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

s3,000.00 on the LIST day of .Julv 1e9e,,
So,0oO;o0 on the LIST day of july. 1890
Each bond must be redeemed in tbe
order which it is numbered. lowest
number first. i0"es'
SAID bonds shall bear interest FROM,
uhe late thereof until paid. AZ s,1ch
rate per annum, payable semi-annnaI-
~ on the first DAYS of .J~annarzr ana
Suly VI eaen year, as the bidder of
fering to take the same at tha lou,os+
race Oh interest and upon the best
terms shall offer to purchase the
same Tor, but at not to exceed Six
per cent (6)) per annum, pavable
seml-annually ~; said interest shall be
evidenced by semi-annual interest
coupons to be attached to each of
said bonds. u
SECTION 8.
mat each of said bonds. and each
OF the interest coupons to be attached
thereto, together with the repistra-
tlon certificate Of the county auditor
70 be endorsed thereon, shall be suh-
stantlally the respective form fol-
lowing, to-wit:
((Form of Bond).
UNITED STATES OF AMERICA
STATE OF IDAHO
BOUNDARY COUNTY ROAD AND
H. BRIDGE BOND.
FOR VALUE RECEIVED Bound.
airy County, in the State Of Idaho
hereby acknowledges itself to owe
ana promises to pay to the bearer
hereof the principal sum of One
Thousand $1,000.00) dollars in gold
com OF the United States of Amer
lea, OF present standard of weight
n flneness, on the LIST day of july.
, together with interest on said
sum, In like medium, from the date
hereof until paid, at the rate Of.
per cent (--.-~-.per cent? per annum.
payable ~semi-annually on the first
days OF January and July of each
year, as evidenced by and upon pre-
s~entation and surrender of the an
nexed interest coupons as they sever
ally become due.
1, Both principal and interest of this
bond are payable at the County
treasury of Boundary County, or at
the banking house of the Atlantic
National Bank in the City of New
York, at the option of the holder
hereof.
For the prompt payment of the
principal of this bond at it's matur-
ity, and the interest thereon as the
same falls due, the full faith, credit,
and resources of Boundary County,
In the State of Idaho, and all tax
able property therein, are hereby ir-
revocably pledged.
This bond is one of an Issue of
thirty-five 1861 bonds of like date.
amount and tenor, aggregating the
principal sum of thirty-five thousand
($35 100000 dollars issued for the
purpose of acquiring funds with which
to construct, build, and repair roads
and bridges within said county, in
accordance with a vote of more than
t~wo-thirds (2-3) of the qualified elect
ors of said County voting at an cleo
ton duly and legally called, held,
and conducted in said County, for the
purpose of ascertaining the will of
the qualified electors thereon, on July
31st, A. D. 1917, and in pursuance of
action taken by the Board of County
Commissioners of said Boundary
County, at a regular meeting thereof
held on the 10th day of May, A. D..
1920, and notice duly given thereof
for the time and in the manner re-
CURED by law, and under and by
virtue of and in strict conformity
with the Constitution of the State of
of Idaho and the provisions of Arti-
Gle 6, Chapter 2, Title II, of the
Revised Codes of the State of Ida
no, and all legislative enactments
amendatory thereof and supplement
airy thereto.
1T is HEREBY CERTIFIED, RE
CITES AND WARRANTED that
Boundary County, in the State of
Idaho, is a body polite and corporate,
duly created, organized and operating
as such under and by virtue of the
laws of the State of Idaho; that all
things, acts and conditions required
by the Constitution and laws of the
and to be done and performed, pre-
cedent to and in the execution and
issuance of this bond, and of the is
sue of bonds of which it forms a
part, in order to constitute the same
the valid, subsisting and binding leP-
al obligation of said County, do exist
and have happened, and have been
done and performed, at the times
and in regular and due manner and
form, as required by law; that the
total Indebtedness of said Boundary
County, in the State of Idaho, includ-
ing this bond and the issue of bonds
of which it forms a part, does not
exceed any constitutional or statu-
tory limitation of Indebtedness, pre-
scribed for said County; that pro-
vision has been made for the levy
and collection of a direct annual tax
upon all of the taxable property in
said County, in addition to other au-
thorized taxes sufficient to pay the
interest on this bond and on the
issue Of bonds of which this bond
forms a part, promptly as the same
falls due, and for the levy and col
lection of a sufficient additional tax
upon all of the taxable property in
said County, in addition to other au-
thorized taxes sufficient to pay the
interest on this bond, and on the
issue of bonds of which this bond
forms a part promptly as the same
falls due, and for the levy and col
lection of a direct annual tax upon
all of the taxable property Of said
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