Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1910-11-01
Proclamation and Notice Of Election for
School Bond Issue and Lew.

OGllUW DUN A0u6 dllu I6ils
To the Qualified Voters of Charles Town
District. in the County of jefferson and
State of West Virginia-
TAKE NOTICE. That, at legal meet
ing of the Board of Education of Charles
Town District in the County of Jefferson
and state of West Virginia, held op the 18th
day of October. 1910, the following order
was adopted AID entered of record. namely:
Ii appearing 10 the Board of Education az
Charles Town District of Jefferson county.
which district embraces the corporate limits
of The Town of Ia lrles Town in the County
of fferson and State of West Virginia, that
said town of Charles Town In said district
has in it all enumeration OF youth of school
age of over three hundred; That to accom-
modate properly the said youth OF school
age residing IN said district it is necessary
to issue bonds in the sum of $50 900 as pro-
vided by chap "a of the Acts of the Legisla-
ture, e~--a session of 908. in order to pro-
cure money for the purpose of building,
completing. enlsrging. repairing and fur
nishing the school house or houses in said
district. it having been determined that this
proposed bonded Indebtedness together
with the present existing Indebtedness do
not exceed 21s per centum of the value OF
| the taxable property in said district as as
certaiued by the last assessment for state
and county taxes. Aud said Board of Edu-
cation being Of the opinion that the maxi
mum rate of levy provided for in section 81
of chapter 81, Acts of the Legislature. extra
session 1908, will not produce sufficient
| funds to pay the interest on said bonded
| Indebtedness and provide a sinking fund
for the discharge of the principal in the
number of years authorized by the issue OF
said proposed bonds without laying max
imum special bond levy as hereinafter men,
toned to pay the interest and provide a
sinking fund.
| Therefore in pursuance of the foregoing
and said chapter "a OF said Acts of the Leg.
| is ature of 1908, it is hereby resolved and
ordered that the Board of Education of said
Charles Town District borrow money il
the sum of $50, 900 aud issue and sell bond:
| to raise said amount for the purpose oil
hui ding. completing. enlarging, repairing
and furnishing the school house or house.
situated on the west side of South Lawrence
street in said Charles Town, known as the
Academy property.
And to provide more definitely concern
ing said bonds. it is further ordered:
/. said bonds shall be sixty in number o
the denomination of $500. 90 each. and mum
bered from one to sixty canseeutively, max
ing in the aggregate $4,000 co.
2. Said bonds shall bear date on the Is
day of April, 1911, and be payable in no
less than 10 years nor more than 81 year
IRON GATE, HI tie Office vi iut Nltrlu q
Charles Town District, and in Town o
Charles Town. West Virginia, and shall
bear int rest from their date at the rate o
5 per oentum, per aunum, they shall hav
coupons attached for The payment of tn
interest thereon, and the same shall be pai'
semiannua1y at the same place'thatthe bond
are payable. on the 1st day of April an,
October and so on. for each succeeding year
until the bonds mature, unless sooner re
deemed or cancelled pursuant to law.
8. Said bonds shall be payable to beare
blythe Board of Education of said Charlie
Town District" in the county of Jefferson
State of West Virginia, and shall be signe
by thu president and secretary respectiv>l
of said board. and the corporate seal of til
Board shall be affixed thereto, and the in
terest coupons shall likewise be so payabl
and bear the engraved or printed signatur
of the secretary, and they shall be cut OF
when paid.
4. Said bonds shall refer on their face &
Chapter "a, Acts of the Legislature of IVES
Virginia extra session, 190S under whic
they are issued, and shall contain reser
vation of the right OF said Board to pay oil
and redeem the same. or any one or more 0
the same, after ten years from the date o
tissue as provided by this order. and shal
also state that provision has been made 70
the collection of direct annual tax to pa
semi-annually the interest thereon and til
principal thereof within and not exceeding
thirty four years.
Il 5. Said bonds, after having been adver
tised in some convenient newspaper for tw
weeks previous to such sale. shals be soil
at public sale to the highest bidder in writ
ing for cash at not less than their par value
and the proceeds arising from said sale o
said bonds shall be used for the pun pose O
building. completing. enlarging. repairingap,
furnishing the school house or school house
described Graded andHighSchool forwhte
only on Academy lot, in said district an,
town. And it is further ordered that diree
annual tax will be collected in said distric
sufficient to pay annually the interest OF
said bonds and the principal thereof within
and not exceeding thirty-tour years iron
date of said bonds. and. for said purpose al
annual NAHUM special bond levy of AZ
cents on the hundred dollars valuation OF
all of the assesable property in said distric
is hereby authorized to pay said interes
aud provide sinking fund to pay the prin
Icipal as required by law, and as, hereinbe
fore stated, said bonds shall be subject t
redemption. after ten years from their dat
at the option of said board. The secretar
by order of the Boaid shall each year Civ
notice by publication TO the holder or hold
ers of the bonds 10 be redeemed that on o
after day named. the designated bond o
bonds, with any accrued and unpaid inter
est will be paid upon presentation. that i
not presented they shall cease to bear inter
est after the last publication of said notice
that said notice shall be published for fou
successive weeks in one or more newspaper
IN Jefferson County prior to such designat
ed day of payment. The money so leyie,
and collected to pay the principal and inter
est on said bonds shall be applied to tina
purpose and no other. but said bonds shal
not be issued and no sale thereof shall b
made until all questions connected there
with shall have been first submitted to
vote of the people of said Charles Tow
District at an election held for that pur
pose, and shall have received three-fifths O
all the votes cast for and against the same
1t is therefore ordered that the presiden
of the Board of Education of said Charlie
Town District be and he is hereby author
lied and directed to issue proclamation I,
be published and posted according to TN
provisions of section %. chapter ~. Acts o
the Legislature, extra session, 1905. appoint
ing time and the places at which an cleo
ton FOR that purpose shall be held by tn
qualified voters of said Charles Town Dis
trict to decide whether they will ratify O
reject this order, and said proclamation
shall also specify the aggregate amount o
Indebtedness existing against and author
ized by said district at the date of sale
proclamation. The secretary of the Boar
of Education of said district is bereb,
authorized and directed to procure AM
| furnish to the election commissioners i
each place of voting. the tickets poll books
tally sheets, and other things nee ssarv /,
hold said election, as provided by section
%. of said chapter 81. Acts 1908. and saif
election shall, in all other respects be held
and conducted according TO law.
| JOHN ID. NcGARRY.
|