Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1941-07-10
PROCEEDINCSOF
COUNTY BOARD

Extract Of Minutes Of Meeting o<
the Board Of County Commissioners Of
Pine County. Minnesota. held June ID.
1871.
Pursuant to due call and notice
Board of County Commissioners Of
Pine County, Minnesota, was duly
held at the Commissioners Room in
the Courthouse at Pine City. Minne-
sofa, on the 18th day Of June. 1871.
The following commissioners were
present: c. A. Pearson, w. G. Aus
mus. Magnus Christensen. Hollis Laid
and Harry Gebhardt and the follow
Ing were absent: None.
Mr.. Carl Kali Of Minneapolis, Min
nesota. appeared before the Board and
presented e Proposed snS %S" contract for the
OF the County. After due consideration
thereof. Commissioner c. A Pearson
introduced the following resolution
and moved its adoption:
BE 1T RESOLVED by the Board Of
County Commissioners Of Pine County.
ment of First National Bank and
Trust Company Of Minneapolis to pur-
chase $4,000 Refunding Bonds, bear
ing date July !; 1941. bearing interest
at the rate OF 2ts% per annum. pay
tally on July 1 in the amount Of
$4,000 in each Of the years 1913 to
1851. both inclusive. Is hereby &C.
cepted. and the Chairman and County
Auditor are hereby authorized and d.
rected to sign an acceptance Of said
offer.
The motion for the adoption Of the
foregoing resolution was duly second.
ed by Commissioner Hollis Ladd. and
upon vote being taken thereon the
Following thereof.
A. Pearson, w. @. Ausmus, Magnus
Christensen. Hollis Ladd and Harry
Gebhardt and the following voted a.
gainst the same: None whereupon said
and adopted.
Commissioner Harry Gebhardt in:
PRODUCED the following resolution and
moved its adoption:
Ma5REs s The ss Gssn'z h fnS 4Ss;
Bonds. bearing date April 1. 1888.
bearing interest at the rate Of shH
per annum. payable semiannually. and
maturing serially on April In the
WHEREAS. said bonds are subject to
redemption by the County on any In
Vow. THEREFoRE. BE TT RES
9h ,sGBel BY the P Boa5S Of COUNTY co%
that said outstanding. Funding Bonds
Series B shall be called for payment
and redemption on October I. 1871. at
par and accrued interest. and the
and directed to notify the State Board
of Investment the owner Of said
bonds. Of said call for redemption.
The motion for the adoption Of ths
BY COMMISSIONS Hollis LAdd. and up
on vote being taken thereon the fol.
lowing voted in favor thereof: C. A.
Pearson. W. G; Ausmus. Magnus
Christensen. Hollis Ladd and Harry
gsinst the same: None. whereupon said
resolution was declared duly passed
and adopted.
Commissioner c.. A. Pearson intro:
duced the following resolution and
BE IT RESOLVED by the Board Of
County Commissioners Of Pine County.
Minnesota, al follows:
g. 1. It Is hereby Determined that II
the negotiable coupon refunding bonds
of Pine County in the amount Of $780,.
900 for the purpose OF providing mon
ey to refund and pay the entire am.
Funding Bonds o Of the county dated
April 1. 1889. said refunding bonds TO
be dated July /; 1871. to be in the
amount Of $4,000: to be in the de-
nomination ts1 . Ct $1,000 each; to bear in IN.
mum. and to mature serially on July
I in the amount of $4,000 in each Of
the years 1913 to 1851. both inclusive.
2. The Board Of County Commits
sioners shall meet at the Commission
ers' Room in the Courthouse at Pine
City. Minnesota. on Monday. the 18th
day of July. 1871. at 200 Pm. for
the purpose Of opening. receiving. and
considering bids for the purchase Of
said bonds. and the County Auditor
Is directed to give notice Of the sale
of said bonds by publication for two
weeks in the official county newspaper.
Said notice shall recite that the bonds
will h. delivered on or prior to Oc-
tohc- !. 1911. whenever the outstand-
ing binds ere surrendered for pay:
menf. md ri II require a certified
check n the amount Of at least $500.
The motion for the adoption Of the
foregoing resolution was duly second
ed by Commissioner Magnus Christ
Jansen, and upon vote being taken
thereof the following voted In favor
thereof: c. A. Pearson. w. G. Ausmus,
Magnus Christensen Hollis Iadd and
Harry Gebhardt and the following
voted against the same: None. where
upon said resolution vas declared du-
ly passed End adopted.
There being no further business. on
motion the meeting adjourned until
July I, 1871 at 10 O'Clock A NJ.
w. G. AUSMUS
Chairman CT County Board
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