The Pioche weekly record. [volume] (Pioche, Nev.) 1906-1908, 1907-02-22

VI OeilSI SNlueIceS OF such lr
debtedness, and which remain
. lawful obligations of said county
for the bonds \ provided +
be issued, at the rate Of sixtv
+ hye cents on the dolla
for the amount of sal,
original evidences of indebted
ness, principal and interest. ma,
f receive such bonds in exchang,
, and the Board Of County Com
mlssloners, upon the surrendeI
, Of such original valid bonds
coupling or other existing valie
evidences of Indebtedness to the
County Treasurer, may authorize
the County Treasurer to issue
and deliver to such holder OF
holders of such original valid
bonds, coupons or other existing
valid evidences of Indebtedness.
upon surrender thereof. bonds
herein authorized TO be issued
to an amount equal to sixty-fve
cents on the dollar of the amount
OF suce origina valid bonds
coupons or other existing valid
evidences of indebtedness, when
received by the County Treasurer
shall be marked paid and cancelled
and a record of said original valid
bonds, coupons or other existing
valid evidence of indebt-
edness, showing the form
of such evidences Of Indebtedness
numbers, dates and amounts of
bonds and coupons, and from
whom received, shall be made
and the same shall at all times be
open to inspection by the public.
The County Treasurer shall
keep a careful record of all
transactions under the authority
OF this Act, and a record Of the
number, date and time of paw
ment OF each bond and coupon
delivered to him under the
authority of this Act.
The County Treasurer shall
also report, under oath, to the
Board Of County Commissioners
seml-annually, a statement of all
bonds issued and delivered under i
the authority of this Act, if any
which or sold or exchanged bv {
MN since the preceding report, s
and the date of such sale or ex-
change, and, when exchanged, a
lst or description of the evidences :
II county Indebtedness exchang- n
ed therefor, and the amount of n
money from principal and other i,
sources, including accrued inter T
st received by him on such sale n
r exchange, which latter sum Q.
nall be charged to him as money +
ecelved by him on bond fund. NJ
nd SO entered by him on his ec
ooks; but such bonds shall not in
e sold or exchanged for any d,
ldebtedness of the county, ex- OF
apt by the approval of the st
oard of County Commissioners 50
said Lincoln County, tn
In case the holders of any of n,
lie Indebtedness mentioned in es
9ctlon one hereof shall not be- nc
llllng to exchange the same sa
ader the terms and provisions tn
this Act, but are willing to ac- of
'pt money in satisfaction of mr.
lelr said demands at the rate Of all
xty-fve cents on the dollar of tb
e amount Of their said demands. mr.
Guiding interest, the County no
'mmlssioners of Lincoln County mn
an affirmative vote of IL
aJority of the members there M
IN case all or any part of the na,
tire Indebtedness can be settled aft
an amount equal to sixty-fve MOI
nts on the dollar upon the full So,
lount of such Indebtedness bo,
" order all or a sufficient cal
mber of said bonds to be sold on,
: money for such purpose. but cat
sale shall be made of the wit
ne or any part thereof, except be
the highest bidder, after in
Vertlslng for bids for the Dur Tre
ase OF the same for not less me,
IN three weeks in at least one wb
Nspaper published in the Tf :
lnty, if there be newspaper ed
ollshed in the county, and in ney
ne newspaper of general Sen
culatl0n published in tba c+,+o
right to be reserved in such to.