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HomeMy WebLinkAboutCOMM - Meeting Minutes - - 3-26-1920 - COMMISSIONER f 1 ' i I N U T E ' V ® O BOARD OF COUNTY COMMISSIONERS WASP- MGTON COUNTY; PENNSYLVANIA J ELMER JOHNSTON, JAMES W WALKER, W. H ECKER, COMMISSIONERS ' i t One Hundred Sixty Thousand fi! ($160,000.00) Dollars , the funds now in the � r Treasury of the said county, and those to come in during the said year (from sources other than such borrowing) not being sufficient to defray-'such cost. g y � NOW THMFOR3 BE TT RESOLVED BY THE BOARD OF COUNTY- CO MT aST ONiIRS of the said County' of Washington, that -for the purpose of providing for the cost of the building, improving, repairing and maintaining the public roads and highways now constructed or to be constructed by said county, so as ! aforesaid authorized and ordered and decreed to be done, the said county do h 'R borrow the sum of One Hundred Sixty Thousand ($160' ObO.00) Dollars and increase its indebtedness by the issue of One Hundred Sixty Bonds in the do- nomination of One Thousand ($1000.00) Dollars each, to be numbered from one a to one hundred sixty-(l to 160) , both inclusive , to bear date the first dap of Itsy, , 1920, and to bear interest at the rate of five ( 5) per cent. per annum i i from their date, payable semi-annually on the first days of Way and November !f j 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 expressly agreeing and assuming to pay the same. The principal of said bonds to mature as follows : Bbnde Numbered Aggregate Amount Date of maturity 1 to $5000.00 Nov. let, 1925 6 to 10 $5000.00 Nov. let, 1526 11 to 20 $10000.00, Nov. lst, 1927 21 to 30 $10000.0b Nov. let, 1928 31 to 40 $10000.00 Nov. let, 1929 41 to 50 $10000.00 Nov. let, 1930 51 to 60 $1001)0.00 Nov- 1st, 1931 61 to 70 $10000.00 Nov- let, 1932- 71 to 80 $10000.00 Nov. let 1933 81 to 9O $10000.00 Nov. let, 1934 r 91 to 100 $10000.00 Nov- let, 1935^- 101 to 110 $10000.00Nov, 1st, 1936 ' ' n Y a 111 to 135 $25000.00 Nov. let. 1 3 I 136 to 160 $25001.O0 Nov. list, :!� �� Said bonds and the coupons annexed thereto to be in the following form: ; - M r F UNT TRD STATES OF AIMI CA STATE OF PENNSYLV'ANTA , COUNTY OF WASHT NGITON ROAD TMPROVEKHTT BORD No. $1000.00 r � y ;a MINUTE BOOK I BOAR® OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENr4SYL.VANIA J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS May, 1911 (Pamphlet Laws, page 244) and the Act of the General Assembly of I the Commonwealth of Pennsylvania approved the 20th day of April, 1874� (Pamphlet Laws, pagej4) , and Acts amendatory thereof and supplemental thezre- [ to , and by virtue of a Resolution of the County Commissioners of said dountjr, � I adopted at a meeting thereof duly called and held. E It is hereby certified and recited that all acts, oonditl6ift ` and things necessary to the validity of this bond, exist, have happene -sad have been done; that every requirement of law affecting the validity hmreoi has been duly complied with; that this bond is within every debt and other, limit prescribed by the constitution and laws of the State, and that Vr11r '. to the issuance thereof an annual tax has been levied in a sum sufficient. to pay the principal and interest of this series of bonds, The faith, credit ; .+` + IZ, ' and property of said county of Washington are hereby irrevocably pledge*,�'` ' the punctual payment of the principal and interest of this bond in aco is with its terms, V k IN WITNRSS WMIRSOF, The County Commissioners of the Covaii vi Washington have duly caused this bond to be issued and executed by them' Ut the name of the said county, and the corporate seal of the said county to be hereunto affixed, attested by the Commissioners' Clerk and oaunter-signed by the County Controller; and the coupons hereto -annexed to be executed by the fac-simile signatures of the said County Commissioners as of the first day of May, 192G• _ ATTEST: County Commissioners. E r Commissioner' s Clerk w Counter-signed County Controller x, � FORK or COUPON � �_ �• ,1 t= ' No. The County of Washington will pay to bearer Twenty-five Dollars, free of any tax imposed under any law of the Commonwealth of ', Pennsylvania, on the first day of ' 19 `, at the offioe," j _ the County Treasurer, Washington, Pennsylvania, being six months` ititerost that day due on its Road Improvement Bond No. , dated May 1, 1920. I r 1 � y ;a MINUTE BOOK I BOAR® OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENr4SYL.VANIA J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS May, 1911 (Pamphlet Laws, page 244) and the Act of the General Assembly of I the Commonwealth of Pennsylvania approved the 20th day of April, 1874� (Pamphlet Laws, pagej4) , and Acts amendatory thereof and supplemental thezre- [ to , and by virtue of a Resolution of the County Commissioners of said dountjr, � I adopted at a meeting thereof duly called and held. E It is hereby certified and recited that all acts, oonditl6ift ` and things necessary to the validity of this bond, exist, have happene -sad have been done; that every requirement of law affecting the validity hmreoi has been duly complied with; that this bond is within every debt and other, limit prescribed by the constitution and laws of the State, and that Vr11r '. to the issuance thereof an annual tax has been levied in a sum sufficient. to pay the principal and interest of this series of bonds, The faith, credit ; .+` + IZ, ' and property of said county of Washington are hereby irrevocably pledge*,�'` ' the punctual payment of the principal and interest of this bond in aco is with its terms, V k IN WITNRSS WMIRSOF, The County Commissioners of the Covaii vi Washington have duly caused this bond to be issued and executed by them' Ut the name of the said county, and the corporate seal of the said county to be hereunto affixed, attested by the Commissioners' Clerk and oaunter-signed by the County Controller; and the coupons hereto -annexed to be executed by the fac-simile signatures of the said County Commissioners as of the first day of May, 192G• _ ATTEST: County Commissioners. E r Commissioner' s Clerk w Counter-signed County Controller x, � FORK or COUPON � �_ �• ,1 t= ' No. The County of Washington will pay to bearer Twenty-five Dollars, free of any tax imposed under any law of the Commonwealth of ', Pennsylvania, on the first day of ' 19 `, at the offioe," j _ the County Treasurer, Washington, Pennsylvania, being six months` ititerost that day due on its Road Improvement Bond No. , dated May 1, 1920. I r 1 �