The Denison review. [volume] (Denison, Iowa) 1867-current, 1919-03-26

said indebtedness was incurred, and
none of said warrants were issued in
violation of sections 409-a ct seq, 429,
44O, 443, 446 ct seq, or 2241 of the code
of Iowa and code supplements or any
flaw amendatory thereof or substituting
therefor or supplemental or additional
Thereto, or in violation of any law for
bidding, restricting or regulating the
contracting or the mourning of indebt-
edness or the issuance of warrants, or
in violation Of any law whatever, and
| Whereas, none of said indebtedness
was incurred, and none of said warrants
were issued, for the purpose of any real
lestate or for the purchase of construc-
ton Of any building; and r-3
| Whereas, an appropriation was duly
made by the board. of supervisors of
said county in strict compliance with
| section 424 of the code of Iowa for each
| of the bridges for which any OF, said in
| debtedneSs was incurred or warrants is
! sued and none of said Indebtedness was
| incurred and none Of said warrants were
| issued; for the construction OF any
| bridge not county charge, or FOR the
| construction of any bridge costing more
| than $4,000 per lineal foot for super
| structure, or for the construction of any
bridge entirely within said county cost
ing, including suhsctructure, superstruc-
| ture and approaches, more than $25,O0O;
or for the construction OF any bridge
! across stream which is boundary Of
| said county costing, including substitute
| ture, superStructure and approaches,
more than $4,000; and
| Whereas, none of said Indebtedness or
| warrants has ever been adjudicated to
be invalid, and no litigation is pending
prayed or threatened involving. the va
lidity of any Of said Indebtedness or
warrants and all of said Indebtedness
| thus evidenced, is legal, valid and bind
| ing obligation of said county, and all of
said Indebtedness thus evidenced, is in
such form and Of such character that it
can legally be funded land in the man
| ner hereinafter prOVlued); and
| Whereas, it is deemed to the best in
terests Of said county to fund said out
standing indebtedness, o thus rs evidenced
| Whereas, the amount, nature and con-
! dition of, the indebtedness of said county
now is, and was on the first day of jan
debtedness, evidenced as aforesaid. and
was at the time of the contracting and
of thet incurring and ofFthe following Of
leach item of said Indebtedness, includ-
|authorization and Of the Issuance and of
the presentation of each of said war
rants, including such warrant, such that
according to the last previous state and
county tax lists no portion Of said coun-
ty now is, or was at any of said time,
chargeable' with taxation E(either levied
or necessary afterwards to be levied) to
pay county Indebtedness exceeding the
limit of one and one-quarter per cen
tum Of the actual value of the taxable
property within such portion of said
county, and such that the total indebt-
edness of said county does not now, and
did not at any of the aforesaid times eX-
coed the constitutional or statutory linn
| itatiOnS; now therefore,
Be it resolved by the board of super
visors Of the county of Crawford, in the
state Of Iowa:
Section l. That for the purpose of
funding the Indebtedness of said coun-
ty in the amount of 500, 100000, referred
to and proposed to be funded in the pre-
IL at. @1,,%s
denced by the warrants also referred to
in the preamble Of this resolution, there
are hereby5authorized to- be ISSUED one
hundred (100) negotiable funding bonds
Isl, 100000 each, numbered consecntively
from one "a to one hundred 10O both
numbers inclusive, to be dated tiles first
day of February, 1919, each bearing in
| terest from and. after the, date thereof
until paid at the rate of five per centum
| 6. per cent? per annum, payable on the
first day of November. 1919, and semi-
'tannually thereafter on the first days of
interest .to be evidenced by negotiable
coupons attached 10 8 each bond; tboth
principal and interest payable in lawful
money of the United States Of America,
with exchange, Denison, Iowa. Said
bonds shall become due and payable in
their numerical order as follows;
Bonds Nos. l to 5 inclusive, 100000
1
| Bonds MOI to 10 inclusive 100000
lon the first day of November, 1929 q
! Bonds Nos; II to Is inclusive, 100000
on the first day of May, 1929 1Sg
| on the first dayof November 1929 sa
| Bonds. Nos. II to 25 inclusive, s5oDO00
on the first day of May, 1924. g
Bonds Nos. &c to 80 inclusive, $4,000. 90;
Bonds Nos. 81 to IS inclusive, 100000
on the first day Of May, 1925.
Bonds Nos. 36 to 40 inclusive, $4,000. 90
on the first day, of November. 1925; -
Bonds Nos. Al to As inclusive, $4,000 90
on the first day Of May, 1926.
Bonds Nos. As to so inclusive. $5o0o0o
on the first day of November, 1926.
Bonds Nos. 81 to S. inclusive. 100000
on the first day of May 1927.
Bonds Nos. Sc to 80 inclusive, 100000
| on the first day of November, 1927.
Bonds Nos. 81 to IS inclusive, 100000
on the first day of May, 1928.
Bonds Nos. sc to 70 inclusive, 100000
on the first day Of November, 1928.
Bonds Nos II to 70 inclusive, $4,000 90
on the first day of May, 1929.
Bonds Nos. rs to 80 inclusive, 100000
Bonds Nos 81 to IS inclusive 100000
| on the first day of May. 1890.
Bonds Nos Sc to 80 inclusive, 100000
the r Sas say Of N q 1882 m
on the first day of May, 1881. lE
Bonds Ncs.,96 to 100 inclusive, $5,-
100000 on the first day of November,
1881. 9
:, Section 2. The bonds hereby author
| ICED shall lie in form and recitals SUBJ
stantially as follows: F II
q |;s'7 (Form of Bond)
NO 9...
L. United States of America, l.E5
| Estate of Iowa, County of Crawford,
''as y a. FUNDING BOND :.
The county Of Crawford, in the state
of Iowa, for value received, promises to
pay to bearer one thousand dollars, law
full money of the United States of Amer
lea, on the first day of .........., 49,. 80,
with interest on said sum from. the date
hereof until paid, at the rate Of five per
centum, payable on the first day of No
vember, 1919, and semi-annually there
after on the first days of May and No
vember in each year, upon presentation
and surrender of the interest coupons
hereto attached as they severally be-
come due. Both principal and interest
Of this bond are hereby made payable
at the office of the county treasurer with
exchange, in the city of Denison, 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 irrevocably
pledged 50.
This bond is issued by the board Of
supervisors of said county pursuant to
and in strict compliance with the pro-,
visions Of sections 403 ct seq, Chapter