Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1901-06-06


terest thereon Mt the legal rate from the
date of such certificate to the time when
the city treasurer Is required TO make re-
turn OF delinquent taxes or IN case the
same is filed with the city clerk, ana IN
either case, the city clerk shall, before the
delivery of the tax roll to the city treasurer,
insert like amount for such certilcate IN
Il separate column on said tax roll opposite
the land described In and affected by snla
certificate And thereafter the same pro
ceedings shall be had as in case of other
taxes, except that all moneys collected py
the city treasurer thereon shall be delivered
to the owner of said certificate.
Section >. In case the treasurer IS
unable to collect the amount of such speclal
assessment certificate he shall. ut the time
of the return of other delinquent taxes ana
as part of that return and IN a separate
column, return us delinquent to the county
treasurer such tax for such certincale WIN
Il description Of the lands upon when inc
same Is assessed, and this tax so, returned
delinquent shall not be charged to the
county credited to the city, nut the
county treasurer shall proceed rs In other
cases Of delinquent taxes to advertise ana
sell the said lands by separate sale Tor the
non-pnyment of such certificate and In case
there is no other bidder shall bid In the
same In the name of the county in all re-
spects as In other tax sales and under me
provisions of law relating to the sales OF
lands by county treasurers for non-payihehI
of taxes. The Hen of such special assess
ment and of the certificate of sale therefor
issued by the county treasurer shall be SUD
ordinate to the lien of the Gcneral TAKE"
on the same property.
Section g. Redemption from such special
assessment tax and tax sale may be mace
by payment of the amount with the IKE III
terest and charges within the same time
and In the same manner that redemption
may be made from general taxes ana tax
sales after delinquent return. Upon Such
redemption the amount collected, exclusive
Of collection fees ana charges shall ne palu
to the owner of the special assessment Ger
tihcate or his assigns upon demand. ~ re
To-, hn NOT rprtlticntn
sale shall be assigned to the owner OF me
special assessment certlhcate or ms assigns
upon payment Of the fees and charges IN
cudcd therein, In the manner that othcr TAX
certificates may be assigned Thereafter
and at and within the time limited by law
In the case of tax certificates of sale, FOR
other taxes the owner and holder OF suSh
tax certificate of sale may apply TO the
county clerk. and have issued to him upon
said tax certificate of sale II tax deed OF
the land therein described, under the same
conditions and with the same force and eff
feet as provided by law in the case or other
tax certificates OF sale
Section 4. After the expiration or nine
months from the date of said tax certificate
of sale. the same shall be conclusive eVi,
dencc of the regularity and legality or All
proceedings up to and inclusive of the issue
thereof and the owner of such assessment
certificate or such tax certificate of sale Is
sued thereon may transfer the same by en-,
dorsement and delivery and the same shail
continue Hen upon the lana auccted lhere-
by In favor of the owner Of such assessment
certificate or the tax certificate OF SAFE is
sued thereon, from the time Sald ileh AT
tachcs as provided in the city charter, up
TO and until the issue of Il deed upon such
tax certificate of sale, and the owner ana
holder of such assessment certificate or TAX
certificate of sale issued thereon may nave,
and enforce any and all other remedies
given by law for the collection of the same.
or for the collection of other tax certificates
Of sale in this state, except that he snail
have no right to recover from the city or
county issuing the same.
Section D This act shall take effect and
be in force from and after Its passage ana
Approved March %, 1901.
No. $3.50, s.. Published March &c, 1901.
CHAPTER II.
AN ACT relating to loans from the trust
funds.
The people Of the State of Wisconsin rep
resented In senate and assembly do enact
as follows;
Section / The annual interest and In
stalImcnts of principal of all loans granted
hereafter from the trust funds OF the state
to counties, towns, Villages, cities or boards
of education and school districts, shall be
payable on the first day Of February OF each
wear after the granting of such loans
Section >. All acts and parts of acts and
provisions of law conflicting with the pro-
visions of this act are hereby repealed.
Section 3. This act shall take effect and
be In force from and after It's passage and
p"h hnnroyad March o. 1901
y.
CHAPTER 73.
AN ACT to submit to the people nm amend
mcnt to article NJ of the constitution OF
the state of Wisconsin, giving the legs-
lature power to pass general banking
Whereas, At the biennial session of the
legislature of the state of Wisconsin for the
year 1899. Il joint resolution was passed
proposing mn amendment to article NJ of the
constitution of the state of Wisconsin, Civ
Ing the Legislature power to pass n general
banking law, which was agreed to by Il ma
j0rity of the members elected TO each of
the two houses, and approved April TWEEN
teth, 1899, which proposed amendment was
In the following language
Resolved by the assembly, the senate
concurring. That article NJ OF the consttu-
ton of the state of Wisconsin be and Is
hereby amended, by substituting for sections
4 and thereof, new section to be known
as section 4 and reading follows: Sec
ton 4. The legislature shall have power to
enact a general banking law for the creation
Of banks and for the regulation and super
vision of the banding business, provided that
the vote of two thirds Of all tho members
elected to each house, TO be taken by yeas
and nays, be in favor of the passage Of such
law"
The people Of the state of Wisconsin rep
resented in senate and assembly do ennct
Section l. The foregoing proposed
amendment to the constitution Of the state
OF Wisconsin shall be submitted to vote
of the people of this state in the manner
now provided by law for the submission Of
proposed amendments at the next general
election in November, 1902:
Section =. This act shall take effect ana
be In force from and after its passage and
publication.
Approved March %, 1901,
No. 110, AL Published March 81. 1901.
CHAPTER "A.
AN ACT to amend section DAB of the Wis
consin statutes of 1898, relating to the
issue of bonds by towns, cities and vii
lagos.
The people of the State of Wisconsin rep
resented in senate and assembly do enact
ms follows:
Section l. Section DAB of the Wisconsin
statutes of 1898 is hereby amended, so MS to
rrnd as follows: Section DAB. No bonds
shall in any case be issued by any town, vii
lage or city until the proposition for their
issue for the special purpose thereof shall
have been submitted to the people of such
municipality and adopted by majority vot-
inv thereon or, If to be Issued to aid tho
construction of railroad. until the propo-
sitlon for the issue thereof shall have been
accepted in one OF the modes provided there
for In this chapter nor shall any such
bonds be issued payable after n period of
twenty years, nor be issued until an Ordi-
nance or resolution shall have been law
fully passed directing that there snail be
annually levied a tax i'll addition to all
other taxes, sufficient to pay, when due, the
interest annually to grow due on such bonds,
and also to pay and discharge the principal
thereof by the time the same shall be due
and every such tax shall be after the issue
of such bonds. irrepealable and be annually
levied and collected on all the taxable prop
erty on the assessment roll of such munich
pality and the money raised thereby shall
be kept as separate fund, trreyocably
pledged to such purpose, and shall not be
EMPLOYED in any other. Unless it Is other
Iage shall issue any bonds, except to aid the
construction of a railroad. unless upon COM