Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1914-12-29
district No. 1872, dated December /,

| III 4.
Auditor of Hamilton County, Iowa
Con back Of bonds).
State of Iowa,
Hamilton County, IS.
l, 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 adopted
in regular form by the following
vote: Ayes, Sexy, Johnson and Baw-
den. Nays, none.
Resolved, that in the matter of
the cost of Rolling drainage district
or drain, we the. board of supervis-
ors of Hamilton county, Iowa, find
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 six per cent semi-annual in
terest and one-tifth Of the principal
payable each year commencing De-
cember 1st, 1917, is hereby author
lied.
Be it further resolved, by the
board of supervisors of Hamilton
county, Iowa, that there be levied in
the Rolling drainage district No.
1856, sum that will equal 20 per
cent of the principal commencing
with year 1916 and six per cent an
nual interest on the amount remain
ing unpaid from year to year for the
next seven years hereafter.
And the county auditor is hereby
authorized and instructed to make
the necessary levies from year to
year to carry out this resolution.
The following resolution was pre-
sented and it was moved and Sec
onded that same be adopted:
Whereas, February 14th, 1914,
the board of supervisors of Hamil-
ton county, Iowa, did locate Rolling
drainage district No. 1856 in said
county, and
Whereas, the cost and expense of
location and cost of construction of
said drainage district has been ap-
portioned to the said lands in said
drainage district in the aggregate
sum of $3,O59.0O, and
Whereas, special assessments in
the aggregate amount of $749.50
have been paid in full, Except as
sessments for public roads,, and
Whereas, the board of supervisors
of Hamilton county, Iowa, has here
tofore determined that the estimat-
ed cost of reclamation and improve
ment of said district of land is
greater than should be levied and
collected in a single year.
Now therefore, be it resolved by
the board of supervisors of Hamil-
ton county, Iowa, that drainage
bonds of said county be issued in
the sum of $2,SO9.OO for the benefit
of Rolling drainage district No. 1856.
Said issue shall consist of / bond of
the denomination of $500 and 4
bonds of the denomination of $500
each, to be numbered consecutively
from 1 upward, dated December 1st,
1914, and shall mature as follows:
5000 due and payable on December
list, 1917, $500 due and payable on
December list, 1918, $500 due and
payable on December 1st, 1919, $500
due and payable on December LIST,
1920, and $500 due and payable on
December list, 1921.
Said bonds shall bear interest at
the rate of six per cent per annum,
payable semi-annually on the first
day of December and June of each
year, the several installments of in
terest to be evidenced by coupons
attached to said bonds, and both
and interest shall be pay
able at the Office of the treasurer of
said county, in Webster City, Iowa.
Said bonds shall be signed by the
chairman of said board Of supervis-
ors and attested by the county audi
tor. with the county seal attached,
and said interest coupons shall have
printed thereon a fac-simile of the
signature of said auditor. The chair
man of said board and county audi
tor are hereby authorized and direct
ed to execute said bonds. therein
pledging the faith of said county to
assess, levy and collect the taxes
on the lands benefited for
the prompt payment of both princi-
pal and interest thereof at matur-
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