The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1922-01-26

list, 1910.
| $4,000 thereof to mature on July
LIST, 1871.
| $4,000 thereof to mature on July
| 1st, 1912.
| $4,000 thereof to mature on July
LIST, 1943
| $1,000 thereof to mature on July
LIST, 1914.
] $4,000 thereof to mature on July
LIST, 1915.
| $1,000 thereof to mature on July
1st. 1916.
$4,000 thereof to mature on July
LIST, 1947.
/ $4,000 thereof to mature on July
LIST, 1913.
$4,000 thereof to mature on July
LIST, 1919.
/ $4,000 thereof to mature on July
1st. $780,
| $4,000 thereof to mature on July
1st, 1851.
$4,000 thereof to mature on July
LIST, 1862.
That said Bonds shall be dated on
the date of their sale and that said
interest shall be payable on July LIST
1922 and on the first day of July in
each year thereafter.
That said Bonds be so issued in ac-
cordance with the provisions of Chap
| ter 10 of the General Laws of Mime
sofa for 1905 and Acts Amendatory
thereof. and that a special election to
be held in accordance with the Laws
hereby called and shall be held on
Friday, the 10th day Of February,
1922, at which the proposition OF issu-
ing said bonds shall be submitted to
the qualified voters of said City for
their determination.
That the City Clerk is hereby au-
thorized and instructed to give notice
of said election in accordance with the
law in such case made and provided.
Passed by the common council this
14th day Of January, 1922.
Alderman Rydholm seconded the mo-
ton to adopt said resolution and the
motion was carried by all voting Aye,
nays none.
Alderman Coyle then read the fol-
lowing resolution and moved it's adop-
ton, viz;
BE 1T RESOLVED BY THE. COM
MON COUNCIL OF THE CITY OF
SAUK CENTRE, MINNESOTA:
That, whereas, the Water, Light and
Power Commission of said City has re-
quested the issuance of the Bonds Of
said City in the sum of $4,000 to be
used for the purpose of improving the
electric light and power plant and the
electric light power system of the
City of Sank Centre by erecting and
installing, in said City, a new and eff
ficient street lighting system to light
the public streets and places thereof,
and
Whereas. said Common Council deem
it necessary to issue said bonds for
such purpose, and
Whereas, said Council has determin-
ed that the life of said Improvement
and said street lighting system will
be ten years, and that such time is the
estimated life expectancy thereof, and,
whereas, the cost Of said Improvement
is estimated to be 100000.
Now therefore, that the Bonds of
cl,o1 he L., he fofo
sum Of $4,000, for the purpose afore-
said, said bonds to be dated as of the
date of their sale and shall bear in
terest at a rate Of interest not ex-
ceeding six per cent per annum, pay
able on July LIST, 1922 and annually on
thereafter, and that said bonds shall
mature and become due July LIST, 1882.
That special election, to be held In
accordance with the laws in such case
made and provided, is hereby called
and shall be held on Friday, the 10th
Of submitting the question of the is
suance of said Bonds to the voters of
said City for their determination, IN
! accordance with the Charter Of said
City.
That the City Clerk is hereby auth
orized and instructed to give notice of
said election, in accordance with the
statute in such case made and provid-
ed.
Alderman Perry seconded the mo-
ton to adopt said resolution and the
motion was carried by all voting
Aye, Nays none.
The Council appointed J. H. Jen-
kins, L. W. Gingery and v. T. Con-
kiln, as Judges of the Special Elec-
ton to be held Feb. 10th, 1922 in the
First Ward.
And for Judges of said election in
the second Ward, R. R. Kells, Peter
Robischon and Charles Miller.
The meeting was then adjourned.
J. F. COOPER,
City Clerk.
The Minimum.