The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1920-12-02

hOfSu ehdI Ine heluiulHS bOnuS
could be sold; and that they had re-
cieved a bid from w. L. Slayton &
: Co. of Toledo, Ohio, accompanied by
the following letter:
Wolf Point, Montana,
November 10th, 1920.
To the Honorable Mayor and City
Council of Wolf Point, Montana.
Dear Sir:
We attach hereto our bid dated
November 10th, 1920, for $4,000
approximately, legally issued Re
funding Bonds to be issued by the
City of Wolf Point, Roosevelt county,
Montana.
This bid is submitted with the I'M
derstanding and upon the condition,
which condition is hereby made a
part of said bid, that we will prepare
all proceedings in connection with
the issuance of said Refunding Bonds
if assisted by your clerk, also have
our attorney disapprove the issuance
OF $4,000 recently voted water
bonds, print the said Refunding
Bonds, have our attorney pass upon
all proceedings connected with same.
We will also act as your fiscal agents,
and for the above expense, as we'll as
for our travelling expense, stationery,
brokerage, etc, your Honorable May
or and City Council is to pay to E.
f. Slayton in the city of Wolf Point
warrants to the amount of the ac-
crued interest and the difference be-
tween 500 and 1907 on the dol
lar, said accrued interest and differ
ence is to be paid to the said E. F.
Slayton as and when the said Refund
ing Bonds are taken up and paid for
by the said w. L. Slayton & Com
pany. Said warrants which are to
be issued to the said E. F. Slayton
in payment of the above described
expense are to be taken up and paid
for out of the proceeds of the above
described Refunding Bond Issue.
Very truly yours,
w. L. Slayton & Co.
By H. G.. Walking.
On motion of Alderman Everett,
the report of the committee of the
as a whole was accepted, APP
proved and order entered in the min
ates of this meeting. Unanimously {
I
Bid For $4,000 Bonds G
The following bid accompanied
he letter from w. L. Slayton: S
Wolf Point, Mont, c
November 10th, 1920. y
20 the Honorable Mayor and City :
Council of Wolf Point, Montana. :
Dear Sir: =
For $4,000 approximately, legally :
ssued bonds to be issued by the city
f Wolf Point, Roosevelt county, :
fontana, to bear date of November q
F, 1920; to mature as follows, TWEEN !,
y years, optional fifteen, to bear in
crest at the rate of 81 per annum, n
semi-annually, both principal
nd interest being payable at City :
Jerks office, Wolf Point, Montana,
r any bank in New York, in the
tate of New York, at our option; to ce
e in denomination of $500 or $1,000
ach as far as possible, we will pay
0u subject to our attorneys approx
when delivered to us in Toledo,
hio, with all coupons attached, par
Id accrued interest to date of de-
very.
This bid is based upon information
'ntained in Financial Statement,
'py of which has been furnished us
your clerk and submitted with the
lderstanding hat prior to taking
!, and paying for said securities we
e to be furnished with a full, com
etc and satisfactory certified trans
ipt of the record of proceedings
aiding up to and eliminating in
cir issuance and delivery satisfac-
rily showing, including bond form
d recital, full legal compliance
tn all requirements; and transcript
be furnished us within (-----)
US from the date of this bid.
Respectfully submitted,
w. L. Slayton & Co.
By H. G. Walking.
Acceptance of Proposition
On motion of Alderman Lynn, sec