Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1921-09-28

for the punctual payment of the prlncl-
pal. and interest Of said bonds at ma,
turity.
Commissioner Per H. Kulle seconded
the motion to adopt said resolution, and
the roll being called, the same was
adopted by the following vote: .@f-
Ayes: A. N. LODOEN,
Ole E T 70 aTFas15
A. S. rookie
CARL r OLSON
Nayes: None. Ill.,. f. -
Commissioner \: n. Lodoen Offered
the following resolution and moved its
adoption: : -:.s.
Whereas, exclusive of moneys derived
from federal aid, the County. Of Mar
shall has subsequently, to February l.,
1919, expended in permanently improv-
ing, in accordance with plans and speci-
fications therefor approved by the Com
as trunk highways, described in article
IL of the Constitution OF the state OF
Minnesota and heretofore more definite
ly fixed and determined by the Commls-
dated iaeti sub esee to. february i,
1919, and prior to April Is, 1921. moneys
rate Of five per cent from the respec-
tive dates of such expenditures to the
date hereinafter fixed as the date of
the bonds hereinafter provided for:
Whereas the moneys so expended
were derived from taxes. or State High.s
from bond, interest or sinking funds,
and none of such expenditures have
been or are to be paid out Of the pro-,
ceeds of bonds issued under der Chapter o,e1;
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 eNlen-
ditures has been checked over and APP
proved by the Commissioner of High
ways to the extent for which relm-.
bursement is hereby desired, and
Whereas. the Commissioner Of High
ways has certified that the bonds here
hy siede ar at
maturity out Of the Trunk Highway
Fund and only out of that fund: in &C
cordance with the provisions of Chap
Whereas, this County desires reim-
bursements from the State of Mime
sofa out Of the Trunk Highway for
such expenditures. IL
Now, Therefore, Be 1t Resolved. that
the County of Marshall. Minnesota, is
sue it's bonds in the sum of $18,744.1
That said bonds shall be 10 in number.
numbered consecutive1y from one "a
to nineteen G9) inclusive. shall be Of
the denomination Of 100000 each, ex-
cept bond No. /: which shall be Of the
September 1st. 1891. and shall mature
as to principal as follows: 4 8. .y.t
Bonds numbered / to 8 inclusive. on
September LIST, 1889. .-.-. :. 0.. ~ ..
Bonds numbered 9 to 10 inclusive, on
September list, 1910. -.
Said bonds shall bear interest at the
rate of Six per cent (6cI) per annum.
payable semi-annual1y on March LIST
s by n
terest coupons. each evidencing the in
terest for. six months period. and
shall be payable as to principal and in
terest at First National Bank, in the
city of St. Paul, Minnesota.
That said bonds shall be in substan-
tally the following form, with the ne
j, cessary variations as to numbers, de-
nominations and maturities, which said
form is hereby approved and adopted:
NO.------------ n g. g. III T. $-----------
@United States of America ...s :.
r State of Minnesota E+.t$
County Of Marshall Hal
TRUNK *HIGHWAYRE REIMBURSEMENT
f%&%:5- " = wv BOND. &aa5 ia%it e g,&.s 5t
Know All Men BY These Presents,
| that the County of Marshall, Minnesota,
acknowledges itself Indebted and for
ealue received promises e pay to 1d 5ea Is
----------------------)," in Cold Coin 81 the
United States OF the present standard
Ct weight .' and fineness, On the h |;
interest thereon, from date until bald
at. the rate of Six per cent$per annum
PAYABLE semi-annually on the 1st day
lsof March and September, in each year
upon presentation and surrender Of the
annexed interest coupons as they sew
orally become due, both principal and
interest being payable First. Nation
al Bank, in the city of st. Paul, M inne-
sota 0 1 i=3 81 sl 81 t9I2 4 l5 A II 81.
This bond is issued by said county.
under authority of and in strict COM
| pliance with the laws Of the State Of
Minnesota, % thereunto s ena bling {6 and
more parti larly II Chapter 5 %, 54L Laws
192l,s5Fon account Of the expenditures
known as trunk III ghWaYs described in
Article 16,fi Of the Constitution Sof the
State Of Minnesota. and heretofor def
nitely4 esignated, fixed and d etermined
bNthe Commi ioner of Highway = SAC s4S
All acts, conditions and things REQUIRED
by the constitution u and Laws 8# of the
Sta te#!Ofs MinnesOt ia, ito be and to- be
done#preced emit to and III the issuance
Of this bond including TIL. execution.
Of Highways required by {Chapte rS 522,s
Laws 1921, "a copy of (which is8endorseds
ihereon, have been prop erly3f lone, hap
pened and been rforme ed, sin ire gulars
and due form and time BY
said County, 5in clud ling this bond, 4 does
not iced any consti tutional Or statu-5
tory limit s Il
1 b The full faith, credit and resources
of said County of MARSHALL innesota,
are hereby irrev ocabIY pledged for the
Interest Of this bond 4 maturity f3lE
s3 III In Witness w hereof, the County
Board of Marshall Il Coun ty,S linn esota.f
has caused this bond to. be signed BY
its chairman andsby the County Treas
ur re and Scoun tersig ned a by the County