Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1889-01-24

spectlVe Common Councils. at anv time
after the bonds provided for in section
OF this act shall have been author
lied to be issued, shall be and hereby
are authorized and empowered to con-
tract IN behalf of said cities and in their
corporate names with any responsible
person Or persons for the erection of
such bridge. in whole or in part, and in
such manner as they may deem best,
not inconsistent with the provisions of
law, or to cause said bridge to be erect
ed and completed under the supervis-
ion of a committee of two from each
city to be elected by the Common
Council thereof
SECTION 3. The total expense au-
thorized for the purpose of building
said bridge shall not exceed five per-
centum of the value of the taxable
property in said cities to be ascertained
by the last preceding assessment for
state and county taxes as determined
by the board of supervisors of said
Wood county: And such expense for
building such bridge and repairs
thereon for the future shall be borne
and paid by said cities in the following
proportions: Said city of Grand Rap
ids shall bear and pay three-ifths
thereof and said city of Centralia shall
bear and pay two-ifths thereof
SECTION 4. Such bridge shall not be
less than eighteen feet in width, shall
have walks and strong ratings at the
sides, and shall be constructed and
maintained in substantial manner and
safe for the public to travel thereon.
Said cities may at any time by ordinance
or resolution prescribe regulations for
the care, safety, and proper use of said
bridge including penalties for the viola
ton of said ordinances or resolutions
not inconsistent with the laws of this
state, which penalties may be enforced
by actions as for tort, in the name of
the state of Wisconsin, before any
justice of the peace of said cities
and all moneys. recovered in any
such action shallbe paid unto the treas
urers of said cities in proportion to the
| amount paid by each toward building
said bridge. A legible copy of all reg
ulations and of penalties for violation
thereof hereby authorized, shall be
posted in a. conspicuous place upon or
near each end of said bridge and shall
hn Il fill
SECTION 5. For the purpose of build
ing said bridge and raising money to
pay for the same, said cities are hereby
authorized and empowered to issue
their bonds respectively to an amount
not exceeding said sumof five percentum
on the value of the taxable property
therein as provided in section 8 of this
act and in proportion herein before
specified which bonds or the proceeds
| thereof or so much thereof as shall be
| necessary shall be applied In payment
of the expenses of building and COM
plotting such bridge and for no other
purpose. Said bonds shall be of the
denomination of one hundred dollars
each, and numbered consecutively,
with coupons attached for the payment
Of interest annually at rate not ex-
ceeding seven per cent. per annum,
and both principal and interest shall
be made payable within a period not
exceeding ten years from the date of
issue, not more than one thousand dol
lars, nor less than one-tenth of the
principal Of said bonds, shall become
payable in any one year by either city.
Such bonds shall be executed bv the
mayor and countersigned by the clerk
of said cities respectively, and have the
corporate seal thereof attached thereto;
provided that before said bonds shall
be issued the question of issuing such
bonds shall be submitted to the quail
fed electors of said cities respectively,
at an election to be held at the various
election precincts therein; that notice
of such election shall be first directed
to be given by resolution of the respec-
tive common councils of said cities
and shall be published III a weekly
newspaper of each of said cities at
least one week prior to such election,
and shall specify the time, place and
manner of holding such election, and
the question of issuing bonds shall be
voted upon by ballot which shall read
For issuing bonds" or Against issuing
bonds" and if majority of all the legal
ballots cast at such election in each of
said cities shall be in favor of issuing such
bonds then said bonds shall be issued
as hereinbefore provided, but not other
wise
SECTION 6. In case said cities shall
issue their bonds as aforesaid their re-
spectiye Common Councils shall
annually thereafter levy tax on the
taxable property of their respective
cities sufficient to pay the interest on
all their respective bonds which, at the
time of leyying said tax shall be out
standing, and so much of the principal
of such bonds as shall mature and
become payable in such year, which
tax shall be called fcity bridge tax"
and shall be paid in money or III said
bonds and coupons then due and paya-
bic.
SECTION Z. The clerk of each of said
cities shall make and keep in his office
true record of the bonds issued under
this act which record shall contain the
number and amount of each bond is