The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1915-10-14

four and five. The said refunding bonds shall
| consist OF six bonds, of the denomination o
! FIVE hundred dollars each, numbered from one
| to six, inclusive, and one bond in the demon
| ination of one hundred dollars, numb ered
seven. Both principal and interest OF the said
| funding and refunding bonds shall be payable
at the Office of the village treasurer, or at the
| banking house of Kountze Brothers, in the
city OF New York, u s. A., at the option of the
holder.
The interest shall be represented by forty
coupons, attached to each bond, each coupon
representing half yearly payment OF interest
upon the bond to which it is attached, except
that the first and last coupons shall represent,
in the aggregate one years interest.
The said bonds shall be signed by the chair
village clerk and countersigned by the village
treasurer, and shall bear the seal of said vii
lage and the coupons attached thereto shall
bear the original or engraved signature of the
vi lage treasurer
Section A. The said funding bonds and cou-
pons shall be in substantially the following
form, to wit:
UNITED STATES OF AMERICA, STATE OF
IDAHO, COUNTY OF LEWIS.
Municipal Coupon Bond of the Village of Nez-
perez Funding Bond.
The village of Nezperce, in the county OF
Lewis, in the state OF Idaho, for value received,
acknowledges itself indebted and hereby
promises to pay to bearer the sum OF ~.
United States OF America, at the Office OF the
village treasurer OF said village. or at the
city of New York, q. S. A., at the option OF the
holder. on the first day of September, A. d.
1885, with interest theron at the rate of six
per centum per annum, payable semi-annual-
ly on the first day of July and the first day Of
January in each year, at the office of the viii
lage treasurer aforesaid, or at the banking
York, U. 5. A, at the option OF the holder, upon
presentation and surrender of the annexed
coupons as they respectively become due.
The said village reserves the right, however,
to redeem this bond at any time after ten years
from its date, according to law.
This bond is issued by said village for the
purpose of funding, purchasing and redeem
ing like amount of valid outstanding indebt-
edness of said village, incurred for the ordin-
airy and necessary expenses OF the village. by
pliance with the provisions Of chapter II, OF
title 49, of the Revised Codes of the state OF
Idaho and the amendments thereof, and of the /
constt tuition OF the state of Idaho, and in pur- !
suance OF an ordinance of said village, duly |
adopted, approved pu blshed and made law |
bond, for the purpose OF funding like am cunt |
of the valid outstanding warrant indebt ed |
ness of said village, incurred for the ordinary j
and necessary expenses of the village
1t is he reby certified that every requirement
If law relating to the issue hereof has been
luly complied with, and that this bond and |
he Indebtedness so funded purchased and
hereby are within every debt limit
Ind other limit prescribed by law and the
aud that the Indebtedness o the
yilage has not been increased by the issue
hereof, and that provision has been duly made
or the collection of annual tax sufficient
o pay the interest on this bond as 1t falls due,
md also to constitute sinking fund for the
payment OF the principal thereof within the
ime required by law
In Testimony Whereof, the village of Nez-
erce has caused this bond to be signed by the
hartman of its board of trustees, attested by
he village clerk, with the seal of the village
fixed and countersigned BY the will ge
reasurer, as of this first day of September,
!. d. 1915.
...;.....,........... ..........
Attest: Chairman, Board OF Trustees
........... ......-.... Village CLERK.
Counter igned: |
ACKNOWLEDGEMENTS Village Treasurer.
Form of Coupon.)
On the first day of July-January, AID. 10.
ne village of Nezperce will pay to the bearer c
................ dollars, in awful money OF the
nited States of America at the office of the I
illage treasurer in Nezperce, Idaho. or at the 7
anking house OF Kountze Brothers, New York /
ity, U 8. A., at the option of the holder be- \
lg interest on its funding bond.
d.. Fac-Simile signature, S
....-..... -....... .......... .
Village Treasurer. o
REGISTRATION CERTIFICATE. a