Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1912-06-14
RESOLUTION

WHEREAS the Board Of Highway
Commissioners Of ShOshOne High
way District. Of the County Of Lin
coin and State Of Idaho, did. on the
2ist Gay Of september. 1911. by
resolution. call an election Of the
qualified electors of the said Sho-
shCne Highway District to be held
on the 2nd day Of November. i9li.
for the purpose Of voting on the
question Of whether assent should
be given TO the Issuing OF Highway
DistrlctBOndS in ..e sum Of Eighty
Thousand Dollars $50. GO BY the
Board Of Highway Commissioners
Of said ShOShone Highway District
and that notice Of said election
was published as provided by law.
and
WHEREAS. on the 2nd day Of
November. 1911 saIu election was
held as provided in the above men
toned resolution and notice and
the returns Of said election were
duly canVasseO "a provided By law
and the official returns thereof
We're as follows. tO-Wit: In favor
Of issuing saI0 bonds. 81 votes.
Against issuing said bonds. 6S
Of Highway Commissioners declared
said proposed bond issue to be duly
carried. wherefore.
BE IT RESOLVED by the Board
nf Highway Commissioners Of ShO-
Shone Highway District that said
Highway District Bonds Of said
>ii2ShOne Highway District be Is
sued &c The amount Of Eighty
Thousand Dollars $50. 600 dated
the l.; Of july. 1912. and bearing
Interest evidenced by negotiable
coupons thereto attached. at a rate
not to exceed five and One-haif per
ceniUm per annum. payable semi
annually.
sand Highway District Bonds shall
be issued in denominations Of not
more than One Thousand Dollars
Il .E4 each and not less than One
Hundred Dollars 500. each at the
option Of the purchaser.
Said Highway District Bonds shall
he payable on the ist day Of July.
1882, but shall be redeemable at the
} ieaSure of said District at any
inc after the iSt day Of July.
1922, but each bond shall be re-
Gceinab'e In the order il Is num-
bered,
Both principal and interest Of
>aiC Highway District Bonds shall
te made payable at the office Of
jh, Treasurer of ShOShOne High
way District. Lincoln County. State
q. Idaho. or at some bank In New
York City. to be designated by said
Board.
That said Highway District Bonds
in the total sum of Eighty ThouS-
ard Dollars .SS0.O00.) be offered !
fer sale forthwith and sold al the
highest and best bid offered, but
mol less than par value and ac-
cured interest, and the SAID Board (
may reject any and all bus.
That notice Of the intention Of /
the said Boar0 Of Highway Com F..
TO issue. negotiate ana ,
sell said Highway District BOnOS T
shall be published for al least two 4
weeks in the ShOshone Journal. a 4
weekly newspaper published in the /
Village Of Sh0ShOne in said High !
way District. Lincoln County. State f.
oi Idaho. and thai said notice shall (
contain an invitation for bids on /
"a issue % Highway District 4
Bonds. which notice shall be sub
s,aniially as follows to-wit:
NOTICE
Notice is hereby given that ID Is
he intention Of the Board Of High
way Commissioners Of ShOShQne
Highway District Of the County Of
iIncoln and State of Idaho. 10 is
sue. sell and negotiate Highway
District Bonds Of said ShOShone
Highway District. to the aggregate