West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1915-12-30

quired to give security there}
provided by law.
II IL also apparent TO the court. \
the court being OF the opinion that th<
maximum rate OF levy in the said
Nngwood district. which the court a
authorized TO lay. as provided In sec
Ions 2, and OF chapter 9 OF the
Nets OF the Legislature of West viz
sinia. extra Session OF nineteen hun
ired eight, viii not produce sufficient
,unds to pay the interest on such pro-
posed bonded Indebtedness OF one
hundred sixty-four thousand dollars.
md to provide sinking fund for the
discharge OF the principal thereof. in
hirty-four t3D years; and IL further
appearing 10 the court and the court
10th so find that the maximum levy
necessary each year during the said
hirty-four (34) years TO pay the said
interest and TO provide a sinking fund
IN said proposed bond issue OF one
hundred and sixty-four thousand dol
ars, Is three and one-half (3h) mills
On each one (S1.00) dollar valuation
II taxable property I'm said Kingwood
district. The County Court therefore
10Th hereby order and direct that a
'ote OF the legal voters be taken in
iaid magisterial district OF Kingwood,
the county OF Preston. I'm the said
State OF West Virginia. on
Tuesday, the 25th Day of January, 1915
IN the question OF authorizing a max
mum special bond levy OF three and
Dne-half (31) mills on each one
$1,000 dollar valuation OF taxable
property in said Kingwood district.
pay the interest on. and provide
sinking fund for the discharge OF said
proposed bond issue hereinbefore pro-
yided; and that said vote shall be
taken on the question last aforesaid
N the several voting places in the
said magisterial district OF King
wood, at said special election, to be
held on Tuesday. the 25th day of jan
lary, 1916, which has heretofore been
directed to be held for the purpose OF
taking vote on the said proposed
pond issue OF one hundred and sixty
our thousand dollars, and the court
10th further order and direct that the
same election commissioners herein
before appointed to take the poll and
ascertain the results OF said special
bond election hereinbefore provided. in
such manner as is prescribed by law.
| TO take the poll andsascertain the re-
suits or said election on the question
d the authorization OF a maximum
1 special bond levy of three and one
| half (3R) mills on each one ($l. O0)
/ 1ollar valuation OF taxable property
| in said Kingwood district to pay the
| interest and provide a sinking fund
for the discharge of said proposed
bond issue, and IL Is further ordered
that the clerk OF this court do forth
with prepare poll books, ballots, ETC.,
as may be necessary for the purpose
OF taking and certifying said special
election on the question OF authorizing
said maximum special bond levy as
aforesaid, to be delivered by him to
said commissioners OF election: and
said commissioners of election. hold
ing said special election at the several
voting places In said magisterial dis
trtct of Kingwood shall cause to be
taken and ascertained, the result of
said election on the question OF au-
| thorizing said special bond levy al the
several voting places for which they
are appointed respectively and the
said vote and poll be taken at the said
several voting places on the said spec
al bond levy and the results ascertain
ed and certified according to the regu-
lation concerning general elections
and elections under the provisions OF
chapter of the Acts of the Lsgisla-
ture of West Virginia. extra session
4 ASVo, NOlt bUdll De taken on a
separate ballot on which shall be
printed Special Election to Authorize
maximum special bond levy Of three
and 'one-half (31z) mills on each one
t$l.OO) dollar taxable valuation of all
the property in Kingwood district, to
provide for the payment OF interest
and sinking fund on one hundred and
SiXty-four thousand dollars, according
TO the order OF the County Court OF
Preston county, entered on the End
day OF December, 1915. Directly UNI
derneath shall be printed in two sep
arate lines, first, the words "For the
Levy" second, the words, Against the
Levy" those fayoring the levy shall,
erase the words Against the Levy"
and those opposed thereto shall erase
the words For the Levy"
1t is further ordered that, In the
event OF the electorate of said district
at said special election authorizing the
issuance of said bonds and the fixing
of said maximum special bond levy
OF three and one-half (31a) mills on
each one ($1.00) dollar valuation OF
all the taxable property in said King
wood district, the sinking fund thus
created by said maximum special
bond levy may be used by the said
court in the purchase Of any of said
bonds issued hereunder, but before
the said court shall make purchase of
any OF said bonds out OF said sinking
fund, as herein provided, the court
shall cause a notice to be published
once each week for two successive
weeks in newspaper of general cir
culation published in the city of King
wood or elsewhere, as may be desig-
mated by the court, for written pro-
posals to sell il said bonds issued
hereunder and then outstanding. and
the court, to the extent of the sinking
tund at its disposal available therefor,
shall purchase said bonds offered tn e
at the lowest price asked therefor,
such purchase to be made at the once
OF this court in the city of Kingwood,
preston county, West Virginia, or az
the kingwood National Bank OF the
Bank of Kingwood. in the town OF
kingwood, or at The function Bank,
in the town Of Tunnelton, in the State
OF West Virginia. at the election of
the court. upon surrender of said bond
or bonds with all unpaid interest cou.
/ pons pertaining thereto, on the SEMI
annual interest date, next following
said publication, and the. court shan
| give the owner or owners OF the bonds
whose proposals may be accepted such
notice of such acceptance as the court
may deem reasonable; in the event
that two or more proposals are for the
sale Of bonds at identical amounts. be-
/ ing lower than the amounts asked In
| other tenders received by the court.
the court shall decide in its discretion
Which proposal or proposals it shall