Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1918-03-12
AN ORDINANCE

Providing for the issue OF One Hundred
Thousand Dollars (Sl00,0O0.00) Public School
Bonds.
The Common Council of the city of Wausau
do ordain, as followS
Section l. For the purpose of providing
funds for the construction of a public school
house in the city of WauSau. there are hereby
ordered to be issued the negotiable bonds of
said city in the sum of one hundred thousand
dollars. consisting of bonds of one thousand
dollars each.
Section q The said bonds shall be known as
Public School Bonds and shall be of the de-
nomination of one thousand dollars each and
shall be numbered from one to one hundred.
both inclusive; said bonds shall be dated April
l, 1915 bear interest at the rate of five per cent
per annum, payable Semi-annually on the
first day of October and April in each year.
upon the presentation and surrender of the
interest coupons. which shall be annexed TO
said bonds. both principal and interest there
of to be payable al the Office of the treasurer
of said city of Wausau. which bonds shall ma
ture and be payable. as follows to-wit;
Numbers to 5. both inclusive, shall be pay
able April 1St, 1881.
Numbers TO 10. both inclusive, shall be
payable April 1st. 1882
Numbers II to %, both inclusive, shall be
payable April lst 1885,
Numbers 26 to 45. both inclusive, shall be
payable April lst. 1894.
Numbers 46 to So both inclusive, shall be
payable April 1st, 1885,
Numbers St to 65, both inclusive, shall be
payable April lSt 1886
Numbers &c to Is, both inclusive shall be
rayable April 1st. 1887.
Numbers rs to 100, both inclusive. shall be
payable April 1St 1898.
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 alta ched shall be signed
by the autographed signature of said Mayor
and City Clerk. Said bonds shall De in sub
stantially the following form:
United States of America
State of Wisconsin,
County of Marathon,
City Of WauSau.
Public School Bonds.
No. 100000
Know all men by these presents. that the
city OF WauSau, in the county of Marathon
and state of Wisconsin, acknowledges itself
10 owe and for value received hereby promises
to pay to the bearer on the first day of April,
1881, changes the principal sum of one
thousand dollars (Sl,O0000), together with in
terest on said sum from the date hereof until
paid at the rate of five per cent per annum.
payable Semi-annually on the first days. of
October and April in each year, in accordan
with and upon presentation and surrender of
the interest coupons hereto attached, as they
Severally become 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 said city, and for the payment
of this bond, with interest as aforesaid at
maturity, the full faith, credit and resources
of said city are hereby iIrevocably pledged.
This bond is Issued by the city for the purpose
of providing funds for the payment, discharge
and satisfaction of like amount of its valid
notes heretofore legally and regularly issued
by said city for the purpose of providing funds
for building public school. 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 sections
925- 133 942 and 943 of the Wisconsin statutes of
1898, together with all acts amendatoFy there
of or supplemental thereto; and ii is hereby
certified and recited that all acts, conditions
and things required by the Constitution and
laws of the state of Wisconsin, to be done pre-
cedent to and in the issue of this bond have
been properly done, happened and been per-
formed in regular and due form and time as
required by law; that the total Indebtedness
of said city, including this bond. does not
exceed any constitutional or statutory lmita-
ton, and that the Indebtedness hereby funded
was authorized and created within all consti-
tutional and statutory limitations upon the
amount thereof; and that provision has been
made for the collection of direct annual tax
in addition to all other taxes on all of the tan
able property in said city. sufficient to pay
interest heFeon 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 coupon
hereto attached to be signed with the litho-
graphed signature OF the said Mayor and Clerk
all as of the Ist day of April, 1918.
Attest