The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1903-05-02

ment by proceeding as in this act pro-:
Sec. 10. This act shall not be construed
as ! many manner superceding, repeal
Ing. amending OF qualifying the pr rotv,-
fore adopted by any city or village I'M
der existing laws. and shall not IN any
manner apply to any such city or VII
SEQ. II. This act shall take effect and
be in force from and after its passage.
Approved April 81. 1908.
CHAPTER sss-s. F. NO. $50.
AN ACT to amend section III. F. No.
32) of IAN act to authorize ana en-
power the city council or common GOWN GO III
Gil OF cities In this state OF over 30: OOo
inhabitants to issue and sell municipal
bonds and use the proceeds thereof tor
defraying the cost Of making certain
ad e feont Of properly exempt
proved March 9Th: 1908: 49,.
Be it enacted by the legislature OF the
Section 1. That section Of said act
be amended in the following particulars:
First By striking out TT the gad f1 Oh frans
In said section 1 Immediately following
the words and at such tines. ana "a m m
sert in lieu thereof the words MOI % * $,
H0GQ
Second. BY striking out the words "anq
to bear interest at a rate not TO exceed
three and one-hah ,(3h) per cent Per an =
s Rsa naas lat foio*iSs words "a
may be deemed best" and insert IN lieu
thereof the following words: and bear
interest at a rate net to exceed four az
Third. By striking out the, following
shall be issued under the provisions % Of
from the date Of its passage; where the
same appear at the end of said section l.
SEQ. 2. This act shall take effect and
be in force from and after us passase'
Approved April Il, 1908.
CHAPTER 3s4-H. r. NO. o14.
AN ACT to authorize and empower tne
In tl,is state of over SO, 900 inhabitants
to issue and sell municipal bonds TOR the
purpose Of purchasing or puliolng ,>,, q
public hall and auditorium LOT puo'le
Be it enacted by the legislature OF the
State of Minnesota:
Section /. The city council !. or common enm On
S Seqge Of h sSdh city IN
in addition to all the rights and lowers
heretofore granted thereto by laW' ~ ~
hereby authorized and emp EsG ,za loa
from tine to time, as needed, the nego-
table bonds Of their respective cities, to
an amount in the aggregats not 10 d SxGega
one hundred and hfty t N uSahden %
lions and payable at SUCH places ama aa a.
such times, not to exceed thirty years
from the date thereof. as may n9 aT ea4 ~
exceed four per cent per annum. payapie
semi-annualy, and to have interest ecu
pons attached payable at such page OF
said city council or common council as
the case may be, Is further authorized to
negotiate and sell such bonds from tlme
therefor. and upon the best terms that
can be- obtained for said bonds. PROVIDED,
that no such bonds shall be sold tor less
amount than the par value thereol an9
further, that said bonds shall not be is
sued until the issuance thereof Is author o',.
lied by resolution or ordinance, duly
passed by four.n ~: vo5e OF c ~ ne
council Of the city proposing to issue the
same And no bonds shall be issued under
the provisions Of this act after the e. ex p
Sec. 2. Nothing herein contained shall
authorize the issue at any time OF tne
that the Whole amount Of the principal OF
the bonds actually issued by such cly
and still outstanding, together with the
proposed issue LEGS the am amount t,c Of enG
fund Of such city for the payment of
bonds, shall exceed ten per cent of the
erty Of such city, as shown by the last
preceding assessment.
Sec. 3. All bonds issued under author"
ity of this act shall be sealed with the
| seal Of the city issuing them ana signed
by the mayor and attested by the clerk
or recorder, and coantersigned ~ the
city comptroller Or corresponding omcer
If such officer exists in such city. The
nroraeHa of any and all bonds issued and
seid enae o. Of tRis at shsli b
placed in the city treasury Of the city is-
suing the: same, and shall be used only
for the purpose Of purchasing a public
han and auditorium tor public meetings
of such city. either by the purchase OF
suitable grounds and buildings and the
alteration and repair Of such buildings OF
by the purchase of suitable grounds and
the erection Of suitable building thereon.
The proceeds of said bonds or any there
Of shall not be used tor any other pur-
poses than those hereinbefore speo1ned.
Sec 4. This act shall take ehect and
be in force from and after Its passage.
Approved April FL, 1908.
CHAPTER 885-H. F. NO. 1888:
AN ACT to amend section 1878, as
amended by paragraph two (2) OF sec
ton one a.. chapter fifteen 19, Gen"
eral Laws Of Minnesota for 1899, re-