Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1889-08-28
Order for Special Election To
Vote Oh County Bonds.

WHEREAS, the County has for the
purpose of constructing roads and
bridges, in the County. under and
by virtue of the statute, in such
case made and provided, become IN.
debted TO about the sum of $50, oco
90, which is evidenced by certain
interest bearing Orders. Certificates
and Bonds, at six per cent. now
held by various creditors of the coun-
~, on Sixty-two hundred dollars of
which there has been obtained a
judgment in the circuit court of the
Y. ,. in favor Of George Willard
Ex. &c, and the Court being desir.
Gus of either paying off the said
debt or of getting it into bonds at a
lower rate of interest, and the an
nual levy necessary ut this time, to
meet direct annual expenditures be-
ing. in the opinion of the Court, as
large as II is exped,ent to make the
same, and IT being deemed expedi-
cnt to reduce the interest that the
county is now paying, and the hold
er of the Wayne County bonds, for
$3I 10000. The Society For Saw.
ings, Of Cleveland, Ohio, being will
ing TO accept and take the new
bonds of the County, having a Ion
ger time to run at five per ceutum,
per annum, in place Of the old bonds,
and also to take, ut par, the remain.
der OF the said new issue, at five
per cent, and the County now hav
ing the right to call in the old
bonds. and the Court being of the
opinion that it is to the hest interest
OF the county that sufficient sum
of money be borrowed, a. five pc,
cent, to pay off the outstanding 81,
per cent indebtedness, and the law
requiring that before any sucf
bonds are issued. that all question.
connected herewith be submitted
to the citizens Of the county:
Now THEREFORE, for that pur
pose ii is ordered, that n vote be IA
ken at the several places Of voting IL
the county, on the question: Shal
ihc County Of Wayne issue FIT,
Thousand Dollars 10000 oo) II
bonds Of the County, payable, n
the option Of the County, in one
year from date Of issue, and matur
ing at thirty -four years with interes
at i've per cent.per annum, payabl,
semi-annually at the bank Of Hun
tington, in Huntington, West Vir
GINA. Said bonds to be Of the de
nomination Of One Thousand Dol
lars each, with interest coupons.
And II is further ordered that 70
the first fifteen years after the issu
ing Of the said bonds, If the sam,
are not paid sooner, that there shall
be levied direct annual tax, upol
the county and respective Roat
Districts, IN proportion TO tn,
amount the County and each Dis
trict owes Of the whole sum, suffi
Gent 10 Fay the interest on the sal,
bonds, semi. annually, and at tn
least one Of the said bonds. and AZ,
er the said fifteen years a like tax I,
pay the interest and at least two 0
the bonds.
And for the purpose Of takin,
said vote, a special election IS here
by ordered to be held at each vo,
ing precinct in the county, on IN
18th day Of October, 1880, and IN
clerk Of this court is directed I
cause to be written, or printed, a
many copies Of this order rs ma
be required ard to post a copy 4
same in his Office and to deliver {
the sheriff for posting, the copy fc
every voting precinct in the count,
and the said sheriff shall post on
copy at every such voting place in
conspicuous place at least 70 ia,
prior to the said Sth day Of Oct,
Der, 1889. And a copy Of this ord,
shall be published at least four su
oessive weeks IN the Wayne Ne,
and the Ceredo ADvANcE. newsp
Pers published in the county, b
publication in either OF the said u
pers shall he sufficient.
Such special election shall he he