The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1922-03-10
NOTICE OF SALE OF BONDS OF
LEMHI COUNTY, STATE OF IDA

In compliance with an order of the
Board OF County Commissioners of
Lcmhi county, State of Idaho, duly
mdae and entered on the 2Sth lay
of February, A. ID. 1922.
| Notice is hereby given, that the
Board of County Commissioners of
Leinhi county, in the State of Idaho,
/ will issue and sell negotiable coupon
4 bonds of said Lemhi county, amount
ing to the sum of FIFTY THOUS-
AND DOLLARS ($50,000.O0), describ-
ed as follows:
| Fifty 500 bonds in the denomin-
alton of ONE THOUSAND DOL
LARS ($1,000.00) each; all to be dat
ed January LIST, 1922, bearing interest
at rate not to exceed six per cent
go per annum, interest payable on
the first day of January and the first
day of July in each year; principal
AMI 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
ers of said Lemhi county.
Said bonds to be designated and
known us "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 tots. amount
issued to be paid in ten G0) 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 1919 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
md day of November, 1920, at which
election more than two-thirds of said
electors voted in favor of the issuance
and sale of said bonds.
Delivery of said bonds to be made !
% the purchaser, as soon after the |
award thereof as the same can be
engraved, printed, executed
md registered.
No bid will be considered for less
han the face or par value of said /
bonds and accrued interest at the time 1
# disposal.
Sealed bids for said bonds will be
'eceived by the Board of County Com
nissioners of said Lemhi county, Ida
10, directed to w. w. Simmonds, Clerk
# said Board, at Salmon, Lemhi
ounty, Idaho, up to Wednesday, the
9th day of April, A. d. 1922, at 10
'clock A. M. of said day, and will be
pened and considered beginning inn
nediately thereafter on said day.
Each and every bid for said bonds
must be accompanied by certified
heck, for the sum of FIVE THOUS-
md DOLLARS ($5,000.00) payable
0 the Treasurer of said Lemhi county,
IDAHO, to be forfeited to said Lemhi |
ounty as liquidated damages, if the
idder to whom the award is made
hall fail or refuse to make good his
I'D, receive and pay for said bonds
n accordance with the terms of such
id, through no fault or defect of the
sgal proceedings or the record there
I, had and made relating to said
onds.
The Board of County Commission
RS of said Lemhi county, Idaho, here
y reserves the right to reject any or
II bids received for said bonds, and to
e-advertise for bids therefor, by orig
,al notice.
Dated ut Salmon, Lemhi county,
Idaho, this twenty-eighth day of Feb
uary, A d. 1922.
w. A. BRINEY,
Chairman of the Board of County
commissioners of Lemhi county. Ida
D.
tteSt: w. w. SIAIMONDS