West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1908-10-29
Proclamation and Notice Of Bead
Issue and Levy.

To The Qualified Voters Of Reno District County
o. of Irenton. and State q West Virginia:
TAKE NOTICE
That at a LEGAL meeting 81 the Board .sf Educa-
ton OF Reno district In the county Of Preston and
state Of West Virginia. held the 18th day Of
July, TO- the i9iiovin crdsr WAS adopted and
The Board 81 Eoucaticn n j.. - IiaSfict. in the
county II PrVst9n. sHd stat. pf Nest Nif. iuia in
legal cetiEE conN CEoo b,.s i..s, that - eorn-
mOdat, the youths ~ t.ooi Z. rcsidiug ia said
district eeesa.,y s.iets iOr attw school build
INK In thc town Of Row lbur. said t<Wn being
situated in sad district M Il appear ng q this
lard TIA! saia - 6a; an cnqmssa,,qn Of S0u,hs
bard being Of the opinio that "a, maximum rate
Of levy provided IN sset,. ~. II ehapts a. Acts
Will not pro5uc efficient fut d. d pas the ister-
est Of The h-reia pr5pss e hocd,d indebtedness
the principal ia the number of ears in which
said proposed bonds TO j., fuuy Pad for ard
satisfied: and it-ppsaring 10 This bosrd that q r
present existing indeltsdhess a said nstrict ~
Guiding this proposed bondel irdebtsdness in the
aggregate does not exceed two and one-half per
centum OF the value Of the taxable property In
said Reno district ascertaiuCd by the last as
sessmcn mt Tor state and county taxes.
Therefore. in pursuance q the foregoing and
said chapter a. Of shid acts II 10 hereby resolved
and ordered that this board do borrow money in
the sum OF SIG 900 90 and issue and sell bonds to
rais, said amount for the purpose Of building.
completing. and furnishing schoolhOuse In sad
town Of ROwlesbugg. Said bonds o. be Of the de-
nomina ton of 81 60 each. and % tear interest
the rate OF 1--we per centum per annum thereon.
said interest payable annually. and the principal
thereon Wlthtn thutN-fOuF years the date OF
said bonds but the right Is reserved by this board
at it's option - redeem. pay of. and satisfy
all Of said bonds after ten years from the date
thereof. Said bonds shall be sold for cash at not
less than their par value. at public sale. to the
highest bidder In writing. and the proceeds aris
ing from the sale Of said bonds shall be applied To
the payment of the costs Of the building. COM
petiny. aud furnishing said schoOhouse
- Ard IL - further ordered that a direct annual
tax H. collected sufficient TO annuailx the in
terest IA said bonds and the principal thereof
within apd not exceeding thirty-four years from
date Of said bonds.
| And il IL further ordered that an annual maxi
mum spec ia bond levy Of cents on the one hum
/ dred dollars valuation all of the asscssablc
property In said Reno district Is hereby authorized
TO pay said interest and 10 provide "A sinking fund.
as required 10y law: but before said bonds sold
| said sale shall be- published for four successive
| weeks in some newspaper published in said county
OF Preston but said bonds shall not be issued and
| NJ sale thereof sha. he made until all questions
conncc tod Herewith shall have been first submit
ted 20 a vote uf the people of Reno district at an
/ election held for that purpose. and shall have
ceiyod threc-fifths Of all the votes cast for and
/ against the same.
| And Il Is further ordered that the President Of
/ the Board Of Education of said Reno district be
and he l. hereby authorized and directed to issue
proclamation, tO be published and posted accord
Of the Legislature. 1905. extraordinary session.
| pointing "A time and the places at which an cleo
ton for that purpose shall be held by the qualified
/ voters of said Reno district. To decide whether
they will ratify reject this order which procla-
| nation shall include this order and also specify
| the aggregate amount of indebtedness existing
| against and authorized 10y said Reno district at
the date of said proclama lion. Tho Secretary of
| this board IL hereby authorized and directed 20
procure and furnish IN the election commissioners,
I at each place Of voting. the tickets. poll books.
election. provided by section 49, of said chapter
a. Acts of the legislature. 1908. and said election
| shall in all other respects be held and conducted
| JOHN +. PIERCE. President