Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1910-05-20

dollars
lawful money of the United States
America at the office of the count
treasurer of Lincoln county at Sh,
shone, Idaho, or at the Banking Hous
of Kountze Brothers in the city c
New York, U. S. A. at the option o
the holder being six months interest o
Refunding Bond Number
C. w. WERNIcKE,
Treasurer of Lincoln county, Idaho
Be it further resolved that when tn
said bonds have been properly executed
as aforesaid, and duly registered b,
the auditor Of Lincoln county as pro
yided by law, they shall he delivered t
The Central Savings Bank and Trus
company of Denver. Colorado, the pur
chasers thereof, on payment of the pur
chase price therefor, and the proceed:
of said bonds shall be simultaneously
applied to the payment and cancella-
tion of said twenty eight thousand dol.
Tors 1928, 00) of outstanding bonds
of Lincoln county bearing date the
first day of July, A. D., 1898 as here
inbefore described and set forth, which
said bonds this board finds wese issued
in strict compliance with the coustitu-
ton and laws of the state of Idaho, for
the purpose of paying outstanding
legal obligations of said Lincoln county,
and this board further finds that said
bonds are valid and legal obligations of
said Lincoln county
Be it further resolved that the county
treasurer of Lincoln county be, and he
hereby is, instructed that at the time
of issuance Of said twenty eight thou
sand dollars (S2s, 100000 of new bonds,
or any part thereof, in exchange for
said valid and legal obligations Of said
county, he shall apply all of the cash on
hand in the treasury of said county,
that is available for the payment of
said legal indebtedness and issue an
amount of said new bonds which shall
in no case exceed the total amount OF
the legal Indebtedness of the county
hereby authorized to be refunded, less
the cash to be applied in payment and
discharge of said indebtedness.
Be it further resolved that to pro-
vide for the payment of principal and |
interest of said bonds as the same ma
ture, there shall be, and there is hereby |
levied on all the taxable property in
said Lincoln county, in addition to all
other taxes an annual tax sufficient to
produce the following sums to pay the
principal and interest of said bonds:
For INTEREST FOR PRINCIPAL
Said annual taxes so levied as afore-
said shall be EXTENDED on the tax roll
and collected at the same time and in
the same manner as other general tax
es of the said county are levied and col
lected, and all of the proceeds derived
from said taxes shall be used exclu-
sively for the payment of principal and
interest of the bonds provided for by
this resolution.
PAUL R. KARTZKE,
Chairman.
Attest:
HARRY w. ANDERSON,
Clerk.
State of Idaho :.
county of Lincoln)
|, Harry w. Anderson clerk of the
'oard of county commissioners in and
or Lincoln county, state of Idaho, do
ereby certify that the foregoing and
nnexed is a full. true and correct copy
{ certain order of the board of
ounty commissioners had on the
sventh day of April session, being on
ne 9th day of May, 1910, as same APP
ears on the records of said Lincoln
,unty, state of Idaho, in book 2 of
records at page PIG.
In TESTIMONY WHEREOF have here 4
ITO set my hand and affixed my official
al this 18th day of may, A. D., 1910.
HARRY w. ANDERSON, r
Clerk