Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1918-04-05
NOTICE OF SPECIAL
TOWN MEETING.

Supervisors of the Town of Lincoln,
Villas County, Wisconsin, on the End
day of April, 1918, duly passed and
adopted the following resolution to-
wit:
State of Wisconsin,
Villas County, SIS.
Town of Lincoln.
WHEREAS, It is necessary that
one bridge be constructed in the said
town of Lincoln, which shall be con-
structed across the Wisconsin River
in Section Twenty, Township Forty
North, of Range Ten East, and
WHEREAS, it is deemed for the
best interests of the said Town of
Lincoln that the said bridge be con-
structed with County aid under the
provisions of Section 1919 of thessSta-
tutes, and the cost of the share of the
town in such construction betrayed by
issuing and negotiating a sufficient
amount Of negotiable bonds for that
purpose.
NOW THEREFORE,, BE IT AND
IT IS RESOLVED by the Board of
Supervisors Of the Town of Lincoln,
Villas County, Wisconsin, that tie
said town does hereby determin and
declare that it is necessary for the best
interests of said town to provide for
the construction with county aid I'M
der the provisions of Section 1919 Of
the Statutes, OF one bridge in said
town, which bridge shall be con-
structed across the Wisconsin River
in Section Twenty, Township Forty
North, of Range Ten East, and to is
sue bonds for the purpose of provid-
ing the money necessary to pay the
share Of the said town in the cost of
such construction, to the amount of
Four Thousand Dollars (S4,OOO.OO)
with interest at six per centum (6%)
per annum, which sum, in the judg-
ment of said board is necessary and
which will also be ample and sufficient
to pay all expenses of the share of
said town in the cost of construct on
of the said bridge, said bonds to draw
interest at the rase of six per centum
(6%} per annun payable as follows:
$4,000 payable on the first day of
June, 1920,
$4,000 payable on the first day Of
June, 1921,
$4,000 payable on the first dny of
June, 1922,
$4,000 payable on the first day of
June, 1928,
$4,000 payable on the first day Of
June, 1924,
and to consist of five bonds of Eight
hundred dollars (S8O0.OO each, with
interest coupons attached, said bonds
to be dated June l, 1918, and to bear
interest at the rate Of six per centum
1871 per annum to be payable as fol-
lows: The first installment of inter
est to be due and payable on the first
day of June, 1920, and annually on
the first day of June of each year
thereafter: that they are to be nego-
TABLE coupon bonds payable to bearer
and to be made payable, principle anil
interest, at the Eagle River State
Bank, of Eagle River, Wisconsin, and
the said bonds are to be sold and ne
gotiated by Henry Rath, Chairman Of
said town, and E. B. Croker, Town
Clerk of said town, who are hereby
authorized to represent the said town
in the selling and negotiating thereof
at not less than par value, and the
proceeds thereof are to be used solely
and EXCLUSIVELY for the meeting of
the expense incident to constructing
the bridge in said town as aforesaid
and,
BE 1T AND 1T is HEREBY FUR
THEIR r ESOLVED, That Edward
Croker, Town Clerk of said Town of
Lincoln, is hereby ordered and di-
rected to give notice Of a special
election to be held for the purpose of
voting upon said proposition to issue
said bonds pursuant to the provisions
of Section 943 of the Wisconsin Sta
tutes, and
BE IT AND 1T is HEREBY
FURTHER RESOLVED, that the
question of leyying by said town of a
direct annual tax upon all the tax
able property in said Town of Lincoln
in addition to all other taxes, suffi-
cient to pay when due all interest as
it grows due on said bonds and also
pay and discharge the principle there
of when the same shall become due,
shall be submitted to special Town
Meeting of the electors and legal yot-
ers of the said Town of Lincoln. In
case request for said meeting shall
be duly made, pursuant to the pro-
visions of Section 788 of the Wiscon-
sin Statutes, in the manner provided
by Section 943 of the Wisconsin
Statutes.
Dated this End day of April, 1918.
Cirno1. TohT Droooor