The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-04-19
RESOLUTION PROVIDING FOR THE
ISSUANCE OF S25,O00 CITY AUDI
JoRIUM BONDS OF THE CITY
CO MILLER, SOUTH DAKOTA

WHEREAS, by resolution duly pass
ed on February rs, 1923, the City
CGun II OF the city of Miller, In the
County of Hand, and the state Of
st;uih Dakota, did call a special cleo
tlnn of the voters OF said city to be
held on the 18th day of March 1928,
for t,ic purpose of submitting to the
veteg OF said city the question OF the
issuance of bonds to the amount OF
$.50 f1 with interest at a rate not to
exec / five and one-quartert5A) per
rem per annum payable semi-annual-
ly, maturing twenty years from date
Of said bonds. and optional any time
after ten years from date OF said
bonds. for the purpose of raising funds
to be used for building and equipping
a City Auditorium I'm and for said City
of Miller. and for all things incident
thereto, and
WHEREAS, notice of said election
was duly published; and
WHEREAS, said election was duly
held on the 14th day of March 1928,
pursuant to said notice, and there did
vote nc said election, upon the pro-
pos on 10 issue the bonds OF said
CITY. as aforesaid, 300 electors, 800 of
whom did vote in favor of said pro-
position, and 200 against it, and none
of whose votes were represented to be
detective ballots; and
WHEREAS, said affirmative vote
constitutes a majority OF the votes
cast II said election and
WHEREAS, II Is necessary for the
best interests of said city that a city
auditorium be provided for, and for
the purpose OF paying the cost OF Sc
cmi' z the same, the ponds so author
izcti 70 issued:
NrM. THEREFORE,, Be It and 1t Is
lIe ~ Resolved by the City Council
cet City OF Miller. Hand County,
Seuta Dakota, as follows:
Sc ION 1. That 1t be and Is hereby
fouad and declared that at an election
duly and properly called and held In
ait ,ity on the 14th day of March
1867. n majority of all the voters vot-
ing at said election did vote in favor
cf tn proposition to authorize this
tean. | to issue the bonds OF said
tit In the sum of $25, 900 for the
npr rsse of raising funds TO be used
for building and equipping a city Au-
' ~ = III III fHU " fo0tu WY aha "
I'll ings incidental thereto.
SO ton 2. That there Is hereby or
dri oil issued the negotiable coupon
lrnGa Of said city In the aggregate
fuia of $4,000 for the purpose OF
Iai, iny funds to be used for building
Tml iuipping a City Auditorium In
and FOR said city of Miller, and for all
trinrs incident thereto.
n, ton 3. That the bonds hereby
r~riharized be twenty-five In number
tmnhnred from / to rs, both numbers
inclusive of the denominations Of
sINnn each and be known as City Au'
dit, I'm Bonds, bear date of April l
-n-.i and become due and payable In
rumei ical order on April 1, 1943, but
ttf city retains the privilege of pay
irr pny or all of said bonds on any In
terest payment date on or after April
&. 1893; that said bonds bear interest
slfthe rate of five and one-quarter pei
.cri f5A per cent? per annum from
date until paid. payable semi-anhually
- psil and October first OF each
.lr. That such bonds be signed BY
tsr Mayor of the city OF Miller. and
~ *; ed and countersigned by the Au.
disnr OF said city of Miller. with the
$ ii; Of the city affixed. Thas the in
fS-cs; ACQUIRING on said bonds be evil
.'~r.cI by coupons thereto attached
1 Il ing on the several days wher
thr interest natures, and that such
crrp1ns be executed by afiixirg there
50 photographer signature OF the
~ -,srs and the Auditor OF said city
,s Il said bonds and coupons be pay
) IL the Continental 4 Commercial
a Savings Bank, Chicago. III.
So f,at such bonds be registered IL
~ Flee Of the Treasurer OF said cit,
I Ter. South Dakota.
lion 4. That said bonds and cou
Gene he In substantially the following
fForm OF bond)
TIED STATES OF AMERICA
sTATE OF SOUTH DAKOTA
1I| rr~ urakYD