Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1919-07-29
FRANK N. BLEcHA. City Clerk.
AN ORDINANCE.

Oy law.
FRANK N. BLEcHA. City Clerk.
AN ORDINANCE.
Providing for the issue of Bonds for the pur-
chase OF Vocational School Equipment.
The Common Council of the City OF Waussu
do ordain as follows:
Section 1. For the purpose OF providing
funds for the equipment OF the Voca tional
ordered to be issued the negotiable bonds of
said city OF WauSau, in the sum OF TWEEN ty-tWo
thousand dollars, consisting Of bonds OF one
thousand dollars, each numbered from one TO
twenty-five both inclusive.
Section 2. The said bonds shall be styled
Vocational School Bonds and Shall be dated
October list, 1919. bear interest at five per cent
per annum. payable semi annually on the first
days OF April and October in each year upon
coupons, which shall be annexed to said bonds;
both principal and interest To be pay able at
the office OF the treasurer OF the said city OF
All of said bonds shall mature and be pay
able as follows;
Numbers one to twenty-five. both inclusive.
shall be payable October LIST 1929
Section 8. Said bonds hall be signed by the
Mayor and atteSted by the City Clerk. and the
seal OF said city shall be affixed theI eto and
the coupons thereto attached shall be sig ned
by the Autographed signature OF said ma yor
and city clerk. Said bonds shall be substan-
tally in the following form:
United States of America
state OF Wisconsin,
County of Marathon,
lily OF WauSau
:, VOCATIONAL scHoOL1EoUIPMENT
| No. BONDS. $1,000
Know All Men By These Presents, That the
City OF Wausau. in the county of Marathon
and state of Wisconsin. acknowledges itself to
owe and for value received hereby promises
TO pay to the bearer on the LIST day of tober
| 1929. the principal sum of one thousand dollars
| lslO0000) together with interest ON said sum
from the date hereof until paid. at the rate OF
| five per cent per annum. payable semi annu-
ally on the first days of April and October in
each year in accordance with and upon pre-
| Sentation and surrender of the interest cou-
pons hereto attached as they severally become
| due. both principal and interest hereof are
| payable in lawful money OF the United States
OF America. at the office OF the treasurer o
said city, and for prompt payment of this
| bond with interest, as aforesaid at maturity,
the full faith. credit and resources of said city
| are hereby irrevocably pledged. This bond is
| issued for the purpose OF providing funds
| for purchasing equipment for the Vocational
| School of the city OF Wausau in accordance
| with the provisions OF q resolution 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 ana provided, and in particular sections
925-l33-942 and 943 of the Wisconsin Statutes OF
1895 together with all acts amendatory ere
OF or supplemental thereto.
IL Is hereby certified and rected tn. all
acts. conditions and things required by the
constitution and laws of the state of Wiscon-
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, and that provision
has been made for the collection of a direct
annual tax in addition to all other taxes on
all OF the taxable property of the said city
sumclent 70 pay and discharge the principal
hereof at maturity.
In Testimony Whereof, the said city OF
Wausau, by its Common Council has caused its
corporate seal to be hereto affixed and this
bond to be signed by its mayor and attested
kfG ait ole h.. a..a.
hereto attached to be signed with the nth y
gPaphed signatures of said mayor and clerk,
all as of the first dav Of October A. d: 1919.
Attest: FRANK N. BLEoHA. City Clerk
(Coupon.)
| Number - October LIST. 1919. S25 90
The City OF Wausau will pay the bearer the
| sumOf twenty -hye dollars IN lawful money OF
| the United StatoS OF America at the Office OF
its treasurer as semi-annual interest due that
| day, on its Vocational School Equipment
Bonds dated October LIST. 1919, number--
JOHN l.. SELL. Mayor.
FRANK N. BLECHA. City Clerk
Fourth: For the purpose OF providing for
the payment OF the principal and interest OF
the said bonds as and when the same become
due. there shall be and there hereby is levied
upon all taxable property within the said city
of Wausau. in addition to all other taxes
direct annual tax sufficient to pay the inter-
| est on such bonds as the same falls due, such
| tax to be spread and collected with the regu-
lar city tax for the years 1919 TO 1925 inclusive
and further a direct tax for the payment OF
the principal thereon when the same becomes
due, as follows. /. g.: There Is hereby levied
upon the taxable property OF the City OF
Wausau. 10 be spread and collected with the
taxes OF 1928 the sum OF twenty-five Thousand
dollars to pay numbers one to twenty-five in
elusive OF said bond. falling due oct /. 1929.
Fifth. The said bonds shall be negotiated
and sold by the mayor and finance committee
OF the Common Council of said city at not less
than their par value and the proceeds OF said
bonds shall be used for the purpose OF pnr-
chasing the equipment necessary for said Vo-
cational School In the city OF Wausau.
This ordinance shall be In effect on and
after its passage and publication required
by law.
Adopted this 5th day OF August 1919.
Attest. FRANK n. BLECHA, City Clerk
JOHN l.. SELL, Mayor.