The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1936-03-12

shall be signed by the chairman OF
the county board and counterslSneq
and sealed by the county auditor OF
said county: that the interest accru-
ing on said bonds shall be evidenced
by coupons thereto attached maturing
on the several dates when Such m
terest natures and that such coupons
be signed by the said chairman ana
said county auditor by their facsimile
signatures, which officers respec-
lively shall by the execution or SAID
bodns adopt as and for their respec-
tive and proper signatures their re-
spective facsimile signatures appear
ing on said coupons.
Section 8. That each of said bonds
and coupons be in substantially the
following form:
(Form of Bond)
UNITED STATES OF AMERICA
State of Minnesota, County OF ST.
Louis County Poor Fund Bond
No 81 ,000. 90
Know all men by these presents.
that the county of st. Louis, in the
state of Minnesota. hereby acknowl-
edge itself to owe and for value re-
ceived promises to pay to the bearer
the sum of one thousand dollars
(S1, 600 00) on the first day of March,
49,. with interest thereon at the rate
of ...... per cent $50 per annum,
payable semi-annually on the first day
of March and September of each year,
on presentation and surrender of the
interest coupons hereto attached, as
they severally become due. Both prin-
cipal hereof and interest hereon are
payable in any coin or currency
which. on the respective dates of
payment thereof, is legal tender for
the payment of public and private
debts. at the office of the county
treasurer of st. Louis county, in the
city of Duluth. Minnesota, or at the
Irving Trust company of New Iork.
| New York, at the option of the holder
| of said bond.
For the prompt payment of this
| bond. both principal and interest at
maturity. and for the levy of tax
| sufficient for that purpose, the full
| faith. credit and resources of said
/ county are irrevocably pledged.
This bond is issued by said county
| for the sole purpose of providing fundS
: for paying and discharging the exist
! ing overdraft or shortage in the poor
| fund of said county, and for funding
| any and all orders or warrants hereto
! fore drawn or issued by the county
poor commission of said county upon
| said poor fund. and is authorized by
resolution duly and properly passed
by the board of county commissioners
of said county. pursuant TO the pro
| visions of chapter 120, laws of Min
| nesota for 1888. as amended by chap
j and the certificate of emergency by
| the governor of Minnesota.
And it is hereby certified and re-
| cited that all conditions. acts and
things required by the constitution
and laws of Minnesota to exist or to
be done and performed. precedent to
and in the issuance of this bond. did
exist. have happened. been done and
: performed in regular and due form
and time as required by law. that the
indebtedness of said county, including
this bond. does not exceed any limi-
tations imposed by law.
In testimony whereof, said county
of st. Louis, by its county board has
caused this bond to be signed by its
chairman. and countersigned by the
county auditor. and the seal of said
county auditor affixed hereto. and
the coupons hereto attached to be
signed by said chairman and county
auditor by their facsimile signatures
which officers do respectively, by the
execution hereof. adopt as and fol
their respective signatures. their re-
spective facsimile signatures appear
ing on said coupons. on this first day
of March. 1886.
Chairman of County Board.
DfC r &c. linn Cnt 10