Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1907-06-11

tersection with Scott street tho sun
OF two thousand dollars ($2,OOO.OO);
for Improving, grading and paving
streets and alleys lying west OF Nor
Ger street and north OF the tracks
of the Norfolk and Western Railway
Company's tracks the sum OF Ave
thousand dollars (S5.0OO.OO). or so
much thereof as may be necessary;
and for general street improvements
the sum OF fourteen thousand dol
lars ($14.0O0.OO), provided that any
unexpected amount of said seventy
five thousand dollars whether the
same Is herein specifically appropriate
ed or not, may be used to complete
any of the work herein specifically
mentioned which may be begun and
the same returned TO the approprla-
ton from which Il is taken when the
funds are collected from such work
to which said sum is temporarily d.
verified; and any unexpected balance
OF any OF the amounts above Rp-
portioncd TO the respective street Inn
provoments, shall be expended I'm
street improvements I'm the same
general section OF the city from
which such uneNpended balance
arises; and OF which sum OF one hun
dred thousand dollars 100000
00), the sum of twenty-five thous-
and dollars shall be expended for
the purposes 90 extending and com
plotting the sewerage system OF said
City; that is TO say. for the purpose
of constructing I'm that part OF said
city north OF che Oacks OF the Nor
felix y Western Railway Company.
main sewers which shall be sum
Client 90 dispose OF the sewerage ON
said north side between Rock street
an The New East End overhead
bridg' the sum of twelve thousand
doll' C2.0OO.OO) and any bal
anco hereof remaining uncxpcndcd
shall be- applied to the construction
of lateral sewers on the north side
g. ".3 city, and for tho purpose OF
cNtond' ANA completing tho main
s,o,,s in that part OF said city ly-
ing south OF Valley Ridge. the sum of
thirteen thousand dollars, OF which
five thousand dollars shall be for a.
septic sewerage publication plant.
ho1 t,V 80.
unoNpondod shall be applied to the.
construction of lateral sewers I'm said
part or SAID city.
SECTION p The said bonds
shall be coupon, interest bearing
bonds at the rate of i've per cent
per annum, payable thirty 600 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 Amcr-
ca, ON the FIRST day of July in each
year
SECTION 3. The said bonds shall
be publicly sold to the hightst bid
der I'm writing. TO be approved by the
Board of Supervisors OF the said City
of Blucneld, who shall conduct the
sal" subject TO the direction OF the
Council for cash and shall not be-
sold for less than their par value.
SECTION T. Before the sale q,
the 1ii bonds, the time, place and
terms OF the same shall be advcrtls.
ed in some newspaper published n.
the said city OF Blueneld, for at least
four CD weeks previous to the date
Of sale.
SECTION 3. The said bonds shall
be Of the denomination Of one-hun-
drcd dollars C$1OO.OO) each, or OF
any multiple thereof, as the Cc4mcll
SECTION 6. The Council OF the
may deem best and most conductive
TO the best possible sale thereof.
said city OF BlueGcld 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 VIII be sum-
Client for the purpose Of liQuldaung
and paying the whole amount Of
the principal Of said bonds, then they