Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1908-10-17

! 'F- DRE- r - II a&tC -
for improvements to school buildings
heretofore made, Is s~5,GSI.O0; thai
ample provision has been made by
the Board for the collection Of a III
rect annual tax upon the property in
said district sufficient to pay said in
~debtedness; that the sum Of s1.250.
placed TO he credit of the proposed
sinking fund with which to discharge
the first six months interest on the
said bonds-such interest being nav
able July list, 1909.
1t is hereby further certified tina
the limits Of the Independent SchooH
District of Martinsburg aforesaid and
the said town OF Martinsburg, in said
county, are c~o-extensive and embrace
the same territory. and that there is
IN sald town at thi time an enumer
alton OF youth of school age of three
hundred and over. and an actual
enumeration for the current year OF
two thousand four hundred and eighty
nine.
The said Board of Education. being
OF opinion that the maximum rate of
levy provided for in section twenty
N Of said Chapter ~, Acts of the
Legislature for the year 1908, will not
produce sufficient fund to pay the in
terest on such bonded Indebtedness
and provide a sinking fund for the
discharge of the principal in the num-
Der Of Years authorized by the Issue
OF said bonds, 1t is therefore further
ordered that a maximum special bond
levy OF ten cents IN each one hundred
dollars OF the assessed valuation of
the taxable property in said district,
according to the last assessment
thereof, or such portion of such levy
as is necessary, be laid upon such
property for the year 1909 to paw the
interest and provide such sinking
fund, and a like maximum special
bond levy, OF such portion thereof as
is necessary, be thereafter SO laid.
from year to year, without an addi-
tional vote, until such bonded iniebt-
edness is paid off and discharged:
but the funds arising from such levy
SHAH be used for the purpose. herein
designated and no other; and the
question OF such levy shall be sub
mitted and is hereby ordered to be
submitted to the voters of said dis
trict at the general election to be held
therein on the 3rd day of November,
1908, at which election shall also be
submitted to such voters all questions
connected with the issue of said
bonds.
The Board certifes to the correct
ness of the following:
FINANCIAL STATEMENT.
Sinking Fund.
Bal. July /, 1908, 5 1854
1908 levy CEstimated) 11,4S3.5S
Total $12,S5S.92
Estimated expend-
lures for ear
ending June 80,
1909 $12.S19.S2
Balance per contra 1910
Total $12,S5S.92
Sinking Fund.
Collected or payment OF first
six month interest on pro-
posed bond issue of $50, 900 $1,250.00
And it is now further ordered that
all questions connected with such
DOHu SSue ana lie "dCtluS VI lHt
debt evidenced thereby, as the same
are set forth in this order, together
with an questions touching the spec
ial bond levy hereinbefore particular
ly set out, be submitted to a vote of
the people and voters of said district
at the general election to be held
therein on the Ord day OF November,
1908. and that notice thereof be given
to the said people and voters by pub
| location of this order at least once
in each week for two successive
weeks before said election in the Mar
tinsburg Statesman-Democrat and in
the Martinsburg Herald, respectively,
two newspapers of opposite politics OF
| general circulation in said district,
| and printed copies of said order shall
be posted at each place of voting in
| said district at least ten days before
the election.
Done at Martinsburg, in said dis
trict, this 18th day of October, A. d.
1908.
! CCogned) c. A. YOUNG. Pres.
Board of Ed. Ind. Dist.
M~artinsburg, Berkeley
corporate SeaD Co. W.. va
w. A. PITZER, Sec.
A true copy: Tests:
w. A. PRTZER, Sec.