HomeMy WebLinkAboutCOMM - Meeting Minutes - - 5-21-1923 - COMMISSIONER MINUTE O K
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTON JAMES W.WALKER, W H ECKER, CONIMIGSIONERS
SIGNED
IF
COUNTY COMMISSIONERS*
Office of County Commissioners,
Washington, Pa, , may 16, 1923. 11
Commissioners in regular session, members present being Messrs,
Walker, Johnston and Ecker,
Motion by Mr; Ecker, seconded by Mr. Johnston, that County Solicitor
be directed to take steps necessary for the issuance of Road Bonds of the County
of Washington in the sum of $165,000,00, in compliance with Ao,ts of Assembly in;
such cases made and provided, the proceeds of sale of said bonds to be used
for road construction and maintenance during the -eurrent year,
Motion unanimously carried._
There being no further business, the Board adjourned,
SIGNED
C OUNTY C OMMI S SI ONERS,
Office of the County Commissioners,
Washingtop,,. Pa. , ,May' 21, 19 23,
At a meeting of the Board of County Commissioners of the County of
Washington in the State of Pennsylvania, duly called and held at the office
of said Board of County Commissioners at the Court House of the said County of
Washington, in the Borough of Washington, Pennsylvania, on the 21st day of
May,, 19 23 , all of the members of said Board, to wit, J. W. Walker, J. E, Johnson
and W, H. Ecker, being present, the following Resolution was, on motion duly
made and seconded, unanimously adopted by said Board, to wit;
WHEREAS, by proceeding had in the Court of Quarter Sessions of
Washington County, Pa„ in accordance with the provisions of the Act of the
General Assembly of the Commonewealth of Pennsylvania, approved on the llth day'
of May, 1911 (Pamphlet Laws, page 244) and the amendments thereof and supplements
thereto, the improvement, construction and maintenance under the said Act of
divers sections of the main -public roads in said county has been authorized and
ordered and decreed to be done; and
WHEREAS, the County Commissioners of the said County propose to ro-
p 7
, coed, during the year, 1923 , to build, repair, maintain and otherwise permanently
M -INUTE ® CEO
BOAR® OF COUNTY COMMISSIONERS !P`,/ASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTWT, JAMES W WALKER, W H ECKER, COMMISSIONERS
improve a pa ,
of which has been authorized and directed as aforesaid, and in order to provide
for `the cost of the building, repairing, maintaining, and otherwise permanently
improving the same, it is necessary to borrow upon bonds to be issued by the
said `county the sum of One Hundred Sixty-five Thousand ( $165,000.00) Dollars,
the funds now in the treasury of the County, and those to come in during the said
year ( from sources other than such borrowing) not being sufficient to defray
such 'cost.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS 6Y
the said County of Washington, that for the purpose of providing for the cost
of the building, repairing, maintaining and permanently improving 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
borrow the sum `of On's Hundred Sizty-five Thousand ( $165,000.00) Dollars and in-
crease its indebtedness by the issue of One Hundred Sixty-five bonds in the
denomination of One Thousand ( $1000.00) Dollars each, to be numbered from one
to one hundred sixty-five ( 1 to 165) , both inclusive, to bear date the first day
of July' 19 23 , and to bear interest at the rate of four and one-half ( 4j) per cent
per annum from their date, payable semi-annually on the first days of January
and July 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:
Bonds numbered Aggregate Amount. Date of Maturity.
1 to 5 Inc. $ 5000 July 1, 1938
6 to 10 $ 5000 July 1 , 1939
11 to 12 " $ 2000 July 1 , 1940
13 to 20 " $ 8000 July 1 , 1941
21 to .30 10000 July 1 , 1942
31 to 40 $ 10000 July 1 , 1943
41 to 60 " $ 20000 July 1 , 1944
61 to 70 " $ 10000 July 1, 1945
71 to 90 " $ 20000 July 1 , 1946
91 to 110" $ 20000 July 1 , 1947
111 to 1301nc $ 20000 July 1 , 1948
131 to 165 " $ 35000 July 1 , 1949
Said bonds and the coupons annexed thereto to be in the following
form:
UNITES STATES OF AMERICA
STATE OF PENNSYLVANIA
COUNTY OF WASHINGTON
ROAD IMPROVEMENT BOND. -
No. $1000.00
272
MINUTE BOOK
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMISSIONERS
I
i
KNOW ALL MEN BY THESE PRESENTS, That the County of Washington,
i
in the State of Pennsylvania, for value received, acknowledges itself to be in-
debted and promises to pay to bearer, or if registered, to the registered holder
hereof , the sumlof One Thousand Dollars ( $1000.00) in lawful money of the United
States of America, on the first day of July, 19,_„_,,,, with interest thereon at the,
rate of four and one-half ( 4*) per cent. per annum, payable semi-annually on the
first days of January and July in each year, both principal and interest being
payable, free of any taxes required to be paid or which may be herei;aafter re-
quired 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 pre-
sentation and surrender 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 the office 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 their duly authorized attorney,
and such transfer shall be noted upon the bond 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 affect the negotiability of the coupons hereto
annexed, which shall continue to be transferable by delivery only,
This bond may also be registered both as to principal and in
terest, in which event the coupons hereto attached shall be detached and imme-
diately, aancelled by the Clerk for the time being for the County Commissioners of
Washington 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
holders hereof by check or warrant drawn to the order of the registered holder or
holders hereof, and mailed to his, her or their address, as the same appears of
record upon said bond registry book.
This bond is one of a series of one hundred and sixty-five
( 165) bonds, of like date, tenor and effect, amounting in the aggregate to One
Hundred Sixty-five Thousand Dollars ( $165,000.00) , issued for the purpose of provid
ing 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 llth day of May, 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, WA by virtue of a Resolution
i
7t`3
MINUTE BOOK
BOAR® OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTON, JAMES W WALKER, W H ECKER, COMMISSIONERS
of the County Commissioners of said County, adopted at a meeting thereof duly
called and held.
It is hereby certified and recited that all sets, 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 State, and that prior 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 and property of said
County of Washington are hereby irrevocably pledged to the punctual payment of
the principal and interest of this 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 hereunto
affixed, attested by the Commissioners' Clerk and the coupons hereto annexed
to be executed by the fac-simile signatures of the said County Commissioners as
of the first day of July, 1923
FORM OF COUPON
No. $22.50
The County of Washington will pay to bearer Twenty-two and
501100 dollars , free of any tax imposed under any law of the Commonwealth of
Pennsylvania, on the first day of �,. 19____, * at the office
of the County Treasurer, Washington, Pennsylvania,, being six months' interest
that day due on its Road Improvement Bond No. dated July 1, 1923.
FORM OF REGISTRATION
Date of Name of Clerk of
Registration Registeked,,Owner County Commissioners.
1 v
1
, t
,"7c'3
MINUTE BOOK
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTON. JAMES W WALKER, W H ECKER, COMMISSIONERS
and the Acts amendatory thereof and supplemental thereto.
BE IT FURTHER RESOLVED that the Controller of said Washington County
be ordered and directed to advertise said bonds for' sale in accordance with the-
provisions of the Act of the General Assembly of the Commonwealth of Pennsylvania,
approved the 6th day of July, 1917 , and the Acts amendatory thereof and supple-
mental thereto, and that the same be sold to the highest 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 Sixty-five Thousand
( s 165,000.00) Dollars of bonds, when duly prepared, signed and sealed in the
form above set forth, shall be delivered to the purchasdre thereof, as herein-
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
for the said purchase price, and the said purchasers shall not be bound to see
to the application of the proceeds thereof.
COUNTY COMMISSIONERS.
COMMONWEALTH OF PENNSYLVANI A )
SS:
COUNTY OF WASHINGTON )
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
the same is a true and correct copy of the Resolution adopted at a meeting of
said Board, at wh4ch all the Commissioners were present on the 21st day of May,
1923.
I further certify that the Resolution was adopted by the
unanimous vote of all the Commissioners.
IN WITNESS WHEREOF I have hereunto set ny hand and the seal
of, said Commissioners the 28th day of May, 1923,
John G. Hall,
Clerk of the County Commissioners
Of Washington County.
There being no further business, the Board adjourned.
SIGNED
GOUNTYGCOMMISS ONERS.
,44
MINUTE BOOK
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
J ELMER JOHNSTON JAMES W WALKER, W H ECKER, COMMISSIONERS
BE IT FURTHER RESOLVED, That an annual tax, beginning with the
year, 1921 , be and the same is hereby levied and assessed upon t1le proper sub-
jects of taxation 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
an the same shall become payable, ( said annual tax in sufficient for the payment
of the interest and State taxes thereon and of the principal of said debt within
a period not exceeding thirty years, to-wit, within nineteen years from the date
of increasing said debt) , to be collected as follows:
In the year 1924 $ 7425.00
In the year 1925 $ 1425.00
1926 7425.00
1927 -7425.00
1928 $ 1425.00
1929 $ 17425.00
1930 $ 7425.00
1931 7425.00
1932 $ 7425.00
1933 $ 7425.00
1934 7425.00
1935 $ �7425.00
1936 $ 7425.00
1937 $ )7425.00
1938 $ 12425.00
1939 12200.00
1940 $ 8975-00
1941 14885.00
1942 SQ 16525.00
1943 16075.00
1944 $ 25625.00
1945 $ 14725.00
1946 $ 24275.00
1947 $ 23375-00
1948 $ 21275-00
1949 $ 36575-00
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 Quarter Sessions of Washington County, as
required by the second section of the aforesaid Act of the General Assembly
of the Commonwealth of Pennsylvania, approved on the 20th day of April, 1874