The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-02-13
PROCLAMATION
THE tAYoR OF THE CITY OF:
Al RM ONT, WEST. VIRGINIA. q

q \ 4
Whereas, at a regular meeting OF
the Common Council Of the City of
Fairmont, West Virginia, held at the
council chamber OF said city, on the
Sth day OF February, 1905, an ordl.
nance entitled IAN ordinance proyid-
Ing. for the issue and sale OF munich.
pal bonds In tho aggregate not eX-.
ceedlng one hundred and eighty thou.
sand dollars, for the purpose OF rails.
Ing necessary funds to pay for i'm
proyements und extensions hereto
fore made TO the water works sys.
TEN Of the City Of Fairmont, county
of Marion, West Virginia, and paying
off and dischnrglng all Just outstanding
claims debts, dues and demands and
all other evidences Of debt OF every
Kind and nature arising out of the
construction OF the reservoir and a..
tratlon plant owned by said city, 10
Gated on what Is known as Log Cabin
Hill, and TO secure the payment OF
said bonds, by executing mortgage
or deed OF trust upon the general wa
ter system Of the city including the
reservoir and filtration plant, located
on said Log Cabin Hill, and all pipes,
sewers, valves, engines, pumps and
other fixtures In connection there.
with, and all tools, apparatuses, and
equipments that are used In the sue.
cessful operation Thereof" was duly
adopted and passed by said council,
and is in the words and figures fol.
lowing, that is to say:
Passed February 9, 1905.
An ordinance providing for the is.
sue and sale of municipal bonds in
the aggregate not exceeding one hun
bred and eighty thousand dollars
for the purpose of raising necessary
funds TO pay for improvements, and
extensions heretofore made to the
water works system of the city OF
Fairmont, county of Marion, West
Virginia, aud paying off and dlscharg'
ing all Just outstanding claims, debts
dues, and demands, and all other evil
dences OF debt of every kind and ma
ture arising out Of the construction
of the reservoir and filtration plant
owned by said city, located on what
is known as Log Cabin Hill, and Sc
cure the payments Of said bonds by
executing a mortgage or a decd oil
trust upon the general water system
of the city, including the reservoir
and filtration plant, located on the
said Log Cabin Hill, and all pipes
sewers, valves, engines, pumps. ant
other fixtures in connection there
with, and all tools. apparatuscs, ant
equipments that are used in the sue
cessful operation thereof.
Whereas, that the city has abou
completed a reservoir and filtration
plant on Log Cabin Hill, and ha!
made large improvements and ex
tensions to the general water system
of the city, and has provided for thl
supply of pure water for the lnhabl
tants Of the city for nominal rat,
or charge therefor, and,
I Whereas, by reason of the con
structlon of the reservoir and flltra
ton plant and making said extension
and improvements to the general va
ter system as aforesaid, the city ha
made large expenditures of none.
, and incurred considerable indebted
ness which said indebtedness no,
approximatcs the sum of one hun
bred and fifty-five thousand dollar
). tS155.OOO), and
Whereas, there are no means avail
able from the usual sources Of raj
ing revenues by taxation out Of whic
said Indebtedness can be paid, and
n Whereas, it is deemed expedier
l. that the city should issue and sc
y its bonds to provide for money SUI
cicnt 10 liquidate said indebtedness
e and expenses for the purposes afor
n said, and 10 secure the payment
NJ said bonds by executing mortgat
1t or decd of trust upon the water worl
j. system of said city, and,
a Whereas, by special act of Il
Is Legislature Of West Virginia, pas
I'd cd at the regular session thereof +
lie the year 1905, conferred upon sa
city, the power to issue and S,
IS bonds for said purpose aforesaid, al
at 10 secure the same by placing mo
gage or deed OF trust upon the wat
til works system Of said city, therefor
Be It ordained by the Common Col
70 ell Of City Of Fairmont,
Section /. That the said city
~ Fairmont do issue its bonds for I
sum in the aggregate not to exec
nH one hundred and eighty thOusa