Deseret Evening News | 1901-04-19 | Page 5 | School Bonds Redeemed

a SCHOOL BONDS BONUS REDEEMED ID Board Will VIII Wi Up Sl of 1892 l 12 Issue Tho At the tho meeting of the finance com of ot the time board of ot education yes yesterday yesterday es afternoon Clerk Moreton was waA I Instructed to redeem with money mone In Inthe Inthe the time sinking fund HOO of C 5 I per cent 1000 bonds of series 2 of ot the time boards Issue of ot of oC August 1 I ISM 1192 lS 2 due August 1 I 1 02 W V J Hayes Ines Son of oC Cleveland Ohio offered the tho bonds to the time board for redemption at a 1022 equal to a I of and accrued In Interest Interest terest and the tho board accepted tho the of oC offer oCter offee fee fer The lime redemption of ot the fourteen bonds bonde will wi reduce the sinking fund to about until It Is replenished by Its proportion of ot this years taxes When the tM th fourteen bonds are arc I there will wi still remain of the tha th hsue Mr Ir Moreton was further directed to take UI up a note noto for or due as hal bal balance ance of the purchase price of ot the th Web sier ater school site The Time money mon to be he tak taken taken taken en from froma the time building fund The Time expenses of oC the tho schools next lex I year ear will wi be some heavier than they