The Superior times. [volume] (Superior, Wis.) 1870-1912, 1889-04-13
You HAY Vote R. &. Bonds.
no. CSC, Al

no ESQ, Al published, April 3, 1851
CHATTER 223.
AN ACT 20 authorize any Of the towns or III
cOFpuIdtcd Villages cities in any or either uf
the counties Of Pierce, It. CruiX. Douglas, Polk
or l5uilicti IN the state OF Wisconsin to issue
bouds . aid III the construction Of the Duluth
led wing and southern Eaiir0aU Company,
Through, or into any Of such counties.
The PEOPLE Of the state Of Wisconsin represented
IN the Senate do enact as follows:
Section l. That it shall lie lawful for any town
incorporated Guy or village in any either OF
tHe counties of pierce, 81. CroiX, B0Ig.as, Polk
hegoiiatie bai-as 81 any such town, Incorporate
GO city or village, for the purpose Of aiding The
bHluth, Rcd Wig and southern Railroad Com
paAy III TIE construction 81 il railroad. through
or INTO any or either Of said counties, or through
or into any such town or incorporated city or
village. such bonds shall lie in sums ufn8t less
than one hundred dollars. nor more than one
thousand dollars, each, shall be made payable 10
the said railroad company or bearer, at such
Pi.tcc Nlthil tle Hited states as may he deter
mined, shall Bear interest payable either annual
~ or selnl-ahnUaily at rate not exceeding six
per centum per anuum, the principal thereof
shall mature ut such time or times uOI exceeding
date thereof. may he in each ease determined,
and shall be issued i'll the manner hereinafter
provided.
Section ,. Whencvera petition signed by not
less than twenty-five legal voters ana resident
taxpayers o! any such town, or incorporated city
or village, shall be presented 10 the city. com
mon council, other ike or similar municipal
authority Of any such incorporated city or viii
iage or to The beard Of supervisors or like or sim
liar authority Of any such town, asking that the
question OF issuing the bonds OF any such town.
Incorporated CITY or village for the purpose of
aiding IN the construction Of the railroad vi said
colHlnilHr u lie submitted 10 The legal voters OF
any such town or Incorporated city or village for
their determination, ana which petition shall
stare the amount OF such proposed bonds the rate
OF interest thereon, and whether payable amnu-
ally or semi-3nnuoily the time or times when
such bonds viii NATURE the place where the
principal and interest Of such bonds SHAH be
made payable. and the conditions upon which
such bonds shall be issued and delivered to said
railroad Company; II shall be the duty of any
such city or common council or other like or
similar municipal authority of any such city or
village, or Of any such board of supervisors. or
other like Or similar authority of any such town,
forthwith to order, and give notice of special
election to be held Within such town, city or vii
lagG. at which election the question Of the iSsu-
ing OF such bonds will he submitted to the legal
voters OF such town, city or village for their APP
pTOSal or rejection, and which election shall be
held within thirty days after the presentation of
any such petition Notice of such election shall
be given by the publication in a newspaper if
there DC one printed aud published in such town.
city or village. and also by posting in five public
printed and partly written notices of such ell
ccion II there be no newspaper 50 printed and
published, then sGch nDticc shall lie given by
the posting as aforesaid of such notices Such no
tees shall bc 50 posted. and ii so published the
first publication thereof made. at least twenty
days before the day appointed for such election.
Htlth notices snail distinctly specify Inc TIME ana
place Of holding such election, the amount of
such bonds proposed 10 be issued the time or
times when the same are 70 mature, the rate Of
interest thereon and whether payable annually
or semi annually, the place whore the principal
and interest on such bonds is 70 be made payG-
bic, and the conditions upon which the same are
TO be issued and delivered 20 said raiiiOad COM
pauy. ne voters at any such election voting
i'll favor OF the issuing OF such bonds shall use
balloss on which shall be written or printed. or
partly Written and partly printed the words for
rairpad bonds Aud those voting against the
issuing of such bonds. shah use ballots on which
shall be written or prhtgd, or partly written and
bonds Amy and all such elections shall he
conducted, aud the ballots caBVaSscd as nearly
as may he in accordance with The mode pre-
syrlbeu by laW for the conducting Of elections in
and for any such town, village or city If Il ma
j0ry Of the legal votes east at any such election
s. a lie ia flvur Of the issue of such bonds the
supervisors of the town, or the common council
or other proper municipal authorities OF any such
city or age, as the case NAV be, shall issue
aud deliver TO sald railroad company, or Its as
signs The bonds 50 voted, upon the performance
by said ccmI any Of tie conditions upon which
the same were to be issued and delivered. il
majority of such votes so cast shall he against
TIE issue of such bonds then the same Shalt not
be issued. Provided that ii majority of such
No Is be against the i Sue Of such bonds the
said town. city or village authorities shall again.
ana 50 often as petition rs aforesaid shall be
presented To such authorities in like manner
submit e. sslch voters the same or adiGercnt pro
position for the issue 10 said railroad company
OF the bonds of such town. city or village; pro-
yIGed that any rgsubGiSsiou ia such voters said
proposition shall not be IN less thaa one year
subsequent to any former vote
Section ,. such bonds shall be signed ny the
town supervisors of sueh town, or tbe mayor or
oher proper municipal officer Of aud such city
or village 50 issuing TIE same, and shan be al
tested by the town, city or village clerk or re-
co:deF thereof, as the may be, and shall
be sealed with the cGrpaIate seal Of sucn NUM-
cmlity ii il ave such seal. The interest ac
cruing upon such bonds shah be represented by
coupons to sach bonds attached. which coupons