Little Falls herald., 1907-05-31
COUNTY BOARD

COUNTY BOARD
The board met May 27th with all
members present.
The first business tn come before the
board was the mater passlrg q
certain resolution resembling u certain
resolution which was passed at a
special session of the board on the
first Of May, relative to making an
application to the state for a loan of
$45, 600. 10, and the following resolu-
ton was adopted:
BE it Resolved. by the Board of
County Commissioners OF Morrison
County, Minnesota, That the 1esolu-
tion adopted by said Board on May
1at, 1907. authorizing the Treasurer of
sald County to apply to the Minnesota
State Board OF Investment for loan
of &46, 0OO. 90 under the provisions of
Chapter 10. Revised Laws los Sec
tions 1888 700. be and the same Is here
by rescinded.
Peter V,rniR. Chairman Of Board.
(Seal.) William A. Butler.
County Auditor and
Clerk ExO@cio.
The following resolution was then
adopted by unanimous vote of the
board.
'"The County Board of the County
of Morrison, State of Minnesota being
in session duly assembled, a quorom m
there of being present and acting,
Andrew johnson q member thereof
offered the folio wing resolution and
moved its adoption:
Whereas the County of Morrison in
the State of Minnesota is indebted to
divers persons in the sum of over
$50. 000 90, II q the same constitutes
the floating indebtness of said county
and said county has no funds In its
treasury to pay for the same and the
same are drawing interest at a rate in
excess OF per cent per annum and the
same is due and payable and
constitutes valid outstanding and
unpaid obligation of said county that
$46, 600. 90 thereof be funded and
refunded and to that end that tho
bonds of said county in the sum of
$45, QUO. 90 be issued therefor, and the
proceeds arising therefrom to be used
for the retiring of warrants of said
county now outstanding to an equal
amount.
Now Therefore Be 1t Resolved by
the County Board Of the County OF
Morrison. State of Minnesota, That it
is expedient for said County to issue
and negotiate under and by virtue of
the statute in such case made and
provided, and particularly under tho
provisions Of Chapter l22 Of tho laws
OF Minnesota for the year 1907, and
the provisions Of Chapter 10, Revised
Laws 1905, the bonds of said county
in the sum of $45, 900. 90 to be dated
on the day same are issued bear inter-
est at the rate Of per cent per annum
and that the same are hereby
auth orized ordered issued, and issued
payable as follows:
One bond for the sum of $45, 900 90
payable July 1st 1907 and that the
proceeds arising from the sale of said
bonds be used for the purpose of
refunding the outstanding warrants of
said county to that amount, and not
otherwise:
That the said county Of Morrison
make application to the State of
Minnesota for loan in the sum of
$40, 900. 90 upon its bonds hereby
authorized, and that the Chairman of
said Board and the Auditor Of said
county be and they are hereby
Authorized and directed to sign,
oAoouIo 0uu uclAVoI 10 Cu0 SC6L0 OI
Minnesota the bonds hereby aatho-
rized, ordered issued. and that the
Treasurer of eaid county be and he is
further authorized and directed to
apply for the same, and that said
treasurer together with other officers
of said county, be directed to make,
execute and deliver all necessary
papers in connection with the issuance
of the foregoing bonds and the
application to the said State to pur-
chase the same: which motion being
duly seconded by Commissi oner F. 81.
Lakin, a member thereof, was put to
q vote, an members present voting
aye, and thus it was carried and so
declared.
The petition for new school district
in Pulaski was granted hearing.
The applications of Thos. Peterson
and A. Fem for the Office of County
Superintendent of Highways for the
county were presented.
Bills allowed:
r. j. Batter, engineer............$ .$s9. 50
A. j. Fem OBSERVATION-DISCLOSURES. 1000
n