The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1916-06-07

pose Of defraying the expense incur
red in locating, constructing and es-
tablishing each of said State Rural
Highways, located within this County
of Redwood, in and to the amount N
each of said cases hereinbefore and
hereinafter recited, making the aggre-
gate amount of Ninety-fiv Thousand
Dollars 1895, O0O.O0), all Of said bonds
to bear date April 1, 1916, with inter-
est at the rate of Four and One-half
Per Cent (4A4e)- per annum payable
semi annually on the first day of April
and October of each year from date
until fully paid, both principal and in
terest payable at the banking house of
The Northwestern National Bank of
Minneapolis, in Minneapolis, Mime
sofa, said bonds to be ninety-fve (95)
in number, numbered from l to 95
both inclusive, each of the denomina-
ton of One Thousand Dollars ISL
OOOOO.)
That said bonds so to be issued
shall be for said State Rural High
ways as follows: For State Rural
Highway No. so, bonds numbered /
to II both inclusive; For State Rural
Highway No. IA bonds numbered II
to SO both inclusive; and for State
Rural Highway No. SO bonds number
ed 40 to 95 both inclusive
That said bonds shall mature and
be payable as follows: Bonds num-
bcred 1, 2 and 3, on April 1, 1922;
Bonds numbered 4 and on April 1,
1925 Bonds numbered and Z on
April 1, 1924; Bonds numbered and
9 on April 1, 1925; and bonds number
ed 10 and II on April 1, 1926; All for
said State Rural Highway No. so.
That the bonds for said State Rur-
al Highway No. IA shall mature as
follows: Five (5) thereof, number
ed II to 16 both inclusive, on April
1, 1922; Six CO. thereof, in the num-
erical order, on April 1st of each of
the years 1923, 1924 and 1925, being
bonds numbered II to "a both inclu-
sive and bonds numbered 35 to 80
both inclusive on April 1, 1926.
That the bonds for said State Rural
Highway No. SO shall mature as fol-
lows: Eleven (1D thereof, in their
numerical order, on April LIST of each
of the years 1922, 1923, 1924 and 1925,
being bonds numbered 40 to 80 both
inclusive. and twelve (12) bonds, be-
ing bonds numbered SO to 95 both in
elusive, on April 1, 1926.
RESOLVED FURTHER that said
bonds and the coupons attached to
each thereof shall be substantially in
the following form, with the neces-
sary variations as to the number and
maturity thereof, and the number of
the State Rural Highway for which
thev are issued, which form is hereby
adopted:
(Form of Bond)
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF REDWOOD.
NO. $3.50. 100000
KNOW ALL MEN BY THESE
PRESENTS, that the COUNTY OF
REDWOOD, in the State of Mime
sofa, for value received, acknowledges
itself to owe and hereby promises to
pay to bearer the sum of
ONE THOUSAND DOLLARS
on the first day of April, 10, to-
gether with interest on said sum from
the date hereof until paid, at the rate
of Four and One-half Per Cent
(4R%) per annum, payable semi-an-
nually. on the first day of April end
October of each year, the interest to
maturity oelag represented Dy ap-
propriate coupons hereto attached
both principal and interest payable in
lawful money of the United States Of
America, at the banking house of The
Northwestern National Bank of Mn
neapolis, in Minneapolis, Minnesota.
This bond is issued by the County
Board of the County of Redwood in
the State of Minnesota, for the pur-
pose OF defraying, and is for an
amount necessary to defray in part,
the expense incurred or to be incur
red in locating, constructing and es-
tabllshlng certain State Rural High
way wholly within said County, and
known as State Rural Highway No.
end is issued by authority of and in
strict accordance with the provisions
of Chapter 254 of the General Laws