Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1913-08-29

TAI Twenty-Five or more persons who are residents
aAd freehoders in the county may. the payment
to the county treasurer Of fee Of dollar each
file with the county clerk petitions addressed to the
beard requesting aid in obtaining furds 70 re-
removing from it such stumps brush. fallen or stand
Ing timber or stones as prevent an efficient use OF
the land for agricultural each setting forth
in an individual petition under oath:
ID A statement that he is the owner Of wild or
partially improved hand within the county and that
he is settler upon said lands;
t2l The number Of Of land desired re-
claimed. its location by governmental subdivisions O.
frrty acres the nature Of the reclamation desired
the estimated cost Of the reclamation and the name
and address Of the person making the estimate;
t31 The number Of acres. the location by gov
ernmental subdivisions of forty and the as
sessed value Of the land which the petitioner offers
as security for the loan requested If such land is
identical with the land desired reclaimed;
IA The and addresses Of all persons
known to the petitioner having claiming to have
legal equitable interest title in the land Of
fered security for the loan;
t5l The amount Of money desired a loan: and
such other information the county board may re-
quire:
Each such -petition shall contain an agreement
signed by the petitioner and by all known to
him as having legal or equitable interest or title
in the land offered security for the loan consent
ing 70 the placing Of special Hen prior to all
other liens except general liens. upon said land
as hereinafter provided in subsection H.
fbl Upon the receipt of such twenty five petitions
the county board may direct the reclamation board
to visit the petitioners and the lands described in
the petitions to make such other Investigations as
the county board may deem and to report
upon the correctness of the statements made in the
petitions the praccabiIity desiIabiity and probable
Co.'S Of reclaning the several pieces of land as
duested in the petition and upon such other perth
nent matters as the county board may designate
tc' After consideration Of the report of the rec
lamation board. the county board may. If 1t deems
the securities offered by the individual petitioners to
be of sufficient value and is satisfied that all persons
having legal or equitable interest in the land offered
as security for loans have signed the petitions for
loans provided in subdivision tal Of this subsec-
ton, and that the granting Of the loans will pro-
mote the public welfare by aiding In the proper de
velopnent Of the natural resources Of the county is
special improvement bonds of the character here
matter prescribed The necessary to
the funds to make the loans hereinafter authorized
for the purpose Of defraying part all Of the ex-
pense of retaining such Of the lands described in
the petitions the county board deems worth the
expense of reclamation.
Id The county board may at any time during
the life Of bond issue made under the preceding
provisions Of this subsection issue additional bonds
in the for the purpose Of securing funds
to lean to individual petitioners who are OF less num-
per thah tWenty-nye ana VINO may De eltler fesuei
resident freeholoers within the county but
who otherwise comply with the preceding provisions
10. The county clerk shall keep all petitions filed
under subsection open to public inspection
1 IL All bonds issued under the authority Of this
section shall constitute general county liability and
shall be non-taxable semi annual interest payment
coupon bends executed in behalf Of the county by
The chairman Of the county board and countersigned
/ by the county clerk payable principal and interest
at the county treasurers Office at such time as the
chairman Of the county board and the county clerk
together shall determine but within period of not
less than FIVE years more than twenty years from
therty uf this section shall before being offered for
sale be submitted to the attorney general together with
a transcript of all proceedings held before, or by
| order Of the county board with reference to the
reclamation work contemplated and the bond issue
proposed, and such bonds shall be valid unless
approved by the attorney general and officially in
dorsed by him on the back Of each bond. It shall
| be the duty Of the attorney general to examine all
transcripts Of proceedings and all bond issues pre-
sened to him hereinbefore prescribed as soon as
possible after their receipt and to ~ officially in
dorse the bends il in his Judgment the provisions OF
this section have been complied with III the issue
of the bonds (2) refuse to indorse the bonds it,
in bis Judgment the provisions Of this section have
not complied with in the issue Of the bonds, in
which case he shall forward to the county clerk q
statement giving hiss reasons for his refusal The
bonds when Endorsed by the attorney general shall
be offered fer sale by public advertisement and shall
he sold to the person offering to furnish
the money desired at the most favorable rate of In
I terest.
| r. Every county board which issues bonds under
the authority of this section shall provide for the
establishment in the county treasury OF fund to be
known as the reclamation fund and to be used only
in carrying ont tho provisions Of this section All
moneys received by the county under this section shall
! be paid into The reclamation fund and all moneys
disbufsed by the county under this section except
as otherwise herein provided shall be dsbursed from
/ the reclamation fund.
! 10. The county board shall have power to levy a