The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1900-07-13
NOTICE OF VILLAGE BONDS FOR SALE
STATE OF MINNESOTA, County of Blue
- Earth, Village of Mapleton.
MapletOn Mimi lime 10Th 1910

STATE OF MINNESOTA, County of Blue
- Earth, Village of Mapleton
Mapleton, Mimi, June 10th, 1900,
Whereas, At the special village election, held
on the 18th day of April, A. d. 1870, majority
of the votes cast at said election were il favor
of the proposition to issue and negotiate bonds
of the said village Of Mapleton, Mime
sota, to the amount of six thousand
$4,000 dollars, for the purpose of
of enabling the village of Mapleton to make
construct and build hundred foot steel water
tower and two thousand (2,000) barrel tank,
and for the purpose of extending and improv-
ing the water system, the same being a public
improvement in said village of Mapleton, at
cost not to exceed six thousand (S6 O00) dollars
and for which purpose the said village might
issue and negotiate bonds therefor.
And, Whereas, The village council of the
village council of the village of MapletOn, Blue
Earth County, Minnesota, did on the 18th day
of June, at special council meeting duly call
ed for that purpose, by majority vote duly
passed an ordinance authorizing the president
of the village council and the recorder thereof
direct the said president and recorder to nego-
tate the village bonds of said village of Maple
ton in the sum of six tn ousaud $1,000 according
to law.
Now, Therefore, Notice is hereby given that
sealed bids will be received by the village
council of the city of Mapleton, Blue Earth
County, Minnesota. at the office of the village
recorder thereof, until the 10th day of July,
1900, at o'clock p. N. for per cent, one %
year. two 2) year, three (9 year, four a. year.
five (0 year, six 60 year and seven D.year bonds
to the amount of &c, 10000, in denominations of
two hundred and fifty (S250) dollars each, to be
dated July 10Th, 1900. Principal and interest
payable in lawful money of the United States
Interest payable annually. Said bonds and in
terest thereon to be payable at the office of the
village treasurer of said village of Mapleton,
at any place designated by the purchaser, the
same to be stated in the bid At the time and
place hereinbefore mentioned the village coun-
Gil will open and consider il bids for the sale of
such bonds, and the council reserves the right
to reject any and all bids offered for the sale of
said bonds Said bonds will be issued under
rnd pursuant to the authority of section one o.
chapter 200, of the laws of the state of Mime
sofa of 1898, same being section 1882, of the
general statutes of 1894, of the state of Mime
sofa and by virtue of the resolution, dated
April 9th, 1900, duly passed and recorded by the
village council, and the sanction of the said
proposition therein expressed by the ma jority
vote of said electors in said village at the
special village election held in the said village
| of Mapleton, on the 18th day of April A. D.,
1900, pursuant to notice duly given as required
| by law. Said bonds are issued for the pur-
pose of improving the present water system in
| said village. A certified check. payable to the
village of Mapleton for 500 must accompany
each bid, to be forfeited to the village in case
| the bidder fails to comply Herewith. All
checks to be returned to the unsuccessful bid
ders within five days after bids are opened.
] Bids must be sealed and marked .'bids for
| bonds" @. III. CREDICOTT,
President of Village Council.
G. J., LAURIsCH,
Village Recorder.