Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1909-02-18


said apportionment made in all respect
in conformity with the laws Of the
state of Idaho, said bond became and
now are the valid, legal and matured
obligations of said Elmore county
and which it is now deemed in the
best interests of said county should be
taken up, redeemed and paid by the
issuance of the refunding bonds of
said Gilmore county.
2. An Indebtedness to the amount
of $13, 800, evidenced by the refunding
bonds of said Gilmore county, dated
July l, A. D. 1896 being part of
total issue of $40. 900.
Said bonds are of the following
numbers, denominations and maturi-
ties to-wit:
Bonds Nos. to both inclusive of
the denomination of $1,000, each due
July 1906; bonds Nos. to s both
Inclusive of the denomination of 81, :
600 each due July l, 1907; bonds Nos.
too, both inclusive of the denomi-
nation of $1,000 each due July l., 1908 !;
bondsssNos. 81 and 80 of the denomi-
nation of $500 each, due July ], 1906 !:
bonds Nos. SO and "a of the denomi-
nation of $500 each, due July /, 1907;
bonds Nos. IS and So, of the denomi-
nation of $500 each, due July l. 1903;
bonds Nos. 81 to Sc, both inclusive of
the denomination of 500, each due
July /, 1906; bonds Nos. 81 to 62,
both inclusive of the denomination of
500 each due July !, 1907; bonds Nos.
So to GO, both inclusive of the denomi-
nationof 800 each, due July l., 1903
Said bonds were issued by said Ell
more county in strict compliance with
the constitution and laws of the state
of Idaho then in force, and constitute
and now are the valid, legal and ma
tured obligations of said Gilmore count
y, and it is deemed to be to the best in
.terests of said county that said bonds
should be redeemed, refunded and ex-
changed by the issuance of new bonds
of said county and,
Whereas, the aforesaid legal and
valid bonded Indebtedness of said coun-
ty of Elmore, together with the law
full interest due thereon, amounts to
the sum of SAP, 900 and there is no
cash on hand in the treasury of said
county available for the payment of
said Indebtedness or any part thereof ;
and,
Whereas, by resolution heretofore
duly adopted by the board of county
commissioners of said Elmore county
at the July 1908 session thereof, to-
wit: On the Is day of September, A..
D. 1908, the refunding bonds of said
county of Elmore to the amount of
S42, 900 were authorized and ordered
y to be issued for the purpose of refund
ing the valid and legal obligations of
said county 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 Mountain Home
Maverick news paper published
and of general circulation in
said county of Gilmore. as and IN
the manner required by law
and that at the regular October ses-
sion of said board of county commits
sioners, to-wit: On the 23rd day OF
October, A. D. 1908, it was found
and determined by said board that the
bid of G. H. Coffin of the city OF
Chicago, in the state of Illinois, II
the amount of $42, SO1 for said refund
ing bonds was the highest and best
bid. and said bonds were thereupon
by said board duly awarded. to the
said C. H. Coffin, at and for the salc
price of $42, 80l; and,
Whereas, in the resolutions here
tofore adopted by the said board OF
county commissioners, relative to said
issue of $42, 600 refunding bonds, the
intention of said board to issue saio
bonds only in the event of the surren-
der and cancellation of the bonds tc
be refunded thereby prior to or SIM
ultaneously with the issuance OF saio
refundng bonds, was not mace 70
clearly appear, and it is desired &c
have the record specific on this point
and also to prescribe different forms
of said refunding bonds and OF the IN
terest coupons thereto attached ano
to make certain additional tax levy
provisions. -,
Now, therefore, be it resolved py
the board of county commissioners
of Gilmore county, Idaho, that there
shall be and there are hereby ordered
and directed to be issued the negoti-
able coupon bonds of the county OF
Elmore, in the state OF ldano' ec
the aggregate amount of $42, co., tor
the purpose of redeeming, refundine