West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-01-06

Nell j. Il OTtuey
Chas. Spindler
G. II. Bucklew
l.. b. Williams
f. u. Orr
Clint Menear
w. b. Flynn
w. A. Brown
j. T. Spahr
+. w. Cox
Bruce Spindler
NJ. +. Martin
/. Parsons Martin
Mack Evick
Patrick j. Brown
NJ. l.. Keller"
And IL appearing to the County
Court, and the County Court doth SO
find, that more than fifty Of the fore
going subscribers to the said petition
hereinbefore set out, are legal voters
of and freeholders within the magis-
terial district of Kingwood, in the
county OF Preston and State OF West
Virginia.
And 1t further appearing to the
County Court, and the County Court
doth so find, that the amount of the
current road levies upon the property
assessed i'm the said Kingwood dis
trict, for road purposes, is insufficient
for the purpose of said permanent
improvements to be made. construct
ed and erected in said district, as set
forth In said petition.
And 1t further appearing to the
County Court. and the County Court
doth so find, that the total valuation of
the taxable property in the magister-
ial district of Kingwood, in the coun-
~ OF Preston. is $685. $4,000 Three
Million Eight Hundred Ninety-Five
Thousand One Hundred Fifty-Six Dol
lars, as shown by the last assessment
of property in said district for state
and county purposes.
And IL further appearing to the
County Court, and the County Court
doth so find, that the said magisterial
district of Kingwood. has a bonded
Indebtedness of Thirty-Five Thousand
Dollars, created by q special election,
held for that purpose on Monday. the
goth day Of June, 1913, and that there
is now the sum of $4,426.4S in the
sinking fund, provided for in the man
ner prescribed by law (as shown by
the sheriff's settlement of 1870. to be
applied on the payment of said bond
issue aforesaid. and there is therefore
still due the sum of $50, 573.02, which
the court finds 10 be the Indebtedness
and the only indebtedness of the said
magisterial district ofkingwood at this
time; also that said Preston county
has no floating or other bonded in
debtedness; and il further appearing
to the said County Courf, and the said
County Court doth so md. that after
deducting the amount of said indebt-
edness OF $3O,573.O2 of which the said
magisterial district of Kingwood is
now indebted; the amount of bonded
indebtedness which said magisterial
district of Kingwood may incur by the
further issuing OF bonds for the said
Improvement of the said roads in the
sum of $164,0O009 is not in excess of
the amount OF Indebtedness said dis
trict may incur at this time, inolud-
Ing the said Indebtedness OF $40, 573. o.
Now. on this day, after mature con-
sideration of said petition, the County
Court is of the opinion that the PRAYER
OF said petition should be granted
and the County Court doth hereby
grant the prayer OF said petition and
deeming 1t desirable that the said mag
isterial district Of Kingwood, I'm said
Preston county, should appropriate
the sum mentioned in said petition
ana Tor the purposes mentioned in
said petition, and 10 the end that said
appropriation may be made, the court
deems 10 desirable that the said mapts-
terial district OF Kingwood, OF this
said county, should be bonded in the
amount named I'm said petition, to-wit.
One hundred and sixty-four thousand
dollars, and that the proceeds arising
from the sale Of said bonds last afore-
said should be used I'm making per
manent improvements OF the roads
specified I'm said petition, and 10 the
extent therein set forth, by the use OF
concrete. lime, asphaltum or macadam
and such other materials as Is required
10 complete the work. end in the man
ner prescribed by law. and the Comfy
Court doth hereby order and direct
that a vote be taken OF the legal vol-
ers Of the said magisterial district of
knswaod, ip the founty of Preston.
state Of West Virginia, on the question
aforesaid, at the several voting places
In the said district Of KingwOod at "A
special election 20 be held for the pur-
pose of taking such vote, and an cleo
ton II hereby directed To be held on
Tuesday, the R5th day Of January,
Ninteen Hundred and sixteen,
upon the question or the issuance OF
the bonds last aforesaid. the proceeds
Of which said bonds shall be used for
the purpose aforesaid, set out I'm said
petition, which said bonds shall draw
interest at not To- exceed five per cen
tum per annum. payable semi-annualIy
on the first days Of January and July
~ each year. and be redeemable with
in thirty four years, but at the pleas
ace ~ che said msgisleriaI district
or the County Court, seriaily en- each
annual interest period after nVo (B3
years from the date of said bond.
The County Court hereby appoinfs
the following commissioners of oiee.
ton, % take the poll end ascertain tHe
results Of such election % such 3 man
$3.50 and certifying Che eseciion 81
and district oFfrn. - 81 Bfr
Ii7Dfcr 3 of fHe tcfa ~ {n
faofdiHafy 4ea4ioo ~ he
81 Wf.t la. cow
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