Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1912-06-28
RESOLUTION

way District, of the County Of Lin
coin and State Of Idaho, did, on tn
Dist day of September, 1911, by
resolution, call an election of the
qualified electors of the said Sho-
shOne Highway District to be held
on the End day of November, 1911,
for the purpose of voting on the
question of whether assent should
be given to the issuing of Highway
/ DistrictBOnds in re sum of Eighty
1 Thousand Dollars ($S0,000) 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 End day of
November, 1914, sald election was
held as provided in the above men
toned resolution and notice and
the returns Of said election were
duly canvassed as provided by law
and the official returns thereof
of issuing saI0 BONDS, 3ii votes.
Against issuing said loads. SO
votes. WhereupOn the said Beard
of Highway Commissioners declare
said proposed bond issue to be dull
carried, wherefore,
BE IT RESOLVED by the Board
Of Highway Commissioners of Sho-
shone Highway District that said
Highway District Bonds of said
Shoshone Highway District be is
sued to the amount Of Eighty
Thousand Dollars (SS0000) dated
/ the iSt of July, 1912, and bearing
/ interest, evidenced by negotiable
coupons thereto attached, at a rate
not to exceed five and one-half per
centum per annum, payable semi
annually.
Said Highway District Bonds shall
/ be issued in denominations of not
more than One Thousand Dollars
: 900 each and not less than One
/ Hundred Dollars $500 each at the
option Of the purchaser.
Said Highway District Bonds shah
/ be payable on the list day of July,
1882. but shall be redeemable at the
pleasure OF said District at any
time after the fst day OF July,
1922, but each bond shall be re-
deemable in the order it is num-
bered.
Both principal and interest of
sale Highway District Bonds shall
he made payable at the office of
! the Treasurer Of ShOshOne High
way District, Lincoln County, State
Of 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-
and Dollars (SS0,O00.) be offered
for sale forthwith and sold at the
| highest and best bid offered, but
not less than par value and &C
cured interest, and the said Board
may reject any and all BIDS.
That notice of the intention Of
the said Board of Highway Com
missioners to issue. negotiate and
sell said Highway District Bonds
shall be published for at least two
weeks in the ShOshone Journal,
weekly newspaper published IN the
Village of Shoshone in said High
way District, Lincoln County, State
of Idaho, and that said notice shall
contain an invitation for bids on
sid issue Of Highway District
Bonds, which notice shall be sub
stantially as follows, to-wit
NOTICE
Notice is hereby given that it is
the intention of the Board of High
way Commissioners of Shoshone
Highway District of the County Of
Lincoln and State of Idaho, to is
sue. sell and negotiate Highway
District Bonds of said Shoshone
Highway District, to the aggregate
amount of Eighty Thousand Dol
lars (se0,000l; said bonds to be
dated the tst day of July, 1912, and
bear interest, evidenced by nego-
table coupons thereto attached, at
rate not to exceed five and one
half per centum per annum,payabie
semi-annually. Said bonds to be is
sued in denominations of not more
than One Thousand Dollars Isl ,000)
each and not less than One Hun
bred Dollars (Sf00) each at the OPP
ton of the purchaser. Said bonds
shall be payable on the tst day OF
July, 1882, but shall be redeemable
at the pleasure of the said district
at any time after the list day OF
July, 1922, but each bond shall be
redeemable in the order it is num-
| bered Both principal and interest
of said bonds shall be made pay
able at the office of the Treasurer
of ShoshOne Highway District, IN
the County of Lincoln and State OF
Idaho, or at some bank in the City
Of New York, to be designated By
said Board.
Notice is further given that all
of said Highway District Bonds
aggregating Eighty Thousand Dol
lars (SSO,OO0) shall be negotiated
and sold at the highest and best
bid offered, but not less than par
value and ACQUIRED interest and
the said Board reserves the right
to reject any and all bids. Said
bids must be made in writing ac-
companied by certified check for
two per centum of the bid,payable
to the Shoshone Highway District
Of the County of Lincoln and State
Of Idaho, which bids must be plac-
ed in sealed envelopes and filed
and deposited with the Secretary
of the Board of Highway Commits
sioners of said Shoshone Highway
District, on or before ~ O'Clock