Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1910-07-07

and interest Of said bonds as they sew
1 orally mature and in case Of failure IN
the collection of the tax provided for
the payment Of said bonds the County
Treasurer is hereby authorized and di-
rected to pay said bonds and interest
coupons as and when they fan due.
from the general fund of said county.
Whereas, there has been located and
established wholly within the County of
Marshall, drainage ditch known as
County Ditch No Is. the lands which
are assessed for benefits, by reason Of
the construction thereof, being located
in said county, and the expenses in
CURED in locating, constructing and es-
tablishing said ditch, amounts to the
sum of Eleven Thousand Eight Hun
dred and Sixty-two Dollars; now, there
fore, y = - 'T7.. TsT& -.
Be it resolved, by the Board of Coun-
ty Commissioners of the County of
Marshall, State of Minnesota, IN meet
ing duly assembled, that there shall be,
and there is hereby ordered issued, the
negotiable coupon bonds of the said
County of Marshall, in the aggregate
amount of Ten Thousand Dollars, such
amount: being necessary to defray the
expenses incurred in locating, construct
ing and establishing said County Ditch
| No. 49, located and established within
said county.
It is further ordered, that said bonds
shall consist of ten bonds of the demon
ination of One Thousand Dollars each,
numbered from One ~ to Ten 1O) in
elusive, bearing date the Second day of
May, A. D. 1910, and maturing as fol-
lows:
Bond No. 1, for 81 900, due and paya-
BILE July 1, 1911.
Bond No. 2, for 81, 900, due and paya-
bic July /, 1919.
Bond No. 3, for 81 900, due and paya-
bic July l, 1913.
Bond No. 4, for 81, 900, due and paya-
bic July 1, 1914.
Bond No. 5, for 81, 900, due and paya-
BILE July 1, 1915.
Bond No. 6, for 81 200, due and paya-
bic July 1, 1916.
Bond No. I, for 81 900, due and paya-
bic July 1, 1917.
Bond No. 5, for 81, 900, due and paya-
BILE July 1, 1918.
Bond No. 8, for 81, 900, due and paya-
bic July /, 1919.
Bond No. 10, for 81, 900, due and pay
able July /, 1920; and said bonds shall
bear interest at the rate Of five per cent
um per annum, payable on the First
day Of January, A. D. 1911, and semi
annually thereafter on the First days of
January and July in each year, which
interest shall be evidenced by proper
interest coupons to be attached to each
of said bonds and both principal and
interest of said bonds are hereby made
payable at the American Trust and
Savings Bank, in the City of Chicago,
and State Of Illinois.
It is further ordered that said bonds
shall lie signed by the Chairman Of the
County Board, and by the County Au-
ditor, and said coupons shall be sigued
by said officials, or by their fac smile
Autographed signatures, and when ex.
ecuted said bonds shall be delivered to
the County Treasurer of said County,
to be by him delivered to the purchas-
ers thereof, at not less than their par
value, and the proceeds of said bonds
shall be placed in the General Ditch
Fund, and used only for the purpose
aforesaid.
It is further ordered, that said bonds
and coupons shall be substantially in
the following forms:
Form of Bon0
UNITED STATES OF AMERICA
STATE OF MINNESOTA,
COUNTY OF MARSHALL.
COUNTY DITCH BOND.
No.. $1,000.
Know All Men By These Presents,
That the County Of Marshall, in the
State Of Minnesota, acknowledges itself
to owe, and for value received hereby
promises to pay to bearer, the sum of