The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1918-01-24

will receive oral bids from the repre-
sentatives present and the following
bids were submitted:
Discount, $500, s4,1oo, s5.7oo, $s,I G;o0'
81, 600. 90, $S,S5o.oO "'''''''''
ss,s95oo.ooo, ss2;ss55o6;oo s2;soo;oo, $2,!5ooo
$17,$so9o9' si1;79e0So $500; $500: $1:dd99e
$S555 s ss@S s3 3S ss5SS $s5e. !s$$e ;55S
$ s w. pf sa9G ss?sS SIS ? IS $685. S17'
Minnesota Loan Trust Co., Discount,
Gold-stabeck Co, $4,000. $4,000, $500,
F. e. McGray & Co., $4,25O.
Second National Bank. $4,000. $500.
$333;Soos, 5000: $1,000: $4,000. 81, 9oos 81
ss5o siS5e s $iS5os s1s5o ~ ST.
$50. 1850, 1880. $3.50, $3.50, 81, 900.
$50: 800: $3.50, sis. s725. ss75, sS25, s57S,,
$552255, s475: s425, 1915. 5000. $3.50,
The Board adjourned at 1890 o'clock
p. M. to meet again at 2 o'clock D. M
Afternoon Session.
The Board met at 2 o'clock p. m. as per
ensgard, Vandenoever, Rohe Hennessy,
and Powell present.
Commissioner Robe in the chair.
Moved by Commissioner Vandenoever.
seconded by Commissioner Hennessy
that the bid of the Second National Bank
OF Mlnot; North Dakota. on the Ward
cepted for the reason that said bid was
the best bid submitted.
Roll call on above motion:
Powell, yes; Henessy, yes; Robe, yes.
ried. ~ ' .'
Moved by Commissioner Hennessy,
seconded sec Fs,e by commissioner Powell. that
WHEREAS, On the 18th day Of De-
cember. 1917. a petition in writing sign
ed by more than one hundred resident
kota, was filed with the County Auditor
Of said county. in accordance with Sec
ton 3471 Of the 1913 Compiled Laws OF
S Nortf Dakota a, requesting the Board OF
issue bonds to procure seed grain for
needy farmers residing therein;
AND; WHEREAS. On December Goth.
ers then IN session, received such Pc
| tition and after giving the same due con-
s arera On decided It was for the best in
$3.50. 100000 Of seed grain bonds, SAID
bonds to mature five as years from
their date and to bear interest at the
rate Of per cent per annum. payable
AND. WHEEREAs. On the goth dax Of
December. 1917, the Board Of County
ConlmlSSlOnerS passed resolution d.
| recting the Auditor to advertise for
| sealed bids for the sale Of said bonds as
set forth In Section 3473 Of the Laws OF
WHEREAS, On the 9Th day Of Jam.
airy, 1918, pursuant to the said notice the
Board Of County Commissioners received
WHEREAS, On the said day thew ac.
copied the bid Of the Second National
Bank OF Minot, North Dakota, at not less
| than par and accrued interest,
| NOW, THEREFORE,, BE 1T RESOL.
WE'D. BY the Board of County Commits.
sioners of Ward County, in the State of
North Dakota, that pursuant to law, and
especially with reference to Section 3471
| OF the 1913 Compiled Laws of North
Dakota, this Board proceed to and do is
sue the negotiable bonds of said County
or Ward in the aggregate sum Of Two
Hundred Fifty Thousand Dollars ($25O.-
100000 and in the case of the sale OF
such bonds being made the proceeds of
such sale to be exclusively used for the
purpose of procuring seed grain for
needy farmers resident therein, such
bonds to be in denominations Of Five
Hundred Dollars ($500.O0) each, to bear
date the End day of January, A. d. 1918
and to mature January LIST, 1923, to bear
interest at the rate OF six per cent (6 or
per annum, payable semi-annually On
the. first day OF January and July Of
each year, with coupons attached, repre-
senting each Interest payment, both
ponds and interest to be made PAYABLE al