Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1919-05-30
AN ORDINANCE


An ordinance to issue bonds for the pur-
pose of supplying the incorporated Village
of Wauseon Ohio and the inhabitants there
of with adequate supply of water.
Whereas at special election held in The
Village of Wauseon, State of Ohio, on the
18th day of May, 1919 for the purpose of
issuing bonds on the incorporated Village of
Wauseon, State of Ohio, to supply said Will
age and the inhabitants thereof with an ade-
quate supply of water the question of issu-
ing the bonds of said Village of Wauseon,
State of Ohio, in an amount and excess of
one per cent of the total value, of all pro-
perty in such Village of Wauseon, State of
Ohio, listed assessed for taxation, that
is, in the sum of One Hundred and Seventy
Thousand Dollars, for the purpose of supply
ing said Village of Wauseon, and the inhabi-
tants thereof with an adequate supply of
water, submitted to a vote of the qualifi-
ed electors of said Village of Wauseon, State
of Ohio and
Whereas, more than two thirds of the
voters, voting at such election, upon the
question of issuing said bonds voted in favor
thereof, now therefore,
Be it ordained by the Council of the Will
age of Wauseon, State of Ohio.
Section /. That the bond of the said Will
ge of Wauseon, State of Ohio, be issued IN
he sum of One Hundred Seventy Thousand
Dollars for the purpose of supplying said
Village of Wauseon. State of Ohio. with an
adequate supply of water: each of said
bonds to be in the denomination of One
thousand Dollars numbered consecutively
ated on the first day of June, 1919, and
made payable as fellows towit: One of said
bonds made payable on March first 1928. one
of said bonds made payable September first
1923, one of said bonds made payable March
first 1924. one of said bonds made payable
September first 1924, two of said bonds
made payable March first 1925. one IF sa4
bonds payable September first 1925 and two
If said bonds made payable on March first
,S26 1927, 1928, 1929, 1880 and 1881 and
me of said bonds made payable on September
irst 1925 and one of said bonds made pay
able March first 1927 and one of said bonds
made payable on March first 1928, 1929,
1880 and 1881 and three of said bonds made
Iayable on March first 1882, 1888, 1884, 1885
nd 1885, and two of said bonds made pay
able on September first 1882. 1888, 1884,
1876 and 1886, and three of said bonds made
payable March first 1887, 1888, 1889, 194t
Ind ly41, and two of said bonds made pay.
able September first 1887, 1888, 1889. 194t
1871, and three of said bonds made pay
de march first l942., 1943, 1914, 1945, 1946
DAT, 194S, 1949, 1850 and 1851, and thres
Of said bonds made payable September frs
-, 4.44, 1916, 1916, 1947, 1948, 194s
| $50 and 1851, and four of said bonds made
..yable March first 1852, 1858. 1854, 1885,
| nd 1856, andi three of said bonds made pay
| ole September first 1852. 1853, 1854, l96l
| ate OF i've per cent per annum payabl
| emi-annually, on the first day of March an
| eptember, of each year, as evidenced by cou
| .ons attached threoo. And said bonds shat
! un for a period of three to forty years in
usive and said bonds shall be payable a
| he office of the Treasurer of said Villag
| I Wauseon, State of OnIo.
| Section 2. Said bonds shall express upol
I eIr face the purpose for which they ar
| sued and that they are issued in pursu
of this ordinance. They shall be pre-
i go issued and delivered under the direc
| Ion of the finance committee and the Cler
| the Counsel of said Village of Wauseo7
,cate of Ohio, and shall be delivered at sal
rllage of Wauseon, State of Ohio. at tn
4 Peoples State Bank in said Village an
| shall be signed by the Mayor of said Villag
.lu by the Clerk of said Village and scale
| With the corporate seal of said Village an
| he interest coupons attached to said bonds
shall be executed by the Clerk of said Villag
With his signature thereto, Autographed there
| N.
| Section 8. Said bonds shall be first offer
ID at par and accrued interest to the Trus
tees of the sinking fund, in their offisis
capacity and if the Sinking Fund Trustee
refuse to take any or all of said bonds at pa
md accrued interest then said bonds not s
taken shall be advertised for public sale an
old in the manner provided by law, bu
1 not for less than their par value and accrue
interest
Section 4. The proceeds from the sale .
! aid bonds except the premiums and accrue
interest thereon. shall be placed in the vii
lge Treasury to the Credit of the waite
works fund and shall be used for the pur
BOSE of supplying the Village of Wauseon
i and the inhabitants thereof with an adequat
| supply of water and for no other PUrpos
md the premiums and accrued interest re
the Trustees of the Sinking Fund to be an
Il oiled by them in the manner provided b
| law.
Section 5. This ordinance shall take ef
feet and be in force from and after tn
earliest period allowed by law.
Passed May 10th. 1919.
Chas NJ Bulger, Mayor
Attest, Jas. C. King, Clerk z