Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-10-03

~ q l.s. s4a
ais inclusive saall each be In aaAaas
sinatian af Five hundred dollars, AL
such bonds shalt be payable to beare,
and payable at the option OF the city
| Ia annual i.latallHenlS the last in
stallment being payable not more
than twenty years after date and
shall bear interest at the rate Of 5
per centum per annum payable semi
annually. Such bonds shall be con-
secutively numbered and have semi
annual interest coupons attached, and
show on their face the total amount
of the Water Works improvement
Bonds" of the City CT Lady
smith, Wisconsin, together with all
other Indebtedness OF the city. and
the assessed valuation of the prop
erty therein at the. last. assessment
for the state and COUNTY taxes pre-
vious to the mourning of such indebt-
edness, and recite the fact that the
city has provided for the collection
Of a direct annual tax sufficient to
pay the interes+ thereon and the
principal as it falls due.
Bonds number l to 20 inclusive
shall become due and payable with
principal and interest on January 1st.
1927.
Bonds number 81 to 40 inclusive
shall become due and payable with
principal and interest on January 1st,
1928.
Bonds number Al to 80 inclusive
shall become due and payable with
principal and interest on January 1st.
1929.
Bonds number 81 to 60 inclusive
shall become due and payable with
principal and interest January lst,
1890.
Bonds number 81 TO Ga inclusive
shall become due and payable with
principal and interest on January LIST,
1881
Bonds number IS to IS inclusive
shall become due and payable with
principal and interest on January 1st,
1892.
Bonds number SO to II inclusive
shall become due and payable on
January 1st, 1888.
Bonds number 73 to 76 inclusive
shall become due and payable on
January 1st, 1884
Each coupon, according to its con-
secutive number shall be due and pay
able on each succeeding July lst and
January lst until said bond itself
shall become due and payable as
herein provided, and the date of the
issuance of said bonds shall be Jan
uary 1st, 1914
Section g. Said bonds and the cou-
pons. thereto attached shall be sub
stantially in the following form, to
wit:
STATE OF WISCONSIN.
County of Rusk,
City of Ladysmith
Water Works improvement Bonds
NO. .... S.........
Amount of Water Works I'm
provement Bonds, $4,000 90
Amount of other Indebtedness
of the City of Ladysmith,
Wisconsin, $4,000. 90
Total Indebtedness of City OF
Ladysmith, Wisconsin. $4,000 90
Assessed valuation of the City of
Ladysmith, Wisconsin for
the year 1913. 1,715.244 90
KNOW ALL MEN BY THESE PRES
ENTS
That the city Of Ladysmith, in the
county of Rusk, and state Of Wis
|consin is justly indebted and for
value received hereby promises to
pay. to the bearer, on the first day OF
January, 10, the principal sum of
SIN lawful mon:y OF the United
States together with interest thereon
from the date hereof at the rate Of
70 per cent per annum. payable semi
annually The interest aforesaid
shall be payable in installments as
follows: The first installment of in
terest on July LIST, 1914 and six
months interest shall be payable
semiannually thereafter, on the fret
day of January and July, in each
year, during the life of this bond. as
evidenced by and on presentation
and surrender OF the annexed interes st
coupons as they severally become
due, both principal and interest
aforesaid, payable at the office OF
the City Treasurer of said City of
zLadysmith. This bond is one OF a
series of seventy-six bonds of like
date being forty bonds of One Hun
dred (S100.00) Dollars each and
twenty bonds of Two Hundred
($200.00) Dollars each and sixteen
d