The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1913-08-22

instructed TO write to the sevsral heaxs II th
different departments Of the city 70 submit i
the clerk ~ soon as possible the amount deeme.
necessary to expend by each department dur
ing the year 1914. and which i 70 8 raise,
Carried. .2t$> i==s.
by taxation. r, =
Mayor Murphy stated to the council that h,
could not possibly attend the meeting of cit,
officials at Minneapolis on the 21st inst, ant
desired to have another appointment made.
Moved and supported that the mayor taxi
up with the proper parties the matter, of max
ing through connections on the part of tn.
Great Northern Railway Company with III.
Duluth. Aissabe Northern Railway Com
pany for purpose of transfer Of freight x
that the switching charge would be eliminated
Carried. -, III - -;sz
Moved and supported that the street com.
missioner be instructed to make necessary fill.
ings and grading around the Great Northern
Railway Company depot and have the cost
of the same charged to the railway company.
Carried.
Alderman McGhee desired to be informed rel.
alive to the matter of Risberg & Warwick con.
structing private drive-ways and the rate pei
square foot they were entitled to receive for
the same. The same was referred to the city
attorney. street committee and city engineer.
The communication of Harris 4 Pearson spec
al attorneys. in the light and water matter
relative to resolution authorizing the issu
~ ~
against the water and light fund. was read.
accepted and ordered filed.
Council Chamber. City of Virginia MIMI.
August 18th, 1918.
Resolution No. 786.
Resolution determining to issue $34, 900 90
Certificates of Indebtedness against the Water
and Light fund of said city, in anticipation
Of the collection of taxes. levied for the year
1912 for the benefit of said fund.- and provid-
the proceeds arising from the sale of said GER
tificates to be used in part payment of the
purchase price of the plant of the Virginia
electric Power & Water Company.
BY Alderman McGhee.
Resolved, by thecity council of the city
Virginia. That. Whereas. a contract exists
1t the present time whereby the Virginia Elec-
trio Power & Water Company has agreed to
sell its water and light plant to the said city
# Virginia: and.
Whereas. the said city of Virginia has l.ct
sufficient funds on hand to complete the lur-
:hase of said plant; and.
Whereas. the said contract of purchase ard
sale of said plant expires on October LIST, 1913.
md it is necessary for the said city to raise
additional funds to complete said purchase.
prior to said time: and,
Whereas, the said city of Virginia did levy,
n the year 1912. the sum of $lO0.OOO.00 for
the purpose of applying the same on the pur-
chase price of said water and light plant and.
Whereas. there still remains uncollected on
said levy the sum of $43,604.00:
Now. Therefore. Be It Resolved. that the
city council of the city of Virginia hereby
determines to issue certificates of indebted
ness. in the amount of $34.O00.O0. against
the uncollected portion of the tax levy for
the year 1912. levied for the benefit of the
water and light fund of said city: that SAID.
certificates shall bear date as of the actual
late VI ssle and delivery of said certificates.
and shall L%come due AMI payable on the 10Th
lay Of Doe mber, 1918.
Resolved. Further. that said certificates Of
indebtedness shall be in denominations Of
100000 each. shall draw interest at the rate
II six (6) per cent per annum. and shall be
substantially in the following form. with the
blanks properly filed in accordance with this
resolution:
STAT of MINNESOTA. CITY of VIRGINIA,
Certificate Of Indebtedness of the City
of Virginia. /
This is to certify that the sum of One Hun
bred Thousand (sloo. Ooo. OO) Dollars was duly
levied by the city of Virginia, Minnesota, fer
the water and light fund of said city for the
the collection of said tax levy to be used in
acquiring water and light plant for said
city that of said tax levy there still REM: ns
uncollected the sum Of $43. 604.OO. and that nc
prior certificates of Indebtedness, nor any 9TH
er obligation. have been issued against said tax
levy for said fund. and that this certificate of
indebtedness is issued in anticipation of the
collection of said tax.
The said City of Virginia hereby guaran-
tees to the holder of said certificate that it
will cause the said tax so levied to be collect
surrender of this certificate to the treasurer
Of the said City of Virginia. on the goth day
Of December. 1918. the sum of One Thousand
100000 Dollars. with interest. from the
date hereof to the time mentioned herein for
payment. at the rate of six (6) per cent per
annum.
This certificate is one of series of GER
tiRcates isued in pursuance of a resolution of
the city council of the said City of Virginn
PASSED August. ......I 1913. ana approved bS
the mayor of said city August. ......... 1913
In Witness Whereof, the City of Virginia
Minnesota. has caused this certificate II be
signed by it's mayor. attested by its city clerk
and its corporate seal to be affixed hereto
this .......... day of ..,.......... 1918.
NEUTRALITY-SUSPICIOUS..
Mayor.
............
City Clerk.
Resolved, Further, that the city clerk is
tice to be published in the official newspape,
IF the City of Virginia. at least twice. contain
ing a general description of said certificate.
Of indebtedness. and inviting sealed proposals
Tor the purchase of said certificates. which
proposals shall be filed with the city clerk. OF
September 9Th. 1913. at IL o'clock noon of sait
day. at his office in the city hall in the sale
city of Virginia. on which day the city council
will receive and examine such proposals. Sale
ootice shall state that the sale of said certif
Gates shall be at q sum of not less than pal