Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1917-08-28
BRIDGE BUILDING FUND BONDS


The annexed proposed ordinance
providing for, the issue of bridge
building fund bonds, offered and rec
commended to be adopted by the COM
mon council of the city of Wausau,
at its regular meeting September IA,
1917, by the Finance committee of
said common council is hereby or
dered to be published in the official
newspaper of said city, one week prior
to its adoption by said common coun-
Gil as required by law.
H. E. MARQUARDT,
Mayor.
w. J. KREGEL,
City Clerk.
An Ordinance
Providing for the issue of Bridge Building
Fund Bonds.
The Common Council OF the city OF Wausau
do ordain, as follows:
Section l. For the purpose Of providing
funds necessary for the construction OF
bridges in the city of Wausau, and in accord
ance with the authority granted by majority
of the electors of said city. at special cleo
ton duly called and held pursuant to law,
there are hereby ordered TO be issued the
negotiable bonds Of said city. In the sum OF
seVenty-fve thousand dollars consisting of
bonds Of one thousand dollars each numbered
from one to Seventy-fve, both inclusive
Section 2. The said bonds shall be styled
Bridge Building Fund Bonds shall be dated
October LIST. 1917, bear interest at the rate OF
A per cent per annum, said interest payable
semi annually on the first days of April and
October in each year, upon presentation and
surrender of the interest coupons which shall
be annexed to said bond, both principal and
interest thereof to be payable at the Office of
the treasurer of the said city of Wausau. Said
bonds shall mature and be payable as follows:
able April first 1888.
Number to Is both inclusive shall be pay
able April first 1894.
Number 16 to 30, both inclusive. shall be
payable April first 1895.
Number Sc to So. both inclusive. shall be
payable April first 1896.
Number Sc to rs both inclusive shall be
payable April first 1887.
Section 3. 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 coupons thereto attached shall be signed
by the Autographed signature of said Mayor
and City Clerk. Said bonds shall be In sub
stant1ally the following form:
United States of America,
State OF Wisconsin,
Marathon County,
City of WauSau.
Bridge Building Fund Bond.
Know all men by these presents: That the
and State of Wisconsin, acknowledges itself
TO owe and for value received hereby promises
70 pay to the bearer on the first day OF April
thousand dollars $4,000. OOl together with in
tereSt on said sum from the date hereof until
paid, at the rate of Al per cent per annum,
payab'' Semi-annually on the first days of
April and October in each year. in accordance
with and upon presentation and surrender of
the interest coupon hereto attached as they
Severally be come due, both principal and IN
terest hereof are payable in lawful money Of
the United States of America, at the Office of
the Treasurer of the said city, and for prompt
payment of this bond with interest, as afore
said at maturity the full faith, credit and re-
sources of said city are hereby irrevocably
pledged. This bond is issued by said city for
the purpose Of providing funds for building
bridges within and for said city in accordance
with the authority voted by the electors of
said city and the provisions of an ordinance
duly passed by its Common Council and in all
respects in full compliance with the provisions
OF the laws of the state of Wisconsin, in such
cases made and provided and in particular
section 925-133 942 and 943 of the Wisconsin
statutes of 1898, together with all acts amend
atory 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 Wscon-
sin. to be done precedent to, and in the issue
OF this bond have been properly done, hap
pened and been performed in regular and due
form and time as required by law and that the
total indebtedness of said city, including this
bond does not exceed any constitutional or
statutory limitation, aud that provision has
been made for the collection of direct an
nual tax in addition to all other taxes on all
OF the taxable property of said city sufficient
TO pay the interest hereon the same falls
DUE and also to pay and discharge the prnci-
pal hereof at maturity.
In testimony whereof the said city of Wau-
Sau, by It's 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 with the ligho-
graphed signatures of said Mayor and Clerk
all as OF the first day of October A. D. 1917.