Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-05
ORDER ENTERED.
County Court Formally Accepts
the Offer

Made by Hon. George C. Sturgiss for
the Purchase OF the Stock now ia THE
Hands OF the County S3A, 600 to be
Paid for the $45 900 worth of
Stock.
THE county court has formally nc
cepted the offer which WAS made some
time ago by Mr., Sturgiss on behalf Of
/ the Nj. Il X. railroad company to nar-
chase the stock which is held hy Nor
lgan district In exchange for district
bonds voted 20 aid ia the construction
of the road. The proposition wac
made some time ago.
1t is now up TO Mr.. Sturgiss 10 pro.
duee the money. He states that this
will he done 10 the near future aud
| that the road will he ready shortly to
take up the stock The order entered
by the court on Wednesday afternoon
is as follows:
George G, Sturgiss for himself and
as President or the Morgantown 81
Kingwood railroad company this day
offered to purchase the $50 shares Of
the preferred per cent stock Of the
| Morgantown n kingwuud railroad
company, owned by Morgan District
! Of this county, of the par value Of
$45, 600 at the sum and price OF S3I,
600 and the court having maturely
considered said offer, and being of the
lopinion that it would be highly ed.
yantageous 70 the citizens and tax
payers OF Morgan District TO accept
said offer, and being advised BY the
i prosecuting attorney of the county in
writing that he had carefully exam.
ined the law and the right Of the
court To sell and transfer said stock
and that he was clearly Of the opinion
that the court bad legal right and
! power TO sell and transfer said stock,
aud that the sum above named offered
there was full and liberal estimate
OF the of the value OF said stock, and
advising the court that 1t ought to
| accept said offer and other counsel
consulted by the court fully concur
ring IN writing, in said opinion and
advice, and there being no other offer
for said stock.
1t Is ordered, that said offer be ac-
cepted, and that upon the payment Of
the sum OF $34, 900 on or before six
months from the date OF this order by
said Sturgss, or by said railroad com
pany, to the sheriff OF this county, for
the use Of Morgan district, the presi.
dent OF this court, under the seal OF
the court, attested by the clerk OF this
court, do execute an assignment and
transfer Of said $50 shares of stock.
TO said Sturgiss, Ior TO said railroad
company (Which ever shall make said
payment) and deliver the same and
the original certificates OF stock rep
resenting said shares now In the Gus
tody and possession OF the clerk OF
this court, to said purchaser, and that
said sum OF $34, 600 shall be held in
lieu Of said shares Of stock, for the
use and benefit OF Morgan district and
all other questions are reserved for
the future order OF the court.
Said assignment and transfer may
be In the following form or to the fol-
lowing effect:
For value received, the $50 shares
!, Of the preferred per cent stock OF
the Morgantown & Kingwood railroad
company standing in the name OF
Morgan district of Monongalia county
West Virginia, and represented by
certificates issued by said company
bearing dates and numbers and for
the number Of shares leach Of the par
value Of 5000 here set forth, viz:
No. 1--45 shares, Nov. Is, 1899
No. 2--45 shares Dec. 20, 1899.
No. 3--45 shares Feb. is, 1900.
No. 445 shares March 20, 1900.
No. 5--45 shares May 26, 1900.
No. 6--225 shares Sept. 3, 1900.
And said certificates are hereby
sold. assigned and transferred unto
- and Greenberry Barrickman,
sheriff of Monongalia county is hereby
irrevocably constituted and appointed
attorney and agent to transfer the
said stock on the books OF the Morgan
town s. Kingwood railroad company
with full power OF substitution in the
premises.
4 Dated September 4th 1901. In the