The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-01-24
ACKNOWLEDGEMENTS
ELECTION NOTICE
To the QualiAed Voters of the
Clly Of " heeling.

the CITY Of Wheeling: That for the purpose
OF providing means tor the payment of the
the payment OF the overcheck OF the Re-
ceiver OF the City OF Wheeling on the Ex-
change Bank OF Wheeling, the Mayor
AID Clerk OF the City Of Wheeling be and
they are hereby authorized and directed
70 make, and on the lst day OF March, A
D., Isl, or as soon thereafter as practIca-
BILE, deliver 10 the comm issioners herein
after appointed the bonds Of said city, in
sums OF $500 each, 70 the amount of One
Hundred and Twenty Thousand Dollars,
payable on or before the lst day of March,
A. D., l9E, al the Exchange Bauk OF
Wheeling, in the City Of Wheeling, with
interest Al the rate OF six per cent per an
mum, the interest TO be payable on the lst
day Of March and September In each year,
AT the said Exchange Bank, Tor which
interest coupons in proper form shall be
attached to each boRd, 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
Wheeling1heIeby reserves the night TO re-
deem at It's par value any one or more OF
said bonds on or al any time after the LIST
day OF March, a. D.. lss1.
SEC. 2. Be Il further ordained, That Nor
gan l. OFT, Elijah ]. Stone and samuel
Laughlin be and they are hereby ap-
pointer commissioners, and they are here
by instructed and empowered 10 sell said
bonds in the manner provided by CHAPTER
one hundred and forty one of the act OF
1878, of the Legislature OF West Virginia;
provided, however, that no bond thall be
sold at less than its par value in cash.
SIC. 3. That the proceeds arising from
the sale Of said eonds shall be paid out TO
such person or persons as the CoanciI oil
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
outstanding city orders and the oyercheck
of the Receiver OF said city on the EI-
change Bank OF Wheeling.
SIC 4. That 10 secure the punclual pay
ment of said bon 5 and CT upons accord
ing TO their tenor and effect, the Receiver
OF said city shall, on the 18th day Of
August, 1877, and on the 18th day OF febru-
airy, and 18th day If August in each and
every year thereafter, pay 10 said COM
missioners out OF any monies in isis hands
TO the CT edit OF the said city until said
bonds shall have be, July paid,
The sum of three thousand and SIX
hundred dollars; and that the SAID he
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 until
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 On addition 70 me alore,
mentioned sum- the sum OF six thou'and
dollars. The receipt OF said Commission
ers Tor said monies shall be fled with the
Clerk OF the city by TIE Receiver.
SEC. 5. The Commissioners, out OF the
monies received by them IRON the Re
clever under Ibis ordinance, lhall pay the
coupons issued with said bonds, as they
become due, and after payment OF the
same shall, on the LIST day OF March, loo',
and on the LIST day OF March in every year
thereafter, apply the residue OF the
monies then remaining in their hands.
together with any further sums placed
under their co1trol for the purpose, TO the
redemption of the outstanding bonds
ssued under this ordinance, al rate not
greater than their par value. III said bonds
cannot be redeemed with the consent OF
the holders al the par value lor less,
then in such case the bonds 10 De redeemed
shall be determined by lot by said Com
miesioners, who shall thereupon give
notice. 10 the holders thereof, by adver-
lisement published for two weeks IN some
newspaper printed in the City OF Wheel
ing, OF the mum bars OF the bonds 10 be re-
deemed and such bonds shall cease 10 bear
interest from the first day o! March OF the
same year.
SIC. G. /: shall be the duty OF the Com
missioners TO cancel as they are redeemed
and t. deliver 10 the Clerk OF the city the
bonds and coupons paid by them. al least
once in every year, or OF neT II 20 required
by Council, and the Clerk snail preserve
the same in book TO be provided Tor that
purpose.
missioners TO keep true account OF thtlT
receipts and disbuI sements, and report the
same TO Council ANNUALLY, and I" such
other times as Council shall order.
SEC. 5. The Council OF said city may Tor
cans. remove any one or more OF said
Commissioners or their successors, aud
the Commissioners or theirsuccessoTs may
resign by giving notice IN wrlhns 10 lAe
g.. ayor or Clerk OF the city. ANY vacancy
shall ~ Allied by the Council.
SIC g. That no one shall act "a Com
missioner under this ordinance uhu!
he shall have given bond with secu-
rity TO be approved by Council in the
PENALTY of fifteen thousand dollars, which
bond shall be conditioned 10 the following
effect:
The condition OF the above obligation is
such that, whereas, the above bound A. Is.
ha> been duly appointed conn lSSlohsi
under AN ordinance OF the CITY OF Wheei-
ing entitled AN ordinance TO provide Tor
the issue and sale OF bonds by the City OF
Wheeling, and for the payment and re,
demplion thereof. and hath acceptei sara
apo niment: Now, Therefore, II the sald
a h during his continuance As such Com
missioner, shall in all things ialthiuIiy
and 4. !ligently discharge the duties OF such
Commi ~Sioner, aud shall well and Truly
account for and pay over TO such person
the same, all moneys which shall come
into his hands or control a. such Cominls-
sioner, then shall the foregoing obligation
be void; otherwise 10 remain III lnII force
and virtue. c
missioners 10 enforce each and every pro-
vision OF this ordinance TREATING 10 MS
dutie>l according 10 its true intent anu
meaning, and any failure upon the part OF
any one OF The Commissioners 10 comp!
with and perform any duty prescribed by
this ordinance shall be deemed a FORFEITURE
of his bond.
SIC, II. That before the Commissioners
shall make any sale OF said bonds thsN
shall advertise in the German paper aoI
the daily newspapers OF the city of " heel
ing. the time and place lin said city that
they will receive bids Tor said bonds
should the bids exceed the amount OF
bonds 10 be issued, the COMMISSIONS =
shall apporilon them among those DId-
ding the greatest price, .u
c.iye As a compensation for their services
oue-half OF one per cent. on the amount
diSbursed By them uHder THIS OrulhAnCe'
4, divided however, that shey shslL nov "
entitled TO any compensation TOT me ais
hursement OF the proceeds of the sale Of
SEC ii, That the bonds and coupons Is
sued under this ordinance shall not TIE
subject tn taxation by or under au'noIl'!
of the City of Wheeling.
SEc. IA THIS ordinance shall take eueci
from aud amer its ratification by the qnal-
ned voters of the City OF Wheeling; al an
election TO be held on the 18th day OF
January, A. ID. 1877. .,t,
section OF an act OF the Legislature OF W est
Virginia, entitled An act authorlLing
municipal corporations 20 issue bonds
Ispproved December ID, ls7S,l that when
thc CannciI Of any city should deem IL *
p.-di.ni 10 issue any bonds OF sub city.
that an ordinance specifying the purpose
and amount IoT which such bonds are !" Re
issued. shall he adopted by such IounclL
~ shall then b. the duty OF the Mayor 70
issue a proclamation appointing the day
al which an election shall be held 10y the
qualified voters Of such city. vheihey they
will Fatty or reject such ordinance ihe~s
are. Therefore, 20 not ~ you, the qnal!nssi
voters OF the City OF Wheeling. that an
election will oe held on Thursday, the 29ih
day OF January, 1877. AZ the same places AZ
which the charter election Will o. heio on
that day, and under the superintendent
I of such persons as the Mayor may appoint.
Thr-Iec;lonixi i'll be condDci1dt ntaII thin =
according 20 the provisions OF an oTdl-
nat.cr OF said city, entitled An ordinance
! in relation 10 the election Of Mayor, Coun-
eli and other officers by the voters OF the
I Cty OF Wheeling" and under the charter
o. said city. -, =,
All persons voting for the ratification OF
| the ordinance hersin st toTth, SHAH nave