The Leon reporter. (Leon, Iowa) 1887-1930, 1907-05-16
HOLD SPECIAL SESSION
Board of Supervisors Meet in Spec.
idl Session and Take Action on
Issuing Court House Bonds.
Leon. Iowa. May 3. 1907.


Board of supervisors met in special session
called by the county auditor, according to
law.
Members present John Hacker. A B Nc
Claran. S p Wiley.
The following was adopted by the board,
Whereas,
The board Of supervisors of Decatur county
Iowa. by due and legal proceedings hereto
fore had and entered into by law provided.
at the general election held on the 9th day of
November 1906, caused to be submitted to the
qualified voters of said county the following
proposition. to-wit:
Shall the board of supervisors of Decatur
county, Iowa. contract for and erect and
fully complete new court house in the pub
lie square in the town of Leon, Decatur coun-
ty, Iowa; borrow money for the erection OF
said building. and issue bonds to secure the
payment thereof. in the sum of $4,000. Said
bonds to draw interest at rate not to exceed
four per cent per annum. payable semi
annually. and lay and levy tax each year
not to exceed the amount provided by law in
addition to the usual taxes sufficient to pay
sal d bonds with principal and interest within
a period Of ten years. Said court house to be
erected and fully completed for an amount
in no case and under no circumstances to
exceed the sum of 100000 and. Whereas;
Said proposition was adopted by said cleo
tnp of soi6 ole ND hyr3 hn h0o pl
supervisors as by law required. and Whereas:
In.order to carry out the provisions Of the
proceedings had with reference to the cree
ton of said court house.it becomes necessary
to issue bonds of said county as provided,
and to fund the sum of s70.oO0.OO thereby. !,
Wherefore be it resolved: That the board
of supervisors direct to be. and there is here
by ordered issued bonds of the county of
Decatur, in the sum of S7O,0OO.OO to apply on
the erection of said court house. said bonds
to be known as the County of Decatur Court
House Bonds.
That said Bonds shall be in form substanti-
ally as given in Section 403 of the Code of 1897
| and shall bear the date of April 1st 1907.
| They shall be issued in the denomination
Of One Thousand $1,000 Dollars each, num-
bered consecutively from B One to seventy
| incluSively. and bear interest at the rate OF
Four p, rcentl g annum.payable semi-annu-
ally. on the First day of April and October
each year. which interest shall be evidenced
by Interest Coupons attached to each Of said
Bonds
Said Bonds shall become due and payabl,
as follows. to wit:
Numbers B. One to B. Seventy inclusiv,
being for the aggregate sum of S7O,0O0.00 shall
become due and payable on the first day o
April 1917.
Numbers B. One to B. Thirty-f five being fo
the aggregate sum Of S35 100000 shall becom,
payable on the First day of April 1872 or any
interest pay day thereafter. both interest ant
principal payable at the Office of the Count.
Treasurer in the City of Leon, Iowa. Be i
further resolved:
BY the said Board of Supervisors that sait
bonds be signed by the Chairman Of sait
Board. Attested by the County Auditor will
Seal of the County affixed thereto. and the in
terest Coupons thereto attached shall b'
signed by the Chairman of said Board attest
ed by the County Auditor and when SO ex
ecuted shall be registered and sold aud d e.
livered to the purchaser thereof as by Law
provided. that the proceeds of the said bond
shall be applied to the erection. building. ant
IL. ~. 4
approved this the Sd day of May 1907.
No further business appearing Board ad
journed to meet June Sd 1907.
JOHN f. HACKER.
Attest Chairman
II. G. SCOTT. County Auditor.