Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-04-24

edCu year, interest 10 IuS maturity VI
said bonds to be evidenced by interest
coupons to be attached to each Of said
bonds, both principal and interest Of
said bonds shall be payable in lawful
money of the United States of Amer
lea, at the Office Of the county treas
urer Ottumwa, Iowa, with exchange;
be 1t further resolved that said bonds
shall be signed by the chairman of the
board Of supervisors, and attested by
the county auditor, and each of said
bonds and coupons shall be in sub
stantially the following form, respect
fully towit:
(Form of Bond.)
No. $1,000.
United States Of America.
State of Iowa, County Of .Wapcllo.
Funding Bond First Series.
The county of Wapello in the state
of Iowa, for value received, promises
to pay to bearer One Thousand Dol
lars, lawful money Of the United
States of America, on the LIST day Of
April, 80, together with interest on
the said sum from the date hereof, UNI
til paid, at the rate of 4 per cent per
annum, payable semi-annually on the
year, upon presentation and surrender
Of the interest coupons hereto attach
ed as they severally become due.
Both principal and interest Of this
bond are hereby made payable at the
office of the county treasurer, Ottum-
wa, Iowa, with exchange, and for the
prompt payment of this bond, both
principal and interest at maturity, the
full faith and credit of said county
are hereby irrevocably pledged. This
bond is issued ly the Board of Super
visors of said county for the purpose
Of funding a like amount of the valid
subsisting Indebtedness of said county
outstanding on April 1, 1909, pursuant
to and in full compliance with the pro-
visions Of section 403 ct seq, chapter
/, title Nv of the code, as amended, and
in conformity to resolution Of said
board, duly passed. And it Is hereby
certified and recited that all acts, con-
ditions and things required by the
laws and constitution of the state of
Iowa, to be done precedent to and in
the issue of this bond, have been prop
erly done, happened and been perform
ed in regular and due form as required
by law, that the Indebtedness funded
by the issue of this bond was n valid,
subsisting and legal Indebtedness of
said county, and that the total iIdebt
edness of said county, including this
bond, does not exceed the constitution.
al or statutory limitations.
In testimony whereof said county of
Wapello, by its board Of supervisors,
caused this bond to be signed py the
oir nF hn OF
the auditor Of said county with the
of April, 1909.
VIM. Wilson, Chairman.
Attest: c. w. mccarthy, Auditor.
(Form Of Coupon.l
No. $1,000
Wapello county, Iowa.
The Treasurer Of Wapello county
Iowa, will pay to bearer, Twenty Dol
lars, lawful money of the United
States Of America, on the first day OF
$500. 10. :, at the office of the Coun
ty Treasurer, Ottumwa, Iowa, with ex
change, for semi-annual interest due
that date on Its funding bond. Firs:
Series, dated April 1, 1909, No. 49,.
(Signed) G. w. McCarty, County Audi
tor.
(Form Of Treasurer's Certifcate)
State of Iowa,
Wapello County, SIS.
I hereby certify that this bond ha.
been duly recorded in a book for tha
purpose in my Office, in accordance
with section 404 of the code Of Iowa
/ (Signed) James v. Curran,
Co. Treas. Wapello Co, Ia
Be it further resolved: That tn
bonds hereby authorized when execut
ed shall be delivered to the count.
treasurer, to be held by him, sold ant
delivered to the purchaser and the pro
ceeds thereof shall be used solely TO
the purpose aforesaid, or said bond
may be exchanged for said outstand
ing Indebtedness, par for par; IN an.
event, said outstanding indebtedness
so paid Or exchanged shall be can
celled, simultaneously with the dc
livery Of the bonds hereby authorized
the intention being to change but no
increase the Indebtedness of sail
county.
Be it further resolved: That tn
board Of supervisors shall annual
levy tax upon all the taxable prop
erty of the county, exclusive of tina
Of any city of the first class containe
therein, in addition to the levy author
lied for other purposes, a sufFcien
sum to pay the interest on the bond
: hereby authorized as, and when tn
same mature, and also sufficient lev
to pay the principal as required b
law, and the moneys arising from sue
: levies shall be known as the bon
: fund.- and shall be used for the paJ
, ment of interest coupons and bonds
and for no other purpose whatever.
: And after due consideration CT tn
) same vote was taken, resulting d
follows: Yeas, VIM. Wilson, job
: Reinhard and A. J. Fairchild. Nay
: none
Passed and approved April 5, 100!
) VIM. Wilson, chairman
> Attest: G. w. McCarty, auditor.
: 1t was moved by John w. Reinhart
: seconded by A. ]. Fairchild. that th
, s65,OOO outstanding warrants of th
? county of Wapello, alb Of which ar
: payable at the option of the count.
$ be hereby called for payment and tn
: treasurer is directed to inform the las
p | hp1l 80