The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1939-10-26
amount of ONE HUNDRED

lNe Valld ana SuDSlStlng out
standing warrants draw n
against the funds above speci-
fled and valid and SubsiSting
debts and liabilities payable out
OF the funds above specified
for which warrants have not
been issued, such funding bonds
to lie issued as of the lst day
of November, 1889, to be payable
on the amortization plan or
serial plan through a period Of
ten tlO) years from the date
of issue, to be redeemable in
full five 80 years from the
date of issue and on any pay
ment due date thereafter and
to bear interest at a rate not
exceeding five per centum $50
per annum, payable semi-an-
nually.
'*Not exceeding ten 10, years.
See subdivision (aIq Section |,
Chapter 1873, of the Laws of
1897.
BE 1T FURTHER RESOLV-
ED, that in the issue and sale
Of such bonds preference shall
be given to Amortization bonds,
that if serial bonds are issued
they shall be *One Hundred
TWenty-three 1921 bonds in the
amount of ONE THOUSAND
and no-100 Dollars Isl, 900. OO)
each, and one bond in the sum
of FIVE HUNDRED and no-1OO
Dollars cS50O.OOD, the first of
said serial bonds shall become
payable on the LIST day of No
1emher, 1910. and a like amount
on the same day each year
thereafter until all of such
bonds are paid. except the last
installment which VIII be in
tie amount of SIX THOUSAND
FIVE HUNDRED and no-1OO
Dollars CS6, 500. OOD; that if it
shall be found necessary to is
sue amortization bonds the en-
tire issue may be put into one
~ single bond divided into
several bonds as the purchaser
nay indicate in his bid and as
this Board NAV determine upon
at the time of sale.
t*The amount of serial bonds
to be paid each year must be
determined in the manner set
out in Section 4630.5. Revised
Codes of Montana, 1880.
AND BE 1T FURTHER RE-
SOLVED, that the Chairman of
this Board of County Commsi-
sioners and the County Treas
urer of this county are hereby
authorized and directed to sign
the said bond or bonds and the
coupons attached thereto and
to affix the corporate seal of
this county thereto and the sad
bonds shall be atteSted by the
County Clerk of said Big Horn
County, whether said bonds are
issued as amortization bonds Or
serial bonds, provided, however.
that photographic or engraved
facsimiles of the signatures of
the Chairman of the Board, the
County Treasurer and the Coun-
ty Clerk may be affixed to the
coupons in place of their sig
natures when such fact is so
recited in the bonds;
AND BE 1T FURTHER RE-
SOLVED, that this Board meet
at the Court House in Big Horn
County, at 2 o'clock p. m. on
the LIST day of November, 1889,
for the purpose of receiving
and considering the bids on
the said bonds, that the Clerk
of this County is hereby au-
thorized and directed to give
notice of the sale of the said
bonds in the form prescribed by
Section 463O.15 of the Revised
Codes Of Montana, 1885, and
that the said notice shall be
published in The Hardin Trib-
une-Herald, the official news
paper Of the said Big Horn
County, a newspaper of general
circulation printed and pub
lished at Hardin, County of Big
Horn, State of Montana. for 4
period of not less than four az
successive weeks preceding the
date set for the sale of the
said bonds, the first publication
to be not less than thirty 800
days prior to the date of the
sale. The sad bonds shall be
sold at open competitive bid
ding, but all sealed and written
bids shall be considered the
same as open bids.
AND BE 1T FURTHER RE-
SOLVED, that at the same time
the notice of sale of said bonds
is sent to the official newspaper
of the said county for publica-
ton the County Clerk shall
send a copy Of said notice to
the Secretary of the State
Board of Land Commissioners
and shall thereupon furnish to
the said Secretary a transcript
Of the proceedings had for the
issuance of the said bonds and
any such other information re-
lating thereto as the Secretary
may find necessary and shall
also furnish a certified copy of
all proceedings relating to the
bond issue to the Attorney Gen
eral for his examination and
approval as required by law
Mr.. Thomas Macleod sec
onded the motion for the adop-
ton of the resolution. The