The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1904-06-22

each bond; the principal and interest Of
said bonds to be payable at the First
National Bank Of Minneapolis, in the
city OF Minneapolis and State Of Mime
sofa, and such bonds shall be designated
"city Of Minot Refunding Bonds Of 1904.
AND BE IT FURTHER RESOLVED, Tha,
the proper officers of this city, to-wit
The Mayor and city Auditor be and
they are hereby authorized and directed
to execute such bonds with full recitals
under the seal of the city OF Minot in
substantially the following form:
UNITED STATES or AMERICA.
STATE OF NORTH DAKOTA.
No.. 100000
city Of Minot Refunding Bond Of 1904.
KNOW ALL MEN BY THESE PRESENT,
That the city OF Minot, in the county OF
Ward, State of North Dakota, a body
corporate and polite with capacity under
existing laws to sue and be sued and to
execute this bond hereby acknowledges
itself to owe and for the full face value
Of this bond received, promises to pay
c. c. Gowran e. CO., or bearer, the sum OF
One Thousand Dollars, which sum the
said city of Minot hereby promises to
pay to the said c. c. Gowran & CO., or
bearer, at the First National Bank of
Minnesota on the 18th day of June A.
D. 1924, together with interests on said
sum from the date hereof until fully
paid at the rate of five ~ per centum
per annum, payable semi ANNUALLY on the
18th day of June and December in each
year upon presentation and surrender
of the interest coupons hereto attached,
numbered from one to forty inclusive as
they severally become due.
This bond is issued by the city Of
Minot for the sole purpose OF retunding
and paying like amount Of its legal and
valid outstanding Indebtedness, repre-
sented by the Waterworks bonds OF said
city which are now due and payable, and
in accordance with resolutions duly
adopted by the city council of said city,
and pursuant to and in full compliance
with the constitution and Laws of the
State of North Dakota and especially
with reference to the provisions of Sec
tons 2476 to 2482, both inclusive of the
Revised codes of the State of North
Dakota of 1895 and 1899 and all acts
amendatory thereto.
And it is hereby certified and declared
that all acts, conditions and things re-
QulIcu W cAlSC dAu AopPCA w VIC uOAC
and performed precedent to and in the
issuance of this bond, have duly existed
and happened and been done and per
formed in regular and due form and
manner as required by law; and that
the amount of Indebtedness represented
by this bond, together with all other in,
debtedness Of the said City of Minot at
the time of the issuance of this bond
does not exceed any constitutional OF
statutors limitation and that in accord
ance with Section 1874 of the Constitution
of the State of North Dakota, provision
has been made for the collection of ar
annual tax sufficient to pay the princi
pal and interest hereof when due.
For the faithful performance of all the
conditions of this bond the faith, credit
and property of the said city of Mino
are hereby irrevocably pledged.
In Witness Whereof, The said City O
Minot has caused this bond to be signed
by its Mayor and to be attested by it,
Auditor and has caused the corporate
seal of said city to be hereunto affixec
this 18th day of June A. D. 1904.
Attest.