Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1911-08-31
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SUPPLIES
Right
Drug
Store
the City Treasurer, and register
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eu DIS PROVIDED Dy law.
Section V. That each Of said
bonds shall have annexed there
to forty coupons as a part there
OF for the payment Of said semi
annual interest, and said coupons
and each Of them shall bear the
number Of the bond of which it
is part, be numbered from one
D to forty (40) inclusive, and
be signed by the treasurer of the
City of Grangeville with his orig
lnal or fac smile signature.
Section vi. The form of said
bonds and the coupons attached
shall be substantially as follows:
United States Of America
State Of Idaho
County of Idaho
CITY OF GRANGEVILLE
FUNDING BOND
NO. $500. S.
Know All Men By These Pres
ents: That the City of Grange
vile, in the County of Idaho,
State of Idaho, acknowledges it.
self indebted and for value re-
ceived hereby promises to pay to
......., or bearer, the sum of
49,. ....,...... ...... Dollars,
on the first day of July, A. D.
1881, or at the option of the City
at any time after ten years from
the date hereof, in it's numerical
order, together with interest on
said sum from the date hereof un
til paid at the rate of five and
one-half per centum (5La per
cent? per annum, payable semi
annually on the first day of jan
uary and the first day of July,
which interest to date Of matur-
ity of the principal is evidenced
by and payable upon presenta-
ton and surrender of the annexed
interest coupons as they severally
become due. Both principal and
interest Of this bond are payable
in Gold Coin of the United Stat
es of America of the present
standard of weight and fineness,
at the office Of the City Treasur-
er, in the City of Grangeville,
Idaho, or at the National Park
Bank in the City and State OF
New York, at the option Of the
holder.
This bond is one of series OF
nineteen bonds of like tenor ano
date, numbered consecutively
from one to nineteen inclusive
each for the sum of $1,000, ex
cept number nineteen which il
for $322.45, which the said City
of Grangeville has issued under
and by virtue Of and in stric1
conformity with the provisions
of Chapter IL, Title Ii of thu
Political Code of the State o.
Idaho, and the amendments there
to, and other laws and the Con
stitution of said State, and unde1
and in accordance with ordinanc
es and proceedings Of the Mayo.
and Council of said city dul.
passed, approved and adopted
for the purpose of funding, pur
chasing and redeeming the out
standing Indebtedness of sal
city.
And it is Hereby Certified an
| Recited that all acts, condition
!, and things required by the Cor
stitution and laws of the State o
Idaho to exist, happen and be PEE
formed precedent to and in tn
issuance of this bond have exist
ed, happen and been performe
in regular and due form, time an
manner as required by law; tina
the indebtedness funded by tn
bond was and is a valid and sui
sisting indebtedness OF said cit
lawfully incurred for ordinar
and necessary expenses authors
ed by the general laws OF tn
State of Idaho; that the total II
debtedness of said city includln
: this bond does not exceed an
Constitutional or statutory linn
tation; that provision has bee
J duly made in full conformlt
with the Constitution and Law
of Idaho for the collection OF a
annual tax sufficient to pay II
! interest on this bond as it fal
due, and also to provide a sinki1
fund for the payment OF the prll
scipal thereof within twenty yea