The producers news., 1927-12-02
GOPHER FUND

E. G. Ferguson, gopher bounty 5000 |
At 1900 o'clock, noon, the Board
recessed until 100 o'clock P. M.
At 100 o'clock P. NJ, the Board
resumed pursuant to recess taken, all
members of the Board and the Clerk
present.
Several bankers of the county, hav-
ing been asked by the Board to at
tend this meeting, appeared at this
time, and discussed with the Board .
the matter of providing for the Sc
curities for County Funds. After a /
/ lengthy discussion, the following I
Resolution was introduced and adpot-
/ ed, all members concurring:
RESOLUTION
/ WHEREAS, at the present time
there is being paid into the treasury
of the County large amounts of
money, which will only remain for
short period until it can be applied |
in payment of the general obliga-
tions of the County, and
WHEREAS, these funds are not de-
sirable as deposits in the various
banks of the County for the. reason
that bonds must be bought and depos-
tied a security for said funds, which
entails expense and considerable legal
formalities to procure, and
WHEREAS, the revenue which the
various banks have received from the
bonds so purchased in many instances
do not more than cover the interest
which the banks have been paying the
County on its deposits, and
, WHEREAS, the Board of County
Commissioners deems it desirable that
, the moneys paid into the County
Treasury by the taxpayers be deposit
ed in the banks of the County,
\ NOW, THEREFORE BE 1T RE-
\ SOLVED, That the County Treasurer
hereby be and is instructed to deposit
n with said banks the moneys received
n from taxes, and that interest shall be
n charged at the rate Of y per cent
( per annum. Provided, however, that
n no moneys shall be deposited unless
3 proper and legal securities shall first
> have been furnished by said banks,
n and thereafter the moneys shall be
' deposited on a pro rata basis accord
n ing to the capital stock and surplus
y of the various depositaries.
n BE 1T FURTHER RESOLVED
- That we deem this a necessary pro-
X cedure in order to secure sufficient
N repositories, and in order to safe
n guard the public funds.
~ Mr.. G.. C. johnson appeared before
~ the Board on behalf of ]. L. Sathel
NJ Of Westby, and asked that the taxes
~ assessed against R. A. Grams for the
~ years 1917-1918-1919 be checked ovel
550 to ascertain the description of pro
~ perty covered in this assessment. L
m was found that the same covered
" piece of land at Westby, described a!
M being 140 feet by so feet, joining r
oo0 R. Right of Way on the North. l
az was also found that the taxes as
960 sessed against this piece of land fo
oO oO the years 1917-1918-1919, has no
0O been paid.
.o A request had been received fror
90 90 the Sheriff asking that two Deputie
30 be appointed to guard the Treasurer
00 Office during the taxpaying seasor
00 and on motion, the Board authorize
% the Sheriff to appoint one deputy fo
o0 00 such purpose at this time.
W W Attorney Paul Babcock appeared he
00 0O fore the Board and told the Boar
oO ~ that it might be advisable for tn
20 Board to hire additional Council
90 help Mr.. Babcock in the County's cas-
90 against the National Surety Co. {
-9O New York The Board took the ma
~ ter under advisement.
w AS the Board had ordered a speci
.dO meeting to be held on November /
.0o00 1927, for the purpose of selling tow
'OO lots, the Clerk was instructed to hay
.0O the necessary notices posted.
.oO On motion, the Minutes of the tv
-eO AZ previous meetings were read and a
10y proved as read.
.oV On motion, at 500 o'clock P. n
the Board adjourned.
200 n7,r1 @ NTkncFNT --1SJoN' .c1o.I' Chairman