Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1909-11-20
exclamation

Hall, MdIllDSDuTB, w. va,
Nov. 10. 1909.
BRAS, At special meeting Of
bell Of the City of Martinsburg,
called and held in the Council
at the City Hall, in the City
nsburg, Berkeley County, State
Virginia, on the LIST day OF
Der, 1909, an ordinance was
entitled Ordinance No. g."
ORDINANCE TO AUTHORIZE
6UANCE OF BONDS FOR THE
Sic OF EXTENDING. REPAIR
CONSTRUCTING, EQUIPPING
COMPLETING THE SYSTEM
TER WORKS NOW OWNED
= CITY OF MARTINSBURG,
% AUTHORIZE A SPECIAL
>EVY;"
WHEREAS, AT a regular meet
the Council of the City of Mar
&, held in the Council Chamber
City Hall aforesaid. on the End
September, 1909, the ordinance
as Ordinance No. g." IAN
lance TO AUTHORIZE THE
NICE OF BONDS FOR THE PUR
OF EXTENDING. REPAIRING,
'TRUCTING, EQUIPPING AND
LETTING THE WATER WORKS
OWNED BY THE CITY OF MAR
BURG, AND TO AUTHORIZE A
MUM BOND LEVY" was unani-
Y passed, signed by the Mayor,
Transmitted to the Board of Affairs
heir approval;
% WHEREAS, At a meeting OF the
RID OF AFFAIRS held at the City
aforesaid, on the Bird day of Sep
Ter, 1909, said ordinance was duly
owed by the Board of Affairs;
10 WHEREAS. Such ordinance,
I'm as Ordinance No. g." passed by
Council of the City of Martnsburg,
ed by the Mayor, and approved by
Board of Affairs Is as follows:
ORDINANCE NO. I.
N ORDINANCE TO AUTHORIZE
D ISSUANCE OF BONDS FOR THE
RPOSE OF EXTENDING, REPAIR
CONSTRUCTING, BQUIPP1NG
D COMPLETING THE SYSTEM OF
TER WORKS NOW OWNED BY
D CITY OF MARTINSBURG, AND
A MAXIMUM SPEC
BOND LEVY.
b 1T ORDAINED BY THE COUN-
! OF THE CITY OF MARTINS
Re.
Zee. /. That the Mayor and Auditor
the City of Martinsburg be, and
y are hereby authorized to make,
cute and deliver, as hereinafter pro-
ed, series of bonds of the City of
to the amount of forty
usand dollars ($40,00000), Of the
and upon the terms of
'ment hereinafter provided and pre-
Had, the proceeds of which shall
and expended for the
pose of extending, repairing. con-
acting, equipping and completing
system of water works for the
city. and which system is now
ned and operated by the City OF
,tinsburg.
he said bonds shall be of several
limitations of one hundred, FIVE
ldred and one thousand dollars, re-
ctively, not exceeding in the aggre-
E, however, the sum of Forty Thou
d Dollars $40, 100000, and shall be
able to bearer at the Office of the
asurer of the City of Martinsburg,
Martinsburg, West Virginia, thirty
r years after date, and redeemable
any time after twenty years after
9. with interest at the rate OF five
cent per annum, payable annually
the 1st day of December of each
r, after the year in which they
issued, at the office aforesaid. ac-
ding to the tenor and effect of in
st coupons to be attached to each
I respectively; and said bonds shall
lated on the LIST day of December,
J. and shall be signed in the cor
lte name of the said city by its
or, countersigned by the Auditor,
sealed with the corporate seal OF
city.
NJ. name of the treasurer Of said
/ in office when said bonds are is
d shall be signed to each coupon,
said name may be either printed
thereon.
&c. 2. That F. S Emmert, G. w.
Town and r. r. Sigler, who are
by appointed commissioners of said
for the purpose, be, and they are
by authorized and empowered to.
publicly the said bonds for cash,
lot less than their par value, to
highest bidder in writing, but be-
any such sale shall be made the
; shall be advertised in some con-
ent newspaper or newspapers, as
said commissioners may elect, at
four weeks previous to such sale.
proceeds derived from the sale OF
bonds, as fast as realized, shall
payable TO the treasurer and de-
ted by him in the treasury of the
city to the credit thereof in an
unit to be designated and known
,e water Works Extention Fund,
h shall be kept separate and dis
from other accounts of said city,
said fund so created shall not be
opriated or used for any other
ose than that above specified.
c. 8. That the amount collected
the direct annual tax hereinafter
ided for remaining over and above
amount of the interest due upon
bonds (Which amount necessary
ay the interest shall be paid by
council to the treasurer 10 be held
4 L IL h OF