The herald-advance. (Milbank, S.D.) 1890-1922, 1908-10-16
Notice Of Bond Election.
RESOLUTIONS

Whereas, Petitions have been fled. signed by
G. Stengle and other residents ana tax payers of
Grant iounty, south Dakota, praying for the
construction of a suitable Court House, with
proper eunipmeuts, for said County. and,
Whereas, IN the alignment of all and a major
ity of the board of County commissioners of
said county. said Grant County has al iusuffi-
Gent and inadequate building for Il court house,
in THE, that the same ie not large emo. Oh to
properly accommodate the people and care for
he public records, and is not fire proof. and,
Whereas, said county has more than 500 voters
and has been organized for more than four
wears, and the county seat has been permanent
ly located at Milbank according to law, and
Whereas, said County has not sufficient funds
on hand with which TO erect such buildings with
proper equipments, and that in order to perform
eaid acts and construct said building 1t VIII be-
come necessary for the county to borrow money
by iss aing bonds therefor, and,
Whereas, According to the last assessment of
eaid County the assessed valuation of its prop
erty was the sum of S., 563, 5000, and The out
standing Indebtedness OF said county Is the
sum Of $G4, 900. 90, and,
Whereas, SAID board of County Commissions
es did at a special meeting, called as provided
by law, and held at the office of the County Au-
ditor of said county. on the goth day of Septem-
Der. 1908, consider the question Of submitting
said proposition of Issuing bonds for the pur-
pose o ralsing funds with which reconstruct new
court house, and after due consideration did de.
Elde to submit said proposition to a vote of the
electors of said county for the reason that after
Ful consideration, 1t appeared that the present
curt house is Inadequate and insufficient for
- ne WhHls u otduG ouutN as we vaults At loo
small to hold the public records, and unsafe on
account Of the extraordinary risk by fire. and
n the Judgment of this Board of County Com
nissionere, said County has an insufficient and
Inadequate building for its use tor a court house,
THEREFOnE, BE II RESOLVED, That an
election for the purpose OF determining by vote
If the electors of said county the question OF
t(ssuing it's negotiable bonds not to exceed the
sum Of Eighty five Thousand Dollars. in de-
nominations of 81 ,000each bearing interest fir m
he date of their issue at the rate of AZ per cent
Der annum, payable semi-annually, to become
due in not less than five or more than twenty
Years from their date, with the option %authoriz-
'ng and permitting the county to pay saidbonds,
or any OF them, in five wears or multiple of five
years from their date, and before maturity of the
same, for the purpose of the erection OF a new
Court House for said County. be submitted at
he next general election within and for eaid
County. and that notice of said election be given
be by law provided.
notice OF election as published shall state the
maximum amount of the bonds to be issued and
Dated this 25th dav of September, 1905.
John ERICKSON. Chairman,
JULIUS FENNER.
r. A.. BERKNER.
Therefore, by virtue OF said resolution. and
the power and authority invested in the
Board of County Commissioners, under the laws
bf the State Of South Dakota, notice is hereby
klven that a bond election, within and for said
Jirant county, will be held on Tuesday, Novem-
Der 8, 1905, same being the general election day,
for the purpose of taking the sense OF the cleo
LUIS VI shIu Sohul uPoh pAS " .
ing negotiable bonds for said County, for the
bum of Eighty-five thousand dollars, in denomi-
nations of . 200 each, bearing interest from the
hate OF their issue at the rate of ~ per cent per
knnum, payable semi-annually. to become due in
hot less than five years or more than twenty
bears from their date, with the option, a%uthoriz.
Ing and permitting the county 10 pay the said
bonds, or any of them, in five years or multiple
bf Ave years from their date, and before maturi-
ty Of the same, for the purpose of providing
funds for erecting and building a suitable new
Eonrt house for said County.
That the polling places for said bond election
will be at the polling places designated and ee-
tablished for holding the general election on
said Sd day Of November, 1908, and said election
shall be governed by the general election laws,
and the judges Of said general election shall be
hhe judges OF this election. The polle will be
bpen from 8 O'Clock in the morning and will
open until 5 O'Clock in the afternoon OF
laid day, and the returns of said election shalt
ebe made to the County Auditor Of said County.
Dated THE 26th day OF Septe nber. l9Oe:
CHAS McWATERS,
County Auditor.