The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-13

| the bonds marked series u,
On the LIST day OF December, 1914. all
the bonds marked Series H."
on the LIST day OF December. 1915, all
the bonds marked Series /.
on the Let day OF December, 1915, all
the bonds marked Series ].
on the LIST day OF December, 1911. all
the bonds marked Series K"
On the LIST day OF December. 1918, all
the bonds marked Series L."
On the LIST day OF December, 1919. all
the bonds marked Series NJ"
on the LIST day OF December, 1890, all
the bonds marked Series N"
on the LIST day of December, 1921, all
the bonds marked Series o."
on the lst day of December, 1922, all
the bonds marked Series p"
On the LIST day of December. 1898, all
the bonds marked "serles O."
on the LIST day OF December, 1924, all
the bonds marked Series r."
on the LIST day Of December, 1928, all
the bonds marked Series s."
on the LIST day OF December 1926, all
the bonds marked "serles T."
on the LIST day Of December, 1927, all
the bonds marked "serles u"
on the list day Of December. 1923, all
the bonds marked Series ""
On the LIST day Of December, 1929, all
the bonds marked Series W."
on the LIST daV OF December, 1880, all
the bonds marked Series X"
on the list 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 1881. give notice 10 the holders OF
the bonds to be redeemed in accordance
with this section. by advertisement pub
lIshed daily. Sunday excepted, for two
weeks In the daily newspapers pub
iished In the city OF Wheeling, statiRg
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
teEst from said day, and the said bonds
shall cease to bear interest from the
said day.
Section Z. II shall 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 0ftener. if required by
council, deliver to the clerk OF the city.
oil redeemed and Cancelled bonds and
coupons in their hands. and the clerk
shall preserve the same In a book to be
provided for that purpose.
Section s. Il shall be the duty OF the
commissioners to keep true account
OF their receipts and disbursements. and
report the same to council annually In
tho month Of April, and at such other
times as council shall order.
Section o. The council OF said city
may for cause, remove any one 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 DO filled
by council In joint session.
Section 10. Before the said commits
sloners, appointed under this ordinances.
shall be permitted to act rs such, they
shall Jointly give bond, with good scout
NV, TO be approved by council, in the
penalty OF one hundred thousand dol
lars. which bond shall be payable TO the
cItV OF wheeling, and shall be condi-
TONED TO the following effect:
"The condition OF the above obllga-
tIon Is such that, whereas, the above
bound A., B. and C. have been duly ap-
poInted commissioners under an ordl-
npnco OF the city Of Wheeling, entitled,
IAN ordinance TO provide for the Issue
and sale Of bonds of the city OF Wheel
Ing, to be known as Funding and Re-
funding Bonds OF 1897, and for the re-
demption and payment Thereon, ana
have accepted the said appointment,
now, therefore II said A., b. and G.,
during their continuance as commits
sioners, shall each and oil OF them In
all things faithfully and diligently dis
charge their duties as said commission
ers and shall well and truly account for
and pay over TO such person or persons
as may be entitled to receive the same
all moneys which shall 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-
latlon 10 their duties) according to ita
true intent meaning, and any failure OF
any 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, the?
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 tho
amount OF bonds TO be issued, the bonds
shall be apportloned by the commits
sioners among those bidding the highest
price.
Section 10. The commissioners shall
receive as compensation for their SER
yfcesthree -efghths OF one per cent on tho
amount dlsbursed by them under this
ordinance In the redemption OF bonds Is
sued hereinunder. 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 ex-
change for the bonds Issued under this
ordinance.
section H. Should the date OF any OF
the payments mentioned in this ordl-
nance fall upon Sunday, such pay
ments shall be made upon the Saturday
next preceding.
Section 10. This ordinance shall takd
effect from and inter Ito ratification by
It's having received the votes OF three
flfths OF all the qualified voters OF the
city Of Wheeling, who shall cast votes