The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1908-12-05
For Water Works and Sewer
age System Improve
ments in the City
IS PAssEDI BY COUNCIL
Special Election is toBe Pros
claimed by Mayor at
IAN Early Date.

EEA4l La y-4SetSs
At Friday nights session of the
city council the water works Improve
nent and sewerage bond ordinance
was amended and adopted as follows
By full vote Of the council:
An Ordinance, providing for the
issue OF bonds by the City Of Clarks-
burg. and the sale or the same. to
provide funds to be used for the pur-
POSES following, to-wtt:
CD To improve and extend the
present city water works system, to
the amount OF seventy thousand
$50, 100000 dollars; and
CD To improve and extend the
sewer system of the city to the
amount of fifty thousand 1850. OOO)
dollars, making a total of one hund-
red and twenty thousand ($120,00O)
dollars for said purposes, and also
providing for the application of the
proceeds thus derived to the purposes
aforesaid.
whereas, The Council of the City
OF CIarksburg find st necessary and
expedfent for the comfort, health and
welI-being of the people of the city
to improve and extend the present
water works system, and to extend
and improve the sewer system of the
city. and,
Whereas, It is not possible to pro-
vide sufficient funds for said pur-
poses, within the period in which
same are required, by annual levfes
on the taxable property in said city
within the limits prescribed by law
for leyies and assessments for munic-
ipal purposes, and the only lawful
manner in which such necessary
funds for said purposes can he pro-
cured is by the issue and sale OF the
bonds of the city In pursuance of the
Statutes Of the State of West Vtr-
ginia in such cases made and pro-
vlded:
Therefore. ae e ordained by the
Council OF the City OF Clarksburg:
First: That, In order to procure
funds to the amount of one hundred
and twenty thousand C$120,OOO-0o)
dollars. to be expended for the Dur-
poses following, to-wft: CD To fm-I
prove and extend the present city
water works system to the extent of
Thousand CS70,Oo0.00) doll
lars; and % To improve and extend
the sewer system of the city to the
amount of fifty thousand C$50,0OO0 !
dollars, making total of one humid
red and twenty thousand ($12O,-
OO1.oO) dollars for said purposes, the
City of Clarksburg to issue single
series of its bonds to be $nown as
the Water Works Improvement and |
Sewerage Bonds" of the -denomina- |
tIon CT one thousand C$1,000.0O) |
iollars each. to be numbered consecu- |
lively from one % to one hundred
and twenty (12O) both inclusive, and I
Of the aggregate amount of one hundt
red and twenty thousand ($120, ooo) i
dollars, bearing date on the first dag |
of March. 1909, and payable to bear
err on the first day of March, 1899.
in gold coin of the United States, or
the present weight and standard Of
1neness, at the Empire National
Bank of Clarksburg. at ClarksburS.
West Virginia, and bearing Interest,"
1t the rate of Ave (5) per Centum
Der annum from the date thereof un-
til paid, such interest being payable
annually on the first day of March OF
each year. Said bonds shall be
signed by the Mayor and by the City
Clerk of said City of Clarkshurg and
shall have affixed thereto the seal OF
The said city OF Clarksburg, and in
.erest coupons for each interest pay
nent. bearing engraved fac smile
signatures of the Mayor and Of the
City Clerk of said City. shall be at
.ached to each of said bonds. The
whole series of said bonds, and every
BART thereof, shall be subject to call
md redemption at the price of par
md accrued interest to the date OF
such call then unpaid, on any interest
lay subsequent to the first day of
March, 1919; Porvided. however,
hat the bonds 10 be so redeemed 4
hail be selected by lot and the right
% redeem Snail be exercised by the
City only after due notice to the
iolder or holders thereof; either In!
person or by publication for four
weeks In some newspaper published
n the City of Clarksburg. OF the de- /
ire OF the city to redeem said bonds;
md all of said bonds shall contain
upon their face a provision to the
fleet aforesaid, as we'll as a provis- {
on exemDting said bonds from taxa {
ion by the City OF Clarksburg for !
municipal nurposes And when the J
5ity of CIarksburg shall have noti- /
led the holder or holders OF said {
,onds, or of any Of them, SO ascer-
aimed by lot, of It's election to re- /
Ieem the same after the date afore- {
aid, as flereinbefore provided, and I
hall have deposited at the said EN- s
Dire National Bank OF Clarksburg q c