The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1906-01-12
PROCEEDINGS
Of the Board of Count Com
missloners


Auditors Office.
Worthington, Mimi,
The Board Of County Commission
ers convened in annual session this
date. Members present Murphy,
Tiemens, Bryan, McCoDkey and Swan.
burg.
The Board organized by electing j.
G.. Murphy as chairman, and j. l..
McConkey vice-chairman for the en-
suing year.
The minutes OF the meeting Of the
board of Nov. 6, 1905, read and ap-
APPROVED. Report OF meeting OF the
board Of audit December 10, 1906 read
and placed on file.
The following resolution was adopt
ted.
RESOLUTIONS
Whereas, under and in pursuance
of and in full compliance with the pro.
visions of Chapter 25S OF the
general laws of the state Of Minneso-
ia for the year 1901 and the acts
amendatory thereof and supplemental
thereto, the board of County Com
missioners OF Mobiles county, Minne-
sofa, has heretofore located, fully es-
tablished and ordered the construct
ion OF a certain public drainage ditch
within said county of Nobles, known
as Ditch No. and
Whereas, it has been definitely as
certained and determined, in the man
ner provided by said acts Of the legis-
lature, that the amount necessary to
defray the expense incurred and to be
incurred in locating. constructing and
establishing said public drainage ditch
No. 5, will be at least the sum OF So, 900,
aud that it Is necessary to issue and
sell the negotiable coupon bonds OF
said Mobiles county, in the sum OF
$4,000, to defray portion OF such ex-
pense:
Now, therefore, be it resolved, by
the board OF County Com. Of Mobiles
county, Minnesota, that the negotiable
coupon bonds of said county be and
the same are hereby authorized and
directed to be issued, to the aggre-
gate amount of $4,000, for the purpose
Of providing a portion of the funds
necessary to defray the expense in:
Cured and to be incurred by said
county in locating, constructing and
establishing the said public ditch;
that said bonds shall be 81 yht in mum.
Der, numbered from l to 8, both in
elusive, each of the denomination Of
81 900, to bear date the first day OF
January, 1906, and to be payable, one
thereof on the first day Of January,
1908, and one bond payable each Jan
uary lst thereafter, to and including
January 1st, 1915, with interest at the
rate of four and one-haf per cent (43%6)
per annum, payable semi. annually, to
be evidenced by proper interest cou-
pons to be attached to each bond;
both principal and interest payable at
the banking house Of the National
Bank of Commerce of Minneapolis, at
Minneapolis, Minnesota;
Be it further resolved, that each OF
said bonds shall be in substantially
the following form, to-wit:
UNITED STATES OF AMERICA,
STATE OF MINNESOTA,
COUNTY or MOBILES.
DRAINAGE DITCH BOND
KNOW ALL MEN BY THESE
PRESENTS. That the county Of
Mobiles, in the state OF Minnesota, &C.
knowledges itself to owe and for value
received hereby promises to pay to
bearer the sum Of
ONE THOUSAND DOLLARS
on January. ........: 49,, together
with interest theron from date until
paid, at the rate Of four and one-half
per cent $40 per annum, payable
semi-annually on January 1st, and
July LIST, in each year, upon presenta-
ton and surrender of the interest
coupons hereto attached as they re-
spectively mature. Both principal and
and interest payable in lawful money
of the United States of America, at the
National Bank of Commerce of Minne-
apolis, at Minneapolis, MINI.
This bond is issued by said county,
for the purpose Of defraying portion
of the expense incurred and to be In
Cured by said county, in locating,
constructing and establishing a Ger:
tain public drainage ditch within said
county, and is issued by authority of
and in strict accordance with the pro-
visions of Chapter 25S Of the general
laws OF the state Of Minnesota, for the
year 1901 and the acts amendatOry
thereof and supplemental thereto, and
especially Chapter 3l5 Of the general
laws of 1903.
It is hereby certified and recited
that all acts, conditions and things re-
quired by the laws and constitution Of
the state Of Minnesota, to be done
precedent to and in the issuance Of
this bond, have been properly done,
have happened and been performed in
regular and due form and time as re-.
Quired by law; that the ditch on &C
count Of which this bond is issued is a
public ditch duly established for the
promotion OF tho health, convenience
and general welfare of the public, and
that the total indebtedness Of said
county including this bond does not