The sun. [volume] (Morris, Stevens County, Minn.) 1882-1895, 1892-03-03
Council PROCEEDINGS.

Special meeting of the Village
Council held at the Office of L. Fl
Wellington, Feb Is, 1892, at 3 O'Clock
p. m. All members present.
Moved by Murphy seconded by
Wellington, that the following reso-
luton be adopted.
Whereas the Common Council of the vii.
| lage of Morris, in the county of Stevens in
the state of Minnesota, being DESTROYS OF
| redeeming and paying off certain bond OF
| the village, for the sum of So, 900 which ma
| tured during the year 1890;
And whereas the legislature of the state
of Minnesota, by an act approved March IL,
1891, (H. F. No 216.) entitled, can act to
authorize the village of Morris in the
| county of Stevens to issue bonds of said
village to redeem and pay certain bonds
that matured during the year 1890, and t.
pay outstanding Indebtedness of said vii
| IaGe,' whereby said village of Norris is
authorized to issue bonds to an amount not
exceeding 5000.
And Whereas there is floating indebted
ness outstanding against said village, of
divers and Sundry sums, evidence by uuly
authorized orders issued on the treasurer of
said village, amounting in the aggregate to
about 50, 900
mon Council of the village of Morris, duly
assembled, that the bonds of said village be
issued amounting in the aggregate to
81, 900; that said bonds be issued in denOmi-
nations of 81 900 each, due ten years after
the date thereof, made payable to the bear
er, bearing interest at the rate of six per
cent per annum, payable Semi-annually, to
be evidenced by interest coupons attached,
and that said bonds and said coupons shall
each be signed by the President of the
Common Council of said village and at
tested by the Recorder of said village, and
that said bonds and said coupons shall be
authenticated by an impression of the
common seal of said village thereto affixed.
And it is further
Resolved, that the village Recorder shall
keep a correct register of each of said
bonds, and that the coupons thereto at
tached showing the date of issue Of each of
said bonds and the maturity thereof, and
also the maturity of the several interest
coupons as they respectively mature.
And be it further resolved that the village
Recorder of said village shall annually GER
tify to the county auditor at tie time Of
making his returns for funds required ard
to be collected of the taxable property in
said village, to have raised and collected of
said property, the sun of $240 per al I'm,
to pay the interest on the bonds hereby
ordered to be issued, and that are hereby
and herein issued.
And be it further resolved that the pro-
ceedS of said bonds shall be use d for the
purpose of paying off the. $4,000 bonds now
due, to-Wit: The bond that matured dur
ing the year 1890, and that the remaining
sum of s., coo shall be used for the purpose
of paying off the floating Indebtedness of
said village, and that the proceeds of said
bonds or any portion thereof shall not be
used for any other pur. DE.
And be it further resolved, that these
resolutions shall take effect and be in force
from and after their adoption.
Carried by the following vote:
Yeas, Watzke, Stenger, Wellington,
Murphy. No, Wilson.