The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1910-05-26

County Supervisors OF the Said
County, Duly Adopted at Regu-
lar Meeting thereof held on April
18th. in 1910. Describing the Form
of the said Bond and of the In
terest Coupons to be thereto at
tached, and fixing the other De-
tails of the Issue.
Whereas, The Board of County
Supervisors OF Mahaska County, in
the State of Iowa. has heretofore
ascertained and declared that the
said Mahaska County has ON April
I, 1910, outstanding and unpaid in
debtedness to the amount of $751;
900, and,
Whereas, the aforesaid Indebted
ness has been found to be duly and
lawfully incurred and to be valid
and binding obligation of the said
Mahaska County; and,
Whereas, II is advisable to fund
this outstanding Indebtedness TO the
amount of Eighty Thousand Dollars.
and issue and sell Funding Bonds OF
said Hahaska County, Iowa. to be ex-
tent Of Eighty Thousand Dollars,
for the purpose of taking up said in
debtedness heretofore mentioned;
Be 1t Therefore Resolved, BY the
Board of County Supervisors of Ma
haska County, Iowa. that there shall
be and there are hereby ordered and
directed to be executed and issued
the negotiable Coupon Bonds of the
County of Mahaska, in the State of
Iowa. to the aggregate amount of
Eighty Thousand Dollars, for the
purpose of Funding like amount
OF the valid, legal, and outstanding
| Indebtedness of the said Mahaska
County; said Bonds shall be Eighty
in number. numbered from one l1)
! to eighty CS0), both inclusive, of the
denomination of One Thousand ($1,-
600 900 Dollars each; shall become
due and payable twenty years from
the date thereof, providing however,
that all or any portion of the said
| bonds may at the option of the said
County be redeemed any time after
ten years from their date, all bonds
to be redeemed in the order in which
they are numbered. Said bonds
shall bear interest at the rate Of four
and one-half per centum (4h per
cent? per annum, payable semi an
nually on the first day of May and
November in ach year, which INSTALL
ments of interest to date of maturity
of the pricipal shall be evidenced by
coupons attached to each bond, and
both principal and interest shall be
payable in lawful money of the I'm
tied States of America at 0skaloosa
National Bank, OskaIoosa. Iowa.
That each OF the said bonds and
each of the interest coupons to be
thereto attached shall be substan-
TALLY the following forms. respect
lively
United States of America
| State of Iowa
County of Mahaska
Funding Bond of 1910.
No. ............ $1,000
The County of Mahaska in the
State of Iowa, for value received.
America, on May 1, 1880, with in
terest on the said sum from the date
hereof until paid, at the rate of Four
and One-half (4h) per centum per
annum, payable semi-annually on the
| first days of May and November in
| each year. on the presentation and
surrender of the interest coupons
promises to pay the bearer, One
Thousand $4,000 00) Dollars law
full money of the United States of
hereto attached, both principal and
interest payable at the Oskaloosa
National bank. Oskaloosa. Iowa,
This bond is issued by the Board
of Supervisors of said County, pur-
suant to the provisions of Section
4O3, Chapter /, Title 4. of the Code
of Iowa, and in conformity with a
resolution of said Board duly passed
And it is hereby certified and re-
cited that all acts, conditions and
things required by the laws and con-
stitution of the State of Iowa, to
be done precedent to and in the