Missouri Revised Statutes Title VII. Cities, Towns and Villages § 95.430. Bonds, how sold--proceeds, how applied

Such bonds shall be sold as directed by ordinance, or, in the absence of such directions, by the city treasurer, and the proceeds thereof shall be applied and used for the payment of the judgments and decrees for the payment whereof the same were directed to be issued; provided, however, that said bonds shall not be sold for less than par.