Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1889-08-21
Order for Special Election Tn
vote on 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 sunn of $50, 900.
90. which is evidenced by cer,ain
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 las been obtained 4
Judgment in the circuit court of the
y. ,. in favor Of George Willard
Tx. &c and the Court being dcsir.
Gus of either paying off tie said
debt or of getting it into bonds az :.
lower rate of interest, and the an.
nual levy necessary at this time, to
meet direct annual expenditures be-
ing, i'll the opinion of the Court. as
large as IT is cxped cnt TO make the
same. and it being deemed expcdi-
ent to reduce the interest that the
county is now paving, and the hold
cr OF the Wayne County bonds. for
$3I, $1,000. The Society For Saw
ings, Of Cleveland, Ohio, being will
ing TO accept and take the new
bonds of the County, having a lon
ger time to run at five per centum.
per annun, in place of the old bonds.
and also to take, at par, the remain
der of the said new issue, at five
per cent, and the County now hav.
ing the right to call i'm the old
bonds, and the Court being of the
opinion that IL is to the best intcres,
0tthe county that a sufficient sum
OF money be borrowed, "a. FIVE pc,
cent, TO pay Off the outstanding siS
per cent indie btcdness, and the law
requiring that before any such
bonds are issued. that all question.
connected Herewith be submitted
to the citizens of the county:
Now THEREFORE, for that pur
pose 1t is ordered, that a, vote be ia
ken at the several places Of voting II
the county, on the question: Shal
the County Of Wayne issue FIT,
Thousand Dollars 10000 oo) il
bonds Of the County. payable, a
the option Of the County, i'm on,
year from date of issue, and matur
ing al thirty four years with interes
at i've per cent.per annum, pavabl,
seni-annually at the bank of Hun
tington, in Huntington, West Vir
g'nia. Said bonds to be Of the de
nomination Of One Thousand Dol
lars each, with interest coupons.
And IL 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. upor
the county and respective Roas
Districts, IN proportion to th,
amount the County and each Di.
triet owes of the whole sum, suffi
Gent to ray the interest on the sal,
bonds, semi.annually, and at IN,
least one Of the said bonds. and aft
or the said fifteen years a like tax {,
pay the interest and at least two O
NE bonds.
And Tor the purpose Of takins
said vote, a special election is here
by ordered TO be held al each vot
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, y
many copies Of this order as ma,
be required ard to post copy O
same in bis Office and 20 deliver Il
the sheriff for posting, the copy 70
every voting precinct in the count,
and the said sheriff shall post on
copy at every such voting place in
conspicuous place at least 20 day
prior to the said 18th day Of Oeto
her. 1859. And copy Of this orde
shall be published 1T least four sue
oesssive weeks in the Wayne Ne,c
and the Ceredo ADvANcE, newsps
pers published in the county. br
publication in either Of the said ia
Rcrs shall be sufficient.
Sueh special election shall lie hel