St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1907-05-10
cuAPTER 13o-H. r. NO. 1874.

49, ~ AOO"AAs @s A>os 49,
AN ACT entitled IAN act providing tor
the issuance Of Understanding certif-
Gates of Indebtedness to aid in the erec-
ton, construction ana nd furnishing n1d athngg c or
ty buildings, or either or any Of them.
in counties in this state having prop
erty Of tan an o assessed eaa v%alqatiGn Of { not Sdn less
Indebtedness Of not more than $7oO:oo0:
State of Minnesota:
commissioners Of n county in this state
having PROPERTY. therein of an assessed
valuation Of not less than $100,O00,00O.
and d ha aSia t 2 b9 nnd i 1n Ssreb% a;5fb q nof
and empowered to borrow moneys sur
ticient in their Judgment to complete.
erect and furnish a court house, Jail n
authorized. such sums of money not ex-
ceeding 100000 as may be sufficient, in
their judgment, in addition to other
Complete, erect and furnish such building
such purpose to issue Understanding
certificates Of Indebtedness Of said county
Sec. 2. Said certificates Of Indebtedness
shall be of such denominatipaa and in
such sums as the board Of county COM
interest at the rate Of not exceeding 5
a Rar da4t R FER p aan g 81 esy said ce sstai-
cafes OIL 1nQeDC0QueSS Sudll D6COHl6 que
and payable at such line or times as the
termine. except that they shall not be
Issued tsIs do for a period exeeeang ter years,
provide that a portion Of said certificates
shall fall due in each successive year
after the date of their ISSUE.
issued under this act shall be signed by
the chairman of the board Of county com
m%issioners and attested by the county
auditor. and sealed with his official seal,
the board Of county commissioners shall
by resolution determine. There shall be
attached to each certificate coupons evil
which interest coupons shall be attested
by the facsimile of the signature of the
chairman Of the board Of county COM
Sec. 4. The board of county commits
sioners shall annually after the date Of
the issuance of said certificates Of in
property of the county in addition to all
other taxes levied, sufficient to pay the
interest annually accruing upon the GER
suance of this act, and in advance of the
maturity of the principal Of any Of said
certificates shall in like manner levy a
tax upon the taxable property Of said
when due.
Sec. 5. Before any such county shall be
authorized to issue \ certificates of in
d~ebtedness as herein authorized, the
county auditor shall give notice by ad-
vertisement, published for at least one
issue in each of at least two consecutive
weeks in one daily newspaper published
in said county, that bids will be received
at his Office for the sale of such certii-
Gates at the time named in such adver-
tisement. The county auditor shall sell
such certificates to the highest bidder or
bidders. but in no case for less than par,
and preference to be given at all times
a portion of said issue or issues.
Sec. e. This act shall take effect and
Approved April 9, 1907.
CHAPTER 18Th. F. NO. so5.
AN ACT entitled. An act to provide for
an inspector of the books, papers, &C
counts, bills, vouchers and other docu-
ments or property Of townships, vii
lagos. cities and school districts in
counties of this state having at any
time a population of more than loo. 900
M an area Of more than 5000 square
20 81 onoofo5 ~, %hn a-i.y.A...