Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1905-06-02
NOTICE OF SALE OF IRRIGATION 6OU-
pom BONDS.

Notice is hereby given that the Montpelier Tr-
rlgatlOn District OF Bear Lake County, Idaho, is
about to negotiate and sell irrigation district
bonds in and to the amount of $65, 00O0; under
and by virture Of an Act of the Legislature of
the State OF Idaho, approved March 9th 1903
and all acts amendatory thereto, relating to the
organization and government Of irrigation dis
tricts. and TO provide for the acquisition OF
water and other property and for the distribu-
ton or water thereby for irrigation purposes
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
in the said irrigation district, voting special
election called and held for that purpose in said
district on the 18th day of March 1905, and duly
canvassed and returned and so certified by the
canvassing board.
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, Ave per cent
OF the whole amount Of said bonds at the ex-
piration OF twelve years six per cent, at the ex-
piration of thirteen years, seven per cent, at
the expiration of fourteen years. eight per cent,
at the expiration OF fifteen years nine per cent
Mt the expiration Of sixteen years, ten per cent,
at the expiration of seventeen years eleven per
cent, at the expiration of eighteen years thfr-
years fifteen per cent, at the expiration of
twenty years sixteen per cent, and shall bear
payable semi annually on the LIST day of January
and the 1st day of July in each year. The prin
cipal and interest OF said bonds shall be pay
able at Montpelier, Idaho, or Well Fargo & Com
pany Bank in New York City. N. Y. Said bonds
shall be each of the denomination of not less
than fifty dollars nor more than Ave hundred
dollars, shall be negotiable in form and be
signed by the President and Secretary and >the
seal of the Board of Directors shali 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
are issued by authority of the Act above men,
toned, 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 ut the option of the bidder, The Board
reserves the right to reject any and all bids and
10 make such allotments in such sums us may
be for the best interests of the District.
Ali bids for these bonds must be addressed to
The Board of Directors, Montpelier Irrigation
District" j. s. Robson, Secretary, Montpelier,
Idaho and must be accompanied by certified
check in the amount of five per cent of the
amount or the bonds bid for, such check to be
drawn in favor of the Boz I'd OF Directors of the
Montpelier Irrigation District, and TO have no
condition endorsed thereon, except as set forth
III this notice.
livered ON or before the First day OF November,