Warren sheaf., 1917-09-26

Bank, st. Paul. Mimi, being the semi.
annual installment OF Interest on its
Putdhsr Publte Drainage aa1ag a. Ditch Bond dated
countersigned = = 3
County Auditor.
Be it further Resolved, that said
bonds and each of the coupons thereto
attached shall be signed by the Chair
by the County Auditor, and each Of
ed by the County Auditor. That the
signatures of the said Chairman and
honds apop be the COUPONS Of said
lures printed Autographed or en-
Whereas, Kalman, Matteson & Wood,
fore offered to purchase said bonds.
and to pay therefor not less than their
4 par value, and
best interest of said County to accept
the the said bid ~ Of the said Kalman.
Whereas, in pursuance Of law a
statement showing the cost Of said
County Ditch Number %. and of the
amount of the, lien upon the lands
BENEFITED thereby has been duly made
Now. Therefore, Be it Resolved; by
Il
the said bonds ' when 50 executed, shall hail
be delivered to the said Kalman,
Matt & Wood or their order upon
i County the amount of their bid there
for. and that the proceeds Of the sale
said fSnds Ehnd Fha bs piaced in
Be it further Resolved, that said.
bonds and the interest coupons there
to attached shall be paid out of any
i
lof said County, when the funds on;
hand in the general ditch fund Of the
treasury Of said County are insufficient
i to meet the payment Of the interest or
1principaf of said bonds when the same
respectively natures, and the County
Auditor and County Treasurer Of said
rected to pay the interest and princi-
pal of said bonds in such event, and to
take all necessary steps to that end,
ment Of the principal and interest Of
the. said bonds as they rsspectively
terest from the collection Of unpaid
assessments for said Judicial Ditch
! Number 49, as such assessments are
i collected and received.
i Be it further Resolved by said Coun-
i ty Board that the full faith, credit and
RESOURCES Of the said County Of Mar
Board as such, be, and the same are
hereby irrevocably pledged to provide
the money for the principal and inter.
est Of said bonds when and as the same
become due.
Commissioner q. Enge, one Of the
members of said board, seconded the
motion to adopt said preambles, and
resolutions and thereupon the follow
ing vote was taken and recorded:
j c. f. Adolphson
Those voting in the e. affrmative: !; e
Enge, 4. N: Lodoen. A. S RolSke and
i Those voting in the negatives: None.
i Whereupon said preambles and
resolutions were declared duly ADOPT
- G. n. ADoLPHsoN,
Chairman of County Board
com,nissioner A. s: Rokke offered
stsions and moved their adoption:
Whereas in pursuance Of and in full
SlChapter -230, General Laws, Minnesota,
1905, and the several acts amendatory
|shereof and supplemental thereto, such
that a certain public drainage ditch
i has been duly located and established
wholly within said county, known as
l-County Ditch Number 25, and
i Whereas, this county board has de-
termined, and does hereby determine.
purs9ant to the provisions Of Section
1917, that the proceedings in reference
% said ditch shall be completed under
he provisions Of law existing prior to
Il !,
avs, Minnesota, 1917, and
Whereas, it has been definitely as
certai1eed! !. and n determined in accord
.nSH IS with the Provisions OF law appii-
cured and to be incurred in locat-
ng, constructing and establishing said
Itch within this County Of Marshall,
thousand dollars (s6s.0oo). and
Whereas, there is not sufficient
in the Of the said
pense incurred and to be Incurred in
50 locating. constructing and estab-
this county board that it is necessary
sor such purpose to raise at this time
lars ($63,00O).
Resolved further, that the negoti.s
able coupons bonds Of said County Of
es issued f91 said in
thousand dollars (S63,OOO). That said
bonds be sixty-three (63) in number,
ncasfre from be one R tG
IF one Thousand dollars. (s1,O00) each,
oear date the first day of October 1917,
5ear interest at the rate Of five and
4 semisannually on the first days of
April and October in each year. and be
I've araIt and ! Payabls as to principal and
1 The city of ST. Paul, Minnesota.
That each Of said bonds shall be pay
IDle III SlaWIul money OF the United
Il States of America, and be due and
payable as to principal as follows:
Bonds numbered /, 8, on the first
lin the order Of their numbers, on the
irst day of October in each OF the,
5ears 1924 to 1896 inclusive, and bonds
IN the first day Of October 1881
Resolved further, that said bonds
Ind each Of the coupons thereto at
i tached shall be in substantially the
following form, with the necessary
variations as to numbers and matur-
/ ties. which said form is hereby ap-
i proved and adopted:
No. ------ $1,000
UNITED STATES OF AMERICA,
STATE OF MINNESOTA,
i COUNTY OF MARSHALL
PUBLIC DRAINAGE DITCH BOND.
4 Know all men by these presents.
Il That Marshall County, in the State Of
4 Minnesota, acknowledges itself indebt-
II cd, and for value received, promises
a to pay to bearer
4 ONE THOUSAND DOLLARS
Il ls1,ooo), lawful money, of the United
Il States of America, on the first day of
Il October A. D. 19----, with interest