Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1860-05-02
AN ACT

AN Act
To AUTHORIZE the County OF ONO TO
Borrow NOT EXCEEDING THE Sun OF Two
HUNDRED AND TWENTY-FIVE THOUSAND
DOLLARS. PASSED MARCH 10TH, 1860:
BeEn enacted By the General assembly Of the
STATE Of PI-ginia:
That the County Court of Ohio Comfy
be and they arc hereby authorized and en-
powered in the name. and for, and on be-
half of the said County, to borrow not eX-
Cecding the sum of two hundred and
twenty thousand dollars, for which sum
shall be scnled and delivered to the lenders
thereof the bonds of the said County,
bearing date the first day of February,
eighteen hundred and sixty, each for the
sum of one hundred, or five hundred, or
one thousand dollars, and bearing interest
Mt the rate of six pcrcentum per annum,
! the principal sum of said bonds to be
| payable twenty years after their date, and
| the interest accruing thereon to be pay
! able scmi-annualiy jfor which interest
warrants or coupons may be attached TO
each of snid honds,l payable at some bank
! in the city of New York, and State OF New
| York. The said bonds shall he signed by
! the Presiding Justice of said County Court,
countersigned by the Clerk thereof, and
The warrants or coupons to be attached
to said bonds, for the scmi-nnnual install
mcnis OF interest Nccruing thereon, shall
be signed hy the Clerk of the said Court;
the said County Court shall by order pre-
scribe the manner and terms in and upon
which the said bonds shall be sold by the
Commissioners of the sinking fund herein
after named.
To secure the certain and punctual pay
ment of the principal sum of said bonds.
and the interest which may accrue there
on, it shall be the duty of the County
GA8rtdRFr Ohio HI 6aH'yvifr PtghfyHR rntfHm af
and sixty, and at the May Term of said
Court, in each succeeding year until the
said loan and the interest thereon shall
have been fully paid off and discharged, to
levy on all the lands, and all other SUBJECTS
liable to State tax or County levy in said
| County, in addition to all other sums re-
quired by law to be levied thereon the
sum of eighteen thousand FIVE hundred
dollars, for the payment of the interest
upon the said loan. and the sum ot hve
thonsaud dollars to create Il fund for the
REDEMPTION of the principal of the said
loan. The said levy shall be made by the
said Court whether the members thereof
| shall have been specially summoned Tor
such purpose or not, and shall also be
made by any four or more members OF Sald
| Court, authorized by law to hold the May
| term thereof To enable the said Court to
make the said levy, it shall be the duty
of the Commissioners of the Revenue Tor
the said County to deliver to the Clerk
of the said County Court one copy of the
land book and copy of the property BOOK,
(! duly completed according to law, on or be-
fore the first day of May in each year
The said Court shall not levy, ut said
| Nav term for any sum or sums OF money
chnrgeable on said County, other than tile
sum of eighteen thousand and live hnn-
6red dollars, unless majority of the act
inc Justices of the County he present, or
unless the Justices of the County shall
have been summoned to act upon the mat
ter.
1t shall be the duty of the county Court
of snid county at the May term, eighteen
hundred and sixty, of said Court, to ap-
noint three persons as Commissioners, to
be called the Commissioners of the Sink
inc Fund for Ohio County. Before enter
inG uDou the duties imposed upon them by
lthis net. each of the said Commissioners
shall seal and deliver to the snid Court q
bond in the penal sum of forty thousand
dollars, payable to the County Court tol
Ohio County, with two or more securities
TO be approved hy the said County Court
conditioned that he shall honestly ano
faithfully perform the duties imposed upon
him. and we'll and truly account for anc
apDly and pay over all moneys or other
things which shall come to his hands n:
such Commissioner, or under color OF his
said Office. Damages for any breach ol
the condition of said bond shall be recoV.
erabIc for the benefit of the sinking fnnC
created by this act, by the Judgement o
the Circuit Court for said County, upon a mo
ton in the name OF saidCOunty against tht
obIiouors in said bond, whereof not les!
than ten days notice shall be given to s"lt
cbliouors and each of them SAD Com
missioners shall continue III once until th'
said loan with the interest accrulng Ihere
on shall have been fully paid oil ana dis
charged, unless said term OF olhce shai
lhaye been sooner determined by,.rcsl2n"
tion, removal from Office, removal trou
said County, or death. Any Commission
or may be removed from office by IN or
der from the Circuit Court for Ohio Coun
~. for neglect of duty, or other caus'
deemed sufficient by said Circuit Court
upon the motion of the County Court 10
Ohio County, or of any County CommisS
iouer of twenty tax payers OF SAID county
of which motion, with the cause assigned
not less than ten days notice sh"'' nav
been first given to said Commissioners
ANY vacancy in said board OF CohihlS
tsiouers shall be filled by the apPo'ntmeh
of some suitable person by the count.
Court for said Csuuty, such Commission
thus appointed shall give bona as require
bv this section. The County GouFt o
Circuit Court may require any Colh!ills u! :.
sioner to give new bond such us Is u
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