Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1909-01-20

the State of Iowa, that there be and
there is hereby ordered issued the nego-
table coupon bonds of said county to
the aggregate amount of Ninety-five
Thousand Dollars, for the purpose of
funding a like amount of it's valid, SUBJ
sisting and legal Indebtedness outstand-
ing on the first day of January, 1909.
Be it further
RESOLVED, That the bonds hereby
authorized stall consist of Ninety-five
bonds in number, in the denomination of
One Thousand Dollars each, numbered
from one to ninety-five inclusive, and
shall be designated Funding Bonds"
They shall bear date of January End,
1909, and shall become due and payable:
Bonds Nos. l to 10 inclusive $4,000
on the first day of January, 1922.
Bonds Nos. IL to 20 inclusive, $4,000
on the first day of January, 1928.
Bonds Nos 81 to 80 inclusive, $4,000
on the first day of January, 1924.
Bonds Nos 81 to 40 inclusive, $4,000
Bonds Nos Al to 50 inclusive, $4,000
on the first day of January, 1926.
Bonds Nos 81 to 65 inclus.ve, $4,000
on the first day Of January, 1927.
Bonds Nos Sc to so inclusive, $4,000
on the first day of January, 1928.
Bonds Nos. 81 to SO inclusive, $4,000
on the first day of January 1929.
The bonds hereby authorized shall
bear interest at the rate of Four per
centum per annum, payable Semi-anru-
ally, on the first days of January and
July in each year, interest to the matur-
ity of said bonds to be evidenced by in
terest 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 America,
at the Banking House of Geo. M. Bech-
tel and company, in the CITY of Daven-
port, State of Iowa. Be it further
RESOLVED, That said bonds shall be
signed by ne chairman of the Board OF
Supervisors and attested by the County
Auditor, and each of said bonds and cou-
pones shall be in substantially the fol-
lowing form. respectively, to-wit:
(Form of Bond)
UNITED STATES OF AMERICA.
STATE OF IOWA, COUNTY OF WIN
NESHIEK.
FUNDING BOND.
The County of Winneshek, in the
State of Iowa, for value received, prom
Uses to pay to bearer, ONE THOUSAND
DOLLARS, lawful money of the United
States of America, on the First day of
January, 49,. :, together with interest on
the said sum from the date thereof, UNI
til paid, at the rate of four per centum
per annum, payable semi-annually, on
the first days of January and July in
each year, upon presentation and sur
render of the interest coupons hereto
attached, as they severally become due.
Both principal and interest of this bond
are hereby made payable at the Bank
ing House of Geo. M. Bechtel and Com
pany, in the city of Davenport, State of
Iowa, and for the prompt payment of
this bond, both principal and interest at
maturity, the full faith and credit of the
said county are hereby irrevocably
pledged
This bond is issued by the Board of
Supervisors of said county for the pur-
pose of funding like amount of the
valid, subsisting Indebtedness of said
county, outstanding on January LIST,
1909, pursuant to and in full compliance
with the provisions of Section 403, ct
seq, Chapter /, Title w, of the Code
for 1897 as amended, and in conform
ity to a resolution of said Board, duly
passed.
that all acts, conditions and things re-
quired by the laws and constitution OF
the State of Iowa, to be done precedent
to and in the issue of this bond, have
performed in regular and due form as
required by law: that the indebtedness
funded by the issue Of this bond was a
valid. subsisting and legal Indebtedness
debtedness of said county, including this
bond, does not exceed the constitutional
or statutory limitations.
IN TESTIMONY WHEREOF, said
county of Winneshiek by it's Board of
Supervisors, has caused this bond to be
signed by the Chairman of the Board,
and attested by the Auditor of the coun-
ty, with the county seal affixed, as of
the second day of January, 1909.
Chairman Board of Supervisors.
Attest:
County Auditor of Winneshiek County
No. $4,000
wINNESHIEK COUNTY, IOWA.
The Treasurer of Winneshiek County,
Iowa, will pay to bearer, Twenty Dol
| lars, lawful money of the United States
of America, on the First day Of 49,,
D., at the Banking House Of Geo
| al interest due that date on its Funding
Bond dated January 2; 1893. N 1a;,c.
(Form OF Treasurer Certificate)
| County Treasurer's Certificate.
STATE OF IOWA, GO
Winneshiek County %.
| / hereby certify that this bond has
been duly recorded in a book for that
purpose in my Office, in accordance with
Section 4o4 of the Code Of Iowa.
County Treasurer, winneshiek
County, Iowa.
Be it further
| RESOLVED, That the bonds hereby
| authorized when executed shall be deliv-
cred to the County Treasurer, to be hy
him sold and delivered to the purchaser
and the proceeds thereof shall be used
solely for the purpose aforesaid, or said
bonds may be exchanged for said out
standing indebtedness, par for par: in
any event said outstanding indebtedness
| so paid or exchanged, shall be cancelled
simultaneously with the delivery OF the
being to require the delivery of the
bonds hereby authorized in such manner
as to change but not increase the in
debtedness Of said county. Be 1T fur
Their
RESOLVED, That the Board Of Super
visors shall annually levy tax upon all
the taxable property Of the county, in
addition to the levy authorized for 9TH
err purposes, a sufficient sum to pay the
interest on the bonds hereby authorized,
as and when the same mature. and also
to create and maintain a sinking fund
which shall be sufficient to discharge
the principal of said bonds at their ma
turity, and monies arising from such
levies shall be known as the Bond
Fund" and shall be used for the pay
ment of interest coupons and bonds, and
for no other purpose whatever
And after due consideration OF the
same, a vote was taken, resulting as
follows:--
Yeas:-Cooper. Jones, selnes, Meyer,
Jewell
Nays:-None.
Passed and approved January s. 1909.
b. e. JEWELL,
Chairman.
i. LINNEvoLD.
On motion the board adjourned
County Auditor.
On motion the bond of c. Jorgenson,
County Treasurer, was approved.
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