The labor argus. [volume] (Charleston, W. Va.) 1906-1915, 1907-08-29

oLulndnce snail have been rao,,,o,
adopted by the said Common SnrnI:y,
Ut regular meeting thereof isswo ~;
non IN manner and form 80
aSluircu ny law, reclting this orJ;
nance. designating TUESDAY S oFul
Der 10th, 1907, as the day nnon ,',',ni
a special election shall he ba,I ', n
the foregoing purposes only Tba .oI
proclamation shall specify tba o s''u
gate amount of Indebtedness oS 81,
City issued and authorized cx;. |;'.u
at the date of the proclamation. amI
SAID proclamation shall be publisboI anu ~
an the newspapers published in ,ha
said City of Charleston for thirty fenV
days before the date fixed for the s,i,
specai electlon, and by posting such
notlce at the front door of tbo C;,i
Hall, of said City, for "A like nnriod
Therefore, pursuant to said "r,;
nance l, j. A. Holley, MAYOR Of the
CITY Of Charleston West Virginia do
hereby appoint Tuesday, Septemhar
the 10th, 1907, between the hours of
sunrise and sunset on that dov y,
the usual voting places in the ci,r
or Charleston, West Virginia. as tbs
ti1ne ana places at which y spec;,l
electlon shall be held by the qualified
voters of said City to decide Whether
|hey VIII ratify or reject said ordi.
ne SiSNSlS Sldll nave printed
on them For ratification" and "for re.
lection" and those desiring to vote
against the bonds shall erase tbo
words For ratification" and those de-
string to vote for the bonds shall erase
the words For rejection"
Inc bonds provided for in the above
ordinance shall not be issued unless
said ordinance shall have received
three-hfths (3-5) of all votes case for
ana against the same at said special
election.
STATE OF INDEBTEDNESS OF THE
CITY OF CHARLESTON,
WEST VIRGINIA.
value OF taxable property in the
City of Charleston, as ascertained nv /.
the last assessment, for the year 1907
real estate, 1907 SIS ,G75 OO
PERSONAL property ... 6,O3G, 42O0O !
property assessed by
State Board of Public
Works, 1907. 1.S37 3f4 Il
Value of taxable prop
erty, 1907 S23 ,549.72415
Statutory limitation of
municipal Indebtedness
2 1-2 per cent of the
above total ......S 5SS7i3lU
BONDED INDEBTEDNESS.
1879 per cent 20 year
hospital bonds ..S 100000
lS93 per cent 20 year
refunding bonds ...... 100000
1902 per cent 20 year
sire It improvement
bonds .............. 100000 |
l9o5 per cent 20 80
year Elk River bridge
ponds .-.........-... 100000 |
1907 1-2 per
cent Re-
funding. $1OO,OOO.OO
1907 4 IL per
cent Sewer 125,OOO.OO
1907 IL per
cent Bridge 100000 $50 100000
Total bonded indebted
ness 415,00OPV
Certificates of indebted
ness 249IUSJ \
Current accounts ..... 2933l5i
Total Indebtedness. IS ,4G9 .3Ol90
Less:
Claims in hands of City
and State officials for
street paving and
sewerage, which are
liens on real estate in
City of Charleston, as
follows:
City Sergeant. 2G.41G.5b
City Solicitor $500. 30.972.9l
State Auditor ... 14,172.H
City Treasurer $3.50. G4,109.O5
Cash in Treasury,
sinking fund $50. 7,GSS.2S
s143.359.66
Total Indebtedness. 325.9i2H
REHABILITATION
statutory limit of in
debtednesS ...-.......S 5SS,Ii5"
Iotal net Indebtedness 325,9i2-i
AMOUNT available within
the Statutory limit for
present bond issue. 262. 5000
Given ,,r..iss- CRY Q! {.