Show 11 drainage district bonds sale the sixty eight thousand dollar bond issue of sevier county drainage district no 1 were sold last saturday evening to the lumber mans trust company of portland oregon at par and accrued interest plus a premium of there were two other bids for the bonds viz the palmer bund bond mortgage company of salt lake city which bid par and accrued interest and that of H C speers co of chicago who bid par with the understanding that the said company might spend a sum not to exceed for special engineering services upon the project the meeting of the board of supervisors of the drainage Dea inage district at which the bonds were sold was held as per advertisement at the office of H N hayes at 8 p ni m all members of the board were present each house bidding upon the bonds had its special representative present these bonds netted the highest price that has ever been paid for any drainage district bonds in utah so the board of supervisors and the land owners of the district should be complimented upon the sale the bids for the installation of the drainage system will be opened on the instant and immediately thereafter work will be begun and will be pushed with all haste to completion so that at least a portion of the system will be in operation next season |