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HomeMy WebLinkAboutCOMM - Meeting Minutes - - 1-25-1926 - COMMISSIONER 424 MINUTE BOOK BOARD OF COUNTY COPVIMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMfSSIONERS employed by the County Commissioners to assist the "ounty Solicitor in such a actions. Motion carried. There being no further business , the Board adjourned. SIGNED County Commissioners . January 25, 1926. IN RE: INCREASE OF IN M TEDNESS In the Court of Quarter OF THE COUNTY OF WASHXNGTON. Sessions , Washington County, COMMOMALTH OF PENNSYLVANIA. C Penna. , Na. November Term, 1925. S T A T E M E N T We , the undersigned, being the principal officers of the County of Washington, Commonwealth of Pennsylvania, desiring and deeming it necessary that the bonded indebtedness of the said County of Washington, which ii!A pal corporation existing by and under the laws of the C;omihanwealth of "Penn- sylvania, be ipereased in the amount of One Hundred Seventy-five Thousand ($175,000) Dollars for the' purpose of providing funds for permanently iroving, .repairing and maintaining certain public roads and highways in the County of Washington, Pa. , as provided by Acts of Assembly of May 11, 1911, P. L. 244, and May. 31, 1911, P. L. 468, and the amendments thereof and supplements thereto, by the issuing and selling bonds of the said County of Washington, make the following Statement under oath, in compliance with the Act of Assembly of the Commonwealth of Pennsylvania- approved April 20, 1874, P. L. 65, and the amendments thereof and supplements thereto; FIRST: The present b9fi&,61 indebtedness of said County $3 ,401,000;00 The floating indebtedness is X X X LESS cash in road fund J 23I40-!�6 " I Net indebtedness $3 ,307,1759.34 SECOND: The amount of the last preceding assessed valuation of taxable property within said County is $181,931,230.00 THIRD: The amount of debt to be incurred 175,000.00 425 MINUTE BOOK BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS FOURTH: the form, number and date of maturitied of the obligations are set forth in a Resolution of the county Commissioners, duly adopted at meeting of said Commissioners held on January 25th, 1926, a true copy dbf 1vhtch'jidi,,;attanhed hereto. IN WITNESS WHEREOF, The Commissioners of Washington County-have hereunto set their hands and seal of said County, duly attested *by the Commissim ere Clerk. J. E. JOHNSTON J. W. WALKER T. A. BARNES Commissioners of Washington Co . ATTEST: JOHN G. HALL Commissioners' Clerk. STATE -OF PENNSYLVANIA ( SS. COUNTY OF WASHINOTON. On this day of January, 1726, before me; Prothonotary of Washington County, Commonwealth of Pennsylvania, residing in Washington, Pennsylvania, Personally appeared J. E. JOHNST,")N, S. W. WADER AND W. A. BARITES , Commissioners of Washington County, who being duly sworn ad depose .and say that the statements set forth in the foregoing Statementeze true and correct, to the best of- their knowledge and belief. J. E. ZONNSTON A - J. W. WALKER W. A. BARNES Sworn and subscribed before me the day and year aforesaid. Harry E. Pollock, Prothonotary. COPY OF RESOLUTION RESOLUTION of the Board of County Commissioners of the County of Washington, relative to , the issue by the said County of one hundred seven*? five (175) Road Improvement Bonds of the denomination of One Thousand ($10 ,0.00) Dollars each. At a meeting of the Board of County Commissioners of the County of A Washington in the State of Pennsylvania,, duly called and held at theoffice of said Board of County Commissioners at the Gourt House of the said Oamall 4 2,ui,, 1 MINUTE BOOK BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMISSIONERS Bonds Numbered . Date of Maturity Aggregate Amount 1 to 6 inc. March 1, 1941 6,000.00 7 to 11 inc. March 1, 1942 5,000.00 12 to 16 inc. March 1, 1943 5,000.00 17 to 21 inc. March 1, 1944 5,000.00 22 to 26 inc . March 1, 1945 5,000.00 27 to 31 inc. March 1, 1946 5,000.00 32 to 36 inc. March 1, 1947 5,000.00 37 to 41 inc. March 1, 1948 5'.000.00 42 to 46 inc. March 1, 1949 5,000.00 47 to 96 inc. March 1, 1950 50,000.00 97 to 146 inc. March 1, 1951 500000.00 147 to 175 inc March 1, 1952 22,000.00 $175,000.00 Said bonds and the coupons annexed thereto to be in the following form.-- UNITED STATES OF AMERICA STATE OF PENNSYLVANIA COUNTY OF WASHINGTOW ROAD IMPROVEMENT- BOND No. $1000-00 KNOW ALL MEN BY THESE PRESENTS, That the County of Washington, in the State of Pennsylvania, for value received, acknowledges itself to be indebted and promises to pay to bearer, or if registered, to the registered holder hereof, the sum of One Thousand ($1000.00) Dollars in lawful money of the United States of America, on the first day of March, 19--.-, with interest thereon at the rate of four and one-half (4j) per cent, per annums payable semi-annually on the first days of March and September in each year, both principal and interest being payable , free of any taxes, required to be paid or which may be hereafter required to be paid under any law of the Commonwealth of Pennsylvania; said County hereby expressly agreeing and assuming to pay the same ; the principal thereof being payable at the office of the County Treasurer in the Borough of Washington, Washington County, Pennsylvania, and the interest at the same place, upon presentation and sur- render of the coupons annexed, as they severally become due. This bond may be registered as to principal only upon the bond registry book to be kept at theoffice of the County Commissioners of Washington County, and by endorsement upon the back hereof by the Clerk for the time being for the County Commissioners , after which no transfer of this bond shall be made except by the registered holder or holders in person, or by theilt duly authorized attorney, and such transfer shall#e A%ted upon the bond -,,, - r 4 1428 MINUTE E300K BOARD OF COUNTY COMMISSIONERS 'WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMISSIONERS registry book kept at the office of the Commissioners of Washington County, and upon the back hereof, provided, however, that this bond may be transferred to bearer', and negotiability thereby restored, and shall continue subject to registrations or transfers to bearer, but no such registration of principal shall affbet the negotiability of the coupons hereto annexed, which shall con- tinue to be transferable by delivery only. This bond may also be registered both as to principal and interest, in whiche4mntethe coupons hereto attached shall be detached and immediately cancelled* by the Clerk for the time biaing for the County Commissioners of Washingtoh County, and such registration shall be noted upon the bond registry book kept' at the office of the County Commissioners aforesaid', and upon the back hereof, and thereafter the semi-annual interest shall be paid to the holder or holdert hereof by check or warrant drawn to the order of the registered holder Gr'holders hereof, and mailed to his, her or their address , as the same appears of record upon said bond tegis:sry taiook. This bond is one of a series of one hundred and seventy-five (175) bonds , of like date , tenor and effect, amounting in the aggregate to One Hundred Seventy-five Thousand ($175,000-00) Dollars , issued for the purpose of pro- viding for the cost of the building, repairing, maintaining and otherwise permanently improving the public roads and highways now constructed or to be constructed by said County, Pursuant to the authority conferred by the Act of the General Assembly of the Commonwealth of Pennsylvania approved the 11t h day of -Lay, 1911 (Pamphlet Laws page 244 ) and the Act of the General Assembly of the Commonwealth of Pennsylvania approved the 20th day of April, 1874 (Pamphlet Laws page 54 ) and Acts amendatory thereof and supplemental thereto, and by virtue of a -Resolution of the County Commissioners of said County adopted at a meeting thereof duly called and held. It is hereby certified and recited that all acts , conditions and things necessary to the validity of this bond,exist, have happened and have been done; that every requirement of law affecting the validity hereof has been duly complied with; that this bond is within every debt and other limit pre- scribed by the constitution and laws of the Statem abd t#at prior to the issuance thereof an annual has been levied in a sum sufficiant to pay the principal and interest of this series of bonds . The faith, credit and property of said County of Washington are hereby irrevocably pledged to the punctual payment of the principal and interest of his bond in accordance with its terms. IN WITNESS WHEREOF, The County Commissioners of the County of Washington have duly caused this bond to be issued and executed by them in the , name of the said County, and the corporate, seal of the said County to be hez4- unto affixed, attested by the Commissioners ' Clerk; and the coupons hereto annexed to be executed by the fac-simile signatures of the said eounty- CommLissionerB as of the first -day of karch, 192L, `ins lors 429 , MINUTE BOOK BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS E. JOHNSTON J. W. TAMER W. A. BARNES Attest : County Commissioners. J Sohn G. Hall Commissioners " Clerk. FORM OF COM"Off NO. $22.50 The County of Washington will pay to bearer Twenty two and 501100 Dollars , free 6f any tax imposed under any law of the Commonwealth of Pennsylvania, on the first day of 19_,at the office of the County Treas- urer, Washington, Pennsylvania, being six Months* interest that day due on its Road Improvement Bond No. dated March 1, 1926. FORM OF REGISTRATION DATE OF NAME OF CIRRX OF COUNTY REGISTRATION REGISTERED OWNER COMISSIONM BE IT FURTHER RESOLVXD, That an annual tax, beginning with the 1926, be and the same is hereby levied and assessed upon the proper subjects of taxa- tion within said County, to be applied solely to the payment of the principal of said bonds at maturity and the interest and State taxes thereon as the same shall become payable, (said annual tax is sufficient for the payment of the in -terest and State taxes thereon and of the principal of said debt within a period not exceeding thirty years , to-wit, within twenty-six years' from the date of increasing said debt ) , to be collected as follows : For the year 1926 8600.oo 1927 8600-00 1928 8600. 00 1 29 8600.00 9 'I 3 MINUTE BOOK ABOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS For the year 1930 8600.00 1931 8600. 00 1932 8600.00 1933 8600-oo 1934 8600.00 1935 8600.00 t 1936 8600-oo 1937 8600. 00 ' 1938 ' 8600.00 1939 8600. 00 1940 8600.00 1941 14600.00 1942 13325.00 1943 13100.00 1 544 12855. 00 1945 1261o.00 1946 12365. 00 i 1947 12125. 00 I i 1948 11880. o0 1949 11640. 00 I 1950 56400.00 1951 54000.00 1952 ?0450.00 f BE IT FURTHER RESOLVED, That before any of said bonds shall be issued, a statement shall be prepared, executed and filed in the office of the Clerk of the Court of Ouarter Sessions of Washington County, as required by the second section of the aforesaid Act of the General Assembly of the Common- wealth of Pennsylvania, approved on the 20th day of April , 1874, and the Acts amendatory thereof and supplemental thereto. F BE IT FURTHER RESOLVED That the Controller of said Washington County be ordered and directed to advertise said bonds for sale in accordancewith the provisions of the Act of the General Assembly of the Commonwealth of f Pennsylvania, approved the 6th day of July, 1917, and the Acts amendatory thereof and supplemental thereto, and that the same be sold to the higlest responsible bidder after due public notice as required by said Act, provided that no bid for said bonds at less than their par value shall be accepted; AND BE IT FURTHER RESOLVED That said One Hundred Seventy-five Thousand r ($175,000. 00) Dollars of bonds , when duly prepared, signed and sealed in the form above set forth,' shall be delivered to the purchasers thereof, as herein- . i above provided, on payment of the purchase price thereof, and the receipt of the Treasurer of the said County shall be to the purchaser a full acquittance i for the said purchase price , and the said purchasers shall not be bound to -see I i 4311 MINUTE BOOK BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER. W H ECKER, COMMISSIONERS to the application of the proceeds thereof. COIMONWEALTH OF PENNSYLVANIA COUNTY OF WASHINGTON t SS. I. JOHN G. HALL, Clerk to the County Commissioners of the said County of Washington, do hereby certify that I have compared the foregoing Resolution with the original minutes of the County commissioners, and that tUe same is a true and correct copy of the Resolution adopted at a meeting of said Board, wt which all the Commissioners were present on the 25th day of January, 1926. I further certify that the Resolution was adopted by the unanimous vote of all the Commissioners . IN WITNESS WHEREOF I have hereunto set my hand and the seal of said Commissions re the day of January, 1926. 'Clerk of the County Commissioners; of Washington County. (SEAL) I , E. G. MCGREGOR, Clerk of the Court of Quarter sessions for the County of Washington, State of Pennsylvania, do hereby certify that tYe foregoing is a true and correct copy of the STATFMNT and Resolution of the County Commissioners * of Washington County. IN RB: .INCREASE OF INM S OF THE COUNTY OF WASHINGTON as the same remains of record in my office at No. November Term, 1925. Given under my hand and seal of office at Washington, Pa. , this day of February, 1926. Clerk of Courts, Q. S. IN RE: Ind6he Court of Quarter Increase of the Indebtedness Sessions of Washington County, Pa. of the County of Washington. No. February Term, 1926 COPY OF RESOLUTION A RESOLUTION of the Board of County Commissioners of the County of Washington, relative to the issue by the said County of three hundred fif*v -1-1350) road improvement bonds of the denomination ot One Thousand 432 MINUTE BOOK BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMISSIONERS Dollars each, for the purpose of providing funds for permanently improving, repairing and maintaining thepublic roads and highways in said County, as pro- vided by the Acts of Assembly of May 11, 1911, P. L. 244 , and May 31, 1911, P. L. 468, and the amendments thereof and supplements thereto. At a meeting of the -board of County vommissioners of the County of Washington in the State of Pennsylvania, duly called and held at the office of said bard of County Commissioners at the Uourt House of the said County of Washington, in the City of Washington, Pennsylvania, on the first day of February, 1926, all of the members of said Board, to-wit, J. El Johnston, J. W. Walker and W. A. barnes , being present, the following Resolution was duly presented by Mr. Walker and seconded by Mr. Barnes , and unanimously adopted by said -board, to-wit: WHEREAS, it is proposed to issue three hundred fifty (350 ) road improvement bonds of the denomination of One Thousand ($1,000.00) Dollars each for the purpose of providing funds for permanently improving, repairing and maintaining the public roads and highways in said county as provided by the Acts of Assembly approved May 11, 1911, P. L. 244 , and May 31, 1911, P. L. 468, and the amendments thereof and supplements thereto , and WHEREAS, the amount of bonds to be so issued exceeds one-tenth of one per centum of the total valuation of all property for taxable purposes in sail County, as shown by the last triennial assessment in said County, and the issuance thereof should be approved by the Grand Jury and the Court of quarter Sessions . NOW, THEREFORE, BE It resolved that there shall be submitted to the Grand Jury of Washington '-ounty on Thursday, February 4, 1926, at 9:15 A. U. , the proposal to issue three hundred fifty (350 ) road improvement bonds of the denomination of one Thousand ($1000.00J- Dollars each for the purpose of providing funds for permanently improving, repairing and maintaining the public roads, and highways in said County, as provided by the Acts of Assembly of May 11, 1911, P. L. 244, and Kay 31, 1911, P. L. 468, and the amendments thereof and supple- ments thereto. AND Be it further resolved that said proposed issue of road improvement bonds be submitted to the Court of �,uarter Sessions on Monday, the eighth day of February, 1926, . at . 10:00 A. M. for its approval or disapproval. Presented and adopted at a regular meeting of the Board of County Commissioners of Washington County, held at their office in the Court House at Washington, Pennsylvania, on the first day of February, 1926, and duly recorded in in the minutes of said board.