Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-02-11
UNANIMOUS.
Voters in South Morgantown
Grow Emphatic Over Elec-
ton.

Not O Single Vote is Recorded Against
the Proposed Bond Issue Bonds are
all Right-Lots of Paving to be Done
Here This Summer-March of I'M
progement to Continue.
South Morgantown held bond
election on Saturday. The voters
over there wanted to pass on the
proposition to issue nearly $4,000
worth of bonds to pave and other
wise improve their streets. The
election resulted in IS votes being
cast in favor of the plan and not a
single one against it.
The council will at once take steps
to have the bonds sold and the mon
ey expended. They haven't decided
yet just what they will do but it is
understood that they will pave and
macadamlze all that they can with
the money that will be available for
this purpose under the bond issue.
Some question had been raised as
to the validity of the bonds but this
did not derter the unterrified over
there from expressing themselves as
vigorously in favor of the plan. 1t
is hardly thought that there will be
! any trouble experienced as the bonds
are said to be plainly legal and the
election in every way regular and
according to law.
With the paving that is to be done
in South Park, Seneca and South
Morgantown during the coming
Summer there will be great deal of
pavement added to what we have in
the territory covered by Greater
Morgantown. The bond ordinance
passed in South Morgantown is as
follows:
IN ordinance to provide for the issuing
and selling Of bonds for semeri1ag,
pairing and macddantising streets and
alleys OF the torn of South Morgd9,toWn:
Be it ordained by the common coun-
Gil of the town of South Morgantown in
the county of Monongalia, ia the State of
West Va, that the bonds of the said
town are hereby authorized to be is
sued and sold according TO law to the
1iAOuub Vi ltIlIt lilOuSduu, NlIJ6 Hull
dred Dollars, said bonds to be of the de-
nomination of One Hundred Dollars,
bearing interest at the rate of 5 per
centam per annum, the interest pay
able annually and the principal as fol-
lows:
5000 thereof in ten years after the
date thereof,
$500 thereof in eleven years from the
date thereof.
$500 thereof in twelve years from the
date thereof,
$500 thereof in thirteen years from
the date thereof,
$500 thereof in fourteen years from
the date thereof,
5000 thereof in fifteen years from the
date thereof,
5000 thereof in sixteen years from the
date thereof
$500 thereof in seventeen years from
the date thereof,
5000 thereof in eighteen years from
the date thereof,
5000 thereof in nineteen years from
the date thereof,
$500 thereof in twenty years from the
date thereof,
$500 thereof in twenty years from
the date thereof,
fOUu there IL III WENT Two years lFOln
the date thereof,
5000 thereof in twenty-three years
from the date thereof,
5000 thereof in twenty-four years
from the date thereof,
5000 thereof in twenty five years
from the date thereof,
The proceeds of said bonds when is
sued and sold as aforesaid shall be APP
piled to the payment of the cost to be
hereinafter incurred by the said town in
sewering, paving and matchmaking
streets and alleys of the town, or
such parts thereof as council, by res
olution, shall undertake to sewer, pave
and macadamize. Such paving
shall be with vitrified brick and mac
adamizing with suitable material, and
shall be done at the cost of the town
and shall not be assessed against the
lot owners as it might be under the
statutes of West Virginia.
There shall be levied and collected
according to law a direct annual tax to
pay annually the interest on said bonds
and the principal thereof within %
years, which tax shall be upon ali tax
able property Of the town as assessed
for the purpose of taxation. And the
rate Of said tax for sinking fund for
said purpose is hereby fixed at 40 cents
on every One Hundred Dollars value of
taxable property which amount is here
by ordered to be levied and collected
according to law.
North End Meat Market.