The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-01-11

AHkA W AAa WI 49, ~ HAN aNAA WV AuINN
the Nid bonds shall be fully redeemed and All,
isled bO sufficient 10 pay annually the interest
on such pl said bonds ps shall BIZ pnndCcled,
and In addition thereto 70 redeem IN each year
thereafter this O~ne-tWCnty'ltth Of the bOnds d,
sued hereunder aud not paid before the lFstday
OF February, 1852, The laid lAxek shall be col.
lected In such manner - Is OF may By provided
BY law and the ordinances o. the city Tor the col
lection Of other taxes 90 real estale u personal
the treasury at the SAINT time and In The same
manner a. he Is now required by law 10 pay over
taxes collected i0f said city for general purpose
the totalAnount q the taxes levied and assessed
nance which shall have been collected BY him.
Tho said taxcA hhnll b. by the collector while In
his possession, and by the city depository, Into
which tho SamO u paid, kept and accounted Tor,
separate from 1 Al GlheT money, o. Iae City.
or before tho 18th day Of February, a., Il. leo,
and on or before tho 18th day Of February In
each and every year thereafter until the bonds
ISSUED hereunder are fully paid, nay 70 the Mid
Commissioners all money! which shall have
heretofore been paid Into tho treasury on 90,
count OF tho direct tax levied IN pursuance Of
the requirements Of this Ordinances, While Aall
funds femAin In the treasury II shall be the duty
deposited In some bank or banks IN the city Of
Wheeling, ". the bcst nate q interest they can
obtain, which interest shall hG accounted Tor
and paid over into the treasury upon making
payment TO- The Commissioner, OF the principal
81 the funds derived from said taxes, The te,
celPts Of said COMMISSIONER Tor tho AId mon.
eyS shall bo flcd by the Receiver with the CLERK
Of the city and shall be preserved by him,
sRcTlOSG q, Tho said Commissioners out OF the
moneys received BY them under thls Ordinance,
shall ray tho coupons issued with Mld bonds
issued under this Ordinance as they become due,
On tho Inst day VI February, A. u. 1870, mud on
the tirgt day VI February In each year thereafter
until the bonds issued hereunder are fully paid,
they shall pay the interest coupons coming
due; aud on the ant day Of February, A, u.
1890, aud on the INT day Of February In each
year thereafter until the bonds issued hereunder
lrp fully paid, they shall apply the money CON,
Ing into theiT hands for the purpose, TO the pay
mept Of the outstanding bonds issued hCrrun.
der NJ u rate not greater than their par value,
with Interest, II any, accrued and unpaid, The
bonds 70 pe redeemed shall 10 deletDllcd by
lot by tho Commissioners annually between the
iint and the twelfth days OF January In the year
lRRuaty IN each year thereafter, until the bonds
issued hereunder Arc fully paid, and lRid Com.
mIslOners shall t%hcTeNpOn. Immediately give
notice to the, holders thereof, by advertisement
published daily, sunday excepted, for two
weeks, In tho daily newspapers printed Ia the
city OF Wheeling, stating the number Of bonds
TO DO redeemed and that the sHme will 10 10
deemed At said Dollar Sayings hank on and
aitsL re- ifrss GSX, Of February next
teFest from said day; and said bonds shall cease
% bear Interest from tho irAt day Of the next
month after the completion Of such publication.
II Is provided, however, that u tho hOldcrsOi all
OF the bonds 80 drawn by lot shall 10 known to
the said Commissioners, the said Commissioner
may give actual notice In writing 10 such holders
within ten days alter such drawing. Which no.
tiee shall DO the Anme as that herein otherwise
required tobe published, and such aetnal notice
shall have the same effect as II II had been pub.
llShed In the manner heTelnbefOrC set forth, It
shall be stated on tho face Of each OF said bonds
that Il shall be liable to redemption at ita par
value with Interest, II any, accrued and unpaid,
A, D, 1870, The City OF Wheeling hereby pledges
and ObllgAtes Itself 70 ray each year after the
year l6DS, aud until said bonds arc fully paid.
the onG.tWCnty'l NTH Of all OtNid bonds not paid
before the trSt day q February, lSg.
mlEslOners to canSel ~ they arc redeemed the
bonds aud coupons paid by them, and they shall
on or before the niteenth day Of March In every
year, and ottener II required by Council, deliver
10 the Clerk OF the City all redeemed aud can.
cellel bonds and coupons IN their hands, and
tho Clerk shall preserve the same IN book TO bc
provided for that purpose,
SECTION 3, II shall be tho duty Of tho Commits
sionerS TO keep u true account OF their receipts
and disbursements aud report the same to Cnln'
ell annually In every month Of March aud atEuCh
other time aH the Council shall order.
SECTION Q. Tho Council Of said city may for
cause remove any one or more OF the Commits
sioneIs; ~ thsiI susSSssoIs anu ~ ~ iSslGn'
~ ~ tnv!s Iu va ~ T. NJ lhSI LVsIsn " E lViHg
city, Any vacancies shall DO filled by the Coun.
cliff Joint session.
.sgCfIoS 10. No person shall act Us a Commits
hdVneI uunvL WI y , ~ na y nmt! nI.vI hG T.
ran ns snTg W IN ySan nO Wit 10 S ~ tnn n Pppp v 40 " tse
which bond shall 10 payable TO tho City Of
W!heOllnE. and shall DO conditioned to the fol-
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