The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1921-03-31

ito Water Works bond dated April
18th. 1921, No. ---.
Attest: $3.50. .......
! (seal) City Auditor.
i And that on each Of said bonds
shall be endorsed the following GER
tificate:
State OF South Dakota, County
Of Bon Homme. City of Scotland, ss.
/ hereby certify that prior to the
delivery of the within bond it was
registered by me 40 provided by Sec
ton GALS. South Dakota Revised
Code, 1919.
City Treasurer.
| Section 8. That the Mayor and
City Auditor are hereby authorized
and directed to make ready and ex
ecute said bonds for and on the
lity's behalf and the coupons evid.
encing the interest thereon may be
executed by the printed. Autographed
or engraved facsimile of the sigma
lures of said officers affixed thereto.
After their execution said bonds shall
be delivered to the City Treasurer to
be by him registered and delivered to
the purchasers thereof upon the re.
ceipt of the purchase price therefor.
The proceeds of said bonds ehail be
deposited in special fund by the
| City Trea. urer. which fund shall be
used and applied solely for the pur-.
pose for which said bonds are isaped
rs above provided.
Section d. That notice of Che sale
of eaid bonds shalt be given by the
publication Of tuch notice in the Citi.
gen Republican and the Scotland
Journal, newspapers published in said
City, for three (3) successive weeks
prior to such sale. and that bids for
the purchase of said bonds will be re-
ceived at the City Council room in
said city up to seven o'clock, p. M,
on the 9th day of April, 1921. That
the notice of the sale of said bonds to
be published in said papers shall be
substantially as follows:
NOTICE OF SALE OF WATER
WORKS BONDS
Notice is hereby given that bids
will be received at the City Ccun.
Gil room in the City of Scotland,
South Dakota, until Seven O'Clock, p.
m on the 9Th day, Of April. 1921,
for the purchase Of Waterwe rka
bonds of said City of Scotland. South
Dakota, described generally as fol.
lows:
Amount Of Issue: $4,000
Denomination of Bonds: 81, 600. 90
each
Date of Iesue: April 18th. 1891.
Date of Maturity: April 18th,
194I.
Interest Rate: 6 per cent payable
semi annually.
Law: South Dakota Revised Code,
1919. Title 6, Part 8, Chapter 10,
Article /, and acts Amendatory
thereof.
Bids must be without condition and
be accompanied by certified check
of 10 per cent of the amount thereof,
payable to the City Treasurer, to be
forfeited to the city in the event the
| successful bidder fails to take and
pay for the bonds in accordance with
| the terms of his bid.
The City reserves the right to re-
! ject any ard sii bids.
Sy Order of the City Council.
Dated this 1Ath day If March,
1921.
VIM. F. HANSEN,
(seal) City Auditor.
Section 5. That for the purpose of
providing fund to meet the interest
on said bonds, when and as the same
fall due, and also to constitute a
sinking fund for the redempti IN and
payment of said bonds at maturity,
there shall be and there hereby is
ordered levied upon all the taxable
property in said Citv, in addition to
all other taxes, direct continuing
annual tax sufficient t. produce in
each of the years 1921 to 1941, both
years inclusive, for such interest and
principal the following sums:
For For
Year Interest Principal
1921 $4,000 $1,000