Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1909-11-27


under this ordinance and accounts for
and pay over to the City OF Martins
burg, when demanded, all funds, Sc
lcurities and moneys intrusted TO them
Whenever either of the Commissioners
ishall yacate their Office by reason Of
death, resignation, removal from the
city or any other cause. the Mayor
shall Immediately nominate his success
sor to the Council, which nominations
shall in all respects and the confrma-
ton thereof be made as provided in
section thirty-one, article nineteen,
chapter six OF the Acts of the Legisla-
ture of West Virginia, Of 1909. The
bonds given as provided in this section
shall be approved by the Council; the
amount Of such bond shall be fixed and
/ etermined by the Council from time to
time. The premium upon the bonds
shall be paid by the City Of Martins
burg and the Board OF Affairs are
hereby authorized to pay such prem
/ ium upon the bonds that may be given
/ by the said commissioners from time
to time
Sec. 4. The said sinking fund here
after provided for shall be kept by the
commissioners for the purpose for
which the same is levied and collected
after being paid over to them, and
they shall pay such part thereof, or
/ all of it, only upon the special war;
rant of the Board OF Affairs directed to
them and specifying that the amount
| is to discharge so much of the princi-
| pal of said bonds, when the amount
therein specified shall be paid to the
treasurer of the City OF Martinsburg,
| for the purpose of discharging the
principal part of it, of said bonds
The commissioners shall make re-
port in writing to the Mayor of the
| City of Martinsburg at least once in
each year which report shall embody
| all things done by them during the
proceeding year. The report when
made shall be transmitted by the May
or to the Council of the City of Mar
tinsburg
Sec. 5.-That the maximum rate
of levy which the council of the City
/ OF Martinsburg may now levy for gen.
/ eral purposes under the Charter of
| the City of Martinsburg will not pro
! duce sufficient funds TO pay the inter-
est on such bonded Indebtedness here
| by created and provide o sinking fund
| for the discharge of the principal in
| thirtyfour years. That sinking fund
| be created for the redemption of said
| bonds and that the Council shall pro-
vide for the collection Of direct an
nual tax to pay annually the interest
on said bonds and the principal there's
OF at maturity, and for that purpose
may direct a rate o. levy each year up
to an amount of five cents, which rate
of levy may produce sufficient funds
| necessary in each year to pay the in
terest and TO provide such sinking
fund; but before the Council shall
make an additional levy. majority
of the votes cast for and against said
levy as provided in the succeeding
section shall be in favor of such au-
thorization.
Sec. 6.-The Mayor shall issue
proclamation reciting this ordinance
and appoint day on which an cleo
ton shall be held by the qualified vot-
ers of said city to determine wheth-
er they shall reject or ratify this ordi-
nance; and he shall also specify in
said proclamation the aggregate
amount of Indebtedness of the said
city issued, authorized and existing at
the date of the proclamation. This
proclamation shall be published in all
the newspapers published in the City
of Martinsburg, at leasl once week
for four successive weeks, the first
publication thereof being at least thr-
ty days before the date fixed for such
special election, and such proclama-
ton shall be posted at the same time
at the front door of the County Court
House of Berkeley County, West Vir-
ginia, and at the front door of the City
Hall of Martinsburg, West Virginia,
and at place within each voting pre-
cinct the Mayor may designate. The
said election shall be held and con-
Quoted in the same msnner as other
municipal elections OF said city are
held. and all persons qualified to vote
at such elections of said city, and no
others, shall vote at such election.
The persons voting for the ratifica-
ton OF this ordinance aid for the au-
thorization of the bona issue shall
have written or printed on their bal
lois the words For Ratification" and
the persons voting against said rati-
fication shall have wriG en- or printed
upon their ballots the words For Re
lection" There shall be printed on
the ticket The following. ITO author
lie a maximum special bond levy of
five cents according to the ordinance
of the Council of the City of Martins
burg, passed on the second day of
September, 1909, to pay the interest
and provide a sinking fund for the
discharge of the bonds now being vot-
ed tor;" and directly underneath in
two separate lines shall re printed the
words For the Levy" and Against the
Levy Persons voting for the levy
shall leave upon their ballots the
ssINo- tho I auyfs ~ tho narCnnS