The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1936-07-04

S27.50 interest bnStallHleHls and
or coupons making $1,329.2O for
145 bonds to the 30th day Of
June, 1886, $343.07 is for other
than school purposes, plus any
further accrued interest to the
3Oth day of June, 1886, specifi.
cally funding only the portion Of
the whole hereof that accrues on
an interest rate of l 3-4 per cent.
um per annum and being as Of
the Both day of June, 1896,
II. On SIS per cent Refundine
Bonds, dated 7-1-23, interest and
or S27.50 interest installments
and or coupons making $4,000
for 25 bonds to the 30th day Of
June, 1886, plus any further &C.
crued interest to the 30th day Of
June, 1886, specifically funding
only the portion of the whole
hereof that accrues on an interest
rate of / ga per centum per an.
mum and being as of the 30th day
| of June, 1886, $72.87.
~. On 5.25 per cent Refund.
| ing Bonds, dated 2-1-25, interest
ando or $26.25 interest installments
and or coupons making s56S.75
for 65 bonds to the 30th day Of
June, 1886, plus any further ac.
crued interest to the Both day of
June, 1886, specifically funding
only the portion of the whole
hereof that accrues on an interest
rate of / ga per centum per
annum and being as of the Both
day of June, 1886, $189.56.
13. On 5.5 per cent Refunding
Bonds, dated 5-1-29, interest and
or $27.50 interest installments
and or coupons making S1,47j.7S
| for 161 bonds to the 3Oth day Of
June, 1886, plus any further &C.
crued interest to the goth day Of
June, 1886, specifically funding
only the portion of the whole
hereof that accrues on an inter.
est rate of 1 ga per centum per
annum and being as of the Both
day of June, 1886, $469.59.
ID. On 5 per cent Jail Bonds,
dated TIPS, interest and or
$500 interest installments and
or coupons making S750.6O for 80
bonds to the 30th day of June.
1886, plus any further accrued
interest to the Both day of June,
1886, specifically funding only
the portion of the whole hereof
that accrues on an interest rate
/ of 1 ga per centum per annum
and being as of the 30th day of
! June, 1886, $262.71.
Is. Also specifically funding
that specially designated neces.
sary expenses which were for spe.
cial purposes within the meaning
of the Constitution, and being
Debt (indebtedness) incurred and
payable on or before June |,
1887, on or for account of the
expenses in operating the plan Of
Refinancing and or Refunding Of
specified Countrywide Direct Oh.
legations of said county for other
than school purposes. in the sum
of $9,590.10.
Section 3. That the maximum
aggregate principal amount Of
said bonds shall be $16,500.OO.
Section 4. That a tax suff.
cient to pay the interest of the
bonds when due shall be annually
levied and collected; and that pro-
vision shall be made in the de.
tailed resolutions providing for
the payment of the principal Of
the bonds when due.
| Section 5. That a statement Of
debt of said county has been filled
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 ana
or refunding bonds to an amount
of not exceeding 1858, $4,000 f.
nally passed of date July 28, 1881.
and all resolutions and clauses Of
resolutions heretofore passed by
this Board in pursuance therewltn
in conflict with this order are
hereby expressly repealed ana
Cancelled in toto. !.
"The foregoing order was II,
nally passed on the 9th day. OF
June, A. D., 1885, and was hrst
published on the 9th day Of
June, A. D., 1886. Any action OF
proceeding questioning the valid
ity of said order must be COM
menced within thirty days after
it's first publication"
This the 9th day of June A.
D., 1886.
BY order Board of Commlssl'n'
ers.
The 9th day of June, A, D"
1886.
J. C. COSTON,
Clerk, Board of County Com
missioners of. Henderson
County, North Carolina.