The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-02-17

lSlkUGL u jim
.aY rs dAYo il, o + ii r. CITY OF
AIR N ST. lRelN
Whereas, at q regular meeting Of
the Common Council Of the City OF
Fairmont, West Virginia, held lat the
council chamber Of said city, on the
sth day Of February, 1906, an ordl:
nance entitled "An. ordinance 5provid-
ing for the Issue and sale OF munich
pal bonds in the aggregate not ex-
,ceeding one hundred and eighty thou.
sand dollars, for the purpose Of rails
ing necessary funds TO pay for i'm.
proyements and extensions hereto.
fore made to the water works .sys:
tom Of the City Of Fairmont, county
OF Marion, West Virginia, and paying
off and dIscharglng oil Just outstanding
claims debts, dues and demands and
,allSother evidences of debt Of every
kind and nature arising out Of the
construction 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 bonds, by executing a mortgage
or deed OF trust upon the general wa
tier 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,l and
equipments that are used in the sue
cessful operation therof," was duly
adopted and passed by said council,
and is in the words and figures fol-
lowing, 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,
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
A Virginia, and paying off and dlscharg.
4 Ing all Just outstanding claims, debts,
dues, and demands, and all other evil
dences Of debt of every kind and M
ture arising out Of the construction
of the reservoir and filtration plant
owned by said city, located on what
!. Is known Us Log Cabin Hill, and Sc
cure the payments OF said bonds by
executing mortgage or q deed Of
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
J with, and oil tools, apparatuses, ant
equipments that are used in the sue
cessful operation thereof.
Whereas, that the city has about
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 thu
supply of pure, water for the inhabi
tants of the city for nominal rat,
: or charge therefor, and,
Whereas, by reason of the con
! structioa Of the reservoir and tiltra
: ton plant and making said extensions
and improvements to the general wa
ter system as aforesaid. the city ha
made large expenditures of none,
and incurred considerable indebted
! ness which said Indebtedness nov
approxlmates the sum Of one hul
dred and flfty-Hve thousand dollar
: (Sl55,000), and
G Whereas, there are no means avail
!. able from the usual sources Of raj!
e Ing revenues by taxation out Of whic
i said Indebtedness can be paid, and,
t Whereas, 1t is deemed eypedler
il that the city should issue and Sc
0 It's bonds to provide for money SUI
G Client 10 iiquldate said indebtedness
4 and expenses for The purposes afor
i said and to secure the payment
S said bonds by executing mortgaG
;, o. decd Of trnstupon the water Wort
e 5ystem Of said city, and,
:; Whereas, BY a special act OF Il
II Legislature Of West Virginia. pas
/. ed at the regular session thereof II
is The year 1905, conferred upon sd
" oily, the power to Issue and Sc
IS bonds for said purpose aforesaid, al
:. 10 secure the same by placing MOI
+. gage or deed OF trust upon the wat
u works cystpn1 nr SnId city thnrnrnrI