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<br />VILLAGE OF ELK RIVER COUNCIL MEETING <br />October 3, 1914 <br /> <br /> <br />A Special meeting of Village Council was held at the Office of C.F. Firman Pres on Friday evening <br />rd <br />Oct 3, 1914 <br /> <br />Present C.F. Firman Pres, F.M. Plank, E.E. Scott and Ed Keegan Trustees and W.F. Chadbourne <br />Clerk <br /> <br />“Pursuant to call duly issued, the governing body of the (1) Village of (9) Elk River in the county of <br />rd <br />(9) Sherburne and State of Minnesota, met therein on the 3 day of October, 1914, and thereupon, a <br />quorum consisting of a majority of all the members thereof being present (3) F.M. Plank, a member <br />thereof, offered the following resolution and moved its adoption: <br /> <br />RESOLVED that, in the opinion of the (4) Council of the Village of (9) Elk River, in the county of <br />(9) Sherburne, and State of Minnesota, it is expedient to issue to the State of Minnesota the bonds of <br />said (1) Village to the aggregate amount of (5) $7500 for the purpose of (6) refunding the bonds of <br />stst <br />said Village in that sum issued to the State of Minnesota, dated July 1, 1905, and maturing July 1, <br />1915, for the purpose of building Mississippi River Bridge at Elk River and (6 ½) to bear interest at <br />the rate of 4 per centum per annum, to mature and to be of the respective number and amounts as <br />hereinafter set forth: <br /> <br />st <br />1. One Bond for the sum of $500 Payable July 1, 1920. <br />2. One Bond for the sum of $500 Payable July 1st, 1921. <br />3. One Bond for the sum of $500 Payable July 1st, 1922. <br />4. One Bond for the sum of $500 Payable July 1st, 1923. <br />5. One Bond for the sum of $500 Payable July 1st, 1924. <br />6. One Bond for the sum of $500 Payable July 1st, 1925. <br />7. One Bond for the sum of $500 Payable July 1st, 1926. <br />8. One Bond for the sum of $500 Payable July 1st, 1927. <br />9. One Bond for the sum of $500 Payable July 1st, 1928. <br />10. One Bond for the sum of $500 Payable July 1st, 1929. <br />11. One Bond for the sum of $500 Payable July 1st, 1930. <br />12. One Bond for the sum of $500 Payable July 1st, 1931. <br />13. One Bond for the sum of $500 Payable July 1st, 1932. <br />14. One Bond for the sum of $500 Payable July 1st, 1933. <br /> <br />That the proposition of issuing said bonds be submitted to the electors of said (1) Village of (9) Elk <br />th <br />River at the special election to be held therein on the 20 day of October, 1914, and that due notice <br />thereof be given as required by law.” This motion was duly seconded by (3) E.J. Keegan a member <br />of said governing body voted for it, and thereby it was adopted and so declared. <br /> <br />“Pursuant to notice duly given, a copy of which marked Exhibit “M” hereinafter appears, and in <br />accordance with the foregoing resolution a special election was duly held in the (1) Village of Elk <br />th <br />River, in the county of (9) Sherburne and State of Minnesota, on the 20 day of October, 1914, at <br />which election the proposition of issuing certain bonds to the State of Minnesota, contained in that <br /> <br />