Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1917-05-18
OFFICIAL PUBLICATION.
PROPOSED oRDlNANCE.

The Common Council of the city of Wauwa-
toss do ordain follows;
AN ORDINANCE PROVIDING FOR
THE ISSUE Oh MUNICIPAL BONDS
OF THE CITY OF WAUWATOSA,
WISCONSIN. FOR FIVE THOUSAND
DOLLARS ($5.0oO.00) FOR THE
PURPOSE OF RAISING MONEY To
DEFRAN THE COST AND EXPENSE
OF CONSTRUCTING AND INSTALL
ING STORM SEWERS IN SAID CITY
Section l. To provide means for defray
ing the cost of the construction and install
alton of storm sewers in the City of Wan
watosa, Wisconsin. bonds of the said city
TO he amount of Five Thousand Dollars
4 100000 are hereby authorized to he is
Sewer Bonds, Sixth Series.
Section ?. II shall be the duty of the
City Clerk to forthwith procure FIVE go
forms of blanks of sewer bonds. Sixth Series,
Of One Thousand Dollars ($1,0000O) each.
Section 3. Such bonds shall be numbered
beginning with one ti) ana ending with five
90, They shall bear date or the 18th day
Of June, 1917. and shall be payable in law
fui money of the United states OF America,
at the First National Bank OF Wauwatosa.
az Wauwatosa. Wisconsin follows;
Number /. March IS, 1918.
Number >, March Is, 1919.
Number ,, March Is, 1929
Number /. March Is. 1921.
Number >. March 10, 1929.
Section 1. Said bonds shall bear interest
at the rate of fve so per cent per annum,
payable semi annually on the fifteenth days
interest coupons which shall he attached
thereto for the payment of such semi annual
interest at the First National Bank of Wan
watosa, in The City - Wauwatosa Wiscon-
sin
section 5. The form OF said bonds shall
y substantially as follows:
STATE or WISCONSIN. Milwaukee County,
city 81 WRuwstosa
Wauwatosa city Sewer Bonds. sixth
Series.
EtNo1v An NyIs>y nv rrIrStS sA' y = ; ~
ENrS, That the city of Wauwatosa is justly
indebted 90 ana will pay the bearer at the
First National Bank of Wauwatosa. in the
CITY of Wauwa tosa, Wisconsin. One Thou
sand Dollars Isl 100000 in lawful money OF
the United states of America on the 18th
day of March in the year 10. -, gether
with interest thereon at the rate of Ave 80
per cent per annum, payable semi-annually
on the fifteenth days of March and Septem-
Der in each year, upon the presentation of
the annXed interest coupon therefor. for the
payment Of which sums both principal and
interest, the faith and credit OF said city are
invioiabiy and irrevocably pledged.
This bond is one Of u series of five Isl
bonds Of one Thousand $4,000 90 each, is
sued for the purpose Of borrowing money to
be used in payment of the construction and
| installation OF storm sewers In the said city
o. @auwatosa, Wisconsin.
Ahf it is hereby recited aud certified that
all tine acts conditions and things required
TO be done and performed preceding the is
sue of said bonds have been properly done
law that the value OF taxable property IN
the City of WauWatosa, Wisconsin, accord
ing to the last assessment for state and
county taxes, is s4,9I5.61 and that there
is no existing Indebtedness of said city, ex4
eepting for the SUN of S1l9.500.00 principal
due on water sewer, school and street inn
provement bonds heretofore issued. and the
Indebtedness for the series of public inn
provement bonds of which this is one.
And the said city OF Wauwatosa Wiscon-
sin, hereby agrees and covenants with the
holder of this bond not to become indebted
in any manner for any purpose in the
aggregate exceeding five go per centUn on
the value of the taxable property in said
City, 10 be ascertaned by the last assess
ment for state and County taxes previous
to the occurring OF such indebtedness.
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 city. OF the 18TH
day Of June, 1917, and the interest coupons
hereto attached to be signed by the City
Clerk alone by his fac simie signature,
which said officers do by execution hereof
adopt and for his signature the fac
smile signature appearing said coupons
all as of the date of +.,.. ......-., 1917.
Mayor city of Wauwatosa