New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1905-05-24
means m for purifying the water furnished

Be it enacted by the Legislature of the
State of Minnesota. 20 & ~, :
section j. In addition to the rights and
powers heretofore conferred nv any gem
neral OF special law upon the several
cltleS OF this state, there is hereby grant
ed to any city organized or which may
hereafter be organized under or by virtue
Of any general or special law of this state
and which now or shall hereafter own a
sysIetn OF water works, power and au-
thorlty. to extend and improve it's system
Oh water. works. including the installing
OF nlterS or other means for purifying
Inc water furnished by sucn system, and
LOT tnat purpose to borrow money on it's
negotiable coupon bonds in the manner
ana SUBJECT to the conditions hereinafter
PROVIDED Prov to an amount not exceeding in
tls. aggregate outstanding at any one
tllne the sum of one hundred and fifty
thousand dollars G15O00O) in addition to
al other Indebtedness of such city. -
Sec. 2. Whenever the common council
OF any such city shall deem it advisable
10 issue the bonds of the city under the
provisions Of this act, it shall by res.
olutlon passed by a majority vote of all
me members thereof, provide for the sub
MISSION OF the proposition OF Issuing such
bonds to the qualified voters Of the city
at any general election or at any special
eIeCtlOn called by the common council in
said resolution for that purpose. Such
resolution shall distinctly state the
amounts and purposes for which such
ponds are proposed to be issued, the date
Or dates OF their maturity, the rate Of
interest they shall bear, and the time Of
osiuOn is to be submitted, and shall be
published in the official newspaper of the
city at least once each week for three
successive weeks prior to such election
or II there be no newspaper. published in
such city, then said resolution shall be
posted in five of the most public places
IN the city at least three weeks prior to
such election.
Sec. 8. All elections provided for in this
act shall be called and conducted in the
nlauner provided by law for the holding
nllnicln9l
SEC. A. The ballot to be voted at all
elections under this act shall read as fol-
lows:
IN favor of. the proposition of issuing
"2Ter works Improvement bonds to the
Igalnst the proposition of issuing wa
=; unt of s-N-n N7 ~ NV
me voters voting in favor of such prop
the words In favor of the proposition of
Issuing water works Improvement bonds
to the amount of $--' in the
space provided for that purpose, and those
a cross (D opposite the words Against
the proposition OF issuing water works
Improvement bonds to the amount OF
provided for that purpose. The Votes
cast at such election shall be counted re-
turned and canVassed in the same man
ner as at other municipal elections, and
the result certified to the city clerk or re-
corder by the canvassing board. If a ma
Jorlty OF the qualified voters voting on the
proposition at such election shall vote in
favor of the issue of the bonds, then
such city shall be deemed to be an
thorlzed to issue said bonds to the
amount proposed, and it's common council
may BY resolution passed by a majority
vote Of all members thereof, provide for
an direct the issuance of said bonds and
provide for the levy of a direct annual
tax. on all the taxable property of the
city, in addition to all other CITY taxes.
sufnclent to pay the interest Of said bonds
n a.
Tor the payment of the principal thereof
at maturity.
Sec. d All bonds issued under the nro-
visions of this act shall run for not more
than thirty 900 years from their date,
snail pear interest not to exceed five (5)
per cent per annum, principal and inter-
est payable at such time or times and at
such place as, the common council may
prescribe; shall have the seal of the city
RhNed thereto; shall be signed by the
mayor and attested by the city clerk or
treasurer or by the city controller If there
oe one, ana the interest coupons thereon
In;ttached shall bear the signatures, or the
mayor and of the city clerk, or Of the
city, controller if there be one All such
bonds shall be sold at not less than their
highest responsible bidder after notice
published once, in each week for three
successive weeks prior to the day fixed
for such sale in the official newspaper of
the city, and also at least once In some
daily. newspaper published and of general
circulation in the city of St. Paul not
for such sale; and # there be no 9S news eNgu
paper published in said city, then and in
that event such notice shall be posted in
nVe e Of the mos most public places. in said city
at leaSt three week prior to the date
fixed for such sale. Such notice of sale
shall specify the denominations Of said
ponds their aggregate amount, the pur-
pose for which issued, the interest they
SNAIL bear, and whether payable annually
or semi annually, the times and place of
payment Li1,S of interest and. principal and the
tilile ana place Tor receiving and opening
the bids for said bonds. None of the pros
ceedS OF any of the bonds issued and sold
pursuant II1[iI to- the provisions of this act
shail be used for any purpose other than
mat Tor which they were directed and
voted to be issued, and any member of
the common council or any officer of said
city. VINO shall vote for or in any, manner
participate in the appropriation of any of
6uch proceeds for any other purpose Shall
pc deemed guilty of Il misdemeanor and
provided. T--o
Sec; 6. This act shall be deemed and
CONSIDERED to confer powers in addition
powers now existing by virtue of any
general or special law of this state. And
none OF the bonds of any such city, issued
pursuant to the terms and provisions of
this act, shall be deemed or taken to be
a part of the Indebtedness of such citv
within the purview Of any law limiting
VI lll6 1uueDlGuneSS OF anV
city and the bonds provided for in this
act may be issued without regard to the
ec $50 OF any such city. u,
be In force from and after it's passage .
Approved March ?, 1905.
CHAPTER 2O-S. f. NO. 40.
AN All authorizing cities of this state
haFlng population of ten thousand in
haDltants or less, to issue and sell their
negotiable coupon bonds, to take IN
Lnelr past due indebtedness and to pre-
vent the subsequent creation Of a float
ing indebtedness in such cities
be 1t enacted by the LEGISLATURE of the
State of Minnesota:
Section l. In addition to the rights and
powers granted by law to the several
cItieS OF the State Of Minnesota which
rights and powers shall not be abridged
by TINS act, there is hereby granted to all
cues organized or existing under and by
virtue OF any general or special law Of
minnesota and having a population of
ten thousand inhabitants or less. accord
ing to the last officially promulgated
state or United States census, the hover
and authority to issue and sell as here
matter provided, the negotiable common
D9nuS OF any such city for the purpose
OF taking up and funding it's floating in
debtedneSs, the provisions of the laws of
sald state whether general or special
governing any such city to the contrary
and Notwithstanding the
AMOUNT or the Indebtedness of such city,
Hne term floating Indebtedness as
used in this act shall be construed to in
Guide all debts and liabilities of any such
city OF every kind, including bonds dua
In not more than one year from their
date and which debts, liabilities and