Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-05-03
Notice of Bond Issue.


in the city OF Aartinssurg, W. Va,
And, whereas, tne value OF the taxable prop
erty III said CITY, az ascsrlained by the ass
year 1906 was s., % -o,o,6oU
And, whereas, tho Oond issue herein con-
TEN plated together WIN lie existing indebt-
eaness Oh the lnuepenaen. Board OIL Educa-
ton The city Vi MAJ tinsburg, West vlr-
giala, does not exceed Two and one-naf per
eentum OF The value of Tue taxable property
In sald city, as SO aScsrtalneu-
Resolved Inat Tie 1nde pendent board OF
Education for the Cf,y oil Martlnspurg West
Virginia, GEMS it desirable 10 Issue bonds OF
sala beArd, anAel the authority OF the Acis OF
the Legislature OF West Virginia OF 1871, 10 the
aggregate amount OF Sol,uvv,0J for the pur-
pose vi building aau esuiplns school house
/ said CITY tts fslIuv S:
A New Third " ard Schsel building an
present site, e. lars1nS Colored School build
Ing; putting IN AeaJng apparatus in Second
snu foulth WAia buildings; paying OF In
ueDleuuess ana asdlng considerable I'M rove
m5uJ 10 the High school building,
Resolved: Nat all OF said bonus shall, be OF
the Denomination OF lve Hunared dollars, and
Multiples thereof. SAID bonds snail bear in
terest al the rate OF four (4) per cenfuM per
annum, payable annually on presentation of
the cou oAs attacA ed 10, and ISSUED Win SAID
bonds, TO The shsriff OF bel kelley county, West
Virginia, AZ his oInce in SAID City. said
bonds sn II De payable at the said offIce of sa d
shenff thirty years from their date.
Provided: thai they may De paid any time
after i've years rem the date thereof at the
pIeasuce OF said Board; anu this previso shall
be pressed IN JnS race OF the bonds.
he President OF said Board shall sign said
bonds on behalf of SAID Board, and snail at.
fix the csrpoI lie seal OF Sulu Board thereto
ana the Secretary of said Bo I'd snail co.. nIsr-
sign the same; ana the interest coupons at
J-ched 10 sa.o bonds. snail bear the litho-
grapheo or engraved signature of said Secre-
larry.
If this resolution shall be rattle. by three
fffths of tue Qualified voters of said City at
the election helein previaed for SAID Board
will, before Offering a-y Oh said BONDS for safe,
by proper levy upon The taxable property in
said City, provide Tor tn. collection OF an an.
nual direct tai sufficient TO pay, annually the
interest ON SAID bonds, and the principal
thereof within, ana not exceeding thirty
years,
The 9th day of May, 1907, is hereby APP
pointed as the day upon which an electro d
shall be held by the Qualified voters of said
City, decide whether tn will ratiiy or ia
ject this resolution; ana this resolution, to-
:ether with a ~ and accurate statement
OF the financial csndltion Of said Board,
as TO both Teachers Fund and Build
ing Fund, SAID resolution and SAID staten ent
to be attesed by the Preside mt ana Secretary
OF SAID L. ard, snail be published in all the
newspapers in said City, once week for foul
weeks previous to the Gay of said election; the
fact of such publication 10 be verified by the
aEidavlts OF the puollshels or manager OF
salo news news papers ana SAID anaavits u
tary, together with the certificate show
| ing the result of said election.
statement, April 22 1867.
Total value OF taxable property
in 1906 s4,s35,546,s q
| 2 "a per cent thereof is lleSsS6 s;
| Bonded Indebtedness per cent, 50, soc, &
! Outs anding order per cent. 1850
Ontstan ding oroers per cont. 1850, OK
Total Indebtedness s5,esl, o.
Building Fund
Balaoce GA hand July /, 1876 81, ~, 81
| Twenty cents levy Tor 1906 S,672,5i
sj0Co,l
| Deductions
| Sundry orders, including Second
Ward Annex S6,21O.6
| Estimated delinqus nts generations
| and sheriff S COMMISSIONS 6OO,O
Estimated for balance of year to
| July 1. 1907
l,ooo,o
s7.slO.6
Balance 2,os9,4
| Teachers Fund
Twenty-Five cents levy for 1906 slo.siss
state fund 5000
sl6I45,8
i, 1905 sia,66 s15.72o6
Deductions
Paid TO teachers to this
Estimated to July /, 1907 2,5l0,s0
| Estip ated delinquents,
eXonsration and sheriff7s
commission 10000
slssso.o
Due sheriff, July L. 1887 sz09,S
By Order of tho Board
A. SSLER,
Pre- sident
w. A. PITZER,
| Secretary