The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1922-03-17
NOTICE OF SALE OF BONDS OF
LEMHI COUNTY, STATE OF IDA

HO.
In compliance with an order of the
Board of County Commissioners Of
Lemhi county, State of Idaho, duly
mdae and entered on the 2Sth day
of February, A. ID. 1922
Notice is hereby given, that the
Board of County Commissioners of
Lemhi county, in the State of Idaho,
will issue and sell negotiable coupon
bonds of said Lemhi county, amount
ing to the sum of FIFTY THOUS-
AND DOLLARS ($50,000.0 0), describ-
ed as follows:
Fifty (50) bonds in the denomjn-
alton of ONE THOUSAND DOL
LARS ($1 100000 each; all to be dat
ed January 1st, 1922, bearing interest
at a rate not to exceed six per cent
(6@t) per annum, interest payable on
the first day of January and the first
day of July in each year; principal
and interest payable at the office of
the County Treasurer of Lemhi coun-
ty, State of Idaho, or at such banking
house in the City and State of New
York as may be hereafter designated
by the Board of County Commission
crs of said Lemhi county.
( Said bonds to be designated and
known as "Road and Bridge Bonds
Number Two of Lemhi County, Ida
no. and to be numbered consecutiVely
from one to fifty q to 50) both num-
bers inclusive.
/ Said bonds to be redeemed by said
Lemhi county, IN the following man
ner: Ten per cent of the toad amount
issued to be paid in ten O0) years
from the date of issue thereof, and
ten (10) per cent annually thereafter
until all of said bonds are paid, and to
be paid in the order in which they
are numbered.
Said bonds to be issued under and
by virtue and in strict compliance
with sections 3519 to 1851 inclusive,
of the Idaho Compiled Statutes, and
all acts and parts of acts amendatory
thereof, or supplemental thereto; and
ALSO by virtue of the authority of a
vote of the qualified electors of the
several voting precincts of said Lemhi
county, present and voting on the
question at an election held for that
purpose in the several precincts of
said Lemhi county, Idaho, on the sec
ond lay.of November, 1920, at which
election more than two-thirds of said
oleaf Nnted in favor of the issuance
and Scf said bonds.
u We Of said bonds to be made
to tRFsWarchaser, as soon after the
award thereof as the same can be
properly engraved, printed, executed
aud registered.
No bid will be considered for less
than the face or par value of said
bonds and accrued interest at the time
OF disposal
Sealed bids for said bombs will be
received by the Board of County Com
missioners of said Lemhi county, Ida |
no, directed to w. w. Simmonds, Clerk |
Of said Board, at Salmon, Lemhi
county, Idaho, up to Wednesday, the
18th day of April, A. ID. 1922, at 10
o'clock A. Nj. of said day, and will be
opened and considered beginning inn
mediatcly thereafter on said day.
Each and every bid for said bonds |
must be accompanied by certified
check, for the sum of FIVE THOUS- !
AND DOLLARS ($5,000.00) payable
to the Treasurer Of said Lemhi county,
Idaho, to be forfeited to said Lemhi
county as liquidated damages, if the
bidder to whom the award Is made
shall fail or refuse TO make good his
bid, receive and pay for said bonds
in accordance with the terms of such
bid, through no fault or defect of the
legal proceedings or the record there
of, had and made relating to said
bonds.
The Board Of County Commission
ers oil said Iemhi county. Idaho, here
by reserves the right to reject amy or
all bids received for said bonds, and TO
70 advertise for bids therefor, by orig
igal notice,
Datei at Salmon, Lemh county,
ldahc this twenty-eighth day Of Feb
ruarg, a D, 1922.
W. A. BRtNEY.
Chelrnen. Of the Board Of County
Commissioners 81 Lcmhi county, ida.
hc
at4 ". w SlMNONDS /
Clerk, /
Sf{EsFHES NOTICE or SALE