10 May make rules and regulations for ventilating and trapping drains, etc. be necessary for the purpose named; provided, that As enacted by Chapter 463, Laws of 1887, approved April 13th, 1887. SECTION 23. The board of public works with the approval of the common council, may also make rules and regulations for the proper ventilating and trapping of all drains, soil-pipes and fixtures hereafter constructed to connect with or be used in connection with the sewerage or water supply of the city, and the common council may provide by ordinance for the enforcement of such rules and regulations, and may prescribe proper penalties and punishment for disobedience of the same. The board of public works, with the approval of the common council, may also make rules to regulate the use of vent, soil, drain, sewer and water pipes in all buildings in said city, which hereafter shall be proposed to be connected with the city water supply or sewerage, specifying the dimensions, strength and material of which the same shall be made, and which may prohibit the introduction into any building of any style of water fixture, trap or connection, the use of which shall have been determined to be dangerous to health or for any reason unfit to be used, and the board shall require a rigid inspection by a skilled and competent inspector under the direction of the board, of all plumbing and draining work, and water and sewer connections hereafter done or made in any building in the city, and unless the same are done or made, and made according to the rules of the board and approved by the board, no connection of the premises with the city sewerage or water supply shall be allowed. As enacted by Chapter 463, Laws of 1887. 10 CHAPTER 90, LAWS OF 1891. SECTION 1. The common council of the city of Milwaukee is hereby authorized to provide by ordinance for the issue of corporate bonds of said city not exceeding in amount one hundred thousand dollars, payable in not more than twenty years after date of said issue. Said bonds shall bear interest not exceeding the rate of five per cent. per annum, and shall be known as and called "city water bonds," and shall be issued to provide funds for the extension of the system of water works in said city. Provided, that not more than fifty thousand dollars worth of said bonds shall be issued in the year 1891, and not more than fifty thousand dollars worth of said bonds shall be issued in the year 1892. SECTION 2. All bonds issued under the provisions of this act, shall be signed by the mayor and clerk of said city, countersigned by the comptroller of said city, attested by the commissioners of public debt of said city, sealed with the corporate seal of said city, made payable in lawful money of the United States of America in the city of Milwaukee or New York, and shall each be for the principal sum of one thousand dollars, or five hundred dollars, or one hundred dollars, and shall have attached thereto interest coupons or warrants for the semi-annual payment of interest thereon and such bonds and coupons shall be numbered in the form and manner to be designated by said comptroller. SECTION 3. Bonds issued under the provisions of this act shall be issued from time to time, in such amount as the common council of said city may determine upon; said bonds when issued and properly signed and sealed, shall be delivered to the commissioners of public debt of said city, and by that body disposed of; the proceeds arising therefrom to be paid into the treasury of said city, and such proceeds shall constitute a separate and distinct fund, to be exclusively applied for the purposes specified in the first section of this act. SECTION 4. The office of commissioners of public debt of said city shall not be abolished while any bonds issued under the provisions of this act remain outstanding and unpaid. Common council may issue bonds. How issued. How disposed of. Office of commissioners of public debt not to be abolished. 10 Certain sections of chapter 87, laws of 1861, made a part of this act. Tax to be levied to pay interest and principal of bonds. Bonds to be cancelled. Same. Bonds not to be sold for less than par value. SECTION 5. The provisions of sections 2, 6, 7, 8, 9, 10, 11 and 17, chapter 87, of the laws of 1861 applicable and not inconsistent with the provisions of this act, shall apply to bonds issued under the provisions of this act and such sections, if not inconsistent, are incorporated as a part of this act. The true intent and meaning of this act is to provide for the present issue of bonds in the same manner as bonds issued under the provisions of that act are provided for, unless the common council upon the recommendation of the commissioners of public debt shall elect by ordinance to specify, what particular bonds shall expire and be retired in each year not less than five per cent. of the whole issue, and said common council is hereby authorized to so elect. SECTION 6. The common council of said city shall annually cause a tax to be levied upon all taxable property in said city, both personal and real, for the payment of the annual interest on all unpaid bonds issued under the provisions of this act, and for twenty years before the principal of said bonds becomes due, the said common council shall annually cause a tax to be levied upon all taxable property, both personal and real, equal in amount to five per cent. of all bonds issued and outstanding under the provisions of this act, for a sinking fund to redeem such bonds as the said commissioners of public debt direct to be cancelled or which shall have matured. SECTION 7. As soon as a sinking fund shall have been collected and set aside, the said commissioners of public debt shall proceed to cancel bonds in amount equal to the sinking fund so provided. SECTION 8. All bonds directed to be paid by said commissioners of public debt shall be, when paid, stamped, “cancelled,” and when so stamped shall be delivered to the common council of said city and by that body publicly declared cancelled. SECTION 9. The commissioners of public debt of said city are hereby prohibited from selling or otherwise disposing of any such bonds at a less valuation than par, that is to say, at less than the principal of said bonds, together with the accrued interest thereon, and said commissioners of public debt are further prohibited from issuing bonds under the provisions of this act, which, together with the bonds heretofore issued, shall exceed the limit of the bonded indebtedness of said city. Cities may lease or purchase water works or lighting works, how. CHAPTER 182, LAWS OF 1895. AN ACT in relation to municipal ownership or control of waterworks and lighting works. SECTION 1. Any city, when authorized so to do by ordinance adopted by a vote, in favor of the same, of a majority of all the members elect of its common council, after the same has been submitted to a vote of the people and a majority have voted in favor of such purchase or lease, may purchase or lease the waterworks or lighting works, or both, owned by any corporation in such city and having a contract with such city for public service, or purchase or lease the interest of such corporation in such works, or obtain the control of such works by purchasing the stock of such corporation and keeping up its organization, and in any such case such council, by majority vote, may provide for the payment for such purchase by the issuance of bonds or otherwise in such manner as the common council of such city may deem for its best interests, not contravening, however, the provisions of the constitution in respect to municipal indebtedness; and in such case such city shall provide, by appropriate ordinances for a non-partisan management of such works, and to that end, may create a board of commissioners, to be non-partisan and elected by the common council, fix the term of office of the members thereof, and invest such board with appropriate powers. Provided the authority hereby granted shall extend only to the purchase 'or lease of water works or lighting works already erected and estab lished and in operation and only to cities in which there exists one such system for such purpose or purposes. SECTION 2. All acts and parts of acts so far as they conflict with the provisions of this act, are hereby repealed. 10 CHAPTER XI. PUBLIC Debt. SECTION 1. There shall be in the city of Milwaukee a board composed of three persons, who shall be residents of said city, shall be styled "commissioners of the public debt," shall be appointed by the mayor, with the approval of the common council, and shall respectively hold the office for the term of three years, and till their successors are appointed and qualified. Each of the present commissioners of the public debt of said city shall continue to hold his office until the expiration of the term for which he was appointed, and until his successor is appointed and qualified. The mayor shall, within one month after the expiration of the term of any commissioner, appoint his successor, and within one month after any vacancy shall occur by death, resignation, or otherwise, shall appoint some person to fill the vacant office for the unexpired term, all such appointments being subject to the approval of the common council. SECTION 2. The commissioners of the public debt. shall fix their own times of meeting, and the mode of calling their meetings. The action of a majority of them shall be deemed the action of the commissioners. They shall transact all their business at the office of the comp Commissioners of public debt. Appointments, how made; vacancies, how filled. Transaction of business. 11 Duties of commissioners. All city bonds hereafter issued to be attested by commissioners of public debt. troller, and that officer shall be ex-officio the secretary of the commissioners and shall preserve a full record of all their proceedings. SECTION 3. It shall be the duty of the commissioners of the public debt to superintend the execution, issue, and use of all bonds issued or to be issued by the city, and the levy, collection and disbursement of the taxes provided for by law for the interest upon such bonds and for the sinking fund for the payment of the principal thereof, and to perform such other services and duties. in respect to the same as are or may be prescribed by law. SECTION 4. All bonds hereafter issued by said city shall be numbered consecutively in such manner as the common council may by ordinance prescribe, shall be signed by the mayor and clerk, sealed with the corporate seal, countersigned by the comptroller, and attested by the commissioners of the public debt of the said city, and Face of bonds shall each and every bond issued shall show on its face for what show, etc. purpose, and by authority of what law it was issued, and shall have plainly engraved or printed in figures, on some convenient place thereon, a statement of the several amounts of the assessed value of the taxable property in the city of Milwaukee, for the five several years next preceding the issue of such bonds, and also of the principal sum of the bonded debt of the said city of Milwaukee, issued and yet outstanding-exclusive of the bonds heretofore issued by the said city to railroad companies-specifying severally the amount of each issue of such bonds, including the issue of which the bonds bearing such statement shall be a part. Account of city bonds to be kept. SECTION 5. An accurate account shall be kept by the comptroller, or by such other officer as may be appointed by law for that purpose, of the issue of all the bonds by the said city, of their numbers, dates and amounts, of the dates of payment of interest and principal thereon, and of the particular purpose for which each bond is issued. All bonds issued by the said city shall be negotiated and disposed of by the said commissioners of the public debt, and such bonds, and the proceeds thereof, shall be used solely and only for the purposes defined in the law authorizing their issue, and in amount shall not exceed the limits fixed by law for the respective purposes |