The Sisseton weekly standard. (Sisseton, Roberts County, S.D.) 1892-1929, 1906-03-16
Mir

Mar %
NOTICE OF SCHOOL BOND ELECTION.
WHEREAS, The Board OF Education OF
w the Independent School District OF the
CITY of Sisseton, Roberts County, south Da-
kotu. did, on the 2Srd day OF February. 1906,
duly pass q resolution as follows.
Whereas, in the Judgment OF the Board OF
Education Of :he Independent School District
of the city OF Sisseton, Roberts County South
Dakota, the present school buildings Eow 10
use In SAID district and city for the public
schools thereof are inadequate to accommo'
date the pupils of school age within such cor
poration, and more rooms and more teachers
are required to conduct such schools in /,
proper and advantageous manner; and,
Whereas. the present school buildings ate
uncomfortable in winter and ills Impossible 10
properly heat them with the present facilities
ing, or such portion OF Il rev school building
the financial condition of said school dis
trict Will permit The building of, including an
adequate heating plant therefor; and
Whereas there are now outstanding war
rants iss.ed by SAID District amounting TO
and representing az Indebtedness OF nearly
Eight Thousand Dollars which are drawing
interest at The rate OF seven per cent per an
Wl,reas. sand warrants ana die warrants,
now being issued for current expenses 81 SAID
District cannot be sold on disposed OF at par.
and ~ consequence thereof said District 10
many cascs j. Obliged to suiIer discount up
on such warrants Tor articles and supplies that
can only bc purchased for cash and.
Whereas IL lis the judgment OF said Board
THAT honds can DE issued pcatlt be rate Of
interest uu Exceeding I'VE per rrNl Ter ann N
With which to take mp such outstanding tout
mg Warrants representing such Indebtedness
and.
sufficient funds to erect such building and in.
siall Sucn heating plant nor 10 nay on said
floating iudeDincs~. and that IN order TO do
and perform sand acts 1t becomes necessary
for sald Board OF Educatlon 10 borrow money
for said purposes, therefore,
Resolved 'ly The Board al i5ducuttun OF the
lndeucndeul District of The city OF Sis~otou
thal sand school curpoIttiau shall take nm ana
BAY on said outstanding warrants ana that it
shall during the year 1896 ana as sc0n here
after as nracilcab!r erect on block seventh.
SIX t,t0 len sait city ,sf ~lsSetOn. now owned bV
snid school ccrpor;tton. a new school house
or "a wing thereof OF brick stone or other
heated Ventilated ana coulplr,cd and thai
the said Board OF Educationi is hereby authoriz-
ed and empowered TO employ an architect or
architects for the purpose OF preparil plans
for such school building and to do ana perform
such o,her acts as may be necessary 10 fully
carry out these resolutions, and be 1t further
Resolved mat said Board of Education be
and hereby is authorized to dispose of the
smaller one of the school buildings now ON
sand above described lots and apply the sum
realized thercfrom in part payment for said
new hui ding therefore be it,
Resolved that said Board of Education
shah, for the purposes aforesaid. Issue the
bonds of said District bearing interests not
exceeding five per cent per annum with in.
terest payable semi.annually in the sum of
Fourteen Thousand Dollars and in donominat.
ion OF One Thousand Dollars each, payable at
Such DlaceS as may he menrioned ,,non tho
face Of said bonds, and which bonds shall be
With the OPTION to paw the same ut any time
after ten wears and the Board of Educntion
shall be authorized and empowered to sell
said bonds tt not less than par. The insurance
of said bonds shall be upon the condition that
a majority of the qualified electors OF said
school corporation who shall vote on the
question for that purpose shall have declared
tl,ni,,