The enterprise., 1916-07-13


state o1 Montana, as hereinafter pro-
.&ta special improvement district
snail he properly credited with the
Warrants 30 1edeemed =
Sect lon :. Whenever a special i'm
rrovement distric, warrant shall he
issued by the Board OF County Com
ntissioners Of Phillips County, State
ot Montana, and said warrant shall
hear upon its face the regularity OF
issuance. as prescribed in the reso
1ution relating thereto, it shall be
presented to the County Treasurerl
of Phillips County, State of Montana,
tor payment and If there are no
funds to the credit OF said improve
ment district fund sufficient to pay I
said warrant, is shah be the duty OF |
said county treasurer to register |
said special Improvement district
warrant in a book to be provided for
the purpose, and said registry shall
set forth the number and name OF
the said Improvement district, and
the date OF registration os said war
rant. and the amount Of such war
rant. and the person or persons to
whom said warrant is issued. and the
county treasurer shall endorse upon
the face Of said warrant the date OF
registration OF said warrant and
shall a fix his signature thereto.
Section T. 1t shall he the duty Ok
said county treasurer to prepare
book of record which shall be known
as the Register OF Special Improve
special improvement district u Great
ed and designated by proper Name
and number, it shall be the duty OF
the county treasurer to open in said
book Of registration an account WITH
each Improvement district. giving
such account its proper name and
number. and he shall enter in said
book Of registration a proper record
Of all special Improvement district
warrants presented 10 him for reg
ietratio,. or payment. issued uIder
manner provided in section OF this
resolution. And ii is further pre-
. scribed. as the duty OF the said coun-
.1ty treasurer to credit each special
. Improvement district account from
+ time to time as the same is paid.
with all taxes and assessments levied
against the respective special inn
/ provement district. and he shall ap-
ply the fund so collected in the fol-
lowing manner, to-Wit:
First: From the first moneys col
lccted Oh account Of any special inn
prUvement district. in each year, he
shall provide for the payment OF in
terest on or before the first day OF
January III each year. to that date
on any and all outstanding warrants
OF each respective special improve
: ment district. whereOn interest has
| not ceased by reason OF said war
+ rants being called for payment, and
!: shall endorse said payment OF inter
est on the reverse side OF each war
/ rant with the interest so paid, oi
1 by aking up and cancelling the in
terest coupons representing such in
: terest. ii such coupons be attached
: to said warrants: the first payment
4 Of interest to be computed for the
r period from date OF said registra-
= tion OF each OF said warrants to the
d first day Of January next succeeding
such date OF registration and an.
y nually thereafter.
y Second: Out Of the remainder
|. OF any funds to the credit OF such
It respective special Improvement dis
q tricts. the said county treasurer
g shall then call in and pay warrants
s. to the amount OF such moneys OF
II hand available Tor the purpose, 81
It far as such funds will pay and re
l. tire the amount that may be du
v with accrued interest, to date O
,f call for redemption and payment
fixing by notice the date whereon tn
y interest shall cease upon such war
v, rant, and it shall be the duty OF tn
Of said county treasurer to note upo
such register the date OF the call an
to notify the holder of said wal
hv lott
lication in a paper OF general circC
:, :, lation published within the count
~ =. OF Phillips, State OF Montana, tn
- call for the redemption OF said wal
rants and the date when interest o
said warrants shall cease.
-, Section 5. 1t shall be the duty {
=, the said county treasurer at al
~ time after the redemption and pa.
ment of any special improvemei
district warrants, as hereinbefOl
nj mentioned, to cancel and deliver tt
NJ same to the county clerk and recor'
inc er Of Phillips county. state of Mo-
p' tana, and to take his receipt ther
for, to the end that such warran
ro when paid and cancelled shall
NJ properly filed in the office OF Il
p. county clerk and recorder
IN Section 6. This resolution sha
MI. govern and apply to all special i,
t< provement district warrants ISSUE
nv and registered from and after Il
~ first day of July, 1916.
Passed by the Board of Coun
IN Commissioners OF Phillips Count
m State Of Montana, this oath day
June. 1916
- Approved:
ons (Seal)
~
~, Chairman OF the Board OF COun
n, Commissioners of Phillips Count
~, State OF Montana.
~, Attest
r.3
~ County Clerk and Recorder a
-, Ex-officio Clerk of the Board
mo County Commissioners of Philli
County State of Montana.