Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1907-06-05

construction OF lateral sewers in said
part OF sad City.
SECTION 2. The said bonds
shall be coupon. interest bearing
bonds at the rate OF five per cent
per annum. payable thirty 800 years
after date. in legal tender gold coin
of the United States of America,
and the interest thereon shall be
payable annually in legal tender gold
coin Of the United States OF Amerl-
ca. on the first day OF July in each
year.
SECTION 3. The said bonds shall
be publicly sold TO the hightst bid
der in writing. to be approved by the
Board Of Supervisors Of the said City
OF Bluefield, who shall conduct the
sale subject TO the direction OF the
Council. for cash and shall not be
sold for less than Heir par value
SECTION 4. Before the sale OF
the said bonds, the time. place and
terms OF the same shall be advertis-
. W IL 'Dih' h'" obdD tlf DlDllonfu III
the said City OF BlueReld for at least
four (D weeks previous to the date
OF sale.
/ SECTION 3. The said bonds shall
/ be Of the denomination Of one-hun-
dred dollars (s1OO.OO) each, or of
any multiple thereof, as the Council
may deem best and most conductive
to the best possible sale thereof.
/ SECTION 6. The Council OF the
said City OF Bluefeld shall annually
make levy for sufficient amount
to pay the interest on the said bonds,
as the same shall fall due, and shall
also create a sinking fund for the
purpose of and which will be sufR-
cient for the purpose of liquldating
and paying the whole amount OF
| the principal of said bonds. then they
shall become due and arrive at ma
turity as aforesaid, and. for the rails
ing OF the said fund for the purpos-
es aforesaid, the rate of taxation
may be increased, not exceeding the
limit prescribed by law.
SECTION Z. The amount of the
levy aforesaid shall be collected by
a direct annual tax, upon all Of the
property subject by law to taxation
within the said City OF Bluefeld
which shall be collected in the same
manner and by the same officers that
other taxes are collected with and
for me said City of Bluefeld, by vir-
tue of its corporate authority.
SECTION s. The Treasurer and
his suretes shall be liable in the
manner prescribed by law for the
levies so made to pay the interest on
said bonds, and to provide sinking
fund for the redemption thereof and
the said funds shall be nnder the
control Of the Council and Board OF
Supervisors of said City, to be APP
piled to the purposes hereinbefore
directed.
SECTION 0. The Mayor of the
said City of Bluefield shall issue a
proclamation in the manner pre-
scribed by law, reciting this ordi-
nance and appointing a day on which
an election shall be held by the quail
flied voters of the said City of Blue
field in the manner prescribed by
law, to decide whether mey will rati-
iy or reject this ordinance, and said
election shall be held for the purpose
only of voting on this ordinance.
SECTION 10. Said proclamation
shall be published in all of the news
papers published in said City of Blue
field, at least once a week for two
weeks previous TO the day of cleo
ton. and the said election shall be
conducted in all things. i'm accor-
dance with the laws in force govern
ing such elections and the provisions
of the Charter of the said CITY OF
Bluefield i'm regard to elections to be
held in said city, and the persons
voting for ratification Of this ordi-
nance SHAH have written or printed
| upon their ballots "for ratification"
and the persons voting against the
ratification. shall have written or
printed upon their ballots FOR rejec-
ton and the said collection shall be
heId in the respective wards OF the
said City and shall be held under the
supervision Of three inspectors in
each ward
SECTION If. The following in
| spectors i'm the respective wards are
hereby appointed. to-wit:
For Ward 40. I. w. J. Newenham.
| r. t. Bowman. w. T.. MeArter.
For ward Q II. r. shelton, w
/ w. Kersey r L. Melcher.
For Ward no. 3. J. II. Gollehon.
| J. p. Ritz. o c. jenkins.
For Ward no. 4. D. 70 Baldwin,
~ ~ samoth W. G. Terrell.
For ward no s. p. J. Ashworth
j. S Kahlc. a. IT. Land.
For Ward so. g. G. O'Leary. =. r
Pctcrman j. w Reid
For Ward SO. n. j Thomas J.
T. Hall j. Vs. Dunnegan
For Ward SO. g. c. w Talbert r.