The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1915-03-19

and Csnebrske and 10 the town Of Hart
well.
THIRD: Beginning az the town Of
Csnebrske and crossing the ridge be-
connecting with the proposed road up
Jacobs Fork At or near Squire post office
IL appearing 20 the court that said in
debtedness, including ,-..,..- '>bted
ness, does not exo@ed two and one-half
t2 l-2) per centum of the valt'e ~ the
taxable property of -aid msgi-terisl dis
trlct as sscertsinei by the last assessment
for state and county ievie- previous q,
the mourning Of indebtedness; and IL j.
further ordered that there lie levied ami
collected upon the tsxable property oi
said Big Greek magi-terial district a d.
rect annual tax sufficient 10 pay ssfni-
annually the interest on said bonds ami
the principals thereof within and not tx
ceediLg thirty 800 years. but such tax
shall not exceed twenty (sDD cents on
each one hundred dollars (SleO OOD val
ustion of the taxable property IN said
magisteris district
Said bonds shall be- i-sIed i'm denom-
nations of not less than one hundred
dollars (SluD.Op), nor more than one
thousand dollars tSlUo go. aud shall
he dated the l-t day If May, 1918. and
be payable on the LIST day Of May. 1915.
but may be redeemed at any time after
twenty (2O) years from the date thereof
At the option of the County Court Of Me
bowel county; they shall be payable at
the Berwind Bank, Berwind, Mcdowell
county, West irginia, and shall hear
interest from their date until pald at tia.
rate Of five 60 Per centum per annum /:
they shall have coupons attarhed for ths.
payment Oi the interest, and the sAns
shall be paid seml-annually at the SAINT.
place that the bonds are pay able. on ths.
st day of NJ sy and lst day OF November
II each wear. until the bonds mature. un-
less sooner redeemed or cancelled accor
ling u law
Said bonds shall refer on their face e..
Chapter B. Acts Of the Legislature OF
West Virginia, Session l9l under whicl,
they are issued, and shall contain a reser
sation Of the right of said county court
10 pay off and redeem the same. or any
one or more OF then. after txenty (aOD
years from the date of issue, A. provided
by this order; and shall also state that
provision has been made for the collec
ton OF direct annual tax To pay semi.
annually the interest thereon, and IN.
principal thereof within and not exceed
ing thirty (3Ol years.
Upon the ratification OF this order b,
not less than three-fifths of the legal vO
ters OF salc Big Greek magisterial dis
trict, voting on the same at said specia
election, the said bonds shall be issue.
IN the name OF said district, and th.
President Of this Court is hereby author
zed and empowered u execute. sell ane
deliver the said bonds, AMI receive IN.
proceeds thereof a. provided by law.
said bonds shall lie payable u bearel
by the County Court OF Mcdowell coun
| y, from funds derived from the lev,
herein provided for upon the property %
said Big Greek magisterial district, an,
<nall he signed by the President of sal,
court, and countersigned by the clerl
thereof, with the seal Of the Count,
Oourt attached thereto, and the inter,-s
coupons shall be likewise payable. an.
shall hear the engraved or printed Nj,
nature of the clerk, and they shall be ca
of when paid
Said bonds, after having been adver
Used IN some Newspaper for four week
previous % the sale, shall he sold al pul,
&c sale To the highest and best bidder f.
,ash, AT not less than the par value, an,
ne proceeds arriving from said sale q
-aiu oonus shall De Used Tor the purpO-
constructing roads in said Big Creel
nagIsterial district ss hereinbeiore pro
yided
As hereinbefore stated, said bonds sha
subject 10 redemption alter twent
COD years from their date. at the optlo,
II the County Court Of Mcdowell count,
The clerk, by order of the Court. shsl
'ach year give notice by publication Z.
The holder or holders of the bonds To n
'edeemed that on and after day name,