to levy amount County board SECTION 3. At the time and in the manner produe on princi- vided for levying taxes for state and county purposes, pal and interest the board of supervisors of said county of Vernon shall levy the amount of money required for the payment of the annual interest, and not less than one-tenth of the principal sum loaned by the commissioners of pub. lic lands to the county of Vernon, as proviled for in the preceding section of this act. SECTION 4. This act shall take effect and be in force from and after its passage and publication. Approved January 29, 1880. Town author. $1.650 of state trust funds. Rate of interest [No. 8, A.] [Published February 2, 1880.] CHAPTER 2. AN ACT to authorize the town of Jefferson, in Jefferson county, to borrow the sum of sixteen hundred and fifty dollars to build a bridge across Rock river in said town, and to authorize the commissioners of the public debt of said town to loan said sum to said town. The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SECTION 1. The town of Jefferson, in the county e of Jefferson, is hereby authorized and empowered to borrow of the commissioners of the public debt of said town for one year, and at a rate of interest not exceeding seven (7) per cent. per annum, the sum of sixteen hundred and fifty dollars ($1,650), for the purpose of building, and paying the expense of building, a bridge across Rock river in said town, at the point where said river intersects Milwaukee street in the city of Jefferson. Anthority of commissioners to make said loan. SECTION 2. The commissioners of the public debt of said town of Jefferson are hereby authorized and empowered to loan to the said town of Jefferson, for one year, and at a rate of interest not exceeding seven per cent. per annum, the sum of sixteen hundred and fifty dollars ($1,650), for the purpose aforesaid, out of any funds now in their hands or under their control which have been raised and collected under and by virtue of chapter one hundred and eighty-two (182) of the private and local laws of 1867, entitled "an act to amend an act entitled an act to enable the town of Jefferson to settle with its creditors, and an act amendatory thereto, being chapters two hundred and twentysix and four hundred and ninety-two of the local laws of 1866," and under and by virtue of all acts amendatory of said chapter one hundred and eighty-two including chapter two hundred and fifty-one of the laws of 1878. clerk to execute SECTION 3. Within twenty days after the passage, Chairman and approval and publication of this act, the chairman of note. said town shall execute, and the town clerk thereof countersign, a promissory note in substantially the following form, to-wit: $1.650. JEFFERSON, WIS., -, 1880. On or before February 1, 1881, for value received, the town of Jefferson, in the county of Jefferson, Wisconsin, promises to pay to the commissioners of the public debt of said town, at the Jefferson County Bank, in the city of Jefferson, said county, the sum of sixteen hundred and fifty dollars ($1,650), with interest thereon from date at the rate of seven per cent. per annum. -, Chairman Town of Jefferson. - Form of note. missioners, and Countersigned, — -, Town Clerk. Thereupon the chairman of said town shall deliver Note to be desaid note, so executed and countersigned, to the said livered to comcommissioners of the public debt, who shall immedi- money to be ately upon such delivery pay to the town treasurer of paid to town. said town the sum of sixteen hundred and fifty dollars ($1,650), and the said treasurer shall receive the same in like manner and under like liability as he receives other town funds, and shall pay it out only for the purpose aforesaid, upon orders properly drawn on him therefor. SECTION 4. When the said note shall have been Note to be lia ness. executed, countersigned and delivered as aforesaid, and y of indebs SECTION 5. This act shall be published in the Jef- Publication of ferson Banner, a weekly newspaper published at the act. city of Jefferson, Wisconsin, and shall take effect from and after its passage and publication. Approved January 30, 1880. Commissioners may loan trust 1unds. row. [No. 9, A.] [Published February 2, 1880.] CHAPTER 3. AN ACT to authorize the commissioners of the public lands to loan a portion of the trust funds of the state to the city of Wausau, in Marathon county. The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SECTION 1. The commissioners of the public lands are hereby authorized to loan a portion of the trust funds of this state, not exceeding twenty thousand dellars, to the city of Wausau, in Marathon county, and said city of Wausau is hereby authorized to bor City may bor- row a sum, not exceeding the above amount, of said commissioners, for the purpose of liquidating the present indebtedness of said city, and of school district No. 1 of said city, and to issue to said commissioners certificates of the indebtedness so contracted. Said indebtedness shall bear interest at the rate of seven per cent. per annum, and said interest shall be paid How principal annually. And after five years from the date of such certificates, in addition to the interest, there shall also be paid not less than one-tenth of the principal sum, until the whole is paid. and be paid. Secretary of state to add amount due to state tax. SECTION 2. Each and every year until the whole loan be repaid, the secretary of state shall, when he apportions the state tax among the several counties, add to the state tax which would be properly chargeable to said county of Marathon, the annual interest due the state on such loans, and in each year after five years from the date of said certificates, in addition to said interest, one-tenth of the principal sum so loaned; and at the time and in the manner provided by law for levying taxes for state and county purposes, the board Supervisors to of supervisors of said county of Marathon shall levy the amount of money required for the payment of the annual interest, and after five years from the date of said certificates, in addition to said interest, one-tenth of the sum loaned by the commissioners of public lands to the city of Wausau, and the same shall be levied and collected out of the taxable property of said city, and paid over to the county treasurer of said county of Marathon and by him to the state, in the same manner as other state taxes are collected and paid. levy tax to meet payments on loan. Indebtedness of cry limited. SECTION 3. And it is further provided, that the said city of Wausau shall never, during the time said certificates of indebtedness or any of them remain unpaid, become indebted, or contract debts, for a greater amount than five per cent. of the taxable property of said city, as the same shall appear from the last assessment roll of said city previous to incurring such indebtedness. in a SECTION 4. Nothing in this act shall prevent the City may make said commissioners of public lands from receiving of momentan one the said city of Wausau, in any one year, two or more year. installments of said principal sum, which may be loaned as above provided. SECTION 5. This act shall take effect and be in force from and after its passage. Approved January 30, 1880. [No. 51, S.] [Published February 4, 1880.] CHAPTER 4. AN ACT to authorize the commissioners of public lands to loan a portion of the trust funds to the city of Berlin. The people of the state of Wisconsin, represented in senate and assembly, do enact as follows : of the state SECTION 1. The city of Berlin, in the state of Wis- City authorized consin, for the purpose of paying that portion of the tobor adjustment bonds issued by said city of Berlin, under trust funds. chapter ten of the laws of 1870, which become due and payable on the first day of February, A. D. 1880, is hereby authorized and empowered, upon the faith and credit of the said city, to borrow a sum of money not exceeding ten thousand dollars, upon a period of time not exceeding five years, and at such a rate of interest, Rate of interest not exceeding seven per cent., as may be agreed upon; and said city of Berlin is hereby authorized to issue to the commissioners of the public lands of this state, certificates of indebtedness for the sum so borrowed. The interest on said indebtedness shall be paid annually, and the principal sum so loaned shall be paid as fol- How principal lows: Two thousand dollars in one year; two thou. to be paid. sand dollars in two years; two thousand dollars in three years; two thousand dollars in four years; and two thousand dollars in five years from the date of said loan. SECTION 2. Said city of Berlin shall annually, du- City to annualring the continuance of said loan, raise by tax, on the pay principal taxable property in said city, a sum of money sufficient at due on loan. ly levy tax to and interest to pay the interest thereon, and one-fifth of the principal of said sum; and the city clerk of said city shall insert said amount in the tax roll of said city, and the same shall be collected as other taxes are collected, and when so collected, shall be applied to the object herein Commissionera specified, and no other. of public lands SECTION 3. For the purpose of carrying into effect fondacity of the foregoing provisions, and assisting said city to raise Berlin. trust said sum of money for the object aforesaid, the commissioners of the public lands of the state of Wisconsin are hereby authorized to loan to said city of Berlin, out of any of the trust funds in their charge and under their control, a sum of money not exceeding the amount stated in the first section of this act, and for the term of five years, and at such a rate of interest, not exceeding seven per cent., as may be agreed upon, and upon such certificates of indebtedness of said city of Berlin Secretary of as said commissioners shall prescribe and require. And ddha all the taxable property in said city shall stand charged taxes due from for the payment of said loan and the interest thereon, amount due for at the times and in the manner hereinbefore specified; interest on said and it shall be the duty of the secretary of state, at the to to state said city principal and loan. time he shall certify to the county clerk the amount of state taxes, also to certify to the city clerk of the city of Berlin the amount that shall be due or become due for that year for principal and interest on said loan. And the city clerk of said city of Berlin shall thereupon insert the amount so certified in the assessment roll of said city as a tax upon said city, without any further or other authority, to be collected as other taxes are collected, and by the treasurer of said city paid over to the state treasurer upon such loan. SECTION 4. This act shall take effect and be in force from and after its passage and publication. Approved February 2, 1880. Commissioners of pubic lands [No. 28, S.] [Published February 5, 1880.] CHAPTER 5. AN ACT to authorize the commissioners of public lands of the state of Wisconsin to extend the time of payment of the loan made from the trust funds of the state to school district number twelve, in the town of Darlington, formerly town of Center. The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SECTION 1. The commissioners of public lands of to extend time the state of Wisconsin are hereby empowered and di |