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198.
<br />198.
<br />April and the first day of October in each year, plus additional
<br />interest, represented by a separate set of interest coupons,. at
<br />the rate of two and forty hundredths per cent (2.400 per annum
<br />from November 22, 1863 to April 1, 1865, payable October 1, 1864
<br />and April 1, 1865, in accordance with and upon present~fi~ion and
<br />surrender of the interest coupons hereto attached, which are in
<br />two sets, one representing interest from the date hereof to ma-
<br />turity at the rate of three and ten hundredths per cent (3.100
<br />per annum and the other representing additional interest at the
<br />rate of two and forty hundredths per cent (2.400 per annum for
<br />the period November 22, 1963 to April 1, 1965. Both principal
<br />and interest are payable at The American National Bank of .Saint
<br />Paul, St. Paul, Minnesota, in any coin or currency of the United
<br />States of America, which on the date of payment is legal tender
<br />for public and private debts.
<br />All bonds maturing in the years 1982 and 1883 (bonds num-
<br />bered 151 to 180, both inclusive), are subject to redemption and
<br />prior payment at the option of the Village, in inverse order of
<br />their serial numbers on October 1, 1865,. and nn any interest pay=
<br />ment date thereafter. .All bonds maturing in the years 1974 to
<br />1881, both inclusive (bonds numbered 61 to 150, both inclusive.),
<br />are subject to redemption and prior payment at the option of the
<br />Village, in inverse order of their serial numbers on October 1,
<br />1973 and on any interest payment date thereafter. Bonds so re-
<br />deemed shall be redeemed at a price of par and accrued interest,
<br />plus a premium of $30.00. At least thirty days prior notice of
<br />redemption shall in each case be given to the bank where said
<br />bonds are payable and to the last known holder. Holders desir-
<br />ing to receive such notice must register their names, addresses
<br />and bond numbers with the Village Clerk.
<br />This bond is one of an issue in the total principal amount
<br />of $180,000, all of like date and tenor, except as to maturity,
<br />interest rate and redemption privilege, which bond has been issued
<br />pursuant to and in full conformity with the Constitution and laws
<br />of the State of Minnesota, for the purpose of providing money for
<br />the construction of sanitary sewer, watermain, and street improve-
<br />ments for said Village, and is payable out of the Watermain and
<br />Sanitary Sewer Improvements of 1g 63 Fund of the Village. :This bond
<br />constitutes a general obligation of the Village, and to provide
<br />moneys for the prompt and full payment of said principal and in-
<br />terest when the same become due, the full faith and credit of said
<br />Village have been and are hereby irrevocably pledged.
<br />IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions
<br />and things required by the Constitution and laws of the State of
<br />Minnesota to be done, to happen, and to be performed precedent to
<br />and in the issuance of this bond have been done, have happened and
<br />have been performed, in regular and due form, time and manner as
<br />required by law, and this bond, together with 'all other debts of
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