Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-11-27
AN ORDINANCE

:
fundIng and Refunding Bonds of 1897.
ana for the redemption and payment
thereof.
Be It Ordained by the Council of the City
of Wheeling:
Sectlon !. For the purpose of providing
4ILedns Ior redeemlng and paying such of
the PONDS issued under the loan ordinance
passed by Council on January 5th 1877.
ana ~ rratlh ed by popular election on Janu-
airy 25th,. 1877; such of the bonds issued IN
Ger the loan ordinance passed by Council
on august 23rd, 1881, and ratified by pop
s uiar elee[lon on September 18th, 1881 and
S sn OF the ponds issued under the loan or
9Inance passed by Council on May 18th,
1922 ana ratified by popular election on
NAY 1o5h: 1888; as are not yet paid or
commissioners appointed by or under said
ordinances: and for the purpose of provid-
ING means for redeeming and paying such
remain unpaid and unprovided for by
funds in the hands of the commissioners
Obs OF sald loan on the 1st day. of July, A. D.
1900; and such of the bonds issued under
the compromise Loan ordinance adopted
on November 9th, 1860, as shall remain
unpaid and unprovided for by funds in
loan on the 1st day of July 1900; for the
purpose of providing means for paying
Outstanding city orders of the City of
the outstanding unbonded debt on the Main
Street Stone Bridge, and the Over-draft
OF the Board Of Gas Trustees on the Com
q
Clerk of the City of Wheeling are hereby
authorized and instructed to make and
on the LIST day of December, A. d. 1897 or
as soon thereafter as practicable, deliver
to the commissioners hereinafter named
and appointed, the bonds of the City of
wheeling, dated the first day of Deem
i've hundred and twenty-five thousand
dollars, which bonds shall be of the fol-
lowing denominations:
Two hundred and ten of said bonds to
n6
dollars, and numbered from + to '210' in
elusive; four hundred of said bonds to be
lars, and numbered from '211 to $40 in
elusive; and three hundred and four of
said bonds to be of the denomination of
one thousand dollars, and numbered from
GIL to '914 inclusive.
THE bonds issued under and by virtue
of this ordinance shall be. arranged in
twenty-five series, each series consisting
of bonds to the amount of twenty-one
thousand dollars, as follows:
Bonds from 4 to '21O' inclusive to be
known as 'SeriesA.'
Bonds from '211 to '252' inclusive to be
known as Series B.
Bonds from 1853 to '29f inclusive to be
known as Series c..
Bonds from i.95' to 1886 inclusive to be
known as 'SerieS D.
Bonds from 337' to 37S' inclusive to be
known as Series p.
Bonds from 1873 to 400 inclusive to be
known as Series f.
Bonds from 42l' to 1852 inclusive to be
known as Series G.
Bonds from 463' to 504 inclusive to be
known as Series H
Bonds from sos to '546' inclusive to be
known as Series l.
Bonds from '547' to 5SS' inclusive to be
known as Series r.
Bonds from '5S9' to 500 inclusive to be
known as Series X.
.'Bonds from gu to '61' inclusive to be
known as Series L..
Bonds from $40 to '662' inclusive to be
known as Series M
Bonds from cog to $50 inclusive to be
known as Series N
Bonds from '6S4' to T04' inclusive to be
known as Series O.
Bonds from '705' to '725' inclusive to be
known as Series p
Bonds from '726' to T46' inclusive to be
known as Series @.
Bonds from '747' to '767' inclusive to be
known as Series r.
Bonds from 1858 to 1888 inclusive to be
known as Series s.
''Bonds from '7s9' to 500 inclusive to be
known as Series T.
'Bonds from $40 to $500 inclusive to be
known as Series U.
'Bonds from 'S31' to 'S51' inclusive to be
known as Series ".
Bonds from $50 to 1872 inclusive to be
known as Series W.
Bonds from 1913 to 1893 inclusive to be
known as Series x.
Bonds from S94 to ga inclusive to be
known as Series u. i.
Ion the face of each of said bonds shall
be distinctly marked the number of said
bond and the series to which il belongs
The said bonds shall be payable on or be-
fore the 1st day Of December, A. D. 1881,
at the Exchange Bank of Wheeling. at
Wheeling, West Virginia, with Interest
at the rate of per cent. per aRnum, pay
able annually on the first day Of Deem
ber 1898. and on the first day of Deem
Der in each year thereafter, until and in
Guiding the year 1881, at the Exchange
Bank of Wheeling, at Wheeling, West
proper form shall be attached 10 each
bond with the signature of the Clerk of
the City engraved thereon.
The said bonds shall be signed by the
Mayor countersigned by the Clerk, and
sealed with the seal of the city. Before
delivering any bond to any purchaser or
purchasers, the commissioners hereinaf-
ter named, or their successors, shall each
countersign said bond, and il shall not be
considered as issued unless and until il
is so counterSigned-
1T shall be stated on the face Of each
of said bonds that the city expressly re-
serves the right TO redeem said bonds ac-
coTding 10 the provisions of this ordinance
Neither the said bonds nor the coupons
thereto attached shall be subject to tax
alton, under the authority OF The City of
wheeling.
Section . Be it further ordained that
Lawrence E. Sands. Louis F. Stifel and B.
Walker Peterson be and they are hereby
appointed commissioners, and empowered
and instructed to sell the said bonds I
not less than their par value plus accrued
interest, and in the manner provided in
chapter al of the Acts of Is72-3 of the
Legislature Of West Virginia Said bonds
to the amount of four hundred and twelve
thousand five hundred dollars shall be sold
BY the said commissioners as soon as prac-
ticable, while the remaining bonds TO the
amount Of one hundred and twelve thous-
and five hundred dollars shall be kept and
preserved ~ the said commissioners in
1860, when, or as soon thereafter as posi-
BILE said bonds shall be sold as above r1rr-
seribsd: Esfore the second sale q bonds