The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1921-07-29

of sale and order of this Board, dated
the 25th day of June, 1921, the Board
proceeded to open and consider the
only bid received for the proposed is
sue Of $30,000.00 Of negotiable bonds
of Lemhi county, Idaho, for the pur-
pose Of road construction, and which
bid and proposal is found as follows,
to-wit:
/ ANTONIDES e. COMPANY, In
vestment Securities, United States
National Bank Building, Denver. July
10, 1921.
! Honorable Board Of County Com
misioners, Lemhi county, Idaho. y,a
Gentlemen: -
I As per your Notice Of Sale for the
$4,000 Lemhi County Road and
Bridge Bonds, with full number of
coupons attached, which you offer for
sale on July 23rd, 1921, said bonds
to be dated July LIST, 1921, to be due
without prior option serially, 1917 in
their numerical order ten years after
date, and 1917 each year thereafter
until all Of said bonds are paid, bear
ing interest at the rate of six per cen
tum per annum, payable semi-annual-
ly both principal and interest, to be
made payable at the Banking House
Of kountze Brothers, in the City and
State of New York, bonds to be in
the denominations of $1,000 each, we
will pay you upon delivery of said
bonds to US in Denver, Colorado, free
of exchange or collection charges:
The par value Of said issue and ac-
crued interest from date of issue to
date of delivery.
Prior to the issuance and delivery
Of the above mentioned bonds it is
understood and agreed that you are
TO furnish us with complete certi-
fed transcript of all of the proceed
inRs had and taken in connection with
the issuance of these bonds, evidenc-
ing their legality to the satisfaction
Of our attorneys.
We are attaching hereto OR certi-
fed check No. 1924, for 100000, pay
able to the order of the County Treas
urer, which check is to be held, un-
cashed and unnegotiated, as evidence
Of our good faith, and which is to be
returned to us Immediately should
our attorneys fail to approve the le-
gality of said issue.
For and in consideration of our act
ing as your fiscal agents in the dispo-
sition Of the bonds, our attorneys
fees incidental to the examination and
approval of the legal proceedings, and
for the preparation of the blank bonds
ready for execution, and our neces-
sary sales expenses, we are to be al
lowed the sum of $2,730.00, which
sum is to be paid us in the form of
cash or certified check, or is to be de-
Quoted from the aforesaid purchase
price simultaneously with the deliv-
cry to and payment for said bonds at
our office in Denver, Colorado.
Respectfully submitted,
ANT0NIDES & COMPANY,
BY Gray B. Gray, Manager Bond
Department.
The above proposition is hereby
accepted this go. day of .. A. d.,
1921, for the County of Lemhi, Idaho,
BY ORDER OF THE COUNTY
COMMISSIONERS, and the above
bonds are this day sold to ANTONI-
DES q COMPANY, DENVER, COL
ORADO, as per the terms and con-
ditions of the above offer and con-
tract.
Chairman, Board of County Com
missioners.
Attest:
County Clerk.
The Board having fully considered
the said bid submitted under the
terms of the notice, and it appearing
to the Board that the sum asked for
is equal to discount of over nine
per cent. the Board therefore, by
vote of both members present, reject
ed the said bid, and ordered the Clerk
to return the certified check to said
bidder.
IN THE MATTER OF AN ORDER
FOR CULNERTS:
1t appearing to the Board that there
will be practically no road work done
this year. il Il therefore ordered that
the tentative order heretofore given
the HafdeSty Mfg. Co. for car of
culyerts. Sc AID the same is hereby