The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-02-18

w me tSa va CIV ttiitl II
sald city shalt by an order Of its
Common Council. have tile tight satII
a ~ time; aft er The xplraton sof Ave-
years from the date Of said bonds
and ut such times tas acerueds interest E
istdue and payable thereon, to- cali I'm
and pay of, discharge and redeem
same, or any part thereof, and dis
charge itself from any further la: L
bllitys arising irons said bonds 50
paid off and redeemed by the pay
ment Of the principal and interest due
thereon, to the date Of the said pay
mcnt, and shall contain the further
provision that said city by order Of its
Common Council shall wheneyerit
desires 10 call in any Of the said
bonds for the purpose Of paying OF
and redeeming them; or any part
thereof, direct the water committee
or water board Of said city 10 draw
by lot from a list Of numbers TO be
prepared by the city clerk, CORE:
spending to those Of the bonds yet
at the time outstanding, and notice
OF the fact that such bonds have
been thus drawn and selected for re.
Idemptlon shall be given to the hold;
ers thereof in the manner following,
to,wlt: The city clerk shall prepare
a list OF such bonds as have been Sc.
1ected for redemption in tie manner
aforesaid and at least one month prior
to the next period for the payment Of
interest on said bonds he shall cause
such list to be published for four (4)
consecutive weeks in one or more
newspapers of general circulation in
said city, recitlng the drawing by lot
Of said bonds, for redemption, and no.
Z tifylng the holders thereof TO present
said bonds for payment of the princi.
pal thereof and all accrued interest
thereon, at the office OF said city
clerk, at the next succeeding period
or time named in the coupons OF
: said bonds for the payment of inter
!, est, and further notifying said holders
: Of said bonds thus selected for re
:, demptiont that interest on said bonds
:. will cease thereafter; which said lis
:. and notice when published as afore
said shall be equivalent to persona
! service on any holder or holders o
said bonds SO selected to be redeem
:. ed; and the interest on said bond
:. shall at the next succeeding perio'
;. for the payment thereof thereafte
cease.
Said bonds shall contain the furthe
:, provision, that all Of said bonds ar
:, equally secured by certain first NOR
!. gage or deed of trust upon the waite
: works, and water works system, c
: said city, which said mortgage 9
!, deed of trust shall be sufficiently d.
: scribed in said bonds for idenufic,
), ton, and that said bonds are issue
: and held subject to the provision
7 terms, and conditions set forth
said mortgage or deed Of trust.
- The form of said bonds shall be 6
:. follows:
- :. UNITED STATES OF AMERICA.
m State Of West Virginia, Count
he OF Marion, Fairmont Water Work
bi. Mortgage Bonds.
tie First mortgage 6 per cent. 80 We
bond.
N. Mo- $1,000
ra. For value received. City of Fa
ms mont, municipal corporation Of i
w. State Of West Virginia, promises
las pay to the bearer, or, II this bond
ev registered then to- the registered no
cd. er thereof, at the office Of the ci
ow clerk, Of the said City Of Fairmo
nm. in the county of Marion, State
ars West Virginia, the sum of five III
dred dollars (s5OO.OO), in gold coin
oi,. the United States of America, of,
mis-. equal to the present standard
ich weight and fineness, on the first
ID. of May, which will be in the year
emit thousand, nine hundred and THU
soil five, and to pay interest thereon fir
nm. the first day Of May, 1905, at the r
ess of per centum per annum in
GRO. coin semi.annually on the first d
Of of May and November in each
.are until said principal sum shall be
,rks ly paid, upon presentation and
render, at the office aforesaid, Of
The interest coupons hereto annexed,
mss. the same become due respectivel,
for This bond is one of the series
said issue of three hundred and S
sell (3GO) bonds of said City of Farm
and OF like amount tenor and date II
mort. bered consecutively from one to Il
,otor hundred and sixty, both numbers
,ore elusive, and amounting in tho ae