Inventory of Coupon Bond Register from Murray City School District (Utah), 1939-1959.

Series 30093

Murray City School District (Utah) Coupon Bond Register

Dates: 1939-1959.

These records are housed in the Utah State Archives' permanent storage room.

Historical Note

An agency history is available.

Scope and Content

This series contains a volume used to document payments made on ninety-six $1000 bonds issued by the Board of Education to fund school construction. The bonds were authorized by the Board on 1 February 1939 and came due in successive sets on 1 February each year between 1950 and 1959. The district made semi-annual payments on the bonds, with a 3% annual rate of interest and received coupons as a receipt for each payment. The coupons were pasted in this book as a record of payments made. When each $1000 bond was paid off, it was marked as paid and returned to the district to be inserted in the book with the coupons for that bond.

The $96,000 in bonds represented in this series was presumably a match to $96,000 in federal funding given to the school district through the Public Works Administration (PWA) to help in construction of a new Arlington School, renovation and additions to the Liberty and Bonnyview Schools, and renovation of the gymnasium at Murray High School.

Access Restrictions

This series is designated as Public.

Reproduction and Use

These records are available for reproduction and use.

BOXDESCRIPTION
1 Coupon Bond Register;1939 Feb 01 - 1959 Feb 01