Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-10-04
PROCLAMATION
To The Voters Of The School
District Martinsburg
NOTICE OF BOND ISSUE

Whereas there is urgent need Of additional
9ceo7nots J3on for the ch ldrsn OF school age
10 Tie city Of NartinSourg, Berkeley County
West Virginia. and
ehereas. the value OF the taxable property
10 4 ne scnoo. district OF Nartiasburg, in said
county, aScert2lned by the assessment Tor
STATE and county taxes for the year lScs, was
> esq. s., and the oond issue herein contaIll
pla 1eta, tsssethsr with existing Indebtedness
Goes not in tie aggregate xceed TWO snd one
nall per certnn on the value OF sueh properly
a. pIoN4Ce0 by law and
- hereas. the Beard Of Education Of said
district, pursuant 70 an Aci o. the LesiS lature
Ot "a est Virginia y SseG February i-th i50s
did on the 9Th day OF May 49,, submit ioT
r-tifis6 don 10 the voters o sad district pro
position 70 Issue bonaS 10 The amount Of So
~ ~ oeal3ns iuteres5 AZ the rate Of
PER CEN lB q PER ANNUM for the pur-
pose OF paying existing Indebtedness bnilc-
lpss pieti ag. charging. remQGel1ng sud
IuT a. hing Sshool houses within said district:
ans
Where's sid proposition Y rs duly rat ned
ey more tl-sa thret-l43BS OF al the Eot casi
Tor and asatust the same a. the mUnie pal
e.eellon az which the said submission WAS
Wheaess said Board has not been abe 10
Sell said bonus because vi tl3e low rate OF iu-
iersSi, and deems II expedient 10 secure The
said bonds at higher rate of interest ami to
IKE the opi30o2i redemp Ion ten, ms cad
q ave years as provided ia the former proc
THEREFORE BE IT RESOIED
that The School District of Martinsbarg do
issee its bonds, pursuant 10 the authority
Neste9 IN the board o5 Education thereof oy
az ST - t34e Legislature passed February
i2tb, 1877, 70 The aggregate amount Of ss0,s0o o.
iar the purpose Of Paying existing indebte d
ness, oul ding compel ing ,enisTg n g.remodel-
ing nc furnishing $4,000. houses within said
district as follows tl-is2t:
Z. To build aud 6 UP a rev school house
on the lhiId Ward SeP-cl House Lot in said
: To pay Tor the Addition made to tue Col
oreQ SeAoQ- House la the second Ward in
said district:
! pay Tor the heating apparatus now
being installed il the Second snd Fourth
Ward school houses ana Tor repats 10 the
Meeting ap AH0 us already installed in the
rum v arc school House, Mi IN said district:
!, To builG am Annex TO the High School N
the Third Wand in said district.
5. To hqGid9te existing Indebtedness
whether bX outstanding bonds or otherwise:
and
G. To pay tor any other Improvements to
the scho0i buildings or property in said ais
tIlCt deemed neN0Ss airy.
Said bonds shall De OF the denomination OF
sOa,s0 each, ps yaole in thirty years IRON their
GATE al the office OF the shenr exc fic,o treas
urer OF said county with interest thereon from
date at the rate OF FIVE per centum per an
mum payable seml-annually upon preSentsr
uon at said Office OF the proper coupon there
10 annexed; PRONlDED, however, that said
bonds, or any OF them, shall I e redeemable a,
the option OF the said Board al any time after
ter years nom their date al the maturity of
any Interest coupon thereto annexed upon a
notice OF the intention SO 10 redeem being
published once week Tor four successive
weeks IN some news paper published or of gen
eral cirer la'ion In said count J, and from the
date so fixed Ter such Tede m pt. on the interest
on such bonds shall cease said bonds sh II be
executed by the President ofthe Board of Ed
ucatlon OF said district. its corporate seal be
thereto affixed, atieSted by its secretary ana
the inter st coupons annexed thereto shall
bear the autographed or ens raved signature
of said seeretary:the y shan be numbered froui
one 10 one hundred conseeutlvely.
The said Board of Z ucation has already
provided by proper levy upon the taxable
property in said district for the collection o, a
direct annual tax sufficient 10 pay the annual
interest on said debt and the principal thereof
within thirty years
Resolved further, that Tuesday the 5th day
of November, 1907, be and the same is hereby
appointed as the day upon which an ell, elton
viii be held in said district of Martinsburg TO
decide whether or not the voters thereof viii
railfy said actor OF said Board OF Education
and authorize the issue of said.bonds as here
in provided; and that this resolution, To-
gether with a full accurate statement OF the
inancia' condition Of said district as show u
on the first day of July, 1907, be published
once week for four successive weess in the
Martinsbu g herald, the Statesman Demo-
crat, and the Evening Journal, newspapers
published in said district.
SAID Financial statement is in words and
ngureS following, to-wit:
STATEMENT, JULY LIST, 1907,
Total value OF taxable property
In lsvI, sJ,01S,190 e
Two and one-half per cent,
thereofis I26, a6s. II
Bonded Indebtedness, per cent. $500 Ok
Outs landing orders, 6 per cent. Isl6e
Outstanding orders pei cent. 1900 l
Total Indebtedness 5,6sl 0
BUILDING FUND
Balance on hand July /, 1907, s2,e64 Is
Tween y-two cent levy for 1907, IL, lz5 q
DEDUCTIONS
Estimated evpenses tor year
ending June 80, 1907 sli,03s 80
Eaiance 3,Cs96l
TEACHERS FUND
Balance on IA nd July 1907, 657 ,85
TWEEN weight cent lew for 1907 II 30 81
state School ind 1915 :
LEDUCT. ONS
Estimated expenses for the year
ending June 80, lsO5, sl9,25t q
Balance 10. !
BY order of Board of Education of the Scho /
District OF MartinseuTg. Sept. 80 81.
A. T. f SSLER, Pres.
". A. PIrZER, Sec
By order OF Board Of Education of the
SchOo District 0. MaluIsburg.
Sept % 1907.
A. T. RUsSLER, Pres.
W. A. PITZER, Sec.
\ ttua copy: