Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-05-17
Notice of Bond Issue.

a.
accommodation Tor the childl en- of school age
/ IN the city OF Martlnsburg, w. Va,
And, whereas, the value OF The taxable prom
erly ia said Slty, as ascerta,ned by the ass
esshhenb ior state and county taxes for the
! year 1906 was $3.50, 400
Anui whereas, the uond issue herein con-
TEN plated, together with Tie existing lndebl-
edness OF the Independent Board Oh Educa-
tlon + The city of Martinsburg, West V1r-
gina, aoes not exceed two and ene-haH per
centum oil the value of the taxable property
in sa1G city, as SO ascertained-
Resolved: That the independent Board Oh
Education Tor The Ci.y OF Martinsburg, West
sa10 Board, anuer the authority oil the Acis of
the Legislature OF West Virginia oil N Z 10 the
aggregate amount OF S55,uO.,o, Tor Inc pur-
pose OF building aao equiptns school house
In said City de follow s:
A New Third Ward School building on
present site; charging Colored Scnool build
ing putlns IA heating apparatus in Second
ana Fourth WAtd buildings; paying of IN
deDtedness and adding considerable i'm uroye-
ment 10 Inc High school building
Resolved: That all OF said bonus shalt be OF
Inc denomination OF tive hundred dollars, and
nult1ples thereof. Said bonds snail bear in
terest al the rate OF Iour "a per centum per
annum, payable annually ON presentation OF
the coupons atlacued to, and issued with said
bonds, 10 tns sheriff OF Berkeley county, West
virginia, at his Office in said City Said
bonds sh IL be payable at Jne said office of sa d
| sheriH thirty years from their date.
ffovlded: tuat they may De paid any time
aitef HVe years from the uaLe thereof at The
pleasuce of SAID Board; anu this proviso shall
pc e4 pressed Ia the face OF the bonds
The President OF SAID Board shall sign said
bonds on behalf OF sad Board, and snail az
| TX tne corporate seal OF said Board thereto.
ana Jhe Secretary OF said 30 ri Snail counter
sign the same; and the lnteies coupons al
| hcheu 10 satu ponos snaIl bear tue lftho-
grapneo or engraved signature OF said Secre-
LAZY.
II this resolution shall be ratifee by three
nItns OF TIE Qualified voters OF said 1ity at
The election he1ein provided Tor SAID Board
viii, before offering OF said bonus for SAFE,
by proper l9vy upon The taxable property in
saIo City, provide Tor The collection oil AN an
nuai direct tax sufficient 10 pay annually tine.
Interest on sad bonds, ana The priuClual
lhereoi within, ana not exceeding thirty
years,
/ The 18th day OF May, 1907, is hereby ap-
poluted as the day upon winch an elect. ON
snail oe hela by the qualifiea voters OF said
| Ivy ueclue whether IN will ratify or Ie-
Ject Inns resolution; anu tnls resolution, to-
Setner with a t.. and accurate statement
oI The financial condition of said hoard
as TO both Teachers Fund ara BuId-
ing Fund, SAID resolution and SAID statement
To De attesied by The tIesid. Mt ana Secretary
OF SUD board, snail be published in all The
| newspapers III SAID City, once a week for four
weeks previous to the Gay OF said e. ectlon:the
TACT OF such publication 10 be verified by the
aL1davlts OF the PUBLISHERS or mauaeer, OF
saio newspapers. ana said anuavits to
be carefully preserved oy said secre-
tary, together with the certificate show
| Ing the Jesuit of said eecIlon
statement, April %, 1907.
Total value OF taxable property
| in 1906 g. 9s5 5A6 ma
"a per cent. thereof is IIS'3.S e.
| Bonded Indebtedness per cent ~ 51f no
| outs ,anding order pei cent. ISI6O0
Outstanding orders per cont. $4,000
Total Indebtedness s5,es1,O
Building Fund
| Baladce GA hand July /, 1865 81
| twenty cents levy Tor 1906 1862, ST
$.,9OOn
Sundry orders, including second
H., Ward Annex s6,2lO64
and sheriffs commissions 60OOO
| Estimated for balance of year to
| July /, 1907
1000, 90
s7,Sl0,64
Balance 2,Oss,47
Twenty five cents levy for 1906 s1o.s43 s5
state fund $50, 20
pa,.no o.,s slel1,95
,I9o6 si2i,66 s15,72O,69
Deductions
Paid to teachers to this
| date Sl2c9oae
Estimated to July l, 1907 2,5l0eo
Estip' ated delinquents,
| eXoneration and sheriff7s
commission l2OOOO
sls,sSoOO
Due sheriff, July l, 1867 s209. 81
By Order of tho Board
A. T. RUSSLER,
w A. PITzER, eSiuen'
/ Secretary