The Ely miner., 1909-04-30

Sec. 8. No bonds shall be issued by
any such, city, under this act, for tne
longer term than thirty years, or bear
ing higher rate of interest than four
per cent per annum, but the place OF
thereof and the denominations in which
the same shall be issued shall be such
as may be determined by the common
be in the form Of coupon. bonds or reg
istered certificates, so-called. all such
bonds shall be signed by the mayor, at
gned e fty aHd nS
be sealed with the seal of such city, ex-
cept that the signature to the coupons at
autographed f % h thereon aS; and ID none none @ Of such
bonds shall be sold for less than their
par value and accrued interest, and then
only to the highest responsible bidder
Sec. A. This act shall apply to cities
existing under charter framed pursuant
ton G Of 6 ed ane ali Of
Of acts inconsistent herewith are hereby
repealed.
Sec s. This act shall take effect and
be In force from and after its passage.
Approved April % 1909.
CHAPTER 371-H. F. NO. 1885.
AN ACT to. amend section 1914. R: 1.
and reports.
Be it enacted by the Legislature of the
Section i. That section 4a44. R. L.
1905. be and the same here- Is amended
Sec. 4344.. Interest. on verdict. etc
Of money. including a Judgment for the
recovery of taxes, interest from the time
OF the verdict or report, until Judgment
Is finally entered, shall be computed by
the clerk and added thereto.
Approved April 22. 1909.
CHAPTER 872-H. F. NO. 1104.
AN ACT authorizing cities now or here
$4,000 inhabitants. excepting cities op-
Grating under home rule charters
framed pursuant to section S6, article
of the constitution of Minnesota. to
and property therefor by the exercise
of eminent domain. and to operate the
same.
Be it enacted by the Legislature of the
Z State of Minnesota:
Section 1. Any city now or, hereafter
having a population greater than $1,000
under home rule charters framed pur-
suant to section 36, article A. of the con-
stitution of Minnesota, is hereby author
electricity, water, or either. any or all
thereof, for municipal purposes. as we'll
as for the use Of the inhabitants of the
the power of eminent domain. in pursu--
ance of chapter Al, Revised Laws of
1905, and the acts amendatory thereof and
ans an al
convenient for acquiring and establishing
such plants and for adding thereto from
time to time. including lands. manufac-
turing plants, pumping stations. power
stations, pipe lines. conduits. pole and
wire lines, reservoirs, filter and purihca-
ton plants, storage plants. Transforming
and converting plants, and any and all
property necessary or convenient. Wher-
ever situate. within or without the corpo--
rate limits, or of whatever character. and
whether devoted to public use or not.
Sec. e The proceedings nrovided by
said chapter Al shall be instituted and
conducted under the direction and con-
authorized by resolution or ordinance
passed by a vote of two-thirds. (2-0 of
all the members-elect of said city coun-
Gil.
Judgment shall be entered upon the re-
port or award of the commissioners or in
case of appeal upon the verdict. but only
afer the By tnte the city If se eY
of the city to move for such judgment:
Such motion may be made at any time
within four months Of the filing OF the
award of commissioners, or in case of ap-
peal at any time within four months after
verdict or such additional time as the
court may by order after notice allow for
The said judgment shall not be entered
nor shall any of the bonds herein provid-
ed for be issued until such bonds shall
sevenths (4-7) of all the legal voters
of said city registered and voting at
special election of such voters duly called
hereby empowered and directed to call
and hold such special election.
The judgment shall fix and determine
the the city city all the right. title and estate of
the parties to the action in and to all the
property taken. =,
The faith and credit of the city SHAH
T. ta ho
ment and interest, and the city may I'M
mediately enter upon and take the prop
erty, and the court may issue and en-
force execution or any other writ, proc
ess or order necessary to put the city
into complete possession and enjoyment
of the property.
shall be deemed a complete and effectual
taking and complete security for pay
ment.
Sec. 8. The city, through it's city coun-
ell. may, notwithstanding any limitations
contained in the charter of such city. or
in any law of this state prescribing or
fixing any limit upon the bonded indebt-
negotiable bonds of the city for the pay
ment of such Judgment, bearing interest
at rate not exceeding 5 per cent per
annum and maturing in thirty years after
date, and sell such bonds to the highest
bidder. after publication of notice once
each week for three successive weeks
Such bonds shall be issued in such de-
nominations as the city council may de-
termine, and shall mot be sold for less
than par, shall bear the seal Of the city.
and and Shall be executed by the mayor.
city clerk and city comptroller in the
name of the city.
The city comptroller shall keep an ac-
curate register Of the bonds.
The bonds may be either in the ordi-
nary coupon form, or may be issued as
registered bonds, transferable in the
The faith and credit of the city shall
be pledged for the payment OF the prin-
The city may discontinue the proceed
ings at any time before entry of judg-
ment.
the purposes aforesaid. and may issue and
sell bonds of the city in the manner and
on the terms prescribed in this section
and upon the same conditlons. 10 the par
value of one hundred thousand dollars
or less as working capital for the op-
Grafton of the plant.
Sec. 4. Any such city is hereby au-
thorized and required. in event Of the
and collect rates for service sufficient to
nav the interest upon such bonds, main
tain such plant in perfect condition and
to operate the same at high standard
of efficiency.
The substantial performance Of the re-
uuirements of this section Is hereby de-
clared to be part of the CONTRACT with
the holder Of any bonds Of the city that
NAV hereafter be issued hereunder, and
shall be kept inviolate.
Sec. s. This act shall take effect and
he in force from and after its passage.
Approved April %. 1909
CHAPTER 37S-H F. NO. 1852.
AN ACT to amend section OIL of chap
ter So, Special Laws of Minnesota for
1891. entitled, "An act to confirm and