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

1
adopted by the c0mmonc0uncIl Of tie
city OF Hurley, iron county. Wis,
at regular meeting thereof held on
the 5th day 81 July, 1921:
RESOLVED, that ordinance entitled
An Ordinance providing for the
issue OF Nineteen Thousand Five
Hundred Dollars tSl9 500 street I'm
proyement Bonds Of the City Of Hur-
ley. Wisconsin. this day introduced,
he taken mp for final passage by this
Common Council at ire regular meet-
ing thereof to be convened II the
City Hall Oh Tuesday, the 18TH day
OF July, 1921. at 7:45 o'clock T.. NJ.
RESOLVED FURTHER, that the City
Clerk do publish ia the Montreal
River Miner and the Iron County
News the official newspapers of said
City. at least one week prior 20 he
date Of the regular meeting wbereat
said proposed ordinance VIII be taken
up for final passage. a notice iu sub
stantlallythe following form:
NOTICE
10 the people and voters Of the City
OF Hurley. Wisconsin.
Notice is hereby given that there
has been introduced and is now pend
ing IN and before the Common Council
of said City, and viii, at a regular
meeting of said Common Council, to
be held in the Council Chamber ia the
City Hall Of and in said City, on the
18th day of July, 1921 atT:45O' clock T.
NJ, 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 t$l9, 500 Street Improve
Bonds OF the City of Hurley. Wiscon-
sin.
WHEREAS. it is, by this he 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 ia and
of said city. and it has been found
and determined that such street i'm
prOytments are to be paid for by said
city ia the sum of Nineteen Thousand
Five Hundred Dollars ISIS. 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
TO the extent that such Improvements
are to be- paid for 10y said city. there
be borrowed upon the credit Of said
city, the sum of Nineteen Thousand
Five Hundred Dollars (S19.500) and
that bonds be issued therefor.
Section :. That said bonds be de
signated Street improvement Bonds.
be dated June /, 1921, be OF denomiua-
tlon Of $500 numbered from / 20 80
and mature in numerical order J 900
on June | OF each of the years 1922 TO
1910 Oh June 1871 That said bonds
bear interest at the rate OF SIX per
cent per aunum, payable December d.
1921, and selnl-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 lhelnterest upon said bonds be ev-
ldeuctd by coupons thereto attac bed
maturing on theseVeral DAYS Wheusuch
interest natures aud that such cou-
p0us be signed by he said Mayor and
cry Clerk by their respective fac
slmllt signatures, aud said officers
shall, by the execution OF said bonds
adopt AZ and for their own proper
respective signatures their respective
FAC slmlle signatures appearing Oh
SAID coupons that said bonds and
coupons be payable al Central Trust
Company OF Chicago, Chicago. H.
Section 3. That said bonds and
coupons be 10 substantially the fol-
lowing form.
FORM OF BOND
UNITED STATES OF AMERICA
STATE OF WISCONSIN, COUNTY