The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-09-06

MUNICIPAL .BoNDs:. FOR SALE ALE
1870, 500 dollars PAVING BONDS, sEA-
lis OF 1915, PAYABLE IN GOLD.
Sealed proposals viii be received ut the
council chambers Of the Town OF Steuley
Heights, Harrison County, West virginia,
until noon on the 18th day Of September
1919, for the purpose Of all or any num-
Der OF the following Bonds.
Forty one bonds (4i) with the ngRregnte
par value Of TWENTY THOUSAND FIVE
HUNDRED 20,JOOl DOLLARS issued by
the Town Of Stealey Heights for the FOL
lowing purposes:
Avenue from Baker avenue TO Davis
Street. Davis Street from Dun Street to
Hart Street, Duncan avenue from It's IN
tersecting Dun Street TO Bond Street and u
certain Alley from Hnrtland Avenue to
Alexander Avenue to the amount Of
EIGHTEEN THOUSAND FIVE HUN
DRIED (SlS,500l DOLLARS.
2. To grade, pave and curb the squares
at the Intersections of the streets at Steal
ey Avenue and Davis Street, Davis Street
and Hart Street, Davis street and Ger
tain Alley, Duncan Avenue md MRDowoll
Street, duncan Avenue and HRsf Street,
Duncan Avenue and Bond Street,
grade pave and curb tho squares of all
the other Streets aud Alleys intersectlng
said streets proposed TO BIO paved 70 the
amount Of TWO THOUSAND ($&2,O0o)
The said bonds are issued under author
ity of an ordinance adopted by the COM
mon council of said Town on the 18th day
Of July, 1916, and which ordinance, and all
matters pertaining thereto, were regularly
adopted by the common council Of tho
Town of Stenley Heights on the 18th day
Of July, 1910 and published, MS required
by law, submitted to n vote Of the cleo
tors Of said Town at an election called
and held In sald Town ON the 18th day Of
August, 1910 at which said election said
ordinance WINS authorized and said loan
and levy authorized by more than three
fifths $50 Of the votes cast Mt said cleo
ton.
The bonds are of tho amount each Of
FIVE HUNDRED DOLLARS, dated Sep
tember first, 1916, and bearing interest Mt
the rate OF six per centum per nnnum,
payable annually on the first day Of Sep.
tember. 1925, OF each and every year, and
which bonds are payable on the frst day
OF September, 1925, with the right to the
said Town to redeem the same on any in
tereSting date after September first, 1915,
by paying a sum In gold sufficient to dis
charge the principal OF the bond, and nc.
crued interest. The bonds to he redeemed
are to be selected by lot, the holder thore-
Of to have notice in the meantime of tho
intention Of the Town to redeem such
bond.
The bonds, principal and interest, are
payable at the Union oIl, National a., imi
Town and bond holders, in Clarksburg
West Virginia.
These bonds will bo sold for cash to
the highest and best bidder or bidders, 80
as to realize the largest amount for tho en-
tire issue, Mt public sale, upon oferB In
writing submitted as herein required, the
Town to have tho right to award to any
bidder any number OF the bonds up to the
amount OF his bid.
The bidder must accompany his bid with
a certified check payable to the order OF
the Town OF Stealey Heights, for an
amount to equal five go Of his bid; the
Same to be returned II his bid IL not nc-
copied.
Ali bids must be securely sealed and en-