Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1878-06-12

lPubliahed Jans Z, is7s.l
CHAPrER I,


AN ACT 70 enable the county Of Iowa and the
several towns aud cities therein TO adjust their
Indebtedness and nix the time and m~nner u
payment thereof.
The people OF the IS ste of Wisconsin, represented
ii, Senate and Assembly, 90 enact ~ iollOwyi
Section I. The board of supervisors OF tho
county Of Iowa. and tive mayor and aldermen Of
the city Of Mineral Point, and the supervisors In
the several towns IN said county are each hereby
autuorized aud empowered 70 make such adjust
mcnt Ut the several debts OF such comfy, city
aud towns. and To make such agreements Us 70
the time aud manner Of payment Of the amount
OF the same AZ ~ majority OF tWo-thirus OF
the several boards and the said common coun-
Gil Of said city shall deem fit and proper. Every
such agreement made by any Ofsuch board OF SUI
lervisOrs or mayor and aldermen. shall be re-
duced to writing, executed by the chairman and
the clerk OF SUCH board, and the mayor and clerk
OF said city ami the other party thereto. and the
same, or : duplicate thereof, shall be recorded
in the records OF such county, city or towns.
Section 2. The chairman OF the board OF SUI
peryisOrs and clerk OF said county, Tie mayor
aud clerk Of said city. the chairman and clerk Of
said towns are hereby authorized and empower
ed to execute all such negotiable coupons, botds
notes or other contracts or instrument us snail
be iii and proper 10 carry out SUCH agreement Il
adjustment tor and i'll behalf OF sucn county.
city and towns respectively; and the clerk of
said county Of Iowa, and the clerk OF SAID city OF
Mineral Point, and the clerks Of the several
towns shall make In the records OF thelr several
Offices complete record of all such bonds, notes
or agreements whatsoever, us we'll OF the date
and amount thereof as OF the time when ana
place where the principal and interest OF the
same mature and become pay able.
Section 3. 1t shall be the duty OF each and
every officer of said county OF Iowa, said city OF
Mineral Pint, and OF the several towns III said
county, who shall from time to time be cha rgeu
with ahy duty in regard to levying and collect
ingl axes in and for the said county. city and
said towns and of each of them, to see to II that
all amount of money be levied ana Collected
each and every year from the taxable property of
\, eitN AL
respectively, sufficient to pay all sums maturing
upon any bond, note. made
and executed by said county city, or any OF such
towns under the provisions oi1thls act, ~ that
notlefault shall be made thereon
Section A. 1t shall be the duty OF the clerks OF
said countr, of sad city, ma Of each OF said
towns which shall have executed any such bond,
note or agreement, under the provisions OF this
act, each and every year. to certify in the tax
rolls which they shall deliver to the treasurers of
or other officers ofsaid county city or town charged
with the duty OF collecting and receiving taxes tle
amount payable by said county, said city and
such town, for which such treasurer or other
officer acts, flr or on account of any and every
bond, contr act or agreement executed under the
provisions OF this oct during the succeeding year.
And it shall be the duty OF the treasurer of said
county, city and said towns respectively, each
year, after setting aside from tho moneys by BIN
collected sum sufficient to pay the state tax of
his county, city or town and before making any
payments on any other account 70 set aside q
sum Of money sufeienttO pay oil moneys ma
turing during such year upon any Of the bonds,
notes, contracts or agreements by said county,
city or said several towns executed and delivered
under the provisions of this uct, and at maturity
thereof to pay the same over TO the persons en-
titled thereto whether said clerk shall have GER
titled such amount or not, so that there may not
be any default In the payment OF the principal
or interest maturing upon such notes. bonds or
agreements so executed and delivered under the
provisions Of this act. 81
Secton5, This act shall take effect and be in
force from and after It's passage and publication
Approved June :, 1878. t "a