The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1909-09-25

ON SAID BONDS WHEN DUE; AND
FIXING THE OTHER DETAILS OF
THE ISSUE.
WHEREAS. The Board of County
Commissioners of Canyon County, in
the State of Idaho, has heretofore as
certained and declared that said Can
yon County has outstanding and un-
paid certain warrants, which are the
valid and legal obligations of said
county, as follows
Warrants numbered 973 to 979, both
inclusive of Series 1907, drawn on
Current Expense fund.
Warrants numbered to 9S2, both in
elusive of Series 1908, drawn on cur
rent expense fund.
Warrants numbered l to 1853, both
inclusive, of Series 1909, drawn on
Current Expense fund.
Warrants numbered l to 1896, both
inclusive, of Series 1908, drawn on
Road fund.
Warrants numbered / to 2S7, both
inclusive, of Series 1909, drawn on
Road fund.
Warrants numbered 800 to 359,
both inclusive, of Series 1907, drawn
on road fund.
That each of said warrants is based
upon claim duly verified and allow
ed and issued by order Of the board of
county commissioners Of said county
and duly registered as provided by
law;
And that it was necessary to fund
said warrants by the issuance Of the
negotiable coupon bonds of said
county to the amount of 100000,
which amount, after deducting the
cash on hand in the treasury of said
county available for the payment of
portion of said warrant indebted
ness, was ascertained and determined
to be the amount required for the
fundment of said warrants, and which
does not exceed the aggregate or total
legal Indebtedness of said county
then outstanding less the cash on hand
in the treasury as aforesaid; and
WHEREAS, by a resolution duly
adopted by the board of county com
missioners of said Canyon County, at
regular meeting thereof duly held
on May "a, 1909, being one of the
days of the regular April 1909 ses-
sion of said board, the said funding
bonds of said county, to the amount
of 100000 were authorized and or
dered to be issued for the fundment of
and in exchange for the valid and
legal warrant obligations of said coun-
| ty hereinabove mentioned; and also
pursuant to said resolution, notice OF
the sale of said bonds was given by
publication for more than twenty days
in the Leader-Herald, newspaper
published and of general circulation
| in cold q onA in thn
required by law; and that on the goth
day of July, A. D., 1909 being one of the
days of the regular July, 1909, session
of said board of county commissioners
it was found and determined by the
said board that the bid of Woodin, Nc
Near & Moore, at and for a price
above par and accrued interest; and
WHEREAS, it is now deemed neces
sary to specifically provide for the ex
ecution and issuance of the funding
bonds Aforesaid to prescribe the forms
thereof and of the interest coupons
to be thereto attached, to provide fol
the levy of an annual tax sufficient
to pay the interest on and principal OF
said bonds when due, and to fix the
other details of the issue, Now, there
fore,
BE 1T RESOLVED BY THE BOARD
OF COUNTY COMMISSIONERS OF
CANYON COUNTY, IDAHO:
First; That there shall be anG
there are hereby ordered and directed
to be executed and issued the negoti
able coupon bond Of the County Of
Canyon, in the state of Idaho, to the
aggregate amount Of 100000, for the
purpose of funding and extending thu
time of payment of like amount o.
the valid, legal, outstanding and ma
tured warrant Indebtedness of saiC
county mentioned in the preamble
hereof.
Said bonds shall be one hundred
Q00) in number, numbered from
to 100, both inclusive, of the demon
nation of 100000 each shall bear dat
as of July /, A. D., 1909, and shall be
come due and payable as follows, to
wit:
Bonds numbered to 10, both in
elusive, on July 1, 1919.
Bonds Numbered II to 20, both in
: elusive, on July l, 1920.
Bonds numbered 81 to 80, both In
elusive, on July /, 1921.
" Bonds numbered 81 to 49, both In
elusive, on July l, 1922.
Bonds numbered Al to so, both In
elusive on July l, 1928.
Bonds numbered 81 to 60, both In
elusive. on July i, 1924.
Bonds numbered 81 to 70, both IN
: elusive, on July l. 1925,
: Bonds numbered II to so, both II
q elusive, on July I, 1926.
J. Bonds numbered 81 to 80, both II
l. elusive, on July /, 1927,
Bonds numbered 81 to 100, both II
u elusive, on July 1, 1928.
} Provided, however, that all or an
q portion of said bonds may, at the OF
% tion of said county, be redeemed at al
d time after ten (1O) years, from the
1t date.-all bonds to be redeemed in Il
"a order in which they are numbered.
I'd Said bonds shall bear interest
: the rate of five 90 per centum per a.
~ mum. PAYABLE semi-annually on Il
first days ofJanuary and July
ID each wear, which installments of int
Il est to date of maturity of princip
shall be evidenced by appropria
tn oo,,nons ottochad m each bond; al