Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1920-06-01

faith, credit, and resources of Bound
airy County, in the State of Idaho,
and all taxable property therein. are
hereby irrevocably pledged.
SECTION 10.
Should the tax for the paymen
of the interest on said bonds at n
time not be levied or collected in time
to meet such payment, the interest
must be paid out of any monies in
the County General or Current Elk
pense Fund, and the monies so used
Tor payment of interest, must be re-
pad to the fund from which so taken,
out OF the first monies arising from
taxes collected OF interest account,
and amy excess over and above the in
terest charged shall be placed in a
sinking fund to be known as the
Bond Tax Sinking Fund"
SECTION IL.
That the Board of County
commissioners of Boundary Coun-
ty give at least twenty (20)
days notice, by publication in
the Bonners Ferry Herald, a week
ily, newspaper printed and pub
llshed at Boomers Ferry, in Boundary
County, in the State of Idaho, and
having a general circulation in said
county, in four a. consecutive issues
thereof, prior to the 14th day of
June, 1920, the date herein set for
opening and considering bids for said
bonds and selling the same, that the
Board of County Commissioners of
SAID County intends TO issue, negoti-
ate and sell such bonds and inviting
bidders therefor, said notice to con-
tam a brief description of said bonds,
to state the time and place where
said bids will be opened and consid-
cred and the bonds sold, and to be
in substantially the form following.
to-wit:
NOTICE OF INTENTION TO IS
SUE, NEGOTIATE, AND SELL
BOUNDARY COUNTY ROAD
AND BRIDGE BONDS, TO THE
AMOUNT OFf$35,0 10000 AND IN
VlTING BIDDERS THEREFOR.
NOTICE is HEREBY GIVEN.
mat the Board of County Commits
sloners of Boundary County, Idaho,
intends to issue, negotiate, and sell
boundary County Road & Bridge
BONDS, IN the aggregate amount of
Ihirty-five Thousand Dollars (S35.-
100000, said bonds to be thirty-fiye
l.ool IN number, numbered consecu-
lively from ~forty-one (41) to seven
ty-flve (75) both inclusive, and of
the denomination of one thousand
dollars ($1y000.00) each; said bonds
to bear interest at not to exceed six
per cent (6 per cent) per annum.
payable semi-annually; each of said
bonds to be dated July LIST, 1920, and
TO become due and payable and to
be redeemed in the order of the num-
bers, lowest numbers first:
S4,0O0.W on the LIST day of July, 1880,
100000 on the 1st day of July, 1881;
$4,00O.W on the LIST day of July, 1882:
$4,000.00 on the LIST day of July, 1888:
$4,0OO.0O on the LIST day of July, 1884;
and
100000 on the LIST day of july. 1895:
$3,O0O.O0 on the 1st day of July, 1886;
$3,000.00 on the LIST day of July, 1887:
$3,000.00 on the LIST day of July, 1898:
100000 on the 1st day Of July, 1899.
Both principal and interest of said
bonds shall be payable at the County
Treasury of Boundary County, or at
the banking house of the Atlantic
National Bank in the City of New
oNs q VIC optlOn VI lie HOlQeT
thereof.
Sealed bids for said bonds will be
received by the Board of County
commissioners of said County, up to
June 18th, 1920, at the County Board
Room, in the Courthouse, at Boomers
Ferry, Boundary County, Idaho.
Bids must name the best terms and
lowest rate of interest at which bid
ders will purchase said bonds. No
bid will be considered for a greater
rate of interest than six per cent C.
per cent? nor for less than the par
value of said bonds with accrued in
terest added thereto.
Bids must be unconditional and the
bidder must be prepared to pay for
said bonds within fifteen (15) days
after acceptance of the bid therefor.
Each bid must be accompanied by
an unconditional certified check in
the sum of Thirty-five Hundred ($3,-
100000 dollars payable to the County
Treasurer of Boundary County.
Bids will be opened and considered
by the Board of County Commission
ers of Boundary County, at an adj
journed regular meeting thereof, to
be held in the County Board Room
at the Courthouse, at Bonners Ferry,
Boundary County, Idaho, on The 14th
day of June, 1920, at 3 o'clocb p. in.
The Board reserves the right to re-
ject any and all bids.
Dated at Boomers Ferry, Boundary
lJcnty, Idaho, this 10th day of May,
A. d. 1920.
JAMES A. WEIGH,
Chairman.
G. S. COLLINS,
F. G. CHAMBERS,
Board of County Commissioners,