The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-06-20
NEUTRALITY-SUSPICIOUS.
PROCLAMATION

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SAID ordinance provides toS iSo y,,,,,...,
Of Inc h1nds or the Ciiy ~ viatss1Hi.t an ala
SnnIif,t S,I,,ro,t,,s NOT ,rSl .t nsviihg ~ To
Gf61 ''ee' "V' Ai'''e 'haa 1he sum d
said spu N n, psc1 and exno,lod g.,
lowing M, s6s,ss o,,lv W.. NPV"ueN lVt The i0l
ESr Xxx nI,r,,oSc' ~ I,,,y,,,,,,,.
erection anil eSrhnISi,bW ~ ~, t tiSnus LOT tie
plant within tie |tv ~ Sybnsiim,,f 'V'Flc Light
X a snScISl oIcctyS, Z, ~ SStIns,
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27tl Day Of lime. A II 1891
= " %' A'OlS
tho qualified voters sf the CITY of Wh..,,-
shall vote upon The Question Of Tho ,,aaSSs!iI1g
or rejection OF the ordinance Aforesaid WIZ
ordinance Is in the words and fiVtires H., 'i.tu
tO.wtt: lIl ''S'
AN ORDINANCE
civ AZ WBecIlng and tbs in III b9hls o. the
Pr6eecds N ibS Fyrc,,cn HI lTIC 1O;l Of The
an FIsctrtc II,Sht iIISSt ,' en completion VI
WheaIIne N' with the City d
~, o-''..e
"S ~ ~ Oldatiea OyWs COUNCIL " me Ctygt NRaL
SECTION /. The Mayor and Clerk OF ibs c,,r 1,
Wheeling are hereby authorized and iiTc,aSS y
make and deliver 10 the Commissions, b,.t4tw
after named, bonds OF the city 70 The ainonri y
eighty thousand dollars 10 nay for me tsos,i "
and completion OF an electric Light plant Witbi1
said city, which bonds shall be 81 do iotiS,sg.a
denominations, viz: One hundred Of MA IS,g5s
shall be,Of the denomination Of one hpnJ,t-ss
dollars each; 0ue hundred Of the denoininsiieesa
Of FIVE hundred dollars each, and tic nsIdgeS
the denomination Of one thousand dollar ess,
and shll be made payable oil or before M ~,
day OF October, a. D. ONE thousand nine hundnS
and one, at the Bank Of the Ohio Valley IN n
city OF Wheeling, and shall bear Interest Al ,SS
rate OF six per cent perHnnum, payable anarsjls
at said bank, the first payment OF Interest tol!
interest coupons In proper form shall \, ~
tnched to each bond, with the signature Of IN
Clerk Of the city engraved thereon Tbe M
bonds shall be signed by the Mayor and counter
signed BY the Clerk, and sealed with TIT sea6
said city.
SEC. 2. J. J. Jones, ]. S. NaylOr mud Robe4
Simpson arc hereby appointed COmmlssIOneS
and empowered tosell the bonds Of The an an,
thoriZed by this ordinance at not leSs than mi,
par value; aud 10 perform other acts and datieS
hereinafter mentioned. +. PrOHfed. hortpu. M.
neither Of said commissioners shall art uuls;
this ordinance until he shall have given b5t5
with good security, 10 be approved by Council
In the penalty OF ten thousand dollars, COndtgS.
cd us In the case OF official bonds.
SEC. 3 The commissioners shall proceed with.
out Rv0idnblc delay TO sell such bonds 10 M
highest bidders for clsh, and AT not less I'm
their paT value, conforming in all things TO IN
provisions Of chapter III, Acts OF 1928 Of ihs
Legislature ofWest Virginia DIS far Us the saneI
applicable.
SIC. 4, The proceeds arising from the sale d
eIs 10 such person or persons as the Council Il
the said city shall from tlme 10 time order ind
direct. PT0pbioi, hOiUcUcr, that no part lhettai
shall be expended for any other purpose than II
the erection and completion OF an electric Light
plant within the city.
SEC, 3, To secure the payment OF said bOndI
and the punctuAl payment Of the Interest thGfe
on according to their tenor and elect, the RI.
celver Of the city OF Wheeling shall pay 10 sdIi
commissioners on the first day OF October, QUO
thousand eight hundred and ulnety.tw0. md on
the first day OF October each and ever yeti
thereafter until such bonds aud coupons shall
be fully paid. out OF my moneys OF the city Of
Wheeling In his hands, O sufficient sum ~ pay
the annual interest OH slid bonds not rdCerel,
and In addition thereto the sam Of eight ihog,
sand dollars, 22l Li0r such sums the Receiver
shall take the rtce1N OF said commissioners aud
file the same with the Clerk, Thesuin Necessary
TO pay the annual interest on said bonds GOtTs-
deemed, aud the Enid additional sum Of eighi
thousand dollars, shall DO included IN theanluG
estimates mid levy Of the Council.
SEC. G. The sAid commissioners shall, out Of
the moneys they receive from the Receiver IN.
der this ordinance, pay the annual interest o.
cruing on said bonds, and after the payment Of
dny OF October, one thousand eight huudrrd
and nincty.two, and on thu first dry Of October
IN each aud evcry year thereafter, apply the re-
llue Of the moneys then remaining In their
bonds issued undeF tiis ordinance, al a rate nS
greater than their par value, lsuId. bonds can.
It their par value or less thqn in such cases Ias