The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-27

On h LIST day OF December, luis, all
the bonds marked rSerles L."
on the LIST dag OF December, 1913, all
the bonds marked Series NJ
on the LIST day Of December, 1890, all
the bonds marked Series ~"
ON the LIST day Of December, 1921, all
the bonds marked Series o."
on the 1stiday Of December, 1922, all
the bonds marked Series P,'
On the LIST day Of December, 1928, all
the bonds marked "Series o.
On the LIST day OF December, 1924, all
the bonds marked Series r."
ON the LIST day Of December, 1925, all
the bonds marked Series s."
on tina LIST day OF December 1926, all
the bonds marked Series T."
ON the lst day of December, 1927, all
the bonds marked "series u"
on the 1st day Of December. 1928, all
the bonds marked Series ""
on the LIST day OF December, 1929, all
the bonds marked Series W."
On the LIST day of December, 1880, all
the bonds marked Series X"
on the 1st day of December, 1881, all
the bonds marked Series Y"
The said commissioners shall In the
month OF November, In the year 1907,
and In the month OF November IN each
year thereafter, until and including the
year 1891, give notice to the holders OF
the bonds to be redeemed In accordance
with this section, by advertisement pub
llshed daily, Sunday excepted, for two
weeks in the daily newspapers pub
ilshed In the city OF Wheeling, stating
the series OF bonds to be redeemed, and
that the said bonds will be redeemed at
| the said Exchange Bank Of Wheeling,
on and after the list day of December
next succeeding, and cease to bear In
terst from said day, and the said bonds
shall cease to bear interest from the
said day,
Section 4, It shalt be the duty OF the
said commissioners to cancel, as they
| are redeemed, the bonds and coupons
paid by them, and they shall, once In
every year, and oftener, II required by
council, deliver 10 the clerk OF the city,
all redeemed and Cancelled bonds and
coupons in their hands, and the clerk
shall preserve the same in n book to be
| provided for that purpose.
Section s. Il shall be the duty OF the
commissioners to keep a true account
OF their receipts and disbursements, inc
report the same to council annually In
the month of April, and at such other
times as council shall order.
Section 0. The council OF said city
may, for cause, remove any n or
more OF the said commissioners, or their
successors. and the commissioners, or
their successors, may resign by notice
given in writing to the mayor or clerk
OF the city. ANY vacancy shall be hlled
by council In joint session.
Section 10. Before the said commits
sIoners, appointed under this ordinance,
shall be permitted to act as such, they
shall jointly give bond, with good secur-
ity. to be approved by council IN me
penalty of one hundred thousand dol
lars. which bond shall be payable to the
city Of Wheeling, and shall be cohdi-
toned 10 the following effect:
THE condition OF the above obliga-
tIon ia such that, whereas, the above
bound A., b, and G. have been duly ap-
polnted commissioners under an ordl-
nance OF the city of Wheeling, entitled,
AN ordinance to provide for the issue
and sale Of bonds OF the city OF Wheel
fng, to be known as Funding and Re-
funding Bonds of 1897, and for the re-
demption and payment thereof. and
have accepted the said appointment;
now, therefore, II said A., b. n c.,
during their continuance as commits
sloners, shall each, and all OF them, In
| all things faithfully and diligently dis
charge their duties as said commission
crs. and shall well and truly account Tor
and pay over TO such person or persons
as may be entitled to receive the same,
all moneys which Thall come into their
hands, or under their control, as such
commissioners, then shall the foregoing
Obligation be void, otherwise to remain
in full force and virtue"
Section II. It shall be the duty OF tho
commissioners to enforce each and
every provision Of this ordinance lin re-
lation TO their duties) according to i1
true intent meaning. and any failure OF
n of the commissioners to comply
with or perform any duty prescribed by
this ordinance, shall be deemed a viola
ton Of the condition of his bond
Section u. Before the commissioners
| shall make any sale of said bonds, they
| shall advertise for at least four weeks In
the daily newspapers published in the
| city Of Webbing, giving the time when,
and the place where, In said city, they
will receive bids In writing for said
bonds. Should the bids exceed the
amount of bonds to be Issued, the bonds
shall be apportioned by the commits
| sioners among those bidding the highest
price.
Section IL. The commissioners shall
receive as compensation for their ser
vlcesthree-eighths of one per cent on the
amount disbursed by them under this
| ordinance In the redemption OF bonds Is.
sued hereunder. and the payment OF
interest on such bonds, and no more.
| Such compensation shall be In full for
! all services of every description render
ed by or required Of the commissioners,
or any Of them. under this ordinance,
and no extra pay for clerical or other
services shall be allowed, exceeding fifty
| dollars per annum; such commission
| shall be only charged on the amount OF
| money furnished the commissioners for
! the redemption of the bonds under this
ordinance, and the payment Of interest
| thereon. and not on money received
from the sale Of said bonds, or the
amount of any bonds received in eS-
| change for the bonds issued under this
ordinance.
Section Il. Should the date of any of
the payments mentioned In this ordl-
nance fall upon n Sunday, such pay
menta shall be made upon the Saturday
next preceding.
SECTION 10, This ordinance shall take
effect from and after Its ratification by
IFS having received the votes of three
lfths of all the qualified voters OF the
city Of Wheeling, who shall east votes
for or against the same AZ an election to
be held on the 9th day Of November, in
the year 1897.
The aggregate amount Of the indobt.
edness OF tho city OF Wheeling, Issued
and authorized BY the said city, and OK