Morris tribune., 1921-08-26
PROCEEDINGS
Board of County Commissioners,
Stevens County, Mimi

PROCEEDINGS
Board of County Commissioners,
Stevens County, Mimi.
"A special meeting Of the Board of
County Commissioners was held in the
County Auditors office, Morris, Min
nesota, on the 18th day of August.
1921, at 10 O'clock A. NJ. The follow ;
ing members were present.
y. n. Dohlen, Chairman, VIM Gaus-
man, K. w. Keller, N. P. Neck enburg,
d. H. LAWYER. %
Commissioner LAWYER offered the
f9lloWing resolution and moved it's
Whereas exclusive of moneys de-
rived from federal aid, the county of
Stevens has subsequently to February
l, 1919, expended in permanently i'm
proving, in accordance with plans and
specifications therefor approved by
the Commissioner of Highways roads
known as trunk highways, described
in article Is of the Constitution of the
State of Minnesota and heretofore more
definitely fixed and determined by the
Commissioner of Highways, on account
of contracts entered into by said
county dated subsequently to Febru-
ary1, 1919 and prior to April rs, 1921
moneys which, together with interest
at the rate of five per cent from the
respective dates of such expenditures
to the date hereinafter fixed as the
date of the bonds hereinafter provided
for am6unt to as much as the sum
of $4,000 90, and
Whereas, the moneys so expended
were derived from taxes or State High
way aid, or temporarily transferred
from bond, interest or sinkig funds,
and none Of such expenditures have
been or are to be paid out of the pro-
ceeds of bonds issued under Chapter
265, Laws of Minnesota, 1919 or any
other general law of this state, or Of
funding, or refunding bonds of the
county heretofore issued or money to
be derived from federal aid and
Whereas, the amount of such ex-
penditures has been checked over and
ynI
Highways to the extent for which re-
Endorsement is hereby desired and
Whereas, the commissioner of High
ways has certified that the Bonds
hereinafter specified are such as will
be paid by the State of Minnesota at
their maturity out of the Trunk High
in accordance with the provisions of
Chapter 522, Laws 1921, and
Whereas this county desires rein
bursement from the State of Mime
sofa out of the Trunk Highway for
such expenditures,
Now Therefore,
Be it Resolved that the county of
stevens Minnesota issue it's bonds in
the sum of $35,OOO.OO. That said
bonds shall be 35 in number, numbered
consequently, from one Cd to thirty
five $3.50 inclusive shall be of the de-
nomination of $1,000 90 each, shall be
dated August LIST 1921, and shall ma
tuEe oI as to principal ordna5 as follows
August LIST, 1881
Bonds numbered to inclusive, on
August list, 1882
Bonds numbered to II inclusive on
August LIST 1888
Bonds numbered II to Is inclusive,
August 1St, 1894
Bonds numbered 16 to 10 inclusive,
on August list, 1885
Bonds numbered 20 to % inclusive
on August LIST, 1886
Bonds numbered "a to q inclusive
on August LIST, 1887.
Bonds numbered % to 81 inclusive
on August LIST 1898
B Onds numbered 80 to 35 inclusive
on August LIST, 1889
Bonds mum bered. to-. inclusive on
August LIST, h..
Said bonds shall bear interest at the
rate not to exceed Sch per annum,
payable simi-annually on February
1st, and August LIST, in each year,
which shall be evidenced by appro-
pirate interest coupons evide'
ing the interest for six months period
and shall be payable as to principal
and interest at 1st National Bank in
the city of St. Paul, Minnesota
That said bonds shall be in susbtan-
TALLY the following form, with the
necessary variations as to numbers,
denominations and maturities, which
said form is hereby approved and
ad%Spted:-
GN1TED sTATEs OF &MERicA
STATE OF MINNESOTA
Trunk Highway Reimbursement Bond
tb kn4 Nv al Ion men by these presents,
acknowledges itself indebted and for
value HalI received promises to pay to
in Gold Coin of the United States of
the present standard of weight and
fineness, on the day of .....A.
D. 49,, with interest thereon from
date until paid at the rate of 49,. per
cent per annum payable semi annual
ly on the day of. and :.
:.t:........ in each year. upon presen-
interest coupons as they severally be-
come due, both principal and inter-
est being payable at. ........., in
'n Tbi e''S BOND ID is issned M MnnfHdsota
pliance with the laws of the State of
Minnesota, thereunto enabling, and
more particularly Chapter 522, Laws
1921 on account of expenditures made
in permanently improving roads known
as trunk highways described in Ar
ticle &c.. of the Constitution of the
definitely designated. fixed and de-
termined by the Commissioner OF
Highways
It is hereby Certified and Recited
that all acts and conditions and things
required by the Constitution and Laws
of the State of Minnesota, to be and
to be done precedent to and in the
execution of the certificate of the
Commissioner of Highways required
by Chapter 522, Laws 1921, a copy OF
which is endorsed hereon, have been
properly done, happened and >beem per-
formed in regular and due form and
time as required by law, and that the
total indebtedness of said county, in