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M'HENRY t i * ,, f v , <#""\ iiHi h..:0pfK?-^ ^ «* "*4n , • Y, AUGUST 7, lttO u" , }"*VJ pppf^ Ordinance No. 105 PROVIDING FOR 1HE ISSUANCE OF FUNDING BONDS IN THE AMOUNT OF $20,000, OF THE CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, AND PROVIDING FOR THE COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF PRIN. . CIPAL THEREOF AND INTEREST THEREON. Whereas, this, THE CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, has outstanding and unpaid certain indebtedness which aggregates more than $20,000; that said indebtedness is valid and legally binding indebtedness of the City and should be paid; and WHEREAS, the City does not have mfficient funds with which to >4Pay the same and it is for the best interests of the City that it borrow at this time Twenty Thousand ~ Dollars <$20,000) for the purpose of paying said outstanding valid and legally binding indebtedness, and isstie its bonds for that amount for such purpose, NOW, THEREFORE, BE IT AND IT IS HEREBY ORDAINED BY THE . MAYOR AND CITY COUNCIL OF THE CITY OF McHENRY, Mc- I HENRY COUNTY, ILLINOIS, as » follows: Section 1. That there be borrowed by and for and on behalf of the City of McHenry, McHenry County, Illinois, the sum of $20,000 for the purpose of paying certain outstanding valid and' legally binding indebtedness of said City. That to evidence said loan, negotiable coupon bonds of said City be issued; that said bonds shall be designated "Funding Bonds--1930' shall be twenty (20) in number, num ed from 1 to 20 inclusive; all of said bonds dated Sept. 15, 1930, to be of the denomination of $1000, and to mature in numerical order as follows: JHDOO September IS, 1932. $1000 September 15, 1933. $1000 September 15, 1934. $1000 September 15, 1935. 41000 September 15, 1936. $1000 September 15, 1937. 21000 September 15, 1938. $1000 September 15, 1939. flOOO September 15, 1940. $1000 September 15, 1941. $1000 September 15, 1942. $1000 September 15, 1943. $1000 September 15, 1944. $1000 September 15, 1945. $1000 September 15, 1946. $1000 September 15, 1947. . $1000 September 15, 1948. $1000 September 15, 1949. $2000 September 15, 1950. &;* bear interest at the rate of five and •jt one-half per cent (5V4%) per annum, * payable March 15, 1931, and serai- , annually thereafter on the 15th days y*" of March and September in each year, • 1 which interest payments to the date jpa' of the maturity of the principal shall be evidenced by proper interest con- . pons attached to each bond and raa- '•>. taring on the dates herein provided, *-4 and both principal and interest shall IT ' . payable in lawful money of the y •• >• United States of America at the First - National Bank, Chicago, Illinois. The P'h, seal of said City shall be affixed to '} : each of said bonds, and said bonds ,,; . shall be signed by the Mayor and atjf tested by the City Clerk, and said •L*" coupons shall be signed and attested p*(by said officials, respectively, by thetr * facsimile signatures, and said officials shall, by the execution of said • bonds, adopt as ahd for their i respective proper signatures their V..\ respective fdbsimile signatures ap- . peering on said coupons; that said tbonds be payable to bearer, provided, *• however, same shall be subject to registration as to principal in the name '&sa ®f the holder on the books of the City Treasurer, such registration to be evi • denced by notations of such Treas- SIpS • urer upon the back of any bonds £!<•; so registered, and after registration ^» such bond shall not be subject to M transfer except upon such books and !#>'«. similarly noted on the back thereof unless >he last registration shall have been to bearer. Registration of any Wnds shall not affect the negotiability of the coupons thereto attached which shall continue transferable by delivery. Section 2. That eacl^of said bonds add each of the interest coupons to be thereto attached shall be in substantially the following forms: (Form of Bond) United States of America t y~8tate of Illinois, County of McHenry gjjsf, • City of McHenry ^ »•'« Funding Bond--1930 •i" Ho. $1000.00 I KNOW ALL MEN BY THESE * PRESENTS, that the City of McHenry, McHenry County, Illinois, acknowledges itself to owe and for Value received hereby promises to pay '• to bearer, or if this bond be register- 'Lv.,,:',.#d then ta the registered holder here- % ; of the sum of X One Thousand Dollars--($1000.00) pi V 0(n the 15th day of September, 19--, together with interest on said sum |/ from the date hereof until paid at #'»-• the rate of five and one-half per cent <5%%) per annum, payable March Jl* and semi-annually there- After on the 15th days of March and - fBeptember in each year upon presentation and surrender of the interest . ^ coupons hereto attached as they sev- ;S)A- «rally become due and payable. Both ^' '. Mfr , ffincipal hereof and interest hereon arc ' •• 'X hereof and interest hereon are hereby made payable in lawful money ' ' ^ Jf>f the United States of America at ibe First National Bank, Chicago, , .Illinois, and for the prompt payment this bond, both principal and in- "Merest, as aforesaid, at maturity, the "" full faith, credit and resources of feaid City are hereby Irrevocably pledged. THIS BOND is issued for the purpose of paying certain outstanding "valid and legally binding indebtedness 'of said City, pursuant to and in all respects in compliance with an Act £%' .• ^entitled: "An Act to provide for the ~-f ' ^"corporation of Cities and Villages," * "We*- approved April 10, 1872, and all acts ^amendatory thereof and supplemen- ; j tary thereto, and an ordinance duly passed by the Mayor and City Councii of said City, approved and published as required by law, and submitted to and approved by the voters of said City at an election duly called and held for that purpose. AND IT IS HEREBY CERTIFIED AND RECITED that it appears from the records of said City that all acts, conditions and things required by the Constitution and Laws of the State of Illinois to exist or to be done precedent to and in the issuance of this bond have existed, and have been properly done, happened and been performed in regular and due form and time as required by law, and that the indebtedness of thi^ City, including this bond and the issue of which it forms a part does not now and did not at the time of the incurring of the indebtedness hereby funded, exceed any constitutional or statutory limitation; and that provision has been made for the collecion of a direct annual tax, in addition to all other taxes on all the taxable property in said City sufficient to pay the interest hereon as the same falls due and also to pay and discharge the principal hereof at maturity. THIS BOND is subject to registration as to principal in the name of the holder on the books of the City Treasurer, such registration to evidenced by notation of such Treasurer upon the back hereof, and after registration no transfer hereof shall be made except upon such books and similarly noted hereon unless the last registration shall have been tobearer. Registration hereof shall not affect the negotiability of the coupons hereto attached which shall continue transferable by delivery. IN WITNESS WHEREOF, the said City of McHenry, by its Mayor and from current funds on hand in advancement of the collection of taxes, and when said taxes shall have been collected, reimbursement shall be made to said funds in the amounts thus advanced. That forthwith upon approval of this ordinance by the voters of said City a copy hereof, certified by the City Clerk, which certificates shall recite that this ordinance lias been passed by the Mayor a>i City Council of said City, approved by the Mayor and published as required by law, and has been approved by n majority of the voters of said City voting at an election called for that purpose, shall be filed with the County Clerk of McHenry County, who shall in and for each of the years 1930 to 1949, both years Included, ascertain the rate per cent required to produce the aggregate tax hereinbefore provided to be levied for each of said years respectively, and to extend the same for collection on the tax books in connection with other taxes levied in each of said years respectively, in and by said City for general corporate purposes and in each of said years such annual tax shall be extended and collected in like* manner as taxes for general purposes for each of said years are levied and collected, and when collected, such taxes shall be delivered to the Treasurer and be held in a special fund which is hereby designated "Funding Bond 1930 Fund" and shall be used only for the purpose of paying the principal of and interest on said bonds here in authorized when same mature. Section 4. That the funds realized from the sale of said bonds shall be used only for the purposes hereinbe City Council has caused its corporate (fore set out and none other seal to be hereto affixed, and this. Section 5. That simultaneously bond to be signed by its Mayor .and with the issuance of the bonds hereattested by its City Clerk, and the Coupons hereto attached to be signed and attested by said officers respectively, by their respective facsimile signatures, and said officers do, by the execution hereof, adopt as and for their proper signatures their respective facsimile signatures appearing on-said coupons, all as of the 15th day of September, 1930. JOHN R. KNOX,- Mayor. Attest: R. F. CONWAY, City Clelk. (Form of Coupon) , . ' No. $ On the fifteenth day of 19 , the CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, will pay to bearer DOLLARS ($ ) at the First National Bank, Chicago, Illinois, for interest due that day on its Funding Bond, dated September 16, 1930, No ATTEST: Mayor. City Clerk. ? . (Form for Registration of Ownership) Date Name of Signature of Registered City Owner Treasurer Section 3. That foic the purpose of providing the funds required to pay the interest on said bond* promptly when and as the same falls due and to pay and discharge the principal thereof at maturity, there be and there is hereby levied upon all the taxable property within said City in each year while any of said bonds are outstanding, a direct annual tax sufficient for that purpose, and that there be and there is hereby levied on all of the taxable property in said City, in addition to all other taxes, the following direct annual tax sufficient to produce the several amounts in the following years, collectible in the next respective succeeding year as set out below: For the year 1930, a tax sufficient to produce the sum of $1650.00 for interest; For the year 1931, a tax sufficient to produce the sum of $2072.50 for interest and principal; For the year 1932, a tax sufficient to produce the sum of $2017.50 for interest and principal; For the year 1933, a tax sufficient to produce the sum of $1962.50 for interest and principal; For the year 1934, a tax sufficient to produce the sum of $1907.50 for interest and principal; ( Sot the year 1935, a tax sufficient to .i * fttA eii«M /\/ #1QCO CA by authorized, a like amount of valid "and legally binding outstanding indebtedness, be paid and canceled. Section 6. That said bonds, when this ordinance shall have been approved by the voters of said City, shall be executed by the officials and delivered to the Treasurer of the City and be by him delivered to the purchaser of said bonds as shall hereafter be directed by this Mayor and City Council. * Section 7. That the Treasurer , of this City be and he is hereby instructed to deposit with the First National Bank, Chicago, niinois, at least five days before the due date sufficient funds to pay maturing bonds and coupons plus the regular fee charged by said bank for paying bonds and coupons. Section 8. That aU ordinances and parts of ordinances in conflict herewith be and the same are hereby repealed. JOHN S. KNOX, 7 • Mayor. ^•ATTEST: R. F. CONWAY, City Clerk. . ( Presented: August 4th, 1930. Approved: August 4th, 1930. Passed: August 4th, 1930. Published: August 7th, 1930. Vote: Ayes--P. J. Doherty, Kreutzer, R. I. Overton, Jacob Schae fer, Frjink Wattles. Nayes: None. H Ordinance No. 106 AN ORDINANCE CALLING A SPECIAL ELECTION TO VOTE UPON THE APPROVAL OF ORDINANCE NO. 105 as follows: "AN ORDINANCE PROVIDING^ their the follow! FROVIDING FOR THE ISSUANCE OF FUNDIN& BONDS IN THIS AMOUNT Of J5»,000. OF THlE CITY OF McHKNltY, MCHENKT COUNTY, ILLlfcOB3, AND PROVIDING FOR THE COLLECTION «OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF PRINCIPAL THEREOF AND INTEREST THEREON. Whereas, this, THE CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, has outstanding and unpaid certain indebtedness which aggregates more than $20,000; that said indebtedness is valid and legally binding indebtedness of the City and should be paid; and WHEREAS, the City does not ha/e sufficient funds with which to pay the same and it is for the -best interests of the City that it borrow at this time Twenty Thousand Dollars ($20,000) for the purpose of paying said outstanding valid and legally binding indebtedness, and issue its bonds for that amount for such purpose, NOW, THEREFORE, BE IT AND IT IS HEREBY ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF McHENRY, Mc- HENFY COUNTY, ILLINOIS, as follows: Section 1. That there be borrowed by and for and on behalf of the City of McHenry, McHenry County, Illinois, the sum of $20,000 for the purpose of paying certain outstanding valid and legally binding indebtedness of said City. That to evidence said loan, negotiable coupon bonds of said City be issued; that said bonds shall be designated "Funding Bonds--1930" shall be twenty (20) in number, numbered from 1 to 20 inclusive; all of said bonds dated Sept. 15, 1930, to be of the denomination of $1000, and to mature in numerical order as follows: $1000 September 15, 1932. $1000 September 15, 1933. $1000 September 15, 1934. $1000 September 15, 1935. $1000 September 15, 1936. $1000 September 15, 1937. $1000 September 16, 1938. >$1000 September 15, 1939. $1000 September 15, 1940. $1000 September 15, 1941. $1000 September 15, 1942. $1000 September 15, 1943. $1000 September 15, 1944. $1000 September 15, 1945. $1000 September 15, 1946. $1000 September 15, 1947. $1000 September 15, 1948. -$1000 September 15, 1949. $2000 September 15, 1950. bear interest at the rate of five and one-half per cent (5%%) per annum, payable March 15, 1931, and semiannually thereafter on the 15th days of March and September in each year, which interest payments to the date of the maturity of the principal shall be evidenced by proper interest coupons attached to each bond and. maturing on the dates herein provided, and both principal and interest shall be payable in lawful money of the United States of America at the First National Bank, Chicago, Illinois. The seal of said City shall be affixed to each of said bonds, and said bonds shall be signed by the Mayor and attested by the City Clerk, and said coupons shall be signed and attested by said officials, respectively, by their facsimile signatures, and said officials shall, by the execution of said bonds, adopt as and for respective proper signatures 'V .f..iSL. U.~ + » , ., i of said City at an election duly called and held for that purpose. AND IT IS HEREBY CERTIFIED AND RECITED that it appears from the records of said City that all acts, conditions and things required by the Constitution and Laws of the State of Illinois to exist or to be done precedent to and in the issuance of this bond have existed, and have been properly done, happened and been performed in regular and due form and time as required by law, and that the indebtedness of this City, including this bond and the issue of which it forms a part does not now and did not at the time of the incurring of the indebtedness hereby funded, exceed any constitutional or statutory limitation; and that provision has been made for the collecion of a direct annual tax, in addition to all other taxes on all the taxable property in said City sufficient to pay the interest hereon as the same falls due and also to pay and discharge the principal hereof at maturity. - ^ THIS BOND is subject to registration as to principal in the name of the holder on the bQoks of the City Treasurer, such registration to be evidenced'by notation of such Treasurer upon the back hereof, and after registration no transfer hereof shall t>e made except upon such books and similarly noted hereon unless the last registration shall have been to bearer. Registration hereof shall not affect the negotiability of the coupons hereto attached which shall continue transferable by delivery. IN WITNESS WHEREOF, the said City of McHenry, by its Mayor and City Council has caused its corporate seal to be hereto affixed, and this bond to be signed by its Mayor and attested by its City Clerk, and the Coupons hereto attached to be signed and attested by said officers respectively, by their respective facsimile signatures, and said officers do, by the execution hereof, adopt as and for* their proper signatures their respect tive facsimile signatures appearing 6n said coupons, all as of the 15th day of September, 1930, JOHN R. KNOX, Mayor. Attest: R. F. CONWAY, City Clerk. (Form of Coupon) No. $- On the fifteenth day of 19 the CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, will pay to bearer DOLLARS ($ ) at the First National Bank, Chicago, Illinois, for interest due that day on its, Funding Bond, dated September 15, 1930* No ATTEST:, Mmyor, ,.w • -- • FOR THE ISSUANCE OF FUNDING BONDS IN THE AMOUNT OF $20,000 OF THE CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, AND PROVIDING FOR THE COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF PRINCIPAL THEREOF AND INTEREST THEREON" WHEREAS, the Mayor and the City Council of the CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, did on the 4th day of August, 1930, adopt an Ordinance providing for the issuance of Funding Bonds in the amount of $20,000; and WHEREAS, said . Ordinance shall not be effective until same shall have been approved by the voters of said City of McHenry, McHenry County, Illinois, NOW THEREFORE, BE IT AND IT IS HEREBY ORDAINED their respective facsimile signatures appearing on said coupons; that said bonds be payable to bearer, provided, however, same shall be subject to registration as to .principal in the name of the holder on the books of the City Treasurer, such registration to be evidenced by notation of such Treasurer upon "the back ' of any bonds so registered, and after registration such bond shall not be subject to transfer except upon such books and similarly noted on the back thereof unless the last registration shall have been to bearer. (Registration of any bonds shall not affect the negotiability of the coupons thereto attached which shall continue transferable by delivery. Section 2. That each of said bonds and each of the interest coupons to be thereto attached shall be in sub- City Clerk. (Form for Registration of Ownership)k Date Name of Signature oil Registered City Owner Treasure*; and when Mid taxes shall have been collected, reimbursement shall be made to said funds in the amounts thus advanced. That forthwith upon approval of this_ordinance by the voters of said City a copy hereof, certified by the City Clerk, which certificates shall recite that this .ordinance has been passed by the Mayor and City Council of said City, approved by the Mayor and published as required by law, and has been approved by a majority of the voters of said City voting at an election called for that purpose, shall be filed with the County Clerk of McHenry County, who shall in and for each of thg years 1939 to 1949, both years included, ascertain the rate per ceig required to produce the aggregate tax hereinbefore provided to be levied for each of said years respectively, and to extend the s£pe for collection on the tax books in connection with other taxes levied in each of said years respectively, in and by said City for general corporate purposes and in each of seid years such annual tax shall be extended and collected in like manner as taxes for general purposes for each of said years are levied and collected, and when collected, such taxes shall be delivered to the Treasurer and be held in a special fund which is hereby designated "Funding Bord 1930 Fund" and shall be used only for the purpose of paying the princi pal of and interest on said bonds herein authorized when same mature. Section 4. That the funds realized from the sale of said bonds shall be used only for the purposes hereinbe fore set out and none other. Section 5. That simultaneously with the issuance of the bonds here by authorized, a like amount of valid and legally binding outstanding indebtedness, be paid and canceled. Section 6. That said bonds, when this ordinance Ahall have been approved by the voters of said City, ^ shall be executed by the officials and delivered to the Treasurer of the City and be by him delivered to the pur- F chaser of said bonds as shall hersaf- W ter be directed by this Mayor ani City Council. .g| Section 7. That the Treasurer of this _City be and he is hereby in- T" structed to deposit with the First National Bank, Chicago, Illinois, at least ^ ^ five days before the due date sufficient funds to pr^r maturing bonds : and coupons plus the regular fee ^ charged by said bank for paying, I bonds and coupons. Section 8. That all ordinances and ' . parts of ordinances in conflict herewith be ani the same are hereby re- ' pealed. JOHN R. KfoOX, ATTEST: .<• ~rS ' ' ' K -9*^" . R. F. CONWJ0fev/;,;-.*^,'§;.- • City Clerk. ^ Presented: August 4th, 19S0. Approved: August 4th, 1986. ' ^ i P a s s e d : A u g u s t 4 t h , 1 9 8 0 . K i . \ Published: August 7th, 1930. ; Vote: Ayes--P. J. Dohertj^f^.\ , Kreutzer, R. I. Overton, Jacob Scfcae- J fer, Frank Wattles. y Nayes; None. That said election will be held in the following polling places in the said CITY OF McHENRY* McHENRY COUNTY, ILLINOIS; Ward No. One--City HalL Ward No. Two--Stoffel Bldg. Ward No. Three--Engeln Bldg. « *- The polling places for the MfS election shall be open between the hours of 7 o'clock, a. m., and 5 o'clock, p. m. DATED THIS 4th DAY OF AUGUST, 1930, BY ORDER OF THE MAYOR AND CITY COUNCIL. R. F. CONWAY, City Clerk. Section 4. That ballots shall be In the following form: (Form of Ballot) , OFFICIAL BALLOT Shall bonds for the purpose of paying certain outstanding valid and legally binding indebtedness of the City of McHenry, McHenry County, Illinois, be issued in the sum of $20,000, by the City Council of the City of McHenry, McHenry County, Illinois, pursuant to terms of an ordinance entitled "An Ordinance Providing for the Issuance of Funding Bonds in the amount of $20,000 of the City of McHenry, McHenry County, Illinois, and providing for the collection of a Direct Annual Tax for the Payment of Principal thereof and Interest thereon" said bonds to be dated September 15, 1930; bear interest at the rate of five and one-half per cent (5%%) per annum, payable semi-annually, and be due and payable in numerical order--$1000 September 15, 1982 to 1949; $2000 September 15, 1950. YES :w&: • i f : •Y-i (The following should appear on the back of each ballot) OFFICIAL BALLOT To vote upon an Ordinance providing for the issuance of $20,000 Fhnding Bonds, of the CITY OF McHENRY,*McHENRY COUNTY, ILLINOIS, # * special election held September 16, 1930. r" ^ Ward No. Polling Place (Facsimile signature^ BY THE CITY COUNCIL OF THE stantially the following forms: produce the sum of $1852.50 interest and principal; For the year 1936, a tax sufficient to produce the sum of $1797.50 for interest and principal; For the year 1937, a tax sufficient to produce the sum of $1742.50 for interest and principal; For the year 1938, a tax sufficient to produce the sum of $1687.50 . for interest and principal; For the year 1939, a tax sufficient to produce the sum of $1632.50 for interest and principal; For the year 1940/ a tax sufficient to produce the sum of $1577.50 for interest and principal; For the year 1941, a tax sufficient to produce the sum of $1522.50 for iqterest and principal; For the year 1942, a tax sufficient to produce the sum of $1467.50 for interest and principal; For the ye*/ 1943, a tax sufficient to produce the sum of $1412.50 for interest and principal; For the year 1944, a tax sufficient to produce the sum of $1357.50 for interest and principal; For the ryear 1945, a tax sufficient to produce the sum of $1302.50 .for interest and principal; For the year 1946, a tax sufficient to produce the sum of $1247.50 for interest and principal; For the year 1947, a tax sufficient to produce the sum of $1192.50 for interest and principal; For the year 1948, a tax sufficient to produce the sum of $1137.50 for interest and principal; For the year 1949, a tax sufficient to produce the sum of $2055.00 for interest and principal; That the interest and "principal coming due at any time when there Ire insufficient funds on hand to pay the same be paid promptly when due CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, as follows: Section 1. That for the purpose of submitting to the voters of the City of McHenry,, McHenry County, Illinois, an Ordinance adopted by the Council on the 4th day of August, 1930, entitled "An Ordinance providing for the issuance of Funding Bonds in the amount of $20,000, of the City of McHenry, Mcftenry County, Illinois, and providing for the collection of a direct annual tax for the' payment of principal thereof and interest thereon" there be and there is hereby called a special election in and for said City to be held on the 16th day of September, 1930, for the submission to the voters of said City for their approval, an ordinance providing for the issuance of bonds as above stated. Section 2. That said election shall be held in each of the several wards of said City as voting precincts and the polling place for each of said wards shall be as follows: Ward Number One--Polling Place: City Hall, Green St. Ward Number Two--Polling Place: Stoffel Building, Main St. Ward Number Three--Polling Place: Engeln Building, Riverside Drive. Section 3. That the City Clerk be and he is hereby instructed to give notice of said election, as required by law, and that the form of notice for said election shall be in substantially the following form: NOTICE OF ELECTION NOTICE IS HEREBY GIVEN a the voters of .the CITY OF McHENRY, McHENRY COUNTY, ILLI NOIS, that a special election has been called to be held in and for said CITY OF McHENRY, McHENRY COUNTY, ILLINOIS, on Tuesday, the 16th day of September, 1930, for the purpose of submitting to the voters for their approval or rejection (Form of Bond) Utaited States of America Stat# of Illinois, County of McHenry" City of McHenry . : ^Funding Bond--1980 No!^-- $1000.00 KNOW ALL MEN BY THESE PRESENTS, that the City of McHenry, McHenry County, Illinois, acknowledges itself to owe and for value received hereby promises to pay to bearer, or if this bond be registered then to the registered holder hereof the sum\of One ThousandxPollars--($1000.00) on the 15th day of September, 19--, together with interest on said sum from the date hereof until paid at the rate of five and one-half per cent (5%%) per annum, payable March 15th, 1931, and semi-annually thereafter on the 15th days of March and September in each year upon presentation and surrender of the interest coupons hereto attached as they severally become due and payable. Both principal hereof and interest hereon are hereby made payable in lawful money of the United States of America nt the First National Bank, Chicago, Illinois, and for the prompt payment of this bond, both principal and interest, as aforesaid, at maturity, the full faith, credit and resources of said City are hereby irrevocably pledged THIS BOND is issued for the purpose of paying certain outstanding valid and legally binding indebtedness of said City, pursuant to and in all respects in compliance with an Act entitled: "An Act to provide' for the incorporation of Cities and Villages," approved April 10, 1872, and all acts amendatory thereof and supplementary thereto, and an ordinance duly passed by the Mayor and City Council of said City, approved and published as required by law, and sub Section 3. That for the purpose of providing the funds required to pay the interest on said bonds promptly when and as the same falls due and to pay and discharge the principal thereof at maturity, there be and there is hereby levied upon all the taxable property within said City in each year while any of said bonds are outstanding, a direct annual. tax sufficient for that purpose, and that there be and there is hereby levied on all of the taxable property in said City, in addition to all other taxes, the following direct annual tax sufficient to produce the several amounts in the following years, collectible in the next respective succeeding year as set out below: For the year 1930, a tax sufficient to produce the sum of $1650.00 for interest; For the year 1931, a tax suffiewnt to produce the sdm of $2072.o0 for interest and principal; For the year 1932, a tax sufficient to produce the sum of $2017.50 for interest and principal; For the year 1933, a tax sufficient to produce the sum of $1962.50 for interest and principal; For the year 1934, a tax sufficient to produce the sum of $1907.50 for interest and principal; For the year 1935, a tax sufficient to produce the sum of $1852.50 for interest and principal; For the year 1936, a tax sufficient to produce the sum of $1797.50 fc* interest and principal; For the year 1937, a ta> sufficient tOi produce the sum of $1742.50 for interest and principal^ For the year 1938, a tax sufficient to produce the sum of $1687.50 for interest and'principal; For the year 1939, a tax sufficient to produce the sum of $163240 for interest and principal; For the year 1940, a tax sufficient *.o produce the sum of $1577.50 for interest and principal; For the year 1941, a tax sufficient to produce the sum of $1522.50 for interest and principal; For the year 1942, a tax sufficient to produce the sum of $1467.50 for interest and principal; For the year 1943, a tax sufficient to produce the sum of $1412.50 fojr interest and principal; For the year 1944, a tax sufficient to produce the sum of $1357.60 for interest and principal; For the year 1945, a tax sufficient to produce the sum of $1302.50 for interest and principal; For the year 1946, a tax sufficient to produce the sum of $1247.60 fOr interest and principal; For the year 1947, a tax sufficient to produce the sum of $1192.50 for interest and principal; For the year 1948, a tax sufficient to produce the sum of $1137.60 for interest and principal; For "the year .1949, a tax sufficient no produce the sum of # $2055.00 for interest and principal; That the interest and principal coming due at any time when there are insufficient funds on hand to pay the same be paid promptly when due from current funds on hand in ad City Clerk. Section 6. That the following persons be and are hereby appointed Judges and Clerks for said election: WARD ONE--Judges: Math Heimer, Wm. Simes, Mrs. Frank Cobb. Clerks: Mable Wheeler, Mary L. Doherty, Delia Matthews. WARD TWO--Judges: Ella Newman, John Fay, Walter Kraus6. Clerks: Earl M. Andrews, Mrs. Wm.j Thurlwell, Pearl Patzke* WARD THREE--Judges: Linus Newman, Wm. Bishop, M. J. Walsh. Clerks: Mrs. Theresa Neiss, Gertrude Weber, Kathryn Schroeder. Section 6. This Ordinance shall be in force and effect from and after its passage and approval. Ordinance adopted the 4th day of August, ^1930, with the following roll call: Ayes: P. J. Doherty, Herman Kreutzer, R. I. Overton* J^co^. Sfhaef^r, F. H. Wattles. V C , Nayes: None. ' Recorded: August TOI, I9W. Approved: August 4th, 1930. * JOHN R. KNCX, ' Mayor. ATTEST: "" R: F. CONWAY, City Clerk. S. H. Freund © Son General Building Contractors Phono 127-R Oor. Pearl and Park Sts. llcHenry, 111. USE THE CLASSIFIED COLUMNS FOE QUICK RESULTS mitted to and approved by the voters ^ vancement of the collection of taxes Who likes to write while vacationing! When you're on vacation, every minute is precious. It / seems an awful waste of time to write letters, but you can't worry the folks back home by not letting them hear from you. Why not snatch a few minutes from a busy I vacation day and telephone them! Talking to them is yroore satisfactory than writing letters and so much easier. When vou telephone back home, Mother knows by the sound of your voice that you're well, Dad can tell from your laughter that you're having a wonderful time and you can answer little brother's question, "How's the swimmin'?" When you go vacationing, it s a good thing to forge t your responsibili ties--bu t keep the Folks happy with an occasional, inexpensive telephone call. . Lhm Rtach Everywk*r$ ILLINOIS BELL TELEPHONE COMPANY BELL SYSTEM » Policy • One System • Universal Service