Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1921-12-08

lars ($100, 100000, to be used exclu-
sively for the purpose of constructing
and repairing roads and bridges with
in said county.
Said bonds shall be known and
designated as Boundary County Road
and Bridge Bonds, Series 2B'; they
shall be 100 in number, numbered
consecutiyely from l to 100, inclusive,
and of the denominations of One
Thousand Dollars ($1,O0OOO) each.
Both principal and interest of said
bonds shall be payable in gold coin
of the United States of America, of
the present standard of weight and
fineness, at the County Treasury of
Boundary County, Idaho, or at the
banking house of the Atlantic Nation
al Bank, in the City of New York, at
the option of the holder thereof
Said bonds shall be dated January
list, 1922; shall be due and payable
and shall be redeemed by said county
as follows: Ten per cent (10@o) there
of on the first day of January, 1882,
and ten per cent thereof on the first
Gay of January in each and every
year thereafter until all of said bonds
shall have been paid and redeemed by
said county. Said bonds, or any part
thereof, may, however, at the option
of the county, be redeemed at any
time after ten years from their date
of issue, which time and option must
be stated upon the face of each bond.
and each bond must be redeemed in
the order it is numbered, lowest num-
bers first
Said bonds shall bear interest from
the date thereof until paid, at such
rate per annum, payable semi-annu-
ally on the first days of January and
July of each year, as the bidder Of
fering to take the same at the low
est rate of interest and upon the best
terms shall offer to purchase the same
for, but at not to exceed six per cent
C6%o) per annum, payable semi-an-
nually Said interest shall be evil
denced by semi-annual interest cou-
pons to be attached to each of said
bonds.
Section 8.
That each of said bonds, and each
of the interest coupons to be attached
thereto, together with the registration
certificate of the County Auditor to
be endorsed thereon, shall be in sub
stantially the respective forms, to-wit:
UNITED STATES OF AMERICA
STATE OF IDAHO
Boundary County Road and Bridge
Bond.
SERIES 2B
No........ 100000
FOR VALUE RECEIVED, Boundary
County, in the State of Idaho hereby
acknowledges itself to owe and prom
ises to pay to the bearer hereof the
principal sum of One Thousand Dol
lars ($1,000.00) in gold coin of the
United States of America of the pres
ent standard of weight and fineness,
on the 1st day of January, A. D., 10.
together with interest on said sum,
in like medium, from the date here
of until paid, at the rate of. per
cent (......%) per annum, payable
semi-annually on the first days of
January and July of each year, as
evidenced by and upon presentation
and surrender of the annexed inter-
est coupons as they severally become
due.
This bond may, at the option of
Boundary County, be redeemed at any
time after ten years from the date of
its issuance.
Both principal and interest of this
bond are payable at the County Treas
ury 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 thereof.
For the prompt payment of the
principal of this bond at its maturity.
and the interest thereon as the same
ia duo fhn full fotf i
resources of Boundary County in the
State of Idaho, and all taxable prop
erty therein, are hereby irrevocably |
pledged
This bond is one of an issue of |
One Hundred bonds of like date, |
amount and tenor, aggregating the |
sum of One Hundred Thous- |
and Dollars ($10O,00000), issued for
the purpose of acquiring funds with |
which to construct and repair roads |
and bridges within said County, in |
accordance with a vote of more than
two-thirds of the qualified electors of
said county voting at an election duly
and legally called, held and conducted
in said County, for the purpose of
ascertaining the will of the qualified
electors thereon, on November 2, 1920,
and in pursuance of action taken by
the Board of County Commissioners
Of said Boundary County, at regular
meeting thereof held on the 22nd day
Of September, 1920, and notice of said
election duly given for the time and
In the manner required by law, and
under and by virtue of and in strict
with the Constitution of
he State Of Idaho and the provisions
If Article 8, Chapter $780, Title 20, Of
he compiled Statutes of Idaho, and all
legislative enactments amendatory
hereof and supplementary thereto.
1T is HEREBY CERTIFIED, RE-
cited AND WARRANTED that
Boundary County, in the State of Ida
10, is body polite and corporate,
July created, organized and operating
Is such under and by virtue of the
avs of the State Of Idaho; that all
Kings, acts, and conditions required
~ the Constitution and laws of the
State of Idaho to exist and happen. S
md to be done and performed, pre- {
'edent to and in the execution and !