The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1913-05-16

lished in Marion county. by describing
the bond or bonds so called for re-
demption, said bonds TO bear interest
al the rate OF Five Per Centum per an
mum. payable annually, at said Office,
and said interest to be evidenced by
coupons TO be attached to said bonds;
!he said coupons to be executed by the
fac-simile signatures OF the President
of this Court and the Clerk thereof.
The plan TO meet the accruing inter-
est on said bonds and to pay them at
maturity. by said District is, It shall
be the duty of the County Court of Ma
rion County to, and said Court shall.
each year, at the annual levy for road
purposes In said Fairmont District.
provide, by district levy and taxation.
as Is required by law, In such case
made and provided, for the interest on
said bonds, together with an addition.
al fond to be set apart ut interest. an.
nually, for the purpose. as sinking
fund, sufficient on or before the expira.
ton Of the term OF thirty years to pay,
therefor and fully discharge said
bonds at that time
1t is further ordered by the Court
that, in the event OF said bonds being
disposed Of as aforesaid, the proceeds
thereof shall be, by the purchasers
thereof, placed in the hands of the
sheriff OF this County, and 1t is fur.
tier ordered that the said Sheriff. for
receiving and disbursing said pro.
Ceeds, shall receive NO compensation
or commission therefor. And the said
Sheriff shall deposit said proceeds i'll
such bank or banks as he may be d.
rected by this Court so TO do, and the
said bank or banks to be required to
give security therefor us the Court
SO orders.
1t also appearing to the Court, and
the Court being Of the opinion, and
doth so find, that the maximum rate
OF levy In said Fairmont District.
which the Court is authorized to lay,
as provided In Sections 2, 3 and 4, rs
The case may be. OF Chapter OF the
Acts OF the Legislature OF West Wiz.
sinia, Extra Session, 1908. will not
produce sufficient funds to pay the tnD
terest on such proposed bonded in.
debtedness OF Four Hundred Thousand
Dollars hereinabove provided for said
Fairmont District. and TO provide a
sinking fund for the discharge OF the
principal thereof in thirty years; and
it further appearing to the Court, and
the Court doth so find, that the maxi
mum levy. necessary in each year, dur
ing said thirty years, TO pay the said
interest and to provide sinking fund
on said proposed bond issue OF Four
Hundred Thousand Dollars for said
Fairmont District is Eighteen Cents
on each One Hundred Dollars Valua
tion OF the taxable property In said
FairmoRt District. The County Court,
therefore, doth hereby order and dI.
rect that n vote of the legal voters
be taken in said Magisteriai District
OF Fairmont. in said County OF Ma.
rion. In said State OF West Virginia,
on Tuesday. May 9Th, 1913, on the
question of authorizing a maximum
Special Bond Levy of Eighteen Cents
on each One Hundred Dollars .valua.
tion OF taxable, property In said Fair.
mont District, to pay the interest on,
and provide a sinking fund for tho
discharge of the said proposed bond
issue hereinabove provided; and that
said vote shall be taken on the ques-
tlon last aforesaid at the several vot.
ing places in said Magisterial District
Of Fairmont, at said Special Election,
to be held on Tuesday, the 9th day
Of May, 1913. which has hereinbefore
been directed to be held for the pur.
pose OF taking vote on said proposed
bond issue OF Four Hundred Thou.