The Leon reporter. (Leon, Iowa) 1887-1930, 1911-08-17

De anu there are ueIeDy oluciSu Is
sued the negotiable coupon bonds OF
said county in the aggregate amount
|of SIS, 200, for the purpose of fund
ing a like amount of its valid, sub
sisting, legal Indebtedness outstand-
ing on the first day of June, 1911.
Be it Further Resolved: That the
bonds hereby authorized shall con
sist of twenty-five bonds in number,
CT the denomination of One Thous-
and Dollars, each numbered conse-
cutively from one to twenty-five in
elusive, and shall be designated
"Funding Bonds They shall bear
date of August 1, 1911, and shall
become due and payable;
Bonds Nos. Is, $4,000, November
l, 1918.
Bonds Nos. 6-1o, $1,000, Novem-
Der l, 1919.
Bonds Nos. Ills, $4,000, Nove,a-
Der /, 1920.
Bonds Nos. 1920, $4,000. Novem-
Der l, 1921.
Bonds Nos. 21-25, 5000, Novem-
Der l, 1922.
The bonds hereby authorized shall
bear interest at the rate of Four and
One-half per centum per annum,
payable semi-annually, on the first
days of May and November in each
year, interest to the maturity OF
said bonds to be evidenced by inter-
est coupons to be attached to each Of
said bonds. Both principal and in
terest of said bonds shall be payable
in lawful money of the United States
ct America, at the Banking House
NJ ~ O. in
the city of Davenport, State of Iowa
Be it Further Resolved That
said bonds shall be signed by the
chairman of the board of supervisors
and attested by the county auditor.
with the county seal affixed, and said
coupons shall be signed by the sad
county auditor. or he may have his
signature autographed thereon, and
each of said bonds and coupons shall
be in substantially the following
form, respectively, to-wit:
(FOrm of Bond.)
No.. $1,000
United States of America
State of Iowa, County of Decatur,
Funding Bond.
The County of Decatur, in the
State of Iowa, for value received
promises to pay to bearer One
Thousand Dollars, lawful money of
the United States of America, on
the first day Of November, 30, to-
gether with interest on the said sum
from the date hereof, until paid, at
the rate of Four and One-half per
centum per annum, payable semi
Annually, on the first day of May
and November in each year, upon
presentation and surrender Of the
interest coupons hereto attached, as
they severally become due. Both
are hereby made payable at the
Parking House OF Geo. NJ. Bachtel
& Company, in the City of Daven-
port, State of Iowa, and for the
prompt payment of this bond, both
principal and interest at maturity,
the full faith and credit of the said
county are hereby irrevocably pledg-
ed.
This bond is issued by the board
Of supervisors of said county, for the
purpose of funding a like amount Of
the valid, subsisting Indebtedness Of
said county, outstanding on the first
day of June, 1911, pursuant to ana
in full compliance with the provis-
ions of Section 4O3, at sea-, Chapter
/, Title "; of the Code, as amended,
and in conformity to 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
dCne precedent to and in the issue
of this bond have been properly done,
happened and been performed, in
regular and due form as required by
law; that the Indebtedness funded
by the issue of this bond was valid,
subsisting and legal Indebtedness of
said county; and that the total in
debtedness of said county, including
this bond, does not now, and did not
when mourning the Indebtedness
funded, exceed the constitutional or
statutory limitations.
In Testimony Whereof, said
County of Decatur, by it's board Of
supervisors, has caused this bond to
be signed by the chairman of the
board, and attested by the auditor OF
the county, with the county seal
fixed as of'the LIST day of August,
1911.
A. B. McClaran,
Chairman Board of Supervisors.
Attest,
r. f. Mclaughlin,
County Auditor Of Decatur County.
Form of Coupon.)
No. $3.50
Decatur County, Iowa.
The treasurer of Decatur county,
Iowa, will pay to bearer, Twenty-Five
Dollars and Fifty Cents, lawful
money of the United States of AM
erica, on the first day Of ---,
10, at the Banking House of Geo.
NJ. Bechtel & Company, Davenport,
Iowa, for semi-annual interest due
that date on it's funding bonds, dated
August /, 10, No..
County Auditor.
(Form of Treasurer's Certificate.)
Treasurer's Certificate.
State of Iowa &c
Decatur county %
hereby certify that this bond has