The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1913-05-24

l, 1919. and be payable to bearer al
the Office OF this Court thirty year,
after date. but conditioned that they
~ any OF them, may be recalled and
paid. at the Option of said District. o,
It the option Of this Court. on Septem
Der LIST, 1888. or on any interest date
thereafter. the owner thereof being
given sixty days notice of said Dis
r!cts or said Courts election to re
deem such bond or bonds. by publica,
'inn In one or more newspapers Dub
!ished in Marion county, by describing
the bond or bonds SO called for re
dempuon, said bonds to bear interes,
at 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 /:
the said coupons to be executed by the
fac-simile signatures Of the President
OF this Court and the Clerk thereof.
Tie plan to'meet the e.ccrung inter
est on said bonds and to pay them al
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 Fairmoat District
provide, by district levy and taxation
as Ia required by law, In such case
made and provided. for the interest Oh
said bonds. together with an addition
nj fund to be set apart at interest. an
nually, for the purpose. as a sinking
fund, sufficient on or before the expira
ton OF the tenn OF thirty years 10 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 bands Of ths
Sheriff OF this County, and It is fur.
Their ordered that the said. Sheriff, Tor
receiving and disbursing said pro.
ceeds, shall receive no compensation
Or commission therefor. And the SAID
sheriff shall deposit said proceeds IL.
such bank or banks as he may be di.
rected by this Court so 10 do. and the
aid bank or banks to be required to
give security therefor. as the Court
so orders.
II also appearing to the Court, and
the Court being OF the opinion, and
10Th SO find. that the maximum rate
u levy in said FaIrmont District,
which the Court is authorized to lay.
IS provided In Sections 9. 3 and I, IN
he case may be. OF Chapter 8 of thu.
Acts OF the Legislature o. West Viz.
Sinia. Extra Session, 1908. will moi
produce sufficient funds TO pay the IN
crest on such proposed bonded In
'ebteduess Of Four Hundred Thousand
hollars hereinabove provided for said
sairmont District. and 10 provide q
sinking fund for the discharge OF the
principal thereof In thirty years; and
4 further appearing 10 the Court, and
he Court doth so find, that the maxi.
mum levy. necessary in each year, dur.
ne said thirty years, to pay the said
interest and 10 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 yalua.
ton OF the taxable property In said
Fairmont District. The County Court,
therefore. doth hereby order and dI.
rect that vote OF the legal voters
be taken in said Magisterial District
of Fairmont, in said County of Ma.
rion. in said State OF West Virginia,
on Tuesday, May 9th, 1913, on the
question of authoriziner ma xiunun,