Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1919-08-15

Number %, March 18th, 1886,
Number %, March lSth. 1887,
Number "a, March 18th, 1898,
Number rs, March 18th, 1899.
Section ~. Said bonds shall bear inter-
est at the rate Of FIVE go per cent. per an
mum, payable semi annually on the fifteenth
days Of March and September in each year,
upon interest coupons which shall be at
tached thereto for the payment of such
semi annual interest at the First National
Bank of Wauwatosa, in the City of wauwa-
tosa, Wisconsin.
Section V. The form of said bonds shall
be substantially follows:
STATE OF WISCONSIN - MILWAUKEE,
COUNTY CITY OF WAuWAToSA
wauwatosa City School Bands. Sixth Series
100000.
Know ALL MEN BY THESE PRES
ENTS, That the City of WauwatGsa is just
ly indebted to and viii pay the bearer at
the First National Bank of Wauwatosa, in
the City OF Wauwatosa Wisconsin, One
Thousand Dollars (s1,000.00). in lawful
money of the United States of America, on
the 18th day of March in the year b.,
together with interest thereon at the rate
of FIVE (5) per cent. per annum, payable
semi annually on the fifteenth days Of March
and September in each year, upon the pre-
sentation of the annexed interest coupon
therefor for the payment of which sums,
both principal and interest the faith ana
credit of said City inviolably and ire
vocaby pledged
This bond is one OF series of twenty
FIVE (25) bonds of One Thousand Dollars
purpose
borrowing additional money to be used In
erecting a central grade school build
ing in said City of Wauwatosa, Wisconsin.
And it is hereby reeited and certified
that all the acts, conditions and things re-
quired to be done and performed preceding
the issue Of said bonds have been properly
done and performed in due form as re-
quired by law, that the value Of taxable
property in the City Of Wauwatosa, Wis
consin according TO the last assessment for
state and County taxes is $7,041, 235.00, and
that there is existing Indebtedness of
said City, excepting for the sum Of s245,-
10000, principal due on water, sewer,
school and street Improvement bonds here
tofore Issued and the Indebtedness for the
series of school bonds, of which this is
one.
And the said city of wauwatosa. Wis
eonsn, hereby agrees and covenants with
the holder of this bond not to become In
debted in any manner or for any purpose
in the aggregate exceeding five CD per
centum on the value of the taxable prop
erty in said City. to be ascertained by the
last assessment for State and County taxes
previous to the mourning of such indebted
ness.
sealed with the corporate seal of said City,
signed by the Mayor and countersigned by
the city Clerk of said City of the 18th
day of September, 1919, and the Interest
coupons hereto attached signed by the city
Clerk alone by his fac-simile signature,
whichs said officers do by execution hereof
adopt as and for his signature. the fac
ali as of the date of '....'
1919.
(sEAL1 Mayor CITY of wauweto,a
Milwaukee County, Wisconsin.
countersigned
City Clerk, City Of Wauwa tosa,
Milwaukee County, Wisconsin.
Section vi. The interest coupons at
taehed to said bonds shall be signed by the
fac-simile signature OF the City Clerk alone.
which has been adopted, and is hereby
adopted as and for his official fac-simile
signature, as Of the date of ...........:.
........ ..s.......,t 1919, ana snail pc SUD
stantially in the following form:
The city of Wauwatosa, Wisconsin, will
pay to the bearer at the First National
Bank of Wauwatosa, in the City of Wauwa-
tosa, Wisconsin, on the 18th day Of.
...............,. 19......s$
senni-annual interest on Wauwatosa School
Bonds Sixth Series, number .............,.
Dated .....................p ls.'.t,.'
.. E. =
city clerk. city of Wauwatosa,
Milwaukee County, Wisconsin.
Section VII. The coupons attached TO
each bond shall be conseentiyely numbered,
beginning with one % as the number or
| the FIRST installnent of semi annual inter
est on Said bond. two 20 as The second IN
| stailment of semi annual interest on said
bond. and SO on eonsecutiveiy with each
coupon.
| date as of the 18th day of September, 1919.
They shall be sealed with the corporate sea-
of said City signed by the Mayor and coun-
tersigned by the City Clerk of said City
| Of Wauwatosa, wisconsin, and shall be dis
posed Of as the Common Council shall here
| after determine, provided, however, that
none of said bonds shall be sold at less than
Section TX. The city Clerk is hereby in
| sfructed to advertise for sealed proposals
for the purchase Of said bonds at the time
| and in the manner hereafter directed by
4 said Common Council.
Section X, The money realized from the
| sale Of said bonds shall he paid into tbs
/ treasury of the City of WauNatosa, Wis
| consin to be used in defraying the ad-
| ditional cost of erecting new central grade
| school building IN said city.
Section XI. To provide means for the
/ naymeut Of the principal Of said bonds and
/ Of the semi-annual interest thereon as i
| falls due there is hereby levied an annual
| tax upon all the taxable property, real ana
1 consin. in addition TO all other taxes SUI
| 6cieut 20 pay when due, the interest SEM
/ annually growing due on the said Donds, aho
also to pay and discharge the ptineipai
thereof at the time the same shall become
/ due.
/ be actually collected for the payment o.
! the principal Of the said bonds, the Cit3
4 Treasurer shall proceed in the caneelaton
/ Of all said bonds which have matured %
Il an amount equal 10 the amount so collected
| ard al bonds paid for or otherwise retired
1 shall he forthwith marked CANCELLED
4 By the City Treasurer and shall be by MIN
i returned 10 the Common Council Of the sala
i City Of Wauwatosa, Wisconsin, Wnich shai
/ forthwith publicly cancel the same
Il Section XIII. This ordinance shall take
4 effec. and be in force from ana aitef i'a
1 pa.sage and publication
/ Passed and dated IN the City Of Wauwa-
tosa, wisconsin this. $780,. . cay o. '.'''''
..-...-.....- ...--..t..''.' A7As'
i !. - :. .. -
city clerk wauwatosa, Wisconsin.
Approved this. Gay o. -.,.s.''..'
.................-.. 1919