10-03-1914 VCM - Laserfiche WebLink

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nd certain resolution adopted by the governing body of said (1) Village of (9) Elk River on the 2 day of October, 1914, was duly submitted to the qualified electors thereof. The vote was by ballot, a copy of which, marked Exhibit “O” hereinafter appears. The ballots were cast in a special box. The election was held open for the time required by law and thereupon the ballots cast thereat were duly counted and canvassed; whereupon it duly appeared that there had been (5) 35 ballots cast at said election, of which (5) 35 were in favor of said proposition and (5) none opposed thereto, and such result was thereupon duly declared.” th “On the 24 day of October, 1914, at the (1) Village of (9) Elk River in the county of (9) Sherburne and State of Minnesota, the governing body thereof met pursuant to due notice and thereupon, a quorum thereof being present, (3) F.M. Plank a member thereof offered the following resolution and moved its adoption: “WHEREAS, it satisfactorily appears that a special election was duly held in the Village of Elk River th in the County of Sherburne and State of Minnesota, on the 20 day of October, 1914, and at such election the proposition contained in that certain resolution of this governing body thereof, relative to the issuance of certain bonds to the State of Minnesota, adopted at a meeting thereof held therein th on the 20 day of October, 1914, received a majority of the ballots cast thereat: NOW, THEREFORE, BE IT RESOLVED, That the treasurer of said (1) Village make application to the State Board of Investment, of Minnesota, for a loan of the amount and character and upon the terms and conditions specified in said resolution; that thereupon the granting of said application, the (7) President of Village Council and (2) Village Recorder of said (1) Village be and they hereby are authorized and directed to make, execute and deliver to the State of Minnesota, when countersigned by the treasurer of said (1) Village of Elk River, its bonds conforming to said resolution and application, and all other officers are hereby further authorized and directed to make, execute and deliver the necessary papers and furnish all necessary information in connection with the issuance of the foregoing bonds and the application to said State to purchase the same, as may be required by said State Board of Investment, which motion being duly seconded by (3) W.F. Chadbourne, a member thereof, was put to a vote and it appearing that a majority of the quorum present had voted in favor thereof, it was thus carried and so declared.” “The governing body of the (1) Village of Elk River in the county of (9) Sherburne and State of Minnesota being in session duly assembled, a quorum, consisting of a majority of all the members thereof, being present and acting, (3) F.M. Plank a member thereof offered the following resolution and moved its adoption: “WHEREAS, In the year (5) 1905 said (1) Village being thereto duly authorized, did make, execute and deliver its certain (8) Bonds for the purpose of (15) building a bridge across the Mississippi River at said Village in the aggregate sum of (5) $7500 dated the First day of July, 1905, bearing interest at the rate of (5) 4 per centum per annum, and thereafter duly sold and disposed of the same to (9) the State of Minnesota for value received and the same are now outstanding and unpaid and constitute a valid and existing indebtedness of and against the said (1) Village, and the same are (10) due