The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-01-15
NEWApvERrisEMENTs
ELECTION NOTICE
To the Qualified Voters Of the
Cily Of n heeling.

ngureS rs follows, that Is TO lay:
sale of bonds by the City of Wheeling
AID for the payment and redemption
thereof:
SEC. /. Be Il Ordained BY the Counell o
the Guy OF Wheeling: That for the purpos,
OF providing means tor the payment OF tht
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 CT Wheeling, the Mayor
AID Z. ERIK OF the City of Wheeling be I'd
they are hereby authorized and directed
TO maze, and on the LIST day Of March, A
D., ls1I, or as soon thereafter as practlca-
BILE, deliver To the commissioners herein
after appointed the bonds OF said city, IN
sums OF 500 each, To the amount OF One
Hundred and Twenty Thousand Dollars,
payable on or before the lst day OF March
A. D, 1870, at the Exchange Bank Of
Wheeling, in the City Of Wheeling, with
interest AZ the rate OF six per cent per an
mum, the Interest to be payable on the Isl
day of March ana September in each year
al the said Exchange Bank, Tor which
interest coupons in proper form shall oe
attached 10 each bond, with the signature
OF the Clerk OF the city engraved thereon
the said bonds 10 be signed by the Mayo
countersigned by the Clerk, and sealed
with the seal OF the city. The City cl
Wheellndhereby reserves the right TO re-
deem at us par value any one or more OF
sAlu OOQCs on Ut al AL time dlIcI TIC Ist
day OF March, 4. D.. lSS1.
SEC. ?. Be Il further ordained, That Nor.
gan L. OFT, Elijah J. stone and samuel
Laughlin be and they are hereby APP
Pointed Com missioners,au I'D they are here
by instructed and empowered ID sell said
bonds in the manner provided by chapter
one hundred and forty one OF the act OF
lS.2-3, Of the Legislature OF " est Virginia;
provided, however, that 10 bond hall be
sold at less than its par value IN cash:
SEC. 3 That the proceeds arising from
the sale of said rouds sh all be paid out 10
such person or persons as the Council OF
said city shall from time 10 lime order or
direct; privided, however, that no part OF
the same shall be paid out by them for an y
other purpose than in payment OF the
outstanding city orders and the overcheck
OF the Receiver OF said city on the EI-
change Bank OF Wheeling.
SIC /. That TO secure the puncIual pay
ment Of said bon 5 and CO upons accord
ing to their tenor and effect, the Receiver
OF said city snail, on the 10Th day o.
August, lsV, and on the 18th day or eoru.
airy, and 18th day ~ August in each and
every year thereafter, pay to said COM
mIssioners out OF any monies IN his hands
10 the edit OF the said elty until said
bonds shall have De- iuI!y paid,
the sum OF three thousand and SIX
hundred dollars; and that the said Re
clever sh ali also, on the 18th day OF Feoru-
Ss,
in each and every year thereafter until
said bonds shall have been fully PAID
out OF am monies in his hands 20
the credit OF said city, pay 20 the said
Commissioners IN addition TO the aiore-
mentioned sum- the sum OF six thou, and
dollars. The receipt OF said Commission
ers for said monies shall De HE'D with the
Clerk OF the city by the Receiver.
SEC. ). The Commit -ioneTs, out OF the
monies received by them from the he
clever under his ordinance, ihall pay the
cou poas issued with said bonds, as the
become due, and after pay nsnt OF tne
same shall, on the LIST day OF March, loS,,
and on the list day OF March in every year
thereafter, apply the Residue OF the
monies then remaining In tEelr hands,
together with any further sums placed
under their CO % troll fIr the purpose, to the
REDEMPTION OF the outstanding bonds
ssued under this ordinance, al rate not
greater than their paryslu lfsaid ponds
cannot be redeemed with the consent oil
the holders at Their par value (or less
then in such case the bonds 10 De redeemed
shall be determined by lot by said Com
miesiOner>, who shaI theFeupoh give
notice to the hold. - thereof, by adver-
tisernent published for two weeks in some
Newspaper printed in the City OF Wheel
ing. OF the mum bers OF the bonds 10 be re-
deemed and suca bonds snail cease TO tear
interest from the first day OF March OF the
same year.
mis-. toners To cancel a. they are redeem ed,
and u deliver 10 the Clerk Of the city the
bonds and coupons pait by them. AT least
once in every year, or OF ner II so required
BY Council, and the Clerk shat! preserve
the same IN 4 box 10 be provided Tor that
purpose. ,,,..
SEC, :. II shall be the duty OF the Com
mlSstouers To keep "A true account o! u elr
receipt, aud disbu. ssment>, and report I'M
same 10 Council annually, and at such
Other times as Council shall order.
SIC. :. The council OF SAID city may LOT
cause remove any one or more OF said
r their SUCCESSORS, aud
the commissioners or thetrsucce>sorsm may
resign by giving nOtIc- in writing TO the
,,ayOr or Clerk OF the city. ANY vacancy
shall be fllrd by the Council.
SIC . That no ore shall act as Com
missioner under this ordinance until
he shall have given bond with ssou-
rify TO ba approved by Council In ths
M. naIty OF fifteen thousand dollars. which
bond shall b. conditioned 10 the following
effect: ,,,., l.
such that. whereas, the above Dound A. %.
ma. been duly appoint ted CommiSsi oner
undar An ordinance OF the City OF W heet-
ing entitled An ordinance 10 sroElie lol
the issue AID sale OF bonds By the Clty OF
Whe' ling, aud for the payment ana re-
al nDttOu thereof. anu AlaSAA 49, -
appo urment: Now, Therefore, II the SAID
4 h during his continuance a. such ton-
missioner. shall in all things faithfu!Ly
and d gently disc harge tue duties OF such
t'omn. >siOner, aud shall well ana truIy
accouu, Tor and pay over TO such person
or ps.>rns as may be- emitted 20 Te.eiHe
The sarue. all moneys which shall come
into his hands or control a, such Commls-
sinner. :len shall the foregoing obligation
be-. void: otherwise 10 remain in iuL force
and virtue.
SIC. n. IL shall be the duty OF the Com
misSioners 10 enforce each and every pro-
yiston of this ordinance relating To MS
du.iesl according To It's true intent and
meaning. and any fulure upon the part 81
any one of The Commissioners 10 comply
with and perform any duty prescribed oy
this ord nance shall be deemed forfeiture
OF his bond
shall make any sale OF said bonds the
shall advertise IN the German paper ana
the daily newspapers OF the Clty OF W heel-
ing. the time and place in said ety. that
thew will receive bids Tor said oonds;
should the bids exceed the amount OF
bonds TO be issued, the commissioner
shall apportlon them among those oiu'
ding the greatest price.
SIC ~. The commissioners shall re-
caiya as a conversation for their s~rNlces
oue-half OF one per cent. on tue amour.
ti -burSed by them uHurT tNis otI4uaH'
n divided however, that shey shall not he
untitled 20 any compensation for the dis
bur-ement OF the proceeds OF the sale oi
the bonds
SIC. IL That the bonds and coupons -
Sr.d under this ordinance shall not O~
% hiecf tn taxation by or under authority
OF the City OF Wheeling.
SIC a. This ordinance snail take euee'
rom aud amer its ratification oy tue qnAii'
nd V terS OF the City % wheeling. AT an
election To BE- held o1 the -'tn day ol
January, A. u. ~.
ind srk<redS. II = provided by the third
section OF an act Of the Legislature OF " es'
Virginia, entitled An act authoriZi ng
municipal e operations 20 issue oonds
approved December ID, 1913, that Hh.i
IN, Coupcii OF any city should deem u > K
r,.-Iiant 10 issue any bonds OF 81 y citI
tba' an ordinance specifying the purpose
and amount or which such bonds are N g
ISSUED. shall b. adopted by such Councii
Z shall then D. the duty Of the Nay or u
Issue a proclamation appointing the day
A. which an II. Cf;On shall b" held by th'
oaalifed voters OF such city. ~ nethey tbey
will rarify or reject s1ch ordinance. LheSs
are. Therefore, - not ~ you. the quA!ined
voters of the City OF wheeling thai az
election viii tr= held on THURSDAY the Zoii
day OF January, Isl. at the same placSs q
which The ch .rrsr election viii be held or
that day. and under the soPerint-ndene'
OF such persons a. the Mayor may appoint
The -Iect onIG III - conductedf mall thing