Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1909-12-04
Proclamation
city Han. N. rttnsburg. W. Va.

City Hall. M,rtfnsburg, w. Va,
Nov. 10, 1909
| WHEREAS, At a special meeting of
the Council of the City of Martinsburg.
properly called and held In the Council
Chamber at the City Hall, in the City
of Martinsburg, Berkeley County, State
Of West Virginia, on the LIST day OF
September, 1909, an ordinance was
adopted entitled Ordinance No. G."
AN ORDINANCE TO AUTHORIZE
HE ISSUANCE OF BONDS FOR THE
PURPOSE OF EXTENDING. REPAIR
Inc. CONSTRUCTING, EQUIPPING
AND COMPLETING THE SYSTEM
IOF WATER WORKS NOW OWNED
BY THE CITY OF MARTINSBURG,
AND TO AUTHORIZE A SPECIAL
BOND LEVY"
AND WHEREAS, At q regular meet
ling OF the Council of the City Of Mar
ltinsburg, held in the Council Chamber
at the City Hall aforesaid. on the End
day OF September 1909, the ordinance
known as Ordinance No. g." IAN
lORDINANCE TO AUTHORIZE THE
| ISSUANCE OF BONDS FOR THE PUR
pose OF EXTENDING. REPAIRING,
| CONSTRUCTING, EQUIPPING AND
COMPLETING THE WATER WORKS
! OW OWNED BY THE CITY OF MAR
lTINSBURG, AND TO AUTHORIZE A
MAXIMUM BOND LEVY" was unani-
mously passed, signed by the Mayor,
and transmitted to the Board of Affairs
| for their approval;
| AND WHEREAS, At a meeting OF the
BOARD OF AFFAIRS held at the City
Hall aforesaid, on the Bird day of Sep
TENDER. 1909, said ordinance was duly
approved by the Board OF Affairs
AND WHEREAS. Such ordinance,
| nown as Ordinance No. s. passed by
the Council of the City OF Martlnshurg'
signed by the Mayor. and approved by
1.-THE Board of Affairs is as follows:
ORDINANCE NO. I.
| AN ORDINANCE TO AUTHORIZE
| HE ISSUANCE OF BONDS FOR THE
| PURPOSE OF EXTENDING, REPAIR
| NC, CONSTRUCTING, EQUIPPING
AND COMPLETING THE SYSTEM OF
WATER WORKS NOW OWNED BY
THE CITY OF MARTINSBURG, AND
mo AUTHORIZE A MAXIMUM SPEC
HAL BOND LEVY.
BE IT ORDAINED BY THE COUN-
lC1L OF THE CITY or MARTINS
lBURG.
Sec l. That the Mayor and Auditor
of the City of Martinsburg be, and
they are hereby authorized to make,
xecute and deliver, as hereinafter pro-
vided, series of bonds of the City Of
Martinsburg, TO the amount of forty
~, Of =
denomination and upon the terms of
payment hereinafter provided and pre-
scribed, the proceeds of which shall
be appropriated and expended for the
purpose of extending, repairing, con-
tructing, equipping and completing
he system of water works for the
said city, and which system is noY
owned and operated by the City of
| Iartinsburg.
The said bonds shall be of several
denominations of one hundred. Ave
hundred AMI one thousand dollars, re-
Ispectively, not exceeding in the a2gre-
gate, however. the sum of Forty Thou
sand Dollars ($40, 900 00) and shall be
payable to bearer at the office of the
! treasurer OF the City of Martinsburg,
at Martinshurg, West Virginia, thirty
four years after date, and redeemable
at any time after twenty years after
date, with interest at the rate Of five
per cent per annum, payable annually
on the LIST day of December of each
year, after the year in which they
are issued, at the Office aforesaid, ac-
cording to the tenor and effect of in
terest coupons to be attached to each
ond respectively; and said bonds shall
be dated on the LIST day Of December,
1909, and shall be signed n the co..
,orate name of the said city by its
favor, countersigned by the Auditor,
and sealed with the corporate seal of
said city.
The name Of the treasurer of said
city in office When said bonds are is
sued shall be signed to each coupon,
but said name may be either printed
or engraved thereon
Sec 2. That F. s. Emmert, G. w
McKown and F. r. Sigler, who are
ereby appointed commissioners OF said
city for the purpose, be, and they are
hereby authorized and empowered TO
sell publicly the said bonds for cash,
at not less than their par value, to
the highest bidder in writing, but be-
fore any such sale shall be made the
same shall be advertised in some con-
Ivenient newspaper or newspapers, as
( the said commissioners may elect, at
east four weeks previous to such sale.
rhe proceeds derived from the sale OF
| aid bonds, as fast as realized, shall
be payable to the treasurer and de-
posted by him in the treasury OF the
said CITY tn the credit thereof in an
ccount to be designated and known
| s the water Works Extention FNnd.
which shall be kept separate and dis
! met from other accounts of said city,
and said fund so created shall not be
appropriated or used for any other
purpose than that above specified.
Sec. 3. That the amount collected
rom the direct annual tax hereinafter
provided for remaining over and above
the amount of the interest due upon
said bonds (Which amount necessary
to pay the interest shall be paid by.
lasaH .lA