Evening journal. [volume] (Martinsburg, W. Va.) 1907-1913, 1907-11-04
Proclamation to the Voters of the
School District OF Marinsburg.
Notice of Bond Issue.

Notice of Bond Issue.
E Whereas there is urgent need CT aa-
ditionaI accommodation for the chill
drel Of school age in the CT = Ct Mar
tinsburg, Berkeley County, West vir-
ginia, and,
Whereas, the value of the ;aNaole
property in the school district Of Mar
Itinsburg, in said county ascersaired
by the assessment for state and coun-
ty taxes for the year 1907, was S5t7S,
1908, and the bond issue herein con-
templated, together with existins in
deptsdness, does not in the aggregate
exceed two and one-half pc. cenmm
on the value of such property as pro-
vided by law; and
! Whereas, the Board of Education Of
said district, pursuant to an Act OF the
Legislature of West Virginia passed
February 18th, 1907, did, on the 9th
day of May, 1907, submit for ratifica.
ton to the voters of said district a
proposition to issue bonds to the
amount of $5000o00 bearing interest
at the rate of four per ccntum per an.
mum for the purpose of paying exist
| ing indebtedness, building, complet-
ling, charging, remodeling and fur.
nishing school houses within said dis
ltrict; and whereas said proposition
was duly ratified by more than three
fifths of all the votes cast for and
against the same at the municipal cleo
ton at which the said submission was
made; and whereas said Board has NOT
been able to sell said bonds because
Iof the low rate Of interest. and deems
lit expedient to secure the authority
of the voters of said district to issue
said bonds at higher rate of inter-
est, and to make the optional redemp-
tion ten, instead of FIVE years as pro
yided in the former proclamation.
i Therefore be it Resolved, That the
| School District of Martinsburg do is
sue its bonds, pursuant to the author
Ity vested in the Bonrd OF Education
thereof by an Act of the Legislature
passed February 18th, 1907, to the as
Igregate amount of $5O,O00.oo for thu
purpose of paying existing indebted
hess, building, completing, enlarging
lremodeling and furnishing school
.|houses within said district as follows
lto-wit.
Il, l. To build and equip new schoo'
house on the Third Ward School House
Lot in said district.
4 2. To pay for the Addition made to
1.-THE Colored School House in the Sec
Iond Ward in said district.
/ 3. To pay for the heating apparatus
now being installed in the Second anc
Fourth Ward School Houses and fol-
repairs to the the heating apparatu
/ alre9dJ installed in the Fifth WARD
9-hool House, all in said district.
4. To build an Annex to the High
School in the Third Ward in said dis
trict
| s. To liquidate existing indebtedness
whether by outstanding bonds or 9th
erwise: and
6. To pay for any improvements to
the school buildings or property in
said district deemed necessary.
Said bonds shah be Of the denomi-
nation of $4,000 each, payable in
thirty years from their date at the T.
fee Of the sheriff. ex-ofTicio treasurer
Of said county, with interest Their on
from date at the rate of five per cent
tum per annum payable semi-annual-
ly upon presentation at said office of
the proper coupon thereto annexed
provided, however, that said bonds, or
any Of them, shall be redeemable at