The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1909-01-04

1ofeleenl said 10nds; ana al 81 ALI
honds sian eonisin 1pp1 theIr face q
proEision % the eject fore n.
well rs provision e1enipting sad.
.bpnds flllIl "A ton hy de Cts OF
Glarkshlire Tor mHifielpaf nnfhufes
Ana When the City OF CiarksijsiFe
snail have upfifed tha holder 81
holders 81 said bonds. or OF any 6f
them, so asceftained ny lot. 81 It's
election 70 redeem the same after the
date a1oresaid. as herein before pro-
yided. and shall have deposited ~
the said Empire SatIonal Bank 81
ClarlIspurE Z sum IN gold snficiept.
70 diseharge the principal and ac<
cftied interest men unpaid Of the
bonds Ehieh5ihe City 10 elects 70 re-
deeIis lhteFest on said bonds shalt
cease from That date.
SECOND: That said binds shall
be In the form following. ts-Rii:
WATER WORKS IMPROVEMENT
AM SEWERAGE BONO.
This Is 70 certify that the civ OF
Clarksonrg. q municipal corporation
of The STATE. OF West Virginia. Is In
debted 10 the bearer in the sum OF.
ONE THOUSAND DOLLARS, which
ltpromises 70 pay, in gold coin of-the
United States of the present weight
and standard of ineness, on the FIRST
day Of March. 1889. at the Empire
National Bank OF clarksbnrg. at
clarksburg, West Virginia. upon the
sprgender OF this bond together
with interest thereon In the mean-
time, from the first day' OF March;
1903. al the rate OF ffe (5l per
centum per hnnnni pay able annually
At said Empire National Bank OF
Clarkslnrg on the hpst day OF March
of each year until such bond Ii paid,
upon the surrender OF the annexed
coupon therefor.
But the City of clarksburg shall
have the right, on any interest day
after The FIRST dag OF March, 1919, 10
redeem this bond and to be released
from any further liability for said
sum of money or interest thereon,
either By paying TO the h5lder OF
said bond In person or ilIy deposltiug
in the said Empire National Bank OF
GlaTksburg, a sum In gold, sufficient
70 discharge the principal thereof
aud t9e accrued interest thereon 20
that date aud unpaid; Provided, how
ever, that such right 10 redeem this
bond on any interest day after the
date aforesaid shall be exercised only
after the same shall have been Sc
lected by lot, from the other bonds Of
the series, for redemption and after
due notice 70 the holder thereof
either-in person or by publication for
four, weeks in some newspaper pub
lished In the City OF Clarksburg, OF
the desire of said City to SO redeem
said bond. And this bond Is and
shall be exempt from taxation for
municipal purposes by the City of
Clarksburg.
This bond is one of a series of
bonds of the denomination OF one
thousand dollars each. and amount
Ing in the aggregate. TO one hundred
and twenty thousand dollars, num-
bered consecutiyely from one IN 10
one hundred and twenty l20)).
both inclusive, ana issued in con-
forniity with an ordinance OF said
City OF Clarksburg entitled An Or
dinance Providing for the Issue Of
Bonds, ETC. adopted by The Council
of the said City Of Clarksburg on
the fourth day of December, 1908.
In Testimony Whereof the said
City hath hereto affixed It's seal and
caused this bond to,be signed by its
Mayor and City Clerk.
Dated this first DAT OF March, 1909.
.......... Mayor
.......... City Clerk
And The form OF said interest cou-
pons TO ioe attached 10 said bonds
shall he the following. to-wit;
COUPON.
The City Of CIarksburg, West Vir-
ginia, will pay to the bearer ON March
/. ~ at The Empire National Bank
of Clarksburg, al Clarksburg, West
Virginia. fifty dollars: being interest
Tor one year on Bond No. !. for One
Thousand Dollars. OF Water Works
Improvement and Sewerage Bonds.
And said coupons shall have en-
sraved thereon the fac imiletsigna-
lures OF the Mayor aud City Clerk OF
the City OF clarksburg.
FOURTH: That as soon as prac-
ticable after the ratification OF this
ordinance DS a special election by the.
qualified voters OF said City OF
Clarksburg as hereinafter provided
for. there shall be printed or litho-
graphed bonds and interes, coupons
in the form and numbers hereinbe-
fore specified and the bonds shall he
signed BY the Mayor and City Clerk
OF the City and the seal OF the City
affixed thereto. after which they shall
be sold TO the highest bidder In writ
ing, approved by the City Council.
for cash, and all moneys arising from
the said sale OF said bonds shall be
deposited in said Empire National
Bank Of Clarksburg TO the credit OF
said City and shall be used and ex-
pended only for the purposes herein
before mentioned under direction OF
the City Council an its duly author
lied agents. Before any sale OF such
bonds shall be made notice of such
sale shall be advertised In one news
paper published in the City OF Clarks-
burg for four weeks prior thereto,
and none OF said bonds shall be sold
-. u.