The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-05-17
MUNICIPAL BOND SALE.
Seo,0OO.00 Paving Bonds, 1915 Series

IuyaOIe IN Gold.
Sealed proposals Will be received at the
Council Chamber OF the Town OF Lumber
port, Harrison County, West Virginia, IN
I'll noon on the 2Dth day OF May, 1915, for
the purchase OF all or any number OF the
following bonds:
Twenty-Five bonds OF the aggregate par
value Of $2U,UOOOO, issued by the Town OF
lunbeEport tor the following purposes;
To grade, pave and permanently improve
the following streets III the Town OF Lum-
berport, to-wit.
/. Main Street from It's Intersection with
the street West OF the Baptist Church 70
me corner OF Hill Street. IN the width o.
II feet.
2. Main Street from the corner OF mn
Street to the corner OF Chestnut Street, in
:he width OF 20 feet.
3. Main Street from the corner Of Chest
nut Street TO the present end of the street
TAR line, in the width OF II feet
1. Main street from the end Of the car
line to the railroad. III the width Of Ii feet
D. Main street along the street car line
to the river road bridge, in the width OF IA
feet.
Q. Chestnut Street from its Intersection
with Main Street 10 the corporate limits,
In the, width OF II feet.
Z. Bridge Street from Its intersection
with Main Street TO the western end OF the
bridge across Ten Mile Greek, IN the width
81 10 feet.
s. Bridge Street from the southern end
81 said bridge to the Short Line Railroad
right Of way, In the width OF II feet
ANY funds remaining from the sale OF
said bonds, after paying and improving the
streets above mentioned, snail be used for
The purpose OF paving Main Street with
concrete 70 width Of II feet, from the
Intersection of Main Street with the street
vest OF the Baptist Church and In a west.
trn direction until said street has been
paved TO the corporate limits or until said
funds are exhausted.
The streets above mentioned shall he
paved with either brick or concrete or
parts of them with brick ANA parts with
concrete and In such manner and portions
IS the engineer, employed by the Town ~
LumbcrpOrt- may direct.
The said bones are issued under authori.
" OF an ordinance adopted by the Common
Council Of the Town % Lum5crport. on the
Bird day Of April. 1916, and which ordinance
RAd AL matters pertaining thereto were nv
RS9elmation duly made by the Mayor OF
the Town OF LumbeFpOrt, on the 9Th dny
Of April, 1915, and published as required
by law submitted TO a vote Of the electors
Of said Town, at an election called and
held in said Town on the 18th day or
April, 1916; at which election said ordll
nance was ratified and said loan authorized
BY more than three.hfths Of the vote,
east at said election.
The bonds are each Of the amount OF
$4,000, dated June lst 1916, and bear in,
terest at the rate of six per Centum Der
nnnum, payable annually ~ the lst dag OF
payable on the LIST day of June, 1871, with
the right to the said Town of LunberpOrJ
20 redeem the same on any interest date
after June LIST, 1915, by paying a sum In
gold sufficient 10 discharge the principal Of
the bond and accrued interest. The bonds
10 be redeemed are to be selected by lot
The holder to have notice In the meantime
Of the intention Of the Town to redeem
Euch bond.
The bonds, principal and interest, are
payable nj the Lumberport Bank, at Lum.
berport West Virginia.
These bonds will be sold for cash to the
highest bidder or bidders so as to realize
the largest amount for the entire issue
at public sale, upon offers in writing sub.
nitted as herein required: the Town 10
have the right to award to any bidder any
number Of the bonds up TO the amount OF
Ills bid.
All bids must be securely sealed and
endorsed, Proposal For Bonds" and mail
Cd - a. y, Sharpsi Recorder, LumberpOrt