The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-06-27
LEGAL NOTICES
COMMISSIONERS, PROCEEDINGS

resolution providing for the sale
of 100000 general negotiable coupon
road and bridge bonds Of Bingham
county, Idaho, providing for the form
and details of said bonds and pro-
viding for the payment of the prin-
cipal and interest thereof.
Whereas, at a special election held
In the several voting precincts Of Bing-
ham county, Idaho, on April ~. 1919.
under and pursuant to a resolution of
the board of county commissioners CT
said county adopted on March 10, 1919;
voters Of said county the proposition
of the issuance by said county of it's
general negotiable coupon bonds in
the sum Of 100000 for the purpose Of
roads and bridges In said county, and
Whereas, the proposition submitted
as aforesaid carried and thereafter, on
tion of notice of intention to issue and
sell said bonds and inviting bids
therefore, and said notice has been
Whereas, of the. bids received by
said board for said bonds, pursuant
to- said published notice the bid which
offers the best terms and lowest rate
Trust company and the Continental. &
Commercial Trust & Savings bank, for
all of said bonds which bid is as fol-
lows Paf eerued hod interest 10 and 6d+sa
July, !. 1919: to be in. denomination
of $1,000 each, to bear interest at the
rate, of per cent per annum, PAYABLE
semi-annually on the first days Of
payable both principal and interest. at
Chase National bank in New York City.
and to mature as follows: 100000 on
July L.. 1929, and a like amount an
nually thereafter until all of said bonds
are paid and
whereas, it is for the best interest
of said county that said bid be ac-
Now, therefore. be it resolved by the
Bingham county, Idaho, as follows:
Section !. an That the aforesaid bid
pom road and bridge bonds of Bingham
county, Idaho, be and the same is
Section g. That each of said bonds
shall be known as Bingham county;
said bonds shall be in the denomina--
ton of $1,000 each, shall be numbered
from one to six hundred both inclu-
sve sha be dated TED J Jsts i is1s s aen
per annum, payable semi-annually on
January first and July first Of .ac1
year, for which interest coupons shall
be attached to said bonds; shall be
and shall mature in the order of their.
numbers lowest numbers first: as fol-
lows: 100000 on July /, 1929 and
like amount annually thereafter.
Section g. Each bond must be signed
by the chairman of the board of county
commissioners, attested by the clerk
of said board, and bear the seal of said
board, and be counter-signed by the
county treasurer of said county. and
must also recite that 1t Is issued in
conformity with the provisions Of Title
II, Chapter g. Article 6 of the Idaho
Revised Codes which article must be
printed upon the back of each bond.
The interest coupons attached to said
bonds shall be signed by the county
treasurer and said bonds shall be duly
registered by the county auditor in a
book kept by him for that purpose.
and shall also be recorded by the
county treasurer, as provided by law.
Said bonds. duly executed as aforesaid
in substantially the form hereinafter
set forth, shall be delivered to the
county treasurer and by such officer
delivered to the aforesaid purchaser
at (place to be designated) upon pay
ment of the purchase price therefor,
and the receipt of said county treas
urer Of said purchaser. for said pur-
chase money shall be full acquittance
therefor, and the purchaser shall be