The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1915-12-30

Il
fed and acting Treasurer of the
County of Gem, do hereby certify
that | have made record of the
within bond in my office in a book
provided for that purpose as and
in the manner required by law.
In witness whereof, have hereun-
to affixed my official signature at En-
nett, Idaho, this. day OF
.........., A. D. 1913.
County Treasurer of Gem County,
Idaho.
A. That each of the bonds hereby
authorized shall be signed by the
chairman and attested by the clerk,
respectively, of said Board of Coun-
tv Commissioners, sealed with the
seal of said board, which seal shall
be impressed thereon and counter
signed by the County Treasurer; and
each of the interest coupons to be
attached to each of said bonds shall
be signed and executed by the en-
graved fac-simile signature OF SAID
County Treasurer, and the SAID off,
GERS are hereby authorized, ordered
and directed to cause said bonds and
coupons to be prepared substantially
in the forms, respectively, herein
above set forth and to execute the
same for and on behalf of said county
as and in the manner aforesaid; that
after their execution and before SAID
bonds are delivered to the purchaser
aforesaid, they shall be registered by
the county auditor in book kept IN
his Office for that purpose, which shall
show each bond, its number, date of
issuance, amount, date of maturity,
and the name and postoffice address
of the purchaser, and the said audi
tor shall endorse a certificate of reg
istration upon the reverse side of
each of said bonds; and each of said
bonds, when so registered by said
auditor, shall by the clerk of said
board be delivered to the county treas
urer, who shall make record of each
of said bonds so disposed of by him,
showing each bond, its number, date
of issuance, amount, date of maturity
and the name and postoffice address
of the purchaser, and said county
treasurer shall endorse a certificate
of such recording on the reverse side
of each of said bonds; and the said
county treasurer shall forthwith de-
liver said bonds to the lawful pur-
chasers, upon payment being made
of the agreed purchase price there
for; and the proceeds derived from
the sale of said bonds shall be used
solely for the purpose of paving and
entirely discharging a like amount OF
the lawful indebtedness Of said coun-
ty mentioned in the preamble hereof;
provided, however, that none of the
bonds hereby authorized shall be is
sued and delivered except upon prior
or simultaneous cancellation and pay
,nent of like amount of the outstand-
inc indebtedness tc be funded and
paid thereby, The intention being chat.
by the issuance of said funding bonds,
the Indebtedness of said county shall
not be increased for any moment of
time.
5. That the interest due on said
bonds on July 1, 1916, and January
/, 1917, shall be paid out of the gen.
eral fund of said county, and for the
purpose of reimbursing said general
fund for the amount of interest so
taken from it, and for the purpose of
providing the necessary fumes to pay
the interest on said bonds after Janu-
arv /, 1917, as the same becomes due,
and to paw the principal of said bonds
as they become due serially in the
wears 1926 to 1885 inclusive, there
shall be levied on all of the taxable
in said county. in addition to
all other taxes, the following direct
annual tax, towit:
In the year 1916, tax sufficient to
produce the sum of $500 for inter-
est;
In each of the years 1917 to 1928
inclusive, a tax sufficient to produce
the sum of $2750 for interest;