Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1889-08-14
Order for Special Election [,
Vote OH County Bonds.

w HEREAs, the County has for the
purpose of constructing roads and
bridges, in the County. under and
by virtue Of the statute, i'm such
case made and provided, become IN
debted to about the sum of $50, ooo.
90, which is evidenced by cerlain
interest he iring 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 a
Judgment in the circuit court of the
y. ). in favor of George Willard
Eek. &c, and the Court being desir-
ons of either paying off tie said
debt or of getting it into bonds at "A
lower rate Of interest, and the an
nual levy necessary at this time, to
meet direct annual expenditures be-
ing. in the opinion of the Court, as
large as it is exped,cnt TO make the
same, and it being deemed expedi-
cnt TO reduce the interest that the
county is now paying, and the hold
or of The Wayne County bonds, for
$3I 10000. The Society For Say.
ings, of Cleveland, Ohio, being will
ing to accept and take the new
bonds of the County, having a lon
ger time to run ut five per ceutum,
per annum, in place fthe 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 in the old
bonds, and the Court being Of the
opinion that it is to the hest interest
ofthe county that sufficient sum
of money be borrowed, a. five per
cent, to pay off the outstanding six
per cent Indebtedness, and the law
requiring that before any such
bonds are issued, that all questions
connected herewith be submitted
10 the citizens Of the county:
Now THEREFORE,, for that pur.
pose it is ordered, that a vote be Ia
ken at the several places of voting in
the county, on the question: Shall
the County of Wayne issue Fifty
Thousand Dollars 10000 oo) in
bonds OF the County, payable, at
the option Of the County, in one
year from date OF issue, and matur.
ing at thirty -four years with interest
at i've per eentper annum, payable
,emi-annually at the bank Of Hun.
tington, in Huntington, West Vir.
ginia. Said bonds TO be Of the de.
nomination Of One THOUSAND Dol.
lars each, with interest coupons.
And il is further ordered that for
the first fifteen years after the issu.
ing of the said bonds, If the same
arc not paid sooner, that there shall
be levied direct annual tax, upon
the county and respective Road
Districts, in proportion to the
amount the County and each Dis.
trict owes Of the whole sum, sufli.
Gent to Pay the interest on the said
bonds, semi-annually, and at the
least one Of the said bonds. and aft.
or the said fifteen years like tax Ia
pay the interest and at least two oil
the bonds.
And for the purpose OF taking
said vote, special election is here
by ordered to be held ut each vot
ing precinct in the county. on the
18th day Of October, 1880, and Oh,
clerk Of this court is directed q
cause to be written, or printed. Al
many copies Of this order as ma,
be required and to post copy o
same IN his office and TO deliver I,
the sheriff for posting, the copy 70
every voting precinct in the county
and the said sheriff shall post on,
copy at every such voting place in
conspicuous place at least 40 day
prior to the said 18th day Of Octo
Der, 1880. And copy Of this orde
shall be published 1T least four sue
cessive weeks IT. the Wayne Mem
and the Ceredo ADvANcR, newsps
pers published in the county, bt
publication in either Of the said ps
pers shall be sufficient.
Such special election shall be hcl