The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-05-16

the Treasurer OF Iron county agricul-
tural society in the sum Of $442. 80 as
appropriated at the annual meeting Of
this board ia October 1907.
Roll called on the above motion as
follows; Benson yes, McLaren yes,
Edwards yes Bjork yes. lobe yes.
Carlson yes. Scott yes. Whitehead yes.
Dawson yes, Richards yes. Motion
carried.
Moved by Jobe and seconded by Scott
that the chair appoint two members TO
act with himself as committee to ar
range for the taking out of all tele-
phones except the one in the court
house. Motion carried.
The following resolutions was passed
by the Board of county road commits
sioners Of Iron county, Michigan was
laid before the Board Of Supervisors by
the county clerk.
BE it resolved that it is the sense OF
this Board that the sum OF one hundred
Thousand dollars $500, 600, 0O0) 30 ex-
pended in the improvements Of the
highways included within the county
road system of Iron county to be- paid
for out of the proceeds Of the bonds Of
Iron county and that If the bonds Of
Iron county shall be issued in said sum
of one hundred thousand dollars $500. :
coo, OJl shall be expended for making
said improvements.
BE it further resolved that the clerk
Of this Board shall Immediately lay be-
fore the Board Of Supervisors OF Iron
county now in session n copy Of this
resolution.
The following resolutions was offered
by Arvid Bjork VINO moved its adop-
tion and was seconded by Ii. j Nc
Iaren.
Whereas the Board OF county road
commissioners TO Iron county has by
resolution decided that It is prudent to
e&pend the sum OF one hundred thous-
and dollars $500. 900 OOl for the i'm
proyements Of the highways included
in the county road system Of Iron
county to he paid for out of the proceeds
of the sale of the negotiatiable bonds
OF Iron county, to be issued for that
purpose and
Whereas petition has been filed
with this Board signed by twenty five
free-holders, residing in the territory
that this Board shall order an election
on the question Of issuing such bonds,
and.
Whereas it appears to this Board thai
il il prudent TO make such expendi
lures AM to issue the negotiable bonds
Of Iron county for the payment thereof
rnow. therefore
BE it resolved by the Board OF Super
visors Of the county Of Iron, state 0
! Michigan. in special session duly an
lawful, assembled in the Supervisor
) room IN the court house in the city q
Crystal Falls in said county Of Iron o
b this 2nd day Of May A D. 1905. /
pursuance of the premises and by TIA
d authority voted by law in said Board
/ subject always to the approval Of III
0 qualified electors Of said county, votin
O thereon at the special election he1ei
B after ordered TO be holden that III
4 negotiable bonds OF said county of th
: par value OF one hundred thousand do
3 lars Of principal be Issued, to be des
3 ignated as county ROAD bonds, whic
q said bonds shall be dated July l. 1905
d shall be In denomination of one thou
a sand dollars each and shall mature a
o 20 principal at twenty years after tn
o date thereof, all OF said bonas sha
o bear interest at rate not ecxeed tiy
per centum per annum, payable semi
o annually on January first and July frs
TO. and in issuing Of the same essentia
4 to the validity thereof aud when issues
o shall be signed by the chairman OF thi
D Board and countersigned by the count
! clerk IN the name Of their respectiv
0 officers and that the interest coupon
aforesaid shall be signed by the cler
B alone-in the name ul Wis Office
Resolved further that IL said bond
) shall be approved and issued as afore
D said the same shall DC sold by thi
0 Board for cash at not less than thei
par yalue, with accrued interest publ
d or Al private sale and the proceeds o
such sale shall be applied solely 60 IA
I buildinp 81 improved highways withil
/ III each year. according 70 intcres
coupons Is Sc attached Ia said bond
) and shall provide that both the primes
pals aud interest aforesaid be payabl
at the Office Of tho Treasurer OF th
county Of Iron aforesaid.
Resolved further that If said elector
OF Iron county shall approve The ISSUE
Of said bonds AZ aforesaid, that for tn'
payment st tho principal and interes
o. said bonds al maturity the full faitl