The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-01-24
MISCELLANEOUS.
ELECTION NOTICE.
To the Qualified Voters OF the
City of Wheeling,

MlikhkAh, lhe l0unl'l Ol luN Nlty OF mnetnuB
did, on the bih day Of January, 1871, adopt an OF
say!
AZ ORbfNAHcR to provide ioE the luca and sale
Of bonds by the City Of Wheeling, and To- tho
payment aud redemption thtrcoi
Sac. I. De u Onidiati BY kAe Council gfMt Cty
n Wheeling, That for tho purpose Of providing
means for the payment Of The outstanding and un'
paid city ORDERS and the payment Of the OTefcheek
Of the Receiver Of the City VI Wheeling on the
Exchange Bank Of Wheclus, the Mayor and
Clerk Of the City, Of wheeling he and they arc
hereby authorized and dlTectcd 10 make, and on
the lSt day Of March, A. d. lT1 or rs soon there.
after II practicable, deliver TO the commissioners
hereinafter appointed the bonds Of Haid city, In
sums Of $500 each, to the amount Of One Hundred
and Twenty Thousand Dollar, payable on or be-
fore the LIST day Of March, A. b., 1907, Al the EE-
change bank Of Wheeling, la the City Of Wheel
log, with Interest at the rate u SIX per cunt per an.
mum, the Interest 10 be payable on the let day u
March and September In each year, at the said
EIthIngc Bank for which interest coupons 10
proper form shall L. attached 10 each bond, with
the signature Of the Clerk Of the city engraved
thereon; the said bonds TO be ilgned by The Mayor,
countenlgnel by the Clerk, and sealed with the
seal Of the city, The city Of Who0llng hereby
reserve the right 10 redeem iS par value any one
or more Of said bonds On o. lt any time after the
SIC. 2. Be u further 0fddiAei, That Morgan l.
Oh, Elijah ]. Stone and samuel LAuKhlin IL and
they are hereby appointed Commissioner, and
they are hereby Instructed and empowered 10 sell
aid bonds 10 the manner provided BY chapter one
hundred and forty-One Of tho act Of 1878, VI the
Legislature Of West Virgins; provided, however,
that no bond shall bcSOd al less than lis par value
In cash.
SIC 8. That tho proceeds srldug from the sale Of
aid bonds shall be paid out 10 such person or per-
sons as the Council Of Eaid city shall from time 10
tune Ord,r or direct provided, however, that no
part Of the same shall be paid cut by them for any
other purpose than In paymehl Of the outstanding
city orders and the oIeTrheSk Of the Receiver u
sid city on the Exchange Bank Of Wheeling.
SEC {. That 10 secure the punCtual payment Of
said b1nds and coupons actordIng 10 their tenor
and effect, the Receiver Of sid city SHALL on tho
10Th day Of August, 1877, and on the 18th day OF
February and 18th day OF August In each and
every year thereafter, lay 20 bRid commissioners
out Of any monies IN his hands 10 the credit Of said
city until slid bonds shall have been fully paid,)
the sum Of three thousand and six hundred dollar:
and that the said Receiver shall also on the 18th
day Of February 1851, and On The 18th day Of Feb
ruary, In each and every year thereafter
until said bonds shall have teen fully paid ont Of
any monies In bis hands " the credit Of sald city,
pay To the said Commissioners I'm addition to the
aforementioned sunni the sum OF SIX thousand dol
lars. The receipt Of said Commissioners for sad
monies shall be filed with The Clerk Of the city by
the Receiver.
SIC s. The Commissioner, out Of the moneysre-
celVcd by them from the Receiver under this ordi-
nance, shall pay the COUPONS Issued with said
bonds, as they become due. and after payment Of
the same shai, on the LIST day Of March, 1857, and
on the LIST dayOf March In every year thereafter,
apply the residue Of the moneys thea remaining
In their hands, together With any further sums
placed under their control Cor tho purpose, 10 the
redemption Of the outstanding bonds Issued under
this ordinance, at rate noS greater than their PAR
value. II said bonds cannot DO redeemed with the
consent Of the holders ut their par value for Iessl
then In 9uFi the lsnufIt In 81 all
be determined by lot by did Commissioners, who
shall thereupOn give notice 10 the holders thereof,
by advertisement published for two weeks In some
newspaper printed In tho city Of Wheeling, Of the
numbers Of the bonds 10 be redeemed, had such
bonds shall cease TO lear interest from the INST day
Of March Of the same year.
BIC. q. II shall be the duty Of the Commission
cTs TO cancel rs they are redeemed and 10 deliver
10 tee Clerk Of the city, abe bonds and coupons
paid by them, At lest once In every year or often.
or u 50 required by Council, and the Clerk -hall
preserve tic SINE in bo0klO 10 provided for that
purpose.
SIC. ]. II shall be the duty Of the Commission.
efs TO keep true account Of their receipts and
disbursements and report the same TO Council
annually and at such other times Us Council Ahal
order.
SIC. S, The Council Of sid city may Tor cause
remove any one u more OF sid Commissioners or
their successors, and the Commissioners or their
successors may resign by giving notice In writing
"
shall be filled by the Council.
sKc. 9: That no one shall act as Commissioner
under this ordinance until he shall have given
bond with security 10 bc approved BY Council In
the penalty Of tiieen thousand dollars, which
bond shall bc conditioned 10 the following effect.
The condition Of the Above Obligation Is such
that, whereas the Above bound A, u. has been dply
appointed Commissioner under an ordinance Of
the city Of Wheeling, entitled IAN ordinance 10
provide for the issue and sale Of bonds by the city
Il IN anil
thereof, and hath accepted aid appointment:
Now, therefore, II the said A. B. during his con-
tinuancn rs such Commissioner, shall ia ali things
faithfully and diligently discharge the duties Of
tuch Commissioner, and shall well and truly ac-
count for and pay orcr TO Itlch person or persons
as may be entitled 10 receive The same, ali moneys
which shall come iuto his hands or control as such
Commissioner, then shall the foregoing Obligation
be void; Otherwise TO rCnAln In full force and
virtue.
SIC. 10 II shall he the duty Of the Commission
Cr 10 enforce each aud every provision Of this or
dinance (tciatins 10 his dutles) according 10 lis
true intent and meaning, and any failure upol the
part OF any one Of the Commissioners 10 comply
with and perform any dlly prescribed by this Or
ulnancc shall be deemed forfeiture Of Ills bond.
SIC. II. That btioic the Commissioners shall
MAKE any salcoI said bonds they shall advertise IN
tne herman paper and the daily newspapers Of the
wy o. heeling tic time and place lin said dtyl
mat ihey viii receive bids for said bonds should
W. vIas cAfeeI the amount Of bonds TO be iSSuei,
the Sommssioners shall apporti0n them among
'h Sa bidding the greatest price.
SEC' IL Inc COnmls iOncrs shall receive as n
compensation Tor their services One-half Of one pgr
cent on theamount disOClrsCl by them under ibis
provided, however, that they shall moi
&c ehuued 10 any compensation for the disbursc-
SIC. IS. That the bonds and couponS IsSncd nm.
der this ordinance shall tot be subject 10 taxation
" o. o.. unGeT authority Of the City Of Wheeling