Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1876-01-22
NEW ADVER TLSEMENT rs.
Election Notice /:

Vi EttESDuIHy HClo UduudTy tUtus 1910,
it was ordered that n election be held at
the Courthouse in said District on
Wednesday, Jan. 26tl, 1875
for the purpose Of submitting to the quail
fled voters of said District the ratification
or rejection of an Act of the Legislature OF
West Virginia, passed Dec. 2lst, 1875, to
amend and re-enact section ii of an Act
passed December Goth, 1873, entitled 'sAn
act relating to the School District Of Mar
t.nsburg, West Virginia " The amend
ment to be voted on is as follows:
Be 1t enacted IN the Legislature of
West Virginia
That section eleven of an act approved
February 18th, 1875, entitled IAN ACT
TO amend and reenact section eleven OF an
act passed on the 26th of December, 1873,
entitled an act relating to the School Dis
trict of Martinsburg, West Virginia. ne
amended and re-enacted so as to read as
follows:
''SEC. IL. 1t shall be the duty of the
Board of Education, annually 10 the month
of July, to determine as nearly as practi-
cable the amount OF money necessary, in
addition to all other available funds, to
continue the schools of the District for IA
period of not less than nine months, and
for all other purposes relating to the
schools of the District, such az repairing
and improvement of school premises, the
purchase of sites and the building ofschool
houses, the payment of debts previously
contracted, which may fall due within the
year. And the said board shall cause the
amount to be assessed on all the taxable
property of the District, subject TO State
sn6 GNnnt,%v To ppnytnrn Tbat
more than five mills on the dollar yalua.
ton of said taxable property, shall be as
sessed in any one year for the purpose of
continuing tie schools for said period OF
not less than nine NO.. tils, nd for ordina-
ry repairs and incidental expenses, and
not more than four mills on the dollar val
uation for the purchase ofsites, the build
ing Of houses and permanent improve
lnents The amount collected under the
assessment last named shall be known as
the building fund. The assessment made
under the provision Of this section shall be
levied by the Board of Education, and col
lected by the same officer as the County
lcvies are collected. The amounts thus
collected shall seveTally be certified by the
collecting officer to the Clerk of the Board
of Education, and shall DO paid GU. only
upon drafts signed by the President and
eountersigned by the Clerk and issued by
order Of the Board of Education but the
Board shall not during any one yea, in
cur any expenses for school purposes
which shall exceed the amount of the
available funds received for such purposes
during that year. The Board shall have
authority TO borrow moLey for building
purposes and the purchaee of sites for
school buildings, and to that end may ex-
ecute bonds or other evidences of debt, to
be secured by lien upon such sites. and
the buildings thereon erected, which have
been or may lie purchased under the au-
thority of this act
PROVIDED That such bonds. or other
evidences Of debt shall be signed by the
President of the Board and coun tersigned
by he Clerk and shall show on their face
the particular ground and buildings which
shall be pledged for their payment.
AND PROVIDED further, That the inter-
est to be paid thereon shall not exceed the
cate of eight per centum per annum, to be
paid semi-annuallv; and it is also further
provided, that such bonds shall become
tne and payable within q period not ex-
ceeding Twenty Years, and that so much
OF the building fund to be annually OBJ
tanned from the assessment for the pur-
chase Of sites and the erection of perma-
nent Improvements as shall be necessary
to pay the interest on all such bonds. and
establish sinking fund for their payment
at maturity, shall be annually set apart
sor that purpose, whenever loan shall be
negotiated and bonds be issued therefor
and il shall be the duty of the clerk of the
Board to keep proper register of all such
bonds or evidence. Of debt. issued by the
Board, showing the interest paid thereon
semi-annually, and the amounts passed to
the credit of the sinking fund to be provi-
ded for their payment as herein required.
All mortgages or deeds of trust which NAV
be executed under the authority of this
act shall be admitted to record. and have
full force and effect according to the tenor
and effect thereof, when signed by The
Preside I oil the Board and countersigned
by the Clerk and acknowledged for record
by both of those officers; Provided, That
all such mortgages or deeds OF trust shall
distinctly set forth the order OF the Board
directing their execution.
II shall be the duty o the Board of Ed.
'aeation OF the District of Martinsburg,
within thirty days from the passage Of
this act, of which not less than one week
notice shall be given in the newspapers of
the District, to order an election to be held
at the Courthouse in the District, at
which time this act as amended shall be
submitted TO the qualified voters of the
District for ratification. Those voting for
it shall vote ballot written or printed
thereon the words For Amendment"
and those opposed, voting ballot with
the words thereon Against Amendment"
If the result of said election show that
3-5ths of the votes cast are in favor of this
act, then this act shall be declared ratified
and be in full force from that date. The
Board Of Education of the District shall
appoint competentinspectors and clerks to
conduct said election, according to law,