The Owosso times. (Owosso, Mich.) 1897-1926, 1907-05-31


the fifteenth day Of August, A. D.,
nineteen hundred seven. for the pur-
pose of having the question Of the
borrowing sum of money not exceed
ing eighty thousand dollars and issuing
bonds therefor, for the purpose of pay.
ing said obligations, voted upon by the
qualified electors of said county. IL at
the special election above provided for,
majority of the qualified electors vot-
ing on the question of borrowing said
money and issuing bonds therefor, for
the purpose of paying said obligations,
shall not vote in favor thereof, then
said board of supervisors is hereby au
thorized and empowered to order a
special election for the purpose of hav-
ing the question of borrowing sum of
money not exceeding eighty thousand
dollars and issuing bonds therefor, for
the purpose of paying the obligations
mentioned in section one of this act,
and interest thereon as stated in said
section, voted upon by the qualified
electors Of said county, after said fif-
teenth day of August in the year nine.
teen hundred seven, whenever and az
often as special election for that pur.
pofe is deemed advisable by said board
of supervisors. If at any time when
said question is submitted to the quail
fed electors of said county, a majority
of said electors of said county voting
thereon shall not vote in favor thereof,
then the board of supervisors may, in
its discretion, submit the question of
raisinga sum not exceeding eighty
thousand dollars and issuing bonds
therefor, for the purpose of paying the
obligations mentioned in section one of
this act, and interest thereon as stated
in said section thereafter as often as it
may deem advisable, provided the same
is submitted at a special election called
for that purpose: Provided, That
whenever the question of raising money
for the purpose of paying said obliga-
tions and the interest thereon, is sub
mitted to the qualified electors of said
county in pursuance of the provisions
of this act, the board of supervisors
shall submit the question of raising the
specific sum of money necessary to pay
the obligations specified in section one
Of this act. and the interest thereon as
stated in said section at that time.
which sum shall be ascertained by add
ing to the total amount of the princi-
pal sums of said obligations, the inter
EST on each of said obligations computed
thereon at four per cent per annum.
from the time interest is payable there
On as stated in section one of this act,
until the date of the submitting of said
question: Provided, however, said |
amount shall not exceed eighty thous-
and dollars in all.
Section 3. AT any special election at |
which the question of raising said mon
BY for the purpose of paying the obliga-
ions mentioned in section one of this
act and the interest thereon as statedin
,aid section, is submitted to the quail
led electors of said County of Shiawas
zee, under the provisions of this act,
public notice of such special election
IND that the question of raising
specific sum Of money, not exceeding
eighty thousand dollars, for the pur
pose of paying said obligations and in
crest, will be submitted to the qualified
electors of said county thereof, shall
,e given by order of the board of su-
,ervisors, signed by the county clerk,
~, publishing said notice in at least
printed, published and
circulating in said County of Shia-
vassee, once in each week for at least
hree weeks Immediately preceding the
ime fixed for such special election. and
~ posting copy of such notice in at
east five public places in each of the
everal townships and wards in said
ounty, not less than two weeks before
he time fixed for holding such special
lection, and the time fixed for holding
UGH election shall be sufficient in which
o give the notice required by this act.
Section 4. The vote upon such propo'
ition whenever submitted, SHALL be by
rinted ballots, which ballots shall be
rinted separately and contain the fol-
owing words respectively;
"For bonding the county to repay
money borrowed by the county treasur-
r and used in the construction of the
curt house and to pay certain floating
of the county. Yes"
For bonding the county to repay
money borrowed by the county treasur-
r and used in the construction of the
curt house and to pay certain floating
Indebtedness of the county. No."
The inspectors of election in each
ownship and ward in said county shall
ave charge Of and conduct all special
lections at which the question of rails.
ng said money is submitted to the quail.
led electors of said county, and they
hall have the same powers, perform
he same duties, receive the same com.
ensation, conduct such special cleo.
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