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servi.ce. <br /> �reci;ion =LC). Iri the evetit; cf ar�;ti� cle:Catl]_t in ttie payrrient o.�' any of <br /> s�aic] U�arrat.its thc� ttol.aers tf�_e��eo.f. stia_l_:! tl�ve all tlle riE?tits, remadies, <br /> not��F;rs �rld ;>r:i_vile;�es �ra_r�ted by l��.t�� f��>r t;��e enf'crcemen�L oi' �ttieiz� rights <br /> ari f.,kie coll��ct� on o_f' said_ Z�J,�,rrants. 1�_!l o.f' tho tern�s a11d. provisions of <br /> this resol_ut�_on :�ha_11 con;�tit�z�,e a c�evF;n�int 1nd. a;-reemerit on the nart of <br /> tfie �rill_�:-e i-ra_t,h every h�lcler from t:i_me to t,im� of an.y o.f' said w:�rrants. <br /> ;!ect:i�n 1_l. T}ie Vi�l�ne Cler�: is autliox•ized ar�cl di_r.ected to prepare <br /> �nd .f'��rnisl� to tl�c>> pnrch�;:�r r�l' s�z_i�i �a��rrli�ts car�t;if:i_o,�] co�r.i_es oC all <br /> crcl�_nan.ces or .resol.ut,i_ons of th� Ji11^.� e relatin�; to i;tie cstabla_shment of <br /> a �1in?icic�a7 :�,:i.qi.ic�r �tore, the iss�.aaiice of :.�ai�1 warrants a..nd all other pro- <br /> ceecli.nr�s o_r. r.c�cr,i•d_s tiavir�;� to do �,�*it}�� t;h� E�stablis}nnen�t oi' t}ie I-qunicipal <br /> I�1Cl!LOT' :if,OT'E'. <br /> Secticn 1�, '^h�� tii11.^.E�e Coiiric:i.l_ c�,��enani,s ta7_th the Ylolders of the <br /> ���nz•r���.nts tY��t, „�t�J_ the r,rirlc:ir,�l_ �nci ati�k,er•est thereoz liave f�een f'ully paid, <br /> i�t, �rrill on�rat�e ;;as_d r�l�nicit��1_ I,i.q��or ;�_;�(,orc� in a sound, efi'icient and busi- <br /> n�ss like m��riner with a vi_eta to e-�rrlin�= suff'ic:Letit r•evenue to pa,,, the warrants <br /> auct coui�et�s, but e Jl�ress I_,•v subject to ��]_1 of the rules, _laws and regulaticns <br /> of' t�l�e State nf' ;lin�iesot=� and o!:' sa.icl ''a_i.l,�-e now in i'or•ce �r wh'�ch sllall <br /> }l�re�f"ter be; nas;,ed re.la.tin�- to Ftle epc:raLiori ef siac]i iii.in:ici.�:>a=l_ L:i.quor Store. <br /> ���ct�_on 1.3, i f at an}r time th� m� ney in t;he I�unica_pal I�iquor ;�tore <br /> Tiznd is i.ns�zffici.ent �;o pa� �u�inci,�a.l a.nd interest on trie warrants issued <br /> 11�reunder t�ilri.ch sha)_1 then be d��c, the s�.id morie�r shall. f'irst be used to pay <br /> tlie interest, arid t�}ie bal�.nce sh�=L1 �» applic;d in x�a�;ment o�' matizrang principal <br /> in �ccordancc; �rith the serial niur�bc, .rs c�f' the Z�larrants. The Villa�e may, with <br /> t�ie consent ut' the holders of said m-�ti�rinrr Vrarrants, refund the same by <br /> issuin� nc;w taax•rants on a parity i,r:ith the orir*ina:L tJarrants, b�at maturin� <br /> -�t �� later d�te, �nd may exch�n�e thc .aid neta warra.nts .f'or such maturing <br /> w��rrants. <br /> -:- <br />