Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1905-05-12
NOTICE OF ShLE OF IRRIGATION 6OU-
pom BONDS.

NOTICE OF SALE OF IRRIGATION GOU-
pom BONDS.
Notice is hereby given that the Montpelier r.
rigation District OF Bear Lake County, Idaho, is
about to negotiate and sell irrigation district
and by virture Of an Act Of the Legislature Of
the State OF Idaho. approved March 9th. 1903,
organization and government Of irrigation dis
tricts. and to provide for the acquisition OF
on Of an Wassr ior Irrigation
and for other and similar purposes
The issuance OF these bonds has been approved
by the legal two thirds majority OF the qualified
electors, who are tax payers and holders OF LAND
electinn called and held for that purpose in said
district the 18th day of March 1905, and duly |
canvassed and returned and so certified by the
That all proceedings for the organization Of
said district and the issue and sale Of bonds
thereof have been confirmed and approved by
the District Court Of the district in which said
irrigation district is situated.
Said bonds shall be payable in money OF the
United States in ten series as follows, towit:
At the expiration OF eleven years. five per cent
piration of twelve years six per cent, at the ex-
piration Of thirteen years, seven per cent, at
at the expiration Of fifteen years nine per cent
at the expiration Of sixteen years. ten per cent,
cent s at the expiration OF eighteen years thir.
/ teen per cent, at the expiration OF nineteen
years fifteen per cent, az the expiration eo OF
| interest not to exceed seven per cent per annum
payable semi-annually on the list day Of January
and the LIST day of July in each year. The pr1n-
4 cipal and interest of said bonds shall be pay
able at Montpelier, Idaho. or Well Fargo Com
shall be each Of the denomination Of not less
4 than fifty dollars nor more than five hundred
dollars, shall be negotiable in form and De
signed by the President and Secretary and the
seal OF the Board Of Directors shalf be affixed
thereto Coupons for the interest shall be att
tached to each bond signed by the Secretary.
Said bonds shall state on their face that they
toned, stating its title and date OF approval.
Said bonds are offered in sums less than the
amoIns an tSe option 20 the The
reserves the right to reject any and all bids ano
TO make such aliotments IN such , sums as may
All bids for these bonds must be addressed 10
The Board Of Directors, Montpelier Irrigation
/ Idaho, and must be accompanied by certified
check in the amount of five per cent OF the
drawn in favor of the Boz I'd of Directors of the
I. Montpelier Irrigation District. and 10 have nc
! condition endorsed thereon except as set forth
Bonds for which bids are accepted will be de
/ 1905, at which time payments must be made il
full for the whole amount OF bonds SO alloLeo
! date. the said amount represented by said Ger
tilted check shall be forfeited to the SAID Mont
. ages accruing to it for such failure.
v No bids shall be received for less than the pa
q Sealed bids will be received at the office of tn
i Montpelier Irrigation District in Montpelier
! Idaho. up to ten O'Clock q. m. on the 18th day
!. June, 1905 and the same will be opened by 10
= Board of directors of said District at two ocloc
~ %. M on said day, at the office of said Board
= Montpelier, Idaho in the presence OF all PEE
sons wishing to attend.
Full information relating to the financial COZ
In dition, taxable wealth and legal status OF ID
= District will be furnished by the Secretary Q
application. ,oo
Witness our hands this 4th day OF May. $50
= w. J. HUNTER,
CHAS STEVENS,
JOHN II. BRENNAi
b. Attest: Board of Director
ng J. S robson, Secretary,
on First pub May 5.
de ~