Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1921-11-10


issuance of Drainage Bonds in antici'
patton of the collection thereof, in the
manner provided by law; now there
fore,
BE 1T ORDERED, by the Board OF
Supervisors of the County of Audubon
in the State of Iowa:
Section /. That the assessment un'
paid, not provided for and not in liti'
cation, heretofore levied on lands
(and highways within said Drainage
District No. l of said County, bene-
fitted. by the improvements heretofore
authorized and ordered to be made,
shall be and are hereby directed to be
paid in seventeen installments as fol
lows, towit:
$2,2S7.86 on the First Monday in
January, 1925.
s2,2S7.s6 on the First Monday in
January, 1926.
$2,2S7.S6 on the First Monday in
January, 1927.
$2,287.S6 on the First Monday in
January, 1928.
$2,287.S6 on the First Monday in
January, 1929.
S2,2S7S6 on the First Monday In
January, 1880.
s2,2s7.s6 on the First Monday in
January, 1881.
$2,2S7.S6 on the First Monday in
January, 1882.
$2,2S7S6 on the First Monday in
January 1888.
$2,287.S6 on the First Monday in
January, 1884.
$2,2S7.s6 ON the First Monday in
January, 1885.
$2,2s7.S6 on the First Monday in
January, 1886.
$2,2s7.s6 on the First Monday in
January, 1887.
S2,2S7.S6 on the First Monday in
January. 1888.
$2,2S7.S6 on the First Monday in
January, 1889.
$2,2S7.S6 on the First Monday in
January, 1910.
s2,2S7.S9 on the First Monday in
January, 1871.
Said unpaid assessments and each
installment thereof, shall be payable
at the office of the County Treasurer
of said County, at the time above set
forth and each installment shall bear
interest from and after the date of the
action OF the Board of Supervisors of
said County confirming and levying
said assessments, not only until paid,
but also until the date of maturity of
the bonds issued as hereinafter pro-
vided) for the account of such install
ments, at the rate of six per centum
(6e6) per annum, payable on the first
T.. t. In, Oh. nd
the County Treasurer shall compute
and shall collect such interest comput-
ed, to the first day of April next sue
ceeding the maturity of such install
ments, as may be required by the
maturity OF the bonds herein author
lied.
Section 2. In anticipation Of the
collection of the several installments
OF said assessments, and in order to
provide presently for the necessary
funds to pay the cost OF the construc-
ton of the said drainage hereinafter
determined upon. there shall be and
there are hereby ordered issued the
negotiable Drainage Bonds of said
County in the aggregate amount of
s3S.S00.00 said bonds shall consist of
Forty-six bonds in number. numbered
consecutively from One to Forty-six
both numbers inclusive of the fol-
lowing denominations:
Bonds Nos. / to 4 inclusive, 6 to 3
inclusive, IL to IA inclusive, 16 to
10 inclusive, 81 to "a inclusive, 26
to 20 inclusive, 81 to "a inclusive,
SO to 80 inclusive, and Al to AZ,
100000 bonds numbers 5, 10, Is,
90, 25, 80, IS, 40, and 43, $4,000
each and bonds numbers A As and
as, $4,000 each, all of which bonds
shall bear date of the First day of
October, 1921, and shall become due
and payable in their numerical or
der as follows:
Bonds Nos. and 2, 100000, April
1, 1926:
Bonds Nos. to 5 inclusive, s2500.-
90. April /, 1926;
Bonds Nos. to inclusive, $4,000
90, April l, 1927;
Bonds Nos. s to 10 inclusive, s2500.-
90, April /. 1928;
Bonds Nos. IL TO IL inclusive,
100000, April /, 1929;
Bonds Nos. Is to Is inclusive,
$4,000. April /, 1880;
Bonds Nos. 16 TO II, inclusive,
100000, April 1, 1881;
Bonds Nos. Is to 90, inclusive,
s2500.0o, April /. 1882;
Bonds Nos. 81 to 22. inclusive,
100000, April /. 1898;
Bonds Nos. 23 to rs, inclusive,
s2500.00, April /, 1894;
Bonds Nos. 26 to 81, inclusive,
100000, April /, 1895;
Bonds Nos. 2S to 80, inclusive,
s2500.O0, April /. 1886;
Bonds Nos. 81 to 80, inclusive,
100000, April 1, 1887;
Bonds Nos. 33 to IS, inclusive,
$25o0.00, Apri4 /, 1898;
Bonds Nos. SO TO 81, inclusive,
100000, April 1, 1899;
Bonds Nos. 3S to 40. inclusive.
$25O0.0o, April 1, 1910;
Bonds Nos. Al to as, inclusive,
S2000.00( April 1, 1941.
Said bonds shall bsar interest at
the rate OF six per centum per an
mum, payable April LIST, 1922, and
semiannually thereafter on the First
days of April and October in each
year until maturity OF Bonds, which
said interest shall be evidenced by
negotiable coupons attached to each
of said bends. Both principal and
interest of said bonds shall be pay
able in lawful money Of the United
States of America, at the banking
house of the White-Phillips Com
pany, in the City of Davenport, State
of Iowa.
Sectien 8. The said bonds and
the coupons evidencing the interest
thereon, shall be in form and recital
substantially as follows:
fFORM OF BOND)
United States Of America
State of Iowa, County Of Audubon
Drainage District No. I
Drainage Bond