The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1917-04-20
NOTICE OF SALE OF BONDS or
LEMHI COUNTY, STATE OF
IDAHO.


In compliance with an order OF the
Board of County Commissioners OF
Lemhi county, state of Idaho, duly
made and entered on the 18th day OF
April, A. D., 1917,
NOTICE is HEREBY GIVEN, that
the Board of County Commissioners
of Lemhi county, in the STATE OF Ida
ho. will issue and sell negotiable
coupon bonds of said Lemhi county
amounting to the sum of ONE HUN
DRIED FIFTY THOUSAND DOL
LIARS ($15O.OOOOO). described as fol
lows:
One Hundred Fifty (15O) bonds in
the denominations of One Ihous-
and Dollars ($1,O0O.00) each; all to
be dated January l, 1917, bearing In
Iterest at a rate not to exceed six per
cent per annum, interest payable on
the first day of January and the nrst
day of July in each year; principal
and interest payable at the office OF
the County Treasurer of Lemhi Coun
ty. state of Idaho, or at such banking
house in the City and state of New
York as may be hereafter designat
ed by the Board of County Commls
sioners of said Lemhi county.
Said bonds to be designated anC
known as Road Bonds OF Lemh
. County, Idaho" and to be numbered
consecutiyely from One to One Hun
bred Fifty, both numbers inclusive.
Said bonds to be redeemed by salt
; .emhi county in the following man
+ ner: Ten per cent. 60 per cent? o
: the total amount issued to be pail
|, in ten (10) years from the date of is
sue thereof, and Ten per cent Il
per cent? annually thereafter unit
: all of said bonds are paid, and to b
:, paid in the order in which they ar
A numbered.
y Said bonds to be issued under an
!. by virtue and in strict complianc
!. with Article vi, Chapter II of Till
/ XI of the Revised Codes of Idaho
:. and all Acts and parts of Act
amendatory thereof or supplements
Q thereto: and also by virtue of the al
% thority of vote of the Qualifie
7 electors of the several voting pr
% and voting on the question at a
0. election held for that purpose in til
IS several precincts of said Lemhi cOul
!; ty ON the It'll day of November, A. q
: 1916, at which election more tina
\ two-thirds (2-3) of said electors vo
ed in favor of the issuance and sal
OF said bonds.
Delivery of said bonds to be mad
to the purchaser as soon after tn
award thereof, as the same can b
properly engraved, printed, execute
and registered.
No bids will be considered for les
than the face or par value of sal
bonds and accrued interest at III
time of disposal.
Sealed bids for said bonds will b
received by the Board of Count
Commissioners OF said Lemhi count
directed to J. L. Kirtley, Jr., Cler
of said Board, at Salmon, Leml
county, Idaho, up to the 18th day
May, A. D., 1917, at 10 O'Clock
NJ. of said day, and will be opene
and considered, beginning immsd
ately thereafter on said day.
Each and every bid for said bono
must VIC SSSdAAAAAutCu Dg GSTllQe
check on some bank doing busine:
in the City OF Salmon, Lemhi count
Idaho, for the sum of fifteen thou
and dollars, payable to the treasur,
of said Lemhi county, to be forfeite
to said Lemhi county as Iiuuate
damages, il the bidder to whom Il
award is made, shall fail or refus
to make good his bid. receive ar
pay for said bonds in accordanC
with the terms OF such bid. throua
no fault or defect Of the legal Or
oeedings or the record thereof, hs
and made relating to said bonds.
The Board of County Commissio,
ers OF said Lemhi county hereby r
serves the right to reject any and a
bids received for said bonds and
readyertise for bids therefor, BY O
tginal notice.
Dated at Salmon. Lemhi count
Idaho this 18th day of April. A. I
1917.
PETER M'KINNEY, Chairua
Attest: J. L. Krtley. Jr.. Clerk.
April 20-May IL.