Camas Prairie chronicle. [volume] (Cottonwood, Idaho) 1901-1917, 1908-05-22
Notice of Special Election.

Notice is hereby given that under and by virtue
of Village Ordinance No. SIS, entitled:
An Ordinance providing for the issuing of
Municipal Coupon Bonds for the purpose of pro-
vidng funds, for the grading. oonstruc-
ton, and laying out of streets and alleys, in the
Village of Cottonwood and for the purchase
improvement, equipment ana maintainance Of
Land for the use of Public Park, for said viii
lage of Cottonwood. to provide for the submitting
the question of the issuance of said bonds to a
vote of the electors of said Village, and
calling special election therefor and TO provide
for the payment of interest said bonds, and
for a sinking fund for the payment of the
principal thereof"
Passed by the Chairman and Board of Trustees
of the Village of Cottonwood, Idaho County
State of Idaho. on the 18th day of May. 1908. a
special election will be held on Tuesday the 30th
day of June, 1908, for the purpose of submitting
to the qualified electors who are taxpayers of
said Village, the question and proposition of
authorizing said Village OF Cottonwood, Idaho,
to borrow the sum of Seven Thousand Dollars
81 100000, and to issue its municipal coupon
bonds therefor; said bonds to be seven in num-
Der. each TO be of the denomination Of one
Thousand Dollars Isl 000.00 such bonds to be
known as Municipal Coupon Bonds Of the Village
of Cottonwood. Idaho County, State of Idaho, TO
be made payable twenty years from the date of
the issuance of the same, and to be redeemable at
the pleasure of said Village at any time after the
expiration of ten years from the date of the issu-
ance thereof, to bear interest at not exceeding
six per centum pei annum said interest to be
paid on the first day of January and the first day
of July of each year at the office of the Village
Treasurer of the said Village OF Cottonwood, or
at such Banking House or Trust Company in the
City of New York as may be designated by the
Trustees of said Village and the proceeds thereof
to be used exclusively for the purposes of the
grading. construction and laying out of the
streets and alleys in the said Village of Cotton
wood, Idaho, and for the purchase, improvement
equipment and maintenance OF land for the use
of public park for the said Village of Cotton
wood; and it is proposed to expend of the 81 0000
for the said purpose of grading, construction and
laying out of streets and alleys in the said Viii
lage the sum of IS 10000. and for the purpose of
purchase, Improvement, equipment and main
81
the said Village of Cottonwood, the sum of
81 ,00000 the polls at such election to be opened
at the hour of nine O'Clock a m. and to continue
open until seven O'Clock p. m. OF the same day
the said election to be conducted as other Village
elections.
That to provide for the payment of the interest
OH said bonds and also to constitute sinking
fund for the payment of said bonds at the MATURE
ty thereof, there shall be levied annually by the
Trustees of said Village, upon all the taxable
property in said Village a sufficient sum to pay
the said interest and additional sum to pay the
said bonds at maturity. in addition to all other
taxes authorized to be levied; and the faith and
credit of all taxable property within said Village
shall continue pledged for the same, and the
proper officers of said Village shall continue to
assess and collect such taxes on all the taxable
property within the limits of said Village until
the whole of said prin cipal and interest on said
bonds shall be paid
The form of the ballot to be used at said cleo
! ton shall be substantially as follows:
In favor of issuing bonds to the amount of
81 10000 for the purposes stated in Ordinance No.
| S. and.
Against issuing bonds 10 the amount of
| 81 10000 for the purposes stated in Ordinance
| No. S."
| The place designated by the Trustees as the
polling place in said Village is the Public School
| House.
| The Judges and Clerks of Election appointed
| by the Trustees of said Village are: Judges
! NJ +. Fuchs Lee Rhoades and Mrs. NJ. Sherry.
Cierks-W. l., Brown, Geo. A. Pease and Miss
Anna Nicholson.
Dated this the 2lst day of May, 1908.
STUART SEVERNs,
Attest: Chairman Board of
| M NJ. BELKNAP, Trustees, Village of
Village Clerk. Cottonwood Idaho.