McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 28 Oct 1948, p. 9

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

vi * *' v. A ' , • 'i. * H • v* «" s> ••">•? /v ^ a , V.-.n- >..y. ^ _ # . *<-<• »«;*"•. i-H *w ' ** *"• » « J" < -^P « «*• »"» i .*-* mj^.-. »**• siyf- /•$-•; ZZZJt-L^^Jiktpty ?i ^t:k,-m K'it .«. ,' T ,."• Af « «lV « |» •»* „ *. '*1 £+ ^ 1 * " *5> 1 . * <hft >i<b * % m- s V**» >/ •<« v-jfeS •* v» "l^sS -*•>-•% ^<s » ^ # OK ^fW0 *r*^; ^ (,w«-«.•**' / vf ^ v-*ar v* ,« *• .%-•> u»#ii *'. -*.|l r* : . -• .- .-"fa* Ik..* id-fjS* /fc-.iy*;" * ^ -fOr, s .$A«* .;•&: 1» i,^«.i, .-,- .v>.. *• -V- '.K' .. .^'C.,«., ^ . •"?.«' ** Volume 74 McHENRY, ILLINOIS, THURSDAY, OCTOBER 28, 1948 Ho. M ffiDMMCE AV OftXXZHAHOB providing for barnnrtu wan a*A iMtat bonds of t*e Oftty of Mdharjr, County, Illinois. in tho fount of S90.000 for tto of conskractlng * bridio in ud fo> Mid City and proTidlnc for the lory < ul collection of t direct >BMtl tax for tko payment of tho principal of and interest on •Vv.rf. ' WHEREAS, the public convenience Inquires the construction of a .bridge in the City of McHenry, llcHenry County, Illinois, with necessary streqt Improvement thereon, anch bridge to '.lie located on Green Street and to be complete to provide adequate and proper means for the nse thereof by traffic and the citizens of said City; and WHEREAS, alt the proposed improvements described hereinabove are within and for "the City of McHenry, snd the City Council of the said City |u caused estimates of the cost of tlth improvements to be made, and has found the cost ttbre^r to be not leu than Twenty Thousand Ddllars happened and been performed in regular and due' form and time as required by law; that the indebtedness of said City of McHenry, including this bond, doe* not exceed any constitutional or statutory limitations; and that provision hat been made for the collection of a direct annual tax, in addition to all other taxes, on all the taxable property in said City to pay the interest hereon as the same falls due and also to pay and discharge the principal hereof at maturity. •ie , This bond is subject to registration as to principal in the name of the holder upon the books of tho Treasurer of said City, such registration being noted hereon by said Treasurer, after whieh no transfer hereof, except upon such books and similarly* noted hereon, shall be valid, unless rthe last registration shall have been to bearer. Registration of this bond shall not affect the negotiability of the interest coupons hereto attached, which coupons shall continue negotiable by delivery merely, notwithstanding registration hereof. IN WITNESS WHEREOF the said City of McHenry, by its City Couneil, has caused its corporate seal to be hereto affixed, and this bond to be signed by the Mayor of said City and attested bv its Citv Clerk, and the nance be and tho same an hereby repealed. Passed October 18. 1948. Ayes: Althoff, Anderson, George J. Freund, George P. Freund, Regner. Nays: None. Approved October 18, 1948. B. I. OVERTON, Attest: EARL R. WALSH, City Clerk. Published October 28, 1948, in The McHenry Plaindealer, McHenry, Illinois. Recorded Q,ctqber 18, 1948. . " ' EARL B. WALSH. City Clerk. ($20,000); and ... v... . .... WHEREAS, said City does jcoupons hereto attached to be signed sufficient funds on h^nd an av lend attested by said officers, respecfor the purpose of making sai it j ^vejv |>y their facsimile signatures p r o v e m e n t s a n d i t i s d e e m e d t o r m e n , i „ K . , Mat interests of said City that money fee borrowed and bonds pf the City be issued therefor; NOW, THEREFORE, Be It Ordained %j the City Council of the City of MeHenrv, McHenry Couftty, Illinois, as follow*:' • _ Section 1. That there be borrowed ky and for and rfn behalf of the City •f McHenry the principal sum of Twenty Thousand Dollars ($20,000) for the purpose of paying part of the cost •f the construction of a bridge in and _Jler said City as hereinabove recited In the preamble of this ordinance. That to evidence said login, negotiable interest coupon bonds of said City be iasned in the principal amount of •80,000. Said bonds shall be designated •Bridge Bonds" and shall be dated November 1, 1948, numbered from 1 through 20 of $1,000 denomination, due am lolly $2,000 on January 1 in each •f the years 1950 through 1959. 8aid bonds shall bear interest from date at. the rate of Three and On$- ftalf per cent (3%%) per annum; payable on July 1, 1949, and semiannually thereafter on tho first day* •f January and July in eaeh year, mtil paid, which interest payments to date of maturity of principal shall to evidenced by proper interest coupons attached to each bond and maturing on the dates herein provided, and both principal of and interest on said leads shall be payable in lawful money «f the United States of America at ^ ^ ^ ^ ^ the McHenry State ! providing the funds required to pay the Illinois. The seal of said City shall jnteregt * n - 1 - and said officers do by the execution hereof adopt as and for their respective proper signatures their respective facsimile signatures appearing on said coupons, all as of the first dav of November, 1948. B.'% DVEBTON. «.! Mayor. Attest: EABL R. WALSH, City Clerk. (Form of Coupon) No. $ On the first day of 19...., the City of McHenry, li Hie County of McHenry and State of Illinois, will pjiy to bearer Dollars ^ in iawul money of the United States of America, at the McHenry State Bank. McHenry, Illinois, for interest due that day on its Bridge Bond dated November 1, 1948, numbered R. L OVERTON, Mayor. Attest: EAJtL B. WALSH. : City Clerk. jgPbrm for Begistration "af to Principal) Date Name of Registered Owner Signature of City Treasurer Soction 4. That for the purpose of affixed to each of said bio n^d s, and ^ #|| id bonds promptly when me falls due and to pay nid 1 Kinds shall to signed bj- «'^|and discharge the principal thereof at **,J'or.an<* attested by the Clerk of mat„ritv, there be and there is hereby mid City, and said coupons shall be levipd ;ipon all the taxable propcrtv •igned and attested by aa^id officials, sai(1 fitv in eaeli vear whi,e anv respectively, bv their facsimile^ signa-'f said bonds "re outstanding, a direct tnres, and said officers by the exe^ annual tax sufficient for that purpose cation of said bonds shall pdopt as and wjthout limitation as to rate or amdunt, for their respective proper signatures j and that t,|orp bf> nnd thpre is ]lcreby their respective facsimile signatures; iovjefi on nil of the taxable property *PPe>rjn8 o® coupons. jn SJ1jd City, in addition to all other 8ection 2. That the bonds hereby| |axeg< the following direct annual tax, authorized shall be subject to registra-1 wit. tion as to principal in the name of the | por the vear 1948 a tax sufficient to holder upon the books of tlve City Treasurer, such registration to be evidenced by notation of said City Treasurer upon the back of such bonds so registered. No bond so registered •kail be subject to transfer -except upon such books and similarly noted on the back of the bond so registered, unless the last registration shall havi; been to bearer. Such registration of any of said bonds shall not, however, affect the negotiability of the coupons attached to said bonds, but sucfi coupoas shall continue transferable by delivery merely. Section 3. Thnt eacli of said bonds and each of the interest coupons to be thereto attnehed ahull be iu substim tiatiy the following form: (Form of Bond) UNITED STATES OF AMERICA " STATE OF ILLINOIS /> COUNTY OF McHENPV CITY OF McHENRY BRIDGE BOND No ' $1,000 KNOW ALL MEN BY THESE PRESENTS that the Citv of McHenry, In the County of McHenry-and State lllin ib, h.:rebv acknowledges itself to owe. anil for value received lierel »y promises to pay to bearer, or, if this bond be registered, to the registered owner hereof, the sum of One -Thousand Dollars ($1,000-) lawful •mey of the United States of-America on the first day of January, 19...., produce the sum of $3,050 for interest and principal; For the year 1949 a tax sufficient to produce the sum of $2,630 for interest and principal: For the year 1950 a tax sufficient to produce the sum of $2,560 for interest and principal: For the vear 1951 a tax sufficient to 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 iasued by said Citv for the purpose of paying part of the cost of the construction of a bridge in and for said City, pursnant to and in* all respects in compliance ^ith the Revised Cities and Villages Act and all laws amendatory thereof and supplementary thereto, and an ordinance duly passed by the City Coancil of said Citv and submitted to afnd approved by a majority of the legal voters of said City voting thereon at an election duly called, noticed, held and canvassed for that purpose, ih all respects! as by law required. , And it is hereby certified and recited that all acts, conditions, and things required by the Constitution and Laws of. the State of Illinois to exist, or to 4>e done, precedent tof NOTICE OF ELECTION PUBLIC NOTICE is hereby given that a special citv election has been called and will be "held in and ^jawl in the issuance of this bond, have City _of McHenry McHenry County. - • ^ .h v bwn >properU. done< Illinois on the 16th day of Noxember.l ha edandbeen perfo4ed in regular I '-?! AWt ft * 1 f form and time as required bv! pealed, submitted to the voters of said G*ty the w. H)at the iudebtedness of said City following ordinance: J of McHenry. including this bond, does uot exceed any constitutional or statutory limitations-, and that provision has been made for the collection of a direct annual tax, in addition to all other Henry County, and said Clerk shall in and for each of the years 1948 to 1957, both years included, ascertain the rate per cent required to produce the aggregate tax hereinbefore provided to be levied in eaeh of said years, respectively, against the taxable property within said City situated within said County and extend the same for collection on the tax books, without limitation as to rate or amount in connection with other taxes levied in each of said years, respectively, in and by said City for general corporate puropses of said City, and in each of said years such annual bond and interest tax shall be collected by said City in like manner as taxes for general purposes for each of said vearf tore collected, and when collected shall be used solely for the purpose of paying the principal of, and the interest upon, the bonds hereinbefore described when same matJ^-e. Section 5. That all ordinances, reso- (Schiessle Building), McHenry, Illinois. Ward 3. Blake's Garage--McHenry, Illinois. The polls at aaid election will be opened at tlx o'clock in the morning and will be closed at five o'clock in the afternoon of said day. All persons qualified to vote at general municipal elections are entitled to vote on said proposition. By order of the City Conneil of said City of McHenry. * ^ Dated October 18, 1948. * : . R. I. OVERT?)!*. - Mayor. / ,- EARL R. WALSH. | v"""' (, / City Clerk.-. \ GotUc Architeetaro Juat prior to the tnmtfan of la>. Gothic architecture «H tng Europe. The feudal system of tit period wai typefied by the waited dty which aeryed to protect the tadiaMtanta from foreign inTadera. It wwm theae very walla that gave rlae to tt» Oothic churches. Space within tha walled town was at a premium. Ho longer was it possible to build hori- •ontally as was common in Romaneaque architecture. Now the churches had to be built more vertically which caused them to assume their typical cramped appearance. T: lutions and orders, or parts thereof, in i conflict wtih the provisions of this ordi-l nance be and the same are herebv re- AN ORDINANCE providing for bor rowing money Mid issuing bonds of the City of McHenry, McHenry County, Illinois, in the principal TZL&str&.t .•wsS: p.rrr,y - sai.d. City and. • p rov.id. .in •g f•o r the l.e_v_y_ said ( tt.v to pra .v the interest hereon as Passed October 18. 1948. Ayes: Althoff, Anderson^ George J. Freund, George P. Freund, Regner. Nays: None. " Approved October 18, 1948. R. I. OVERTON, Mayoi'. and collection of a direct annual V.,e ,8aine due and also to pay audi Attest: tax for the payment of the principal' f'^vprinc,pal hereof at ma- EARL R. WALSH, . of and interest on said bonds. , » .1 City Cl«m, : * ! 1) )'j"^in 1', 8-^3e t Ch„ i Published Oetober 28, 1948, in The Mc- WHEREAS. the public convenience •* Vri""Pi91 {" ®f ^e;Henrv Plaindeaier, MeHenrv, Illinois, requires the construction of i bridge | upo.n mI, rih f ; Recorded October 18, 1948." in the Citv of MeHenrv, MoHenrv Trea8"rer of 8a,d/^' Muh ,reKl,tra 1 w« Tt'Wilw County, Illinois, with necessary streeth,on being qpted hereon by said; fcABL a. WALSH, improvement thereon, such bridge to| Jrea8yrer' a^t'r which no transfer; .• • • • be located on Green Street and to be) hereof, except upon such books and For wnd election each ward of said complete to provide adequate and I *imilarl-v I,oted herpon- sha11 be valid, I City shall constitute one election pre proper means for the use thereof by "n,e88 t!u; last registration shall have cinct, and the polling places for said traffic and the citizens of said Citv: >,e,\ ^ Registration of this (election shall be as follows: " ibo,,d 8ha11 not affect the negotiability i Ward 1. Polling Place--City Hall. WH1TPPAR 0n nmnnioii in. of the interest coupons hereto attached,1 MeHenrv, Illinois. WHEREAS, all the proposed im- whioh conpons shall continue negoti able by delivery merely, not withstand- Our Special Luncheons served from 11 a. m. to 2 p. m. ; , * OUR MOST DELIGHTFUL DINNEBS * served from 5 p. m. to 10 p. m. For Eeservations Call LAKE ZURICH 2421 FARMAN HOTEL Open Every Day fc&ke Zurich, Ili provements described hereinabove are within and for the City of McHenry, and the City Council of the said City has caused estimates of the cost of such improvements to be made, and has found the cost therefor to be not less than Twenty Thousand' Dollars ($20,000); and WHEREAS, said City doea not have sufficient funds on hand and available for the purpose of making said improvements and it is deemed for the best interests of 'said City that money be borrowed and bonds of'the City be iasued therefor; Ward 2. Polling Place--Town Hall iug registration hereof. IN WITNESS WHEREOF , the said City of McHenry, by it^City Council, has caueed its corporate seal to be hereto affixed, and this bond to be signed by the Mayor of said City and attested by its City Clerk, and the coupons hereto attached to be signed and attested by said officers, respectively, by their facaimile signatures, and aaid officers do by the execution hereof adopt as and for their respective proper signaturea their respective IU0O lOvrciur« i * , , _ NOW, THEREFORE, Be It Ordained fac8lm,le appearing on said by the City Council of the City of coupons, all as of the first day of McHenry, McHenry County, Illinois^ as follows: •action 1. That there be borrowed bv und for and on behalf of the City of MeHenry the principal sum of Twenty "thousand Dollars ($20,000) for the purpose of paying part of the eost of the construction of a bridge in and for said City as hereinabove recited in the preamble of this ordinance. That to evidence said loan, negotiable interest coupon bonds of aaid City be issued in the principal amount of $20,000. Said bonds shall be designated "Bridge Bonds" and shall be dated November 1, 1948, numbered from 1 through 20 of $1,000 denomination, duo serially $2,000 on January 1 in each of the years 1950 through 1959. Said bonds shall bear interest from date at the rate of Three and Onehalf per cent (3%%) per annum, payable on July 1, 1949, and semiannually thereafter on the first days of January and July in each year, until paid, which interest payments to date of maturity of principal shall be evidenced by proper interest coupons attached to each bond and maturing on the dates herein provided, and both principal of and interest on said November, 1948. B. I. OVERTON, Mayor, • Attest: EARS % WALSH, City Clerk. (Form of Coppoa) - No. $ ...... On the first dtv 6f 19...., the City of McHenry, in the County of McHenry and *8tate of Illinois, will pay to bearer * Dollars ($ ) in Iawul money of the United States of America, at the McHenry 8tate Bank, McHenry, Illinois, for interest due that day on its Bridge Bond dated Noveuibe* i, 1948, numbered R.-I. OVERTON, Mayor. Attest: EARL R. WALSH, City Clerk. (Form for Begistration as to Principal) Date Name of Registered Owner fpjgnature of Citv Treasurer CEDAR CHESTS An ideal Xnum gift for sweetheart, sister, daughter, wife, and mother. While they last From 95 P. M. Justen Furniture Co. WEST McHEHRY The traok of valne with the "Armjr Workhorse" engine, % to 10 tons. Now available in all body types with only a short waiting period. f Used 1946 Chevrolet Heavy Duty Dump Truck with four yard body and hoist. Tires new, mechanically perfect. New truck guarantee. Only 11450.00 R. I. Overton Motor Sales Phone $ McHenry, HI, *» 403 Front St Section 4. That for the purpose of. levied upon all the taxable property j Within said City in each year while any I of said bonds are outstanding, a direct annual tax sufficient for that purpose; produce the sura of $2,070 for interest and principal; That principal of or interest on said bonds falling due at any time when there are insufficient funds on hand to pay the same from the proceeds of the taxes hereinabove levied be paid promptly when due from current funds on hand in advancement of the eolJccUgj}^ of aaid taxes, and when said taxes shall together with interest on aaid sum, have been collected, reimbursement from the date hereof until paid, at the rate of Three fcnd One-half per ••at (3)4%) per annuih, payable on Jaly 1. 1949, and semi-annually thereafter on the first days of January, aad July in each year, which such interest until the maturity of this boad is payable upon presentation and •mender of the interest coupons hereto attached as they severally become dae and payable. Both principal hereof and interest hereon are payable at the McHenry State Bank, McHenry, HKnois. For the prompt payment of thia 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 iasued by said City for the purpose of paying part of the eost ef the construction of a bridge in and for said City, pursuant to and in all reepects in compliance with the Revised Cities and Villages Act and all .laws amendatory thereof and anpplesientary thereto, and an ordinance duly passed by the City Council of said City and submitted to and approved by a majority of the legal voters of aaid City voting thereon at an election duly called, noticed, hold and canvassed for that purpose, in all respects as by law required. And it is hereby certified and ree* rd that a0 acta, conditions and things required by the Constitution aid Laws of the State of Illinois to rrlst. or to be done, precedent to sad in the istuanee of this Jmnd, have existed and have taw properly 4ea% bonds shall he payable in lawful money of the United States of America at produce the sum of $2,490 for interest j the MeHenrv State Bank. McHenry, apd principal; ' | Illinois. The seal sf said City shall Prov'<ling the funds required to pay the For the year 1952 a tax sufficient.'-to1 be affixed to each of said bonds, and! ^nterest on 8a"* honds promptly when produce the sum. of $2,420 for interest! said bonds shall he signed by t"hein,M' 88 sain<> falls due and to pay and priucipal; j Mayor and attested by the Clerk of on^ discharge the principal thereof at .For the year 1953 a tax sufficient to ( said City, and said coupons shall be m°turity, there bp and there is hereby produce the Am of $2,350 for interest i signed and attested by said officials, hnd principal: j respectively, by their facsimile signa- For the year 1954 a tax sufficient to i tures, and said officers by the exeproduce the sum of $2,280 for interest! oution of said bonds shall adopt as and , and principal: for their respective proper signatures' wl^'lout limitation as to rate or amount For the year 1955 a tax sufficient to.'their respective facsimile signatures! nn^. there he and th?re is hereby produce the sum of $2,210 for interest i appearing on ,said coupons. | evied on ,all of the taxable property ««d principal; I Section 2. That tho bonds herebyj'11 8a'd..City, in additioji to all other' 'For*the year 19o<5 a tax sufficient to| author ized shall be subject to registra- Jaxea,^ the following direci annual tax, produce the sum of $2,140 for interest | tiotl as to principal in the nqmc of the ' and principal; j holder upon the hooks of the City For the year 1957 n tax sufficient to Treasurer, such registration to be evi-1 denced by notation of said Citv Treasurer upon the back of such bonds so registered. No bond so registered shall be subject to transfer except upon such books and similarly noted on the back' of the bond so registered, unless the last registration shall have been to bearer. 8uch registration of any of said bonds shall not, however, affect the negotiability of the coupons attached to said bonds, but. such coupons shall continue transferable by delivery merely. Section 3. That each of said bonds and each of the interest coupons to be thereto attached shall be in substantially the following form: (Form of Bond) > UNITED STATES OF AMEBICA TATE OF ILLINOI8 jVJ&•* UNTY OF MeHEKRT 4 i CITY OF McHENBY v BBIDGE BOND $1,000 KNOW ALL MEN BY THE8E PBESENT8 that the City of MeHenry, in the Connty of McHenry and State of Illinois, hereby acknowledges itself to owe, and for value received heroshall be made to the sai<I funds in the amount thus advanced. That forthwith upon the approval of this ordinance by the voters of said City, a copy hereof, ceritificd by the Clerk of said City, which certificate shall recite that this ordinance has been passed by the City Couneil of said City, published and approved by a' majority of the voters of said City voting on the question at an election called and held for that purpose, shall be filed with the County Clerk of McHenry County, and said Clerk shall in and for each of the years 1948 to 1957, both years included, ascertain the rate per cent required to produce the aggregate tax hereinbefore provided to be levied in each of said years, respectively, against the taxable property within said City aituated within said County and extend the same for collection on the tax books, without limitation as to rate or amount in connection with other taxes levied in each of said years, re No.. to wit: For the year 1948 a tax sufficient to produce the sum of $3,050 for interest, and principal; I For the year 1949 a tax sufficient to. produce the sum of $-,630 for interest' and principal; j For the year 1930 a tax sufficient to produce the sum of $2,560 for interest | and principal; | For the year 1951 r tax sufficient toi produce the sum of $2,490 for interest i and principal; « I Tor the year 1962 a tax sufficient to< produce the sum of $2,420 for interest! and principal; For the year 1953 a tax sufficient to produce the sum of $2,350 for interest and principal; For the year 1954 a tax sufficient to produce the sum of $2,280 for interest an& principal; For the year 1955 a tax sufficient to produce the sum of $2,210 for interest and principal; For the year 1956 a tax sufficient to produce the sum of $2,140 for interest and principal; For the year 1957 a tax sufficient to produce the sum of $2,070 for interest and principal; That principal of or interest on said spectivelv. in and by said City fqrif™m \he date hereof until paid, at j ! th<? rate of Three and One-half per by promises to pay to bearer, or, if! bonds falling due at any time when -there this bond be registered, to the regis- -- : -- L I - tered owner hereof, the sum of One Thousand Dollars ($1,090) lawful money of the United States of America on the first day of January, 19...., together with interest on said siim general corporate purposes of said City, and in each of said years such annual bond snd interest tax shall be collected by said City in like manner aa taxes for general purposes for each of said years are collected, and when collected shsll be used solely for the purpose of paying the principal of, and the interest upon, the bonds hereinbefore described when same mature. Soction 5. That all ordinances, resolutions and orders, or parts thereof, in . convict wtih the provisions of this ordicent (3ft%) per annum, payable on July 1, 1949, and semi-annually thereafter on the first days of January aud July in eaeh year, whieh such interest until the maturity of this bond is payable upon presentation and surrender of the interest coupons hereto attached as they severally become due snd payable. Both principal hereof and interest hereon sre payable at the McHenry State Bank, MeHenry, Illinois. For the prompt psyment of are insufficient funds on hand to pay the same from the proceeds of the taxes hereinabove levied be paid promptly when due from current funds on hand in advancement of the collection of said taxes, and when said taxes shall I have beeu collected, reimbursement! shall be made to the said funds in the amount thus advanced. That forthwith upon the approval of this ordinance by the voters of said City, a copy hereof, ceritified by the Clerk of said City, which certificate shsll recite that this ordinance has been passed by the City Council of said City, published and approved by a majority of the voters of said City voting on the question at an election called and held for that purpose, shall be filed -with the County Clerk of Mc- HERE IS!!! THE EVENT YOU HAVE BEEN WAITING FOR. THE 7th ANNUAL HALLOWEEN PARTY £ COSTUME DANCE SPONSORED BY THE Lilymoor Property Owners Ass'n, Inc. ON Saturday Eve., Oct, 30 AT CLUB LILYMOOR (2 ML East McHenry On Roots 120) FOOD -- REFRESHMENT -- DANCING Music by "THE STARLYTERS" • ' ' Special Awards For Best 74c Tat Inc. v 9:00 p. m. til ? ? One! Come All! Vbn Galore For Everyone SAM L. FIORETTO, Chairman it Master of Ceremonies. OHAS. ROGERS, Assn. Pres. * BSI-- * i. * ;S r

Powered by / Alimenté par VITA Toolkit
Privacy Policy