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HomeMy WebLinkAbout01291929January 29, 1929. - - ADJOURNED MEETING An adjourned mooting of the Harnett County Commissioners. Members present were, John McLeod, Chairm. Stewart 1rlington, W. C. Laudermilk, also J. 0. West, Co. Atty and D. H. Senter Co. Manager. The board was oalled to order by the Chairman. It iS ordered teat theBoard hear bids for the $150,000.00 . C. Bonds that were authorized to be sold in the meeting of Jan. 22, 1929. It was agreed that the bonds be sold at auction, with the privilege of the board to aooept or reject all bids. The highest bid for the Harnett County Bonds was that of 0. H. Bray of Bray Bros Co., of Greensboro, N. C. the bid being 5% with $1,000 premium. In an Executive session It was moved by Stewart Turlington,Seconded by *. C. Laudermilk that the Board aooept the bid of C. H. Bray of Bray Bros Co. of Greensboro, N. C. Those voting for: John McLeod, Chairm. Stewart Turlington; and W. C. Laudermilk, Those voting against: none. It is moved by Stewart Turlington and seoonded by W. C. Laudermilk, that the resolution drawn by Bray Bros., be accepted. RESOLUTION: Greensboro, N. C. January 29th, 1929. Board of County Commissioners, Harnett County, North Carolina, Lillington, North Carolina. Dear Sirs: Ne herewith submit you the following offer for your issue of bonds; For 4'150,000.00 HARNETT COUNTY, NORTH CAROLINA? BONDS, properly and legally issued, coupon form, denomination $1,000 each, dated at, 1929, and maturing $5,000.00 Feby lat 1934 to 1953 inclusive, and 110,000.00 ?atmuayy 1st, 1954 to 1958 Dnolusive. Without option of prior payment, bearing interest at the rate of 5% per annum, payable semi - annually, both prinoipal and interst payable at the CHASE NATIONAL BANK, In New York, N. Y., we will pay you PAR and interest, and furnish blank bonds an legal opinion free of cost to the County, and a premium of $1,000.00. Prior to the delivery of said bonds to us at the Greensboro Bank & Trust Company, of Greensboro, N. C., you are to promptly furnish us with the complete certified transcript and all other papers required by our attorneys for the approval of said bonds, and upon which they will furnish us with their unqualified approving legal opinion, stating that there is authority for the levy and oolleotion of an unlimited tax for the payment of both principal and interest of said bonds as same become due. Further, you are to perform suoh other sots and things as in the opinion of our attorneys may be necess- ary to perfect the legality of said bonds, As a guarantee of the faithful, parformanoe of this bid, we attach hereto our certified check for $3,000.00 which check is to be held by you and applied as liquidated damages against our failure to comply with the terms of this bod. Said oheok is to be promptly returned to us in case our attorneys should refuse to approve said bonds, or for any other reason bonds are not delivered. Verky respectfully submitted, BRAY BROTHERS COMPANY. By C. H. Bray, RESOLVED: That the bid of Bray Brothers company, of Greensboro, N. C. being the highest and best bid on the above described bonds, it is hereby accepted and said bonds are hereby awarded to said Bray Brothers Company, and the proper officials are authorized and directed to deliver said bonds to them, on oom- plianoe by them with the terms of their bid. The foregoing is a copy from the minutes of a meeting of the Board of Commissioners of Harnett County, N. C., held January 29th, 1929, of whioh meeting all the five members were duly notified, and at 'Which meeting three members were present and voted in favor of said resolution. Bray Brothers Co. (SEAL) $ilifis$a oiAlre. John McLeod, Chairman, Attest: Thad H. Pope, Clerk. 3,1 346 ii It is ordered that the board accept the action of County Mgr. D. Ti. Senter, at to the arrangements made to renew the note due January 25, 1929 at The Chase National Bank, New York City. The board adjourned until next regular meeting. Clerk to Board. Chairman of Board Co, Gommissione s. February 4, 1929. The Harnett Oounty Board of Commissioners met in regular session with th ollowing members present, John McLeod, Chairm. Stewart Turlington, Wm. Morgan, nd W. G. baudermi1Z, also present were Jp 0. West Co. Atty and D. H. Senter Co. ager. The Board was called to order and the minutes read and approved, rders. It is ordered that the Board. of J. E. Dupree furnished by New Amsterdam as. Co. be substituted and filed to take place of former bond. It is ordered that Sheriff, J. H. Tart, make a survey of Harnett County nd where Slot Machines are found give five days to remove and on second trip onfiseate machines. It is ordered that the witnes=ses in the States�;eas in court shall be ro- rated, It is ordered,the road board continua its work for the month of Feb. It is ordered that W. S. Norden buy license to operate a pool table in as t Erwin. It is ordered that W. R. moor a buy license Go operate a pool table in East Erwin. It is ordered that the board accept cheek for 0 1923 taxes of Raynor and parker on property in Stewart's Greek Township. It is ordered by the board that 11. H, S.enter Go. mgr. be authorized to eo vey the land purchased by the County by 1. R. Williams Comm. to the former land owner upon the payment of all taxes and cost occuring and now due the County by reason of suits upon which the judgments and sale of said land were conveyed to he County. In the event the former owner does not see fit to exercise this option the County Mgr. be instructed to take possession by legal process or otherwise for the County. e • PORTS: be It is ordredthat the report of the C. S. C, Accepted and fileded.. It is ordered that the report of the County Welfare Officer be accepted and filed. It is ordered that the report of the Tax collector be accepted and filed. It is ordered that the report and statement of Supt `of Schools be accepted and filed. EZEPORT OF CHAIRMAN OF SCHOOL BOARD: TO THE 30ARD UF' COUNTY commlbblWU±R. The Board of Education begs. to submit below the amount of unds needed to operate the shcools of Harnett County during the month of J?egruary. Current Expense Fund Capital Outlay and Debt Service Fund Checks for January held for the lack of Funds. 30,000.00 2,000.00 10,563.43 1,923.19 Totals * 44,486.62 We attach hereto statement showing expenditures to date. Respectfully submitted, Marvin Wade, Chairman. B. P. Gentry, Clerk. Feb 4, 1929.