West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-01-20

quired 20 give security therefor a.
provided by law
IL Is also apparent TO the court. and
The court being OF the opinion that the
maximum rate OF levy in the said
Haywood district. which the court h
authorized 20 lay, as provided in Sec
ions 2. and 4 OF chapter OF The
Acts OF the Legislature OF West yir-
slnla, extra session OF nineteen hun
ired eight. will not produce sufficient
unds To pay the interest on such pro-
posed bonded Indebtedness OF one
hundred sixty-four thousand dollars.
ma TO provide a sinking fund for the
ischarge OF the principal thereof in
hirty-four (34) years; and IL further
appearing %, lie court and the court
9th so find that the maximum levy
'ecessary each year during the said
hirty-four (34) years TO pay the said
interest and TO provide a sinking fund
N said proposed bond issue or ore
undred and sixty-four thousand dol
ars, is three and one-half (3h) mills
IN each one (S1.ool dollar valuation
taxable property I'm said KingwOod
istrict. The County Court therefore
9th hereby order and direct that a
ote OF the legal voters be taken in
the county OF Preston, in the said
tate of West Virginia. on
tuesday, the 18th Day OF January, 1916
m the question OF authorizing a max
mum special bond levy OF three and
ne-haf t3i5) mills on each one
$1,000 dollar valuation OF taxable
property in said Kingwood district,
pay the interest on, and provide a
linking fund for the discharge OF said
proposed bond issue hereinbefore pro-
'ided; and that said vote shall be
AIKEN on the question last aforesaid
It the several voting places IN the
aid magisterial district OK Ilirg-
wood. al said special election, TO be
leld on Tuesday. the 25th day OF jan
iary 1915, which has heretofore been
directed to be held for the purpose OF
aldng vote on the said proposed
lond issue Of one hundred and sixty
our thousand dollars. and the court
10th further order and direct that the
iame election commissioners herein
before appointed TO take the poll aud
ascertain the results OF said special
iond election hereinbefore provided In
such manner as is prescribed by Law.
take the poll and ascertain the re-
suits of said election on the question
II the authorization OF a maximum
special bond levy of three and oae-
lalt t312) mills on each one 81 OO)
iollar valuation OF taxable property
said kingwood district TO pay the
interest and provide n sinking fund
or the discharge OF said proposed
)ond issue. and IL is further ordered
hat the clerk of this court do forth
With prepare poll books, ballots. etc,
rs may be necessary for the purpose
# taking and certifying said special
lection on the question OF authorizing
aid maximum special bond levy as
foresaid, to be delivered by him to
iaid commissioners of election: and
aid commissioners of election, hold
ng said special election at the several
'oting places in said magis,eral dis
riot OF Kingwood shall cause 70 be
AIKEN and ascertained, the resrlt OF
aid election on the question o au-
horizing said special bond levy az The
several voting places for which they
IRE appointed respectively; and the
aid vote and poll be taken az the said
several voting places on the said spoc-
al bond levy and the results aseerlain-
q and certified according TO the regu-
alton concerning general elections
ina elections under the provisions of
napier OF the Acts of the Legisla-
ure of West Virginia, extra session
9OS; which vote shall be taken on
eparate ballot on which shall be
printed Special Election TO Authorize
| maximum special bond levy OF three
md one-half (31a) mills on each one
$1,000 dollar taxable valuation of all
he property in Kingwood district, to
provide for the payment of interest
md sinking fund on one hundred end
'iXty-four thousand dollars, according
the order OF the County Court OF
Preston county, entered on the 2nd
lay OF December, 1915. Directly an
ierneath shall be printed in two SEP
lrate lines, first, the words "For the
-eVy," second, the words. Against the
.eyy," those favOring the levy shall
rase the words Against the Levy"
md those opposed thereto shall erase
he words For the Levy"
1t is further ordered that. in the
went Of the electorate OF said district
It said special election authorizing lie
ISSUANCE OF said bonds and the fixing
If said maximum special bond levy
II three aud one-half (8h) mills on
ach one ($1.00) dollar valuation OF
I'll the taxable property in said King
wood district, the sinking fund thus
reated by said maximum special
lond levy may be used by the said
curt in the purchase OF any Of said
)onds issued hereunder, but before
he said court shall mako purchase OF
my OF said bonds out of said sinking
'und, as herein provided, the court
hall cause a notice to be published
once each week for two successive
weeks in a newspaper OF general 6ir-
ulation published in the city of King-
wood or elsewhere. as may be des;kr
lated by the court, for written pra.
)osals to sell It said bonds issled
hereunder and then outstanding. and
The court, to the extent Of the sinking
und at its disposal available therefor.
'hall purchase said bonds offered 10 It
10 the lowest price asked therefor.
'uch purchase TO be made at the Office
II this court in the city OF Kinew0oa.
Preston county, West Virginia. or al
me kingwOOd National Bank or The
Bank OF Kiugwood in tho town 81
<tngwood. or at The Tunnelton Bank
the town Of Function, iu the state
jt West Virginia. at the election ~
he court. upon surrender OF said hOfd
Or bonds with all unpaid interest csn-
)on5 pertaining thereto ON tho semi.
lhnua interest date. next following
ana publication, and the court snH
1--WE the owner or owners of Tic ha3ds
hose proposals may be accepted ieh
iolce OF such acceptance as Che court
nay deem reasonable. in the event
nat two or more proposals are fsf lhd
ale Of bonds at identical amounts IL
ng lower than the amounts asked In
lthar tenders received by tho court.
he court shall decide in Dee discreet on
Fhich prcpos al or proposals "a stall