The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-04-06
COMMISSIONERS
PROCEEDINGS
REDWOOD COUNTY, MINI.
March 21, 1899

The Board of Redwood County
Commissioners convened i'm special
session on the 2lst day of March,
1899. Chairman Herman Muetzel call
ed the meeting to order and the fol-
lowing board members were present:
Philip RaVeling, Herman Beckman, j.
l.. Kragh, Edwin Wells and Hera1an
Muetzel. The board then proceeded
with the business at hand.
On motion of Herman Beckman and
duly passed, the County Auditor was
instructed to cancel $l55, 100000 bonds
covered by refunding application
Number $500.
The following resolution was Of
fered by Herman Beckman, who
moved it's adoption:
WHEREAS, The County Board in
the County of Redwood and State of
Minnesota i'm the years 1916, 1917,
make, execute and deliver its certain
bonds i'm the aggregate sum of ST.
SOC, 10000 for the purpose of con-
structing county bitches in said
county. which said bonds were sold
to various Banks and per.ons for
valuo received, and 1894 10000 of the
same are now outstanding against the
said Redwood County and are un-
paid;
WHEREAS, the governing body of
said Redwood County deems that it
is for the welfare Of said County to
issue its bonds to the State of Min
nesota to refund $4,000 of its OBJ
LEGATIONS aforesaid, which mature
1899
NOW. THEREFORE,. BE 1T RE
SOLVED, by the governing body of
said Redwood County at duly call
ell meeting thereof, legally held on
UNI being present, that under and by
virtue of Sections 1859 to 1868,
Mason's Minnesota Statutes of 1927,
and acts amendatory thereof, said
Redwood County shall for the purpose
of refunding said bonds issue and
negotiate to the State of Minnesota
its refunding bonds i'm the aggregate
amoant of $l50,G00, dated from issue,
bearing interest at the rate of three
PEI 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,
Payable July l, 1914
2. One Bond for the sum of $4,000,
Payable July /, 1915
3. One Bond for the sum of $4,000
PAYABLE July | 1916
4. One Bond for the sum of $4,000,
Payable July /, 1947
3. One Bond for the sum of SIS, 900,
PAYABLE July |, 194S
G. One Bond for the sum of SIS, 200,
Payable July l, 1949
Z. One Bond for the sum of $4,000,
PAYABLE July l, 1850
g. One Bond for the sum of SIS, 000
Payable July /, 1851
9. One Bond for the sum of $4,000,
Payable July j, 1852
1C. One Bond for the sum of $751;
00G, Payable July l, 1853
and that the proceeds arising from
the sale thereof be used for the pur-
pose of refunding said bonds, and no
other; that the treasurer of said
Redwood County, be and he is here
Ey authorized and directed to make
application to the State Board of In
UpStnanf of Minnesota for a loan Of
the amount and character and upon
the terms and conditions herein
specified; that all other officers are
authorized and directed hereby to
make, execute and deliver such
papers and to furnish such informa-
ton i'm connection with said applica-
ton and the issuance of bonds pur-
suant thereto as NAV be required by
the said State, Board of Investment:
that upon the approval of said APP
plcation by the said Board the Chair
man of the County Board of Red
wood County and the County Auditor
OF this governing body be and they
are authorized and directed hereby
to sign and execute such bonds and
tho treasurer to countersign the
same and deliver them to the State
OF Minnesota, and upon receipt of
the principal sum thereof said Urea
Surer is hereby directed to apply the
Same for the purpose Of refunding the
said bonds and not otherwise"
The motion being duly seconded by
Ed Wells was put to a vote and pre-
vailed five yeas no navs.
On motion of j. p. Kragh and duly
passed, the County Auditor was in
structed to transfer $4,000 from the
Revenue to the Extension fund.
On motion of Herman Beckman and
duly passed, the board adjourned.
HERMAN MUETZEL,
Chairman of the Board.
Attest: IRA r. ROGERS,
County Auditor.