Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-06-25
PROCLAMATION!

REHABILITATION!
7 C.. W. STARLIGHT. NAyop ~, No.
4. c!ty OF Wheeiinr do TX OF TIE
anti WIN the PROVISIONS OF an ne, ~ >. "yool''-
cure oil West Virginia in ,tlcl. o.. .r i.'gi' -.
p'o' iusu' ANNOUNCE AID publish That H. ana
80 U'uau.'nce Mas un passed accordin- W.
OF Wheeling "i'iI OF TIE cily
sai4 ordinance provides f5r tb. i.s....,
ol The bonds Of ihe CITY ~ utI "il sale
am an asgresa'inE no, more than .',- ~ M,
Said sum to be used and ey7.ni,,
loving purpose only. VIZ. 'oF tue fot
For the purpose 81 pr.vftir.-
erection ana completion NJ sr | i'f the
Plant within the clty of Wlcei,,,' '.iic Light
NJ >n"cid election - hr hel.0,.,.
.7TH DAY OF JUNE. n 49,,
the qualified voters OF the cir, "i.
shall vote upon the question ~ H. 4rciing
or rejection Of the ordinance of......'-. " aiiou
ordinance Is III the words ana a-lr.s D. w. Nnicn
to WI: .'-'5"lng,
AN ORDINANCE
Authorizing The issue and sale of E,,t
CIty OF Wheeling. aud the Apu.l.... 'he
Proceeds 10 the Erection ana C., '. the
an Electric Light Pant within Oh. ,.." oi
Wheeling. 'iil "
BE II Oydaia<d by the Concu Of t...c.
Hheril0. ds fOli0rs: ''y
SECTION l. be Mayor and Clerk of.t.....
Wheeling are hereby authorized a..l D -.' y oi
make and deliver 10 the c0mmi,>iar.. 'i
after named. bones OF th. city o. ID. ., -'l' .4.
eighty thousand dollars. g. Day flr thu. . ~
and completion ~ an electric lighf Di.,, A
in said city, winch bonds snail be u H. ,r,l'.
ing denominations. viz. One huuar.5
bonds shall be- Of the denomination o, ,,. i''l'
bred dollars each; one HUNDRED Of fs, ..,'
lnaiion Of five hun1r"d dollars each ,r
r->idue OF the denomination of ON. I.,
dollars each; and shall bee nude p,,sl. I..,,
before the FIRST day OF October A D Ina. ,i.'
sand nine hundred and one. aj the Ram , .t
Ohio Valley. in the city OF WhecluIy ANA . '''I
bear interest al the rate OF six per .,rt ,...-
mum. payable annually At SAID bank 4. b.. d..
payment 81 interest to be on The f-,fd4y.f..
tOher. \. ID. 1872 for which interest CON ,I. a..
proper form shall be attached "a each b.,t
with The signature OF the Clerk 81 the city.,'''
gravrd thereon. The said bonds shall be. .'y, %
by the Mayor AID cOuutersigu,d by the n rl
and sealed with the seal OF said cts.
SIC. 2. j J. Jones, j. ). Naylor and Rotnr.
Simpson are hereby appointed colnmi..ir,,...
thorized by this ordinance. al not les. ~ 40.
their par value; and 10 perform other .iI.f> ami
duties hereinafter mentioned. P,oral.9 b,,,.
eCfr, that neither OF sand commissioner, shall
act undcr this ordinance until be- shall Ay.
given bond with good security to d. ann-.,,i
by Council. in the penalty Of ten thousand ,.ri.
lars. conditioned rs in the case OF official ilnls
SEC 3. The commissioners shall urucar. ,y,,i
)ut avoidabe delay, 70 sell such bonds to fl.
highest bidders, for cash. and 10 bot Jos, lam
heir par value, conforming IN az tliug, o. fl..
provisions OF chapter III. ACES of 1928 OF Nh.
Legislature Of West Virginia . far 49, the sam.
; applicable
SEC. 1. The proceeds arising from the sale
II said bonds shall be uaid out hy sand com.
nissioners to such person OF -.s>ou, a. nm,
a. o. itI.
ime order and direct. FrOridsd. h9r,r.r. that
10 part thereof shall be expended foT amy orh,r
purpose than III the erection ana completion OF
n electric light plant within the city
SCC 3. To secure the payment Of sad bonds
nd The punctua payment OF the Interest there.
n according To their tenor and effect tlc b..
eiyer OF the city Of Wheeling shall pay o. ,lil
on the first day Of October. one
thousand eight hundred and nincty-twO, and on
lee hrst day Of October each and every vehi
hereafter until such bonds and coupons Shall
e fully paid, out Of any moneys OF the City ~
hcellng In his hands, sufficient sum 10 paw
he annual interest on said bonds not r..
eemed, and in addition thereto the sum II
light thousand dollars; and for such sums the
receiver shall take the receipt OF said commits
toner's and file the same with the Clerk. The
um necessary to pay the annual interest on
aid bonds not redeemed and tae SAID add.
lonal sum OF eight thousand dOlllrs, shall be-
Included in the annual estimates aua levy OF the
'ouncil.
SEC. 9. The said commissioners shall. out Of
he moneys they receive from the Receiver un-
or this ordinance. pay the annual interest ac-
ruing on said bonds, and after the payment Of
he interest as II becomes due shall. on the first
ny Of October, one thousand eight hundred
nd ninety-two. and on the first day OF October
each and every year thereafterHpply the res
Tue OF the moneys then remaining H. their
ands TO the redemption Of the outstanding
Oh DIS issued under this ordnance, at rate not
TO Ia no MOI "A l..r.
ct be redeemed with the consent OF the holder
their par value or less, then In such cases Re
id bonds to be redeemed shall ," determined
y lot by said commissioners. who shali there.
giSe p % ie i9 bhs holder ID q %
nemed. Such bonds shall cease 20 beHr Inter
st from the first day OF October OF the same
ear.
oners to keep true aud accurate account "
lelr receipts and disbursements, and shall ~.
ort the same TO the Council annually. ana NJ
ich other times the Council muy direct
nd said commissioners shall cancel rs they
a. redeemed and delivered To the clerk OF the
tv. the bonds and coupons redeemed by them,
least Onge In every year. and Oftener n re
lired by the Councils and the said clerk shall
reserve the same in "A book To be kept for that
IFpo>e.
lau be exempt from municipal taxes by tn
~ Of Wheeling.
SEC o. For cause the Council OF the city q
'heeling may remove any one or more or SAID
or their successors, and the
lmmi ssiOners and their successors may resign
Y giving notice in writing to the mayor "
Jerk OF said city. ANY vacancy shall De nlled
V Council in JOINT session, and BOND shall Ue
.quired OF every new commissioner as m the
rst instance.
SEC. 10 II shall be the duty Of the commits
oners 20 enforce each and every provision u
ais ordinance according TO its true Intent aud
leAning And any failure upon the part ol any
ne Of the commissioners 20 comply with ana
erform any duty prescribed by this ordinance
hall be deemed IA forfeiture OF MS bond.
SEC. il. Before the commissioners shall maze
ny sale OF said bonds they shall advertise IN
be German paper and the daily newspapers u
be city of Wheeling, stating the time ar4 pace
q said city that they viii receive hin,, J..
'rting, for said bonds. And in the event iha'
be subscription exceeds the Bggfegat' % tue
onds there shall be an apportionmeui pro fa'4
mong those bidding the highest price
SEC. r. The commissioners and lheH sue
essors shall receive In the way OF comTnsn
ION for their services one-halt OF one ptr,'ns'u
I the amount disburSed by them UNDER thl' oi
nance In redemption OF the bonds ana W.T.
ayment OF interest on said bonds, and 10 auI.
ion thereto n sum not 70 exceed NIFTY doi "i'
er annum for clerical services, and SAID con-
nissioners shall receive no other compensnioA
or their services under this ordinance.
SIC 49, This ordinance shall take effect from
nd after It's ratification by the qualified voter,
( the city % Wheeling AT an election 10 De held
u the 9th day Of June. 1891.
The ag2rcgate amount OF indebtedness OF the
ity Of Wheeling issued and authorized by The
aid city. and existingat this date T. 1893, 1908
his includes the Main Street Bridge bonds.
Given under my hand this 18th day Of June
sol. ..,
G. W. SEABRIGHT,
Mayor Of the City OF Wheeling, W. Va.
THOMAS r. HOEER,
Clerk Of the CITY Of Wheeling. W. W.