Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1908-01-28
A PROCLAMATION.


county or Mercer. a corporation. oil
the 4th day OF January. 1905, dull
passed an order and resolution pro
viding for the issuance and sale o
coupon bonds OF said board OF edu
cation OF the district OF Beaver Pom,
IN the county OF Mercer I'm the sun
OF One Hundred and Fifty THOUSAND
Dollars ($l50.0oO), ana which orde
and resolution is in the words ant
/ figures following. to-wit:
An order and resolution providing
Tor the Issuance and sale OF coupon
bonds 10 the amount of $15O,OOO o
the board OF education OF the distric
OF Beaver Pond in the county OF Mer
/ Ger. for the purpose OF building. com
| pleting. enlarging. repairing and fur
Wishing schoolhouses In the city o.
Bluefleld. a municipal corporation
| situate within the said district o.
7 Beaver Pond In the county OF Mercer
Whereas. The City OF Bluefield Is {
municipal corporation. situate I'm tn,
district OF Beaver Pond. In the coun,
~ OF Mercer. West Virginia. havinl
an enumeration of youth of schoo
age OF over 800: and.
whereas. IL Is necessary In orde:
to properly provide, equip. furnish
and repair the buildings necessary foI
the use OF the free schools of said
city OF Bluefield 10 issue and sell cou.
pom bonds OF the said board OF educa-
ton OF the district of Beaver Pond
In the county OF Mercer, to the
! amount OF $4,000: and.
Whereas, Two and a half percent
! um OF the taxable property within the
said district OF Beaver Pond. ascer-
tanned by the last assessment thereof
for state and county taxes. is In ex-
cess OF the said sum OF $4,000; and
Whereas, There is no existing in
debtedness OF the said board OF edu-
cation OF the district OF Beaver Pond
In the county OF Mercer;
Now. therefore, be 1t ordered and re-
solved by the board OF education OF
the district OF Beaver Pond, in the
county OF Mercer. as follows:
Section /. That coupon bonds OF
the board OF education OF the district
OF Beaver Pond. in the county of
Mercer. amounting I'm the aggregate
10 the sum OF $3.50. 900, be issued fol
the purpose OF building. completing
enlarging. repairing and furnishing
schoolhouses within the city OF Blue
field, In the district OF Beaver Pond
N the county OF Mercer; OF which
sum OF $150,000 there Is hereby APP
proprlated for the purpose OF build
ing, completing and furnishing. with
In the said city of Bluefleld, in sale
district of Beaver. Pond, In the county
OF Mercer, a high school building, tho
sum OF $125.000; and OF which sun
0f $4,000 there IL hereby appro
priated for the purpose OF building
completing and furnishing a school
building for the use OF the white pu
pills within the said city OF Blueheld
in the east end OF said city, the sun
OF $4,000; and OF which sum OF $3.50.
900 there is hereby appropriated foi
the purpose OF building, completing
and furnishing a building for the use
OF white pupils, on the north side o.
the Norfolk & Western Railway Com
pany's tracks, in the west end OF
the said city Of Bluefleld. in the said
district OF Beaver Pond, the sum o.
"a, 600; and of which sum OF $150,00C
there is hereby appropriated for tn
purpose OF building, completing am
furnishing a building for the use oil
colored pupils. said building 10 be
located on the north side OF the Nor
folk & Western Railway Company
tracks, I'm the west end OF the sale
city OF Bluefleld. in said district OF
Beaver Pond, the sum of $4,000; ant
OF which sum of $4,000 there Is
hereby appropriated for the purpos
OF building. completing and furnish
ing a building for the white pupils
said building TO be situated on thu
south side OF the Norfolk g. WesterI
Railway COmpany's tracks, In th'
west end OF the said city OF Bluefeld
in said district OF Beaver Pond. tho
sum OF So 900: and OF which sum OF
$3.50, 900 there is hereby appropriated
for the purpose Of building complet.
ing and furnishing building fOI
white pupils. said building 10 be sit
uated in what is known as Alifftown
in tie said city OF Bluefeld In the
said district OF Beaver Pond, the sun
$1,000; and OF which sum OF $780,
300 there Is hereby appropriated foi
the purpose Of repairing, altering, re-
modelling and refurnishing the schoo
buildings already constructed In thu
said city OF Bluefeld. in said district
OF Beaver Pond. the sum OF $4,000
Section 2. The said bonds shall b
coupon, interesting bearing bonds
the rate OF peTcentum per annum
payable twenty years after date n
legal tender gold coin OF the United
states OF America. and the interest
thereon shall be payable annually III
legal tender gold coin OF the United
states OF America on the lst day o.
March ot each year.
Section 3. The said bonds shall b.
publicly sold To the highest bidder II
writing, TO be approved by the sale
board OF education OF the district O
Beaver Pond, in the county OF Mer
Ger. who shall conduct the sale there.
OF for cash and shall not be sold FOR
less than their par value.
Section {. Before the sale OF tn
said bonds. the time. place and term
OF sale thereof shall be advertised II
some newspaper published In the city
Of Bluefield, for at least four week
previous TO the date OF sale.
Section 5 The said bonds shall BE-
OF the denomination OF 800 each, OF
OF any multiple thereof, as the sale
board OF education may deem best
and most conducive 70 the best pos
sible sale thereof.
Section. s. The said board Of sdu-
cation OF the said district OF Beaver
Pond, in the county Of Mercer. shall
annually make a levy for a sufficient
amount TO pay the interest on said
bonds, as the same shall fGll due. anc
shall also create a sinking fund
which will be sufficient for the pur
pose OF liquldating and paying thu
whole amount 81 the principal d said
bonds. when they shall become due
and arrive at maturity az aforesaid
and for the raising Of said funds for
! the purpose aforesaid. the rate Of
taxation may be increased not ex-
ceedlng the limit prescribed by law.
Section Z. The amount Of the levy