The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-01-22
ACKNOWLEDGEMENTS
ELECTION NOTICE
To the Qualified Voters of the
City of ~ heeliug.

the Guy OF Wheettn0: Inat lOr the purpose
OF providing means for the payment OF the
outstanding and unpaid city orders, and
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
to make, and on the LIST day Of March, A.
H., 1877, or as soon thereafter as practical
BILE, deliver to the commissioners nerel D.
after appointed The bonds of said city, in
sums OF $500 each, 10 the amount OF One
Hundred and Twenty Thousand Dollars,
payable on or before the LIST day OF March /,
A. D., 1877, 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 to be payable on the LIST
day of March and Septemb Der in each year,
at the said Exchange Bank, for which
interest coupons in proper form shall be
attached to each bond, with the signature
OF the Clerk OF the city engraved thereon !;
the said bonds TO be signed by the Mayor,
countersigned by the Clerk, and sealed
with the seal OF the city. The City OF
WheelinEhereby reserves the right 10 re-
deem at us par value any one or more oil
said bonds on or at any time after the lst
day OF March, A. D.. 1887.
SEC. 2. Be IL further ordained, That NJ or
gan L. OFT, Elijah J. Stone and samuel
Laughlin be and they are hereby ap.
pointed commissioners, md they are here
by instructed and empowered To sell said
bonds in the manner provided by chapter
one hundred and forty one OF the act OF
1928. of the Legislature OF West Virginia;
provided, however, that no bond shall be
sold at less than its par value in cash.
SEC. 3. That the proceeds arising from
the sale of said bonds shall be paid out 10
such person or persons as the council Oh
said city shall from time to time order or
direct: privided, however, that ~ part OF
the same shall be paid out by them for any
other purpose than in payment OF the
outstanding city orders and the overcheck
OF the Receiver of said city on the Ex-
change Bank OF Wheeling.
SIC 4. That to secure the punctual pay
ment of said bonos and CO upons accord
ing TO their tenor and effect, the Receiver
OF said city shall, OH the 18th day OF
August, 1877, and on the 18th day OF febru.
airy, and 18TH day sf August In each ana
every year thereafter, pay 10 said COM
missioners out OF any monies in his hands
TO the credit Of the said city until said
bonds shall have been fully paid
the sum OF three thousand and SIX
hundred dollars; and that the said Re-
clever shall also, on the 18th day OF FeDru'
airy, 1857, 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 ill his hands 10
the credit of said city, pay to the said
Commissioners Qn addition to the afore.
mentioned sum- the sum OF SIX thousand
ers for said monies shall be HE'D with the
Clerk OF the city by the Receiver.
SEC. 5. The Commissioners, out OF the
monies received by them from the Re
clever under lhis ordinance, ihall pay the
coupons issued with said bonds, as they
become due, and after payment OF the
same shall, on the LIST day OF March, 1897,
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 control for the purpose, 10 the
redemntion of the outstanding bonds
ssued under this ordinance, at rate not
greater than their par value. II said bonds
cannot he redeemed with the consent OF
the holders at Their par value Tor less,l
tbenin such case the bonds TO be redeemed
shall be determined by lot by said COM
miesiOncrS, who shall thereupOn give
notice to the holders thereof, by adver.
tisement published for two weeks IN some
newspaper printed In the city OF Wheel-
ing, OF the numbers OF the bonds 10 De re-
deemed, and such bonds shall cease TO bear
interest from the first day of March OF the
same year.
SEC. q. |; shall be the duty Of the Com
mis>ionerS to cane as they are redeemed,
and u deliver 10 the Clerk OF the city the
bonds and coupons paid by them, al least
once in every year, or of ner so required
BY Council, and the Clerk shall preserve
the same in n book to be provided Tor that
purpose. g..
missioncrs to k. ep true account OF their
receipts and disbuI sementS, and report the
same TO Council annually, and AT sucn
other times rs Council shall order.
SEC, 3, The Council OF said city may lot
cause remove any one or more Oh salu
Commissioners or their SUCCESSORS, ana
the commissioners or thelrsuccessorsm may
resign by giving notice in writing To the
nayor or Clerk of the city. ANY vacancy
shall be filled by the Council.
SEC g. That no one shall act as Com
missioner under this ordinance until
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 TO the following
effect:
The condition OF the above obligation is
such that, whereas, the above bound a. D.
has been duly appointed commissioner
under an ordinance of the city OF W meet
ing, entitled AN ordipance To provide Tor
the issue and sale of bonds by the Clty OF
Whc, ling, and for the payment ana re,
d,mp,iOn thereof, and hath accepted said
appo,utment: Now, therefore, II the said
4. Is during his continuance rs such COM
missioner, shall in all things faithfully
and a diligently discharge the duties OF sucn
Commi ssioner, aud shall well ana truly
account for and pay over 10 such person
or nelson's as may be entitled to receive
the same, all moneys which shall come
into his hands or control aS such Iotlinls-
sioner, then shall the foregoing obligation
be void; otherwise 10 remain In iull iorce
and virtue. -.
mjsSiourrS TO enforce each and every pro-
vision OF this ordinance lrelating 10 MS
dutieS) according To It's true intent ana
meaning, and any failure upon the part OF
any one of The Commissioners 10 comply
with and perform any duty presSr I.ss, oy
T.. Ina oh n III h,4 deemed forfeiture
SIC II. That before the Commissioners
shall make any sale OF said Donds thty
shall advertise in the German paper anu
the daily newspapers oil the CltS Oh w neei,
ing, the time and place lin said city that
they will receive bids for said bonds:
should the bids exceed the amount oil
bonds to be issued, the commissioners
shall apportlon them among those DID,
ding the greatest price; .,u -.
SEC. u. The Commissioners snail re-
ceiye rs "A COMPENSATION for their services
one-halt OF one per cent. on the amount
disbursed by them under TINS ordinance
provided however, that shey snail not pt
entitled To any compensation Tor the aus
bursement OF the proceeds OF the sale OF
the bonds.
SEC. IL. That the bonds and coupons Is
Surd under this ordinance snail not ID"
subject 10 taxation by or under authority
of the city of Wheeling.
SIC. IL. Inls Nbfiii
from aud after its ratification by the qnaIl-
ned voters OF ehe City OF wheeling; al an
election to be- held on the 18th day oil
January, \. ID. 1877. ..,-,
And ,CheredS. Ii Is provided by the Inlfu
section OF an act OF the Legislature oil " est
Virginia, entitled IAN act authorizing
municipal corporations 10 issue bonds
Iapproyrd December ID, lSI3,' that when
The Council OF any city should deem II eN-
Incident 10 issue any bonds of sun city
that an ordinance specifying the purpOs"
and amount TOR which such bonds are IN ~
issued shall he adopted by such council
II shall then be the duty of the Mayor u
issue a proclamation appointing the day
AZ which an election shall be held by the
qualified voters Of such city. whethey tney
will ratify or reject such ordinance. Ihest
are, therefore, 10 not ~ you. the quaIlned
voters OF the city of Wheeling, that an
election will De held on Thursday, the 18th
DAY of January, 1877. AT the same places a.
which the Oh ,rter election Will De held OF
that day. and under the superintendent
! of such persons a. the Mayor may appoint
| The Iect. onlW Ill BE- conductedp mall thing
/ according TO the provisions OF an ofdl
/ nance OF said city. entitled AN ordinance
| in relation TO the election OF Mayor Iouh
/ ell and other officers by the voters oil tht
/ City OF Wheeling" and under the char'e'
/ OF said city. ,.., -
All persons voting for the ratification 0