Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1910-08-04


seal this. day Of ..... A. d.
County Auditor
And on the back of each bond there
shall be printed a true and complete
copy of Article g. Chapter ,. Title
IL. Revised Political Code of Idaho
for 1903
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 Elmore
county; and each of the interest cou- +
pons to be attached to said bonds
shall be signed by said county treas
urer; and said officers are hereby
authorized and directed to cause said
bonds and interest coupons to be
prepared substantially as herein
above set forth and to execute the
same for and on behalf of the said
county as aforesaid. When said bonds
shall have been executed as afore-
staid they shall be sold or exchanged
upon the best terms and upon the
lowest rate of interest at which said
bonds can be sold or exchanged and
the said board of county commission
ers of Elmore county shall advertise
the sale of said bonds as required by
law If any offer for the purchase of
said bonds shall be accepted, each
of said bonds shall be registered by
the county auditor of said Gilmore
county in book kept for that pur-
y pose, stating the number date, am
n cunt of bond, time and place of pay
ment, rate of interest, number of
coupons attached, and any other pro-
per description thereof for future
Identification; and said county audi
- tor shall endorse his certificate Of
,, such registration upon the back Of
said bonds substantially in the fore
p going form When said bonds shall
have been sold and after registra-
, ton thereof by the county auditor
" as hereinbefore provided for they
shall be delivered to the county treas
urer who shall deliver them to the
purchaser thereof; and the proceeds
of said bonds shall be used solely for
~. the purpose of paying and redeemine
~ the outstanding bonds of said coun-
ny ty mentioned in the preamble here
oi of and for which the bonds hereb,
e. authorized are to be issued; provid.
ed, however. that none of the bonds
ol herein authorized shall be issued anC
delivered except upon the previous
~ or simultaneous cancellation and ex
change or discharge of a like amoun
III of the outstanding bonds to be re
le funded thereby as aforesaid, the in
We tention being that by the issuance
IN of the said refundng bonds the in
's1 debtedness of said county shall no
en- be increased for any moment o
ne time.
IN RESOLVED FURTHER. That II
as order to provide the necessary fund
I'm to meet the interest on said bond
by promptly when and as the same fall
ne due, and also to pay and discharg
the principal thereof at their respet
81 tive maturities. there shall be an
iY- there is hereby levied upon all of tn
ma taxable property in the said ElmOr
IN county. in addition to all other ta'
ly es, a direct annual tax which togett
er with the accumulations thereo
aln shall produce the following amounts
n.y. For each of the years 1910 to 1871
both inclusive, a tax sufficient to pre-
ut duce the sum of S2S56, being 81
Dt- 496 for interest and $3.50 for pril
'ils cipal.
MY For the year 1920 tax suiici,i
ma 10 pioduce the sum of $2i9e 20. h'
on ing $13365O for interest and S136
Ar for principal.
Re For the year 1921, a tax suficiel
OF to produce the sum of $254S, beir
S11S8 for interest and 1890 *
re principal
ldl- For the year 1922. a tax sufiiciel
ION to produce the sum of s2399.5O b
10 ing $1O39.5O for interest and $13t
heu for principal.
OF For the year 1928. tax sufficie
cen to produce the sum of S2251, beil
'eg- 1891 for interest and 1890 for pri
re- cipal.
ted For the year 1924, a tax suficie
eDy to produce the sum of S21O2.50. b
the ing $742.5O for interest and $13i
no- for principal.
sub For the year 1925. a tax suffice
5ald to produce the sum of S1954, bell
&c 1894 for interest and 1880 for pri
, .. cipaI.
itu- For the year 1926. a tax suffice
to produce the sum of $1805.50, /
NC ing 445.5O for interest and $3.50
principal
SCI For the year 1927, a tax sufficie
'l'- to produce the sum of S1657 bel
$297 for interest and 1880 for pr
re- cipal.
he For the year 1928, a tax suffice
ond 20 nroduca the eum If $685.. 80 I
reto 10 e1do "a for interest and S27
MY for principal
anu And said annual tax shall in ca
of said years be estimated upon
tax roll and levied and collected
'nty the same time, in tn the same ms
lers. ner and by the same officers as
taxes for general county purpoi
are estimated, levied and collect
ON for such years; and when collect
said taxes shall be placed in a cp
ial fund to. be designated 1911
irer funding Bonds Sinking Fund" a
employed solely for the purpose
- meeting the interest on and the pr