Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1911-08-16

son, Erickson, Sperry, Dahlheim and
Norman, Z; Noes, none.
RESOLUTION.
Resolution providing for the issu-
ance and sale of Forty Thousand
Dollars ($40,00O) sewer bonds of the
City Of Willmar, Minnesota, and pre-
scribing the form thereof. ~
RESOLUTION.
Resolution Providing for the Issuance
and Sale of Forty Thousand Dol
lars ($40,000 Sewer Bonds Of the
City of WiIlmar, Minnesota, and
Prescribing the Form Thereof.
| WHEREAS, the Council of the City
of Willmar, Minnesota did, by Ordin-
ance No. liz duly adopted on June
|26, 1911, resolve to issue bonds of
said City of Willmar, in the sum of
Forty Thousand Dollars ($4O,0O0),
for the purpose Of constructing main
sewers, filtrating plants, pumping
stations and other appurtenances
pertaining to the sewer system Of the
said City; and z
WHEREAS, the Council did, by
Resolution adopted June 26, 1911, d.
rect that the proposition of issuing
bonds as provided by Ordinance No.
III, and the approval Of said Ordin-
ance be submitted to the voters for
their approval or rejection at Spec
ial Election to be held July Is, 1911 !;
and
WHEREAS, it appears to the
Council that upon the 25th day of
July, 1911, the election as provided
for in the Resolution adopted June
26, 1911, was duly held in accord
ance with law, after notice of same
had been given as required by law;
and
WHEREAS, it appears from the
canvass Of the votes cast at said
election that the proposition to issue
bonds as provided in Ordinance No.
III was approved by a majority of
the legal voters voting at such cleo
ton, and the issuance of said bonds
was thereby authorized by the legal
voters Of said City;
NOW THEREFORE,, BE IT RE-
SOLVED by the Counci Of the City
Of Willmar, that the City of Willmar
issue it's bonds in the sum of Forty
Thousand Dollars ($40,OOO), for the
purpose of constructing main sewers,
filtrating plants, pumping stations
and other appurtenalces pertaining
to the sewer system df the. said City,
said bonds to be issu ed in denomina-
tion Of One Thousand Dollars
($l,O00) each and Be numbered One
I'D to Forty (4Ol inclusive; that
said bonds be dated August l, 1911,
and become due and payable August
l, 1881, and bear interest at the rate
Of Four and One hhlf Per Cent (41a)
per annum, payable semi annually
on the first day Of February and Au-
gust Of each yetr as evidenced by
interest coupon thereto attached,
principal and interest payable at
The Security n NATIONAL Bank, in the
City Of Minneap polls, State Of Mime
sofa, and that the said Sewer Bonds
and the coupons thereto attached, be
!; in substantially the following form,
with the blanks properly filed out,
towit:
Form Of Bond)
UNITED ST ATES OF AMERICA
State Of Minnesota
County Of Kandiyohi
/ CITY OF WILLMAR SEWER BOND
Mo- 100000
KNOW ALL MEN BY THESE
PRESENTS, that the City Of Will
mar, in the County Of Kandiyohi:,
State Of Minnesota, acknowledges it
self to owe and for value received,
hereby promises to pay to the bearer
ONE THOUSAND DOLLARS
I($1,OOO) lawful money Of the United
/ States of America, on the first day
Of August, A. D. 1881, without OPP
ltion of pripr payment, with interest
thereon from date hereof until paid,
lat the rate Of Four and One half Per
Cent (41121 per annum, payable semi
annually th the first days Of + February
I and August Of each year on nresen-
Continued On napa 81