The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1916-09-14
commissioners
Proceedings
Friday, September 8, 1916.

Friday, September 8, 1916.
State Of Idaho, County of Bingham,
The board of county commissioners
of Bingham county, Idaho, met this
day in special session pursuant to ad
journment of August 81, 1916. j. G.
Bond, chairman, James Christensen and
M. A. Fugate being present, also the
clerk, when the following proceedings
were had to-wit:
In the Matter of Bond Issue
The hour of 10 O'Clock a. m. having
arrived when bids were to be received
on eighty five thousand dollars 1885,
OOO.OO) funding bonds, Mr.. w. E. Plett-
ner, representing Il. H. Rollins & Sons,
lowing verbal bid, not accompanied by
certified check, with provision that
should he be accepted same would be
submitted in writing:
81 will put my bid in for $85, 100000,
Or as many as can be legally issued,
more or less. They are to be legally
issued, and to receive the approving
opinion of Charles B. Wood, Of Chica-
go. If my bid is accepted will write
out regular contract for you. Pay
all legal expenses. To make the bonds
legal ha We county attorney get out Il
letter I'M Immediately to c. B. Wood, tell
ing him what he thinks about the case
Have the opinion back by Tuesday, if
possible. Bonds to bear 51a per cent
interest. 100000 for every 81 ,OOO, 90,
and in addition $1,000 bonus per thous-
and
c. V. Fisher, representing John b.
Price & Co., of Seattle, Washington,
submitted the following bid, accompani-
ed by certified check in the amount Of
100000.
"Blackfoot, Idaho, Sept. Sth, 1916
Hon. Board of County Commissioners
Bingham County, Idaho.
Gentlemen:
For your legally issued funding bonds
amounting to approximately eighty
thousand dollars ($S0,O0O.OO) to beai
interest at five per cent per annum
payable semi-annually, both principal
and interest payable in New York, to
be dated as soon as legally possible tc
be determined by our attorneys anc
due serially One-tenth each year afte.
tenth year, we will upon delivery OF
the bonds to us in Seattle, Washington
accompanied by full and complete doc
umentary and other evidence of theil
legality in form satisfactory to oul
attorneys, pay par for said bonds an,
furnish all legal proceedings necessary
for the issuance of said bonds and fur
nish blank bonds therefor.
AS an evidence of good faith ou
certified check for four thousand, fou
hundred dollars ($4,400.00,) payable t.
the order of the county treasurer o.
Bingham county, is hereto attached.
Prior to the issuance of the bond
it is understood and agreed that you
board is to take slrh steps and adop
such proceedings as our attorneys ma,
direct and prepare to the end tina
said bonds are duly authorized for tn
funding of the valid outstanding war
rants of Bingham county, Idaho. Thi
offer is made subject to immedat
acceptance.
Respectfully submitted,
JOHN f. PRICE & COMPANY,
BY c. V. Fisher
The board at this time took the bid
under consideration, and being advises
by the county attorney, and taking int
consideration a certain decision rem
dered by the supreme court of Idaho
the bids above rendered were rejected
Ordered that the board do now ad
journ sine die.
| J. G. BOND,
Attest: Chairman
| F. M. FISER, Clerk.