The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1922-09-28

t
e present the following:
8 Chairman: Otto Wilhelm.
y Member: Edward Allen.
f Member: Elmer H. Nesbitt.
the same constituting the board o.
0 county commissioners Of said county
5 and Geo. f. Church, clerk of the dis
trlct court Of said county and ex-of
ncio auditor and recorder and clert
OF said board.
!, Ihereupon the minutes of the last
meeting were read and approved.
Ihereupon the following resolution
was introduced and read, paragraph
by paragraph by the clerk of the
board, and upon motion duly made
and put to thesyote of the board, the
same was UNANIMOUSLY carried and
adopted, towit:
h Resolution.
Reciting the action of the board
OF county commissioners of Gem
county Idaho, in deciding to bond the
county; and submitting to the quail
| fed electors of said county the ques-
ton OF issuing The negotiable coupon
bonds of said county in the sum of
| $25,000.00 for the purpose of acouir-
| ing funds for the construction and
repair of roads and bridges in said
county.
Whereas, the interests of Gem
County require it, and the board Of
| county commissioners deem it for the
public good to bond said county for
the purpose of acquiring funds for
the construction and repair of roads
and bridges on the public highways
within said county; and
Whereas, the costs Of such pro-
posed construction hnd repair of roads
and bridges exceefs the income and
revenue of said county for the year
1922, or any ne~Wear applicable to
such purposes; and
Whereas, to pay the costs of the
construction and repair of such high
ways and bridges It'll will be necessary
to bond said county in the sum of
$25,O00.00, as aforesaid; and
Whereas, the issuance of said bonds
by the said county nj ust be authorized
by vote of two-thirds of the quail |
fed electors of said county voting at |
an election duly called and held for
that purpose;
Now, therefore, be Tit resolved by |
the board of county commissioners of |
Gem county, Idaho, in regular session
duly assembled, as follows, towit:
Section /. That purSHaa1p9t # to ;ttheI
laws of the State of Id, the board
cases made and provides of Gem
of county commissionsebv DECIDE IN
County, Idaho, do heBupon bonds If
ssue the negotiable elm the snm Of
Sem County, Idaho, rpose of acouir-
S25,00O.00 for the plconstruction and
ng funds for the I'd bridges within
'epair of roads an
aia county. said bonds shall
SECTION z. ina coupon bonds of i
'e Tue hegotiapiePte even with the S
a,u county OF oice thereof, in de- i
ate OF the lssua1O00.00 each, bear a
of SLATE not 10 axcaed n
" lleerest at bum, said interest t
Per GENT per hually on the 1st is
7 DC Rald Seminary the last day of a
ay u January ant at the office of S;
ne County Treasure bank in tho civ =,
7, Idaho, or at such be DESIGNATED hy h,
New York as mayeommissioners If
he board of county in
lid county. laid bonds shall de
section 8. mat lively from l to 70
SOhseSuFn BOND bearing ~
J, both inclusive, eabch bonds IN he q,
separate number, s'nty in the fol- OF
deemed by said eouper cent Of the Sv
wing manner: ten be paid in ten M,
tai amount Issued to of issue, and Pc
'ars from the date thereafter I'M M
n per cent annually re paid
all of said bonds al pursuance of So
Section 4. That in Idaho in such w,
e laws of the State of, the Question Br
Sc made and providebonds shall be Hs
the issuance of said thirds of the Be
st authorized by twoi county vot- ,
Allied electors of salon, which is pre
at special electid to be held tio]
reby called and ordersember. 1922. one
the 10th day of Septlaces in each Ser
the respective polling IN said coun- be
the regular precincts Hbed by law the
In the manner prescrin the State zen
holding such elections ial election hay
Idaho, at which sped the ouali- mo,
re shall be submitted II the cues thir
d electors of said COUNT bonds for said
. of the issuance of saiaon IN the SAID
ir vote and determinai the,
lowing form, to-wit: ~ commits y
Shah the board of counauthorized
ners of Gem County, be- bonds to q
issue negotiable couponf the de- Con-
amount of S25,00O.OO n bearing Atte
nination of 100000 eacinr S per ri
rvs, = az rate not exceet semi-an- miss
2 per amnum, payable issuance s.
lily, of date even with the and re- boar
-eof, and to become payabl cent of tn y
ilaoie as loiiows; ten peHpaid 10 of Il
soIal AMOUNT ISSUED 70 oeand ten ty, il
rs from the date OF issue, rntil all in ca
cent annually thereafter 4 to be tv 4,
bonds are paid; said bonGuirinp tep,h
ed for the purpose of az repair i oh,
Is for the construction an.ounty ths |
Dads and bridges in said Sall be nre.;
ection 5. This Revolutionary its r. =,
orce and effect from and IN ii
'age ;on.S ~. C.,
pom motion for the adop follwing fullfc
going resolutions, the I'm
voted Ayesllen, Inner pass
ito Wilhelm, Edward 4 foreR