Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1922-11-23

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Both principal and interest of said
bonds shall be payable in gold coin
o fthe United States of America. of
the present standard of weight and
fineness, at the County Treasurer of
Boundary County. Idaho, or at the
banking house of the Bank of Amer
lea. Atlantic Office, in the City of
New York, at the option of the holder
thereof.
LIST. 1922; shall be due and payable
and shall be redeemable by said Coun-
ty. as follows ten per cent (10fo)
thereof on the first day of December
1882, and ten per cent (10Tc) thereof
on the first day of December in each
and every year thereafter until all of
said bonds shall have been paid and
redeemed by said County Said bonds,
or any part thereof, may, however,
at the option of the County, be re-
deemed at any time after ten years
from their date of issue. which time
and option must be stated upon the
face of each bond. and each bond
must be redeemed in the order it is
numbered, lowest numbers first.
Said bonds shall bear interest from
the date thereof until paid, at such
rate per annum. payable semi-annu-
ally on the first days of January and
July of each year, as the bidder offer
ing to take the same at the lowest
rate of interest and upon the best
terms shall offer to purchase the
same for, but at not to exceed six
per cent $50 per annum. payable
semi-annually. Said interest shall be
evidenced by semi-annual interest
coupons to be attached to each of said
bonds.
Section 3:
That each of said bonds, and each
of the interest coupons to be attached
thereto, together with the registration
certificate of the County Auditor en-
dorsed thereon. shall be in substan-
TALLY the respective forms. to-wit
United States of America
State of Idaho
Boundary County Road and Bridge
Bond
Series &c
No....... $1,000 90
FOR VALUE RECEIVED, Boundary
County, in the State of Idaho, hereby
acknowledges itself to owe and prom
ises to pay to the bearer hereof the
principal sum of ONE THOUSAND
DOLLARS in gold coin of the United
States of America of the present
standard of weight and fineness, on
the LIST day of December, A. d. H.,
together with interest on said sum, in
like medium, from date hereof until
paid, at the rate of. ....... per cent
(......f) per annum, payable semi
annually on the first days of January
and July of each year, as evidenced by
and upon presentation and surrender
of the annexed interest coupons as
they severally become due.
This bond may. at the option of
Boundary County, be redeemed at any
time after ten years from the date of
it's issuance.
Both principal and interest of this
bond are payable at the County Treas
ury of Boundary County, or at the
banking house of the Bank of Amer
lea, Atlantic Office in the City of New
York. at the option Of the holder
thereof.
For the prompt payment of the
principal of this bond at its maturity,
and the interest thereon as the same
falls due, the full faith, credit and re
sources of Boundary County in the
State of Idaho, and all taxable prop
erty therein, are hereby irrevocably
pledged.
This bond is one of an issue of One
Hundred bonds of like date, amount
and tenor. aggregating the principal
sum of One Hundred Thousand Dol
lars ($100,0 00), issued for the purpose
of acquiring funds with which to con-
struct and repair roads and bridges
within said County, in accordance
with a vote of more than two-thirds
ty voting at an election duly and le-
gally called, held and conducted in
said county. for the purpose of ascer-
tanning the will of the qualified cleo
tors theron, on November 2, 1920, and
in pursuance of action taken by the
Board of County Commissioners of
said Boundary County, at a regular
meeting thereof, held on the 22nd day
\ of September, 1920, and notice of said
election duly given for the time and
/ in the manner required by law, and
under and by virtue of and in strict
conformity with the Constitution of
the State of Idaho and the provisions
of Article s. Chapter $50, Title 20, of
the Compiled Statutes of Idaho, and
all Legislative enactments amendatory
thereof and SUPPLEMENT- thereto.
1T is HEREBY CERTIFIED. RE
CITED AND WARRANTED THAT
Boundary County, in the State of Ida
no. is a body polite. and corporate
duly created organized and operating
as such under and by virtue of the
laws of the State of Idaho; that all
things, acts and conditions required
by the Constitution and laws of the
State of Idaho to exist and happen
and to be done and performed prece-
dent TO and in the execution and issu-
ance of this bond. and of the issue
of bonds of which it forms a part
in order to constitute the same the