The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-03-07

unity tcSt bcrt--cstimdtcu CSct VI
one hundred twenty-one thousand
dollars ($121 600. 0o). also:
Beginning at n point on state aid
route IL, 800 feet east of the north
west corner of section Is, township
16, north, range 3, west of the 4th
p. m, thence west four and two
tenths (4-2) miles to Edgington
thence west on said route IL two and
one-half (2h) miles more or less to
the southwest corner of the southeast
| quarter Of section IL, township 16
north, range 4, west of the 4th D. m.
thence north seven-eighths (H) mile
more or less on said route IL, thence
westerly on said route IL four and
eight-tenths (4S) miles more or less
to Illinois City at the west line of
section township II north west Of
| the 4th p. m, thence west on said
route II, through sections II, II and
10 to the center of section 10 town.
ship 16 north, range 5 west of the
| 4th p. m, thence north one-half (h)
| mile more or less. Thence west on
| the north line of sections 10, 0, s and
| Z township 16 north, range west
| of the 4th p. m, to the northwest
| corner of the northeast quarter of
said section z, total length of said
road is eighteen and seven-tenths
| (1S.7) miles more or less, said road
to be constructed of gravel or maca-
dam nine COY feet wide and eight (S)
inches in thickness with thirty
1907 foot graded roadway-estimated
at one hundred eighty-seven thousand
dollars (S1S7 ,0O0.OO), also =
Beginning at the northern end of
state aid route No. Z at the north
west corner of section 25 township
II north range 2 west of the 4th
p. N. thence east on the section line
"a mile on said route Z thence south
easterly through section %, township
II north range west of the 4th p.
IN. and in sections 30, 81 and 30
township II north range l west of
the 4th p. m, thence southeasterly
through sections 5, 8, II. 16, 81. %
and 81, to south line of the north
west quarter of said section 81, town
ship 16 north range ! west of the 4th
p. m, thence east z mile more or
less to the east line of said section
81, thence south u miles more or
less to the county line, total length
of the road along said route No.
being twelve and two tenths (122)
miles more or less, same to be con-
structed of gravel or macadam nine
(9) feet in width and eight (S)
inches in tAaa kness, with a thirty
a ssI
cost of one hundred forty-six thous-
and four hundred doll airs
($146, 000.00), also -
Beginning at the north end of state
aid route No. 6 on the north line of
the southwest quarter section 8 town
ship II north, range 1 west of the
4th p. M, thence southerly and east
erly along said route No. 6 one-half
90 mile to the east line of the
southwest quarter of said section 9,
then southerly IA miles more OF less
on said route 6 to the south line of
the northwest quarter of the north
east quarter of section 81 township
II north range 1 west of the 4th p.
m, thence easterly and southerly
along said route to the eastern
limits of the village of coal valley in
section &c township II north range
l west of the 4th p. m, making
total of FIVE and five-tenths (5.5)
miles more or less, same to be con-
structed with concrete pavement
eighteen 1S) feet in width, with
thirty 800 feet graded roadway
estimated cost at one hundred sixty
five thousand dollars (S165,0 OOOO).
Section ,. That serial coupon
bonds be issued by said county OF
Rock Island, to the amount of one
million dollars Isl ,0O0.000.00) for
the purpose of negotiating the loan
mentioned in the foregoing section,
and as evidence of the Indebtedness
of said county of Rock Island for
that amount, which said bonds shall
be paid and the Indebtedness there
in evidenced discharged, within
twenty (20) years from the mourning
and contracting of the same, and that
said Indebtedness be discharged in
twenty (20) annual installments.
Section 8. Each bond of said is
sue of one million dollars, Isl 600
600. OO) shall be of the denomination
and face value of one thousand
(S1OOO.OO) each, and shall be num-
bered from one to one thousand Il
to 1000) both inclusive; that said
bonds shall be issued to mature in
twenty COO annual series All of said
bonds shall bear interest at the
rate of five 90 percent per annum,
which sad interest shall be payable
annually after date until paid, both
the principal and the interest shall
be payable in lawful money of the
United States of America. at the of
flee of the treasurer of said county
of Rock Island, Ill. Each of said
bonds shall have coupons attached,
eyidencing the interest thereon.
Section 4. The chairman Of the
board Of supervisors of said coun-
ty of Rock Island is hereby authorized |
and directed to execute in the name |
of said county, the above mentioned |
bonds and coupons, and the county |
clerk of said county is hereby au-
thorized and directed to attest said |
bonds and coupons and affix the cor
porate seal of said county to said
bonds.
Section 5. That in order to meet |
the intere;t and principal of said |
bonds as they severally may become
due, and 10 pay the same, there is |
hereby levied on all taxable proper
ty IN the county of Rock Island ILL
nois, special tax each year not to ex-
coed thirty cents (30c) on each 800 of |
assessed valustion or so much thereof |
as may be necessary for twenty COZ |
years for the payment of the interest
and principal of said bonds as they |