The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-01-18


outstanding bonds issued under this or.
dinance. That said Commissioners, out Of
the moneys so set aside, shall pay the in.
I terest on said bonds as It becomes due,
and shall, on the first day Of July In each
and every year, apply the residue Of the
moneys so set aside by them to the re-
demption oil the then outstanding bonds
issued under this ordinance; and the
bonds TO be redeemed shall be determined
by said Commissioners by lot, who shall
thereupon give notice TO the
holders thereof by advertisement,
4 published ten days In some
newspaper printed ID the said city Of
4 Wheeling, and in such other mode as they
may deem proper, Of the numbers Of the
bonds To be redeemed, and such bonds
shall cease TO bear interest from the said
LIST day Of July unless delivered up to said
Commissioners at said bank within thirty
days from the said first day Of Julyior re.
demption by their respective owners,
Z, That all moneys paid the said Com
missioners under and by virtue Of this or.
dinance shall be held by said Commission.
ers and shall be paid out by them as may
be ordered by the said Council, except
the 10 per cent. which the said Commits
sioners are required 70 set aside for the
payment Of the interest and redemption OF
tho bonds issued hereunder as Is provided
in the 9Th section Of this ordinance, pro.
vided, however, that no money accruing
from the revenue ofthe gas works Of said
city over and above the said 10 per cent.
shall be drawn by the said city except in
payment Of the running expenses, repairs
and improvements In and about said gas
works, and in extensions ofpipe.
s. That 1t shall bethe duty ofthe Clerk
Of said city to keep true account In the
books Of the city, OF the receipts and dis:
bnrsements Of said Commissioners and
shall report the same from time 10 time
to Council. .i'iiae
0. That the proceeds Of the sale Of the
bonds issued hereunder, shall be exclusive
| ly applied to the purchase Of the property
Of the Wheeling Gas Company, and to no
other purpose, 81. ~
10. That the bonds issued under this
ordinance shall be exempt from municipal
taxation by the said city Of Wheeling.
Ii. That upon the petition Of the own
ers Of one-half or more ofthe outstanding
bonds issued under this ordinance, the
Council Of said city shall have the power
to remove any one or more Of said Com.
mssioners and appoint Commissioners to
carry into effect the provisions Of this or.
dinance. Tho Council shall have authori;
ty at any time to remove any one or all
Of the said Commissioners: provided two.
thirds Of Council agree on such removal.
10. In case Of the death, resignation or
removal Of any one or more Of said Com.
missioners, the Council Of said City shall
fill the vacancy. stti -lslu.b u
10. That before the said Commissioners
shall make sale Of the bonds authorized
by this ordinance, they shall advertise In
the newspapers Of the city that they viii
receive subscriptions for the same, for ten
days, and they shall allow no one person.
or firrnfto subscribe Tor a greater amount
than 5000, until infer tho expiration of
ten days, Should the subscription exceed
the amount issued, the said Commission
ers shall apportion the sumo pro rata
among thesubscribers, "a .'.,, -,
IA. Tho said Commissioners shall re.
ceiyesuch compensation as the Council
shall from time to time allow. 's
15!This ordinance shall DO In force
from It's passage. a ~ ea tatgs-g
Mr.. Sweeney, from the Finance Com
mittee, submitted a report In reference 10
the delinquent tax bills OF 1869, showing
bills believed To- be collectable, SI,93f;
bills collected, 1893. Tho committee re-
ported the following, which were adopted:
,Rs0lptd, That the Sibills for 1860 be
left In the hands Of tho Finance Commit.
tee and that they DO authorized TO use
such measures as they deem best for the
interest Of the city In the collection Of, the
same, whether by employing collectors Of
apercentagG or placing IN. the hands Of
justices for collection. 'a.
2 lI2eAOlUed, That any party who Is Rbleto
pay his tax bill and will refuse shall DO
deemed not worthy of filling any Office OF
trust or honor in the city.
The Mayor laid before tho Council his
correspondence with tho Gas Company In
regard to the appointment Of an arbitrator
by the company The resolution Of Coun-
eli had directed the Mayor to notify the
company Of the refusal Of Council 10 buy
theg works 1.-THE cotnpany's valuation,
and the rejection Of their proposition for
ten years extension at q reduced price,
and directed the Mayor to serve certified
copies of tho resolutions, ssand request
said company 70 appoint The first arbitra.
tor, as provided by their charter, The
following Is the Mayors letters, 7 si
ass MAYORS OFFICE, 9' IN. 81
W. (. 20 dopA tCITr OF WHEELING.
10 lie 1R1eclmg Gas Company; ''i''"
? Herewith hand you copies, dulycerti.
fed by the clerk Of thecity, Or resolutions
passed by council OF d meeting thereof,
held on the Sd Of january, 1871, and re.
quest and demand iih n the name
and on behalf Of tho city Of
Wheeling that this Company do
appoint q person To- oct Is Arbitrator to
ascertain the value Of the lots or grounds,
buildings, apparatus, works and fixtures
OF the Wheeling Gas Company, as Is pro-
Vided In the nth section 81 tiip Oct Of The
General Assembly Of Virginia, passed
March Is, 1850, 10 incorporate the Wheel.
ing Gas Company, "a ''f.e q N
Served on Jacob Honbtook, president
o. the Wheeling Gas Company, January
., 1871. 2sish 'a6
Tho following Is the response Of the
Company: y Gp} 4tiJAiIilTG 4 II