Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1922-06-17
NOTICE.


Following is a part of the proceed
| ings of the Common Council OF the
City Of Hurley, at meeting tsereo1
held on June 9th, 1922:
Resolved, that ordinance entitled
IAN Ordinance providing for the issue
of Twenty Thousand Dollars (S2O,OOO)
Street improvement Bonds of the City
Of Hurley, Wisconsin" this day intro
duced, be taken up for final passage
by this common council at the regular
meeting thereof to he convened at the
CITY Hal on Tuesday, the goth day of
June. 1922, at 7:45 o'clock P. NJ.
Resolved Further, that the City
Clerk do publish in the Montreal River
Miner and the Iron County News the
official newspapers Of said City, at
least twice prior to the date of the
regular meeting whereat said proposed
ordinance will be taken up for final
passage, a notice in substantially the
following form
NOTICE.
To 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 will, at a regular
meeting of said Common Council in
the City Hall of and in said City, on
the goth day of June, 1922 at 7:45
o'clock P. NJ. be called up for final
reading and consideration and for
passage, che following proposed or
dinance, to-wit:
AN ORDINANCE providing for
the issue of Twenty Thousand Dollars
(S20,000) Street Improvement Bonds
of the City of Hurley, Wisconsin.
WHEREAS, it is, by this the COM
mon 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 and of said city, and it has been
found and determined that such street
improvements are to be paid for by
said city in the sum of Twenty Thou
sand Dollars ($20,000);
NOW, THEREFORE, the common
council of the said city of Hurley, do
ordain as follows;
Section l. 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 by said city, there
be borrowed upon the credit of said
city, the sum Of Twenty Thousand
Dollars ($20,000), and that bonds be
issued therefor.
Section 2. That said bonds be des-
ignated Street Improvement Bonds,
be dated July LIST, 1922, be of denomi-
nation of $780, numbered from l to
40, and mature in numerical order,
$1,000 on July lst Of each of the years
1923 to 1912. That said bonds bear
interest at the raAe Of five per cent
per annum, payable January list, 1923,
and mi-annually thereafter on the |
day Of July and of January of each
wear; that said bonds be signed by
the Mayor and sealed with the cor
perate seal of said city, attested by
the City Clerk thereof and that the
interest upon said bonds be evidenced
by coupons thereto attached, matur-
ing on the several days when such
interest natures, and that such cOu-
pons be signed by the Mayor and City
Clerk by their respective fac smile
signatures, and said officers shall by
the execution OF Sald DohuS, ADOPT as
and for their own proper respective
signatures their respective fac simile
signatures appearing on said coupons;
thai said bonds and coupons be pay
able at Central Trust Company Of
Chicago, Chicago. Ill.
And it is hereby certified and re
cited that the value of all taxable
property in the said city Of Hurley,
according to each Of the last proceed
ing valuations thereof was as fol-
lows:
For the year 1901 1880
For the year Observation-Disclosures 90
For the year 1919, 1871 ,653 90
For the year 1920. 3.228 1875 90
j y - . IN