Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1913-04-11


wisconsin. Ave hundred (s50o) aol,are
in lawful money OF the United $500
OF America. on the 18th day Of NTareb
in the year 49,, together with Inter
est thereon at the rate of five per eant
per annum. payable semi-annuaIIv On
the 18th days of September and Marcb
in each year, upon the e.ssntation If
the annexed sh IKE ,,, an,erest COUPONS therefor
principal and interest. the faifh end
credit of said tity are inviolablv end
irrevocably pledged. 80
This bond is one Of a series OF fo,tx,
(40) bonds of five hundred ($500) dol
lars each. issued for the purpose of hnrz
rowing money to be used in acquiring a
school site and constructing a nuhlfc
school building south of the Menorno~
nee River In the said City of Wauwa-
tosa, Wisconsin,
And it is hereby recited and~certiffad
that all the acts. conditions and things
required to be done preceding the issli-
ing Of said bonds. have been properly
done and performed in due form 4 ! re-
quired by law; that the value Of TAX
ale property in the said City of Wau-
watosa, according to the last assess
ment for state and county taxes is
S.... and that there is no existing
Indebtedness of said city, exceDt for
bonds, and $780,, principal. on sewer
bonds heretofore issued. and
principal on street Improvement bonds
issued and authorized. and the indebt-
=
of which this is one;
And the City of Wauwatosa hereby
agrees and covenants with the holder
of this bond not to become indebted in
any manner or for any purpose in the
aggregate exceeding five percentum on
the value of the taxable property there
in. to be ascertained by the last assess
ment for state and county taxes previ-
Gus to the mourning of such indebted
ness.
IN WITNESS WHEREOF this bond
is sealed with the corporate seal Of
said city, signed BY the Mayor and
countersigned by the City Clerk of said
1918.
Mayor city of wauwatosa, Milwaukee
County, Wisconsin.
fSEALI
Countersigned
city clerk. city Of wauwatosa, MIL
waukee County. Wisconsin.
Section VI. The said interest conDon
shall be signed by the City Clerk alone,
and shall be substantially in the fol-
lowing form:
The City of wauwatosa. wisconsin.
National Bank of Wauwatosa. in the
City of Wauwatosa- Wisconsin. on the
day of ,.....,..;; 1s ~, s;..... ;,
City school Bond Third Series. number
Dated ....... 1913.
city clerk Of the city Of wauwatosa,
Section VII. The coupons attached to
each bond shall be consecutiveIy num-
bered, beginning with one Cd as the
numher Of the first Installment of
semi-annual interest on said bond. and
so on.
date on the 80. day of ..,......, 1918.
They shall be sealed with the corporate
seal of said city, signed by the Mayor.
and countersigned by the City Clerk of
said City of Wauwatosa. Wisconsin. and
shall be disposed of as the said Com
mon Council shall determine. and to
the best advantage possible.
Section TX. The City Clerk is hereby
instructed to advertise for sealed pro-
posals for the purchase of sad bonds,
reserving the right of the said City of
Wauwatosa to reject any and all bids
Section x. The money realized from
the sale of said bonds shall be paid into
the City Treasury of the City oe Wau-
watosa, Wisconsin. TO he used for ac-
quiring a school site and constructing a
school building south of the Menomo-
nee River in said city.
Section XII. To provide means for
the payment Of the principal of said
bonds. and the. semi-annual interest
/ thereon. as it falls due. there is hereby
I levied an annual tax upon all taxable
property real and personal, in the City
OF Wauwatosa. Wisconsin. in addiction
to all other taxes. sufficient to pay.
when due. the interest semi-annually
growing due on the said bonds. and
slso TO pay and dische rge the principal
thereof at the time when the same shall
be due.
Section XII. AS soon as the money
shall be actually collected for the pay
ment of the principal of said bonds.
| the City Treasurer shall proceed in the
cancellation of all of said bonds which
have matured. to an amount equal to
the amount so collected, and all bonds
! paid or otherwise retired shall be
! forthwith marked CANCELLED" by
| City Treasurer and by him returned to
/ the Common Council of the said City
of Wauwatosa. Wisconsin. which shall
/ forthwith publicly cancel the same. l
Section XIII. This ordinance shall TAX
! effect and be in force from and aft9*
! it's passage and publication.
Passed and dated at the CITY Of Wal
watosa Wisconsin this ...... day
......., A. ID. 1913.
city Clerk. Wauwatosa. VISIONS
! approved this day of ....
1913.
| :. f. :. -
| Mayor. Wauwatosa. Wiscon
STATE OF WISCONSIN. MILWAUK
| County-ss.