Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1915-11-19
COMMISSIONERS
PROCEEDINGS

19I6.--The board of county commits
siousrs met at 10 o'clock a. M, H.
l.. Shively, chairman, James Deyoe
and Don C. McCoIl, commissioners,
and J. v. Stanley, clerk, being pres
ent.
The minutes Of the preceding meet
ing were read and approved and the
following business transacted, to-wit:
Sale Of Funding Bonds.--At this
time the board proceeded to the sale
Of $50, 900 funding bonds or as much
Of that amount as may be deemed
necessary, to. be not less than SAC, 900.
The county to furnish the printed
bonds and the approving opinion of
Messrs. Storey, Thorndike, Palmer
and Dodge, attorneys at law of Bos-
ton, Masa., within 80 days of the
date Of delivery Of said opinion, by
said attorneys. In failure to do so
the buyers of the bonds are to be
granted an extension of thirty days,
In which to obtain the approving
opinion of some reliable firm of at
torneys satisfactory to themselves,
for which opinion they are to bear
the expense.
The following sealed bids having
been submitted were opened and
read:
BY James N. Wright g. Company
Of Denver, Colo.-For bonds bearing
interest at the rate Of five (5) per
centum per annum, we will pay you
$49,262.65 (being equivalent to
discount Of .87 Of / per cent? &C
crued interest to date of delivery.
(z) For bonds bearing interest at
the rate Of five and one-half (5h)
per centum per annum, we will pay
you par, accrued interest to date of
delivery, and a premium Of $1,123.13.
BY Boiler, Mosser & Willaman of
Chicago, nl.-(D At the rate of
per cent per annum, both principal
and interest payable in New York
City; we will pay you par, accrued
interest and premium of $150100
and in addition thereto furnish blank
bonds without expense to the coun-
ty. (2) Or for bonds as above de-
scribed bearing interest at the rate
ofs6h per cent per annum, we will
pay you par, accrued interest and a
premium of S505.00, also furnish
blank bonds without expense to the
county.
BY First National Bank of Boomers
Ferry, Idaho.-(1) Bonds bearing
per cent interest, face value and
accrued interest from date of issue
to date of delivery and premium of
$4,000 for each 100000 bond. (2)
Bonds bearing 5la per cent interest
face value and accrued interest from
date Of issue to date of delivery and
a premium of $1,000 on each 100000
bond. (3) Bonds bearing per cent in
terest, face value and accrued interest
from date Of issue to date of delivery
less . discount of $3.50 on each
100000 bond.
By Oswald F. Benwell, Denver
Colo.--At the rate Of per cent ]
agree to pay one thousand dollars
$4,000 and accrued interest and q
premium of seven dollars fifty cents
($7.50) per thousand for each one
thousand dollars Isl ,000) bond is.
sued. or pro rata amount for the
odd amount bond.
By First State Bank of Boomers
Ferry, Idaho.--Bearing interest at the
rate Of five per cent per annum. Foi
the same bonds bearing interest al
the rate of five and one-half PEI
cent (511 per cent? and maturing as
advertised, we will pay par and ac-
crued interest plus a premium OF
one thousand dollars ($1000). Foi
the same bonds bearing interest al
the rate Of six per cent C per cent?
weswill pay par and accrued interest
and premium of twenty-one hun
dred dollars (s2100.)
AT this time there being a num-
Der Of representatives of different
bonding houses present, bids were
asked for, from them and Mr.. f.
Thompson, representing the Inter
national Trust company, and e. H
Rollins and Sons of Denver, Colo
RADIO, submitted the following bid:
For fifty thou sand dollars
($50,00o) or such amount thereof as
it becomes necessary to issue, not
less than $4,000 legally issued five
per cent Is per cent? funding bonds,
dated November LIST, 1915, due one
tenth of the principal amount No
vember 1st, 1925, and one-tenth No
vember /, in each succeeding year
to and including November 1, 1884;
optional November 1, 1925; principal
and semi-annual interest payable at
the office of the county treasurer,
Boundary county, Idaho, or at the
hankinO housa of z II Pollinc q