Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1911-07-06

and to be incurred in locating, estab-
fishing and constructing SO much OF
Isaid judicial ditch as Is located within
this county Of Marshall, or In such re-
llatiOn to said county Of Marshall az
to effect lands therein within the
terms of said legislative act, will be at
least the sum of Three Hundred SIXTY
Thousand Dollars. and
Whereas there is not sufficient mon
ey in the treasury of said Marshall
County to defray the expense incurred
and to be incurred in SO locating. es-
ltablishing and constructing so much Of
said judicial ditch as is located within
this county of Marshall, or in such re-
lation thereto as to affect lands there
in within the terms of said laws.
Now, Therefore, Be it Resolved BY
this County Board that 1t is necessary
for such purpose to raise at this time
the sum of One Hundred Thousand
!, Dollars ($100,0O0.0O).
Resolved Further, that the nego-
table coupon bonds of said county of
Marshall be issued for said purpose in
the aggregate amount OF One Hundred
Thousand Dollars ($100,0O0.OO). That
said bonds be one hundred (10o) in
number. numbered from two hundred
one (2O1J to three hundred 5000 both
numbers inclusive, each Of the demo
mination Of one thousand dollars
($100O.00) bear date the LIST day OF
July 1911 and be due and payable as
to principal and interest at the Office
Of. Equitable Trust Company in the
city Of New York, with interest at the
rate Of five per cent per annum, pay.
able semtannually, on the LIST days Of
January and July in each year. That
each of said bonds be payable In law.
full money Of the United States Of Am
erica. That bonds numbered two
hundred one (2O1) to two hundred
twenty (22O) inclusive, be payable al
to principal on the LIST day OF july
1927, bonds numbered two hundred
twenty.one (221) to two hundred for
ty (240) inclusive. be payable as to
principal on the LIST day of July 1928.
bonds numbered two hundred forty.
one (241) to two hundred sixty (260)
inclusive, be payable as to principal
on the LIST day of July 1929 bonds num-
bered two hundred sixty-one (261) to
two hundred eighty $3.50 inclusive, be
due and payable as to principal on the
LIST day of July 1880, bonds numbered
two hundred eighty.one (281) to three
hundred (300) inclusive, be due and
payable as to principal on the list day
of July 1881.
Resolved Further, that said bonds
substantially in the following form.
numbers and maturities, which said
form is hereby approved:
No.. 100000
United States of America
State of Minnesota
County of Marshall.
Public Drainage Ditch Bond.
Know All Men By These Presents.
That Marshall County, in the State of
Minnesota, acknowledges itself indebt-
ed and for value received promises to
pay to bearer
One Thousand Dollars
lawful money of the United States of
America, on the $500. day of .....
49,. with interest from date until paid,
at the rate of five per cent per annum,
payable semi-annua1ly on the LIST days
of January and July in each year, both
principal and interest payable at the
Office of the Equitable Trust Company.
in New York City.
This bond is issued by said County
for the purpose of defraying and is
Tor the amount necessary to defray in
part the expense incurred and to be
incurred in locating, constructing and
establishing so much of public drain
age ditch known as Judicial Ditch No.
IL as is located in said county, or in
such relation to such county as to af.
feet lands therein within the terms of
Chapter 230, General Laws, Minneso-
ia 1905, and the acts amendatory
thereof and supplemental thereto, and
is issued by authority of and in strict
accordance with the provisions of said
law.
It is hereby certified and recited
that the issuance of this bond has
been duly authorized by a resolution
of the County Board of said County,
duly passed and recorded, and that
the total Indebtedness of said county,
including this bond, does not exceed
any constitutional or statutory limit.
It is further certified and recited
that all acts, conditions and things re.
CURED by the laws and constitution of
the state of Minnesota to be done pre-
cedent to and in the issuance of this
bond have been properly done, happen
ed and been performed, in regular and
due form and time as required by law,
and that the ditch on account of which
this bond is issued is a public drainage
ditch duly and legally established for
public utility and to primote the pub
lie health.
The full faith, credit and resources
of the county Of Marshall are hereby
irrevocabT pledged for the punctualt
payment Of the principal and interest
of this bond at maturity.
In Testimony whereof the County
Board of said County Of Marshall has
caused this bond to be signed by its
Chairman and countersigned, sealed
and recorded by its County Auditor