Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1919-05-23

An ordinance to issue bonds for the pGr-
pose Or supplying the incorporated Vii age
of Wauseon Ohio and the inhabitants there
of with an adequate supply of water.
Whereas at a special election held in She
Village of Wauseon, State of Ohio, on tn
18th day of May, 1919 for the purpose of
issuing bonds the incorporated Village OF
Wauseon, State of Ohio, to supply said Will
age and the inhabitants thereof with an ade
ouate uru4y of water the question OF ssu-
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, as listed or 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 ot
water, was submitted to vote of the qualif-
cd electors Of said Village of Wauseon, State
of Ohio and
Whereas, more than two thirds of the
voters, voting at such eection, 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 l. That the bond of the said Will
age of Wauseon, State of Ohio, be issued II
the sum of One Hundred Seventy Thousand
Dollars for the the purpose of supplying ssif
adequate supply of water; each of said
bonds to be in the denomination of One
thousand Dollars numbered consecutively
ON one to one hundred and seventy al
dated on the first day of June, 1919, and
| made payable as follows towit: One of said
bonds made payable on March first 1928, one
| of said bonds made payable September first
| 1928. one of said bonds made payable March
| first 1924 of said bonds made payable
September first 1924, two of said bonds
| made payable March first 1925 one If sa
bonds payable September first 1925 and two
| of said bonds made payable on March first
| 1925, 1927, 1928, 1929, 1880 and 1881 and
one of said bonds made payable on September
| frVt 1926 and one of said bonds made paw
| 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
payable on March first 1882, 1898, 1894, 1885
WI 1895 and two of said bonds made pay
able on September first 1882 1888, 1894,
| 1885 and 1885, and three of said bonds made
payable March first 1887, 1888. 1889. 194o
| ard 1o41 a~d two of said bonds made pay
able September first 1887. 1888. 1889. 194I
an 1941, and three of said bonds made pay
able March first 1942,, 1943, 1914, 1945, 1916
| Ia47, 1948, 1949, 1850 and 1851 and thre.
"a 1945. 1916 1947, 194S. 194g
| 1850 and 1851, and four of said bonds made
'avabe March first 1852, 1858, 1854, 1876
| and 1856. and three of said bonds made pay
able September first 1852. 1853 1854, 1851
and 1856. And all bearing interest at th
| rate of five per cent per payable
semi-annually, the first day of March anJ
| September of each year, as evidenced by cou-
oons attached threto. And said bonds shaI
run for period of three to forty years in
| elusive and said bonds shall be payable a
| she office of the Treasurer of said Village
Of Wauseon. State of Ohr.
! Section 2. Said bonds shall express upon
aeir face the purpose for which they arr
issued. and that they issued in pursu.
nee of this ordinance. They shall be pre-
a~ed, issued and delivered under the drec
tion of the finance committee and the CLERK
| of the Counsel of said Village of Wauseo1
| State of Ohio and shall be delivered at sai'
Village of Wauseon, State of Ohio, at the
| PEOPLES State Bank in said Village an,
shall be signed by the Mayor of said VilIag,
and by the Clerk of said Village and scale
| with the corporate seal of said Village anG
he interest couDons attached to said bonds
| shall be executed by the Clerk of said Village
with his signature thereto, autographed there
on.
Section g. Said bonds shall be first offer
ed at par and accrued interest to the Trus.
tees of the sinking fund, in their offitia
capacity and if the Sinking Fund Trustees
refuse to take any all of said bonds at pal
and accrued interest then said bonds not 81
taken shall be advertised for public sale ant
sold in the manner provided by law, bur
not for less than their par value and accrued
interest
Section 4. The proceeds from the sale d
aid bonds except the premiums and accruet
interest thereon, shall be placed in the VIII
aoe Treasury to the Credit of the water
works fund and shall be used for the pur.
pose of supplying the Village of Wauseon
and the inhabitants thereof with adequat,
supply of water and for no other pUrpos,
premiums and accrued interest re-
ceived from such sale shall be transferred T.
the Trustees of the Sinking Fund to be ap
oiled by them in the manner provided by
law.
Section 5. This ordinance shall take eff
feet and be in force from and after thf
earliest period allowed by law.
4 Passed May 18th, 1918.
Chas. M. Bulger, Mayor
Attest, Jas. c. King, Clerk 7-z