Audubon County journal. (Exira, Iowa) 1884-1993, 1916-02-10
BOARD PROCEEDINGS
Continued from page 3

Continued from page 3
NIarly accepted by this Board, and
WHEREAS, in pursuance to the
authority duly conferred upon him
by this board, M. E. Mortensan
County Treasurer of Audubon Cou,n-
ty, Iowa, duly signed a contract
with the said William R. Compton
Investment Company, for and on
behalf of said County, by which
the said bonds were sold to the
William r. Compton Investment
Company ON the terms stated.
NOW THEREFORE, BE IT RE-
sOLvED BY THE Board of Super
Wilson's of Audubon County, Iowa,
that the said action of the said
Mortensen is hereby duly ratified
and confirmed in all respects amid
the bonds hereinbefore described
ara hereby awarded to the said
William r. Compton Investment
Company ON the terms hereinbe-
fore stated
STATE OF IOWA
COUNTY OF AUDUBON
I, H. A. Northup, Auditor of Aud
ubon County, Iowa, hereby certify
that the attach and foregoing is a
true, complete and correct copy Of
the minutes of the meeting of the
Board of Supervisors of Audubon
County, Iowa, in so far as they
relate in amy way to the sale of
$4,000. funding bonds of said
County. dated February 1, 1916 to
the William r. Compton Invest
lent Company.
dd. "A. Northup
Auditor, Audubon County, La.
Subscribed and SWORN to before
me, Clerk of the District Court, i'm
and for Audubon County, Iowa,
this 31st day of January 1916.
r. NJ Rice
Clerk Of the District Court.
0y 1AS111 x2s IklC6 LNSpU1y.
Supervisor johnson introduced
the following resolution which was
seconded by supervisor Black, AID
after a full discussion, unanimous
ly adopbsd.
WHEREAS, ON the first day of
january, 1916, the outstanding in
debtedness of Audubon County,
Iowa, exceeded the sum OF $4,000.
and does now exceed said sum,
and
WHEREAS. on the 31st day of
January, 1916, bhe Board of Super
Wilson's of Audubon County, Iowa,
provided for the issuance of $4,000
funding bonds of said county, to
I be. dated February /, 1916, to bear
interest at the rate of 1-2 per
cent per anm(um, payable semi-an-
ually on the first day of February
and August each year, to- mature
without option or prior payment
February L, 1916, to be Of a de
apmina tion of $1,000 which bonds
are to be issued under authority
of Chapter l., of Title 4 of lhe
Code OF Iowa for 1897 as amended
and
WHEREAS, it is deemed advisable
to fix the place of payment of til e
principal and interest of said issue
OF bonds hereinbefore authorized
to be issued, as, WE'LL as the num-
be1s of said bonds and the other
"details in regard to said bond is
cue, and
WHEREAS, it is deemed advisable
and necessary to provide for the
levy of tax sufficient to, provide
for the prompt payment of the prin-
cipal and Interest," of said bonds
aus the same NATURE.
NOW THEREFORE BE TT RE-
SOLVED by the Board of Super.
visors of Audubon County, Iowa. as
follows:
Sections 1. That $4,000 fund,ms
bonds OF Audubon County, Iowa
ordered to be- executed and issued
iby a resolution Of Board of Super
viscrs of said County, passed at ;
regular session thereof held ON tn.
3lst day of January 1916, be mum
bered consecutively from One q.
to Forty-Ieyen (47), both numbers
inclusive, of denomination O
$1,000 each and that the principa
and semi-annual interest of satit
bonds shall be payable at the OF
flee of the County Treasurer o
Audubon County, in Audubon Iowa
and THAT said issue of bonds shall