Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1909-08-14
Continued from page fye)
Teachers Fund gstlmate-continued

IOtal. ........,....s. - II ,U00.UO
II appearing to the board of edu-
sation that the total valuation OF ali
A.ne taxable property in this district
according to the last assessment
Nhereof. is $500. 70S.3S being real es-
tate to the value OF S3,709 .035.00; per
ssonal property to the value of ST.
r55, I2745; and railroad and other
lHroperty assessed by the board of pub
ESc works to the value oil $506 54593
es certified to this board by the as
SCISSOR, and It appearing from the
foregoing estimates that it is neces-
sary TO raise by levy after deducting
ali credits, $2.61319 for building pur
poses and S4,472.42 for teachers pur-
poses, 1t is determined that levy on
each one hundred dollars valuation
<of 10 1-2 cents for building purposes
And % cents for teachers purposes
9,.Kl be necessary to produce the es-
mated amounts as aforesaid for the
r ensuing fiscal year,
for additional levy, as provided in
second proviso, section 3, chapter 8,
Acts of 1908, to maintain a high school.
This levy can not exceen ten cents on
she Jne hundred dollars valuation.
In accordance with section 3, chap
rer =. of the Acts of the Legislature
nj 1908. the board of education pro-
.eeded to make up an estimate of the
amount necessary to be levied for the
current fiscal year for high school pur-
Ysf,ses as follows: Salaries OF 6
teachers at 500 to s11250 per month
tnr 10 months and it appearing to the
fsoard that it will be necessary TO
false by levy the sum Of s4,475.00 for
ssgldh high school purposes, and that
4ha total yaluation of all the taxable
gsroperty in this district according to
The last assessment thereof, is $3.50
EpS.3S; being real estate to the value
ct $500 ,03500; personal property to
the value OF 81 ,755, 127.45 and railroad
and other property, as assessed by the
BOARD of public works To the value of
$500. 1898. as certified to this board
Ar the officer whose duty it is to
taxake out the land books, according to
gaes provisions of section 80, chapter
~ of the code as last amended there
dy-e "a levy of eight cents go on each
one hundred dollars valuation will pro-
gSs1ce the estimated amount necessary
fsyr the ensuing fiscal year.
For special debt levy. as provided in
sectinn 8, chapter 8, Acts 1908. This
tevy cannot exceed ten cents on the
eane hundred dollars valuation, and
can only be laid where there is an out
standing boating Indebtedness con
sracted prior to January I, 1908. which
aaass not heretofore been provided for
ny levy.
1t appearing to the board of educa
sion that on the first day of January
z90S, there was an outstanding indebt
-sssiness against the building fund oil
.said district, amounting TO $3,1S1.0(
~ the secretary of the board of said
district, after carefully auditing the
came. as provided by law, and it APP
gearing that s3,1S1.O0 OF said total in
saebtedness has not heretofore been
crowded for by levy. the board desir
Lug 10 liquidate the same proposes to
lay a special levy of thee cnets CD
IN the one numbered dollars valuation
scf taxable property in said Martins
sarg district. as provided by section
s., chapter of the Acts of the legis-
nature of 1908.
The aggregate value Of the taxable
property in said districr, according to
uhe last assessment, thereof, is as fol
0ows.
Real estate ..,.......,.. SS.7O9 ,03o.OU
Personal property ...... 1,755,l2745
Elailroad and other prop
erty .................. 5O6,54o.9S
Total value for district
purposes ............$5.91 1OS3S
To provide sinking fund and to pay
interest on outstanding bonded indebt-
s@iness.
TT appearing to the board from a
sE&tement made by its secretary, that
Slsere was on the 1st day of January
Ises, an outstanding bonded indebted
aaess in said district OF 100000 and
ne a1ard finding it necessary to in
sy1'ease the levy for the purpose Of
szAYinz the interest on and to provide
3 siuRing fund for the discharge o.
tha principal of such bonds in the nun
per OF years they have 70 run as pro
Fided by ahe third proviso, sect!on3
az the Acts Of the legislature of 1903
AE is therelore ordered that eight
cents CS) be, and the same is hereby
asYied on each one hundred dollars
s& the valuation Of all property tax
able in said district, according to the
G.zst assessment thereof for the pur
Essss Of applying the proceeds thereo
poward the payment of said outstand
re- aBonds and interest thereon.