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HomeMy WebLinkAboutCity Council Minutes 09.14.1923Minutes of the City Council of Laurel laurel, Iontana, aeptember 141) 1923. A meeting of the city council of the city of Laurel, Yellowstone County, 1Iontana, was held in the Council Chambers (the usual meeting place), in said city, on Friday, the 14th day of September, A. L. 1923, at the hour of 8 o'clock P. 1d. . at which there were present: H. A. Carlisle, lVIayor; Councilmen B. L. Price, B. B. Hageman, 0. M. Wold, H. C. Knudsen, R. E. Coy, Ed Gum, Charles E. Perry. Absent Councilman J. F. Nicola. Also present, City Clerk, T. A. Rigney; The following, among other things, was had and done t naively: The Clerk announced that pursuant to the provisions of Ordinance No. 268 of said city, notice of intention to issue and sell certain bonds of the city hereinafter described, at public auction, to the bidder offering the highest bid therefor, was published each week for four (4) consecutive calender weeks in "The Laurel Outlook," a weekly newspaper printed, published and of general circulation in said city-, in the issues thereof of August 15, August 22, August 29, September 5, and in the "Few York Herald" a daily newspaper printed and published in New York City, in the issues thereof of August 16 to Se-ptember 13, inclus- ive, as more fully appears from the following publishers affi- davits of -publication, to-wit: STATE OF MONTANA, ) SS. County of Yellowstone') NOTICE OF BOND SALE. Public notice is hereby given ,that' the City-, of Laurel, of Yellowstone County, State of Montana, proposes-1 to issue its bonds; asfollo*s 1 <municipal_ Coupon Bands in e anoint of $40,000 to produce funds] with 4hic1Yo retrace thpe «orn out wooden w3t`er;r,ai ?rd to ;;the amount o0, s1 QQ to„,? produce, funds with , -?cluih to !construct a settling.'basin, for the municipal watenvorlgs - system of said",' I ity. Each of said issues,, of bonds will be dated J-a _Z 192$ ivill be payable on the :a ortization plan; 6r-4 serially, a5; provided- by raw, over a period of 'twenty dears Ind ti?u11 draw interest' at'a rate not e ceeding's - per cent.'":per annum, payable semi- :annually. Notice is, further given '" that said City , n-ill_ sell said bonds" ;?t public auction in the Councit Chambers"iii 11sald cite September 14, 1?)2 at S o'clock P. M. Bond, pay able on -I Vie. arno1-tj7,ation plan are,. tha citYst first choice. and bonds payable 5e'rial-? l are thi, -c ty s second choice. No bid . ??all be cpn?Ydered unless it is-,un- I conditron23? for?'at least an - rr,t&l rr teics and acco certified check draw-, Trei nicrfoi? tell per aniount bid The b awe lyded` to !the respon'si !Grin- to take ?aii ones lowest rate of :r ere',t for, erral :.bonds '?>` Campbell Calvert being first duly sworn, deposes and Says: That he is the fore- man of The Laurel Outlook, a weekly newspaper published every Wednesday in the City of Laurel, in the County of Yellowstone, State of Montana, and has charge of the advertisements thereof: That the Notice of Bond Sale a true copy of which is hereunto annexed, was pub- lished in the regular and entire issue of said newspaper for 4 successive issues, commencing on the 15th day of August, 1923, and ending on the 5th day of Sept. 1923, (both days inclusive), making in all four publications. (Signed) Campbell Calvert Subscribed and sworn to before me this 14th day of September, 1923. (Signed) Edw. Mi. ' estbrook Notary Public for the State of 1'rlontana. Residing at Laurel, SEAL.) 1_Iont ana . My Notarial Commission expires June 24, 1925. -- eoiilmencing, ode` ar jafer cue"of bonds. s r i a; Tlic city re en es the right to _re . ject an 'and all bids ?. 1 , Dated at Lain el ?Montana this 24th 0rk,) day of .duly; 1923. ) ?SEAL) H. A. CARLISLE, Mayor. Attest: I S. ?rK)LFENMEN, being duly sworn, says T. A. RIGITEY,' that he is the Principal Clerk of the City Clerk Date of First Pub. Aug. ti 19'23 4t) Publisher of THE NEvI,x YORK HERALD a -,.. Daily newspaper printed and publish- on, soaas in .the ed in the City and County of New rnolxtt o $? to produce funds y ;?rttr ?? _ tli otr York, Borough _of=TwIanhattan; that the cvood'eir ?.. e oun r advertisement hereto annexed has been 464 regularly published in the said 3 ay r, o newspaper on August 15th to 31st 1923 " inclusive, (Signed) S. Violfenden Minutes of the City Council of Laurel Laurel, Montana, September 14, 1923. Sworn to before me this 9th day of October 1923. (Signed) S. K. Meringer. Notary Public for Queens Co., 2151 (SEAL) Certificate filed in New York Co., 217 New York Co. egister's No. 5321 Appointment expires vIarch 30, 1925. STATE OF NEW YORK, ) City and county of New York, ) SS., Borough of Manhattan ) NOVICE OF BOND SALE. S. WOLFEI4DEN, being duly sworn, says that r Pub e„nrce is hereby given that' he is the Principal Clerk of the Publisher thQ-CiWIvof Laurel, of Yellowstone of IIIE NEVU YORK HERALD a daily newspaper Coust?;. State of Montana, proposes Y to issue its'bonds'as fpllo?s Yrin t,ed and published in the City and V MuFUe l` Counoit nn?Ts ,,, _ County of New York, Borough of Manhattan; g that the advertisement hereto annexed has S.IaglO,uo 4T been regularly -tiblished in the said news- t ;oa-per •on September lst, 2nd, 3rd, 4th, 5th l? and 12th 1923. (Signed) S. 4olfenden Sworn to before me this 9th day of October 1923. (Signed) S. K. Meringer Notary ±Iublic for Queens Co., 2151 (SEAL) Certificate filed in New York Co., 21'7 New York Co. Register' s No. 5321 A-ppointment expires March 309 1925 And upon motion duly made, seconded and unanimously carried, the clerk was instructed to and did then and there spread the said affidavits in full upon the records at this meeting, to become a part thereof. Moved by Councilman B. L. Price, seconded by Councilman B. B. Hageman and with unanimous consent, it was ordered that the Council now sell, at public auction, each series of bonds described in the notice of sale hereinbefore appearing, and in -pursuance to the same. The said auction having been duly and lawfully held, disclosed that no bids for bonds payable on the amortization elan were submitted and that the joint bids of Crosby, 4icConnell & Company of Denver and Stern Brothers and Company of Kansas City, for each series of bonds, payable serially from one to twenty years, was the highest and best bid received, they offer- ing and agreeing to purchase said bonds bearing 6% interest at, a price exceeding their par value, together yvith all accrued interest thereon to date of delivery; and u-?on motion duly made, seconded and unanimously carried, it was decided and ordered that the said bids of Crosby, McConnell and Company and Stern Brothers and Com- pany submitted at said auction sale for each series of bonds bearing 6o interest, and at a price in excess of their oar value and accrued interest thereon to date of delivery--be acce-?')ted. There being no further business to come before the meeting, it was thereupon moved, seconded and duly carried that the council adjourn. _A?_X (Jaaj_'C?6 IvIayo r . ( S E A L ATTEST: C.t U one rk.