Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1934-11-01
PROCEEDINGS OF
COUNTY BOARD
Official Minutes From County Com
missioners Meeting Held at the
Court House In the Village
Of Pine City.

oc ASSr0 is. 1874. One O'clock p. m.
of Pine 0S COUNTY S met Su this day
to adjournment. All members present.
The petition of VIM. Pulkrabek ask
aas W thst Of ne W.T. Wa n Sections
be set off from school District No; "a
to. District No. 4S came on for final
hearing. After hearing parties inter
Mrs. Mary sheihorse filed petition
in which she asked that she with her
ton 29-44-2O. be set off from School
District No SIS to District No. 6: Hear
ing on this petition will be held on the
in the afternoon at a meeting of this
board held in the office OF the county
auditor in Pine City village.
peared before the board asking the
board to guarantee his keep at the SAN
atorium at Acknowledging. No action
The county auditor reported he had
conveying to the county the NWA of
SWA seeti1n 5issI t The auditor aDs
half of the 1888 taxes and have the
deed recorded.
The First state Bank of Ffnlayson
tional Bank of Pine City. submitted
additional security for deposits Of coun-
ty funds. These were all approved.
by John Ethel. who moved its adoption:
Whereas the County of Pine and
State Of Minnesota in the year 1927.
its certain bonds in the aggregate sum
of 100000. for the purpose of refund
ing outstanding warrants which said
nesota for value received. and $4,000
of the same are now outstanding
against the said county and are unpaid;
county deems that it is for the welfare
of said county to issue its bonds to the
State of Minnesota to refund $4,000 Of
its obligations aforesaid. which mature
Now Therefore. Be 1t Resolved. by
the governing body OF said couny at
a duly called meeting thereof. legally
held on the 18th day Of October 1894.
quorum being present. that under and
by virtue of Sections 1859 to 1868, Ma
sons Minnesota Statutes Of 1927. and
acts amendatory thereof. said county
shall for the purpose of refunding said
bonds issue and negotiate to the State
Of Minnesota. its refunding bonds In the
aggregate amount of $4,000. dated from
issue. bearing interest at the rate Of
four and one-Quarter per centum per
annum. to mature and to be OF the
respective numbers and amounts as
hereinafter set forth
One Bond for the sum of $4,000 pay
able July l. 194S;
able July 1. 1949 and that the proceeds
arising from the sale thereof be used
for the purpose of refunding said bonds.
and no other; that the treasurer of
said county. be and he is hereby author
lied and directed to make application to
the State Board Of Investment Of Min
nesota for loan of the amount and
character and upon the terms and con-
ditions herein specified, that all other
officers are authorized and directed
hereby to make. execute and deliver
such papers and to furnish such infOr-
nation in connection with said applica-
ton and the issuance of bonds pursuant
thereto as may be required by the said
State Board of Investment; that upon
the approval Of said application by the
said board the chairman and clerk of
this governing body be and they are
authorized and directed hereby to sign
and execute such bonds and the treas
urer to counterSign the same and de-
liver them to the State of Minnesota
and upon receipt Of the principal sum
thereof said treasurer is hereby directed
to apply the same for the purpose of
refunding the said bonds and not other
wise.
The motion being duly seconded by
Harry Gebhardt was put to vote and
prevailed yeas no nays.
A letter in regard to interest paid on
county funds by State Bank of Rush
City was read. No action taken.
The county auditor was instructed to
sell old storm windows and other ma
terial left after repairing the court
house.