Gunnison news-champion., 1917-08-24

~ C0019UU
- s;Iss s:ss..s;ss s:sSss,siss q !s.:.sss
T. 4 s. 1911. ssaiiy sssssS a
Tksreupon. n 90. sss.soa Of ~
boar1 Of couaty eoa1tsaloasrs saie
resolution authorizing the issuence g
70 the chsirman- for his approval, ss1
thereupon the Chairman approves -
signed said resolution anl the sans
s,ss ~. the BE ;i:, sss Ct e.:s :se os ss
board OF county commissionIrn-
Thereupon Commissioner Geo L Nm
Ter introduced and novea the adoption
"A REsOIU7ioN PROviDINo FOR
THE EXECUTION, DELIVERY AND
ExCHANGE 0E 2seSss 0r TIE ,, ~
or GUNNIsoN. STATE OF COLORAD0k
THAT CERTAIN REeOI.UTION AND
SSREM c6pEissioNERs nd naa lPT xDoFTEp S THE iith
scRrBiNo sea The RATE OF iNTERE:sr
HANNER NAN M IN WHicH THEY SHALL
BE NEGOTIATED"
wHEREAs. The holders Of ssO.eee
Of Gunnison dated Nove@ber is. A 3
1899. are now Willing 70 exchange said
bonds for like amount OF the refund
ing bonds OF said county dated July J.
WHEREIN. said refundinE bonds
dated July i ,S.I D sssr as e.a .s. not 81 ,s =
Der % snnum. and the holder. OF aid re-
funding bonds dated November ~. 1883.
will not exchange their said bonds
So..a Sonds dated @ Hy July !. a. D. 1917. II ssid
last described bonds bear interest at
a rate OF less than five (s) per centum
per ewunEmExs annSExs "J s.td refundinx bouds
dated July l. A. d. 1917. can neither be
sold at par nor exchanged dollar Tor
dollar bearing rate OF interess ,1ss
Now. Therefore. BY Reason Of the
sE u EEsoLyEp BY !,ys,nss,1s THE goAsp ep
GuNNIsoN COUNTY. COLORADO. as
Section l. That in accordance with
that certain resolution OF the Board OF
County Commissioners of Gunnison
county. Colorado. passed and approved
the 18th day Of August. A. ID. 1917. and
A RESOLUTION PROVIDING FOR
THE ISSUANCE. by THE COUNTY OF
GUNNIsON. COLORADO. OF IT'S NE,
GScAaLE coqfGN pRINcIPH neN sun "a TdF oF
Sa5s.ooo BEARING INTEREST AT a
RATE NOT EXcEED!NG FIVE 90
PER cENTuM PER AHNgM PAYAnLE t,AvdMI
sEMi:6NHuAEhSD skTE6 sREFuNDIN9 9 BONDS. l FOR
THE PURPOSE OF REFUNDING A
LIKE AMOUNT OF OUTSTANDING
ANss NER 1FrAlR oF SAID eoHS eoHsT9. coHsIsTINo o
OF REFUNDING BONDS DATED NO
yEMBERt isTH; Eth; 4; AoRM p; ises; 81; skH3 skIb
sSisifT SoNp; FIXING THE DATE AND DIES
TTHTEREoF. THE MATURITY DATES;
AND THE s PLAGE ypInySA, OF pAfMENT MGR r4ic 3E
LEVY OF A DIRECT ANNUAL. AD
TaxARTT h IBplai6I fBoRheTf TO n n e4H s4IP
Err TAXES. SUFFICIENT TO PAY THE
INTEREST ACCRUING ON SAID
bonds PROMPTLY WHEN AMD M As
~ TbE 10 scaE ccoaNEsTITTTE rrT < siSKING ' Ns FUND
PAL THEREOF AT THE TINE OF
THE5E THHs514ioNs MATyEIr5 Oh RESE6IMe ohDERs. A ok
PARTS THEREOF. IN coNELIcsTr
HEREWITIHI; WITH AND DECLARING AN
the foiiowinx bonds of said s252.ooo
/ issue, namely: honda numbered isS
40 262. both numbers inclusive. N the
I argregate amount OF $4,000. shall bear
interest at the rate OF nve So) por
Section 2. Said bonds shali be In the
! form prescribed by the reBolution the
hereof: and shall be Immediately ex-
! ecuted and exchanged dollar for dollar
| at the banking house of Keelor Broth
ers. in the city OF Denver. Jsn1 Coiors1o:
bonds dated November is. a. D. 1898:
provided. however. that All the ac-
| crued interest on the bonds SO TO Dc
| refunded shall be paid prior to the Is
suance of the said refunding bonds
dated July 1. A. d. 1917. and that
! simultaneously with the delivery Of
bonds so to be refundsd shall be Re-, !,
deemed, cancelled and marked PAID
\ PASSED AND APPROVED. This l1tn
dsg asl, ,s1, e August 4 D. W VII i. wHALEN.
Chairman, Board Of County Commits
sioners Of Gunnison County. Colo
Attest: test R. O. BARRETT.
Clerk. Board Of County Commissioners
n of GunnIson County. Colorado.
i Thereupon Commissioner c. L. NC Nc
adoption of the foregoing resolution.
The Chairman thereupon put the
question upon motion. Tor the nnai
passage and adoption Of .s said vd,a reso,.- rs-
ton and upon roll call. the vote re-
Those voting Aye: Chairman w. Il;
i WhaIen, Commissioners G. L McDonaio
and %hcos comm,ss,snsSr vntins Nav: s'i None
II The Chairman thereupon declared
\ the motion unanimously carried ano
the said reselusdSn o r,nS,nx s%.nSh honds wss
submitted to the Chairman for his a0-
/ proval. and thereupon the Chairman
approved and signed said resoiution
and the same was sealed WIN "
| seal OF said county and attested oy
j the clerk Of the board OF county COM
: missioners. :.
/ There being NO further business v
!, come before the board OF county COM
missioners, the same adjourned.
Il APPROvED: August 18th. A. D: 1871
J (SEAI+) w. H. WHALEN:
Chairman. Board of County Commits
sioneru Of Gunnison County, Colo
| Attest: r. g. BARRETT.
Z Clerk, Board OF County Commissioners
Of Gunnison County. Colorado.
NOTICE or ADsUsrnEnr DAY