, 1922-07-27

delivery, and upon motion duly
made, seconded and unanimously
Of the said Boettcher Porter & Co.,
and declared the bonds duly sold to
him.
Thereupon Trustee Hans Larsen
introduced the following resolution:
RESOLUTION
WHEREAS, by Ordinance of the
City OF Rawlins, Carbon County,
Wyoming, the Board of Trustees OF
said city, did order the preparation,
execution and advertisement for sale
of Sewer Bonds Of said city in the
aggregate principal amount OF $780,
1000 consisting of 20 bonds num-
bered from / to 20, inclusive, of the
denomination of 100000 each,
dated July /, 1922, absolutely due
and payable July LIST. 1912. but re-
deemable at the option of said city
on or after July LIST, 1882, bearing
interest from their date until paid at
the rate of s per centum per n
mum, payable semi-annually on the
first days of January, and July, re-
s~pectively in each year, both prin-
cipal and interest being payable in
lawful money of the United States Of
America at the office of the City
Treasurer in Rawlins. Wyoming or at
the National Bank of Commerce in
the City and State of New York,
U. 8. A., at the option Of the holder,
the said bonds being a part OF a
total issue OF $46,000.00 authorized
by a special election held in said
4 1ttyy mn thn Och lar 80 N-N
1920; and
WHEREAS, said bonds have been
duly advertised for sale in the man
ner provided by law and said resolu-
ton, and the Board Of Trustees Of
said city has considered all bids re-
ceived for the purchase Of said
bonds;
NOW. THEREFORE. BE IT RE-
SOLVED BY THE MAYOR AND
BOARD OF TRUSTEES OF THE
CITY OF RAWLINS. CARBON
COUNTY, WYOMING. as follows:
l.. That all things required by
law to exist and to happen and be
thorize the Mayor and Board OF
the bonds described in the preamble
hereof, do exist and have happened
and been done, and performed in
the and form required ~
law.
2. That the bid OF Boettcher Por-
ter & Co. Is the highest and best bid
received for the purchase of said
bonds, being for a price exceeding
the par value thereof, with all ac-
crued interest thereon until the date
Of their delivery, and the said Board
Of Trustees for and on behalf Of said
city has and does hereby accept said
bid and the said bonds are hereby
declared sold to the said Boetcher
Porter & Co.; and when said bonds
have been executed and registered
in the manner provided by law and
the ordinance of said city, the Treas
urer Of said city Is hereby authorized
and directed to deliver said bonds to
the lawful purchaser thereof upon
receipt of the agreed purchase price
therefor.
). That the Mayor, City Clerk and
City Treasurer, the County Assessor
of said Carbon County and all other
officials of said city or county of
whom it may be required, are here
by authorized and directed to de-
liver to the the purchaser Of said
bonds all certificates, transcripts or
other documents as may be necessary
or required to fully evidence the
legality Of said bonds and of the
proceedings authorizing their is
suance.
4. That upon the receipt Of the
purchase price Of said bonds, the
Treasurer Of said city shall hold the
same in a separate fund subject to
the order Of the Board Of Trustees
of said city to be used exclusively for
the purpose of constructing or COM
pleting the construction of an ade-
quate system in and for said
city, but the purchasers of said
thereof shall be in no wise respons-
ible for the application of the pro-
ceeds of said bonds by the City
Treasurer, Board of Trustees or any
Of the officers Of said city, and the
said bonds, when they have been de-
livered to the purchaser thereof,
shall thereafter be incontestable and
their legality shall not be open to
question or contest by any person or
persons, corporation n corporations,
or by said city for any reason or
reasons whatsoever.
PASSED BY THE BOARD OF
TRUSTEES, this 21st day Of July,
A. D. 1922.
APPROVED: July 21st, 1922.
E. A KEEL,
Mayor,
ATTEST: LEE I. METHUDY,
(Seal.) City Clerk:
The foregoing resolution having
been read in full by the City Clerk,
Trustee Larsen moved that all ordi-
nances, rules or regulations govern
ing the Board OF Trustees, which IN
less suspended. would prevent the
final passage and adoption of said
resolution at this meeting, be sus-
pended. A motion for the suspen-
sion Of the rules was duly seconded
by Trustee H. .Perrett and the Ques-