The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1895-07-25
OFFICE OF THE VILLAGE RECORDER.
Princeton, MIMI, July %. 1895.

Princeton, Mimi, July ~. 1895.
The village council met at the Office of the vii
lage recorder, all members present, thereupon the
following resolution was unanimously adopted
by the common council of the village of Prince
ton, Minnesota;
Whereas, Objection has been made to the pro-
posed village bonds, heretofore authorized to be
issued at special village election, held on the
Sth day of April, A. D. 1895,
1t is hereby resolved:
/. That all proceedings heretofore taken in re-
gard to the issuance of said bonds be, and they
are hereby rescinded.
2. That said village council do hereby deter
mine to raise the sum of nineteen thousand
$4,000 dollars for the purpose of making the
following public improvements within said viii
age, under and pursuant to chapters 1856 and 200
of the general laws of the State of Minnesota for
the year A. D. 1888, to-wit: To erect, establish
| and control system of waterw orks, and all nee
| essary incidents and connections thereto, and
also to build, establish and control all necessary
buildings, machinery, apparatus and material
for making, generating and supplying of electric
| and all necessary incidents and connections
| thereto.
! 3. That said village of Princeton raise said
money by the issuance and negotiation of its
bonds to the amount of nineteen thousand $4,000
dollars in denominations of $500 each, dated On
| the list day of September, A. D. 1895, payable
twenty years after date, with interest at the rate
of 6 per cent per annum, payable annually, which
interest shall be evidenced by interest coupons
thereto attached, the principal and interest of
said bonds being payable at the Merchants Ma
| tional Bank Of the cit y of New York.
! 4. That special village election be held as re-
quired by law to determine by ballot whether or
not said village shall construct said waterworks
and said electric light plant, and raise the money
| for the purpose of constructing the same by the
issuance of nineteen thousand $4,000 dollars of
bonds, as above provided, which village shall be
held on Monday, the 9Th day of August, A. D
1895, between the hours of one and four O'Clock
P. NJ, at the village hall in the village of Prince
ton, and shall be conducted and the votes cast
thereat shall be canvassed and counted, and the
result thereof proclaimed and certified in like
manner as in the case of election of village Of
fcers.
5. That there shall be printed upon the ballots
to be used at said election the following PROPOSE
ton; Shall the village of Princeton raise The
amount Of nineteen thousand $4,000 dollars by
the issuance of it's bonds, payable in twenty year.
after date, dated on the 1st dry of September, A
A. 1895. in denominations Of $500 each with in
terest at the rate of six per cent per annum paya
, BILE annually, both interest and principal payab,
at the Merchants National Bank Of the city O.
New York, for the purpose O
> erecting, establishing and controlling
a system of waterworks for the sup
ply of water for public and private use, and ais
for the building, establishing and controlling al
electric light plant for public and private use il
j., said village.'' -..t#.s ...- .<. If
6. That the call for said special election b
published in the Princeton Union and also in tn
" Milaca Times, being the official papers of sal
8 village. -.-s..-
H. C. CooNEY,
P ~ President of the Village Council.
, Attest:
n J.W. HARTMAN Village Recorder.
g LsEAL.]