Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1912-01-10

to April A. D. 1912; and
both the principal OF and interest on said
bonds shall be payable in lawful money OF the
United states of, America, at the First Nation
al Bank in the city OF Chicago, COOK county,
Illinois
of the interest coupons to be thereto attach
ed shall be in substantially the following
FORMS respectively, to-Wit:
UNITED STATES OF AMERICA
STATE OF WISCONSIN
COUNTY OF Villas
No.. Road and Bridge Bond 81 900
The county of Villas. in the state OF WlScon-
sin, acknowledges itself to owe aud for value
received hereby promises to pay to o, bearer e
the first day of April A H., together
with interest on said sum from the date here
of until paid at the rate OF hye per centnm
per annum, payable annually on the first day
of April in each year, as evidenced by ana up
on the presentation and surrender OF the IN
terest coupons hereto attached, as they sever
ally become due; and both said interest and
principal are payable in lawful money or the
United States of America at the First Nation
al Bank in the city of Chicago, Cook county
Illinois . or the prompt payment or TINS
bond with interest as aforesaid at maturity,
the full faith, credit and resources OF SAID
county are hereby irrevOcably pledged.
This bond is one of q series OF like date,
amount and tenor except as to maturlties IS
sued by said county for the purpose OF AIDING
the county road and bridge fund ofsaid coun-
ty, pursuant to resolutions aid an ordinance
duly adopted and passed by the county board
of supervisors of said county; and under, by
virtue of and in all respects in strict cOmpn-
ance with the provisions of Sec. COS OF the re-
vised statutes of Wisconsin for the year 1898
as amended by chap 552 laws of Wisconsin
of 1907 and all other laws OF said state amen
datory of and supplement to said Section
sos.
And it is hereby certified, recited and war
ranted that said county Of Villas is duly organ
lied as q county and body polite and cor
porate under the general laws OF the state or
Wisconsin; that all things, acts and conditions
nod hx1fb I'm ann q said
state to exist and to happen and be done and
performed precedent to and in the issuance OF
this bond and said series OF bonds In order to
constitute the same the valid and binding OBJ
LEGATIONS of said county do exist and nave
hammered aud been properly done and per-
formed in regular and due form and time;
that the issue of which this bond is a part
does not exceed one per centdm OF the total
assessed valuation of the taxable property in
said county, as finally equalized and fixed pri-
or to the issuance hereof; that the total IN
debtedneSs of said county, including this BOND
and said series OF bonds does not exceed any
constitutional statutory limitation; and
that due provision has been made for the
levy and collection OF direct annual tax on
all of the taxable property in said county, IN
addition to all other taxes, sufficient to pay
the interest hereon when due and to pay and
discharge the principal hereof at maturity.
In witness whereof, the said Villas county,
hy it's county board ofsupervisors has caused
this bond to be signed by the chairman of
said board and by the county clerk Ct said
county, in their official capacities and thecor-
ed: and each of the interest coupons hereto
attached to be executed by the Autographed
fac-simile signatures of said chairman and
county clerk, the first day OF November A
1911.
Chairman county board of supervisors.
cseay County clerk.
form of Couponl
On May. A. d. 19
the county of Villas, in the state of Wisconsin,
will pay to bearer the sum OF .......... dollars
in lawful money of the United States OF Amer
ica at the First National Bank, in the city of
Chicago, Illinois, for months interest
due that day on its Road and Bridge Bond
dated November /, A. D. 1911, No. ......
Chairman county board of supervisors
'''' County clerk
Sec. g. That each OF said bonds shall be
signed by the chairman of the county board
of supervisors and by the county clerk of said
county in their official capacities and sealed
with the county seal of said county, and each
OF the interest coupons attached to said bonds
shall be executed by the autographed fac-sim-
lie signatures OF said chairman and clerk;
and said officers are hereby authorized and
directed to cause said bonds and interest
coupons to be prepared substantially in the
forms respectively hereinabove set forth and
to execute the same for and on bedalf of said
county as in the manner aforesaid
shall be delivered to the aforesaid purchaser
of the same upon payment of the purchase
price thereof.
Sec 4. Thatin order to provide the neces-
sary funds to pay the interest on said bonds
when due and to pay and discharge the
principal thereof at their respective matur-
tiles there shall be and there is hereby levied
on all of the taxable property in said Villas
county, in addition to all other taxes. the fol-
lowing direct annual tax, to-wit;
In the year 1911 a tax sufficient to produce
the net sum of $4,000, being $500 for interest
and $4,000 for principal.
In the wear 1912 tax sufficient to produce
the net sum of $3.50 beng $3.50 for interest
and $4,000 for principal.
In the year 191 a tax sufficient to produce
the net sum of $500, being S27oo for interest
and $4,000 for principal.
In the year 1871 4 a tax sufficient to produce
the net Si1 m OF &hh5O being S255O for interest