The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1915-03-12

and Canebrske and u the town Of Hart
we'll.
THIRD: Beginning az the town Of
Cenebrske aud crossing the ridge be-
tween Dry Fork and JacDbs Pork and
connecting With the proposed road up
Jacobs Fork at or near squire post office
IL appearing 10 the court that said in
debtedness, including existing indebted
ness. does not exceed t~o and One-half
g. l-2) per c~ntum Of the vaue ~ the
taxaote trvr--rty 81 said magisterial dis
trlct A. sscertained 10y the last assessment
for state and county lesiss previous To-
the mourning of indebtedness, and u ~
further ordered that there he levied AMI
collected uDOn the tsxabie property 81
said Big Greek magisterial district d.
rect annual tax sufficient o. pay -eini-
annually the interest on said bonds and
the principals thereof within and not tx
'eediLg thirty 800 years. hut such tax
shall not EXCEED twenty (2l) cents ON
each one hundred dollars tslor go val
uation of the taxable property in said
magisteria district.
said bonds shall be issued i'm denom-
nations of not less than one hundred
i)llArs (SlOOVD), nor more than one
thousand dollars tSlW0OO). and shall
~ dated the LIT day Of May, 1919. AMI
re payable on the lst day Of May. 1919.
but may IT, redeemed at any time after
wenty t3D) years from the date thereof.
Il the option 81 the County Court of Ne
DOwell county; they snail be payable at
the BerW ind Bank, Berwind, Mcdowell
county, West irginia, and shall bear
interest from their date until pald at the
rate OF five 60 per centum per anDum:
they shall have coupons attached for the
payment OF the interest, and the same
.hall be paid semi annually at the same
place that the bonds are payable, on the
q It day of May and lst day Of November
IF each year. until the bonds mature. I'M
less sooner redeemed or cancelled accor-
ling Ia law.
sand bonds shall refer on their face To-
Chapter -, Acts of the Legislature of
West Virginia, Session 1911 under which
hey are issued, and shall contain a rtser
vatlOn Of the right OF said county court
tO pay OIL and redeem the same, or any
me or more Of them. after t~enty (abD
years from the date Of issue, ~ provided
10y this order; and shall also state that
provision has lseen made for the cOllec-
rOn of a direct annual tax To pay semi
annually the interest thereon, and the
principal thereof within and not excee.i-
lng thirty CAP years.
Upon the ratification of this order by
not lessthan three-fiiths Of the legal vo
sers of said Bit Greek magisterial dis
trict, voting on the same at said sy,ecia
election, the said bonds shall be issue..
m the name OF said district, and IN.
President II this Court il hereby author.
zed and empowered 70 execute, sell ant
deliver the said bOnds, AMI re~rive Ia.
prOcee'is thereof a. proviis-i by law.
said bonds shall lie payable tn bearei
by the County Court OF Mcdowell coun
| ~, from funds derived from the lev,
herein provided for upon the property %
-aid Big Greek magisterial district, an.
.hall he signed by the President Of -ai,
Court, and countersigned by the clerl
thereof, with the seal of the Count,
Conrt attached thereto. and the intere~
'oupons shall he likewise payable. ans
shall hear the engraved or printed sig
lature OF the clerk, and they shall be ca
1T when paid
Said bonds, after having been adver
| tlsed m some Newspaper for four week
previous 10 the sale, shall he sold at pub
L. sale 10 the highest and best bidder f.
ash, AT not less than the par value, an,
he proceeds arriving from said sale a.
<aid bonds shall be Used tor the pnrtsO-
constructing roads in said Big Cree
nagisterial distri { as hereinbeiore pr
| 'ided.
As hereinbefore stated, SAID bonds sha
- subject To redemption after twent
t3O) years from thsir date, at the optiol
Il the County Cont Of Mcdowell county
The clerk, 10y order OF the Court. -ha
ach year give notice 10y publication L
he holder or holders of the bonds To- 4,
e'ieemed that on and after a day name,