lumbia County on the second day OF
September, 1902:
Now, therefore, be it resolved that
coupon bonds, amounting altogether
to 100000 be issued by the SAID
county of Columbia.
"That said bonds shall bear interes.
at the rate of four per cent, payable
semiannually on the first days OF April
and October of each year, beginning
April I, 1903.
"Be it further resolved that the
bonds issued as aforesaid, both as to
principal and interest, shall be payable
without deduction for any taxes, which
the County of Columbia may be re-
quired to pay or retain therefrom,
under any present or future laws OF
the United States or the Common
wealth of Pennsylvania, and that a
clause shall be inserted in said bond,
embodying the above resolution and
requiring the County of Columbia to
pay any such tax, when and as the
same may fall due"
The schedule provides for TAT bonds
the first one falling due in 1908, and
the last in 1850. They are in denom-
nations of $Ioo, $aoo, $500 and
$1,000. The contract for printing the
bonds was awarded to c. E. Randall
of Catawissa for $45.oo.