The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1920-07-22
OFFICIAL
of Board of County Com.
missioners, Mile Laos County.
Auditors Office. Mile Laos Co.. Mimi

Auditors Office. Mile Laos Co., Mimi.
Princeton, Mimi, July 18th, 1920
The board of county commissioners of Mile
Laos county met pursuant to law with Chair
man F. c. Cater presiding, and all members of
the board present eNcept Carl Eckdall, county
commissioner third district.
Meeting called to order by the chairman at
II o'clock a.. m.
The county board discussed various matters
| and motion board adjourned until 80
O'Clock p. m.
At 1850 o'clock p. m. board reconvened as
per adjournment with all members OF the
The plat of Murray Beach covering the east
half (e1a) of lot 3, of section II, township AZ
of range 26, presented to the county
board. examined. approved and accepted and
ordered filed with the register of deeds. The
following proposal was presented to the coun-
! ty board, to-wit:
Proposal.
Honorable Board of County Commissl oners,
Mile Lacs County, Princeton, MINI.
Gentlemen:
For the s125, 900 road bonds to be issued by
your county, to bear interest at the rate OF
six per cent per annum. payable seml-an-
nually, both principal and interest to be
payable at some national bank IN st. Paul,
Minnesota, to be dated August LIST, 1920. to be
in the denomination of $1,000 each, and to
mature without option of prior payment 10
| years from date. we make you the following
proposal:
acquisitions of the attorney selected and to
furnish with certified copies of all pro-
ceedings had without expense to us and agree
to set date of sale on August Bird, 1920.
The board agrees to allow lis the sum OF
So, 625.00 for producing purchaser who will
actually take and pay for the above bonds
at least the par value thereof and accrued in
terest, said sum to be paid us only as and
when said purchase is completed.
AS fiscal agents will furnish without
costs to the county the proceedings necessary
to legalize the issue; furnish approving opinion
nod ,ffD or,1 fr1yro c1 dow
sale blank engraved bonds ready for signature
You further agree that if the purchaser APP
pears who will actually take and pay for the
above bonds at least the par value thereof
and accrued interest, to accept as payment for
| the bonds certificates of deposit of the Min
| neapolis Trust Co., and the Merchants Trust
and Savings Bank payable to the treasurer.
Mile Laos county, state of Minnesota, draw
ing interest at the rate of 21a per cent per
annum. and maturing in the following
amounts:
September 18th, 1920 ............... $50, goo 90
October 18th, 1920 80, 900 90
~ Respectfully submitted, ''''N'O0
Merchants Trust and Savings Bank,
By E. S. Judd.
Minneapolis Trus. Company,
By Ward F. Tucker.
Stanley Gates & Co.,
By Elliot Magraw.
The foregoing proposal is hereby accepted by
resolution of the board of county commits
sioners passed at a regular meeting this 18th
day of July, 1920. F. c. CATER,
Attest: Chairman.
WALTER PELT1ER,
T 9iea SEAL County UNITY Auditor Audi
county board whereupon it was moved by
Sehlin and seconded by Axell that said proposal
be accepted, and same was accepted by the
and Axell: navs. Eckdall.
On motion board adjourned until July 18th,
$780, at 10 80 o'clock m.