The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1913-05-02
Water and Light Bond
or the
City Of Virginia.
SION N

water and Light Bond ..J.ss=
| City Of Virginia. H.
Nnow An Men BY These Presents. Thai
the city of Virginia. IN the state OF Min
al, and hereby promises! to pay. to the
bearer the sum Of one thousand dollars,
in gold coin Of the United States Oh
Aae6f and Of es st tbs
Exchange National bank Of the city Of
| New York, on the first day Of March,
D. Of Ave St Der senf at the
able semi-annuany. in like gold coin on
the first days of March and September
In each year at said bank on the pre-
coupons hereto annexed as they severally
This bono is one of series of bonds
Of 100000. issued by virtue Of the au-
thority conferred by the charter of the
city Of Virginia and the laws Of the
And it is hereby certified and recited
quired to be done precedent to. and in
eT1y done and v per 9een Rf0R IN
regular and due time. form and manner,
as required by law. and the full faith
Se1 credit OF as t fy of vein
Of the principal and interest of this
IL, II Witness Whe sre the city Of Viz
pons attached hereto to be signed by it's
mayor, sealed with its seal, and attested
| by its clerk, the first day of March, A. b.
city G &axo!
the following, form. with the blanks
@ '::ss.SS'
to city sSe Of %ea yirs,sa N 1.;S will
the city of New York. on the first day az
fat:,o:t .S:n al 49, b. being six months
bond, dated March l. 1913, and number
| ed...........
Re Afsst Further That the City sytS ea;k
Is hereby authorized and directed to
cause notice to be published in the
official al newspaper Of the city Of Virginia;
sealed proposals for the purchase of said
bonds. which proposals shall be filed with
1878, at IL. O'Clock noon of said day. al
his office in the city hall in the city Of
Virginia. Minnesota, on which day the
such proposals. said notice "s Shall Sfa sta9e
that the sale of said bonds shall be at
a sum not less than the par value there
livery, and that the city Of V h1s ia re- re-
serves the right to reject any and all
said bids. Ali bids for such bonds shall
4s wtho st &c co nsafsS .n9 or
and ADDRESS Of the bidder on the outside
of the envelope: No bids for any of the
said bonds will be received. opened or
bidder. making the same, shall have de-
posted, separately from said bid as a
guarantee of good faith, with the city
are to be bS the on e9 the co day
Gil certified check or certificate of
deposit. of a National Bank payable to
the order Of the city Of Virg inia. with
FIVE. 90 pei, cent of the full face value
Of tn the bonds bonds proposed to be bid for.
the city attorney for his opinion as to
whether said check or certificate con-
form to the conditions con Of this resolu
check or certificate the city attorney
shall deem not to be in legal form, ac-
cording to the terms OF. this resolution,
shall have said check or certificate cor
rected to meet the requirements of the
city attorney. or deposit a new certificate
or check duly approved by the said city
day.
In all cases of bids received and not
accepted, the check or certificate received
der. In case SAID bonds are awarded to
any bidder and the said bidder refuses
to to a accept tlo and Pay for said bonds, or any
tee OF delivery. said delivery to be eei made
at the First National bank of Virginia,
the said amount of the certificate Of oe-
be retained by the city of Virginia as its
own as and for liquiuated damages for
the breach Of the contract on the part
OF the ",, said bidder: In case. any bidder
check shall take the said bonds, such
sum shall be credited to him on account
SAID ns boHas w5 5esreo do e,ec,ted
GINA shall be delivered by the CITY
treasurer to the purchaser thereof, and
shall be made to the treasurer of the
city Of Virginia whose receipt therefor
shall be full acauIttance Of the, said
be Obliged to see to the application of
the purchase money
The mony derived from the sale Of
said bonds shall be placed to the credit
Of Virginia in the treasury of the said
city, and shall be used by it for the
R9fRos snS only Of the electric
Electric Power & Water Company S" as
authorized by the vote of the people of
the the, city Of Virginia at the special cleo
! ''o'N LeSCAOCi lttIt, 1SlS.
1T is made an express condition, on all
bids received for said bonds, that ali
questions of irregularity or illegality af-
| tectlng the issuance of said bonds are
| waived by the bidder: the intention of
| the bid being to provide for the pay
ment Of the sum of money covered by
the bid absolutely. without any condi-
| ton or defense thereto. But the CITY
clerk Of said city will, upon the applica-
ton Of any prospective bidder furnish a
certified copy Of all the records and pro
ceedings upon which said issue of bonds
is based.
Moved by Alderman McGhee, SUPPORT
co by Alderman Mattson, that the above
resolution be adopted.
Ayes: Aldermen Heritage, Harvey.
Lundstrom, Keller. NOLAN, Madison, Nc
Ghee, Cofey. Mr.. President-9
Nays: None.
Adopted April 22nd, 1913.
Approved April 2sth, 1918.
COUNCIL CHAMBER.
Resolution No. 500.
City of Virginia. MIMI,
Resolution authorizing the mayor of
the city to obtain an extension Of time
until July LIST. 1919 within which the
said city may purchase the electric light
and water plant from the Virginia Eiec-
trio Power & Water company.
~ Alderman Lun0strom:
RESOLVED. by the city council of the
city of Virginia, Minnesota, that the
mayor of said city be, and he is hereby
authorized to obtain from the Virginia
| Electric Power e. Water comnanv ~