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Total
<br /> ,Ja.rrant 1]turibers 11at>>r.it�� Uate Yr•incipal Amount
<br /> l,� ,3 F'e In��»r;y �>, 1960 $�1,500.00
<br /> �1���'� �'�Urrl�;st �i� 1�G0 l��-j00.0U
<br /> 7,t',9 F'ek�rnarv� �a, 19b1 1,500.00
<br /> 1.U�l.l-��2 t�u��i�st y, l.y(�l 1�500.U0
<br /> _l.�i,_Ii�.15 Fe1�r.�u�ry y� 7_S'E�2 1,5�U.00
<br /> 1h,-��j,)-� xuF�ust y, 1962 1 500.00
<br /> �
<br /> 19,2�,21 . I�e�:�r u-�r,� 5>, 19C>3 1�500.00
<br /> ��,23,�It liu�-ust ��, 19(�3 1,500.00
<br /> �5,� ',��7 ��i�r�.z��ry y, 1964 1,500.0U
<br /> �!'��U��� .'��zt'ust �?� ly(ill 1 SOU.OU
<br /> �
<br /> Sectien 1_�. Said. taarrant.; and th�� coupens �ttric}iecl to them shall be in
<br /> s�:1�r;tanti�l7_v t,he �'orm sr:oi,i��i t�,y �;;i��ra.nt and cov,{�on attac}�ed hereto and made
<br /> 'z r,"rt o.t' t,ri5_s i�c ;��o.l_utz.on.
<br /> Section �. '�'lie oi.fer o�' �ta.;,e �iar��; of' Long 1:,a1:e to 1:�a,-;, ��ar f'or said
<br /> tiaarrants is hereb,y determinecl to l�e � favorabl�: of'.fer ��nc3 is hereby accepted.
<br /> 'Cl�e sai_d ti�:�,•� ar�t,G, !.ipon a^suance, s}la l..] b� �olc1 at pr�r t,o :�t� te 13ank oi' Long
<br /> I,=ike, anr� i�hr� proceeds sl�i,�.l]_ b� r��aid �nto a specia]_ fund to be �,iiown as Urono
<br /> i�utl:icu.�al. J�.ici��or _tore Ae• :e�;rtt, arici sha.1.:L t;e used sol.el_,y i"or tiie �urctiase ef
<br /> i>>ventory �uld eq��iE�ment, and_ the �-��ler2J_ expenses of.' ma.na?ement, of. tlie
<br /> �Si�tiicinal l��quor �tore. T?o pay�nc=rlt:� sh�.il]_ be made oi�t of sa:_c3 ftznd except
<br /> u��on ordrr r�i the Vi11a�e Council altr,r ���tatements ��f" ��ccount have been
<br /> nresented to the (,onn�il <nd aller�eu ai�� zpproved as �.�rovided. by law.
<br /> `^ct�c� �:. T}1ere i: Iiereb�T crE;�ted a sep�rate and st_�ecial f'und of' the
<br /> ?Tall1�Jo to be knot;7n as '�I!�anicip�l L�.��uor. ;�tore Furid", lnto said fund shall
<br /> be �a ic�, in addi ti on to tric3 procec=ds of' the s�le of warrants a.s above stated,
<br /> �].]. of thc;� revenize f'rom thc� operat-�on o f th� i i«nici�a.1 Liquor Store. Out
<br /> o f' sa.id funn shall be paicl all costs ;�f' stockin�, maant,ena�ice, improvement
<br /> ��nd carryin�; on of the said tTur.iicii�a.:l_ I_,iquor Store. Saic� costs arid expenses
<br /> �hal7_ be authoraz,ed a.i�d �,aa_d. on1Z� after �?r��r�er statemetz�te of�ccount have
<br /> bE;�n preseni�,ed to tl�e Vi:LI_���e Council azid a1lol�red aiid a�proved as provided
<br /> b�e 1?w. �om t}ie balance of said f'und shall be paid the principal and in-
<br /> terest on the ?��arrani;s issued hereunder,. as said principal and interest
<br /> shaJ]_ bc�corre d��e and ��a,ya.b]_e., accord:�_r? to the prepayment privile�e therein
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