The Owosso times. (Owosso, Mich.) 1897-1926, 1906-03-09
Notice

or submitting to a vote of the Electors of
Shiawassee County the question OF raising the
sum OF slSGoO9 py osn SS t SUI q TO- pc placed
and S3s, e38 63 to be placed to the credit of the
contingent fund of said County.
County Clerks office,
Shawassee County, Michigan.
To the Sheriff Of the County OF Shiawassee:
Notice Is herby given that at the annual town.
ship meeting to be held on the first Monday in
April, 1906, the following proposition will be
submitted to the electors
Whereas, 1t appearing that the construction
or the courthouse in the city OF Corunna, Shia-
wassee county, the grading of the grounds, the
construction OF the walks and the approaches
thereto and the furnishing OF the same with
suitable and proper furniture has cost an ad.
ditional expense Of 81 over and above
the sum OF $4,000 appropriated by the people of
said county therefore, and 1t also appearing that
the said county of Sh1awaSsee has not sufficient
money In the contingent fund OF said county to
pay the current expenses, and that 1888, 63S SO
Will be necessary to pay the current expenses
Tor the ensuing year, therefore be 1t
Resolved, That for the purpose OF paying
said additional sum that said court house,
grading OF the grounds, walks and approaches
thereto, and the furniture for the same has
cost, and the obligations of said county that
have been incurred therefore, being the sum of
SOL $685. and for the purpose of furnishing
the money to carry on the expenses for the en-
suing year, and to pay all indebte dness of said
county that has accrued on account OF deficien-
cies for the past years amounting TO about s40,-
OOO mat loan be made by said county of Shia-
wassee of the sum of 100000, s6l, 81 to be
placed to the credit of the building fund of
said county and S3S63S.63 10 be placed to the
credit Of the contingent fund of said county,
and that bonds to that extent be issued by the
proper officers of said county, said bonds not
IA draw interest at greater rate than four
per cent. per annum, payable semi annually,
and said bonds to be paid as follows: Sl00
two years after date OF issue $4,000 four years
after date OF ISSUE $40, 0t0 tive years after date
OF issue; $40 900 seven years after date of issue:
$40 900 eight years after date Of issue; Sl0I 90
ten years after date OF ISSUE $4,000 eleven
years after date of ISSUE $4,000 thirteen years
after date OF issue; coo fourteen years after
date OF ISSUE $4,000 fifteen years after date OF
issue.
Said bonds shall be advertised for sale by
the treasurer OF Shiawassee county, and at its
financial journals of the country for period
OF 30 days before the date OF the sale OF said
bonds, and the bids shall be received by COM
mittee consisting OF the treasurer, county
clerk and Judge OF probate OF said county, and
the bonds shall be sold to the highest bidder
therefore, and the proceeds, both principal and
premium, derived from the sale of said bonds
shall be turned over to the treasurer of Shia-
Wassee county to be used o for the purpose only
of the court house in the City of Corunna, said
county paying for the furniture OF said court
house. and paying for the walks and ap-
balance OF said amount so derived from the
sale OF said bonds to be placed in the contin
gent fund OF said county, and to pay all obliga
tons that have been incurred by said county.
Resolved, Further, that there be submit
ted to the vote OF the electors of Shiawassee
county at the next annual township meeting in
said county, on Monday the End day Of April,
A. ID. 1906, the question OF borrowing the sum
of S100 QUO, such money to be used as aforesaid.
Resolved, further, that at least thirty days
previous to Monday the End day of April, A. ID.
1905, notice OF this determination and OF the
submitting of such proposition to the voters OF
said county be given by posting up In three
public places In each township, and IN each
voting precinct therein, and each ward OF all
cities In said county, q copy OF this determine
ton and these resolutions and that there shall
also be published In at least one newspaper
printed In said county for at least three success.
stve weeks previous to the time Of such sub
mission and voting copy of this determination
and these resolutions.
Resolved, further that the board of election
commissioners OF Shiawassee county are here
by instructed to have printed and delivered to
the proper officers OF each election precinct OF
said county of Shiawassee. to be used by the
electors OF said election, the following ballot:
"For the Loan( }
Resolved. further. that on Monday, the End
day of April A. ID. 1905, q vote of the electors OF
said county shall be taken in each OF the town.
ships, wards, cities and election districts In
said county upon said question, and that the
manner OF voting on said proposition shall be
as follows: The inspectors receiving the votes
shall, in the townships, and In each voting dis
trict thereof be the same as required at town
ship meetings, and In cities or wards the same
as required at the city or ward elections, re
the same officer and in the same manner as re.
quired at such township meetings, city or ward
elections respectively; and the results Of such
votes and the statements thereof shall be
made and certified by them and transmitted to
the county clerk OF said county within ten days
after such vote shall be taken.
Resolved further, that in case said PROPOSE
tion shall carry, during each year thereafter
until the said sum OF sl00,0c0 together with the
interest thereon, is fully paid, the supervisors
of the different townships and OF the wards OF
each city In said county and the assessing
officer OF each assessing district OF said county
shall spread upon the taxable property OF said
county in their respective townships, wards
and assessing districts In said county, sum
cier I sum of money each year TO pay the inter
est on said loan, together with the principal
thereon as IL becomes due end said taxes shall
be spread and collected in the same manner ~
oil other county taxes.
Resolved, further. that the county treasurer
OF said county shall from time TO time as said
interest and principal become due and payable
on said sum OF 100000 as evidenced by the
bonds OF said county. pay to the bondholders
the amount so due thereon, and that the cou
pons for the interest and the bonds for the
principal, when so paid by the county treasur
err, shall be his vouchers therefor, and when
presented to the board OF supervisors OF Shia
wassee county for allowance shall be duly au-
dited and allowed.
In testimony whereof hereby set my hand
and affix the seal OF the circuit court, this goth
day OF February, A. d. 1905
JOHN Y. MARTIN,
ea---- s,sAS County Clerk.