Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1873-04-18
CHAPTER IFS.

AN ACT to authorize the county of Iowa to settle
and comuromise its railroad bond indebted
The pc pie of the State of Wscousin, represented in
senate and Assembly, do enact as follows;
Sectton !. For the purpose lf compromising and
setting The he railroad boad Indebtedness oi the
county Of iowa, based and ounded upon boHds here-
tDorc issued aid i'll te construct On OF the Vim
erat Point railroad, by authority OF "au act to
authorize the counties and towns through VIII ch
the Ml2era Point Railroad passes, 10 ala in It's con-
structiuu." approved march Is, 1905 ana witch sad
Indebtedness may ut the time Of settling or com
promising the same, be represented by bonds, coup
ons OF Judgments rendered upon the came, the
Board of Super vis0rs OF the county CT Iowa sialt
have power to compromise ana settle SAD Indebted
ness or any ,.trt thereof upon such terms and
uitions ~ .sn may se"in most odEab taSeous ana
beneficial To SAID c"anty as hereinafter provided
Section 2. Inc said Board VI supervisors nj ~, IN
its discretion, appoint three of It's members om-
mttee to negotiate for such compromise or settle
ment, under the direction OF sa d board and sad
committee shall, whenev they SHAFT nave agreed
with the holder of any of sad ln"eo edhess, t0s tile
the same cause an article ot AGREEMENT III writing
be made Stating therein distinctly What is agreed 10
be settled. the terms OF settlement, both to
amount, Interest, mode aud nanner of payment,
which shall he signed ny the parties mailing the
same, and s.,l then be submitted to the Board Of
Supervisors Aforesaid for approval or disspproval.
Ii said sreenr nt he approved Ivy maj ri OF two
thirds of SAID board, the same shall be carried out
and fulfilled by said board, Tut II SAID agreement
sha fan receive such approval OF said board, il
shall be carried out or tuifiied but sna be null
and void. Lhe said Board of SUI shall have
iult control and power said commillee, and
may, at any time, all or part OF its members,
ana appoint ones in|theiT places or iDay abolish
said committee altogether
Section s. For the purpose of fulfilling or con-
summating any agreement made by the said Board
of SUPERVISORS or ty the said Con mttee, and APP.
proved above provided or Ter the pdrpoSs OF ras-
ing or BORE wing mo icy to fulfill an consummate
the same the said Board of Supervisors OF said county
of Iowa shall have power to Issue bonds with inter-
est coupons attached, eromi5sory notes, Or
ders or drafts, Tor SUCH sum or
sums, to such persons or PERSONS. or COR
poration bearing such rate rates Of interest, pt
able hotn principal and interest, at such time
times, place or places, TO order or bearer as ny
be necessary 10 fulfill said agreement or shall have
pow er to stpuIate and agree with the holder of any
of said Indebtedness, who NAV have the same IT,
Judgment, to pay certain sum and Interest thereon
into the where Judgment may be, III sHtisf cd
ton of the same the editor being permitted to hole
the Judgment security tor the fultilment Of thp
stipulations the SAID siipulations must be placed
on record in the said court and must also have frat
been agreed to by said board or said committee an
approved AS above provided.
Section 4 The bonds, promissory notes, ders
drafts and stpuations authorized hereby sha' he.
signed by the chairman of the Board of Supervisors,
If said county, aud count ersiShed by the County
Clerk who shall ax the seal of said county thereto.
The said clerk IS hereby repaired before Inc Nv
cry of any such bond, promis sory nute order drat
or stipuIatiun 70 make and keep fair anG fu rec
ord thereof in a book to be provided for that Iur-
p-se and said record may he written, or partly writ
ten aud partly prleted
Section .. The Board of Supervisors of said coun-
tv and each of the officers of said county, and the
attorneys and agents of each, are hereby expressly
prohibited fom issuing or delivering any of the
bonds prOmissory notes. orders, drafts or stl ,Hia
lions auth rized by this act, except for the pnr
nose OF settling said Indebtedness, unless the
same shall have first been agreed for and app we'd
as above provided; aud such issue or de:iye -
any such bonds, pr tory notes o ders, drafts
or stip. of either of them. except rs herein
provided. by any member of said beard, or by any
NV ha ftOP n a Hf
either sh all be deemed all embezZiem ent, and tn
perso = officer, attorney agent so offending shall.
upon conviction tere'f be punlsh by tine or I'M
prison. MT, both, at the discretion OF the
court.
Sscton6 For the prompt payment and fulfill
ment of all the bonds, promissory notes, otitis's
drafts or stipuiations, which may I've Us sirt "nd
delivered under horitv of This act the said RGafy
of Supervisors of the count! OF Iowa, are herety
required in due and prorer TINE, 10 assess afe lev
tax upon all the taxable property Of said county
from year to year a sum sufficient to pr mt Y Gn
faithfully pay, tie same may become due all
moneys agreed to be paid bs the said bond, prom.
isSorV notes orders drafts stpL'ati'ns aforesaid
and the sums 80 levied shall be collie ted with sud
IN the same manner as are other caun taxes
and all laws applicable to such other taxss shall
he applicable to taxes levied by virtue thereof;
oD6 the moneys so raised or borrowed, &C tn" taxes
lev, ed and celeced to paw the same, shtu not re
diverted or used for any other pCrp ise, or be SUB
ieet to any legal process Whatever.
Section T. ANY member of the Board Of Supervi-
sors of the said county OF Iowa, who snail neglect
reTnse or in any way avoid. to lew fhe ta' es
herein provided for, as required by TINS acl 80 ~
l.visl or any member of said board or any of7cer
Of said county, or any officer eff any tawn or CITY
in said county, or either of fhem, whp shali ne
glect, or refuse or avoid TO comp WIN any pro
vision of this act or of any law of his State, so
as to hinder or delay the collection Of said fax not
made the subject of special penalty al be guilty.
II ul.-. emeanor, and upen e9nvicpon thefelI,
shall lie i;,ed m my sam net exceeding five hun
.Ifed dollars or he impsi oned in the county jail
GOT moe than six~month-, or both. at the disere-
Ton 1T the eoart all fines imposed and coll, cfed
for a vi Ia.ion of this shah lie used excit siSely
nay the. debts aatiorized by this at
Section 3. This shalt taf effect ard be IN
force from aud at I lis passage AMI igabasatAn
Approved March IL 1874