The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1915-03-11

and d. l.. Skipper being appoint
ed to examine the books and rec
Ords of the various county officers,
made the following report, to-wit:
We, your committee. appointed
for the purpose of %amining the
books of the various county Off
GERS, beg to report that we have
inspected the books of the county
officers and find that each officer
is keeping very complete and
neat record; their offices and
books being accurately kept in so
far as we are able to determine.
Resolution of Acceptance
Whereas, w. L.. Slaton of Tole-
do, Ohio, has offered to procure a
purchaser for us, Of our $350,000.-
90 six per cent, thirty year road
and bridge bonds of Especial
Road and Bridge District Number
I5," DeSoto County, Florida,
Now, therefore be it resolved
that the said offer of W. l.. Stay
ton, dated March 3rd, 1915, be
hereby, accepted in accordance
with the terms of said proposition.
The above resolution was adopt
ed by the affirmative vote of the
following Commissioners, to-wit:
L. w. Whitehurst, "Aye. "
D. L. Skipper, "Aye."
John Hagan, "Aye."
w. G. Welles, emo"
Honorable Board of County
Commissioners, DeSoto County,
Florida.
Dear Sirs Il hereby offer to
procure a purchaser for you, for
your $350,OO0.00, six per cent.
thirty year road and bridge bonds
of Especial Road and Bridge Dis
trict Number s." DeSoto County,
Florida, the same to be submitted
in pursuance of your advertise
ment for bids therefor on March
16, 1915, said bid to be substanti-
ally in following language;
"For $350,000.0O Special Road
and Bridge District Number 5,
bonds of DeSoto County, Florida,
to be dated October LIST, 1914, to
mature in thirty years from their
date, to be in denominations of
$4,000 or 100000 each, to bear
interest at the rate of six per cent.
per annum, payable semi-annually,
both principal and interest to be
payable at the office of the county
treasurer, Arcadia, Florida, or at
some bank in the city of New
York, n. Y, at the option of the
holder, we will pay you Csc mine
ty-fve cents) on the dollar and
accrued interest to date of delive-
ry.
You are to furnish us with a
full and complete certified trans
cript of all proceeding leading up
to and eliminating in the issuance
and delivery Of said bonds evil
dencing their legality to the salts
faction of our attorneys and you
are to deliver said bonds to us in
Toledo, Ohio.
We will take up and pay for,
just as soon as they are approved !
by our attorney, and ready for
delivery $10O,000.00 of the
above bonds and the balance
we will take up just as fast as the
money is needed, not exceeding
$25, 100000 per month, to carry on
the work, to pay for which said |
bonds are issued, or earlier our
option.
We enclose our certified check |
for 100000 to be held by you as |
an evidence of our good faith in |
carrying out the terms of this bid |
if the same is accepted.
The above check to be returned |
to us after we have taken up the
first installment of bonds.
In consideration for which SER
vice you are to pay me a commits
sion of s per cent. (eight per cent? |
on the face value of the bonds the |
same to be paid out of the pur-
chase price of said bonds or other
wise in installmcnts as bonds are |
delivered to the purchaser, said |