Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1914-12-22
Form of Bond:
UNITED STATES OF AMERICA,
STATE OF IOWA,
HAMILTON COUNTY.
DRAINAGE BOND.

| HAMILTON COUNTY.
DRAINAGE BOND.
$500.
| Know all men by these presents:
That the County of Hamilton, in the
State of Iowa, for value received
hereby promises to pay the bearer
the sum of five hundred dollars
lawful money Of the United States
of America on the first day of No.
vember A. D. 49,, together with
interest thereon at the rate of five
and one-half per cent per annum
payable semi-annually on the first
day of November and May in each
year, upon presentation and surren-
der of the interest coupons hereto
attached, as they severally become
due. Both principal and interest OF
, this bond are payable at the office
of the treasurer of said county, in
Webster City, Iowa. This bond is
one of a series of bonds of like date,
tenor and effect, except as to denOm-
ination and maturity, issued by the
board of supervisors OF Hamilton
county, Iowa, pursuant to the pro-
visions of Chapter 6S Of the laws OF
the 3Oth General Assembly, as
amended, and in conformity to res
olution of said board duly adopted
on the 18th day of November, 1914,
fixing the terms and time OF pay
ment thereof, for the benefit of said
district does not exceed the benefits
assessed, nor any statutory or con-
stitutional Imitation that all acts.
conditions and things necessary to
be done precedent to and in the is
suing of this bond, in order to make
it a legal, valid and binding obll-
cation, have been performed, have
happened and have been properly
done, in regular and due form, as
required by law. and that the faith
of said county is irreVocably pledg-
ed to assess, levy and collect the
taxes necessary on the lands benefit
ed for the prompt payment of both
principal and interest hereof at ma
turity.
In testimony whereof, said coun-
ty, by it's board of supervisors has
caused this bond to be signed by the
chairman of the board and attested
by the county auditor, with the
county seal attached, and the inter-
est coupons hereto annexed to bear
a fac-simile of the signature OF said
auditor as of the first day OF No.
vember, 1Sl4.
@. n. SeXy,
Chairman Board OF Supervisors OF
Hamilton County, Iowa.
A. j. Peterson,
County Auditor.
Interest Coupon.
November 1st, 1914.
1916.
The Treasurer of Hamilton Coun-
ty. Iowa, will pay the bearer the
sum of thirteen dollars and seven
ty-tive cents, lawful money of the
United States of America, at the Of
flee of the treasurer of said county,
in Webster City, Iowa, being inter-
est then due on it's drainage bond
No. of Reidt drainage district No.
.15S, dated November list, 1914.
Auditor of Hamilton County. la.
(On back of bondS).
State of Iowa,
Hamilton County, SIS.
], Treasurer of Hamilton County,
Iowa, do hereby certify that this
bond has been duly registered in a
book for that purpose in my office.
County Treasurer.
The above resolution was adopt
ed in regular form by the following
vote: Ayes, SeXy, Johnson and BaW-
den. Nays, none.
Resolved, that in the matter OF
the cost in Leksell drainage ditch
or drain, We, the board of supervis-
ors of Hamilton County, Iowa, lind
that the estimated cost of such i'm
provement is greater than should be
levied in one year upon the lands
benefited, and that bonds should be
issued for all that part of said i'm
provement not paid in cash, and
that bonds running seven years,
bearing five and one-half per cent
semi-annual interest and one-hfth
of the principal payable each year
commencing November LIST, 1917, is
hereby authorized.
Be it further resolved, by the
board of supervisors of Hamilton
county, Iowa, that there be levied in
the Leksell drainage district No.