Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22


No. 632, 81 Published Aug. 0, 1918.
CHAPTER 767, LAWS OF 1913.
AN ACT-To amend section 925e Of
the statutes, relating to the division
between town or towns and viii
lage set off therefrom Of the physi-
cal property of such town or towns.
The people of the State of Wisconsin.
represented in Senate and Assembly,
do enact as follows:
Section 1. Section 925e Of the stat
Of 1913, Is further amended to read,
Section 925e. /. Whenever a town
owning a town house or other physical
property has heretofore had or shall
hereafter have any portion of it's ter
ritory set off and incorporated into
a village, such property shall be divid-
ed between them in the proportion that
the assessed value of that portion of
such village formerly embraced In such
town bears to the whole assessed value
of said town at the last assessment
prior to the incorporation of such viii
lage.
g If such property so held is real
estate it shall belong to the municipal
ity in which 1t Is situated; provided,
! that any electric lighting and water
plant established and owned accord
ing to section 959-70m of the statutes,
including any dam, power house, power
transmission lines, and other struc-
in connection Herewith, whether with
in or beyond the limits of the munich
pality shall belong to the municipality
wherein light and water from such
plant are primarily furnished and used
for public purposes; and such munich
!; pality shall pay to the other it's pro-
portion Of the value thereof, on the
! basis fixed by subsection 1 of this Sec
| ton.
! 8. ss* If the boards of said val
| 1age and town cannot agree upon =
the value of such real estate or plant
or upon the value Of any indlvisible
property held jointly the board of
either Of them may, upon five days
notice of the time and place given to
| the board of the other, apply to the
| county judge of the county in which
| the town and village or some part Of
either thereof Is situated for the ap-
| pointment of three arbitrators, who
shall be freeholders of the county, and
not residents or taxpayers of such VIII
| lage or town, who shall, after being
| sworn to faithfully perform the duties
| imposed upon them, view the property
| and appraise and fix the value thereof
| for the purposes OF such division; and
! in case of personal property, If no
satisfactory arrangement for the divi-
| sion of 1t can be otherwise made, such
| appraisers may order the same to be
sold at public auction to the highest
|
may direct and after giving such pub
| Ito notice as they may prescribe; the
| village or either town may buy at
| such sale.
! 4. II the village and town boards
| agree upon the division of such prop
| erty Or finding is made by the arbi-
| traitors they shall file with the clerk
| of the village or towns which shall
| be found by such agreement or finding
| to be the debtor of the other a written
| statement signed by them respectively
showing the amount OF such indebted
ness, which shall be charged against
such debtor corporation, and which If
not paid otherwise shall be added by
| the clerk thereof to the next tax roll
| of such town or village and paid by
| the treasurer thereof to the treasurer
| of the corporation entitled to receive
it. It shall then be the duty of the
| proper officers of the corporation to
| whom such payment is made to execute
a conveyance of the property to which
the town or village making such pay
ment Is entitled by such agreement or
| finding.
Section 2. This act shall take effect
when published.
| Approved Aug. 7, 1913. Copy Law.
| Approved Aug. Z. 1918. Copy Law.