The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-05-26

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ss.
The Board Of County COmmmi sion.
ars of Carter county Oklahoma met
this ls,h day Of May 1909 pursuant
TO Adjournment. all members OF the
Board and Deputy County Clerk being
present. The following business was
transacted
The following resolution was intro.
du.ad uy g. vs. Spoak, and read by
tho CLERK. to.wit
RESOLUTION.
Whereas. on the Gth day OF April.
1908 the County Commissioners Of
Carter County. Oklahoma. made and
entered into contract with one G.. /.
Gilbert for the sale OF S2O0 900 ~
bridge bonds sl25ooo0 90 Court fIouse
bonds and S5ooo0oo retundiug bonds.
ala 10 run tor - years from date OF Is.
sue drawing interest at the rate OF
3 per cent. per auuum. payable semi.
annually
And whereas. said Gilbert agreed I'm
said contract 90 pay said Carter coun.
ty q premium OF nto per cent for said
bonds
And whereas. said Gilbert now con-
tends that said County Commissioners
have not the right 70 issue said
bonds as set forth m said contract.
and refused 20 pay said premium Of
fy" per cent for said bonds
and desires the issue change.
20 from 25 years to series of years
running from ten 70 twenty years and
Whereas, said Gilbert now refused
TO carry out his said original contract
a" aforesaid,
Now, be It Resolved That said
Board Of County Commissioners a
hereby cancel and rescind said c,u.
tract. and refuse further to be boun |
thereby.
Witness our hands this the 18th day
of May, 1903
ROBT +. SCIVALLY,
Chairman Board of County Commits.
sioners, Carter County. Oklahoma.
Attest:
VIM y. Frame.
County Clerk.
BY B. w. DUKE, Deputy.
,SEALJ.
a. w Speake moved the adoption ur
Resolution as read seconded by .. x.
Darden and left open for discuss ~
Question was put and A. W. Srcake.
o. X. Darden Snd Robt F. - yg;lv
voted Yes, Those voting No--none.
Motion CaTied
Tho following Resolution was lltrc.
duced by y. W Spcakc. who moved it's
adoption, seconded by O. K. Dardeu.
towit.
RESOLUTION.
Ec II resolved by the Board OF Coun.
~ Commissioners
That the County Clerk is hereby
directed and authorized 20 advertise
for bids, for Bridge Bonds in the sum
of S20O0O0OO. in denomination of
100000 each, running for % years.
with interest not exceeding = per cent
um per annum, payable semi-annually.
S125,00o00 Court House bonds, in de.
nomination OF $4,000 each. payable I'm
, a series running from ten 70 twenty
y"aS with interest not exceeding five
per ccntum per annum, payable semi.
annually. SGO,OOOOO refunding bonds,
running for % years, with interest
not exceeding five per ceutum per an
num- payable somi-annually, bonds 10
be in denominations not exceeding 81, =
10000 each, Each bid must be ac.
companied by a certified check for one
per centum of the amount bid. tnat
the bidder will carry out the proposal
The successful bidder must furnish
!, all legal proceedings and prepare all
papers pertaining thereto.
said bids are to be sealed and re-.
cciycd at the office OF the county
clerk up ull and including noon
3 Wednesday, the 2Gth day Of May.
, 1908
The County Commissioners reserve
, the right to reject or receive any bid,
or part of a bid
Passed and approved this May 18th.
1909.
, ROBT. +. SCIVALLY,
. Chairman Board County Commission.
ers.