Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1905-04-21


engines and all machinery and equipment OF
emery name and nature situated in the solid
brick building hereinbefore described ana
used in connection with the operation or the
electric light and water plant operated In SAID
building and not owned by the said town OF
Eagle River.
Third to sell and convey by good and sutfi-
cient conveyance with covenants of warranty
and against membranes, the electric poles
and wires stretched thereon Throughout the
streets Of the village of Eagle River IN said
taWn of Eagle River and used by the under
signed Eagle River Light & Water Company
in lighting the streets of said village OF Eagle
River and in furnishing lights to private per-
sons in said village.
Fourth. to cancel and surrender up to said
town of Eagle Riker all franchises held by said
Eagle River Light 8 Water Company for the
operation of an electric light plant in said vii
lage of Eagle River, and to cancel and surrend-
er up all contracts for the lighting of streets
in said village of Eagle River now existing be-
tween said Eagle River Light & Water Com
pany and the Town of Eagle River, and also to
surrender up and cancel all contracts existing
between said town of Eagle River and the said
Eagle River Light and Water Company for
the pumping of water for fire protection in
said village of Eagle River
Fifth in consideration of the foregoing, the
said town of Eagle River is to pay to the said
Eagle River Light and Water Company the
sum of nineteen thousand dollars (S19 0OO on or
before the first day of May, 1905, or issue and
deliver to the said Eagle River Light & Water
Company, on or before said date the negotiable
corporate bonds of said town of Eagle R1ver
for the said sum of nineteen thousand dollars
with interest at per cent. per annum. pay
able semi-annually, the principal payable at
such time and in such amounts as may be des-
ignated by the said town of Eagle River, prln-
cipal and interest to be paid within twenty
(2O) years, the said town of Eagle River to con,
duct the exhaust steam from the pumps used
by said town in furnishing fire protection to
the private heating line where the same is
now being conducted for the period of i've
town of Eagle River changes the location
of it's pumps, or uses someother power
than steam, the provision for conduct
ing exhaust steam shall no longer be binding
on said town of Eagle River.
Signed and submitted pursuant to resolu-
ton duly adopted by the Board d OF Directors OF
the said Eagle River Light q Water Company.
Dated April 3rd, 1905
EAGLE RIVER LIGHT & WATER Co,
By D. e. RIoRDAN,
President and Treasurer.
THEREFORE, BE TT RESOLVED by the
Board of Supervisors of the town of Eagle
River, Villas County, Wisconsin, that the
said town does hereby determine and de-
clare it is necessary for the best interests OF
said town that said proposition be accepted
SO as to most economically provide for the
lighting of the streets of said village of Eag
lie River and for the furnishing of water for
fire protection in said village, and TO issue
bonds for the purpose OF providing money
therefore. to the amount of nineteen thous
and dollars ($19,00O, with interest at per
cent per annum, payable as follows: 81, 900
dD1C OIt ll4SU udy VI NAY L"oVi f~'ooV
payable on the st day OF May 1867, $4,000
payable ON the LIST day of M; y 1908, $4,000
PAYABLE on the list day of May 900, S., 900
PAYABLE oh the l st day of May 1910 $4,000
payable on the lst Gay of May 1911, $4,000
payable on the 1sb day of May 1912, $4,000
payable on the LIST day of May 1913, $4,000
payable on the lst day of May 1914, 81 900
payable ON the 1st day of May 1915 and to
consist of nineteen 40 bonds of 81 900 each,
with semi annual interest coupons attached,
said bonds to be dated April Goth, 1905 and
to bear interest payable semi-annually at the
rate of 5 per cent per annum; they are to be
negotiable coupon bonds payable to
bearer, and to be made payable, principal
and interest, at the First National Bank at
Milwaukee Milwaukee County, isconsin,
and the said bonds are to b solo and nego-
tiated by John Radcliffe WI 0 is hereby au-
thorized to rep1 esent the said town in the
sale and negotiation thereof, and the pro-
ceeds thereof are to be used solely and ex-
clusively for meeting the expenses OF the ac-
ceptance of the proposition heretofore
stated and submitted by the Eagle River
Jifiht & Water Company.
FURTHER REsQLVED, That F. g. McIn-
tyre, Town Clerk Of the said town of Eagle |
River is hereby ordered and directed to give
L office for the Special Town Meeting to be
held for th5 purpose OF voting on the SAD
proposition to issue said bonds pursua MT to
the provisions of Chapter 3l2 of the Laws
of 903
FURTHER RESOLVED, That the question
of the levy by said town of direct annual
tax in addition to all other taxes. sufficient
to pay when due, the interest annually TO
grow due on said bonds and also to pay and
discharge the principal thereof, when the
same shall become due, shall be submitted
to special town meeting OF the electors
and legal voters of said town OF Eagle River
in case request for said meeting shall be
duly made pursuant to the provisions OF
Section 7SS of the statutes of Wisconsin for
1913 in the manner proved by Chapter 300
of the General Laws of Wisconsin for 1908
Dated April Bird. 1905.
F. G. HALL Supervisor.
THEREFORE, pursuant to the foregoing
resolution, notice is hereby given to the cleo
tors and legal voters of the Town of Eagle
River Villas County. Wisconsin, that u special
town meeting will be held in said town at the
town hall in the village of Eagle River in said
Town of Eagle River. where the last town
meeting of said town was held, on the 18th of
A pril, 1905, for the purpose of voting upon the
question of raising money by the issue of bonds
to the amount of Nineteen Thousand Dollars
1919 OOOOOl to be sold and negotiated for the
purpose of providing an electric lighting plant
in said Village of Eagle River, for lighting the
streets thereof by electricity and machinery
for furnishing power for pumping W alter through
the water mains in the village OF Eagle River
for fire protection in said village of Eagle
River and said Town OF Eagle River. to proper
" protect said town and village from fire and
all the real estate and personal property
necessary convenient for providing such
necessary machinery and appliance said bonds
are to be for the Aggregate amount of Nineteen
Thousand Dollars and to be Nineteen Bonds
of One Th .usand Dollars each, to be payable
at the First National Bank in Milwaukee. Wis
consin, and 60 be payable as follows to-W1t:
Two Thousand Dollars payable May ist. 1905:
Two Thousand Dollars payable May ast. 1907;
Two Thousand Dollars payable May list, 1908;
Two Thousand Dollars payable May LIST, 1899;
Two Thousand Dollars payable May list. 1910;
Two Thousand Dollars payable May lSt 1911: