The Cook County news-herald., 1919-06-04
offIcIll pRocEtEIDIN6s
Special Meeting d tie County B,a'a
:. ot Cook County, Minnesota
: Grand Marais, Minnesota,
>. -. -. Nav 1910

1
I A special meeting: OF. the County
Board Of the County Of Cook. State of
Minnesota. was duly held on the 18th
day OF May, a1s1e. at g. o'clock r.. NJ. in
| the Commissioners Room in the Court
House. in the Village Of Grand Marais.
Minnesota. The meeting was called to
order by the Chairman and the, roll be-
ing called the following Commissioners
| Ole J. Allen, Jorgen Peterson, Martin
| Jacobson, H. o. Engelsen.
| All members OF the Board We're pres
ent and assented to holding the meet
| ing -;-, ,,~4 ~ ......:
After thorough discussion Of. the
needs of the county In the matter Of
tions were introduced by Commissioner
| RESOLUTION PROVIDING FOR THE
ISSUANCE OF FIFTY THOUSAND
DOLLARS -($50.ooo) ROAD BONDS OF
| THE COUNTY OF COOK, STATE OF
MINNESOTA: -. -..z......-. ...
Whereas. the, Board Of County Com
| missiOners2 Of Cook County, Minnesota,
| deem it necessary for the public bene-
At to raise raise the 1e, sun fa oof oo F1FTY THOU
pose of constructing and improving
I and aiding in the construction and: i'm
proyement OF roads in said Cook Coun-
| ty, Minnesota,
/ BE TT RESOLVED zby: the County
Board Of Cook County and State Of
| Minnesota. in session regularly con-
vened, as follows: ..~.1 -
That the County bonds of this coun-
e M fS5Efs1ss 81 6a Ex is
sued and sold under and pursuant to
the. provision Of CHAPTER: 1862 Of the
| Laws of the State, Of Minnesota for
| the year 1919, for the purpose of con-
| structing and improving and aiding in
| the construction and improvement OF
Toads 70 "a ,ins in SAID Cook County. Minpesota.
Of which shall be in the the denomination
| Of One Thousand Dollars each. and all
| and shall mature as follows, All OF
| said bonds shall bear interest at the
rate OF i've per cent per annum pay
May and November in each year. which
interest shall be evidenced by interest
coupons, attached to each bond. and
bonds shall be payable at the American
| Exchange National Bank in the Citv
OF New York. New York.
RESOLVED FURTHER That said
bonds shall be in substantially the fol-
maturity as herein provided:
| (Forrm of Bond)
| UNITED STATES OF AMERICA
srd6E eGENRE AZ ~ naNNES3rA G1S3
= ROAD BOND
No.. $1,000
| KNOW ALL MEN BY THESE PRES
M MENTs that the County Of Cook, in the
self indebted, and for value received
promises to pay to the bearer
J. ONE THOUSAND DOLLARS
lawful money. Of the United, States of
! America. Al n1 on the first day of May. 49,.
| together with interest thereon from
the date hereof until. paid at the rate
OF: five per: cent per annunl. payable
semi annually on the first day of May
ssentation and surrender of the annexed
| interest," coupons as they severally be-
come due. Both principal and interest
New York. ' 1''" Ao'A '''''
This bond iss issued by said, County
Or Cook for the purpose Of construct
construction and Improvement OF roads
In said Cook County. Minnesota, and is
is:s issued .by virtue Of and. in full conform.
Statutes Of the State of Minnesota an
| plicable thereto. and of the resolutions
, Of the, County Board duly and legally
IT IS HEREBY CERTIFIED and RE-
CITED that all acts. conditions and
things required by the laws and con-
stitution Of the State of Minnesota to
ee zone ., precedent tSfs lent to- and in the is
done, have happened and been per-
formed in regular and. due form and
tnts, tllne as ;na required by law: and that the
Guiding this bond. does not exceed any
statutory or constitutional limitation,
The fun faith. credit and resources
OF said County Of Cook are hereby ir-
1 nIn6pod hn
said bond at maturity.
IN TESTIMONY WHEREOF. the
County Cow " OF C cook; in the State OF Mime:
this bond to be signed by the Chairman
Of said Board and attested BY the
County Auditor and sealed..-with his
nexed coupons to be signed by said
Chairman and said County Auditor Iy
the1r tisn. resp respective Autographed fac simile
County Aaditor os'e by the execT sna
ton. hereof adopt as and for their re-
spective official signatures said litho-
first day Of Nay % 4. TIsnnsHre& 3: isis. on this
Chairman County Board Of Of Cook Cook ;oa Goun-
| ty. Minnesota.
Attest:
County Auditor dtor'''
bond shall be in substantially the foi.
lowing form, to-wit:
No.. s25. 90
| On the First day OF May, November,
H.. IN the County of Cook. inS the
State OF Minnesota. will pay to bearer,
| the sum Of :. i,.
TWENTY FIVE DOLLARS
lawful money Of the, United States, at
the American Exchange National Bank.
| IN the City 3of New York, New York,
being the sem1-annual installment sof
interest then due on its Road bond,
dated May l, 1919. No..
Chairman County Bcard Of Cook Goun-
ty. Minnesota.
Attest:
!
County Auditor.
49, RESOLVED FURTHER, that j the
Chairman of this Board and the County
Auditor of this County be, ana they
hereby are authorized and empowered
| TO sign said bonds and that the. fac
smile signatures of the said, officers
upon the coupons shall be deemed and
are hereby adopted as the due exeeu-
| ton thereof on behalf of said County.
RESOLVED FURTHER. that the
proceeds Of the sale OF said hands and