Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1921-04-08

or WauWatoSa, in the CITY OF VduWa-
Section y. The form Of said bonds
shall be substantially as follows
STATE OF WISCONSIN, MILWAUKEE,
COUNTY, CITY OF WAUW ATOSA.
Wauwatosa City School Bonds.
Eighth Series.
$1,00000.
KNOW ALL MIsN BY THESE PRES
ENTS, That the city of Wauwatosa is
justly indebted to and will pay the
bearer at the First National Bank of
Wauwatosa, in the city of Wauwatosa,
Wisconsin One Thousand Dollars ($1,-
000.00), in lawful money of the United
States of America, on the 18th day of
March in the year ~ together with
interest thereon at the rate of Six t6)
per cent per annum payable semi ian
hually on the fifteenth day Of March and
September in each year. upon the pre-
sentation of the annexed interest cou-
pom therefore, for the payment of
which sums. both principal and inter-
est the faith and credit of said City
are inVioiably and irreyocably pledged.
This bond is one of a series of sixty
five (65l bonds Of One Thousand Dol
lars (S1,00O00) each, issued for the pur-
pose of borrowing money to be used
in erecting new grade school build
ing IN said City ofAWauwatosa Wis
And it is hereby recited and certified
that all the acts, conditions and things
required TO be done and performed
preceding the issue of said bonds Ssye
been properly done and performed in
due form as required by law; that the
value of taxable property in the city of
Wauwatosa, Wisconsin. according to
the last assessment for State and
County taxes, is SS.S66, 10000. and that
there is no existing Indebtedness of
said City, excepting for the sum of
$264. 10000, principal due on water.
sewer, school and street Improvement
bonds heretofore issued. and for the
indebtedness for the series of School
Bonds, OF which this Is one.
And the said City of Wauwatosa.
Wisconsin, hereby agrees and COW
enants with the holder of this bond not
to become indebted in any manner or
for any purpose in tie aggregate eX-
ceding five go per centum on the
value OF the taxable property in said
City TO be aseertained by the last as
sessment for State and County taxes
previous to the mourning OF such JIM
dehtedness.
IN WITNESS WHEREOF. This bond
is sealed with the corporate seal of
said city, signed by the Mayor and
countersigned by the City Clerk of said
city as of the 18th day of March. 1921,
and the interest coupons thereto at
taohed signed by the City Clerk alone,
by his fac-simile signature which said
Officers do by execution hereof adopt
as and for his signature, the fac-simile
signature appearing on said coupons
all as OF the date of. .......,..., 1921.
Mayor. city Of wauwatosa.
,er Milwaukee County
tSEALl Wisconsin.
Countersigned.
City Clerk, city of Wauwatosa.
Milwaukee County Wisconsin,
Section vi. The interest coupons at
tached to said bonus shall be signed
by the fac-simile signature Of the City
Clerk alone, which has been adopted.
ana IS hereby adopted as and for his
official fac-simile signature. as Of the
be substantially in the following form:
The city of Wauwatosa. Wisconsin,
WIFI to the haa NJ he
National Bank of WauwatoSa, in the
city Of Wauwatosa. Wisconsin. on the
sSmi-annuai interest on wv s, S,;,,;.
School Bonds, Eighth Series, number
Dated ...... 1s..
city clerk. city Of Wauwatosa,
milwaukee, County, Wisconsin.
Section VII; The, coupons attached
to each bond shall be consecutively
numbered, beginning with one 40 as
the number of the first installment of
semi-annual interest on said bond two
stallment OF semi-annual interest on
said bond and SO on Consecutively
with each coupon.
Section VIII. The said bonds are to
bear date as of the 18th day of March,
1921. Dhey shall be sealed with the
corporate seal of said city. signed by
the Mayor and c0unterSigned by the
City Clerk of said City OF Wauwatosa.
Wisconsin. and shall be disposed of as
the Common Council shall hereafter
determine. provided. however, that
none Of said bonds shall b. sold at less
than par.
Section TX. The ci,y Clerk is here
by instructed to advertise for sealed
proposals for the purchase of said
bonds at the time and in the manner
hereafter directed by said Common
Council
Section X. The money realized from
the sale OF said bonds shall be paid
into the Treasury of the City Of Wru-
watosa. Wisconsin. TO be used in de-
fraying the cost of erecting new
lra@e school building in said City.
Section NJ. TO provide means for
the payment of the principal OF said
bonds. and Of the semi-anuual interest
therein as 1t falls due. there is hereby
le led an annual tax upon all the tax
able property real and personal in the
City Of Wauwatosa, Wisconsin in ad-
dtion 20 all other taxes sufficient 10
pay, when due the interest semi an
nuany growing due on the said bonds
and also 10 pay and discharge the
principal thereof at the time the saute
shall become due
Section XII AS soon as the money