The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1915-04-15

oAAN "NAoAA " SAtS " 0AAAN GU D"A
rackville. in sub-district No. 6.
.. Building and furnishing a 5 or 6.
room, brick Graded School. and &C
curing a site for same. at or near
cayenne in sub-district No. 3.
3. Painting the school buildings in
sub-districts Nos. s. 4. / and 2, which
said buildings are known respectively as
Monumental or Prickett School, Moody
Run School. Pine Grove School and
Brumage or White Rock School.
4. Drilling a new well at Moody
Run School. in sub-district No. 4.
5. Refurnishing the school build
ings at Pine Grove, in sub-district No.
l and at Monumental in sub.district
No. s.
6. Making such other alterations.
improvements and repairs to the
school buildings OF said district as may
be deemed necessary.
And to provide more definitely con
corning said bonds, 1t is further or
dered:
l. Said bonds shall be two hundred
(200) in number. of which one hun
dred and fifty (150) shall be of the
denomination of one hundred dollars
($100.00) each and fifty of which shall
be of the denomination of five hun
bred dollars ($500.00) each. and shall
be numbered from one "a to two
hundred t200) c~onsecutively. making
the aggregate forty thousand dollars
($40 ,00O.00.)
2. Said bonds shall bear date on
the 1st day of July. 1915. and be pay
able on the 1st day of July. 1916, at
the office of the Sheriff of Marion
County, West Virginia, in the City of
Fairmont, West Virginia, and shall
bear interest from their date at the
rate of five (5) per centum per annum:
they shall have coupons attached for
the payment of the interest thereon,
and the same shall be paid annually
at the same place that the bonds are
payable, on the 1st day of July, 1916,
and so on. for each succeeding year,
until the bonds mature. unless sooner
redeemed or cancelled pursuant to
law.
3. Said bonds shall be PAYABLE to
bearer hv 1.-THE Board OF Education
of Fairmont School District" in the
County of Marion. State of West Vir-
Rinfa. and shall be signed by the presl-
dent and secretary respectively OF
said board. and the corporate seal of
the board shall be affixed thereto and
the interest coupons shall likewise be
so payable and hear the engraved o.
printed signature OF the secretsry. and
tNNE tatlA NC "a WI HltI Ddlus
4. Said bonds shaI refer on their
face to Chapter 81, Acts OF the Legis-
lature of West Virginia, extra session.
1908. as amended and ~resenacted by
Act of the said Legislature, regular
session. 1915. under which they are
issued and shall contain a reservation
of the right of said board to pay on
and redeem the same. OIL any one or
more of the same. after e years
from the date OF ssue as provided by
this order: and shall also state that
provision has been made for the collec-
tion of a direct annual tax to pay
annually the interest thereon. and the
principal thereof within and not ex.
ceeding thirty years.
5. Said bonds. after having been
advertised In 1.-THE Fairmont West
Virginia" and 1.-THE Fairmont Times"
newspapers of general circulation in
said school district. at least once each
week for four successive weeks previ-
u to such sale. shall be sold at pub
lie sale to the highest bidder in writing
for cash at not less than their par
value. and the proceeds arising from
for the purpose of building. complet-
ing. charging, repairing and furnish
ing the school houses of said district.
as follows. that is to say:
/. Building n furnishing an s.
room, brick Graded and High School,
and acquiring a site for same. at Bar
rackville. In sub-distict No. 6.
2. Building and furnishing a 8 or g.
room. brick Graded School. and ac-
Quiring a site for same. at or neal
cayenne in sub-district No. 3.
3. Painting the school buildings in
sub-districts Nos. 8. 4, 1 and 2. which
said buildings are known respectively
as Monumental or Prickett School.
Moody Run School. Pine Grove School
and Brumage or White Rock School.
4. Drilling a new we'll at Moody
Run School, in sub-district No. 4.
5. R~efurnishfng the school build
ings at Pine Grove in sub.district No.
1 and at Monumental in sub-district
No. s.
6. Making such other alterations.
improvements and repairs TO the
school buildings of said district as
may be deemed necessary.
And 1t is further ordered that. .pur-
suant to Chapter 81. Acts of the Legis-
lature of West Virginia, extra session.
1908, as amended and r~e-enacted by
Act of the said Legislature, regular
session. 1915, a direct annual tax be
collected in said district, sufficient to
pay annually the interest on said
bonds and the principal thereof within
and not exceeding thirty years from
date of said bonds. and. for said pur-
pose an annual maximum special
bond levy of ten cents on the one
hundred dollars valuation on all of
the assessable property in said dis
trict is hereby authorized % pay said
interest and to provide q sinking fund
to pay he principal as required by.
law; and as hereinbefore stated, said.
bonds shall be subject to redemption.