The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1936-04-18

1oSs, specifically funding only the
nortion of the whole hereof that
pccr,,es on an interest rate OF
aS G. pei annum and being as OF;
MsysI, 1s36,f$49, ACT. II. Va -.
4 On Road aid Bridge Fund.
IN Bonds 4..75SS,, dated / l-l-27'
interest and OF. s2$, Is interest r.
ttallments andfor coupons making
sSs 1926 for 2iO bonds to the
irst day Of May, 1885: plus any ,,
| further accrued interest TO May
! - 1886, specifically funding only
he portion of the whole hereof
hat aecraes on IAN interest rate
afsis; ebs per ;aHnum and being. as
Of Of MayII, 1885; s12,941.fSs:.%.::y,ss
q On l5S Road and. Bridge
ponas dated 81 %, interest and
orr $500 interest 'installments
and Or Coupons making 41,085.S4
foT 30l bonds to the first day of
NAV. 1886, plus any further &C
cr,,ed interest to May l., 1886,
specifically funding. only the por-
tinn of the whole hereof that. ac-
crmes on an interest rate of la%
per annum, and being as of May;
i 1896, $l4,37981 it.,s. 1a,tE
9. On .6% Funding Bonds, dated
9-15-29, interest and! or SSO.lQQlQ(. l in
forest installments and or coupons
making $12,262.5O for 63 bonds
to the first day of May, 1886,
pIus any further accrued interest
to May l.. 1886, specifically fund
ing only the portion of the whole
hereof that accrues on an. interest
rate of IA Il per annum and be
ing as of May l., 1886, $4,000:
10. On $50 School, Road and
Bridge Funding Bonds, dated, 81
80. 40-i55 of issue is for other than
school purposes, that is to say of
interest, and! OF $3.50 interest, in
stallments and or coupons making
$23,98O,45 for 145 bonds to the
first day of May, 1886, Sc, 1889
is for other than school purposes
plus any further accrued interest
to May /, 1886, specifically. fund
ing only the. portion of the. whole
hereof that accrues on an interest
rate of 1%Ct per annum and be-
ing as of May /, 1886, Sl,969,96.
II. On $50 Refunding Bonds,
dated 7-l-23, interest and on
S27. so interest installments; and
or coupons making $4,583.5O for
25 bonds to the first day of May,
1886, plus any further, accrued
interest to May l, 1886, specifical-
ly funding only the portion of the |
whole hereof that accrqes on, an
interest rate of l%T per annum
and being as of May /, 1886, ST.
458.46. 49,. "a. 800. 49,.
" II, On $3.50 Refund in g
Bonds, dated 2-l-25, interest and
or $26.25 interest installments
andior coupons making S10,8O2.20
for G5 bonds to the first day of
May, 1886, plus any further ac-
crued interest to May 1, 1886,
specifically funding only the por-
ton of the whole hereof that &C
crues on an interest rate of Ia 60
per aannum and being as of May
l, 1896, $3,600.68. 80 ..a' s..
13. On $3.50 Refunding Bonds,
dated 5-1-29, interest and or
$27.5O interest installments and
or coupons making $27.528.11 for
161 bonds to the first day of May,
1886, plus any further accrued in
terest to May /, 1886, specifically
funding only the portion of the
whole hereof that accrues on an
interest rate of l%% per ,annum
and being as of May 1, 1886, 49,
1905. &C.. J j ..,.,,,r
Ia. On Sc Jail Bonds, dated
7-1-25, interest and OF $500 in
terest installments and or coupons
making $14,051.20 for 80 bonds
to the first day Of May, 1885, plus
any further accrued interest to
May L.. 1886, specifically funding
only the portion of the whole
hereof that accrues on an interest
rate of IA e. per annum and be-
ing as of May l., 1896, S4,917.92.
Section 8. That the, maximum
aggregate principal amount Of said
bonds shall be $131,36S.78.
Section 4. That tax sufficient
TO pay the interest. Of the bonds
when DUE, shall be annually levied
and collected; and that provision
shall be made in the detailed reso-
buttons providing for the payment
of the principal of the bonds when
due.
Section s., That a, statement of
debt of said county has been filed |
with. the Clerk and is open to pub
lie inspection, and the County Ac-
countant is hereby designated as
the proper official to file said
statement. -, |
Section 6. That this order shall
take effect on it's passage and shall
not be submitted to the voters, !
Section 7. That the bond order
introduced July II, 1884, author
izing the issuance Of funding and
or refunding bonds to an amount
of not. exceeding 1868, $4,000
finally passed of date July %,
1884, and all resolutions and
clauses, of resolutions heretofore
passed by this Board in pursuance,
Herewith are hereby expressly re-
pealed and. cancelled in toto.
The foregoing order has been
introduced and the sworn state
ment has been filed under THE
County Finance Act" showing the |
assessed valuation of the county
to be $20,639, $4,000, and the net |
debt for other than, school pur-
poses to be $2,714,36s,90, all this
including the proposed ). funding |
bonds or certificates Of indebted |