Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1920-06-23
In the Matter Of the Issue and Sale ~
Bonds Under Chapter 2e5, Session
Laws. Mlnnes0ta 1919

Laws, Minnesota 1919
! County Commissioner A. N. Lodoen
offered the following resolution and
Il Whereas the County of Marshall, in
the State OF Minnesota. has heretofore
determined to permanently improve
Of in said County. to-wit:
That certain state road or part there.
Of described as follows: All Of State
Road No. l. Federal Aid Project No.
Whereas this Board has heretofore
made application for an allotment from
the federal aid funds to aid in such per.
manent Improvement OF said road or
Whereas the route and termini of
said part Of said State Road so to be
permanently improved. together with
the plans and specifications for it's i'm
provements, have been approved by the
Commissioner Of Highways Of the State
OF Minnesota, and the certificate OF
said Commissioner provided for, by
Chapter 1855. Laws Minnesota 1919, has
been signed and issued by the Com
Whereas the estimated cost of said
Improvement in excess Of the amount
Of federal aid apportioned thereto is
not less than the sum Of One Hundred
Twenty-Five Thousand Dollars ($125,-
OOO) and this Board has agreed under
said application to provide the neces-
sary funds in addition to the federal
aid either by making special tax levies
or by the issuance Of bonds. and
Whereas the road proposed and de-
termined to be permanently improved
is state road as defined 6y chapter
the Commissioner of Highways is au.
thorized to apportion federal aid under
the Act of Congress Of July IL. 1916
referred to in Chapter 265, Laws 1919
Whereas the County Board Of Mar
shall County. Minnesota, deems it nee
essary for the purpose of paying the
permanently improving said state road
hereinbefore described, that the bonds
of said Marshall County, in the sum OF
One Hundred Twenty-Five Thousand
Dollars ($l251oo) be Issued o %ndfr and
265. Laws Minnesota 1919.
Now, Therefore,
BE 1T RESOLVED
that the bonds Of the County of Mar
shall, Minnesota, in the aggregate sum
of One Hundred twenty-five Thousand
Dollars (s125, ooo) be issued for the
purpose of paying the expense incur
red or to be incurred in permanently
improving that certain road within said
county above described, said issue to
Q25) bonds of the denomination OF
One Thousand Dollars each ($1OO0), all
of which shall be dated July l, 1920
and all Of which shall become due and
payable July l, 1880. All of said bonds
shall bear interest at the rate Of six
per cent C per cent? per annum, pay
able ssmi-annually on the first days OF
January and July in each year, which
interest shall be evidenced by interest
coupons attached to each bond an6
both principal and interest shall be
payable at the First National Bank in
the City of St. Paul. Minnesota.
That this Board meet at the Com.
missioners Room in the Court House OF
said County in the City of Warren
Minnesota: on the 18th day of July
192G at eleven ell Gclock A. NJ for th
bonds, and that the County Auditor
cause two weeks published notice OF
the sale of said bonds to be given ir
the Warren n! sheaf legal newSpape'
TALLY the following form. which i:
hereby approved and adopted:
Notice of Sale Of Bonds.
Notice Is Hereby Given, that pro
| posals will be received by the County
Board of Marshall County, Minnesota
court Gonse n tSe city OF warren
Minnesota. on the 18th day of July
1920, at eleven o'clock A. NJ. for thu
purchase, of One Hundred twenty-five
Bonds of said County. to be issued uh
| der the provision of Chapter 265, Law:
| of Minnesota 1919, and of the resolu.
| tons Of the County Board. at which
time the bonds will be sold to the
| highest responsible bidder or bidders.
The bonds will be dated July 1, 1920
and will be due July l., 1880, and will
| bear interest at the rate Of six per cen
per annum payable semi-annually
principal and interest being payable a
the First National Bank in the City OF
| St. Paul, Minnesota.
No bid will be received for less thar
par and accrued interest and the righ1
to reject any and all bids is reserved
All bids must be accompanied by a GER
tifjGd check payable to the order Of the
County Treas urer for two per cent OF
the amount of bonds bid for.
Bids should be addressed to the un'
dersigned at Warren, Minnesota
BY order of the County Board of Mar
shall County, Minnesota:
Dated at Warren. Minnesota, this
18th day of June, 1920.
A. G. LUNDGREN,
County Auditor
Resolved further that said bonds
shall be in substantially the following
Cow 1ln