TOLUCA STAR-HERALD, TOLUCA, ILLINOIS, FRIDAY, MARCH 22, 1929
NOTICE OF ELECTION
Notice is hereby given that at the regular election to be held in and for the City of Toluca, Marshall County, Illinois, on the 16th day of April 1929 there be and there is hereby submitted to the voters of said City, for their approval, the following ordinance: --
ORDINANCE NO. 3
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF $19,000 FUNDING BONDS FOR THE CITY OF TOLUCA, MARSHALL COUNTY ILLINOIS AND PROVIDING FOR TEH COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF PRINCIPAL OF AND INTEREST ON SAID BONDS.
WHEREAS, judgments have been entered against the City of Toluca, Marshall County, Illinois, on account of public benefits for various local improvements and for other valid and binding obligations in an amount in excess of Nineteen Thousand Dollars ($19,000) and
WHEREAS, it is for the best interests of the City of Toluca, if said judgments are paid at this time and the City borrows money and issues its bonds therefore; and
WHEREAS, it has been found that all of said judgments heretofore entered are valid and binding obligations of said City, and
WHEREAS, this City does not have sufficient funds to pay said judgments at this time and it is necessary and for the best interests of the City that it borrow the sum of Nineteen Thousand Dollars ($19,000) for that purpose and issue its bonds therefore;
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF TOLUCA, MARSHALL COUNTY, ILLINOIS, as follows
Section 1. That there be borrowed by and for and on behalf of the City of Toluca, Marshall County, Illinois, the sum of Nineteen Thousand Dollars ($19,000) for the purpose of paying judgments which have been entered against the City on account of public benefits for various local improvements and for other valid and binding obligations. That to evidence said loan, negotiable coupon bonds of said City be issued; that said bonds shall be designated "Funding Bonds" be 23 in number, numbered from 1 to 23 inclusive, be of the denomination of $1,000 and $500, be dated May 1, 1929, and become due and payable in numerical order as follows:
$1000 August 1, 1930; $500.00 August 1, 1930; $1000 August 1, 1931; $500.00 August 1, 1931; $1000 August 1, 1932; $500.00 August 1, 1932; $1000 August 1, 1933; $500.00 August 1, 1933; $1000 August 1, 1934; $500.00 August 1, 1934; $1000 August 1, 1935; $500.00 August 1, 1935; $1000 August 1, 1936; $500.00 August 1, 1936; $1000 August 1, 1937; $500.00 August 1, 1937; $1000 August 1, 1938; $1000 August 1, 1939; $1000 August 1, 1940; $1000 August 1, 1941; $1000 August 1, 1942; $1000 August 1, 1943; $1000 August 1, 1944;
and bear interest at the rate of five and one-half percent (5 1/2%) per annum, payable August 1, 1930, and semiannually thereafter on the 1st days of February and August in each year, with interest payments, to the date of maturity of the principal shall be evidence by proper interest coupons attached to each bond and maturing on the date herein provided, and both principal and interest shall be payable in lawful money of the United States of America at the Continental National Bank & Trust Company of Chicago, 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. ...................
CARROLL & DIEHL, Publishers
Member M-P Press Association
FRIDAY, MARCH 22, 1929
Entered as second-class matter January 27, 1912, at the postoffice at Toluca, Illinois under the Act of March
One Year ...........................$1.50
Six Months ...........................1.00
Three Months ....................... .50
|LOCAL NEWS ITEMS
--Mr. and Mrs. William Holz and family were Peoria callers Monday.
LUTHERAN CHURCH NOTES
Next Friday evening at 7:30 we will observe our usual Lenten service. Our topic is based on Luke 23, 4-12, Herod the Religious Novelty Seeker. The offering will be used to help pay for our pipe organ; still we need $43 to raise the first installment. Next Sunday's sermon topic is "the Burial of the Lord."
German Service -- 9:00 a.m.
C. F. HAFERMANN, Pastor.
BAKE SALE AT CITIZENS BANK
The Ladies Aid of the Lutheran church wishes to announce a bake sale to be
given March 30th, at the Citizen's National Bank. Please note that March
30th is the day before Easter. Why not let us help you furnish your Easter
Sunday menu? Your patronage will be appreciated.
I wish to tank my dear teacher, Miss Whitton, and all my school mates at the Science Hall School, for all the beautiful flowers, letters and birthday cards, they sent me during my recent stay at th hospital.
By virtue of an execution issued out of the Clerk's office of the Circuit Court of Marshall County, and State of Illinois, and to me directed, whereby I am commanded to make the amount of $755.80 certain judgment recently obtained against H. W. Butcher and Luella Butcher in favor of the Rutland Farmers Grain & Supply Company, a corporation, our of the Lands, Goods and Chattels of the said H. M. Butcher and Luella Butcher, I have levied on the following described property, to-wit:
The East Half of the Northwest Quarter of Section Twenty-Six (26) Township Twenty-nine (29) Range One (1) East of the Third Principal Meridian in Bennington Township, Marshall County, Illinois.
Therefore, according to said command, I shall expose for sale at public auction for cash all the right, title and interest of the above named H. M. Butcher and Luella Butcher, respectively, in and to the above described property, at 2 o'clock P.M., on Saturday the 13th day of April, 1929, at the West Front Door of the Court House in Lacon.
Dated at Lacon, Illinois, this 18th day of March 1929.
I. L. DAVIS,
Sheriff of Marshall County
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