Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1913-05-09

showing the qualification and legality Of such
newspaper and that the publication Of such
Sec. 8. This act shall take effect and be in
force from and after its passage. 4
Approved April IS. 1913. z5
S$s $ CHAPTER 300--H. F. No. 1868.
AN ACT authorizing certain cities Of the first
class to issue bonds for the purposes Of en-
that. have been found Inadequate.
BE It enacted by the Legislature OF the state
M Section i. Any city OF the ,first class not
governed by q home rule charter is hereby
authorized to issue and sell Its bonds to an
the proceeds whereof Shall be used for defray
ing the cost of enlarging. supplementing and
repairing sewers: heretofore constructed In said
sec.s2. Said bonds shall be issued only in
pursuance Of 2 resolution adopted BY a majority
body Of said city, and the faith and credit of
the city shall be pledged to the payment there
other governing body shall include in the tax
levy Of each year an amount sufficient TO pay
the current interest on such !. bonds: and the
will be pledged to their redemption at matu-
4 Sec. &. Bonds issued under this act shall
run for q term not longer than thirty years
and bear Interest at rate not higher than
four per cent per annum, payable eemt-an.
interest and the denomination 81 said bonds
shall be fixed by the resolution authorizing
& all Of 20
tlficates, so-called. a. the purchasers may
prefer. E8s
Sec f. All bonds or certificates so issued
shall be signed by the mayor. attested by the
city clerk and countersigned by the city comp
troller Of said city, and be sealed with the city
attached thereto, If any, may be Autographed.
None Of such obligations shall be sold for less
b%t tSs
sponsible bidder therefor. s5%s
Sec This act shall a6t .gply T. any city
suant to Section 80. Article 4. Of the state
Approved April Is. 1918.
E@. CHAPTER 3O1-H. F. No. ee2.
AN ACT legalizing the foreclosure and can
collation. Of contracts for the purchase or
sale Of real estate and the records thereof,
where the mortgage tax. on such contracts
has not been paid. prior to the foreclosure OF
cancellation thereof. or subsequent thereto.
Be it. ENACTED acted by the Legislature Of the
Section !. That in al cases where = con
tract for the purchase or sale Of real estate
to be foreclosed or cancelled, and such fore
closure or cancellation is defective by reason
Been pad on sad
tract, such foreclosure or cancellation and all
proceedings in Connection herewith and the
are hereby legalized and made ~ valid and
effectual to all intents and purposes. and of
force and effect in all
closure, cancellation or otherwise, a. II such
mortgage registration tax had been paid prior
proceedings. Provided. the mortgage regis
tration tax on said contract be paid in full
within six months after the passage Of this
Sec. q Any person, persons. co-partnership
or corporation, as vendee, holding any con-
tract for the purchase or sale Of real estate,
which said contract has heretofore been fore
closed or cancelled or attempted to be fore
closed or cancelled and the mortgage regis
taton tax mot paid saa
have thirty days from and after the passage
Of this act to assert any rights they may
be forever barred from asserting Same.
Il Approved April Is. 1913.
CHAPTER 3o2-H. F. No. ees.
AN ACT to amend section 804e revised laws
Of 1905. as amended by chapter 1o4. Gener-
al laws of 1909, relating to local building
and loan associations. H. a
Be it enacted by the Legislature Of the State
Section 1. That Section 3o4s Revised Laws
Of 1905: as soa amended BY Chapter lc4 General
amended SO as to read an follows: Dc !,
Sec. 3049: Every such corporation herein:
Incorporation Or by-laws within six e. months
after the Revised Laws take effect, shall con.
fine its field of operation exclusively to the
those immediately contiguous thereto, and up.
on failure so to do shall, without any other
act or proceeding, forfeit all corporate rights
and franchises except to close its affairs.
Provided, that any association now incorpe
rated may enlarge its territory by making
to ths ct
sires to do business, and on receiving the
approval OF the Superintendent of Banks shall
be duly authorized to do business in I'll those ::
Approved April IL. 1918. x #
sss 4 CHAPTER s0s-H F. 1866 *
AN ACT to grant additional powers to citie.
OF the State Of Minnesota, having popula-
4 tion Of twenty thousand or less Inhabitants
and to empower such cities to issue their
h bonds for certain purposes therein men
Be it enacted by the Legislature Of tho State
Section i. That In addition to the rights
and powers heretofore granted by law to the
several cities OF, the State Of Minnesota, in
sping cities having hone rule charters
or affected by this act there il hereby granted
to all cities having a population Of twenty
sy seaaer t. s'' %n That the STATE
rule charters. the right and power to issue
First: Permanent Improvement fund bonds,
which may be issued to- defray the expenses
Of improving any street. avende. alley, park,
porate limits Of any city within this state,
or any part OF such expense, and which shall
include the construction Of sewers, sidewalks.
bridges, culverts, the paving Of streets and
alleys changing Of water courses and Al Inn
pr ever I q Perma n s nature
81 any city WITHIN tnis state Tor tie purpo ITO
Ct brIdgins any natural or artificial stream,
OF any city within or partly within the State