The Ely miner., 1932-01-01

other official proceedings of said
county board, at it's said meeting on
September 21st, 1881, in the Duluth
Free Press, the official newspaper
county board. on October 10Th. 1881.
as provided by law; and all legal re-
quirements for the consideration of
the said proposal above referred to
having been complied with, and said
proposal being now before this board
for consideration thereof, a quorum
of said board members being present,
and the said proposal having been
duly considered, and no. other or bet
ter proposal having been submitted
party. and it now being deemed by
this board conducive to the best in
terestS of the county of st. Louis and
it's Inhabitants, that the county of
ST. Louis should accept said propos-
al of said Jennie Peterson, and should
Peterson, all of the parcels of land
above described. in accordance with
her said proposal to purchase the
same, as submitted to, and filed with
this board, and upon terms and con-
above referred to.
Now, therefore, be it resolved, that
said proposal of said Jennie Peter
son of Duluth, Minnesota, to purchase
from the county of ST. Louis the
of the old ST. Louis county work farm
premises. described as follows, to-wit:
The southwest quarter of the
southwest quarter ,(SWA of the
SWA) of section 2, township 50,
range 15, comprising forty acres.
buildings and improvements thereon,
subject, however, to the rights and
easements for road purposes. but
excepting and reserving to said coun-
ty of ST. Louis, as required by Sec
tion 638. General Statutes of Minne-
sofa for 1928, any and all iron ore
and other valuable minerals in and
upon said land, with the right to ex-
plore for, mine and remove the same.
proposing to pay for said above de-
scribed lands and improvements. the
sum of $4,20000; upon the following
terms and conditions, namely:
s2,7OO.OO in cash at the time of the
delivery of a duly executed contract
for the conveyance of said land by
said county to said Jennie Peterson;
every six months from the date of
sale until the full sum of $4,200.00
shall have been paid; together with
interest on all unpaid balances that
may be due on said contract, at the
rate of 6. per cent per annum; said
reckoned from the date of said con-
tract. The entire balance of said pur-
chase price to be paid not later than
five years from the date of said con-
tract, be and the same hereby is ac-
cepted as for the best interests of
the county of st. Louis, and it's in
habitantS.
Be it further resolved. that the
chairman of this board. and the
county auditor be and they hereby
are authorized and requested to exc
cute and deliver an executory con-
tract for a warranty deed in form
to be prepared by the attorney for
this board. carrying out the provi-
sions of the within and foregoing
resolution.
Be it further resolved, that posses
sion of the above described pieces
and parcels of land by the board of
work farm commissioners of st. Louis
county be delivered ito said Jennie
Peterson, upon the execution and de-
livery of said contract for a deed,
and the payment of the sum of
So, 10000 to the county treasurer Of
st. Louis county, as the first pay
pieces and parcels of land, as pro-
vided in said proposal for the pur-
chase thereof.
Be it further resolved, that all
payments made on the above de-
scribed contract, of principal and in
terest, be credited to the county work
farm fund.- as made.
Commissioner Anderson moved the
adoption of the resolution and it was
vote:
Yeas-Commissioners Hogan, Sny-
der, Anderson. Pete, Murray and Vice
Chairman Newman-6.
Nays-None.
Adopted November goth, 1881.