Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1920-04-30

ana ADOPTED the following resolution, to-wlt:
State of Wisconsin,
Villas County SSS.
Town of Eagle River,
WHEREAS the Town of Eagle River, in vi
las County, Wisconsin, has population in ex-
cess OF five hundred and has therein an unin-
eorporated village to-wit: the village of Eagle
River, and
WHEREAS, the annual town meeting of said
town of Eagle River at the last preceding an
nual town meeting held on the first Tuesday of
April A. D. 1919, duly adopted resolution
comforting upon said town and directing the
town board Of said town to exercise all powers
relating to villages and conferred on village
boards BY hapter 45q OF. the Wisconsin Stat
utes of 1917, except such powers, the exercise
OF which would conflict with the statutes re-
lating to towns and town boards and said reso-
luton having been duly recorded in the rec
ords of the said town and were duly passed and
adopted by the electors and legal voters of
said town, and
WHEREAS, said Chapter 45q of the Wiseon-
sin Statutes of 1917 has been amended, CONSOLE
dated and remembered Chapter 81 of the Wis
consin Statutes of 1919, and
WHEREAS, there is conferred upon said
town by virtue of subdivision (14) of Section
of Chapter 81 of the Wisconsin Statutes of 1919,
as amended, consolidated and remembered the
power to provide the village of Eagle River
with fire protection, to purchase fire engines
and other necessary apparatus for the ex-
tinguishment of fires and erect and construct
pumps, water mains, reservoirs and other
water works; and to construct and maintain
waterworks for the supply of water to the in
habitants thereof; and by subdivision (23) of
said Chapter 81, to erect lamp posts and lamps
and provide for lighting any portion of the
village by gas or otherwise, and by the Gener-
al Laws of the state to arrange for raising Of the
funds necessary to pay for the work and ma
terial for said purpose by direct taxation or by
the issuing of bonds Of said town for the pur-
pose of meeting the expense thereof;
NOW THEREFORE, Be it and it is hereby
resolved by the Board of Supervisors of the
Town of Eagle River, in Villas County, Wis
consin, that the said town does hereby deter
mine and declare that it is necessary for the
best interests of the town that there be pro-
vided and installed a new water wheel new
generator and such additional equipment and
improvements to the present power plant and
water works and lighting systems as is neces-
sary and required for the proper protection of
the village of Eagle River against fire, for the
purpose of furnishing to the inhabitants of
said village with water, and for the lighting of
any part of said village of Eagle River, and
that the Town of Eagle River issue bonds for
the purpose of providing the money necessary
therefor to the amount of Seventeen Thousand
(S17 100000 Dollars bearing interest at the rate
of six per cent Is per cent per annum, interest
payable miannually, which same, in the
Judgment of the board is necessary and which
will be ample and sufficient to pay all expenses
for properly providing the new equipment for
the better lighting and water systems of the
village of Eagle River, said bonds to draw in
terest at the rate of six per cent Is per cent?
per annum, interest payable semi-annually,
and payable as follows:
81 10000 payable on the first day Of June, 1921,
81, 10000 payable on the first day of June, 1922,
81 100000 payable on the first day of June, 1928.
81 10000 payable on the first day of June, 1924,
81 10000 payable on the first day of June, 1925,
81 10000 payable on the first day Of June, 1926,
81 10000 payable on the first day of June, 1927,
81 10000 payable on the first day of June, 1928.
81 10000 payable on the first day of June, 1923,
ST 10000 payable on the first day of June, 1880,
81 0OO 90 payable on the first day of June, 1881,
81 10000 payable on the first day of June, 1882,
81 100000 payable On the first day of June, 1888,
81 0OO 90 payable on the first day of June, 1884.
81 OOO 90 payable on the first day of June, 1885,
81 10000 payable on the first day of June, 1886,
81 600 90 payable on the first day of June, 1887,
and to consist of seventeen ~ bonds of One
Thousand ($lOOOO0) Dollars each, with sem-an-
uual interest coupons attached, said bonds to
be dated the first day of June, 1920, and to bear
interest at the rate of six per cent Is per cent
per annum, interest payable semi-annually,
they are to be negotiable coupon bonds pay
able to bearer and to be made payable, princi-
pal and interest, at the First National Bank of
Chicago, Illinois, and said bonds are to be sold
and negotiated, at not less than par and accrued
interest," by the Town Chairman Of the Town
of Eagle River, who is hereby authorized to
represent the said town in the selling and ne
gotiating thereof, and the proceeds thereof are
to be used solely and exclusively for meeting
of the expenses incident to providing and in
stalling new water wheel, new generator
and such additional equipment and improve
ments at the present power dam and sub-sta-
ton, waterworks and lighting systems as is
necessary and required for the proper protec-
ton of the village of Eagle River from fire. for
the purpose of furnishing the inhabitants of
said village with water, and for lighting any
part of said village.
Be it. and it is hereby, further resolved that
s. R. Van Bussum, Town Clerk of said Town
of Eagle River, is hereby ordered and directed
to give notice of a special town meeting and
election to be held for the purpose Of voting
upon said proposition to so issue said bonds
pursuant to the statutes in such case made
and provided and
Be it, and it is hereby, further provided that
the question of the levying by said Town of
Eagle River of direct annual tax upon all of
the taxable property in said Town of Eagle
River, in addition to all other taxes sufficient
to pay when due all interest as it grows due
on said bonds and also to pay and discharge the
principal thereof when the same shall become
due shall be submitted to special town meet
ing of the electors and legal voters of the said
Town of Eagle River in case request for said
meeting shall be duly made pursuant to the
provisions of Sections 60.l2, 60.13 aud COLA of
the Wisconsin Statutes of 1919
Dated this End day of April, A. d. 1920
Signed: A. j. DENoYER,
Supervisor.
Therefore pursuant to the foregoing resolu
ton, Notice is Hereby Given to the electors
and legal voters of the said Town of Eagle Riv
er, in Villas County, Wisconsin, that a Special
Election will be held at the Town Hall in said
village of Eagle River, that being the same
place where the last annual town meeting of
said town was held on the 18th day of May,
1920, for the purpose OF voting upon the ques-
ton of raising money by the issuing of bonds
to the amount of Seventeen Thousand
tod in