West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-02-03

sequiIeu 10 give security therefor as
provided by law.
IL Is also apparent TO the Court.
and the Court being OF the opinion
nat the maximum rate OF levy In the
aid Lyon district. which the court Ia
authorized to lay. as provided In sec
ions 2. and OF chapter 9 of the
Acts of the Legislature OF West Vir-
mia, extra session OF nineteen hun
red eight, will not produce sufficient
Inds TO pay the interest on such pro-
osed bonded Indebtedness OF one hun
red sixty thousand dollars, and to
provide a sinking fund for the dis
barge OF the principal thereof. I'm
,hirty-four (34) years: and II further
ppearing TO the court and the court
9th so find that the maximum levy
iecessary each year during the said
hirty-four ga years to pay the in
crest and 10 provide a sinking fund
said proposed bond issue OF one
undred sixty thousand dollars. Is
our CD mills on each one Isl cor dol
ar valuation of taxable property in
aid Lyon district. The County Court
therefore, doth hereby order and d.
ect that vote OF the legal voters be
AIKEN in said magisterial district OF
'yon, In the county of Preston. in the
aid State OF West Virginia. on
tuesday, the Goth day of February,
1916,
IN the question of authorizing a max
mum special bond levy OF four (41
Mills on each one (S1.00) dollar yalu-
ltion OF taxable property in said Lyon
district, TO pay the interest on, and
provide sinking fund for the dis
:harge OF said proposed bond issue
iereinbefore provided; and that said
ote shall be taken on the question
asst aforesaid at the several voting
Ilaces in the said magisterial district
IL Lyon, at said special election to be
Ield on Tuesday, the 18th day OF Feb
uary. 1916. which has heretofore been
ERECTED to be held for the purpose of
aking a vote on the said proposed
Iond issue OF one hundred sixty thou
and dollars. and the court doth fur
her order and direct that the same
election commissioners hereinbefore
!ppointed to take the poll and ascer-
ain the result of said special bond
lection hereinbefore provided in
such manner as is prescribed by law,
take the poll and ascertain the re-
suits OF said election on the question
If the authorization OF a maximum
pecial bond levy of four ~ mills on
ach one (S1.00) dollar valuation OF
aXable property i'm said Lyon dis
riot to pay the interest and provide
sinking fund for the discharge OF
aid proposed bond issue, and Il is
urther ordered that the clerk of this
curt do forthwith prepare poll books,
'allots, etc, as may be necessary for
he purpose OF taking and certifying
said special election on the question OF
authorizing said maximum special
pond levy as aforesaid, to be deliver
sd by him TO said commissioners OF
election; and said commissioners CT
election, holding said special election
At the several voting places In said
nagisterial district of Lyon. shall
,ause to be taken and ascertained the
esult of said election on the question
IL authorizing the said special bond
eyy at the several voting places for
which they are appointed respective
y; and the said vote and poll be taken
IL said several voting places on the
iald special bond levy and the results
lscertained and certified according to
ne regulation concerning general
elections and elections under the pro-
lsions OF chapter 8 of the Acts of the
Legislature of West Virginia, extra
session 1908; which vote shall be tak-
IN on a separate ballot on which shall
ne printed Special Election to Au-
thorize Maximum Special Bond Levy
If -Four "a Mills on each One Isl .OOl
iollar taxable valuation of all the
property in Lyon district, to provide
.or the payment of interest and sink
ng FUND on one hundred and sixty
thousand dollars, according to the or
der of the County Court of Preston
county entered on the goth day of Jam
uary, 1916" Directly underneath
shall be printed in two separate lines.
hrst, the words For the Levy, second.
he words, Against the Levy" those
'avoring the levy shall erase the
words Against the Levy" and those
opposed shall erase the words For
the Levy"
ii is further ordered that, in the
went OF the electorate OF said district
u said special election authorizing the
ISSUANCE of said bonds and the fixing
u said maximum special bond levy OF
our 90 mills on each one ($1,00) dol.
ar valuation of all the taxable prom
'rty in said Lyon district the sinking
und thus created by said maximum
pecial bond levy may be used by the
said court in the purchase OF any of
said bonds issued hereunder, but be-
ore the said court shall make pur-
'hase of any of said bonds out OF said
sinking fund, as herein provided. the
curt shall cause a notice to be puh-
lshed once each week for two success
i've weeks in a newspaper Of general
circulation published I'm the city az
NlhgWood, or elsewhere, as may he
designated by the court, for written
proposals TO sell II said bonds issued
Vrcunder and then outstanding. and
&c court, to the extent OF the sintrIng
Iund at its disposal available there
ore, shall purchase said bonds offered
o II at the lowest price asked tbere-
ore such purchase to be made at fba
once or this court in the City of King
wood, Preston county. West Virginia
or at the Newburg Bank. I'm the town
OF Newburg, State of West virginia
AT the election Of the court. uDon snr,
'ender or said bond or bonds with All
unpaid interest coupons pertaining
hereto ON the semi-annual Interest
date next following said publication.
ma the court shall give the owner ar
owners Of the bonds whose proposals
nay DC accepted such notice OF such
acceptance as the court may deem
eaSohaDle' IN the event that two or
uo'e proposals are for the sale OF
Oohas at identical amounts being low
" than the amounts asked I'm other
,enders received by the court. the
curt shall decide in its discretion
"hich proposal or proposals II shall
'ccept' provided however, that ~
purchase shall be made that will pro-
nut the court from caring for or ao-
turing the series OF bonds az shown
py the face Of the bonds thereof ana