Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1905-06-30
NOTICE OF SALE OF IRRIGATION GOU-
pom BONDS.

Notice is hereby given that the Montpelier r.
rgation DISTRICT of Bear Lake County, Idaho is
about to negotiate and sell irrigation district
bonds In and to the amount of S3S, 10000; under
and by virture of an Act OF the Legislature or
the State OF Idaho, approved March 9th le05
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 properly and for the dls,ou
and for other and similar purposes.
The issuance of these bonds has been approved
by the legal two thirds majority OF the quallhed
electors, who are tax payers and holders of land
in the said irrigation district, voting at 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
That ali 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
of the whole amount OF said ponds, 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,
OF the expiration of sixteen years, ten per cent,
at the expiration of seventeen years eleven per
cent at the expiration OF santeen years se .nr
| years fifteen per cent at the expiration OF
i twenty years sixteen per cent, and shall bear
! interest not to exceed seven per cent per annum
| payable semi-annually on the LIST day OF January
and the lst 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 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
/ are issued by authority of the Act above men,
| toned, stating It's 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 ana
| TO make such allotments In such sums as may
| be for the best interests of the District.
All bids for these bonds must be addressed TO
THE Board of Directors, Montpelier Irritation
/ District" j. s. Robson, Secretary, Montpelier,
! Idaho, and must be accompanied by certified
check In the amount of five per cent OF the
! amount of the bonds bid for. such check 20 be
drawn in favor of the Bot I'd of Directors OF the
| Montpelier Irrigation District, and 10 have no
condition endorsed thereon, except as set forth
/ In this notice.
I, Bonds for which bids are accepted will be de-
livered on or before the First day OF November,