Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1918-09-16

Supervisors Of the County of Hamil-
ton in the State Of Iowa:
Section /. That-for the purpose Of
funding the Indebtedness Of said Coun-
ty iii the amount of $4,000, referred
to and proposed to be funded in the
preamble of this resolution, and evil
denced by the warrants also referred
to in the preamble Of this resolution
there are hereby authorized to be issu-
ed Seventeen 90 negotiable Funding
Bonds of said County Of One Thous-
and Dollars $4,000 each, numbered
consecutively from One (1) to Seven
teen 40 both numbers inclusive, to
be dated the Second day of September,
1918, each bearing interest from and
after the date thereof until. paid at
the rate of Five per centum g per
cent? per annum, payable on the First
day of March, 1919, and semi-annual-
" thereafter on the First days of Sep
TENDER and March, in each year, such
interest to be evidenced by negotiable
coupons attached to each bond; both
principal and interest payable in law
| full money of the United States Of
America, at the Office of the County
Treasurer, Webster City, Ioa. Said
Bonds shall become due and payable
| in their numerical order as follows;
Bonds Nos. 10 to II inclusive $17,-
600 on the First day of September,
1923.
Section 2. The bonds hereby auth
orized shall be in form and recitals
substantially as follows:
(Form of Bond)
NO.---- $--------
UNITED STATES OF AMERICA
STATE OF IOWA, COUNTY OF
HAMILTON FUNDING BOND.
The County of Hamilton, in the
State of Iowa, for value received,
promises to pay to bearer One Thous-
and Dollars, lawful money of the
United States of America, on the First
| day of September, 1928 with interest
Oh said sum from the date hereof until
paid, at the rate Of Five per centum
per annum, payable on the First day
Of March, 1919 and semi-annually
thereafter on the First days of Sep
TENDER and March in each year, upon
the presentation and surrender Of the
interest coupons hereto attached as
they severally become due. Both
principal and interest of this bond axe
hereby made payable at the Office Of
the County Treasurer in the City Of
Webster City, State of Iowa; and for
the prompt payment of this bond, both
principal and interest at maturity, the
full faith and credit Of said County
are hereby irrevocably7 pledged.
This bond is issued by the Board Of
Supervisors of said County pursuant
to and in strict compliance with the
provisions of Sections 403 ct seq.
Chapter 1, Title Nv of the Code of
Iowa, as amended, and in conformity
with resolution of said Board, duly
passed, for the purpose Of funding a
like amount of the valid, subsisting In
debtedness of said County, Outstand-
ing on the first day of September, 1913,
and until the issuance of this bond.
And it is Hereby Certified and Re
cited: That all acts, condition, and
things required by the laws and Con-
stitution Of the State Of Iowa to be
done precedent to and in the issue Of
this bond, have been properly done,
happened and been performed in regu-
lar and due form as required by law;
that the Indebtedness funded by the
issuance of this bond was valid, sub
sisting and legal Indebtedness Of said
County; and that the total indebted
ness of said County, including this
bond. does not exceed the Constitu-
tional or Statutory limitation.
In Testimony Whereof, said County
by its Board of Supervisors, has caus-
ed this bond to be signed by the Chair
man of the Board. and attested by the
Auditor, with the Seal Of the County
affixed, as of the Second day Of Sep
TENDER, 1913.
Chairman, Board of Supervisors.
County Auditor. Hamilton Co., Iowa.
(Form of Coupon)
Hamilton County, Iowa.
Mo- $----
On -------------1, d., The
Treasurer of Hamilton County, Iowa,
will pay to bearer Dollars
and Cents ut the
Office Of the County Treasurer, Web
ster City, Iowa. for semi-annual inter-
est on its Funding Bond, dated Sep
TENDER 2, 1913, NO.-----