Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1902-06-07

! Will De 10 break nD the cOngregat1nQ
of crowds on the street corners and
the habit of loud swearing on the
streets.
REFUNDING BOARD.
The Board of Bond Refunding Com
missioners, composed of A. q. Ma
denbousch, w. r.. Kline and A.
Staubiv appointed for the purpose of
experimenting and conducting the H.
ne of the bonds authorized by an act
OF the Legislature of Feb. E, 1901,
and applying the proceeds of the sale
thereof to the redemption of the then
outstanding indebtedness of the COR
poration of Martinsburg. submitted a
complete and verv satisfactory re-
port. The report stated that 90 Of the
new bonds. of the par value OF $500
each. were sold to II. q. Talbot. of
Charles Town. for $40, 208. So, of
which sun SO, 600 represents the face
value, 800 the premium and sos. So
the accrued interest from the date OF
bonds to date OF sale: 2 to ID. b.
Floyd. of Funkstown. Md for 81, 021 /;
80 to the Peoples Trust CUmpaHv as
assignee OF ". X. Todd and COMPANY
of Cincinnati O.. for $40. III. Is. and
4 0 to the Inter State Trust and Guar
anty Comoany, of Cumberland, Md,
fer $40. 633. 30.
The total amount received from the
sale of the whole issue Of one hun
dred and fifty-two bonds of the de
nomination of $500 each. a~ggresating
the sum of SO 600, was ST., $50. 36. in
elusive of premium and accumulated
interest. OF this sun Sl.25 was
paid as the protest changes on n
check of W. Il. Todd and COMPANY
and $75, 600 was paid in redemption
of the old. bonds of the CORPORATION.
known as the Water Works and
Grading of Streets bonds, leaving
a balance - the credit of the Bono
Refunding Commissioners of 81, $40.
IL.
Acconpan.ln the -epo-t the com
mlttee submitted an itermized &C
count of the receipts and disburse-
ments and the old bonds ~aggregatlDe
the mar value of $75, 500. that they
may be cancelled or destroyed.
The report If the commissioners
was received and the bonds ordered
DESTROYED. On motion of Councilman
W~estenhaver n note of thanks was ex-
tended to the three members of the
refunoinQ commission and especially
to Mr.. Nadenbousch, who had been
so diligent and thorough in carrying
on the work of the COMMISSION.
On motion of Councilman Weston
haver a resolution was passed IN
strncting the commissioners to turn
over to the treasurer of the orpora-
ton the 81. 979.1l left in their hands
structed to ascertain on what terms
two IT the CORPORATION bonds of the
par value of $500 of the last issue
could be purchased for the benefit OF
the sinking fund. to be paid for out
of the fund TO be turned over to the
treasurer ut the corporation bv the re-
funding com customers.
Councilman W~estenhaver stated that
all who had made a study of the for
nation of the Public Square had
come to the conclusion that the best
location for the public drinking foun-
tain was III the center of the rectan-
gle in the southwest portion of the
sqnare formed by King and Queen
streets and the south and west sloes
of the square. not e. the intersec-
non Of King and Queen streets "A
short dist n g east of ire llEe of trav
ell on Queen streets One Of the Dr in
cipal objections to the latter location
Is that the new band stand will be
erected near that place and the fun
tain would not make q pIoper show
ing beside a large bandstaud. He
stated that the doror made a request
tn rough him that tie action of the
Council in selecting the site TO- the