Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-09-24
Official School Proceedings.

Motion made by Hanson. Seconueu
nish bond for the amount of $25'ooo'oo.
Motion made by Fagerman; seconded
S ey Of pxrepanea BY q
tects Kelley & Shefchik, and that local
bank handle same at the rate Of per
M Motion made by Fagerman. seconded
by D. H. Johnson> that building com
| mittee hire a competent man to super
the wGrk Ct the Mpton
Motion made by, Fagerman; seeond .e'3
| by Hanson, that the sale of bonds Will
1eceiyed at the efic s,S Of the 1e2 eenD R
to one O'clock P: NJ: Motion carried:
Notice Of sealed bids for sale Of
to be puo!s sa in H the %tt1e
Fails, Mimi. on the 10th and 18th Of
September. The Minnesota Daily Star,
Minneapolis. MINI, St; Paul Daily
Duiuth Mimi. to be published the 10th
and 18th, also the 18th and 18th OF
Motion made by Hansen and SECOND,
to school to be used for the new build
ing. Motion carried; - ona
duly seconded by Hanson. the following
resolution was adopted:
PURSUANT to n .% ;o duly I'll g1EXds ncaa
al mHedng ID 1ae school District
| No. %, Of Morrison County: Minnesota
was held on the End day of September;
1s2o at $ fbe S SHIoee Of Epsaia t"e
Members present-Adolph Peterson;
President; D. H. Johnson, Clerk and ana
AsgTst Hansgn gust
Johnson, being all of said Board.
Mr. August Fagerman a member OF
| said board offered the following reso-
1 fhoir o1nnfINn.
| WHEREAS. it satisfactorily appears aS
said district was held on the 18th day
ciai meeting and election the PROPOSE
ton contained in that certain resoiu-
ton of this Board relative to the IS. $.
suance Of its certain BONDS a tSd Sot =,
vote Of those present and voting. and
WHEREAS: this Bo s,ed+; was a a. s1ed
to borrow money in the sum- Of al H,f tx
live Thousand Dollars. $55,Oo0.0o)'
and to issue bonds of said school dis
p1eting the new school building in said
now, THEREFORE,, BE 1T REsoL-
be issued in the amount aforesaid and
for the purpose aforesaid; said ponds
to be upon the terms. and conditions
specified in such resolution: that said
numbered from one G) to Fifty-five
(55) both inclusive, be Of the denom ndn1
Of one tSa and R Sa rs ;S9e
1920, be payable on the first day OF
August 1885, bear interest at the rate
of six and one half per centum (6k per
ally on the first days of February and
principal and interest BE- payable at
the the city of Saint Paul, Minnesota, =.
Substantially the following form, with
saa om st Rsreb
So!: eoopss'' on ,,ns ~ .,rni $1,000.
State of Minnesota,
Independent School District No. o.
KNOW xf:% M RS5lq 81 Fr T2Es PRES
ENTs:-That Independent School , Dis
nesota, acknowledges itself indebted
and for value received. hereby prone
'se' g 9N RsS r e S9sziS DOLLARS
&$1,oooQ0) in lawful money icy &C, OF r; tne
81 Of &c.,
said sum from the date hereof unit!
per eentum (sh per cent? per "a. ana aaT!
of February and August in each year
upon presentation and surrender of the
annexed interest coupons as they sew,
western Trust Company in the Citytyo1
Saint Paul, Minnesota.
This bond is issued by said District
for the. purpose of erecting a new
and full compliance with the provi'
H,ons OF enabiins includine
Chapter 1858. General Statutes, Min:
nesota, 1894 and the acts amendatory
It is hereby Certified and RECITET
that all acts, conditions and things re-
quired by the laws and constltutlon o.
cedent to and in the issuance of this
bond, have happened and been duly
fps Of by said aD
including this bond does. not exceed
any limitation prescribed by. law.
For the prompt payment be of the so pra
ing to its terms, the full faith. credit
and revenue Of said school district are
hereby im,;Te:s pledged; on.
District No, %. of Morrison County
Minnesota. has caused these presents
be signed by its PrefideHt and Clerk
sn's first DAY HD 81 fHFqs 81
ls,r Pedsidsnt of R9ara Of 9d E&Yse5ion
Clerk, Board of Education.
jCountersigned:
AUGUST FAGERMAN,
Treasurer. Board of Education:
and that there be coupons ATTACHED
to each of said bonds which shall be
in substantially the following form:
No. $3.50
FEBRUARY
On the first day of August, A. d.,
19-, Independent School District
No. 20, Of Morrison County. Minne-
sofa. will pay to bearer Thirty
two and 5O-1O0 Dollars ($32.60)