St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-07
SALE OF VILLAGE BONDS.
Notice of Receiving Bids for the Sale
Of Village Bonds of the Village of
Grand Rapids. Itasca County.
Minnesota.

In pursuance of a petition OF more than
twenty-five Of the freeholders, taxpayers
and legal voters of the village of Grand Rap
ids. Itasca county, Minnesota, addressed TO
the village council of said village and filed
with said village council on the 10th day of
February, 1884,. which petition stated that it
was the desire of said petitioners that said
village build and construct system Of water
works in said village, which wa er works
were generally described in said petition.
aud which petition also stated that 1t was
the desire of said petitioners that said village
issue it's bonds, as described i'll said petition.
for the purpose of building and constructing
said water works in said village. which bonds
are also described in this notice;
And in pursuance Of a resolution duly
passed and adopted by said village council
on the 9th day Of FebruarI. 1894, whereby
said village council determined to construct
said waterworEs and TO issue the bonds OF
said village for said purpose. as prayed in
said petition. which petition and resolution
are each now on file in the office Of the vii
lage recorder of said village:
Said propositions, to construct said water
works in said village, and to issue the bonds
of said village for said purpose, were sub
mitted to the electors of said village at the
next regular annual village election held in
ana for said village on the 18th day of March,
1894. at which election majority OF all the
votes cast by said electors were in favor of
said propositions to build said water works
and issue said bonds for said purpose as
herein described.
Aud thereafter on the second day of April,
1894. said village council, by resolution duly
passed and adopted. designated and fixed
the time said village council would receive
and consider bids for the sale OF said bonds.
and designated the Grand Rapids Magnet
and the Iron and Lumber Review" two
weekly newspapers printed and published in
said county of Itasca and the Saint Paul
DAILY GLOBE" q daily newspaper printed
and published at Saint Paul, Ramsey county,
Minnesota, as the newspapers IN which the
notice of the sale of said bonds, and the
time and place of receiving bids for the sale
of said bonds. should be published. and that
said notice be published III said newspapers
for three full consecutive weeks which time
and place are the same as herein stated IN
this notice.
Now therefore, in pursuance thereof,
NOTICE Is HEREBY GIVEN that the village
council of the village of Grand Rapids, Itas-
ca county, Minnesota, will receive and con-
slider bids for the sale of the bonds of said
village on the seventh (7th) day OF May, A Z:
d. 1894 at two ~ o'clock in the afternoon Of
said day, at the Office of the village recorder
in and for said village. in said village.
Said bonds to be in the sum and amount OF
twenty thousand dollars (S20.0000O, in de-
nominations of one thousand dollars each,
PAYABLE in twenty years from date thereof,
bearing interest at the rate of seven ~ per
cent per annum. interest payable semi-annu-
ally, both interest and principal payable in
gold at the MERCANTILE NATIONAL BANK,
New York CITY.
said village council reserving the right to
reject any and all bids
Dated this I'd day of April 1891.
GEO. F. MEYERS,
President of Said Village.
Attest:
VILLAGE Eecorder of Said VILLAGE