Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1914-09-12

bring IL about. or that this board will.
but eventually we will have permanent
hard roads. We can get them cheaper
now"
Tambur Resolution.
The resolution providing for the
bond issue. which was introduced by
Supervisor Tambur. was as follows:
Whereas. The board OF supervisors
OF the county of Rock Island and state
OF Illinois in its regular September
A ID. 1914 session assembled. deems
II necessary. proper and expedient
that county funds be appropriated to
aid in the construction OF certain roads
and bridges in said county: that the
necessary taxes required for such pur-
pose be levied and assessed; that
county bonds to the amount of nine
numbered thousand dollars $1,000. OOOl
be issued to raise the money for such
purposes. and that the question of is
suing such county bonds be submitted
TO a vote OF the people at the general
election to be held in November A ID.
1914: and
Whereas, A majority of the whole
OF said board of supervisors of the
county of Rock Island and state of
Illinois, deem it necessary. proper and
expedient to appropriate funds to aid
in the construction of roads and
bridges in said county and to levy. as
sess and collect the necessary taxes
required for such purposes: and
Whereas. A majority of the whole
OF said board OF supervisors deems it
r,ar1==nr,~ NJ tn
issue county bonds to the amount OF
nine hundred thousand dollars $4,000
OOO). said amount not exceeding five
per centum on the value OF the taxa
BILE property, as ascertained by the as
sessment for state and county tax for
tho year last past. to enable said
county board TO perform the duty of
raising the necessary money to aid
in such construction OF roads and
bridges in said county; and
Whereas. 4 majority OF the whole
Of said board OF supervisors deem II
necessary TO assess taxes. the aggre-
gate of which will exceed the rate of
seventy-five cents on each one hun
dred dollars valuation of the taxable
property of said county. as ascertained
by the assessment for state and county
taxes for the year last past. towit: the
additional rate of fifty cents on every
one hundred dollars valuation Of the
taxable property OF said county. for
the purposes OF paying and discharg
in. the principal of said bonds within
twenty years from the date OF their
issue, and TO pay the interest on such
bonds as IL falls due; therefore be II,
Resolved, BY the board OF supervis-
ors of the county OF Rock Island and
state OF Illinois. in its regular Septem-
be- 4. ID. 1914 session assembled, that
tho sum OF nine hundred thousand dol
lars ($9OO. OOOl be raised by the issuing
OF county bonds to the amount of nine
hundred thousand dollars (S9000OO)
for the purpose Of aiding in the con-
struction OF roads and bridges in said
Rock Island county, Illinois; that such
sum of money be appropriated from
time TO time, as needed. in the manner
required by law. for the purpose OF,
aiding in the construction OF such
roads and bridges in said county; and
that the necessary taxes required by
law. for the purpose Of aiding in the
construction of such roads and bridges
ia said county; and that the necessary
taxes required to pay of the principal
AID interest Of sucn bond issue be
levied. assessed and collected from
time to time. in the manner required
by law, upon and from the taxable
property within the limits of said
county: and be il further
Resolved, That this said board OF
supervisors deems it necessary, prop
er and expedient to issue county bonds
t. the amount of nine hundred thou
sand $500. O0O) dollars to enable il
TO perform the duties imposed upon
il, OF raising said money TO aid in
the construction OF such roads and
bridges in said county; and be it fur
Their
Resolved. That the question of is
suing such county bonds in the sum OF
nine hundred thousand dollars $500
OOOl be. and it is hereby ordered. sub
mitted TO the legal voters of said coun-
" at the next general election therein
for county officers. to be held on tie
Sd day of November, A. ID. 1914; ans
be it further
Resolved, That the rate of interest
on such bonds be fixed at four and
one-hak per centum per annum. paya-
BILE semi-annuaIly; that the total
amount OF said bonds be divided into
twenty equal fnstallments: that one
installment fall due each year; that
one-third Of said bonds be dated June