The Belding banner-news. (Belding, Mich.) 1918-1973, 1920-02-25
Notice

Notice of special meeting Of the
qualified electors of school district
No. 8, city of Bedding, county of
Ionia, and state of Michigan. To the
qualified electors Of said school dis
trict:
Please take notice that a special
meeting of the qualified electors of
said school district will be held in
the city hall in said district on the
26th day of February 1870 at 8 o'clock
p. m. for the purpose of submitting
the proposition Of whether or not said
school district shall borrow the sum
Of one hundred and twenty five thous-
and dollars ($125, 00O) and issue the
bonds of said school dist. therefor, for
the purpose of erecting and furnish
ing two new school buildings in said
district and providing sites therefor,
said bonds to mature and be payable
on such date or dates and bear such
rate of interest per annum as the
qualified electors of said District shall
determine by their vote at said speci-
al meeting.
The polls of said special district
meeting will be open from o'clock
p. m. until o'clock D. m. on said 26th
day Of February, 1920.
Take notice that the Board of Ed
ucation of said school district No. 9
city Of Belding. has estimated the ex-
pense Of erecting and furnishing two
new school buildings therein and pro-
viding sites therefor, at one hundred
and twenty FIVE thousand dollars
($125.000).
This notice is given by order Of the
Board of Education of said school dis
trict No. 8, city of Bedding, county of
Ionia and state Of Michigan.
Dated this 4th day of February, A.
d. 1920.
B. F. Brown, E. C. Lloyd,
Secretary. President.
Be 1t Further Resolved That The
Form of Ballot To Be Used at said
special district meeting shall be as
follows:
Shall School District No. 9,
City of Bedding, County of Ionia,
and State of Michigan, borrow
the sum of one hundred and twen-
ty-five thousand dollars 1925
000) and issue it's bonds therefor
for the purpose of erecting and
furnishing two new school build
ings in said District and prOvid-
ing sites therefor, said bonds to
bear interest at the rate of FIVE
per cent $50 per annum, pay
able as follows:
$4,000 one year from date of issue.
$1,000 two years from date of issue.
$4,000 three years from date of issue.
$4,000 four years from date of issue.
$4,000 five years from date Of issue.
$4,000 each year thereafter until the
full sum of $125,000 has been paid.
YES
Shall School District No. Q,
City of Bedding, County of Ionia,
and State of Michigan, borrow
the sum of one hundred and twen-
ty-five thousand dollars ($125,-
000) and issue its bonds therefor
for the purpose of erecting and
furnishing two new school build
ings in said District and provid-
ing sites therefor, said bonds to
bear interest at the rate of five
per cent (596) per annum, pay
able as follows:
$4,000 one year from date of issue.
$4,000 two years from date Of issue.
$4,000 three years from date of issue.
$4,000 four years from date of issue.
$4,000 five years from date of issue.
$4,000 each year thereafter until the
full sum of $125,0OO has been paid
] NO
Be 1t Further Resolved that all
resolutions or parts Of resolutions in
conflict with the provisions of this
resolution in so far as they conflict
herewith, be and the same are hereby
recinded and repealed.
Ayes: Members; Lloyd, Driese,
Berry, Hall, Brown.
Nays: Members; CO.,.
On motion duly made, seconded and
carried, the meeting was adjourned.
B. F. Brown, Sec.