Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1903-01-22


within the United States, at option Of
such purchaser; and which bonds shall
contain a recital in the following words;
Issued In pursuance of an act OF the
fifth legislature of the State of South
Dakota, entitled an act authorizing and
empowering organized counties of South
Dakota to erect county buildings for
court house and Jail purposes and to
issue and dispose OF bonds to provide
funds to pay therefore, and to provide
for the payment Of principal and inter-
est of such bonds, and shall be signed
in all other respects i'll due and legal
form and conditioned as required by the
laws of this state; and each OF said
bonds, and each coupon thereto attached,
shall be signed by the chairman OF the
board of county commissioners and
attested by the county auditor, and the
corporate seal of said county shall be
affixed to each of said bonds, but not to
such coupons; aud when so executed
and disposed of, the same shall be
deemed a valid and existing indebted
ness of said county.
Resolved; That for the purpose of
providing for the sale of said bonds the
county auditor of said county be, and
ne is hereby, instructed to insert and
cause to be inserted in the State Regis
ter, one of the leading newspapers pub
lished at Pierre, the seat Of government
OF this state; also in the Reporter and
Farmer, the Bristol Tribune and the
Andover Gazette, the official news-
papers Of said county, being news
papers of general circulation published
III said county, an advertisement of said
bonds for sale, and notice that sealed
bids for the purchase OF the SAINT will
be received by the county commission
ers of said county, at the Office Of the
county auditor in Webster, in said
county. to and until ten o'clock in the
forenoon of the third day Of March,
1908, at which time the same will be
opened; which said advertisement and
notice shall fully describe said bonds so
offered for sale, as to their legal effect,
date Of issue, amount thereof, rate of
interest, when due, and that a deposit
OF five per cent of such bids be made by
bidders for said bonds as an evidence
hat such bids are made in coed faith,
and other particulars sufficient to
enable purchasers to understand the
nature Of the contract; which adyer-
tisement and notice shall be published
in each and all of said newspapers at
least once a week for four successive
weeks prior TO said date of opening such
bids, aud shall contain a clause reserv-
ing to this board the right to reject any
and all bids.
Resolved; That said bonds, or any
of them, shall not be sold until after
the same have been duly advertised as
provided in the preceding resolution,
and not then unless satisfactory bids
therefor shall have been received; that
the same shall not be sold for less than
par value, and hat the proceeds
thereof, when sold, shall be applied,
solely, to the payment OF Indebtedness
incurred i'll the erection of a court
house and Jail for the use of said
county.
Resolved: that for the purpose of pay
ing the interest and also the principal
of said bond when due that there be,
and hereby is, levied upon the taxable
property of said Day o5dnty, South
Dakota, an annual tax as follows:
< For the years 1908 to 1912 inclusive
the sum of $4,000. 90, each year.
For thu years 1913 to l9l Z inclusive
the sum of 1880. 90, each year,
For the years 1918 TO 1922 inclusive
the sam of $4,000. 90, each year.
Resolved; that when this board of
county commissioners adjourns, it
adjourns TO meet on the third day of
March, 1908, at ten o'clock in the fore
noon of that day, and that at that time
it proceed to open and consider such
bids as shall have been then received
for the proposed purchase of bonds to be
issued that date for the erection of a
court house and Jail; and transact any
and all other business which may come
before us touching the said matter and
the erection of county buildings afore-
said.
Resolved; That when this board of
county commissioners ~adjourns, it
adiourns to meet on the third day of