Audubon County journal. (Exira, Iowa) 1884-1993, 1918-02-21
pay county Indebtedness exceeding

aDIe property WlCuIn Sucn portion VI
sald county anu sucn Lual the Lolal
OI Salu county uueS not
NOW, ana uld not at any TIME oI the
Times, exceed Lne conSl.u-
tlohal nmltauons; now therefore
lie IL tteSolveu, by the Board OF SUI
perVlsors ol the county OF Audubon, IN
Tile State OF Iowa:
Section L. mat, for the purpose of
lunulnS TIE Indebtedness vi SAID couu-
W III the amount o. 94V,VOOVV, refer
led 10 ana proposed TO be funded IN
evidenced by the warrants also refer
reu 10 IN the preamble OIL THIS reSoIu-
uon, there are hereby authorized TO
ing bonds OF said county, OF one thouS-
and dollars each. numbered consecu-
lively from one a. to forty (40), both
inclusive, TO be dated the
INST day OF February, 1918, each bear
ing interest from and after the date
thereof until paid, at the rate of i've
per centum % percent). per annum,
payable semi-annually on the first
days OF February and August in each
year, such interest to be evidenced by
negotiable coupons attached to each
bond; botn principal and interest pay
able in lawful money Of the United
States OF America, at the Office OF the
County Treasurer, Audubon, Iowa.
Said bonds shall become due and pay
able in their numerical order as fol
lows:
No. One (1) to forty (4O) both in
elusive $40,000.00, February LIST, 1923.
Section 2. The bonds hereby au-
thorized shall be in form and recitals
substantially as follows:
United STATES OF America
State of Iowa, County of Audubon
No Funding Bond 100000
The County of Audubon, in the
State of Iowa, for value received,
promises to pay to bearer -
Dollars, lawful money of the United
States of America, on the first day of
---------- 19l--, together with in
terest on said sum from the date
thereof until paid at the rate of five
per centum per annum, payable semi
annually on the first days of February
and August in each year, upon pre-
sentation and surrender of the inter-
est coupons hereto attached as they
severally become due. Both princi-
pal and interest of this bond are here
by made payable at the Office of the
County Treasurer, Audubon, Iowa;
and for the prompt payment of this
bond, both principal and interest at
maturity the tuil faith and credit of
sail county are hereby irreyocably
pledged.
This bond is issued by the Board of
nrI-icn of +
to and in strict compliance with the
provisions OF, the Sections 403 ct seq,
Chapter L, Title LV. of the Code OF
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 January, 1918.
and until the issuance of this bond.
And it is Hereby Certified and Re
cited: That all acts, conditions and
things. required by the laws and con-
stitution of the State of Iowa, to be
done precedent to and in the is
sue of this bond, have been
properly done, happened and been
performed in regular and due
form as required by law; that the in
debtedness funded by the issuance of
this bond was valid, subsisting and le-
gal Indebtedness of said county, and
that the total Indebtedness of said
county. including this bond, does not
exceed the Constitutional or Statutory
limitations.
In Testimony Whereof, said county,
by it Board of Supervisors, has caused
this bond to be signed by the Chair
man of the Board, and attested by the
Auditor, with the Seal of said county
affixed, as of the First day of Febru-
airy, 1918.
Chairman Board of Supervisors.
ATTEST ........
County Auditor Observation-Disclosures.
County, Iowa.
(Form of Coupon)
No Audubon County, Iowa s.
On $3.50. LIST, 10. ), the Treasurer of
Audubon County, Iowa, will pay to
bearer ............ Dollars and 49,.
Cents, at the office of the County
Treasurer, Audubon, Iowa, swith ex-
change, for semi-annual interest on
it's Funding Bond, dated February LIST,
1918. No.
.....g.
County Auditor.
(Form of County Treasurer's Certi-
cate)
County Treasurer's Certificate.
STATE OF IOWA
County of Audubon
hereby certify that this bond has
been duly recorded in book for that
purpose in my office. in accordance
with Section 404 of the Code of Iowa.
.....,.
County Treasurer.
Section 8. In order to provide for
the funding of the Indebtedness here
in ordered to be funded, said indebt-
edness shall be called for payment
and the County Treasurer is hereby
directed and authorized to take all
appropriate action
Section 4 The bonds hereby au-
thorized shall each be signed by the
Chairman of the Board of Supervisors
and attested by the County Auditor,
with the County Seal affixed and the