The Owosso times. (Owosso, Mich.) 1897-1926, 1906-03-16
Notice


or submitting to n vote of the Electors OF
Shiawassee Courty the question OF raising the
sum OF 100000 by loan, S6l 3bl 81 TO be placed
to the credit OF the building fund OF said County
and S3S,63S 63 to be placed to the credit of the
contingent fund OF said County
Counts Clerks Office
Shiawassee County Michigan.
To the Sheriff OF the County OF ShiawaSsee;
Notice Is herby given that at the annual town.
ship ting 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
Of the courthouse in the city of Corunna, Sha-
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 S6l36l.37 over and above
the sum of 900 appropriated by the people of
said county therefore, and IL also appearing that
the said county of Shiawassee has not sufficient
money In the contingent fund OF said county TO
pay the current expenses, and that S3S 63S.63
will be necessary to pay the current expenses
for 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
s61 S6l 81, and for the purpose Of furnishing
the money to carry on the expenses for the en-
suing year, and TO pay all indebtedness OF said
county that has accrued on account OF deficien-
cies for the past years amounting to about s40,-
600 that loan be made by said county of Shia-
WaSSee OF Jne sum OF dol,30l.0I 10 De
placed to the credit of the building fund of
said county and S3S 63S. 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
to draw interest at q greater rate than four
> par cent. per annum, payable semi annually
and said bonds to be paid as follows: $4,000
two years after date of Issue; $4,000 four years
after date of issue; 1900 five years after date
of issue; $40 600 seven years after date of issue
SlO000 eight years after date OF issue; &c., 90
ten years after date OF issue; $4,000 eleven
years after date of issue; $4,000 thirteen years
after date of issue; $4,000 fourteen years after
date OF issue; SlOC COO fifteen years after date OF
issue.
Said bonds shall be advertised for sale by
the treasurer Of Shiawassee county, and at it's
expense, In ore or more OF the prominent
financial journals of the country for a 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, aud
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 for the purpose only
of paying the sum of SOL 36l37 for the building
Of the court house in the City OF Corunna, said
county. paying Tor the furniture of said court
house, and paying for the walks and ap-
proaches and grading the ground; and the
balance OF said amount so derived from the
sale OF said bonds 10 be placed in tho contin
gent fund OF said county, and to pay all opiga
tons that have been incurred by said county.
. Resolved, Further, tnHG there be submit
ted to the vote of the electors or Shiawassee
county at the next annual township meeting in
said county, on Monday, the 2nd Gay OF April,
A. ID. 1906, the question of borrow wing the sum
of Sl00 90, such money to be used as aforesaid.
Resolved. further, that at least thirty days
previous to Monday the 2nd day Of April A. ID.
1906, notice OF this determination aud OF the
submitting of such proposition TO the voters of
said county be given by posting up in three
public places in each township. aud 10 each
voting precinct therein, ana each ward Of all
cities in said county, copy of this determine
ton and these resolutions ard that there shall
also be published in at least one newspaper
printed In said county for at least three success
sive weeks previous 10 the time OF such SUD
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 Shlawassee. 10 be used by the
electors OF said election, the following ballot:
'For the Loan
against the Loan }"
Resolved. further that on Monday, the 2nd
day OF April A. ID. 1905, 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 saio 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.
spectively and the vote shall be canvassed by
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 thereon snail 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 100000 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 properly of said
county in their respective townships, wards
and assessing districts In said county, sufli-
ciert 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 as
all other county taxes.
Resolved, further. that the county treasurer
of said county shall from time TO time said
interest and principal become due and payable
on said sum OF 100000 as evidenced by the
bonds OF said county. paw 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.
er, shall be his vouchers therefor, and when
presented TO the board OF supervisors OF Shia-
wassee county for allowance shall be duly au-
ditcd and allowed.
In testimony whereof hereby set my hand
and afnx the seal of the circuit court this goth
day OF February, A. ID. 1905.
JOHN Y. MARTIN,
: Countv Olerk