Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1909-02-11
New Commissioners


of Idaho then in force, and constitute
and now are the valid, legal and ma
tured obligations of said Elmore count
V, 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, 600 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 a resolution heretofore
duly adopted by the board of county
commissioners of said Gilmore 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,O 900 were authorized and ordered
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 SEES
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 C. H. Coffin of the city OF
Chicago, in the state of Illinois, IN
the amount of S42, 801 for said refund
ing bonds was the highest and best
bid. and said bonds were thereupon
nv said board duly awarded to the
said C. H. Coffin. at and for the SAID
price of $42, 80; and,
tofore adopted by the said board OIL
county commissioners, relative to said
issue of S42, 900 refunding bonds, the
intention of said board to issue SAID
bonds only in the event OF the surren-
der and cancellation of the bonds 70
be refunded thereby prior to or SIM
ultaneously with the issuance OF salo
refundng bonds, was not made 70
clearly appear, and it is desired TO
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 by
the board of county commissioners
of Gilmore county, Idaho, that there
shall be and there are hereby ordered
and directed to be issued the negotl-
able coupon bonds of the county OF
Gilmore. in the state of Idaho, te
the aggregate amount of $42, OOo' foi
the purpose OF redeeming' reiui'oins
and paying like amount of the val
id, legal, outstanding and matureo
bonded Indebtedness, with the interes'
thereon. of said county, mentioned II
the preamble hereof. :,
The bonds hereby authorized snail
be sixty in number, numbered IRON
to 60 both inclusive, of the follow
ing denominations, to-wit; bonos
numbered l to A., both inclusive
to 10. both inclusive, 13 to 10 both In
elusive, 10 to %, both inclusive, 70 &c
%, both inclusive, 81 to a. potl
inclusive, 81 to 40 both inclusive, Al
to 46 both inclusive, 40 to 81 both In
elusive, IS to SO both inclusive OF the
denomination of 81, 600 each; pono'