The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1922-02-16

highway fund. and out 81 that fund only. in
accordance with the provisions Of chapter 522,
laws Of 1921, and 55Eys5sS t,Ss.s II s3s9- n
from the state Of Minnesota out Of the trunk
highway for such expenditures;
! Now. therefore,
Minnesota, issue its bonds in the sum of
$55, 100000. That said bonds shall be IS in
number. numbered consecutively from one ~
to BE q af d
l. which shall be in the denomination of
100000 shall be dated January End. 1922, and
shall mature as to principal as follows:
uary LIST, 1882. FL '' -
Bonds numbered IL to 20 inclusive. on jan
uary LIST, 1888. =.---s. ~ rfr
Bonds numbered 9nl, 81 to 80 inclusive. on Jan
Bonds numbered 81 to 40 inclusive. on jan
uary LIST, 1885.
: Bonds numbered Al to SIS inclusive. on Jan
Said bonds shall bear interest at the rate of
s percent Is per cent? per annum, payable
semi annually on January LIST and July LIST,
in each year. which shall be evidenced by ap-
interest for six month period, and shall be
payable as to principal and interest at Mer-
n n in the city Of St. Paul. Minnesota.
That said bonds shall be in substantially
the following form. with the necessary varia-
tions as to number. denominations and ma.
turtles, With said form is hereby approved
and adopted. $751;.
United States of America.
State of Minnesota.
County of Mile Lacs
Trunk Highway Reimbursement Bond.
Know all men by these presents, that the
county of Mile Laos, Minnesota, acknowledges
itself indebted, and for value received promises
to pay to bearer
One Thousand Dollars
($1,00000), in Gold Coin of the United States
Of the present standard of weight and fneness.
on the 1st day of January, A. D. 49,. with
interest thereon from date until paid at the
rate of 5 per cent per annum payable semi
annually on the first day of January and July
of the annexed interest coupons as they sew
orally become due. both principal and interest
being payable at the Merchants Trust & Saw
ings Bank, st. Paul. in the city of St. Paul.
Minnesota
This bond is issued by said county under au-
| thority of and in strict compliance with the
| laws of the state of Minnesota, Hereunder
| enabling. and more particularly chapter 522.
| laws Of 1921, on account of expenditures made
| in permanently improving roads known as
trunk highways described in article 16, of the
heretofore definitely designated, fixed and de-
| termined by the Commissioner of Highways.
It is hereby certified and recited that all
acts, conditions and things E required By the
sofa. to be and to be done precedent to and
in the issuance of this bond, including the ex-
ecution of this 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 been per-
! formed, in regular and due form and time as
required by law, and that the total indebted
ness Of said county, including this bond, does
not exceed any constitutional or statutory
limit.
The full faith credit and resources of said
county of Mile Laos, Minnesota, are hereby
irrevocably pledged for the punctual payment
of the principal and interest Of this bond at
maturity.
In witness whereof, thte county board of
Mile Laos county, Minnesota. has caused this
| bond to be signed by its chairman and by the
| county treasurer, and countersigned by the
county auditor, and sealed with his official seal,
this End day of January. 1922.
| PETER SEHL1N,
Chairman County Board, Mile Laos
| County, Minnesota.
Walter Peliter. Otto Henschel.
| County Auditor. County Treasurer.
(Seal) Mile Laos Co.. MINI.
! Order No.
I. c. M. Babcock, Commissioner of High
ways. of the State of Minnesota, do hereby
certify that the County of Mile Laos, Mime
sofa. is entitled to issue its bonds in the ag-
gregate sum of s55.000o0 under sections 2,
subsection (b). of Chapter 522: Laws 1921
will be paid by the State s,of Minnesota at
! their maturity out of the Trunk Highway
| fund and only out of that fund. in accordance
with the provisions of chapter 522, laws 1921
| that said bonds to be known Trunk
! Highway Reimbursement Bonds of Mile Laos
! County, to be dated January 2nd 1922, and to
be numbered from one Q) to ffty-tive (55)
| inclusive.
Dated at St. Paul, MIMI. this."....day Of
...1922. c. NJ Babcock,
! Commissioner of Highways of State
| - of Minnesota.
Commissioners Seal)
That the coupons attached to said bonds shall
be in substantially the following form:
............... No.......~..
County Of Mile Laos. Minnesota viii iii' pey to
bearer Twenty-Five and no-1O0 dollars (s25.00)
| in Gold Coin at Merchants Trust & Savings
Bank, St. Paul, Minnesota, being the semi
annual installment of interest due on its
Trunk Highway Reimbursement Band dated
January End. 1922 No:..:.....::.:::
| Peter Sehlin.
| Chairman County Board.
Walter Peltier. Otto Henschel,
County Auditor. County Treas.
Resolved that the chairman of this board
the county treasurer, and the county audito,
be and the same are hereby authorized anc
directed to cause said bonds to be prepared in
said form, and execute the same on behalf of the
county. and that the county auditor be and hi
is hereby authorized to seal said bonds with his
official seal and that the chairman of this
board, the county treasurer and the county au
ditor be and they are hereby authorized tx
execute the coupons of said bonds by the
facsimile of their signatures, printed, litho
bonds when so executed shall be placed in thu
custody of the treasurer to be by him de
livered as heretofore provided.
Be it further,
Resolved, that bids for the purchase OF sale
bonds hereinbefore specified be opened ant
considered by the county board of said count,
at meeting thereof, which is hereby fixed tx
be held at the county auditors office, in vii
lage of Milaca, Minnesota, at o'clock p. m.
on the 18th day of February, 1922.
| Be it further,
Resolved, that notice of said meeting of th
board to be held at the time and place abov'
the sale of said bonds. be published in thu
Princeton Union, newspaper published a
Princeton. Minnesota. once in each week fo
at least two successive weeks the first publ
cation of which shall be at least fourteen days
prior to said date of meeting, and said news
paper is hereby designated as the newspaper
in which said notice shall be published
| Be it further,
Resolved. that the county auditor is author
lied and directed without delay to be published
in said newspaper once in each week for a
least two successive weeks notice in substan
TALLY the following form:
| Notice of Sale of
Trunk Highway Reimbursement Bonds of
Mile Laos County, Minnesota:
of February, 1922. at 2 o'clock p. M. at tn
county auditors office in the village of Milaca
Mile Laos County, Minnesota. the count:
board of said county will receive bids for tn
sale of $55, 100000 bonds in the denomination
. of $1,000.000 each of said county, to be date
: January End. 1922, to bear interest at tn
rate of 5 per cent per annun, payable semi
annually, to mature to principal as fol
= lows:
Bonds numbered 1 to 10 inclusive, on Jan
- uary LIST, 1882.
Bonds numbered II to 20 inclusive. on Jan
e uary 1st 1888.
Ronds numbered 81 IN 20 inclusive on Jan