The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1917-08-24
Attest:
MILO HUMMEL,
RESOLUTION No. 22O.

RESOLUTION No. 220.
A Resolution Authorizing and Direct
ing Notice of Same of Sewer Bonds
ing Notice of Sale of Sewer Bonds
Hundred esq., 0 0.00) Dollars, BY
Advertising Same As Required BY
WHEREAS, The City Council of
the City of Glasgow has heretofore
called and caused to be held a special
election within and for the City Of
Glasgow, in Montana, on the 9Th day
of August, 1917, for the purpose of
ascertaining the will of the taxpayers
affected thereby, and as defined by
sections 468 and 469 of the Political
Code of Montana, 1907, on the ques-
ton as to whether or not the City of
Glasgow and the City Council thereof
should be given authority to increase
the Indebtedness of said city over and
above the three per cent. limit provid-
ed by law by the issuance of sewer
Thousand Seven Hundred ($6,7OO.OO)
ing a sewerage system, to-wit: con-
sewerage pumping unit in order to
prevent sewerage from backing up
into the Easements and cellars in said
citv during high water periods ;and,
WHEREAS, At said special cleo
ton so called and held as aforesaid,
a majority of the votes cast were for
bonds Eyes," and the majority of the
votes case was favorable to the in
creasing of the Indebtedness of said
city over and above the three per
cent. limit by the issuance of W
bonds of said city in the sun of Six
Thousand Seven Hundred ($6,700.00)
Dollars, for the purposes specified in
Ordinance No. 200, of the Ordinances
of said City of Glasgow; and.
WHEREAS, said bonds must be no
ticed for sale in the manner pre-
NOW. THEREFoRE. BE IT RE-
SOLVED by the City Council Of the
City of Glasgow that the city clerk
of said city be ordered and directed
to give notice in the following form,
to-wit:
Notice of Sale of Sewer Bonds.
NOTICE is HEREBY GWEN;
That the City of Glasgow, in the State
of Montana, on the 22nd day of Sep
TENDER, 1917, at the hour of twelve
o'clock moor of said day, at the office
of the city clerk in said city, will offer
for sale. at public auction, and sell to
the bidder offering the highest price
therefor, sewer bonds of said City of
Glasgow in the sum of Six Thousand
Seven Hundred ($6,700.OO) Dollars,
which were authorized to be issued
and sold by the taxpayers affected
thereby. and as defined by sections
468 and Ago of the Political Code of
Montana. 1907, at a special election
held within and for said city on the
9Th day of August, 1917, which said
bonds are to be issued and sold to
obtain money with which to construct
a system, to-wit: constructing
and installing a central sewerage
pumping unit in order to prevent sew
erage from backing up into the base
ments and cellars in said city during
high water periods.
That said bonds to be sold are of
the denominations Of One Hundred
($1OO.OO) Dollars each, numbered l to
67, both inclusive; dated the first day
of December, 1917, bearing interest at
the rate of 5h per cent. per annum,
payable semi-annually, on the first
day of December and the first day of
June each after the date thereof.
odlu JULIUS anu lIlICIccl COupOIlS az
tached are payable at the office of
Glasgow, or, at the option of the pur-
chaser or owner thereof, at the
Kountze Bros, Bankers, in New York
City, New York, and are payable
December l, 1887, and redeemable al
the option of said city on or at any
time after December l, 1927, upon no.
tice to be published in one newspaper
published in said City of Glasgow
that said city will in thirty days from
the date of said notice redeem sale
bonds and specifying the numbers
thereof, which said bonds shall be
called in numerical order, and by Civ
ing notice in writing to the bank ir
the city and state of New York where
said bonds are payable.
The City Council of the City o.
Glasgow reserves the right to reject
any and all bids for said bonds ane
to re-advertise the same in event sat
isfactory bid is not received for sale
bonds.
All bids must be accompanied by 6
certified check in the sum of Six Hun
bred 100000 Dollars, and in tn.
event the successful bidder declines t.
accept said bonds OF to pay therefor
the same shall be forfeited to tn,
City of Glasgow.
Said bonds cannot be sold for les!
than par value.
Dated this 18th day of August, 1917
NJ. MURRAY,
Mayor
Attest:
MILO HUMMEL,
City Clerk.
BY publishing said notice in tn
Glasgow Courier, a newspaper pub
lished in Glasgow, Montana; and ais
in "The Financial Age" a newspape
published in the City of New York
State of New York, for a period o
not less than four weeks, of the sal
of said sewer bonds.
Passed by the City Council of tn
City of Glasgow, and approved by tn
mayor thereof in open session thi
18th day of August, 1917.
Mayo
Attest:
MILO HUMMEL,
City Clerk.
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