American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1919-08-08

present time OF $125, 900, said indebt-
edness being IN the nature of bonds
heretofore issued by said highway dis
trict, and that the proposed issue OF
$50, 900, together with the indebted
ness of said highway district, includ-
ing all existing Indebtedness will not
exceed ten per centum of the value of
taxable property in said highway dis
trict as aforesaid. and
Whereas, Section so. chapter &C., as
found on page 81, compiled laws Of
the state of Idaho provides that "Ev-
cry highway district shall have pow
er and authority to borrow money and
issue therefor its negotiable bonds
with negotiable interest coupons at
tached, for the purpose of construc-
ton, improvement or repair of any OF
the highways within the district, for
the purchase of material and machin-
cry therefor. for the necessary ex-
penses OF the district in connection
Herewith or for any or all such pur-
poses;" and
Whereas, Section 80, chapter So as
found on page 372, compiled laws OF
the state OF Idaho provided as fol-
lows:
Inc highway DOhIu
OF any such district shall deem II
advisable to issue negotiable cou-
pom bonds of said district for any
of the purposes aforesaid, the
board shall provide therefor by
resolution, which shall specify
the purpose of issuing such pro-
posed bonds, etc."
Now. Therefore. In consideration of
the premises,
Be 1t Resolved and Ordered by the
Board of Highway Commissioners OF
Highway District No. /, Power coun-
ty Idaho, as follows:
l. That at the bond election here
by ordered and called TO be held in
highway district No. l, Power coun
ty, Idaho, within the several election
precincts thereof, on Friday, to-wit,
tie 29th day of August, A. D., 1919,
between the hours OF 500 a. m. and
seven ca o'clock p. m. ut the respec-
tive polling places therein hereinafter
designated, there Will he submitted
TO the qualified electors who are resi-
dents of said highway district the
question following for their vote anG
determination thereat, to-wit:
For the purpose stated in the
resolution of July 25th, A. ID. 1919,
shall the board of highway com
missioners of highway district
No. 1, Power county, Idaho. be
authorized and empowered 10
borrow money and issue therefor
its negotiable bonds to an amount
ag~gregating the pricipal sum OF
$3.50, 900, said bonds not to bear
interest to exceed six per centum
per annum, said negotiable bonds
to have thereto attached negoti-
able interest coupons, 70 rthe pur-
pose OF the construction, improve
ment and repair of any OF the
highways within said highway dis
trict, for the purchase of material
and machinery therefor, and for
the necessary expense OF said dis
trict in connection Herewith, and
to levy and assess a direct annual
ad valorem tax IN all of the tax
able property in said highway dis
trict, and cause the same to be
collected, sufficient to pay the in
terest accruing or said bonds
promptly when and as the same
become due, and to maintain a
sinking fund sufficient to dis
charge the principal thereof at ma
turity?"
2. That the said qualified elector
voting as will, upon said question vot
by ballot, which shall be printed an
substantially the form appearing II
detail in the election notice herein
after set out and made a part OF thi
resolution.
3. That the polls for the ~receptioI
OF the ballots cast on said election
will, upon said day and date, and a
the hereinafter named polling place
in each Of the several precincts OF tn
said highway district, be opened q
the hour OF eight 90 o'clock a. m. an
Will remain open until the hour {
seven (7) o'clock p. M. OF the said da,
when they shall be closed.
4. That the name OF each electfo
precinct in said highway district, u
gether with a description OF its bouT
diaries as fixed and determined by sal
I board, the name OF the polling plaC
therein, and the mn OF the Judge
; who will thereat conduct said elet
. ton, appear in detail In this resoll
1 ton.
2 5. That Immediately upon the cloi
Q OF the polls as aforesaid, the Officer
S conducting said election at the pol
e ing place in each OF the several ele'
= ton precincts OF said highway distri
d shall proceed to canyass the yot'
cast thereat, and declare the result
c said election, and shall thereupS
make out and certify to the return
d of said election, and file the same. I
gether with the ballots cast and pc
d book and tally sheet used there;
d with the secretary OF said highwI
district.
8. That the secretary OF said hig
way district be, and he l shereby d
j. thorized, ordered and directed TO 81
the necessary notice OF said bond ele
e ton for the submission OF said que
ton to a vote. by causing this resol
ton and the notice appearing ther
In TO be published at least ten Il
70 days in the American Falls Press.
Weekl ynewspaper published and
general circulation In said county, a
Of by causing the same TO be posted
three public places I'm each Of the 30
al eral aLqptfou urecinrta of raid his