The herald-advance. (Milbank, S.D.) 1890-1922, 1908-10-09
Notice Of Bond Election.
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Whereas, Petitions have been filed, signed by
g. Stengle and other residents and tax payers of
Grant county, South Dakota. praying for the
construction Of a suitable Court House, with
proper equipments, for said County. and,
Whereas, In the Judgment of all and a major
ity of the board of County Commissioners of
bald county. said Grant County has an INSULT
cient and inadequate building for Il court house,
in this, that the same is not large enoL Oh to
properly 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
years, and the county seat has been permanent
Nv 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
said acts and construct said building 1t VIII be-
come necessary for the county to borrow money
by issuing bonds therefor, and,
Whereas, According to the last assessment of
esid County the assessed valuation of it's prop
erty WAS the sum of SIS, 500, 1900, and the ont
standing Indebtedness Of said county is the
sum of $64, 900. 00, and.
Whereas, SAID board Of County Commission
ers did at a special meeting, called ne 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
eaid proposition of issuing bonds for the pur-
pose of ralsing funds with which reconstruct a new
court house, and after due consideration did de.
eide to submit said proposition to a vote of the
electors of said county for the reason that after
full consideration. 1t appeared that the present
court house is inadea late and insufficient for
he wants of Grant county, as the vaults are too
small to hold the public records, aud unsafe on
Recount of the extraordinary risk by fire. and
10 the Judgment of this Board of County Com
missionere, said County has an insufficient and
made uate building for its use for a court house,
THEREFOtE, BE IT RESOLVED, That an
Election for the purpose of determining by vote
pf the electors of said county the question OF
issuing it's negotiable bonds not to exceed the
bum Of Eighty five Thousand Dollars. in de-
Nominations of 81 ,O0Deach bearing interest fir m
The date of their Issue at the rate of AZ per cent
per annum, payable eemi-annual'y, 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 years or multiple of five
years from their date, and before maturity of the
|Court House for said County. be submitted at
|lhe next general election within and for said
County, and that notice of said election be given
BE IT FURTHER RESOLVED, That the
notice of election as published shall state the
maximum amount of the bonds to be issued and
Dated this ssth day of September, 1908.
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
Eiven that a bond election. within and tor said
srant county, will be held on Tuesday, Novem-
Der 8, 1908, same being the general election day,
Nor the purpose of taking the sense of the cleo
|tors of said County upon the question o: issu-
ling negotiable bonds for said County, for the
hum Of Eighty-tive thousand dollars. in denomi-
nations of 8. 600 each, bearing interest from the
hate OF their issue at the rate of ~ per cent per
|Annum, payable semi.annually. to become due In
not less than five years or more than twenty
tyesrs from their date, with the option, authoriz-
1pg and permitting the county TO pay the said
bonds. or any of them. in five years or multiple
~ five years from their date, and before maturi-
II of the same. for the purpose Of providing
Hands for erecting and building q suitable new
'cDnrt house for said County.
That the polling places for said bond election
will be at the polling places designated and es-
|tablished for holding the general election on
Esaid Sd day of November, 1908. and said election
be governed by the general election laws,
land the judges of said general election shall be
hhe judges Of this election. The polls will be
{open from 8 O'Clock In the morning and will
continue open until S O'Clock in the afternoon Of
said day, and the returns of said election shall
be made to the County Auditor Of said County,
Dated this 18th day OF Septe nber. 1900.
CHAS MCWATERS,
County Auditor.