The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1909-01-18
SPECIAL BOND ELECTllN
sIAYoR,s PROCLAMATION FOR
SPECIAL BOND ELECTION
TO BE HELD FEB
RUARY Q. 1909.

TO BE HELD FEB
RUARY .. 1909.
Notice is hereby given that the fol-
lowing ordinance was duly passed and
enacted at regular meeting OF the
City Council for the City Of Clarks-
burg, West Virginia. held at the
council chamber IN said city on the
4th day of December, 1908, and
proclamation pursuant to said ordi-
nance for a special election to be held
Hereunder reciting said ordinance as
REQUIRED by law is here made.
: - ORDINANCE.
AN ORDINANCE PROVIDING FOR
:. THE ISSUE OF BONDS BY THE
CITY OF HARRISBURG AND
THE, SALE OF THE SAME, TO
PROVIDE FUNDS TO BE USED
F0RgTHE PURPOSES FOLLOW
ING, TO-WIT:
+ I'D TO IMPROVE AND EXTEND
THE PRESENT CITY WATER
WORKS SYSTEM, TO THE
AMOUNT OF SEVENTY THOU
SAND t7O.000.O0) DOLLARS;
AND. (2l TO IMPROVE AMI Elk
TEND THE SEWER SYSTEM OF
THE CITY TO THE AMOUNT OF
FIFsTY THOUSAND 1850, 900. 00)
DOLLARS, MAKING A TOTAL OF
ONE HUNDRED AND TWENTY
THOUSAND ($120, 0O0.O0) DOL
LARS FOR SAID PURPOSES,
AND ALSO PROVIDING FOR
THE APPLICATION OF THE
PROCEEDS THUS DERIVED TO
'THEsPURPoSES AFORESAID
WHEREAS, The Council OF the
City Of Ciarksburg find 1t necessary
and expedient for the comfort, health
and well-befng OF the people OF the
City to improve and extend the pres
ent water works system, and to ex.
tend and improve the sewer system
OF the City, and,
WHEREAS, 1t Is not possible to
provide sufficient funds for said pur.
poses, within the period in which
same are required, by annual levies
on the taxable property In said city
within the limits prescribed by law
for leYies and assessments for NUM-
sipal purposes, and the only lawful
tanner in which such necessary funds
toE- said purposes can be procured is
blythe issue and sale OF the bonds OF
the City in pursuance of the Statutes
Of the State of West Virginia in such
cases made and provided:
THEREFORE,, BE 1T ORDAINED
BY THE COUNCIL OF. THE CITY
OF HARRISBURG:
FIRST: That, In order to procure
funds to the amount of one hundred
and twenty thousand (Sr20, 900. 00)
dollars. to be expended for the pur.
poses following, to-wit. "a To i'm.
prove and extend the present city
water works system to the extent Of
seventy thousaad C$70, 900. 00) dol.
lars; and (2l To Improve and extend
the sewer system Of the City to the
mount Of fifty thousand ESQ.,,
000.00) dollars; making a total Of
one hundred and twenty thousand
$3.50, 100000 dollars for said pur,
noses, the City OF Clarksburg to Is,
sue single series of its hond, to be
known as the Water Works I'm,
provement and Sewerage Bonds" Of
the denomination OF one Thousand
Isl, 000.00) dollars each, to be mum.
bered consecutiyefy from one (1l t.
one hundred and twenty (12O). bott
inclusive, and of the aggregate
amount of one hundred and twent!
thousand C$120, O00.00) dollars
bearing date on the first day OIL
March, 1908, and payable to bearer
On the first day of March, 1899, in
gold coin OF the United States. OF the
present weight and standard OF fine.
ness, at the Empire National Bank Of
Clarksburg. at Clarksburg, West Vir.
ginia, and Bearing interest at the rate
Of five t5l per centum per annum
from the date thereof until paid
such interest being payable annual.
~ 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 Clarksburg and shall
have affixed thereto the seal OF the
said City OF Clarksburg, and interest
coupons for each interest payment
bearing engraved fac smile sigma.
lures of the Mayor and of the City
Clerk of said City, shall be attached
to each of said bonds. The whole
series of said bonds, and every part
thereof, shall be subject to call and
redemption at the price of par and
accrued interest TO the date Of such
call then unpaid, on any interest day
subsequent to the first day OF March,
1919; Provided. however, that the
bonds to be so redeemed shall be
selected by lot and the right to re-
deem shall he exercised by the City
only after due notice to the holder or
holders thereof, either in person or
by publication for four weeks in some
newspaper published in the City OF
Clarksburg, Of the desire OF the City
to redeem said bonds; and all of said
bonds shall contain upon their face d
provision to the effect aforesaid, as
well as a provision exempting said
bonds from taxation by the City OF
Clarksburg for municipal purposes.
And when the City Of Clarksburg
shall have notified the holder or
holders OF said bonds. or of any OF