Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04

Of securing money to defray the ex-
pense of reclafmtng cutover land by
removing stumps, therefrom and
making said bonds q special lien
upon the lands SO improved
The people of the State of Wisconsin,
represented in Senate and Assembly,
do enact as follows:
Section /. There are added to the
statutes seven new sections to read:
Section 697-60. For the. purpose of
promoting the public welfare, by en-
the county board Of any county may
issue special improvement bonds for
the purpose and in the manner here
Section 697-61. When twenty-f five
or more settlers Of any. county, shall
petition the county board setting 1orth
that they are the owners OF cutoVer
land, describing the same, and that 1t
would promote the public welfare to
reclaim said lands by clearing the same
of stumps, and that the cost Thereon
person, naming him, and setting forth
such estimate as to each governmental
subdivision Of forty acres, the county
board may issue county, not less than
four per cent per annum, nontaxable
semi interest payment coupon bondS,
executed in behalf of the county by the
chairman of the board ana counter
signed by the county clerk, payable
principal and interest at the county
treasurer's office, said bonds to be sold
at not less than par, and not 10 non
shall have had a fair opportunity, IN
the Judgment of the county clerk, TO
purchase the same. Said bonds shaIl
be payable at s4ch TINE d as me ne e conr
ty clerk together shall determine,
Which shall net be less than five nor
more than twenty years from the IA. gaze e
be paid into the county treasury ana
shall be used in defraylng the e eiSo
pense of clearing and retaining the
cutover lands described in the petition,
but the amount that may be pald 70
any owner of land from the proceeds OF
the sale of bonds shall not exceed the
amount estimated IN the petltdion nba az
not in any case exceed the sum OF
twenty five dollars per acre. 80 a,o,,
Section 697-62. The amount It. or rs sven ! en-
costs of reclaiming said lands, as set
forth in the petition, and in any case
shall not exceed a sum equal 10 tWen7
land. Such bonds shall not EVIDENCE
any general county liability, but shall
be a special tax lien prior to all other
liens upon the lands descrl nS fb III t iso
suance, said lien to be limited as TO
each forty-acre tract, TO the amount
estimated in the petition as necessary
- section seton 6s7-63. The county clerk
shall, on or before the first OF Noyemee
Der in each year, certify TO the cleIk "
the town IN WlllCn SdCIl peI4 III uAc"A I1"'S'
of land is located, the amount or money
necessary to be assessed against e3ch
particular tract of land, to pay the
bonds according to their tenor, ana
the town clerk each year shall make
the proper extension of taxes upon the
tax roll to raise the necessary money
Thereafter the special taxes as REGARDS
payment thereof shall be treated as any
other taxes, and when collected snail
be paid into the county treasury Ior
use in discharging the bonds as the
s' seet lon 697-e4. Such land may be
reclaimed and cleared Of stumps under
a contract made by the owner or own
ers thereof, which contract shall pc
s s51Grfv d. I BY the chairman of the
co SECTION g'1 6i97-e5. When any particu-
lar o tract of land shall have been
Cleared, a claim duly verified for 6Qra the ne
expense thereof, may be presented to
the county board by the person c1alm7
| ing the same, and when alloWed SNAIL
be paid from any money in the county co ny
| treasury derived from the sale OIL the
bonds hereinbefore mentioned
| Section 697-66. The COLLECTION OF
| said bonds may be enforced by lore-
| closure in the manner mortgages on
| real estate are foreclosed, and IN the
manner and subject to the CONDITIONS
j prescribed for the foreclosure OF bonds
| by section 925-197a.
| Section 2. This act shall take erect
| and be in force from and after its pas
| sage and publication.