The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1914-01-05


RDhd Election to be Held January
Notice IL hereby given that the
folfdsv1ng ordinance was duly passed !
at b regular session OF the City Coun- /
Gil 6gf the City OF Clarksburg, West
Virginia, held at the Council Cham
beyr la said city on the 21st day OF
sIoHentfef, 1913, ana proclamation
pursuant to said ordinance for a,
pSiHl election TO be held thereun-
DIR rkeiting said ordinance az
required by law is here made:
ORDINANCE.
An. ordinance providing for the issu-
tnlt az bonds by the City of
harrisburg, and the sale of the
hme, to provide funds to be used
1Gf the following purposes, to-
Esat: To rebuild or repair the
bridge ON North Fourth street,
leading into Glen Elk, In said City.
and to bund one or more new
bridges in said city, ana to open,
SphstiucG and repair necessary
t1l0roughfares leading to the APP
breaches of said bridge or bridges,
70. the amount of One Hundred
and Ten Thousand Dollars; and
also to provide for the application
3
Purposes aforesaid.
whereas, the Council OF the City
Of. Clarksburg find it necessary ana
excellent for the comfort, business,
aId we'll being OF the people OF said
city to repair or rebuild the bridge
across Elk Greek into Glen Elk, at
North Fourth street, and to build
enc or more than one, bridge across
Elk Greek into Glen Elk, in said
Th6 City Of Clarksburg, and to open
and extend streets, ways and APP
pfpAches leading to, upon and from
aaid bridge. or bridges; and,
Whereas, It is not possible to pro-
Vtdk Suf1fcient funds FOR the above
1nehtioned purposes within the peri
% Ia which the same are required
20 De done by annual levtes on the
ti&Able property in said City, within
tbs limits prescribed by law for
lRplbs and assessments for munic-
EHai purposes, and the only lawful
manner in which such necessary funds
oAn be procured is by the issue and
sale OF the bonds of the said City in
pnFkuance OF the statutes OF the
state OF West Virginia in such cases
made and provided.
TtIERHFlORE, BE 1T ORDAINED
ar TEHE CITY COUNCIL OF THE
.4.EITY OF HARRISBURG. WEST
VIRGINIA:
First, that in order to procure
finds TO the amount of One HUNDRED
and Ten Thousand CS110. 00O) Dol
lhtsy to be expended for the follow
iug purposes, to-wit: To rebuild OF
repair the bridge on North Fourth
aifset. crossing Elk Creek into Glen
BLK, in the said city, and to build
one, or more than one, new bridge
acf0es said Elk Greek, in said City
into Glen Elk and to open and extend
streets, ways and approaches leading
To, upon and from said bridge, OF
bridges, The City of Clarksburg dc
issue a series OF bonds, to be known
III Bridge Bonds of the denomina-
{iOn OF One Thousand Dollars each
toNbe numbered consecutively FROM
one I'd to one hundred and ten (11O)
both inclusive, and of the aggregate
amount of One Hundred and Ten
1'hoIsAnd ($1t10,O0O) dollars, bear
ing date on the first day. of January
1914, and payable to bearer on the
fret day of JanuaU, 1874, in gold
G0in5 OF the United States. of the
Present weight and standard of fine
hess at The Empire National Bank
az Ciahksburg, in C1arksburg, West
Virginia, and bearing interest at the
rite Of five C5FSO .percentum per an
mum from date thereof until paid
.aaS4r. interest being payable annual
q8ch year. Said bonds shall be
eighed by the Mayor and City Clerk
Ofsthe said City of Clarksburg, and
1hkll have affixed thereto the seal OF
said The, City of Clarksburg; and
the interest coupons for each inter
ct payment, bearing engraved or
Autographed fac smile signatures ot
che Mayor and City Clerk of said
CITY. shall be attached to each OF
said bonds The entire series OF
sAta bonds, and every part thereof,
ahall be subject to call and redemp-
tibh at lthe price OF par and accrued
interest to the date of Sucn call then
unpaid. on any interest date after
the hEst day Of January, 1923: Pro
Stded, however, that the bonds to be
50 redeemed shall be selected by lot,
and the right to redeem the same
shall be exercised by The City OF
Clarksburg, only after due notice to
che holder or holders thereof, by
thblication for four weeks in all the
newspapers published in the City or
Clarksburg, West Virginia, OF the
debire of the City to SO redeem said
bpnds; and all OF said bonds shah
contain upon their face a provision
tos,the effect aforesaid, as well as a
pfbviBon exempting said bonds from
eaxation by The City Of Clarksburg
for municipal purposes. And when
The City of Clarksbufg shall have
notified the holder, or holders, OF
said bonds, or any OF them so ascer-
timed by lot, of its election to re-
deem the same. after the date afore-
said. as hereinafter provided, ami
shall have denOsiteI in said The