The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-06-07
NOTICE OF SPECIAL BOND ELEc-
TON, s3OO,0OOO0 NEGOTIABLE
COUPON BONDS, SHoSHoNE
COUNTY, IDAHO.

NOTICE Is HEREBY GIVEN That
there will be held in the County of
Shoshone, State of Idaho, on Tuesday,
the 18th day of June 1928. between
the hours of one o'clock in the after
noon and seven o'clock in the after
noon of said day. a Special Election
of the qualified voters of the County
of Shoshone, State of Idaho for the
purpose of submitting to said quail
fed electors the question whether the
Board of County Commissioners of the
said County of Shoshone shall be au-
thorized to issue and sell the negoti-
able coupon bonds of the said County
in the sum of $SOO,OOOOO in which
amount the said Board has decided to
bond the said County for the purpose
of raising funds with which to repair
and construct the highway crossing
said County of ShOshone, including
the bridges thereon which are part
of said road or highway and which
road or highway is a part of the
North Pacific Highway so designated
on state and federal maps, and also a
part of what is commonly known as
and called the Yellowstone Trail,
which is a highway extending from
the Pacific Coast to the Atlantic
Coast including changing said road
or highway and constructing a new
part thereof by leaving the present
at a point just west of the
first bridge east of the easterly limits
of the City of Kellogg and extending
easterly along the south slope of the
to the north of the South
Fork of the Occur dAlene river to a
point on the present highway just
east of the second bridge east of the
oasterly limits OF said City Of Kellogg,
thus eliminating both of said bridges
from said highway, and paving those
portions of said highway situated be-
tween the easterly boundary line of
the City of Kellogg and the westerly
boundary line of the City of Wallace,
and the easterly boundary line of the
City of Wallace and the westerly
boundary line of the Village of Null |
IAN in said county, which bonds shall |
y
and bear interest at a rate not to ex-
,eed per cent per annum, which |
said interest shall be payable semi |
annually on the LIST day of January,
md the LIST day of July of each year,
md which bonds shall be payable at
he office of the County Treasurer of
iaid Shoshone County or at such
)ank in the City of New York as may
De designated by the Board of Coun-
y Commissioners; such bonds to be
'edeemed by said County in the fol-
owing manner: Ten per cent of the
otal amount issued to be paid in ten
ears from the date of issue and ten
Ter cent annually thereafter until all
If the said bonds are paid; provided
however, that the said bonds or any
,art thereof may at the option of said
shoshone County be redeemed at any
ime after five years from the date of
heir issuance, which proviso that said
,onds may be so redeemed at the OPP
ion of said County shall be stated
pon the face of each bond; and which
.onds shall be in denominations of
100000 or if it is found necessary. in
of $4,000 or $4,000.
nd which bonds shall be numbered
erially and shall be redeemed in the
rider in which they are numbered.
In the event the said Board OF ,
'ounty Commissioners is authorized :
o issue the said bonds, the same shall
e sold after twenty days notice by ]
publication in some newspaper pub !
shed in Shoshone County, Of the in
ention of the said Board of County ]
to issue. negotiate and !
ell such bonds and said Board shall !
nvite bidders therefor; said bonds i
hall be sold upon the best terms and !
pom the lowest rate of interest at
5hich said bonds can be sold and said 7
board shall have the right 10 reject /
ny and all bids offered and may re-
dvertise for bids. as provided by law. I
The polls viii be open at one O'Clock {