Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1915-05-11
SEWERAGE IMPROVE
MENT BONDS

An Ordinance, providing for the ISSUE
of sewerage improvement Bonds.
The Common Council OF the Citg o.
Wausdu do oriain as toil0acs:'
Section L. For the purpose of providins
funds for the construction OF main sewer
necessary for the improvement of the sewer
age system within and for the City of Wausau
there are hereby ordered 10 issue negotiable
bonds OF said city in the sum of Twenty Eight
thousand dollars Consisting OF Eighty Bonds
of one hundred dollars each. numbered from
j to 50 both inclusive, of fifty bonds of two
hundred dollars each, numbered from ST &c
$50 both inclusive, and of twenty bonds OF
FIVE hundred dollars each numbered from
1871 to $50 both inclusive.
Section 2. The said bonds shall be STYLED
sewerage improvement bonds. shall be dated
July LIST. 1915. bear interest at the rate of A
per cent per annum payable semi annually,
on the first days of January and July in each
year. upon presentation and surrender of the
interest coupon which shall be annexed to
said bonds. Both interest and principal there
of to be payable at the office of the Treasurer
of said City of WauSau.
Said bonds shall mature and be payable as
follows:
Number to 50 both inclusive shall be pay
able Jniy Ist 1890.
Number 81 to 1870 both inclusive shall be
payable July ist 1881.
Number 13l to 100 both inclusive shall be
payable July lst. 1892.
Section 5. Said bonds shall be signed by the
Mayor and atteSted by the City Clerk and
the seal of said City shall be affixed thereto.
and the coupon thereto attached shall bear
the autographed signature of said Mayor and
City Clerk.
Said bonds shall be substantially of the
following form
No.........f.. ......... 500
Know all men by these presents, that the
City of Wausau in the County of Marathon
and State of Wisconsin acknowledges itself to
owe and for value received hereby promises
to pay to the bearer on the first day OF July
1880 the principal sum of One hundred dollars
(changeS)
1881 the principal sum of Two hundred dollars
1892 the principal sum of Five hundred dollars
together with interest on said sum from the
date hereof until paid. at the rate OF 81 per
cent per annum, payable semi annually on
the first days of January and July in each
year, in accordance with and upon presenta-
ton and surrender of the interest coupon
hereto attached. they severaIly become
due; both principal and interest hereof are
payable in lawful money of the United States
of America, at the office of the City Treasurer
of said City, and for the prompt payment of
this bond with interest as aforesaid at the
maturity, the full faith credit and resources
of said City are hereby irrevocably pledged
This bona is issued by said City for the pur-
pose of providing funds for the construction
of main sewers within and fcs said City in
accordance with the provisions OF an Ordin-
ance duly passed by its Common Council, in
all respects in full compliance with the pro-
visions of the Laws of the State of Wisconsin
In such cases made and provided. and in par
ticular sections 925-133. 942 and 943 of the
Wisconsin Statutes of 1895. together with all
acts amendatory thereof or supplemental
thereto.
1t is hereby certified and recited, that all
acts conditions and things required by the
constitution and laws of the state of WiScon-
sin to be done precedent to and in the issue of
this bond, have been properly done, happened
ana been performed in regular and due form
ana time as required by law: and that the
total indebtedness of said City including this
bond, does not exceed any constitutional or
statutory limitation, and that provision has
been made for the collection of direct annual
tax in addition to all other taxes ON all of the
taxable property of said City, sufficient to pay
the interest hereon as the same falls due and
also, to pay and discharge the principal hereof
at maturity.
In testimony whereof, the said city of Wau-
sau by its Common Council has caused its
corporate seal TO be hereto affixed, and this
bond to be signed by its Mayor and attested
by its City Clerk. and the interest coupons
hereto attached to be signed by the litho-
graphed signature of the said Mayor and
Clerk, all of the first day of July A. ID. 1915.
Attest Approved