The Ely miner., 1919-09-26

S1,OUU.UO BONDS NOS. DO TO ~, IN
elusive to mature Sept. End, 1880.
100000 Bonds Nos. ,78 to 80, in
elusive to mature Sept. End, 1881.
100000 Bonds Nos. 80 to 1O1, in
elusive to mature Sept. End, 1882.
$1,OOO.00 Bonds Nos. 102 to 113,
inclusive to mature Sept. End, 1888.
100000 Bonds Nos. ia to 1875,
Inclusive to mature Sept. End, 1884.
And, Whereas said resolution was on
the 30th day of August, 1919, at a
special meeting and election duly
called for the purpose, submitted to
the legal voters of said district for
their approval, at which sixty four
(64) of said legal voters of said
district having voted in favor of said
issue, and twenty (20) of said legal
voters having voted against said is
sue,, as appears in the returns of
said election.
Now, therefore, Be it Resolved
that in accordance with the terms of
said resolution adopted August 18th,
1919, and approved by the legal vo-
ters at said special election held
August 3Oth, 1919, said bonds be is
sued in the amount of one hundred
and twenty five thousand ($125,000.-
0O), to be dated September End, 1919
with interest payable thereon, semi
annually at the rate of five (5) per
cent per annum, and have coupons
attached for the several interest pay
ments to be made, and be numbered
from onesto one hundred and twenty
five (125), both inclusive, and pay
able and to mature as follows:
100000 Bonds Nos. l to 10 in
elusive to mature Sept. End, 1924.
100000 Bonds Nos. II to 20 in
elusive to mature Sept. End, 1925.
100000 Bonds Nos. 21 to 80 in
elusive to mature Sept. End, 1926.
100000 Bonds Nos. 81 to Al in
elusive to mature Sept. End, 1927.
100000 Bonds Nos. AZ to So in
elusive to mature Sept End, 1928.
100000 Bonds Nos. 81 to 65 in
elusive to mature Sept. End, 1929.
100000 Bonds Nos. &c to n in
elusive to mature Sept. End, 1880.
100000 Bonds Nos. 7S to 80 in
elusive to mature Sept. End, 1881
S1,000.00 Bonds Nos. 90 to 101 in
elusive to mature Sept. End, 1882
100000 Bonds Nos. 102 to 113
inclusive to mature Sept. End, 1888
$1,000.00 Bonds Nos. ia to 125
inclusive to mature Sept. End, 1884
That said bonds be offered for
sale and sold to the highest bidder by
the school board of Independent
School District No. IL, St. Louis
County, Minnesota, at the office OF
the school board in the Washington
school building at Ely, Minnesota in
said district, on Tuesday the 23rd
day of September, 1919 at $50
Io'clock P. M. of said day.
Resolved further, That the school
board of Independent School District
No. IL, st. Louis County, Minnesota
meet at theoffice of said school board
in the Washington school building
in the city of Ely in said district, on
the 23rd day of September, 1919, at
$50 o'clock P. M. of said day, then
and there, to open and consider
sealed bids for the purchase of said
bonds; that no bonds be sold for less
than par and accrued interest, and
that the school board reserves the
right to reject any and all offers for
the purchase of said bonds.
That mo bid will be received or
considered, unless accompanied by a
certified check, payable to the Treas
urer of said school district in the
amount of $6,25O.00, to be retained
by the school district as litigated
damages for the breach of contract,
if said bidder to whom may be award