The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1921-05-06
Ordinance M. II

An Ordinance authorizing the issue of
bonds of the City of Edgerton, Rock County,
Wisconsin, in the. sun, of Fifteen Thousand
Dollars (S15,0O0), for the purpose of paying
the City's portion of the cost of improving
by paving certain streets in said city, and
providing a form for said bonds, and levying
a tax for the purpose of paying the principal
and interest thereof,
Whereas the Common Council has hereto
fore declared it to be the sense and purpose
of said Council to improve East Fulton Street
from Catlin Street to York Road, Rollin
Street from Head Street to Stoughton Road,
Stoughton Road from the west end OF Roll1n
Street 20 Washington Street, Swift Street
from Rollin Street to Saunders Creek bridge,
and Albion Road from the north end of Swift
Street to Victoria Road by grading the road
way thereof and constructing thereon a con,
crete pavement together with a combined
concrete curb and gutter, and
Whereas the City's portion OF the cost OF
said contemplated improvement and paying
will amount to approximately Fifteen lhou-
sand Dollars ($15,000) and,
Whereas, the Common Council deems 1t adj
visable and expedient to secure the funds
for the payment of the Citys portion of the
cost of said improvements by the issue of
its bonds in said amount
Wherefore the Common Council of the City
of Edgerton do ordain as follows:
Section be oGg Cd F6a f0 the Dorton Of the
cost of improving East Fulton Street from
Catlin Street to York Road, Rollin Street
from Head Street to Stoughton Road, Slough
to Washington Street, Swift Street from Rol.
lin. Street to Saunders Creek bridge, and
Albion Road from North end of Swift Street
to Victoria Road by grading the roadway
pavement together with a combined concrete
curb and gutter, there be and hereby is
authorized the issue of the City of Edgerton
municipal bonds to the AMOUNT of Fifteen
Thousand Dollars ($15,000). Said bonds shall
be consecutively numbered from l to 80, in
elusive and each shall be in the denomina-
Nil
The said bonds shall bear date to the
fifteenth day of April 1921, and shall be signed
by the mayor and city clerk and attested by
the corporate seal of the City of Edgerton,
plance with the requirements of Sections
925-133 and 943 of the Wisconsin Statutes:
The bonds shall bear interest at the rate OF
six per cent (696) per annum, payable at the
office of the city treasurer of the City OF
Edgerton on the 18th day of April and Octo-
Der in each year, as evidenced by J interest rest
bonds shall be payable at the office of the
city treasurer, Edgero. Wisconsin. as fol-
lows:
Bonds Nos. to S, inclusive, shall be pay
able April 15 1881.
Bonds Nos to 10, inclusive, shall be pay
able April 15 1882.
Bonds Nos II to 15 inclusive, shall be pay
able April IS, 1888.
Bonds Nos 16 to TO- inclusive, shall be pay
able April IS, 1884.
Bonds Nos q to Is, inclusive shall be pay
able April IS, 1885.
Bonds Nos. 26 to 3d. inclusive shall be pay
able April IS, 1886.
Sec g. For the purpose of providing for
the payment of principal and interest on said
bonds as and when the same shall become
due, there is hereby levied on all the taxa
bic property of the City of Edgerton, in ad-
dition to all other taxes a tax sufficient to
pay the various installments of principal and
interest as they severally become due.
Sec. 8. Said bonds shall be substantially
the following form, to-wit:
United States of America,
State of Wisconsin, County of Rock, City of
Edgerton.
Street Improvement Bonds, 1921.
KNOW ALL MEN BY THESE PRESENTS
that the City of Edgerton in the County of
Rock, in the State of Wisconsin, acknowledges
itself to owe and for value received prom
Uses to pay to the bearer the 18th day of
April 10, the sum of ------------------------