The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-01-18
NEwAovERTtsEMEhTs
NOTICE
To the Qualified Voters Of the
CltV Of q healing.

To the Qualified Voters Of the
City Of wheeling.
wHERKAs, The Council OF the City OF
Wheeling did, on the 5th day Of January,
lsT, adopt an ordinance In words and
figures as follows, that IL 70 say:
An ORDNANCE TO provide for the issue and
sale Of bonds by the City Of Wheeling,
aud for the payment and redemption
thereof:
SEC. i. Be Il Ordained by the Counal Of
the Guy or Wheeling: That for the purpose
OF providing means tor the payment OF the
outstanding and unpaid city orders, and
the pay OF the oyercheck OF the Re
change Bank OF Wheeling, the Mayor
AID C.erk OF the City Of Wheeling be and
they are hereby authorized and directed
TO make, and on the LIST day Of March, A
j., ls77, or as soon thereafter as practlca-
BILE, deliver TO the commissioners herein
after appointed the bonds of said city, in
sums OF sou each, 10 the amount Of One
Hundred and Twenty Thousand Dollars,
payable on or before the st day Of March,
A. D., lSG, AT the Exchange Bank OF
Wheeling, in the City of Wheeling, with
interest At the rate OF six per cent Per an
mum, the interest 70 be payable on the LIST
day Of March ana September in each year,
al the said Exchange Bank, tor which
interest coupons in proper form shall De
attached 10 each bond, with the signature
OF the Clerk OF the city engraved thereon;
the said bonds 70 be signed by the Mayor,
countersigned by the Clerk, and sealed
with the seal OF the city. The City CT
Wheellr 9heIeby reserves the right 70 re-
deem AT It's par value any one or more OF
said bonds on or At any time after the lst
day OF March, A. D.. lsS..
SEC. 2 Be u further ordained, That Nor.
gan l. OFT, Elijah J. stone and samuel
Laughlin be and they are hereby APP
pointed Commissioners nd they are here
by instructed and empowered 10 sell said
bonds In the manner provided by chapter
lsT2-S, OF the Legislature OF West Virginia;
provided, however, that no bond thall be
sold al less than its par value in cash:
SEC. g. That the proceeds arising nom
the sale OF said bonds shall be paid out TO
such person or persons as the Council OF
said city shall rom time 10 time order or
direct; privided, however, that no part OF
the same shall be paid out by them for any
other purpose than in payment OF the
city orders and the overcheck
OF the Receiver OF said city on the EI-
change Bank OF Wheeling.
SIC 4. That 10 secure the punctuai pay
ment Of said bonss and coupons accord
ing to their tenor ana effect, the Receiver
OF said city shall, on the 18th day OF
lS0, and on the 18TH day or eoru-
AIRY, and 18th day Of August in each and
every year thereafter, pay to said COM
out OF any monies in his hands
10 the credit Of the said city until said
bonds shall have be- iulIy paid
the sum OF three thousand ana SIX
hundred dollars; and that the said Re
clever sh all also, on the 18th day Of Febru-
airy, lss7, and on the 18th day OF February
IN each and every year thereafter unit!
said bonds shall have been fully paid
out OF any monies IN his hands 10
the credit OF said city, pay 10 the SAID
Commissioners in addition 10 the afore.
sh..s M n e "A
dollars. The receipt OF said Commission
ers for said monies shall be MED with the
Clerk OF the city by the Receiver.
SEC. ). The Commissioners. out or the
monies received by them from the Re
clever under this ordinance, ihsll pay the
oou pops issued with said bonds, as they
become due, and after payment OF the
same shall, on the lst day OF March, loS',
and on the lst day OF March in every year
apply the residue OF the
monies then remaining in their hands,
together with any further sums placed
under their cor troll for the purpose, 10 the
OF the outstanding bonds
ssu.d under this ordinance, al rate not
greater than their par value II SAID oonds
cannot be redeemed with the consent OF
the holders at the par value tor less
sucn case the bonds 10 be redeemed
shall be determined by lot oy said Com
mies,oners, who shall thereupon give
notice to the holders thereof, by sdyer-
tisement published for two weeks IN some
newspaper printed in the City o! Wheel
deemed, and such bonds shall cease 10 bear
Interest from the first day OF March OF the
same year. -
a iSsioners TO cancel a. they are redeem cd,
ae,t 10 deliver 10 the Clerk OF the city the
boads and pons paid by them, al least
once in every year. or OF ner II so requ lred
nv Camel, and the Clerk shall preserve
: n e SAME IN bD)k 10 be provided Tor that
purpose
missioner, to keep true account OF their
rac.ints and disbul sements, and report the
same 10 Council annually, ana al sucn
orh.T times A. Council shall order.
SO. :. Tue Council! OF said city may Tor
cause remove any one or more OF said
CT thelr succes>ors, sua
the COnmissieneTs or theirsuccessors may
resign by giving notice in writing 10 the
,syor or Clerk OF the city. Any vacancy
shall b- filled by the Council
SEC. 9. That no one shat! act as com,
missioner under This ordinance until
M .bsJI hzye given bond with secu-
Titv 10 be approved by Counci! IN the
,ans!ty of fifteen thousand dollars, which
bond shall be conditioned 10 the following
effect: -,,,-,.,o -
sucn thai, whereas, the above bound A. d.
naS hen duly appointed a Commissioner
under an ordinance OF the CITY OF Meet
tny entitled An ordinance 70 provide lot
; ne issue aud sale Of bonds oy the CITY OF
wheeling. and for the payment and re.
d-mpiIOu thereof, ana hatn accr 81 So So
snn6Iu,ment: Now, Therefore, II the sale
a IL turing his contin uance s. such COM
frissir4ar. Shall in all things faithfuIly
and diligently discharge the duties oil such
comm. >>!oner, aud shall We'll ana IIuIy
account for and pay over 10 sueh person
or persons As may be enIllled 20 II oe =, {
The same, all moneys which shA! come
into bi> hands or cOutrOl as such Cotnfnis-
sinner. :aen shall the foregoing Obligation
b. void: otherwise 10 remain IN Jul force
and virtue. ,.o Cow
nts.ioners 10 enforce each and every pro-
SON OF this ordinance relating 10 MS
dutiesl according to It's true intent ana
meaning, and any failure upon the parI OF
any one OF The Commissioners 70 comply
with and perform any duty pre>crlDt- oy
This ordinance shall! be deemed forfeiture
OF his bond y,-,.-.
Sc II, That before the Commissioners
shall make any sale OF said bonds the!
shall advertise in the German paper auu
III. daily newspapers OF the Clty OF " neei
ing. the time and place in said city thsi
;bey Will receive bids for said oonds
should the bids exceed the amount OF
bonds To be issued, the commissioners
mall apportlon hem among those DID,
ding the greatest pric-.
SIC -. The Commissioners sHALI =
60 as a CONDENSATION for their services
o.s-hali OF one per cent on the amount
disours.i by them uEder this ordinance
..a,iJat however, that shey shall not De
.sntltIAd 70 any compensation loI the ol -,
hnrsement OF the proceeds Of the sale oil
the bonds ,4 .z,,o,s O..
- urdar this ordinance shall not oS
s,5Sj..ct 70 'axaiion by or under authority
OF the city OF Wheeling. ,..,
SEC. u This ord nance >hati AZ \,
,,nm and amer its Tztificatinn by the qhal-
as,i ynisrs OF the City of Wheeling; al az
t'Is.,inn 70 b. held o. the 18th day OF
January, A. u. ~. ,..ht-,
s...-Inn Of an act OF the Legislature OF Nts'
Virginia, entitled An act snth9,lIi ht
municipal corporations 10 issue oohds
isnnroT,-t December ID. ls.5-. that vhrh
,,SSSDt,;OnnriI % any city should deem 10 eI'
- 10 issue any binds Of sub ciir
,hsf an ordinance specifying the purpH>-
- .. rss.E HaN~n = z p =