Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1910-07-13
BOND RESOLUTIONS,

Commissioner N. 3. Johnson, offered
the following preamble and resolutions,
and moved their adoption:
WHEREAS, In pursuance of and in
full compliance with the General Laws
of the State Of Minnesota applicable
thereto, such steps have been duly and
legally taken that those certain public
drainage bitches, known as judicial
Ditch No. 3 and County bitches Nos
IS, q and % respectively have been duly
County of Kandiyohi, in the State of
Minnesota, or in such relation thereto
as to affect lands within this county,
in accordance with the provisions of law
applicable thereto, and it has been
definitely ascertained and determined, in
accordance with the provisions of the
law, that the expense incurred and to
be incurred in locating, establishing and
constructing said bitches respectively
within said County Of kandiyohi, or in
therein, exceeds the following sums
and amounts in each case, to-wit:
In the case of judicial Ditch No. 2
the amount of $4,000; in the case of
County Ditch No. IS. the amount of
=. the amount of $24,1Oo, and in the
case of County Bitch No. 49, the amount
of $7100. and this County Board has
heretofore duly determined to issue the
bonds of this county of kandiyohi, for
said for each Of said bitches in said
amounts respectively;
NOW THEREFORE,, BE 1T RESOLV-
ED, by the County Board of the Coun-
ty of kandiyohi that the sum of $780,
2OO is necessary to defray the expenses
incurred and to be incurred in locating,
constructing and establishing said pub
lie drainage bitches within this county
or in such relation thereto as to affect
lands therein, under the provisions of
1.,1, III
RESOLVED FURTHER, That the
negotiable coupon bonds of this County
of Kandiyohi be issued for said pur-
poses in the aggregate amount Of
lars ($4G,2OO), said bonds to be forty
nine (49 in number, numbered from
to 40 both inclusive. Forty-five thereof
to be of the denomination of One
Thousand Dollars ($1,00O) EACH one of
the denomination of Nine Hundred Dol
of One Hundred Dollars ($lOW each, all
of said bonds to bear date the first day
of July, 1910, and to be due and payable
at the office of The Security Trust Com
with interest at the rate of four and
one half (1a) per cent per annum pay
able semi-annually on the first day Of
January and July in each year.
Said Bonds Nos to IS inclusive ag,
gregating s24.100 to be issued for said
County Ditch No. q and due and pay
able July /, 1919; all other bonds to be
due and payable July list, 1920.
Said Bonds Nos. 2G to 80 inclusive, ag-
gregating $4,10O, to be issued for County
Ditch No. IS.
Bonds Nos 81 to SO inclusive, aggre-
eating $7,1OO. to be issued for said County
Ditch No. 20; and
Bonds Nos. 80 to 40 inclusive aggregat-
ing $1,000, to be isseed for said Judicial
Ditch No. 2.
That Bonds Nos. IS, 30 and IS shall be
of the denomination of 500 each; Bond
No. 40 for $780, and all the others of the
denomination of $1,000 each.
RESOLVED FURTHER, That said
bonds and coupons attached thereto
shall be substantially in the following
form, with the necessary variations as
to number, denomination, maturity and
recital as to the law applicable in the
particular character of ditch to which
the same relates, which said form is
hereby approved.