River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1900-08-30

Resnlntinn

! OF The Common Council OF the City OF Rive
Falls Providing for the Issue or Eectti
Iiglit Bonds, for the Form Thereof and 10
Levying Tax for the Payment OF the sam
and for Advertising for Proposals for Sale o
Same.
Whereas, the qualified electors OF the City
River Fails in the Counties OF Pierce ana ~
Cfoix. ia the State OF Wisconsin, did az Spe
cial Election. regularly called for the purpose
and held in said City on the eighth day OF June
A. ID. 1900, duly authorize the Common Couhel
of such City toissue the Corporate Bondsof sucl
CITY to the amount OF Eight Thousand dollars
for the purpose of constructing an Eleetrl'
Light Works in said City, such bonds 70 bea
interest at the rate OF fourper cent per annunl
payable semi annually as stated in "A resolution
OF such Common Council passed and approves
May 5th, A. ID. 1900; and
Whereas by the terms of the resolution 81
passed by such Common Council and so APPROX
ed bv said electors, such bonds were TO pc Is
sued In denominations OF five hundred dollar
each, to bear interest at the rate o. Tour rs
cent per annum, payable semi annually on lh'
first davS of January and July OF each year
and such bonds and coupons to be made payaDlS
at such place as the Common Souhcu sn9uio
Thereafter determine such bonds to bear date
july list, 1900 and TO become due ana payable
as follows: r
Bond number one on the hrst uaS u January
A ID. 1901.
Bond number two on the hrst Qay OF Jahu
Bond number three on the first day OF Janu
u Bon nd number four on the first day OF Janu
BOND number i've on the first day Of Janu
Bond number six on the first day of January
Bond number seven on the first day of Janu'
Bond number eight on the first day Of Janu-
bond number nine on the first day OF Janu-
Bond number ten on the first day OF Janu-
Bond number eleven on the first day OF Janu-
bond number twelve on the FIRST day of Janu-
airy. A. ID 1912
Bond number thirteen on the nlst uaS ~
January A ID. 1913,
Bond number fourteen on Uhe hist udy VI
January A ID. 1914.
Bond number fifteen on the hrst DAY ol Jahu-
ary, A. ID, 1915.
Bond number sixteen on the nfst udy ol
January. A. ID. 1916,
Resolved by the Common Councillor salo Guy
OF River Falls the Mayor concurring that such
City issue its negotiable corporate Donus Lo
the amount of Eight Thousand Dollars (s8OOU
for the purpose of constructing Electric Llgnt
Works in said city such bonds TO bear date
July IA ID. 1900, to be made payable TO the pear
er thereof, to bear interest at the rate OF TOUR
per cent per annum payable semi annually on
the first days of January and July OF each year,
TO be issued in denominations OF nVe hundred
dollars each with semi annual interest cou-
pons attached TO be numbered consecutiVely,
interest and principal TO be payanle at the
office of the city treasurer or SAID city; such
bonds to fail due one IN each year cOmmeHc-
ing on the first day of January a. D. 1901, az
stated i'm the aforesaid resolution, ana the pre-
amble hereto.
10 provide means for the payment of the
principal of said bonds and of the interest
thereon as it falls due, a tax upon all the tax
able property, real and personal, in the City OF
River Falls shall be and hereby Is annually
levied nv the Common Council of said City, in
addition to all other taxes sufficient to pay
when due, the interest annually to grow due
on said bonds and also TO pay ana dl SCI ,t
the principal thereof as the same shall fall due
The form of said bonds and of the interest
coupons thereon shall be substantially as tol
lows
UNITED STATES OF AMERICA,
STATE OF WISCONSIN,
No.. THE CITY OF RIVER FALLS S0UOUO
Electric Light Bond
Know All Men by These Presents, That the
CITY OF River Falls in the State of Wisconsin,
hereby acknowledges itself indebted and for
value received promises to pay. to the bearer
hereof, the sum of I'VE HUNDRED DOL
LARS,
in lawful money of the United States OF
at the office of the City Treasurer
of said City. on the First day OF January, A.
d. l9-with interest thereon at the rate OF Tour
per cent per annum. payable semi annually on
the first day OF January and July OF each year,
In like lawful money, at the said office OF the
City Treasurer, on the presentation and denv-
cry Of the coupons hereto annexed as they
SeVerally become due
This bond is issued by the City of River Falls
Tor the purpose OF DOITONluE iuOhSy lOl VIC
Erection and Construction of a system of Flee
trio Light Works in and for said City of River
Fails pursuant to q Resolution lawfully passed
by the City Council of said City by unani-
nous vote of all the members thereof at
meeting of said City Council held on the 18th
day of August, A. d, 1900, and duly authorized
bv a ma GRITTY vote of the qualified electors nf
said City voting at q special election duly and
regularly called, held for that purpose on the
Sth day of June, A. d. 1909.
And under and in accordance with the laws
of said State and the Charter of said City, pro-
viding for the issue OF bonds and which said
have been fully complied with in the
issuance thereof,
The City Council having by such resolution
provided that there shall be annually levied
upon all the taxable property of said city tax
In addition to all other taxes. sufficient to pay
when due the interest annually to grow due on
the bonds issued pursuant to such resolution,
and also to pay and discharge the principal
thereof by the time the same shall become
due.
In witness whereof the said City of River
Falls has executed this bond by causing its
Mayor and City Clerk to sign their names ana
to affx the seal of said City hereto.
Done at the City of River Falls State OF
Wisconsin, this first day of July, A. d. 1900.
IL. 81 Oli