The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1936-04-11
J,S,W,NisAsc,
4-if

of April, A. D., 1888, to LIST day
Iof May, A. D., 1886, both inclu-
sive, within the i limitations fixed
by this order and on interest basis
of 1870 per annum on the respec-
tive bond issues as follows:
1. On $50 School, Road and
Bridge Funding Bonds, dated
5-1-29, 115-155 of issue is for
school purposes that is to say of
; interest and or $27.50 interest in
stallments andIor coupons. max
ing S23,980.45 for las bonds to
the first day of May, $136, ST.
! 7gl.1O is for. school purposes plus
any further accrued interest to
May /, 1886, specifically funding
only the portion of the whole
hereof that accrues. on an interest
rate of Ia r. per annum and be-
| ing as of May 1, 1886: SIS, 6GO.S6.
2. On ~4.75R School Building
Bonds dated 4-1-27, interest and
or. S23.75 interest installments
and or coupons making S1S,64f.eg
! for 100 bonds to the first day OF
May, 1886, plus any further &C
crued interest to May 1, 1886.
specifically funding only the por-
ton of the whole hereof that ac-
crues on an interest rate of 1aTo
per annum and being as. Of May
II, 1886, $6,870.2G. - - =,
3. On 59o3a School Bonds, dated
8-1-27, interest and Tor $4,000 in
lterest installments and or coupons
making $32,987.5O, for 1876 bonds
to the first day, Of May, 1886 plus
|any further accrued interest to
May /, 1886, specifically funding
Ionly the portion of the whole
thereof that accrues on an interest
rate of IN 80 per annum and be-
Ling as of May 1; 1886, 81 ,230:6S
! 4. On 4.76% School Funding
Bonds, dated 5-1-28, interest and
or $23.75 interest installments
and OF coupons making, Sl6,'
767.5O for 119 bonds to the first
day of May, 1886, plus any fur
Their accrued interest to May |
I1936, specifically, funding only
the portion of. the whole hereof
that accrues on AN interest rate
of 1A%o per annum and being a;
of May /, 1886, $6,177.45.
Section g.. That the maximum
aggregate principal amount. OF
said bonds shall be $29,939.20.
Section d. That tax sufficient
to pay the interest of the bonds
when due shall be annually levieC
and collected; and that provision
shall be made in the detailed
resolutions providing for the pay
ment of the principal Of the bond
when due. f..-".'. :
Section 5. That a statement o.
debt of said county has been ffet
with the Clerk and is open to pub
lie inspection, and the County Ac
countant is hereby designated a
the proper official to file salt
statement. G: -: - - d"
Section 6. That this order shall
take effect on its passage ant
shah not be submitted to tn
voters.
Section z. That the, bond orde
introduced July II, 1884, author
fixing the issuance of funding and
or refunding bonds to an amoun
of not exceeding 1860, $780, OF
finally passed of date July 70
I1934, and all resolutions ant
clauses of resolutions heretofore
passed by this Board in pursuance
herewith in conflict with this or
!, der are hereby expressly repealed
, and cancelled in toto. -"
4, The foregoing order has beer
introduced and the sworn state
meht has been filed under .":Th'
| County Finance, Act" showing tn
assessed valuation of the ecount.
to- be $20,639, $50. 90, and the ne
debt for school purposes ito b
$6O5, 868.99, all this, including TIT
proposed funding bonds or Ger
tificates of Indebtedness. A tal
will be levied for the payment O.
. the interest on proposed bonds o.
| Certificates of Indebtedness, if tn,
same shall be issued: and provi
sion wilt be made in the detailed
resolutions providing. for the pay
ment of the principal of the pro
bonds or Certificates of In
| debtednesS, if the same shall b
! issued. Any citizen. OF taxpaye
i. may protest against the issuanc
of such bonds at meeting of tn
| Board of Commissioners to b
| held in the Courthouse in. sal
| county at it's office in Henderson
| viile, N. G., ION the Gath day o
| April A. D., 1886, at 2:3O d'clocl
P. M, OF, an adjournment. thereof
!! Aforementioned draft bond OF
{" der introduced the 10th day O
: April, A. D., 1886, at a meetin,
$ of said Board.
r.. This the 18th day of April
IS A. D., 1886.
+ J. c.. CoSToN.
Ie Clerk, Board of County Commits
d sioners, of Henderson, Con,,t,