Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1913-04-24

|ty of Marshall, or in such relation
TO said County Of Marshall as to af-
feet lands therein within the terms
of said legislative act, will be at
least the sum Of five thousand
({ss5. 100000 dollars, and
Whereas. there is not sufficient
money in the treasury Of said Mar
shall County to defray the expense
incurred and to be incurred in SO
locating, constructing and estab-
fishing SO much of said Judicial
Ditch as is located within this coun-
ty OF Marshall, or in such relation
thereto as to affect lands therein,
within the terms of said law.
Now, Therefore, Be It Resolved,
by this county board that it is nee
essary for such purpose to raise at
this time the sum Of five thousand
5.000OOJ dollars,
Resolved, Further, that the nego-
table coupon bonds OF said county
Of Marshall be issued for said pur-
pose in the aggregate amount of
five thousand (s5.OOo.oO) dollars.
That said bonds be five in number,
numbered from one a. to five ~
inclusive, each of the denOmina-
ton Of one thousand (Si ,OOO.OO) dol
lars, bear date the first al day Of
June, A. D., 1918, and be payable as
to principal at the office of the
Northwestern Trust Company in the
City Of st. Paul, State of Minneso-
ia, with interest at the rate of five
and one-half Is 1-2) per cent per
annum, payable semi-annually, on
the first days Of June and Deem
Der in each year.
That each of said bonds be pay
able in lawful money of the United
States of America.
That bond numbered be payable
as to principal on the first day Of
June 1924.
That bond numbered be payable
as to principal on the first. day Of
June 1924.
That bond numbered 8 be payable
as to principal on the first day Of
June 1924.
That bond numbered be payable
as to principal on the first day Of
June 1924.
That bond numbered 5 be payable
as to principal on the first day of
June 1924.
Resolved Further, that said bonds
and the coupons attached thereto be
substantially in the following form
with the necessary variations as to
numbers and maturities, which said
form is hereby approved.
State of Minnesota
County of Marshall.
No. 100000
Public Drainage Ditch Bond.
Know All Men by These Presents,
That Marshall County, in the State
OF Minnesota, acknowledges itself
indebted and for value received
promises to pay to bearer
ONE THOUSAND DOLLARS
lawful money of the United States
Of America, on the first day of June
1924, with interest from date until
paid at the rate of five and one-half
Is 1-2) per cent per annum, payable
semi-annually, on the first days of
June and December in each year.
both principal and interest payable
at the office of the Northwestern
Trust Company in st. Paul, Mime
sofa.
This bond is issued by said coun-
ty for the purpose of defraying and
is for an amount necessary to de-
fray in part the expense incurred
and to be incurred in locating, con-
structing and establishing so much
Of public drainage ditch known as
Judicial Ditch Numbered l8. as is
located in said county, or in such
relation to such county as to affect
lands therein within the terms of
Chapter $50, General Laws, Mime
nd fI,n n{o j 1
thereof and supplemental thereto,
and is issued by authority of and in
strict accordance with the provi-
sions of said law.
And it is hereby Certified and Re-
cited that the issuance of this bond
has been duly authorized by a reso-
luton Of the county board 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
required by the laws and constitll-
ton of the State of Minnesota. to be
done precedent to and in the issn-
ance of this bond have been pro-
Derly done, happened and been per-
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 es-
tablished for public utility and 10
promote the public health.
The full faith, credit and re-
sources of the county of Marshall
are hereby irrevocably pledged for
the punctual payment Of the prin-
clpal and interest of this bond at
maturity.
In Testimony Whereof the Coun-
ty Board of said County of Mar
shall has caused this bond to he
signed by its chairman and count
erslgned, sealed and recorded by@lts
County Auditor, this first day Of
June 1913