The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-05-24
NOTICE OF SPECIAL BOND ELEc-
TON, sSOO,OOOOO 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 $3OO,OOO.OO 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 a 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
highway 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
mountain to the north of the South
Fork of the Occur d'Alene river to a
point on the present highway just
east of the second bridge east of the
easterly 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
bear date the 1st day of July, 1928,
and bear interest at a rate not to eX-
coed per cent per annum, which
said interest shall be payable semi
annually on the 1st day of January,
and the LIST day of July of each year,
and which bonds shall be payable at
the Office of the County Treasurer of
said ShOshone County or at such
be designated by the Board of Coun-
ty Commissioners; such bonds to be
redeemed by said County in the fol-
lowing manner: Ten per cent of the
total amount issued to be paid in ten
years from the date of issue and ten
per cent annually thereafter until all
of the said bonds are paid; provided,
however, that the said bonds or any
part thereof may at the option of said
ShoshOne County be redeemed at any
time after five years from the date of
their issuance, which provisO that said
bonds may be so redeemed at the OPP
ton of said County shall be stated
upon tic ldCt VI CciCI DOllQf anu NAAlNi ]
bonds shall be in denominations of |
100000 or if it is found necessary in |
of $4,000 or $4,000, |
and which bonds shall be numbered |
serially and shall be redeemed in the |
order in which they are numbered.
In the event the said Board OF /
County Commissioners is authorized |
to issue the said bonds the same shall |
be sold after twenty days notice by /
publication in some newspaper pub /
lished in Shoshone County, of the in
tention of the said Board of County |
to issue, negotiate and
sell such bonds and said Board shall |
invite bidders therefor; said bonds |
shall be sold upon the best terms and |
upon the lowest rate of interest at |
which said bonds can be sold and said |
Board shall have the right to reject |
any and all bids offered and may re-
advertise for bids, as provided by law. |
The polls will be open at one o'clock /
in the afternoon of the said day and |
shall remain open until seven o'clock |
in the afternoon of said day, when the |
same shall be closed.
BY order of the Board Of County
Commissioners.
IN WITNESS WHEREOF. I have |
hereunto set my hand and affixed the |
seal of the Board of County Commits
sioners of Shoshone County. Idaho, /
this 10th day of May, 1928
(SeaD HARRY A. ROGERS,
Clerk of the Board of County Com
missioners. My17-Je7-4t