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

BY Commissioner Pasich:
Whereas, the board of county COM
missioners of St. Louis county. Min
nesota. on January %. 1886. duly I
adopted a resolution determining in |
and by said resolution so adopted on !
said date. that during the year 1885, |
lin administering poor relief in st. |
Louis county. said county incurred |
deficit and oyerdraft of approximately |
$500. 100000 at the close of it's business
on December 81. 1885. and that the
financial condition of said county
would not permit the payment of said
deficit and oVerdraft out OF regular
funds derived from taxation. and that
1t was not possible or practicable in
view of other governmental needs of
said county to secure the necessary
funds from such sources: that an
emergency exists, and that the gov
ernOr of the state of Minnesota was
requested under the provisions of
chapter 120. laws of Minnesota for
1888. as amended, after reviewing the
situation in said county to issue his
certificate that an emergency exists
in said county sufficient to warrant
the issue of the bonds of said county
for poor relief purposes in an amount
mot exceeding $500, 100000, which reso-
luton so adopted on January %, 1886,
now on file in the office of the county
auditor of st. Louis county is hereby
referred to for fuller particularly:
and
Whereas "a duly certified copy of
said resolution so adopted on jan
uary %. 1896, was thereafter filed with
FLOYD b. Olson. as governor of the
state of Minnesota. and such further
facts and information regarding said
deficit and the needs of poor relief
in said county as he required. were
furnished to said governor: and
Whereas. under date of February
5. 1886. said Floyd B. Olson as gov
ernor of said state of Minnesota. duly
signed his certificate of existence of
an emergency. as determined by him
in said certificate and duly filed the
same in the office of the county au-
ditor of st. Louis county on Feb
ruary 6, 1886. which executive GER
tificate of existence of emergency is
worded as follows:
"EXECUTTVE CERTIFICATE OF
EXISTENCE OF EMERGENCY
Whereas. the county board of ST.
Louis county. Minnesota. has adopted
and submitted to me a resolution. de-
claring an emergency to exist making
1t necessary to borrow three hundred
thousand dollars without submitting
the question of issuance of bonds or
other evidence of Indebtedness to a
vote of the electors of said county;
and
Whereas. after investigation I find
that said amount is within the rea-
ty IN providing support and relief of
poor persons having a legal settlement
therein: and that no other funds are
available to meet the same; and that
il is neither possible nor practicable
Z in view of the other governmental
needs of said st. Louis county to Sc
cure said amount from other sources
or by the regular methods of Dor
rowing;
Now. therefore. and pursuant to
the authority vested in me by the
provisions of chapter 120, session
laws 1888. l do hereby certify that an
: emergency exists in the county of st.
Louis sufficient to warrant the is
bonds in the aggregate amount OF
three hundred thousand dollars.
FLOYD B. OLSON,
Governor of Minnesota.
February 5, 1885,
and.
q Whereas, from the books and rec
ords of the county auditor and the
poor commission of st. Louis county,
Minnesota; it appears that on jan
uary 1. 1886. the poor fund of said
county of st. Louis which had been
budgetted, levied and assessed for the
support and relief of the needy poor
in said county for the year ending
on December 81 1885, had been eX.
obligations contracted during SAID
year of 1885, in the amount of 1914,
1904 then existed: and that saiC
county was without any funds avail
able for the payment of said overdraft
and that on February /, 1896. there
was an existing deficit and overdraft
upon and against said poor fund
carried over from the year 1885 o.
1914, 16O.54; and
Whereas, in the judgment of the
county board of said county an emer.
gency now exists and has existed
since December 81. 1885, with refer
ence to the support of the need,
poor in st. Louis county. and that i
is necessary and for the best inter
. estS of said county that it should
issue the poor fund bonds of sait
county to defray the cost of sucl
support and relief of the said needy
poor persons having legal settlement
i'm said county. in the amount o
$500. 100000. without submission of the
proposition for the issuance of sait
bonds to a vote of the electors o.
said county; and
Whereas. in the Judgment of thi
board it is necessary at this time an(
that ii is for the best interests of tn,
county of st. Louis to sell $500. 900 .0t
in amount of the bonds of said count,
to defray the cost already incurred in
the support and relief of said needy
poor in said county. which poor funt
bonds have been duly authorized t.
be issued and sold in accordance will
the provisions of chapter 120. laws o.
~hluHeSOJd IOT 1855. as amended.
Now. therefore. be it resolved by
the board of county commissioners OF
st. Louis county, Minnesota
Section l. That pursuant to the
authorization and facts. certified t.
bv the governor of the state OF
Minnesota. in his said certificate. an6
hereby found and determined to exist
the sum of $500, 100000 is required t.
paw the deficit and overdraft here.
tofore and now existing and incurred
N ha FINN Of e,aiI
the year 1885. That by the issuance
land sale of Door fund bonds i'm SAID
amount of $300.000.00. the aggregate
net Indebtedness of said county in
elusive of said bond issue will not
exceed ten per cent (10%6) of the as
sessed valuation of all the taxable
property in said county according to
the last official assessed valuation
thereof
Section 2. That in the judgment
of the board of county commissioners
of st. Louis county. Minnesota, TO,
the purpose of borrowing said sum
of three hundred thousand dollars
CS30O. 100000 for the purposes afore-
that the bonds of said county should
be issued and sold in the amount OF
$4,000 par value. as authorized
bv chapter 120 laws of Minnesota for
1888. as amended by chapter 4S, laws
Of Minnesota for 1895. which bonds
shall be dated March /. 1886: shall
pc consecutively numbered from one
- to three hundred 5000. both num-
oers inclusive, shall be of the de-
nomination of one thousand dollars
Isl. 000.00) each, shall be due and
payable as follows. to-wit: Twenty
thousand dollars (s20.000.00) in
mount on March 1. 1887. and twenty
thousand dollar (s20.000.00) in
mount on March first of each of the
years from 1888 to 1941. both years
inclusive: and fifty thousand dollars
$50, 000.00) in amount on March first
Vt each of the years from 1912 tc
945A both years inclusive: all of said
Ionds to bear interest at the interest
ate specified in the bid of the sue
.essful bidder for the purchase OF