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

The following Resolution was
adopted by the commoucOuucil Of tie
city Of Hurley, Iron county. Wis,
AT regular meeting thereof held on
the 9Th day Of July, 1921:
RESOLVED, that ordinance entitled
An Ordinance providing for the
issue of Nineteen Thousand Five
Hundred Dollars 1919 .500 street I'm
provement Bonds Of he City Of Hur-
ley, Wisconsin, this day introduced,
be taken mp for final passage by this
Common Council at ttr regular meet
ing thereof 10 be convened al the
City Hall on Tuesday, the 18th day
of July, 1921. at 7.45 O'Clock +. NJ.
RESOLVED FURTHER, that the City
Clerk DO publish in the Montreal
River Miner and the Iron County
News tie official newspapers Of said
City, at least one week prior 20 the
date OF the regular meeting Whereat
said proposed ordinance VIII be- taken
up for final passage. notice iu sub
stantiailythe following form.
NOTICE
To the people and voters Of the City
Of Hurley. Wisconsin.
Notice is hereby given that there
has been introduced aud is now pend
ing In aud before the Common Council
of said City, and will, at a regular
meeting of said Common Council, to
be- held ia the Council Chamber in be
City Han Of and in said City, on the
18TH day of July, la2iatT:45O' clock p
n ., be called up for final reading and
consideration and for passage. the
following proposed ordinance, to-wit.
AN ORDINANCE providing for the
issue of Nineteen Thousand Five Hun
dred Dollars tSla, 500 Street Improve
Bonds OF the City of Hurley, Wiscon-
sin
WHEREAS. il is, by this the common
council OF the city of Hurley, deemed
necessary and for the best interest Of
the citizens and residents of said city
that certain improvements be made
in and to certain Of the streets in aud
OF said city, and it has been found
and determined that such street i'm
prOyements are to be- paid for by said
city ia the sum Of Nineteen Thousand
Five Hundred Dollars tSla 500;
Now. THEREFORE, the common
council of the city of Hurley, do or
dain as follows
Section That, for the purpose of
providing funds to pay the cost OF
improving streets in and of said city
10 the extent that such improvements
are to be paid for by sa a city. there
be borrowed upon the credit of said
city, the sum Of Nineteen Thousand
Five Hundred Dollars (SIg.500) and
that bonds be issued therefor.
Section ?. That said bonds be de-
signated Street improvement Bonds.
be dated June /, 1921, be Of denomiua-
ton Of $500, numbered from ! TO 80
and mature in numerical order 81 900
on June OF each of the wears 1922 to
1910 on June l, l94l That said bonds
bear interest at the rate of SIX per
cent per aunum, payable December ],
1921, and seml-anuually thereafter on
the LIST day OF June and of December
OF each year that said bonds be-
signed by the Mayor and sealed with
the corporate seal Of said city. at
tested by the City Clerk, thereof and
that iheinterrst upon said bonds be ey-
ldenced by coupons thereto attached,
maturing0 on theseyeraldavs whensuch
interest natures, aud that such cou-
pOus be signed by the said Mayor aud
city Clerk by their respective fac
slmile signatures, aud said officers
shall, by the execution of said bonds
adopt as and for their own proper
respective signatures their respective
fac slmlie sig natures appearing on
said coupons, that said bonds and
coupons be payable ut Central Trust
Company OF Chicago. Chicago. I'LL.
Section g. That said bonds and
coupons be DO substantially the fol-
lowing form.
iFORM OF BOND
NiTED STATES OF AMERICA
STATE OF WISCONSIN. COUNTY
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