The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1905-03-30
standing Indebtedness evidenced by tn. war

standing indebtedness evidenced By the war
Whereas, said bends have been heretofore
ordered. and sinkink fund provided Tor We
payment thereof, principal aud Interest ~ we
same natures, and said bonds nave oeeh SOW
at the meeiing Of the trustees on January =,
1905. TO q. II, Conn. OF Chicago lninois.
Now, therefore, be il ordained that the
bonds Of said village shall BE- hthosraphsa'
signed and executed IN The following form
uNITEn STATES OF AMERICA
STATE OF IDAHO
No. 100000
Municipal Funding Six per cent konds OF the
Village OF Nezperce, series OF 100
Know ali msn by these presents, that the
Village OF NeEFNrcr, municipal corpofatlon'
in >ez Perez County. state oi idaho. guy Or
ganized under the laws OF the sAlo sts.e, y
promises 10 pay 70 g n. Conn or nesfer. on
the second day OF January. one Thousand
Nine Hundred and Fifteen, the prinelpsl sun
OF One Thousand dollars ui Oo0Ool in lawful
money OF the United states OF Amerie. 70
gether with interest thereon al The rate OF siN
per cent per annum, payable semi-anhneili
on the rst day OF January aud the ntst DAY OF
July OF each year during the existence OF the
said Indebtedness. and ON the presentation
aud surrender OF the coupons hereto httArhet
as they sevsraliy become due The pfihclpal
and Interest hereof are both payable At the
ONCE OF tbs village treasurer Nefpsfee'
Idaho.
Tais bond is one o. a series of six bonds OF
pose OF funding the floating debt as evidenced
oy the warrants OF said village, ana tne sHid
village OF Nexperce does hereby covenant and
agree TO aud with the holder Of this bond ani
the coupons hereto attached. that the iuli
faith, credit and resources OF said village are
aud shall forever hereafter continue 20 De iu-
vtOlably and trrevOcaOly pledged Tor the pay
ment OF interest and principal hereof. a. they
become due, aud
II is hereby certified aud reeited that this
bond and the entire series OF bonds, OF which
Ia I. - A
in full conformity with the provisions OF an
act OF the legislative Assem- oly OF TIE state Of
idSho. entitied AN act TO provide ior ths
issue and sale OF municipal coupon bonds of
incorpOr ated cities and towns for the applica-
ton Of the funds derived from the sale thereof
and 10 provide for the payment OF the prinei-
nal and interest thereon, approved February
2. 1898.
Ii Is further certified and rseited that tbs
form OF this bond with liz reeitals have been
by ordinance by the village council Of said
village duly prescribed, aud that said issue OF
bonds were sold At not less than their par
value that all acts. conditions aud things TO
quired 10 BE- done, prece ent 10 and In con
lection With the issuance Of said bonds have
each. severally. properly done, happened and
performed in REGULAR and due form a. re-
iui.ed by Law; that the amount Of this Issue
;ogether with all other indie btedness OF said
village does not exceed nfteen percent OF the
real estate value Ia said village according TO
the assessment Of the year proceeding the date
hereof aud does not exceed any charter.
statutory or constitutional Limitation relative
thereto. that a direct snnual tax has been
levied required by the constitution and
statutes Of Idaho 10 make provision for the
collection OF TAX, -uffictent 10 meet the
interest on the principal hereof A. 10 secrIss.
aud 20 pay the principal Al It's maturity.
In witness whereof the said village Of >ez-
perez Nez Percs eounty. idaho. has caused
this bond 10 be signed BY It's mayor. aEtested
BY Its clerk and cOuntersigned BY It's treasurer
and sealed with its corporate seal and eou-
pons 20 be sigucd by its treasurer a. OF the
date OF this second day OF January, 1000
Attest: l. y, SWIFT,
r w. NIrcHrLL, CLERK Mayor.
C0untersigned; L. Z. sAtLApAf. Treasurer.
No. FORM o. COUPON 1000
On July I. 1895. the Village Of Nezperce, Ne1
Perez county. Idaho. hereby promises 90 pay 10
bearer thirty dollars 81 OBJ At the once VI the
village treasurer Nezperce, Idaho. for Interest
due that date on is fundinK bond No ---
4. r sALLADAY. Treasurer,
said bonds shall Do deposited with the Farm
ers' stole Rank Ia the village 81 Nefp-rcr
~ hieh bank shall manually exrhaags said
bonds for fhe warrsnts. provided 20 be taken
up In Ordinance Ne. 20. which warrant. shall
be duly cancelled and marked paid. and died
Df record a. so paid IN the records n the said
Village Of Nexperce. aud said Farmers state
sank Is then Instructed 10 forward said bonds
10 the First Sati0ual Hsnk. Chicago. toxethef
with their eertihf ate, showing she csncslla-
lion Of the warrants. 10 DO delivered 90 q a.
Conn at Sne said bank. upon his payment %
hem Of the sum DISK thousand ami steven
dollars 81 OIL 0Ol being the amount OF bis bill
Tor said bonds, accepted BY this council. Jan
nary 2 1906