The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1902-11-01
Notice of Sale of Irrigation District
Coupon Bonds.

coupon BOnuS.
Notice is hereby given that the Weser
Irrigation District of Washington county,
Idaho, is about to negotiate and sell Irri-
cation District Bonds in and to the
amount Of $40, 000.0 90 TO be known as
purchase bonds, and $50. 000 90 to be
known as Improvement bonds, aggre-
eating a total of $780, 900 90; under and
by virtue oof the laws of the state
of Idaho, approved March 9th, 1899,
and all acts amendatory thereto, re-
lating to 1.-THE organization and gov
eminent of irrigation districts, and
to providefor the acquisition of wafer
and other property, and for distr-
button of water thereby for irrigation
purposes and for other and similar pur-
poses
The issuance of these bonds has been
approved by the legal two-thirds major
ity of the qualified electors, who arc
taxpayers and holders of land in said
Irrigation District at a special election
called and held for that purpose in said
district on Monday, August 18th. 1902,
and duly canvassed and returned and so
certified by the canvassing board
Said bonds shall be payable in money
Of the United States IN ten series as fol-
lows, 10 wit: At the expiration OF
eleven years, five per cent of the whole
amount of said bonds; at the expiration
of twelve years, six per cent; at the ex-
plratlOn of thirteen years, seven per cent:
at the expiration of fourteen years, eight
per cent; at the expiration of fifteen
years, nine per cent; at the expiration of
sixteen years. ten per cent; at the expi-
ration OF seventeen years. eleven per
cent; at the expiration of eighteen years.
thirteen per cent; at the expiration of
nineteen years. fifteen per cent; at the
expiration of twenty years, sixteen per
cent, and shall bear interest not to exceed
seven per cent per annum, payable semi
annually, on the first day of January and
the first day Of July in each year The
principal and interest of said bonds shall
be payable at Weiser, Idaho or at Wells,
Fargo and Company's Bank in New York
City, New York.
Said bonds shall be each of the de-
nomination of not less than one-hun-
dred dollars nor more than five hundred
dollars, shall be negotiable in form and
be signed by the president and secretary,
and the seal of the board of directors
shall be affixed thereto
Coupons for the interest shall be at
tached to each bond, signed by the
secretary. Said bonds shall state on
their face that they were issued by au-
thority of this act, stating its title and
date of approval.
Said bonds are offered in sums less
than the whole amount so to be issued.
or the total amount at the option of the
bidder. The board reserves the right to
reject any or all bids, and to make such
allotments in such sums as may be for
the best interests of the district
All bids for these bonds must be ad-
dressed to 1.-The Board of Directors.
Weiser Irrigation District, o. M. Harvey
secretary, Weser, Idaho" and must be
accompanied by a certified check in the
amount of five per cent of the amount of
the bonds bid for, such check TO be
drawn in favor Of the Board OF Directors
OF the Weiser Irrigation District, and to
nave no conditions endorsed thereon ex-
cept as set forth in this notice.
Delivery OF the bonds to be made as
follows:
The $40, 10000 of purchase bonds on or
before January the Bird. 1903, and the
wv OOO.O w improvement bonds on or be-
lore October the 1st 1903, at which
time the above payments must be made
IN full for the whole amount of bonds 50
allotted, and If payment is not made on
or before that date. the said amount rem
resented by said certified check shall he
Tor cited TO the said Weiser Irrigation
District in satisfaction OF damages ac-
crulng 10 it for such failure.
No bids will be received for less than
par value of said bonds.
SAID bonds and coupons will be of
standard Autographed type form.
Sealed bids will be received at the Of.
flee of 0. M. Harvey, in Weiser. Idaho.
up to 10 O'Clock a. m. on the 18th day of
December, 1902, and the same will be
opened by the board of directors of said
district on the 18th day of December
1902 at o'clock p. m. at the office of
said board in Weiser, Idaho, in the
presence of all persons wishing to attend,
Full Information relating to the finan.
cial condition, taxable wealth and legal
status of the district, will be furnished
oy the secretary on application.
Witness our hands this 7th day Of
October, 1902.
A. j GREEN,
J. B. HEMENwAY,
IRA HOPPER,
A. G. BUTTERFIEI,D
j. d. BENSON