American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1919-08-01

sealed with the sea- of said district
which seal shall be impressed thers-
on. and each OF The interest coup ms
to be attached TO the said bonds shall
be executed by the engraved facsimile
signature of said treasurer; and
should the said election carry, tae
said officers are hereby authorized or
dered and directed to cause said bonds
and coupons to be prepared substan-
TALLY in the forms respectively here
inabove set forth. and to execute the
same for and on behalf of said high
way district as and in the manner
afooesaid. that after their execution
and before said bonds are delivered
to the purchasers aforesaid, they
shall be registered by the secretary Of
said highway district in a public rec
ord book to be kept in the office for
that purpose, which shall show each
bond, its number, date of issuance,
amount, date of maturity, rate of in
terest number of coupons attached,
a proper description thereof for fu-
ture identification and the name and
postoffice address of the purchaser,
and the said secretary shall endorse
a certificate of such registration up-
on the reverse side of each of said
bonds, that said bonds, and each of
them, when so registered by said sec
rotary, shall by said secretary be de-
livered to the district treasurer afore-
said, and the said treasurer shall
forthwith deliver said bonds TO the
lawful purchaser, upon payment e
him of the agreed purchase price
therefor. and the proceeds derived
from the said bonds shall be useC
solely for the purpose for which saiC
bonds were issued.
10. In case the issuance of s6it
bonds shall be approved by the cleo
tors, then the interest falling due OF
the aforesaid bonds on January Isl
1920, shall be, and the same is here
by ordered appropriated and paid b.
the treasurer of said highway dis
trict out of the general fund or an.
moneys in his hands belonging Z
said district. and for the purpose u
providing the necessary funds to re
imburse the amount so borrowed, an
also to pay the interest a%ccruing o
? said bonds subsequent to January Is
1929, promptly when and as the sam
falls due and TO constitute and mair
tain a sinking fund sufficient for III
discharge Of the principal thereof {
maturity, there shall be and there
hereby levied upon all of the taxabl
property in said highway district,
addition to all other taxes, the follGv
ing direct annual ad valorem tax, &
!, wit: Beginning with and In each
the years 1919 to 1893 inclusive,
, direct tax for interest, sufficient
= raise annually a sum equal to the II
terost accruing on said bonds; al
;, in each of the years 1929 to 1898 i
y elusive, a further tax for the prime
pal sufficient to annually retire on
y tenth of the principal amount of sa
bonds; and said tax, when collect'
; shall be kept in n separate fund TO
? known as and designated "Highwi
70 District No. l OF Power county, Ida
q bond interest and sinking fun(
o which shall be ~irrevocably pledged
and used solely for the payment
-. the interest on and the principal
=. the said bonds hereby authorized VIII
2" due, so Ion gas any OF said bonds
the interest coupons thereto app
tanning remain outstanding and U
j.. paid; and for greater certainty {
u board OF county commissioners
u said county shall in each of 81
AZ years 1919 10 1890 mClublFcI Inclu
~ the bond tax hereinabove levied
such year in the annual estimate
said highway district for such ye
and said bond tax shall in each
We said years be certified, extended
= on the tax rolls, and collected by
g. same officers in the same manner O
w at the same time as the taxes for y
49, oral county purposes for said COZ
'iyy ty are certified, extended and c
lected.
II. II shall be the duty OF
ia board OF county commissioners, 4
no. they are hereby required annually
aid the time and in the manner proyi'
ali by law for the leyying Of other ta1
led to ratify and carry out the pro- ST
by hereof with reference to the levy
aid Of taxes, and requiring the offlc
nd OF and for said county to levy,