The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1898-10-20
AN 0RnINANCFs

to provide for the issue of $1,000 of HarboI L.
pruvement Bonds.
Be it ordained by the Mayor and Bead of
Aldermen of the city of Mapitowoc
SECTION / That for the purpose of providing
funds TO be used in dredging and docking the
hrabor OF aanitowoc. within the corporate limits
Of tins city the negotiable coupon bonds of the
city. u the aggregate amount of SIS 90, be and
the same are hereby ordered issued
SECTION ?. That said bonds shall be thirty in
numbe numbered from one to thirty inclusive.
and of he denomination of Five Hundred Dol
lars each. They shall bear date of October Goth,
1885 and shall become due and payabIs or jam
ary HHh. lSr without option of prior payu; emit
they shall bear int crest at the rate of four ami
one han per cent. from and after date. the first
lnstaliment OF interest being payable on January
aeh. 1879, and semi annually thereafter on Janu-
ar! ? IN and July 20th in each year which interest
pas nents shall be evidenced by PROF er coupons
attached 10 each bond. and both principai and
interest shall be payable at the office of the City
Tr"asurer of he lily of Nanltowoc.
SECTION 3. That said bonds and the coupons
thereto attached shall each be in substantially
the following form, to-wit:
Assessed valuation of the city of
Manltowoc for the year 1894. S2Nf go
Asstssed VALUATION of the city of
Manltowoc for the year 1895, S1.373, 800
Assessed valuation of the city of
MauItowoc for the year 1895 S2507 SIS
Assessed valuation of the city of
ManItowoc for the year 1877 81 731 80
Assessed valuation of the city of
Manltowoc for the year 1898 50 qe3 $50
Average amount of assessment for
above five years, S254s 6G5
Total Indebtedr ASS of the city of
Maniropoc including this bond $50 600
UNITED STATES OF AMERICA
STATE OF WISCONSIN.
COUNTY OF M,NITowoC, CITY OF MaSrTowOC.
HARBOR IMPROVEMENT BOND.
No ....... $4,000
Know ali Men by these Presents: That the city of
Mhnitowoc III the county of Manitowoc, state of
WIsoon5l3 is justly indebted to, and, for value
received hereby promises to pay the bearer On
the 10Th day of January A. D., 1865 the principal
sum of Five Hundred Dollars. in lawful money
OF The United States, together with interest
thereon from the date hereof. at the rate of "A
per cent. per annun, the first interest insta l.
ment payable on January 10th. 1899, and sem
annually thereafter January 20,h and Jul
10Th IN each year. as evidenced by aud on presen-
tatlon and surrender of, the annexed interest
coupons as they severaly become due. Both
principal and interest hereof are payable at the
ONCE or the City Treasurer of said city of Man
ltOwoc.
This bond is issued for the purpose of dredg-
ing and docking ManitOwoc HarbOr in SAID city,
ana is issued In pursuance of an ordinance duly
passed uy the mayor and board of aldermen of
saiu city, ana pursuant to and in full complI
ance with the provisions of section 92i-ll of the
REVISED statutes of WISCONSIN for the year 1895,
ana the charter of said city.
IL IS hereby certified and recited that the state
Inents as to the assessed valuation of property in
said city, and of the indebtedness thereof. print
ed on the face of this bond, are correct; that the
total indebtedness of said city. including tn
honh' does rot exceed any constitutional, statu-
tory or charter limitations that all acts condi-
tons and things required to be done precedent
I" and IN the Issue of this bond have beer gal
iy done, happened and been performed, and that
provision has been made for the collection of a
direct annual tav upon the taxable property of
SAID city, sufficient to pay the interest hereof, as
1t shall become due and the principal hereof at
maturity
And for the prompt payment hereof, both prin-
clpai ana interest, at maturity, the full faith,
credit and resources of said city of Manituwoc
are hereby irrevocably pledged
IN WITNESS WHEREOF. the city of Mantle
voc has caused this bond and the interest coup
ons hereto attached 10 be signed by its Mayor
and City Clerk and the bond to be sealed with
ITS corporate seal, all of date of the 10Th day
of October. A. ID. 1898.