The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1915-05-01


somnissionsrs All uso1s3s which snAii
have heretofore ben paid into the tr-as-
nry upon and on account Of the direct
ments Of this ordinances. While the s.Sf
y me duty OF the council and City
some bank or bank % ne eitv -
wheeling Al the best rate Of interest
they can obtain. whi~h Interest shall b
accounted for ana paid over into the
treasury upon making payments 10 the
eommissioners OF the principal Of tbs
iunds derived from such taxes- The re-
ceipts OF said commissioners for moneys
shall b. filed By the Treasurer With the
auditor Of said city and shall By the said
Auditor be preserved.
Sec. 9. The said commissioners out
issued with the bonds issued under this
day july ss on s sss Sa d, dsy i Of
July In each and every year thereafter
until the bonds issued hereunder arr
1926. and on the LIST day OF July in each
ana every year thereafter until the bonds
issued hereunder are fully paid they
snall Apply the money coming into their
hands for that purpose 20 the payment
OF the outstanding bonds issued here
under a. n rate no. greater than their
and unpaid. The bonds TO be redeemed
shall be determined by the Commission
ers annually: that Is To say. on the 15th
er- shall determine The bonds to be re-
deemed on the following LIST day Of July
and on the 10Th day OF June in each and
every. year thereafter until the bonds
issued hereunder are fully paid. the said
commissioners shall determine the bonds
70 DC redeemed on the following LIST day
shall thereupon Immediately give notice
TO the holders thereof by advertisement
Two week. 1n ~. ssi hS nsxs sassp1sd rer
ed and published In the city OF Wheel
Ing. stating the numbers Of the bonds
to be redeemed. that the same will be re-
deemed at the said offIce OF the Treas
urer OF the city OF Wheeling on and AZ
ter the lst day OF July next succeeding.
and will cease TO bear interest there
after.
Provided further. however. that ~ the
holders OF all OF the said bonds draw by
lot shall be known TO the said commits
give actual notice In writing TO sail
holders within ten days after such draw
Ing. which notice shall be the same as
that herein otherwise required to be
published. and such actual notice shall
have the same effect as ~ IL had been
published In the manner hereinbefore set
OF each of said bonds that
IL shall be liable TO redemption
at it's par value with interest. ~ any.
accrued and unpaid. on and at any time
after the LIST day OF July, 1925. The said
city OF Wheeling hereby pledges and
oblisates itself 10 pay each and every
bonds are fully paid off. the one-twenty-
ftfth (l-25) of said bonds so issued and
not paid before the lst day OF July. 1925.
Sec. Z. IL shall be the duty OF the
said commissioners TO cancel. as they are
redeemed. the bonds and coupon--paid BY
them. and they shall ON or before the
LIST day Of January In every year. begin
ming with the year 1917. and oftener IL
required by council. deliver to the Audi
tor of the said city. all redeemed and
cancelled bonds and coupons in their
hands. and the Auditor shall preserved
the same IN book TO be provided for
Sec s. IL shall be the duty OF the
commissioners to keep n true account OF
their receipts and disbursements. and to
report the same 20 council annually in
the month of January, and at such other
times as Council shall order.
Sec. .. The council OF said city may,
FOR cause. remove any one or more of
the said commissioners or OF their sue
cessors: and the commissioners or their
SUCCESSORS. or any one OF them. may re-
Mayor or Auditor os the said city OF
Wheeling. Council shall have power
upon the resignation. death or other In
ability to serve OF any one or more OF
said commissioners. 20 elect n new com
missioner or new commissioners. The
said election shall be made by council.
In joint session IL council shall at the
time consist OF two branches.
Sec. 10. No person shall act as COM
missioner under this ordinance until az
ter he shall have given bond. with good
security approved by council. In the PEN
atty OF ten thousand dollars. (Si0, 0OO.0 O)
which bond shall be payable to the said
city Of Wheeling. and shall be condition
ID to the following effect: The condi-
ton OF the above obligation is such that
whereas the above bound has been duly
appointed a commissioner under an ordi-
nance Of the city OF Wheeling entitled
An Ordinance TO Provide for the Issue
and Sale of Bonds Of the City OF Wheel
ing to be known as FILTRATION Bonds OF
1915" and for the redemption and pay
ment thereof passed on the -- OF
-. 1915. and has accepted the said
appointment: Now therefore. II the said
- shall in all things faith
fully and diligently discharge his duties
as such commissioner. and shall well and
truly account for and pay over TO such
person OF persons as shall be entitled to
receive the same. all moneys that shall
come into his hands or into his control
as such commissioner. then shall the
q regoing obligation be void. otherwise
IL shall remain In full force and virtue"
Council may from time TO time require
such additional bond az ~ may see fit.
Each commissioner must be a citizen
and resident OF the city OF Wheeling:
removal from the city after appointment
as such commissioner shall work a
caucy in the said office. and the said
vacancy shall be filled as soon as parcti-
cable BY Council as provided In section 9
Sec. n. 1t shall be the duty OF the
commissioners 20 enforce each and every
provision Of this ordinance I'm relation TO
their duty, according TO Its true intent
and meaning. and any failure OF any COM
missioner to comply with any duty pre-
scriDcd by this ordinance or 20 perform
any such duty shall be deemed a viola
ton Of the condition Of his bond.
Sec. u. Before the commissioners
shall make any sale of said bonds they
shall advertise for a. least four weeks In
the daily newspapers published In the
city of Wheeling. specifying the time
when and the place where. In the said
city. they will receive bids In writing for
said bonds Should the bids exceed the
amount Of bonds TO be issued. the bonds
shall be hpportioncd b. the commission
era amongst those bidding the highest
price.
Sec. 10. The commissioners shall re-
cetve. as aforesaid. for their services
one half Of one percent Of the amount
disbursed by them under this ordinance
IN tho redemption OF the bonds issued
hereunder. and the payment Of interest
upon such bonds. and no more. such
compensation shall be- tn full for all ser
Vices OF every description rendered b. or
Of them. under this ordinance and no eN-
ira pay for clerical or other services
shall b. allowed TO exceed fifty dollars
fkIN.1Nb per annum. such commissions
shall b. charged only upon the amount
.Of money received by the commissioners
for the redemption % bonds issued un-
der this ordinance pnd the payment Of
interest thereon and BY them applied.
Such redemption and payment or inter
80. end such commissions. shall not be
charged on money received from the sale
o. bonds under this ordinance.
Sec. IL Should the date 81 the pay
mcnta mentioned iu this ordinance fall
upon sunday or legal holiday. such
F.naraaHHa nFmm b. nod. NO.. 49,. 800