Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1912-02-02

ss,lr rnd ten tr.i cut Annually there
after until all of said bonds are paid.
nd the public are invited 10 hid there
Tor Said bonds IL lie sold or exchang-
I'D at the lowest rate of interest offered
not to exceed six per cent per annnm,
and the board reserves the right to re-
iect any and all bids.
Said bids must be in writing and az
-ompauied by certified check in the
sum of 8 per cent, of the amount bid.
placed in sealed envelope and filed with
the clerk of said board of commission
ere ON or before the 10th day of Janu
AIRY, A d 1919 Bids to be opened Jan
nary 10Th, 1919, at 10 o'clock m.
Said bids may be either sealed or &C
cepted by auction at the Office of said
board.
(SEAL) SAMUEL f HYMAs,
Chairman of said board Of county COM
missioners.
| Attest: HI Fl BRooMHED, Clerk.
The following bids were submitted
and opened at this time. to-wit:
/ Union Trust and Savings bank. par
accrued interest, premium of 1857, in
terest per cent.
e N Rollins q Sons, par. accrued in
terest premium of $1,025. interest 81
per cent.
! Keller Brothers, par, accrued inter
est, premium of $3.50 interest of 5 per
cent.
! Wallace National Bank. par, interest
q per cent.
James N Wright 81 Co. par, premi-
nm at 1915. interest per cent.
/ 1t appearing to the board that the
bid of James N Wright Il Co, which
provides for premium of 1915. interest
DIT per cent is the best bid submitted,
and it further appearing, that said bid
il accompanied by certified check in the
sum OF 1880 the same being per cent
of the amount of bands advertised, it ii
ordered that the bid of James N Wright
Il Company as follows:
January. 10, 1912
Honorable Board of Cuunty Com
I. missioners. Bear Lake county,
Idaho.
(fentlemen:-
For your proposed issue of Forty .sev
On thousand dollars ($47, 900. O0) or such
amount of bonds as You may legally is
sue. for the purpose of funding you
outstanding warrant Indebtedness sale
bonds to be dated January lst 1912, dn,
ten t1n) per cent of the total issue il
= ten years after date and Q0) per cen
each year thereafter until all are paid
the entire issue, however, to be redeem
I'D at the pleasure of the county at an,
time after ten years after its date-sait
, bonds to be in der ominations of on
Thousand dollars ($i ,000) each, bearip,
interest at the rate of 5 (5J per cent pc
annum payable semi-annually on Jan
nary first and July first each year-botl
principal and interest to be- payable a
the Office of the county treasurer o
ear Lake county or at the Nationa
Bank of Commerce, in the city an
state of New York at the option of tn
holder, we will pay:
Par and premium of 1915
Prior TO the delivery OF the bonds t
Us we are to be furnished with a CON
plete certified transcript of all proceed
: ings had and taken in the issuanc
> NJ these bonds, evidencing their legal
ty to the satisfaction of Our attorneys
We agree at our expense to have on
:, attorney instruct you relative to an
proceedings necessary to the issuanc
l. OF legal bonds, the board of count
j, commissioners i'll turn agreeing to TAX
any and all such steps promptly rs on
attorney may deem necessary In orde
that the bonds to the above amount, G
q such amount as you may legally ISSUE
y for the above purposes be issued an
delivered to US without any unneces
sary or undue delay on terms equive
ant to those above mentioned.
il As an evidence of good faith of thi
/ proposal, we herewith enclose a cert
fed check for twenty three hundre
nd fifty dollars ($2350 00) which is t
bB returned to us in case this propos
q ton is not accepted or our attorneys III
Y unable TO approve the legality of tn
N issue.
We agree to pay for the bonds a
soon rs they can be delivered and 20
agree to deliver the legally issued bond
;, ro us In Denver or Chicago free of es
q change or collection charges as abov
: provided.
Is Respectfully submitted
K JAMES N WRIGHT & co.
By CHAS j RICE.
bf and the same is hereby accepted fO
4, Bear Lake county, Idaho, this 10th ds
u Of January A. d 1912, by order Of il
: board of county commissioners
g. SAMUEL e HYMAs
Chairman of board of county COM
missioners.
Attest: H 81 BROOMHEAD,
q Approved: Clerk
j II STocKER: County Treasure
Ordered that this board do now stan
adjourned until January 22nd, 1912 I
I consider unfinished business.
n SAMUEL L HYMAS,
Attest: Chairman.
H Fl BRooMHEAD, Clerk,
ACE Nn DAD