The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-02-10

BY VI e. MAY Or soE Il HE cfTYE OF
slsIRMor VI. EST RGiNJA. D.

a Whereas "a a gular meeting of
the Common Council OF the City Of
airmont, West ginia, held lat the
council chamber Of ssaid city. on the
sssth day sofs February sos, nBordi-
NANCE emit tiled An ordinance proYid-
ing for the issue and sale of munici-
pal bonds in the aggregate not teX+
ceeding one hundred and eighty thou
sand dollars, for the purpose of rails
ing necessary funds to pay for i'm
/ proyements and 4 extensions hereto;
& fore made to 4 the water works: sys.
tenn of the City OF Fairmont, county
sof Marion, Vest Virginia, and paying
of and discharging all just outstanding
claims debts dues and demands and
sSal1 other evidences Of debt Of every
q ldnd and nature arising out Of the
sconstruct ton Of the reservoir and fl
tration plant owned by: said city. 10.
Gated on what Is known as Log Cabin
Hill. and to secure the payment OF
said bond by executing mortgage
or deed trust upon the general wa
ter system of the city including the
sfeserYoir and filtration plant. located
4 on said Log Cabin Hill, and all pipes.
( sewers, valves, engines, pumps and
other fixtures yinS connection there:
II with; and all tools, apparatuses, and
quipments that are used in the sue
II cessful operation Thereof" was duly
adopted and passed BY said council,
IL and 4 is in the words and figures fol-
loving, that Is to say:
Passed February 8, 1905. /.
An ordinance providing for the is.
sue and sale of municipal bonds in
the aggregate not exceeding one hun
dred and eighty thousand dollars,
sSS for the purpose of raisingFnccessary
funds TO pay for improvements, and
seXtensions heretofore made 10 1.-THE
water works system OF the city Of
Fairmont, county of Marion, West
Virginia, and paying off and discharg.
y ing all just outstanding claims, debts,
dues, and demands, and all other evi
dences of debt Of every kind and ma
tire arising tout of the construction
Of the reservoir and filtration plant
owned by said city. located on what
is known as Log Cabin Hill, and Sc
3s$ cure the payments OF said bonds b.
s5s xecuting Ia mortgage or a deed o.
trust upon the general water system
of the city; including the reservoir
y " and filtration plant, located on thu
n said Log Cabin Hill, and all pipes
sewers, valves; engines, pumps, ant
81 VI other fixtures In connection there
Il; with, and all tools. apparatuses, AM
equipments that are used in the sue
cessfnl operation thereof
Hhereas, that Sthe city has abou
completed "a reservoir and filtration
nd plant on Log Cabin Hill, and ha
~: made large improvements and eS
tensions TO the general water system
Of the city, and has provided for til
Y NJ supplySof pure water for the inhab
i2a:s tants Of the city for a nominal rat
4 or charge therefor, and, sa Z. Z +.
4 Vhereas, by reason of the cor
5ss sstrncti0n Of the reservoir and filtrf
ton plant and making said extension
yylSSi and Improvements to the general W.
ter system as, aforesaid, the city ha
Iss made large expenditures of none
and incurred considerable ind.Ate,
ness wlrich said Indebtedness, no
N, approxinsates the sum OF one hui
dred and fffty:fve thousand dollar
81, 00os, and I;
M Whereas, there are no means avail
able from THE usual sources OF raj
ling revenues by taxation out Of whfc
\ said Indebtedness can be paid, and
fi$ Whereas it: Is deemed expe1lier
!; hat the riiy should issue ana ,se
Its bonds to provide for money suf
ssE cientS to sliquidate said Indebtedness
and xI,enses, for. the purposes ator
lsaid,, and TO secure the payment {
said bonds by executing a mortga4
M torsdeed of trnst upon the water worl
vi; system Of said city, and.
Whereas, by a special act OF II
Legislature Of West Virginia. pas
ed at the regular session thereof Il
the year 1905, conferred upon sa
city, the power to issue and Sc
bonds for said purpose aforesaid, an
secure the same by placing a NOR
gage or deed of trust upon the waite
yorlis system of said city, therefore
Be II ordained by the Common cou
ell Of cityE Of Falrmont,
Section a /. That the said city
Fairmont do issue its bonds for ii
sun In the aggregate not to fexcee
one hundred and eighty thonsaI
dollars $3.50, 5000 which said bon,
4 shall be known and designated ,