The Redwood gazette., 1917-02-07

IL thereof due on January /, l9z3 and
1924, and two [21 thereof due on Janu-
airy 1st of each Of the years thereafter
to and including January 1, 1885. All
bearing interest at the rate of four
and one-half per cent (4a per cent? per
annum, payable semi annually on the
first day of January and July Of each
year, both principal and interest pay
able at the banking house of The.
Northwestern National Bank Of Min
neapolis. in Minneapolis, Minnesota,
and
Whereas, said bonds have been duly
negotiated and sold, Now Therefore, be
1t
Resolved by the county board of this
county Of Redwood in the state of Min
nesota, that said negotiable coupon
drainage ditch bonds Of the numbers
and denomination and payable as
aforesaid, be executed, issued and de-
livered for the purposes aforesaid, and
shall be substantially in the following
form, with the necessary variations as
to numbers and maturities thereof,
which form is hereby approved and ad-
opted:
Form of Bond1
United States of America
State of Minnesota
County OF Redwood
No.. $1,000. 90
County Ditch Bond
Know All Men BY These Presents,
that the County Of Redwood, in the
State of Minnesota, for value received,
acknowledges itself to owe, and here
by promises to pay to bearer the sum
One Thousand Dollars
lawful money of the United States of
America, on the first day of January;
sum from the date hereof until paid at
the rate of four and one-haIf per cent
[43 per cent? per annum, payable semi
annually on the first day of January
and July of each year, the interest to
maturity being represented by appro-
pirate coupons hereto attached, both
principal and interest payable at the
banking house of The Northwestern
National Bank Of Minneapolis, in Min
neapolis, Minnesota.
This bond is issued by the county
board of the county of Redwood, in
the state Of Minnesota. for the purpose
of defraying, and isfo an amount nee
essary to defray in part, the expense
incurred or to be incurred in locating
establishing and constructing a county
drainage ditch wholly within said coun-
| ty, and known as county ditch No. 81,
and IS issued by authority of and in
strict accordance with the provisions Of
Chapter 230 of the General Laws of
the state of Minnesota for the year
| 1906 and the acts amendatory thereof
or supplemental thereto
1t Is Hereby Certified and Recited
that all acts, conditions and things re-
quired by the laws and constitution of
the state Of Minnesota, to be done
precedent to and in the issuance of this
bond, have been properly done. have
happened and been performed in regu-
lar and due form and time as required
by law; that the ditch or account of
| which this bond is issued is public
ditch duly ard legally located and es-
tablished for the promotion of the health
convenience and general welfare of
the public, and that the total indebt-
edness of said County, including this
bond, does not exceed any statutory or
constitutional limitation.
The Faith, Credit and Resources of
the County of Redwood are hereby ir-
revocably pledged for the punctual pay
ment of the principal and interest Of
this bond at maturity.
In Testimony Whereof, the County of
Redwood, Minnesota, by its County
Board has caused this bord to be sign
ed, sealed and recorded by its county
auditor, and countersigned by it's coun-
ty treasurer, this second day of Janu-
ary, A. D. 1917,
countersigned;
County Auditor