The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1918-02-08

Hall at s o'clock p. M. Wednesday,
January 30th, 1918, Tor the purpose
of counting and convassing the votes
cast at the Special Election held in
the City of Ely on the 2Sth day OF
January, 1918, at which the PROPOSE
ton of issuing to the State of Mime
sofa certain refunding bonds in the
sum of 100000 was voted upon; and
declaring the result thereof; and au-
thorizing and directing the proper
officers to take such action as may
be necessary to complete such loan
and directing the application of the
money secured thereby.
BY order of the Acting Mayor this
3Oth day of January, 1918.
(signed) ARTHUR KNUTSON,
City Clerk.
Present: Aid EN- Erickson,
Harri, Eisenach, Somero and Nc
Curdy.
Absent: Alderman White and
Mayor Brozich.
Alderman John A. Harri offered the
following resolution and moved its
adoption, which motion to adopt was
seconded by Alderman Louis Eisen-
ach;
WHEREAS, it appears after full
canvass of the returns of the Special
Election held in and for the City Of
Ely of Ely, st. Louis County, Mime
sofa, on the 2Sth day of January, 1918,
for the purpose of voting on the pro-
position of issuing to the State of Min
nesota certain refunding bonds in the
aggregate amount of One Hundred
and Sixty Thousand ($160,000) dol
lars to be expended as set forth in
the resolution adopted by this Coun-
Gil, and now on file in the office OF
the City Clerk; that the whole num-
Der of votes so cast at said election
was 303, of which number of votes
SO cast the number voting in favor
Of such issue was 261 and the num-
Der voting against said issue was AZ;
NOW THEREFORE,, BE 1T RE-
SOLVED, that the question of issu-
ng said bonds be and hereby is de-
,lared carried.
All members voting yea the resoiG-
ion was adopted and so declared.
Moved by Alderman Harri, sup,
ported by Alderman Erickson that
he Chair appoint a Committee of
.hree 90, including the City Attor-
| ney, to meet with the State Board of
| Investment of Minnesota at their
| next meeting relative to securing the
loan in question Carried.
The following resolution was of
Tered by Alderman Louis Eisenacn
who moved it's adoption, which mo-
ton to adopt was seconded by Alder
man John Erickson, to-wit;
| WHEREAS, a Special Election was
duly held in the City of Ely, in the
| County of st. Louis, and State of
! Minnesota, on the 2Sth day of Jan
uary, 1918, at which election the pro
position of issuing to the State OF
Minnesota certain refunding bonds
was duly submitted to the qualified
| electors thereof, and that a majority
| of the electors voting thereat, have
voted in favor of said proposition;
| NOW, THEREFORE, BE 1T RE
| SOLVED, that the Treasurer of said
City be and he is hereby authorized
| and directed to make application TO
the State Board of Investment of
Minnesota for a loan of the amount
and character and upon the terms
and conditions specified in the pro.
position above referred to;
THAT the Mayor and City Clerk of
this governing body be- and they are
hereby authorized and directed 10
sign and execute such bonds, and the
Treasurer to countersign the same
whereupon being issued and delivered
by virtue hereof, to the State of Min
nesota, said Treasurer shall receive
the principal sum thereof, and is
hereby directed to apply the same for
the purpose of refunding the said or
ders, and not otherwise; and all other
Officers are hereby further author
lied to execute and deliver to the
State of Minnesota the necessary pa
pers and furnish all necessary inform
alton in connection with the issuance
OF the foregoing bonds, and the appli-
cation to said State to purchase the
same, as may be requested by said
State Board of Investment.
All members voting yea the reso-
luton was adopted and so declared.
Moved by Alderman Harri. sun
ported by Alderman Somero that the
| meeting adjourn Carried.
ARTHUR KNUTSON,
City Clerk