West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1899-05-04
Saturday, the 9th day ofKay A. D.
1899,

az the several pieces 81 voting nov established
I'm said District. np"n he question ~ ~u scrIb-
ing and appropriating bv AMI on behalf of said
District a sum not exceeding $4,000 or so rrnrh
thereof as may be legally appropriated and
dividend-hearicg stock OF the said Nargantown
and kinRwood Railroad COMPANY UPON con =
ton that not mere than sixty thousand dollars
of such preferred stock shall he al INV time il
sued. ie vote afuresn shall he taRen IN
manner and form and the result .scertained
anu certified and rei uined as prescribed by>ec.
"a of chapter 30 OF the code cf West Virginia
au nor ce 81 said election shall he published
me same Tor Gre month IN The Pr ston county
journal aud WFsT NILGtNIA Aneus weekly
ncWspapers published Ia his ecu ". The
ba lots used at said election and I'm taking said
poi Shal have written or printed thereon the
words For Suhsctiptiou'' or ~ eainst sub
cription." or any other words which WI show
now the voter intended 10 vote upou the pues-
u4 ,a OF app opriaion and subscription ~ re
when made shall be .ubi Get 10 All the tin -
limitations aud conditions imposed by law and
20 the iufthef times. limit tooS and conditions.
Wnich are herein imposed and made part OF
said appropriat on and subscription
:. " THREE FIfTHS IS 3, OR MORE OF THE
NO Frs OF I'D DISTRICT VII, shall vote
upon the question ot such proposed anprocrf,.
iion and sub crintion are In favor of same the
sh'd sum of $4,000 tor 50 much thereof as nav
the capital stock Of said Rai'rond , onrrtry in
the name Of said Valley district by an agent or
| such SUI scriptirn shai' }. payah . I'm the con
/ pom bonds Of said District bearing ~ crest AZ
| the raj q OF nNe 90 per Centun ;iuuus~ INV
! able emf annually. which said bond shall be
received by said corpOt ION at par I'm exchange
| Tor. ahd III plymen. OF an equal AMOUNT al IN
| equal amount of the5rer cent preferred dividend
! be ring stock ofsuid COrpnr IT. ~ said bond 5
! shall be issu q aud signed by the Presi lent
| ana CLERK Il the County on aSui esafl upder
/ the seal OF said Court, and shall be delivered
! 10 sahl railroad Company o. its agent as TO-
! proposed Railroad In Valley District r adv fnr
! the ron ng stock and In actual operation. there
| pany the sum OF S2.0u la said bu ds ~ their
/ psr vaue. until the whole OF said substitution
| shall have been paid in said bonds At the
! sni' time that the said bonds are delivered To
| The Germany, an equal amount ut the D4r va ne
| ! the 30 per annun prefe red az gidend hearing
| stock certificates OF said onpauy shall he
| el vered by said Con pany Co the CLERK OF this
| court for the ~ District. The total ssue of
! preferred 80 dividend stock $40 esa'l TO be
| issued 10y aid Railroad Comrapv shaiI never
J exceed SC0OO p vlluo ard shall b. yycgcrrnJ
| and entitled to ceive IN caci, ,et,. our 81 rs q
/ net earnings Of tac1 year a di ideud al 80 upon
| the par vrlue thereof which shall he dec,ar, q
! and paid before amy divide ds shall be do
! Railroad Company out Of the net earning oI
/ SuCh year he co2nou bonds aforesaid shiIl
/ lie is>ued denominations 0f5Jl0edch and shall
I Ee nun ocFed consecutiveiy from No. I with
/ ioriy emT-aunual coupons Ut the denomination
| OF lou ea"h. attached To- each hu D. aud
/ bearing the number OF the bond nd the fac
] Simiie Of the stcnath e. 81 the CLERK If "a
court 9nd rayabIe January FIRST and Jury FIRST
OF each year. said BONDS shall be redecnnh' q
/ auh payable on and after the 8lst dnv of De
cemDer. 1879 at the option OF thg sail Comfy
/ Court. direct ann al tax is hereby EXPRESSLY
J provided which shan q annually ascertained
, levied and assessor by id court ard e Elected
J according to law on The taxable uaouerfv az
said DiSir ct. sufficient to pay The "a nuai inter
est on the sid bo' DIS, from the Ist day Of July.
/ Iogg 70 me Slst day % December. 1904. and
/ tnflent after that cate to pay annually the
| interest and such p ut OF the principal of said
bonds SO that the same may be fully plid on
I lee ember, 1912 by annual fevies an poyIrents
or in,t resi- ana pl1nCipal * nearly equal In
! from 1901 to 1919 inc usive-
he bonds to be redcc1nable and paid I'm each
year snail be a. certaiued bv SO id County Court
| number of the bonds so to he redeemed and
! pald IN each yea shall be ascertained by said
/ non OF NE Number Of the bonds so to he re.
! deemed and paid shall be made by said Court
~ s3ne newspaper pub ished i'm said Comfy.
LOT Ionr successive weeks prior TO such redemp-
! ton, after which all interest on said bonds so
1 published shall cease.
The interest and principal of 'he bombs afore-
| sara when due, shall be paid by the sheriff If
! said county upon presentation, out of the lev
les ana assessments herein provided. The
amount of { h8 subscription azores ia shall be-
expended IN the CONSTRUCTIVE Of said raj rnId
! within the said District and not elsewhere
| une work shall be- begun bv said Nor,stI.
/ town and King God Railroad Company within
( SAID valley District within six months from
ne date OF said election. and said Railroad be
4 CyWlleieu WITHIN tWO years from said date 10
/ the iull extent Of the distance covered bv said
/ suPscripu0n; then said subscription shall be
| null and void.
The following named persons are authorized
ana appo nted as Commissioners Co hold. con.
duct aud make proper return OF said Election
on sara bth Day OF NAY 1892. at the PAGES
OIL Noiihg in said District as follows, viz
40 Becdsyllle. John Dill d. c. Watson and
j VI. g., Fairfax
st Nasout"gn. ". A. Hartley. Calvin Rol,y
and duhu Emory Gale.
- Herring. y. icid, j. u. Formau and
Jacob SpiECr
q copy from the record
1este
.eo. GEoRaE A walls. Clerk