Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1918-07-25

That such bonds bear interest st the
rate of Ave 81 per cent per anuu1,
payable January 1st, 1919, and semi
annually thereafter on the first day
Of January and of July of each year
from the date of said bonds until pay
ment thereof respectively, and that
such interest be evidenced by coupons
attached to said bonds, that such bonds
be signed by the Mayor and City
Clerk of said City and bear the cor
porate seal of said City, and the
coupons evidencing the interest there
on be signed by said officers by their
respective fac smile signatures, which
said officers shall, by the execution
of said bonds, adopt as and for their
respective signatures, their respect
i've fac smile signatures appearing
on said coupons, and that said bonds
and coupons be payable at the Office
of the City Treasurer of and in said
coupons be in substantially the follow
ing forms:
UNITED STATES OF AMERICA
State of Wisconsin County of Wood
City of Grand Rapids
City of Grand Rapids.
Section 8. That such bonds and
PRESENTS that the City of Grand
Rapids, in the County of Wood and
State of Wisconsin, acknowledges it.
self to owe and for value received
promises to pay to bearer the sum
of Five Hundred Dollars ($500) on
the First day of January, 10, with
interest thereon at the rate of Five
90 per cent per annum from the date
hereof until paid, payable January 1
1919 and semi-annually thereafter or
the first day Of January and Of July
of each year upon presentation and
surrender of the interest coupons here
to attached as they severally mature
Both principal and interest hereof
and hereon are hereby made payable
at the Office of the City Treasurer OF
and in said City Of Grand Rapids
Wisconsin. For the prompt payment
of this bond, both principal and in.
terest as aforesaid, the full faith
credit and resources Of said City are
hereby irrevocably pledged.
This bond is issued for the purpose
of charging the water works system
in and for the use of said City, pur.
suant to and in all respects in compli.
ance with Chapter 40a and Sections
942 and 944 inclusive of the Statutes
| Of Wisconsin, 1917 and the acts amen.
latory thereof and supplemental there
| to.
It is hereby certified and ~eci1ec
that all conditions, things and acts
required by law to be and to be done
precedent to and in the issuing of this
bond have been, have happened anc
been performed in due form and time
as required by law, and that the in.
debtedness of said City, including this
bond, does not exceed any limitation
| imposed by law, and that provision
has been made for the collection of 6
direct annual tax sufficient for the
prompt payment of principal and in
terest hereon as the same mature.
IN WITNESS WHEREOF. the City
of Grand Rapids, by it's Common Coun.
Gil, has caused this bond to bear its
corporate seal, and to be signed by its
Mayor and City Clerk, and the inter.
est coupons attached hereto to be
signed by said officers by their respect.
i've fac smile signatures, which sale
officers do, by the execution hereof
adopt as and for their respective sig.
natures, their respective fac simile
signatures appearing on said coupons
all this First day of July, 1918.