The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1913-05-02

heretefore duly Determined or ATTEMPTED T.
esnta q the voting the question
at any general special election held therein
to Issue tts bonds for the purpose Of refund
Of the governing body thereof determining to
bonds to the electors, and all subsequent pro
interest which such bonds should, bear. such
issue Of bonds lis hereby, Ia ali respects, vail
dated and No., declared to b the legal obligation
Sssn % % saas 1sse .nd TIN
s Of s oa
se %s,, sst sn. not .set IN,
such bonds os any q tho 1isnts Of tho par:
"A Approved Aprn .. 1918.
CHAPTER Ops. B. NO 4o4.
AN ACT to amend Chapter so2. Laws Of Min
erection thereof, authorizins appropriations
by cities and villages and validating bonds
issue Of certificates and applying the proceeds
Of rentals Of armories to tho maintenance
Be it enacted by tho Legislature Of The State
Section i L That sectian Of Chapter so2.
be and the same Is hereby amended by add.
ing thereto ak the end of said section, the
following: ':and allowance shall be made for
Sec: 2. That Section 2 Of Chapter so2, Gen
eral Laws OF Minnesota for the. year 1811 be
and the same IL hereby amended 30 a. to
Section q TO every Company and Battery
hereafter organized. which shall have first de-
posted with the state treasurer. at least the
to or caused to be conveyed to tho state OF
Minnesota, by good and sufficient deed OF
to sife for an s ar Wheh sto e .hsii
is. hereby appropriated the sum OF Fifteen
wtS the SAID deposit shall be used far the
purpose Of building, erecting and equippins an
armory building on said site: Provided. that
or more cities or villages may combine the ap-
preparations available for each under this act
and erect 5ont efScr a,eH 10 site
such city. or village, II the Board Of Armory
Supervisors shall deem it e1pedient; and pro
nate a. near equally possible from the
several military organizations Of tho Ma;
proficiency Of the organization asking for aid
and it's needs. and giving preference to Or
carnations not already provided with suit
:':Any city or village or two or more cities
or VILLAGES Jointly. in which an .armory has
been heretofore. 10 now may hereafter be
this oct, may acquire and convey to the State
and In aid Of
ton. repair or improvement thereof, and to
that end may issue bonds payable not more
than twenty years after their issue and bear
ing interest at rate not exceeding five per
cent. per annum. and may deposit such money
and funds and the proceeds Of the sale Of
/ lINh n119 until tho tot go $ho
credit of the proper construction fund, and
may make such further provision for the
as may be deemed necessary; provided, that,
whenever bonds have been heretofore issued
by any city or village for any of the foregoing
pu1poses and the validity of such bonds is
not now in question in the courts. the same
are hereby validated and hereby declared to
Legal tSs OF any city M
further that whenever the Board deems
it expedient. and in furtherance Of the pur-
armories already built or partly built. de-
Quoting. however, from the purchase price.
the appraised value of tho site.'
sand Dollars shall be available for the erec-
ton and equipment Of each Of tho armories
oa as Ten set as
the provisions Of Chapter so2. Laws Of
part her may be applied to the pa "
ment Of additional labor and material fur
| nished or to be furnished for the erection and
amount first appropriated or deposited under
| the provisions Of said chapter and to the re:
% e
Sec 4. That Section 8. Chapter 302, Laws
OF Minnesota. 1911, be and the same is hereby
'For the purpose Of providing funds to ia.
cilitate the purchase, construction and equip
OF Of tsa
1911, as amended, the Board Of Armory SUI
pervisors are hereby authorized and enpow-
cred to issue certificates Of indebtedness bear
ing interest. ia the discretion Of said board.
| at the rate Of four per cent. per annum OF
less, payable semi-annually. such certificates
authorized to be expended for all armor1es
| constructed or to be constructed under the
s of q sB s:ssss 9 ss u
Year. shall not exceed the annual apfpropria:
tihcate shall mature beyond the period Of ter
years 1rem date OF issue thereof; The said
ferrna and condt Ge ISSUE va upon inc
First.-Said certificates Of Indebtedness
shall be in such form as the said board and
be signed BY the President ana secretary e s o.
! said Board Of Armory Supervisors, and coun-
tersigned by the state auditor, who shall make
| and keep a proper register thereof, showing
the date Of each issue, its amount, the rate
Of interest the same bears, the date of ma
a b bnd on such
Second-said certificates of Indebtedness
shall plainly show upon their face the pur-
pose for which they are issued. the date
when they will mature. and contain proper
reference to this act, and they shall be made
payable at the Office Of the state treasurer.
Third.-The said certificates Of Indebtedness
shall be issued In sums OF not less than fifty
dollars $4,000 each and the proceeds thereof
shall be deposited in the state treasury to the
credit Of the Board Of Armory Supervisors
who shall assign the same to the several
funds for the construction Of armories fo1
Mton tod
provisions Of Chapter 3o2. GeDeral Laws OF
Minnesota, 1911, as amended, but no part OF
same shall be. paid therefrom- except upon
warrants issued by the state auditor upon
vouchers duly approved by said board, as pro-
vided by said Chapter 1880 = j
Fourth.-The said certificates Of indebted
ness shall only be issued from time to time
as the work Of actual construction progresses
and only in such sums as may be required
to- provide the necessary funds to pay fol
material and labor actually furnished, and
other necessary expenses authorized by this
act and after proper action by the said Board
duly taken. &.%@a* ,. z, 90 ~ Is:
Fifth:-The said certificates OF Indebtedness.
when duly prepared and executed In accord
ance with this act, shall be deposited with
the state treasurer and shall be delivered by
him to the purchaser or purchasers thereof
the par value thereof. And shall be. an as
Segment Of the proceeds Of a levy and the
collection OF a state tax for the building Of
armcrfes, to which purposes such proceeds
are hereby appropriated, and which. tax the
State Auditor. Is hereby required to levy and
neither thirty thousand dollars t$3o,O00). and
enough more to pay the Interest on such out
standing certificates OF Indebtedness nor the