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

SEAL
And on the back of each bond there
shall be printed true and complete
copy of Article 6, chapter 2, Title III.
revised Political Code of Idaho for
1909.
Resolved further that each of said
bonds shall be signed by the chairman
of the board of county commissioners
and attested by the clerk of said
board, under the seal thereof, and
countersigned by the county treasurer
of said Gilmore county, and each of
the interest coupons to be attached to
said bonds shall be signed by said
county treasurer and said officers are
hereby authorized and directed to
cause said bonds and interest coupon
to be prepared substantially as here
inabove set forth, and to execute the
same for and on behalf of said Gilmore
county as aforesaid. After their execu-
ton each of said bonds shall be regis
tered bythecounty auditor of said count
y in book kept for that purpose, stat
ing the number. date, amount of bond,
time and place of payment, rate of in
terest number of coupons attached,
and any other proper description
thereof for future Identification, and
said county auditor shall endorse his
certificate of such registration upon
the back of said bonds substantially
in foregoing form.
When executed and registered as
aforesaid, said bonds shall be deliver
ed to the said purchaser thereof. and
the proceeds of said bonds shall be
usedssolely for the purpose of paying
and redeeming the outstanding bonds
of said county mentioned in the pre-
amble hereof and for which the bonds
hereby authorized are to be issued /;
provided, however. that none of the
bonds herein authorized shall be issued
and delivered except upon the prev
ious or simultaneous cancellation and
exchange or discharge of like
amount of the outstanding bonds to
be refunded thereby as aforesaid, the
intention being that by the issuance
of said refunding bonds the indebted
ness of said county shall not be in
ere ased for any moment of time.
Resolved further that in order to
provide the necessary funds to meetthe
interest on said bonds promptly paid
when and as the same falls due, and
also to pay and discharge the princi-
pal thereof at their respective matur-
tiles. there shall be and there is here
by levied upon all of the taxable
property in said Elmore county. in
addition to all other taxes, a direct
annual tax, which together with the
accumulations thereon shall produce
the following amounts:
For each of the years 1908 to 1917,
both inclusive, a tax sufficient to
produce the sum of $4410, being $231O
for intertax and $21O0 for principal.
For the year 1918 tax sufficient to
produce the sum of $4179. being $2079
for interest and s210O for principal.
For the year 1919 tax sufficient
to produce the sum of $3948 being
$1848 for interest and $2l00 for princi-
pal.
For the year 1920 a tax sufficient to
produce the sum of $37l7, being $l6l7
for interest and $2100 for principal.
For the year 1921, tax sufficient
to produce the sum of $34S6. being
1886 for interest and $210O for prin-
cipal.
= For the year 1922. a tax sufficient
to produce the sum of $3255, being
$1155 for interest and $2100 for princi-
pal.
For the year 1923, tax sufficient
to produce the sum of $3024. being
1924 for interest and $2l00 for princi-
pal.
For the year 1924, tax sufficient
to produce the sum of $2793, being
1898 for interest and $2100 for princi-
pal.
For the year 1925, tax sufficient
to produce the sum of $2562, being
$462 for interest and $500 for princi-
pal
For the year 1926 tax sufficient to
produce the sum of $443l being 1921
for interest and 1920 for principal.
And saidsannual tax shall in each of
said years be extended upon the tax
rolls and levied and collected at the
same time, in the same manner, and
by the same officers as the taxes for
general county purposes are extended,
4 levied and collected for such years,
and when collected said tax shall be
placed in a special fund, to be desig-
mated 1899 Refunding Bonds Sinking
Fund, +" and employed solely for the
purpose of meeting the interest on and
~.vsx.o,xo1 &c cold bonds 40 fho eap1a