The Wyandotte herald. (Wyandotte, Mich.) 1879-1943, 1941-08-08

Resolved. Further, that this Council
doeS hereby estimate that the period
ol usefulness of said sidewalks. for
the payment of which this Council is
10 Issue Special Assessment Bonds. is
hol less than twenty 600 years
Resolved. Further that said serial
bonds and the interest coupons thereto
attached, shall be payable at the
Nydndotte Savings Bank. in said City
OF NyandOtle. and that said serial
bonds be sold al the direction OF the
CITY Council al not less than par value
ana that the proceeds OF said sale be
paid to the Treasurer of the said City
ana by him placed 10 the credit of the
1871 Special Assignment Sidewalk Ac-
count of said City.
Resolved, Further that the Mayor
and City Clerk of said city be-. and
they hereby are authorized and di-
rected To execute sign and counter
sign said bonds and affiX thereto the
corporate seal of said city; provided.
however, that each of the interest
coupons affixed To each of said bonds
shall be executed with the original
or autographed fac imile signature of
the City Clerk. and that the City
Treasurer be and he hereby is author
lied TO deliver said bonds to the pur-
chaser or purchasers thereof upon re-
celpt of the purchase money therefor,
and that said bonds and the coupons
attached thereto. except only as TO
the necessary variations in denomina-
lions. numbers and date of maturity. be
lS1lh ..f q toll Fill
UNITED STATES OF AMERICA
State of Michigan
County of Wayne
City of Wyandotte
Sidewalk Bonds
Know All Men BY These Presents.
that the City of Wyandotte. County of
Wayne and State of Michigan. &C
knOwledges itself to owe. and for
value received. hereby promises TO pay
the bearer the sum of OBSERVATION-DISCLOSURES.
Dollars tS..........l on the
\. ID. ...........
together with interest on said sum
from the date hereof until paid at the
rate or ................ per centum
C.......'D per annum. payable
Semiannually on the . day of
......... and ..........
in each year and upon the presenta-
ton and surrender of the interest cOu-
pons hereto attached as they sew
orally become due. both principal and
interest payable in Lawful Money of
the United States of America of. or
equivalent to- the present standard of
weight and fineness at the banking
house of the WyandOtte Savings Bank,
WyandOtte. Michigan. and for the
prompt payment of this bond. both
principal and interest. at maturity.
the full faith. credit and resources of
said City of Wyandotte are hereby
irrevocably pledged.
This bond is one of an issue of
sixty-six (66) bonds of like date and
tenor. of the denomination Of One
thousand dollars ($1.OO000l each.
numbered from one a. to Sixty-six
1857. both inclusive. amounting in the
aggregate to Sixty-six thousand dol
lars 1866 O0O.00) issued by the said
City of Wyandotte. for the purpose of
providing funds to defray the cost and
expense of constructing sidewalks in
vi lHC NOliCOllOh VI SPONioA
assessments levied for such improve
ments in Sidewalk Districts numbered
sol to 412. both inclusive.
These bonds are issued under and
bv virtue of a resolution duly and
regularly adopted by the Council OF
said City on the 5th day of August.
A. D.. 1941. and under and by authority
of and i'm accordance and in full com
pliance with the provisions of the
Charter of said city. which Charter was
adopted on the End day OF March. A.
D.. 1926. by a vote of the duly qualified
electors of said city at an election
called for that purpose under the pro-
visions of Act No 279. as amended. of
the Public Acts of the State Of Mich
igan for the year 1909. entitled IAN
Act 10 Provide for the Incorporation
of Cities and for Revising and Amend
ing their Charters"
II Il hereby certified. recited and de-
cIared that all acts. conditions and
things required by the laws and sta
tutes of the State of Michigan to be
done precedent 10 and in the levying
of said Special Assessments and in
the issuing of said bonds. have been
properly done. happened and per
formed in regular and due form as
required by law and that the indebted
ness evidenced by this series OF bonds
does not exceed any statutory or con-
stitutional limitation.
And it is hereby further certified
that the hereinbefore described issue
Of bonds. of which this bond is one,
are serial bonds. some OF which fall
due annually till all are paid.
In Testimony Whereof the City
NJ Wyandotte by its Council has
caused this bond to be signed by its
Mayor and countersigned by its City
Clerk. and the corporate seal at
tached. and the interest coupons
hereto attached to be signed by the
original or autographed facsimile sig
nature of the City Clerk. as OF the LIST
day of September 1941.
CITY OF WYANDOTTE.
~ . o . .