Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1917-05-04
OFFICIAL PUBLICATION.
PROPOSED ORDINANCES.

The Common Council of the city of Wauva-
tosa 30 ordain as follows:
AN ORDINANCE PROVIDING FOR
THE ISSUE or MUNICIPAL BONDS
or THE CITY OF WAITWArOSA.
WISCONSIN, FOR FIVE THOUSAND
DOLLARS tS5,0O0.00) FOR THE
PURPOSE OF RAISING MONEY TO
DEhitAY THE COST AND EXPENSE
OF CONSTRUCTING AND INSTALL
ING STORM SEW EtS 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 the amorrt of Five Thousand Dollars
t$5,000.00) are hereby authorized 10 be is
sued which SHAH be known as ''Wauw atosa
sewer Bonds, Sixth Series
Section ,. u shall be the duty Of the
City Clerk to forthwith procure i've go
forms of blanks of sewer bonds, Sixth Series
Of one Thousand Dollars ($1,00O.O0D each
Section 3. Such bonds shall be numbered
beginning with one "a and ending with 1--WE
80. They shall bear date on the 18th day
of June. 1917, and shah he payable in law
full money of the United states of America,
at the First National Bank OF WauWatosa.
at Wauwatosa, Wisconsin, as follows;
Number 1, March Is, 1915
Number ?, March To- 1919.
Number s, March Is 1920.
Number J, March Is, 1921.
Number 5. March Is, 1922.
Section !. said bonds shall bear interest
at the rate of four and half C4l4) per
cent pea annurn, payable semi annually on
the fifteenth days Of March and September
in each year, upon interest coupons which
shall be attached thereto for the payment
of such semi annual interest. at the First
National Bank of WauWatosa, in the city OF
Wauwatosa, Wisconsin.
Section 5. The form of said bonds shall
be substantially as follows:
STATE OF WISCONSIN, Milwaukee County,
City of Wauwatosa.
Wauwatosa city Sewer Bonds, Sixth
Series
10. ......... 81 600 90
KNOW ALI. MEN BY THESE PRES
ENTS That the city of WauWatosa is justly
indebted to and viii pay the bearer at the
FIRST National Bank of Wauwatosa, in the
City of Wauwatosa, Wisconsin,, one Thou
sand Dollars t$1000.G0) in lawful money OF
the United states of America, the 18th 1
day Of March in the year h., together
with interest thereon at the rate Of four
and one half t4i2) per cent per annum, pay
able semi annually on the fifteenth days of
March and September in each year, upon
the presentation of the annexed interest
coupon therefor. for the payment of which
sums, both principal and interest, the faith
and credit of said city are inviolably ana
irrevocabIy pledged.
This bond is one of series OF i've t5)
bonds of one Thousand Isl 10000 each, is
sued for the purpose OF borrowing money to
he used in payment OF the construction aud
installation of storm sewers in the said city
Of WauW atosa, Wisconsin
And il is hereby rCcited and certified that
all the acts, conditions and things required
to be done ana performed preceding the is
OF said bonds have been properly done
law: that the value of taxable property ia
the city OF Wauwatosa, Wisconsin, accord
iEE lie last assessment for state and
county taxes, is $4.915, $1,000. and that there
is existing indebtedness OF said City, oN-
cepting for the sum OF S1I9,5 90, principal
due ON water, sewer. school and street inn
provement bonds heretofore issued, and tine
indie btcduess for the series of public inn
provement bonds. Of which this is one.
And the said city of Wauwatoaa. " isCou-
sin, hereby agrees aud covenants with The
holder of this bond not ~ become indebted
in any manner or for any purpose, ~ the
aggregate exceeding five f5) per ceBtum un
the value Of tine taxable property in said
city, 20 be asrertained by the last assess
ment for stat, and County taxes previous
To the mourning OF such Indebtedness.
IN WITNESS WHEREOF mis- bond ia
sealed with the corporate seal OF said CITY,
signed by the Mayor and countersigned by
the city Clerk Of said city, Of the l5th
Gay Of juno. 81 :. aHd the interest coupons
hereto attached to be signed by the 'Iiy
Clerk alone by his fac-simile sigHature.
which said officers do by execution hereof
adopt and for his signature, the fac
siInile signature appearing on said coupons
all as Of the date OF Observation-Disclosures, 1919.
Mayor city Of Wauwatosa.
tSeaD Milwaukee County, Wis.
CoUnteTsgned
City clerk, City OF WauWatosa.
Milwaukee County, Wis.