American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1915-07-01

"' N"Nf |
County, Idaho.
Form OF Certificate to be endorsed on
Each Bond.
STATE OF IDAHO.
OF POWER, IS.
l., +. Nettie Rice, the undersigned.
hereby certify that / am the duly
elected, qualified, worn and acting
county treasurer in and for Power
County, Idaho, and the lawful custod-
of the books and records OF said
OFFICE; and / hereby further certify
that ! have made a record of the with
in bond in my office in a book provid-
ed for that purpose as and In the nam
ner required by law.
IN TESTIMONY WHEREOF, Wit
ness my official signature.
+. NETTIE RICE,
County Treasurer In and for Power
County, Idaho.
Section 4. That each of the bonds
heerby authorized shall be signed by
the chairman and attested by the
clerk, respectively, Of said board Of
County 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 at
tached to each of said bonds shall be
signed and executed by the engraved
facsimile signature of said County
Treasurer, and the said officers are
hereby authorized, ordered and direct
ed to cause said bonds and coupons to
be prepared substantially In the forms
respectively, hereinabove 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 purchasers aforesaid, they shall be
registered by the County Auditor In a
book kept In his office for that pur-
pose, which shall show each bond, its
number, date of issuance. amount, date
of maturity. and the name and post
office address of the purchaser, and
the said Auditor shall endorse a certi-
ficate of such registration upon the
reverse side of each of said bonds,
and each of said bonds, when SO regis
tered by said Auditor, shall by the
Clerk of said board, be delivered to the
County Treasurer. who shall make a
record of each OF said bonds so dispos-
ed of by him, showing each bond, its
number, date OF issuance, amount, date
of maturity and the name and post
office address of the purchaser, and
said County Treasurer shall endorse
n certificate of such recording on the
reverse side of each of said bonds :
and the said County Treasurer shall
forthwith deliver said bonds to Keeler
Brothers. of Denver, Colorado, the law
full purchasers, upon payment being
made of the agreed purchase price
therefor; and the proceeds derived
from the sale Of said bonds shall be
used solely for the purpose OF paying
and entirely ~discharging n like amount
~ the lawful Indebtedness Of said
county mentioned I'm the preamble
hereof: provided. however. that none
Of the bonds hereby authorized shall
he issued and delivered except upon
prior or simultaneous cancellation and
payment Of n like amount Of the ont
standing Indebtedness TO be funded and
paid thereby, the intention being that
bv the issuance OF said funding bonds
the Indebtedness OF said county shall
not be increased for any moment o.
time.
Section 5. That the interest fallini
due on the said bonds on July /. 115
and January 1. 1916, shall be and th'
same is hereby ordered appropriated
and paid by the county treasurer on
OF any moneys In the county genera
or current expense funds and for tn
purpose OF providing the necessar,
funds to reimburse said funds 70
the amounts 80 borrowed from
them, and also to pay the interes
accruing on said bonds su~bsequeD
10 January /. A. D., 1916, prompt
ly when and az the same falls due. an
TO constitute and TO maintain a sink
ing fund sufficient for the discharg
OF the principal thereof at maturity
7 there shall be and there In hereby lev
: led upon all OF the taxable property G
said county, IN addition to all otho
taxes, the following direc, annual nd
valorem tax. to-wit:
In the year 1915, a tax sufficient I
] produce the net sum OF $1,000, beln
! for interest.
In each OF the years 1916 TO 1872
both inclusive, a tax sufficient TO pre-
duce the net sum Of $1,000 In eac
year. being for interest;
In each OF the years, 1921 and 1872
a tax sufficient to produce the net SUI
OF s1O,800. In each year, being for "a
= terest;
In the year 1923, a tax sufficient
produce the net sum Of $4,000. bein
s5,400 for interest and $4,000 for pril
cipal;
In the year 1924. a a sufficient
produce the net sum OF 1850, beir
1880 for interest and $4,000 for pril