New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1889-03-06


Figures don't lie; INSCRIPTIONS schem-
ers sometimes do.
New Ulm, MINI, March 6, 1889.
The HUSTLER.
AN ACT TO authorize the Board of
County Commissioners of Brown County
to issue the bonds of said County for the
completion and furnishing of a new Court
House for said County.
Be it enacted by the Legislature of the
State of Minnesota
Section l. The Board of County
Commissioners of Brown County are
hereby authorized and empowered to is
sue, at any time within three years after
the date of the approval of this act, the
bonds of said county with interest cou-
pons attached, in any sum not exceeding
thirty five Thousand (35,000) dollars or
SO much thereof as may be deemed nee
essary by said Board of County Commits
sioners, which bonds shall be used for
the purpose of completing and furnishing
the new court house now in process of
erection for said county at the county
seat thereof.
Section 2. Said bonds shall be issued
in sums of not less than one hundred
| 1907 dollars nor more than one thou
sand 1,000) dollars each and may bear
interest at any a rate not exceeding six
| to- per cent per annum, payable semi
annually, and the principal shall be pay
able at such time or times not less than
fifteen (15) nor more than thirty (3O)
years after the date of said bonds as said
Board of County Commissioners may by
resolution provide and said bonds and
the coupons thereto attached shall be
signed by the Chairman of said Board of
County Commissioners and attested by
the Auditor of said County, and the
bonds sealed with the seal of said
county and be payable in lawful money
at such place or places as said Board of
County Commissioners may designate.
Provided, that said bonds shall not be
negotiated or sold for less than par value.
Section 8. Said Board of County
Commissioners are here by authorized and
empowered, and it is hereby made their
duty to levy a tax from time to time upon
the taxable property of said county, suf-
fcient to meet the payment of the in ter
est coupons as they shall become due
and until the payment of principal and
interest of said bonds is fully provided
for ]; which taxes shall be payable in
money and shall constitute a fund for
the payment of said bonds and interest
thereon and shall not be applied to any
other purpose whatsoever until said
bonds and interest are fully paid after
which any surplus proceeds of such tax
es shall be placed in the general fund of
said county.
Section 4. The proposition of issu-
ing said bonds shall be submitted to a
vote of the electors of said county at a
special election to be held on the fourth
{ 4th) Tuesday in March in the year of
our Lord one thousand eight hundred
and eighty nine (1889) in the several
election precincts of said county, notice
of which election shall be given at least
twenty coy days previous to the hold
ing thereof in the same manner as notice
of a general or special election is by law
required to be given, which notice shall
state that the question of issuing said
bonds will then be submitted. The Coun-
ty Auditor shall also give notice OF said
election by publishing this act in two (2)
or more of the weekly newspapers in
said Brown County for two (2) weeks
previous to the date Of said election.
The ballots used at said election for the
purpose of voting on said proposition
shall have plainly printed or written, or
partly printed and partly written there
on the following words: aFor issue of !
bonds for completion of Court House,
or "a gainst issue OF bonds for compile
lion of Court House.. Said election shall
be conducted in the same manner as
elections for county officers, and the
votes cast and canvassed in like manner.
And if it shall be found upon the can
yass of said votes that a majority of the
voters who shall have voted on said pro-
position have not voted in favor of the
issue of said bonds, then said bonds shall
not be issued.
Section 5. This act shall take effect
and be in force from and after its pass
age.
Approved February 21st AID 1889. |