Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1901-07-27
MUNICIPAL BONDS SOLD.
Council Refunds City's Outstanding
IndebtednessssBo Bonds Bring Good
Prices

waited across their brows by an cleo
trio fan. the City Fathers met in
special session Friday night, some of
them IN shirtwaist style, to open the
bids and sell the reissue Of the $4,000
of municipal bonds at lower rate Of
| interest.
| Mayor Henshaw was in the chair
and Councilmen Porter, Martin,
Staubly, Cline, Westenhaver, Brown,
Kline and Lloyd were present.
The highest bid received was that
of S. A.. Kean, a municipal bond
dealer Of Chicago, ILL.,, who offered
premium of one dollar on the one
hundred dollars. or $40. 760 for the
entire issue Of $40, 900. This bid was
accepted.
The bonds will be coupon bonds of
the denomination of $500 bearing in
terest at the rate of 3t-2 per cent.
payable semi-annually and the pro-
ceeds from the sale of them will be
used IN the payment and redemption
of the outstanding bonds, which bear
interest at the rate of per cent.
The clerk was instructed to notify
! Mr.. Kean at once of the action of
the Council in accepting his bid Iand
that the official statement and papers
would be forwarded at once.
The contract for engraving and
printing the bonds was awarded TO
VIM. Mann and Company for $83.
The Street Committee submitted the
following report:
| I'VE your Street Committee beg
to rerort that we met on July II,
1901 and beg to. offer tie following:
of Church and King streets we
would recommend that the closed
sewer be taken up and that Mrs. L..
Miller be notified to put in an open
gutter.
Relative to the matter of cutting
down street in Bender's Addition we
beg to state that we have estimated
the probable cost of same to be about
$75 and we would recommend that we
be given permission to ask for bids
and award contract for same the cost
not to exceed that amount.
1--WE have notified Mr. M. L. Dorm
to enlarge the gutter in front of his
property ON w. Burke street or re-
move the tree IN same.
| nd RI no of Il
| Custer we would not recommend
that he be paid any damages, but
would recommend that the sewer at
that noint be made larger, the prob
able cost of same to be about $50.
The report, excepting that part of
it referring to the gutter in front of
Mrs. L. Miller, was adopted. Action
on that part of the report was on
motion of Councilman Westenhaver,
deferred until the next meeting.
Sergeant RIgsby submitted report.
in accordance with resolution of
| Council showing the amount of water
shut off. the amount enormously
! charged and the amount yet to be
shut off. A list of names was annexed
to the report.
The report showed the samount of
water shut off for non payment to be
$445. ~; amount of water rents err
roneously charged $32S; amount of
water to be turned off $l32; total
1905 ~.
| Councilman Westenhaver brought to
the attention of the Council the arti-
Gle in The Evening World about the
ANNOYANCE caused to the citizens by
the numerous worthless dogs about
the city The Mayor and all the
| Councilmen agreed that something
should be done to abate the dog nuis-
ance and lengthy discussion as to
the best means of going about 1t fol-
owed. While the discussion was go
ing on chorus of CANNES on the
outside of the council chamber set up
deafening howl as If to resent the
mean things being said about them.
The dog question will be tended to
later on.
Councilman Kline moved that a
committee of three be appointed TO
confer with DR.. New, the expert
chemist who analyzed the city water
relative to the amount he is to receive
for his services, Council having re-
fused to pay his bill of S400, which
was considered exorbitant The
motion was carried and Messrs. Kline
Westenhaver and Cline were appoint
ed ON the committee.
Councilman Kline moved that a
committee of three be appointed to
confer with the School Board and to
petition the County Court to do what
is necessary to secure the proper APP
portonment of the railroad tax in the
districts of the county
| Councilman Westenhayer was al