The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-07-19
NOTICE OF SALE OF $500, 10000
NEGOTIABLE COUPON BONDS
OF SHOSHONE COUNTY, IDAHO.

OF SHoSHoNE COUNTY, IDAHO.
NOTICE IS HEREBY GIVEN that
no. intends to issue, negotiate and sell
$500, 100000 of its negotiable coupon
bonds, pursuant to the authority Civ
en- the Board of County Commission
ers of said County by a two thirds
vote of the qualified electors of said
County, authorizing said Board to so
issue and sell said bonds, and the said
Board of County Commissioners of
said County hereby invites bidders
therefor Said bonds shall be dated
July LIST, 1923, and shall be issued in
denominations of 100000 each, but
bonds of denominations of $4,000 and
| 10000 may he issued if it is deemed
necessary said bonds will bear in
terest at "a rate not to exceed six per
cent (6%) per annum, the interest to
be paid on the LIST day of January, and
the LIST day of July, in each year. at
| the Office of the County Treasurer in
the said County, or at such bank in
the city of New York as may be des-
ignatcd by the Board of County Com
missioncrs of said County. Such bonds
shall be redeemed in the following
manner: Ten per cent OO96) of the
total amount issued to be paid in ten
years from the date of issue, and ten
per cent QO%) annually thereafter
until all of said bonds are paid. But
said bonds, or any part thereof, may
at the option of said County, be re-
deemed at any time after five 60
years from the date of their issue,
which proviso that the said County
shall have the option of so redeeming
said bonds shall be stated upon the
face of each bond and each bond shall
he redeemed in the order it is num-
bered. Bids for the said bonds will
be received up to one o'clock in the
afternoon of the SOth day of July
1928. at the Office of the Clerk of the
Board of County Commissioners of
said Shoshone County in Wallace.
Idaho when and where the same will
he opened All bids should be sealed
and directed to Harry A. Rogers,
Clerk of the Board of County Commits
sioners, Wallace, Idaho and should be
marked IBID for Bonds" Said bonds
will be sold upon the best terms and
upon the lowest rate of interest at
which said bonds can be sold, provid-
ed, however that said bonds will not
bear interest at a rate to exceed six
per cent (6&) per annum and will not
he sold for less than their face or par
value, and accrued interest at the time
of disposal of said bonds. The said
Board of County Commissioners re-
serves the right to reject any and all
bids offered and to re-advertise for
bids by original notice All bids must
be accompanied by a certified check
in the sum of 100000 payable to
Shoshone County. and the bidder. in
making his bid. agrees that in case his
bid is accepted and the bonds are le-
gally issued, and he refuses to comply
with the terms of his bid. and pur-
chase and pay for said bonds that the
said certified check shall he forfeited
to the said County of Shoshone as
liquidated damages for his failure to
comply with the terms of his bid. Said
bonds are to be issued and sold un-
der the provisions of Article s of Chap
ter $50, of Title MIX, of the Politi-
cal Code of the state of Idaho. which
is the same as Sections 1919 70 1881,
both inclusive. of the Compiled stat
utes of Idaho! for the purpose of rails
ing funds with which to repair and
construct the highway including the
bridges thereon, which are a part OF
said highway. crossing the County of
Shoshone, being a part of the North
Pacific Highway so designated by
State and Federal maps. and being a
part of what is commonly known as
and called the Yellowstone Trail
which is highway extending from
the Atlantic Coast to the Pacific Coast,
and paving those portions of said
highway situated between the easter
ly boundary line of the City OF Kel-
logg. and the westerly boundary line
Of the City of Wallace, and the east
erly boundary line Of the City of Wal
lace and the westerly boundary line
Of the Village of Mullan, in said Coun-
~ as prescribed in a resolution and
order of the said Board of County
Commissioners entered in its records
on May 10th 1928, and June 22nd. 1928,
reference to which is hereby made for /
the particulars therein contained.
BY order of the Board of County I
of the County of Sho- /
shone. State of Idaho.
IN WITNESS WHEREOF. I have I
hereunto set my hand and affixed the /
seal of the Board of County Commits
sioners Of Shoshone County, Idaho,
this 22nd day Of June, 1928.
HARRY A. ROGERS.
Clerk of the Board of
County Commissioners.
(Seal Of Board Of
County Commissioners
Je2S-Jy26-5t