Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-07

special fund available only for the
purpose of paying off such indebted
ness"
Sec. 3. This act shall apply where
the detachment of such territory mas
taken place prior to the enactment
hereof but where any portion of such
Indebtedness remains unpaid as well
as where pros ceilings for such separa-
ton are taken hereafter"
Approved March 81, 1881.
CHAPTER 96-H. +. No. 34S.
AN ACT to provide for the dissOIu-
ton of towns in certain cases and
for the anneNing of the territory
formerly contained therein to other
towns or for it's government as I'M
organized territory, and for the dis
position of any funds belonging
thereto and for the payment of the
outstanding obligations thereof.
Be it enacted by the Legislature of
the State of Minnesota:
Section 1. Whenever the electors of
any town, at the annual meeting or
at special meeting called for that
purpose, shall have voted by ballot
to dissolve the town organization
hereunder and the town board thereof
shall adopt resolution setting forth
such facts and asking for the dissolu-
ton of the town, and a copy of such
resolution, duly certified by the town
clerk, shall be presented to the board
of county commissioners of the coun-
ty in which such town is located, such
board of county commissioners may
by resolution, dissolve such town and
attach the territory formerly en-
braced therein to the adjoining town
or towns, or provide for the govern
ment of such territory as unorganized
territory of the county. If such dis
solved territory is added to an ad
joining town the proposal therefor
shall first have the approval of five
eighths majority of the Voting electors
of such town to which the dissolved
territory is added. Upon the adoption
of such resolution by the county board
such town shall be dissolved and no
longer entitled to exercise any of the
powers or functions of an organized
town. Provided that the county du-
ditor shall give ten days notice by
one publication in the paper in which
the proceedings of the county board
are published of the meeting of the
county board at which such petition
will be considered.
Sec. 2. A certified copy of the res
olution of the county board declaring
such town to be dissolved shall forth
with be forwarded by the county
auditor to the secretary of state, who
shall on receipt thereof make ap-
propriate entry in the records of his
office of the dissolution of such town.
Sec. 8. Any funds belonging to said
town remaining in or thereafter CON-
ing into the county treasury of the
county in which such town was To-
Gated shall be disposed Of in the fol-
lowing manner:
Any road or bridge fund shall be ex-
pended by the county board of such
county for road and bridge improve
ments wholly within the limits of
such town; any other funds of such
town shall, by the county auditor
of such county, be used to pay all
outstanding bonds, warrants or judg-
ments against said town. If the funds
so remaining are not sufficient to
pay such outstanding bonds, war
rants or judgments, then upon petit
ton of the holders thereof, the coun-
~ duuiIol Sndll opI eau ldA levy
against the taxable property of said
town in an amount sufficient to pay
the same, which levy, however, shall
not exceed the maximum amount
which the town would have been au.
thorized to levy for the purpose OF
paying such Indebtedness if it ha6
not been dissolved. If such levy shall
not be sufficient to pay off such
bonds, warrants or judgments the
county auditor shall spread successive
annual levies in the maximum amount
which the town would have been able
to levy for such purpose if it had not
been dissolved until such warrants
bonds or judgments are paid in full
unless bonds are issued therefor as
hereinafter provided.
Sec. 4. In the event that the out.
standing bonds, warrants and judg'
ments shall exceed the maximum
amount which may be raised by one
years levy as provided for herein
the county board may issue funding
or refunding bonds in the manner
provided by law for the issuance OF
county funding or refunding bonds
to take up such warrants, judgments
or bonds. Provided, that any bonds
so issued shall not be an obrgation
of the territory formerly included III