Little Falls transcript., 1891-05-08
Commissioner Of the Land once Of the etata
Of Minnesota

| Of Minnesota
CERTIFICATE OF THE BoAKD OF NArAoERs.
W We =. The 10 board Of managers Of the Mime:
that we have caused to be borrowed upon
this certificate for the use of said school, tho
sum sur lot OF S.: that the same is payable on
he rate Of per C. cent % PEI! s1a nsaas
first % dav A'V; Of July and January in in
eaa each yea.; and that said AMOUNT mount
5 IS or fG h. PdsysoH IS
| Of this celi6cate to the state treasurer Of the
! State Of Minpesota at his Office q; the city OF
st. Paul Minnesota.
| Issued and dated this. day of........-..
Board Of Managers of III; lhinine;siotia; Stats
Reform School.
Countersigned and
ss;tais.ii;ai;uit Stat. Treasurer.
SEC. ~. The said loan and loans herein
provided for shall not In the aggregate ex-
Sand dollars ($l50,GO0).
They shall be SO adjusted that not more
than fifty thousand dollars (s5o,0Oo) thereof
shall! become PAYABLE in any one year. nor
shall any part Of the principal thereof be.
come payable within one year nor after ten
years from the passage Of this act. or bear
any s1ae ra s5 PsS'
to these limitations the said board Of mana
gers are hereby authorized to negotiate and
make such loans. upon such time, terms and
In such amounts US they may deem expedi-
ent.
SEC. ~; Upon payment 70 the state
treasury by the person from whom any such
loan is obtained. Of the amount IN such GER
he cs1aae ee 81 fsd sd sds aae
OF. and the name Of the person 70 whom the
same shall be payable. and shall number and
counterslgn the same, and deliver such Ger
Said treasurer shall make and keep in books
By him to be provided for that purpose,
register Of sail certificates, ana OF any assign.
rnents thereof. Such certificate, when so
eSon,n,ters'gned sSu,, and issued BY satd treasurer.
that all the requirements Of law relative to
the issuing of the same have been fully com
piled with. and that the owner thereof is
e ae se sa Pa 10
accordance with the terms and contents Of
such certificate.
SEQ Is. The moneys obtained upon such
essa se 81 ss s's ci fn
and IL hereby set aside and appropriated
for the. purpose Of the ere:tion and
completion Of the necessary buildings Tor
e aP% hs o q the the
nent site for said school in the county Of
Goodhue. for the uses and purposes thereof.
The state auditor, whenever so requested BY
the board Of managers, shall draw and de-
liver to them his warrants upon the treas
urer therefor. and said treasurer shall pay
such warrants out Of said funds delivered
from said loans.
Sec 46. Upon the issuance Of the eerttf.
Gates aforesaid, the said lands in said resolu-
tons described shall be thereby set aside az
security. and shall be disposed Of for the pay
nent of the said loans so made. And all the
proceeds hereafter arising from the sale Of
treasury. and shall therein be held and used
for the payment of the principal and interest
OF said loans, and also to reimburse the state
for any MONEYS it may have at any time paid
terest thereon; provided, however. that
whenever the whole amount Of such pro-
ceeds Of such sales shall be more than shfa-
! cient to fully pay, said loans and interest
the excess Of such proceeds shall, By the
treasurer, be set aside aud credited to the Re.
form school Fund. aud shall be drawn. paid
out and used In the same manner and for
forty-fre (45) Of this act; and provided
further. that the words proceeds OF such
sales,- as used in this section. shall be con.
payments received at tho time Of such sales,
price of the land so sold.
SEQ ~. The state treasurer shall pay said
certificates and the semi.ennually sccruing
thereof. upon presentation OF the same, ont
derived from The sale Of said lands as afore.
safiiciens sum lent for that purpose. be shall advance
and paw the deficiency out OF any ether mon
eys III the treasury not o herwtse approprt-
ated, and All amount sufficient to meet such
by appropriated for that purpose, such
;;iS;%}ins S;,s appropriation until 'n0a LOANS are
SEC. Is. Tho board Of managers, when
ever thev deem it expedlent, may offer for
sale, ard sell any or all of the said lands, In
said resolution and certificate described In
manner as is provided for in sections seven.
act @ hereby amended n and W The sed board shall
once In each year hereafter offer for sale, as
In said section seventeen (11) provided. all Of
the aforesaid lands, except such parts there
Of as may have been BY them reserved for the
four ~ Of said act is provided.
SEC. 10. Section tweniy-seven CD Of said
chapter two hundred and fifty eight t25S) Of
dred and eighty nine QsS9) Is hereby amend
ed oy striking out the provtso to said seodon,
and inserting in place ,hereof the words tol-
lowing. towit: Nothing in this act shall be
so construed as to authorize the said board to
completion of said buildings any indebted-
ness or cost in excess Of the aggregate
amount ultimately derived from the sale Of
all Of said lands as aforesaid.
SEC. 81. Nothing ia this act contained
shall be 80 construed as to In any manner
prevent or restrain the Sold board Of man
ayers from selling any of the lands in section
l Of the act hereby amended described. or Of
disposing Of the proceeds thereof, as is IN said
act provided. at any time before the loans
herein provided for are made. nor to prevent
or restrain the said board from so selling and
disposing of the proceeds Of any of said
lands, which may remain unsold after the
said loans have been fully paid. Said board
of managers ore hereby authorized ana di-
rected to pay into the treasury OF the city Of
81 Paul, from time to time. as same becomes
due, all charges and assessments heretofore
or hereafter made by tho city of St. Paul for
local assessments ana also Tor water tax
against any part Of SAID Ingersoirs addition
SEQ. 81. Ali acts and parts of acts moon.
slstsns with this act are hereby repealed 80
SIG Sc. This act shall take effect and be
in force from and after its passage
Approved April II. 1891.
CHAPTER 1905. =. NO. 21a
enape Act swo e e 4ss S
to the disbursements Of the appropriati6n
mentioned therein.
Be it enacted by the Legislature Of the State
sEor1os /. That section two e) Of title
"K'' Of cnapter I'll Of the general laws Of
one thousand eight hundred and eighty-nine,
entitled IAN act TO appropriate money TO aid
in building bridges and draining lands in
certain counties Of the state." be And the
same is amended, As follows:
SEC. g. That j. e. Webster, John G. Fifleld
ana s. ]. Rice are hereby designated as .
committee on the oart OF the state. whose
duty It shall be to examine all the bills and
expenditures and maze q report TO the state
auditor Of the same. showing the character
of said bridge, the material used in its con-
strnction and the cost OF the same, and upon
receipt Of the said report the auditor shall
draw his warrant upon the state treasurer In
favor OF the county treasurer Of Olmsted
county. Minnesota. for the amount herein
appropriated, and the said moneys shall pe
disbursed BY the said county TREASURER on
the warrant Of the county audttort to tho said
committee toward paying the expenses Of
constructing said bridge. Provided. that no
money shall be paid out Of the treasury
therefor until the said bridge II fully CON-
pleted and open Tor travel.
SEQ. 9. This act shall take o@ece and b in
force from and after its passage.
Approved March 16 1901
CHAPTER l3l-S =. NO. So