The Ely miner., 1909-04-30

take effect in any such county, any par
and employed by him in meeting the ex
penses aforesaid, but he shall render
monthly accounts to the proper authori
said fund and Ireplenish the same .upor
the allowance and payment OF his claim:
for the said expenses from time to time
covering the remainder of the fees col
| lected by him in lieu of which his sale
| salary has so hereinbefore been fixed anC
allowed into the county treasury.
Sec. 6. This act shall take effect anc
| be in force from and after its passage
Approved April %. 1909.
| CHAPTER se2-H. F. NO. 500.
AN ACT relating to the securing Of pub
| lie moneys by state. county ana city
Be it enacted by the Legislature Of the
| State Of Minnesota:
Section /. Whenever any bank au-
thorized to transact a banking business
| in this state shall be designated as a de-
pository Of state, county or city moneys
as provided by law. 1t may. IN nep nd oi
provided by law to secure such deposit,
| furnish or deposit with the state, county
| or city treasurer, as the case may pc,
United States government bonds stase
bonds Of this or any other state. bonds
of any county. school district, city. town
or village of this state, and county drain,
age bonds of this state of the classes anq
kinds in which the permanent school
! fund of the state may be invested, In an
amount equal to the maximum amount OF
money at any time to be deposited with
Provided. that such securities must
| have a market value OF at least par and
shall be approved by the board OF de-
by the county board, If given to secure
county moneys. and by the common
council or city council If given to secure
by a proper assignment to the end that
such depository so depositing and as
signing such Securities shall and will
safely keep and pay over to the TIRE treas, 8,
exchange. all moneys deposited therein
at any time while such bonds or securi-
ties shall be so deposited, with interest
provided that in case Of default on the
part of such depository, the board Of de-
posit. county board, or common council
shall have full power and authority to
sell such securities, or so much thereof
as may be necessary to realize the full
amount of the funds so deposited in such
on, and to pay the balance or overplus,
Il any. to the depository entitled thereto.
Authority is given to the treasurer to
return said securities to the depository
so depositing them when the trust so
created is terminated, and to exchange
upon application, any other securities for
the securities so deposited, Of equal value
and of any of the classes herein per-
mitted to be deposited.
The interest On such bonds or securi-
ties so deposited and furnished shall.
when paid be turned over to the bank
so depositing the same, so long as 1t is
It is further provided that If the sure
ty on the bond of any depository of state,
county or city moneys is a surety COM
pany authorized to do business in this
state, said bond shall be in, penal sum
to the amount designated by the board
of deposit as the limit of deposits in said
bank
Sec 2. All acts or parts of acts incon-
sistent herewith are hereby repealed.
be in force from and after It's passage.
Approved April %, 1909.
CHAPTER 363-H. F. NO. 7O3
AN ACT authorizing the village council
or other governing body of villages in
counties now or hereafter having a
population of two hundred and seventy
five thousand to construct sewers ana
issue bonds for the payment of the
Be it enacted by the Legislature Of the
State of Minnesota:
Section /. Whenever the state board
of health shall deem necessary for the
preservation of public health; that sewers
be constructed in any village in any
county in the State of Minnesota now or
hundred and seventy-five thousand or
over. according to the then last preced-
ing official national or state census, and
ell. or other governing body. of such
village, such village council or other
governing body. may by ordinance passed
BY the sffirmative vote ] OF at least d dhreea ea
hereby authorized and empowered to-.
construct such sewers and appurtenances
thereto as the state board of health may
recommend: to assess the property. spe-
cially benefited thereby, and without any
further authority may issue and sell
bonds for the payment Of the samei pro
vided, that no contract for the conStruc-
ton of the same. or any part thereof
where the expenditure will be more than
one hundred dollars, shall be entered
into unless an advertisement shall be
published for bids on the same, to be
published at least once each week for
three successive weeks, and the village
council or other governing body, shall
have authority to prescribe such terms
and conditions relative to the making of
such bids for such contracts and relative
to the security which each bidder shall
be required to deposit with such bid,
as such council or other governing body.
shall deem expedient and proper. and
they shall have authority to reject any
and all bids
Sec. 2. The bonds of any such village,
issued pursuant to the terms Of this act,
may be issued and sold from time to
time as determined and authorized by
OIL dinance or resolution adopted by the
affirmative vote of at least three-fifths
of all the members of the village coun-
ell, or other governing body OF such vii
such installments as may be provided in
such resolution or ordinance, and shall
bear interest at not to exceed five per
cent per annurn, and no such bonds shall
be issued so as to make the aggregate of
such bonds for which such village may
be liable at any one time to exceed the
sum of fifteen mills for each dollar of
property in such village. Such bonds
shall be sealed with the seal of the VIII
lage issuing them, and be signed by the
president and the village recorder. and
such bonds shall not be sold for less
than par value and accrued interest, to
the highest responsible bidder after no.
t1ce published once each week for three
lished in the county in which the village
is situated.
Sec 8. None of the proceeds of any
of the bonds issued pursuant to the pro-
of, shall be used for any other purpose
than the purposes hereinbefore specified
which purpose shall be distinctly set
forth in the ordinance or resolution au-
Sec. 4. None of the bonds of any such
village. issued pursuant to the terms and
provisions of this act. shall be deemed
Of such village within the purview of
any law limiting the amount of the
bonded or other indebtedness of any such
act may be issued Notwithstanding and
without regard tc any limitation Of the
indebtedness of such village. Neverthe-
less. the full faith and credit of every
such village is pledged to the full pay
ment of ali such bonds and interest.
Sec 8. Such village council or other
governing body shall have the power and
cialIy benefited by the construction
or extending Of such sewer, for the
cost Of the same or any portion
thereof. including all damages and ex-
str1lction of such sewer and appurte-