Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-07-09

$500 each, numbered from 10 20. both
numbers included, and mature in numer-
zeal order 81 900 on the first day OF June
of each of the years 1922 10 1881, incIu-
sIye. That said bonds bear interest at the
rate of six per cent per annuul. payable
December !. 1921. and semi-annually there
after on the first day of June and Deem
Der OF each year, and that such interest
be evidenced by coupons attached to said
bonds, maturing on the several days when
interest on the said bonds natures. That
said bonds be signed by the mayor of
said city and countersigned by the city
clerk, and be sealed with the corporate
seal of said city, that the coupons attach
ed 10 said bonds be signed by said mayor
and city clerk by their facsimile sigma
lures, and such officers shall, by the exc
cution Of said bonds. adopt as and for
their own proper signatures, their res
pective facsimile signatures appearing on
said coupons. That bonds and coupons
be payable at Central Trust Company of
Chicago. Chicago. Illinois.
Section 3. That said bonds and cou-
pons be in substantially the following
forms:
Form Of Bond)
UNITED STATES OF AMERICA
STATE OF WISCONSIN,
COUNTY OF IRON, CITY OF HURLEY.
SEWER BOND.
No $500.
KNOW ALL MEN BY THESE PRES
ENTS: Tnat the City OF Hurley. in the
County Of Iron, and State of Wisconsin,
hereby acknowledges itself TO owe and
for value received promises to pay bearer
On the first day OF June, l9- the sum Of
Five Hundred Dollars $500, together
with interest thereon from date hereof
until paid, at the rate Of six per cent 6so }
per annum, payable December /, 1921,
and semi annually thereafter on the first
day OF June and of December of each
year, upon presentation and surrender Of
the coupons hereto attached as they sew
orally mature. Both principal hereof and
interest hereon are hereby made payable
at Central Trust Company of Chicago,
Chicago. Illinois. For the prompt pay
ment hereof, both principal ard interest
the full faith, credit and resources of said
CITY are hereby irrevocably pledged.
This bond is one of an issue of Ten
Thousand Dollars (Sl0,0O0l, all of like
date, tenor and effect, save as 10 maturity.
issued for the purpose of constructing
sewers in and for said city. pursuant TO
and in all respects in compliance with the
Wisconsin Statutes, and an ordinance
duly passed by the Common Council of
said city and duly approved and published.
And il is hereby certified and recited
that all conditions. things and acts re-
CURED by law TO exist, 10 be and to be
done precedent to and in the issuance of
this bond, have existed have been done
and performed in apt time and due form
Of law, that the Indebtedness of said city.
including thlI bond does not exceed any
limitation imposed by law, and that pro-
vision has been made for the collection
of direct annual tax sufficient to pay
the interest hereon as it falls due and
also to pay and discharge the principal
hereof at maturity.
IN TESTIMONY WHEREOF, the City
of Hurley by its Common Council. has
caused this bond to be signed by its
mayor, attested by its city clerk and
sealed with its city seal, and the coupons
hereto attached to be signed by said Of
fcers by their facsimile signatures. and
said officers do, by the execution hereof.
adopt as and for their own proper sigma
lures, their respective facsimile sigma
lures appearing on said coupons, all this
first day Of June, 1921.