The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-05-20

CATION OF THE DISTRICT OF CLARK,
IN THE COUNTY OF HARRISON. FOR
THE PURPOSE OF BUILDING AND FUR
NN si'i ESl.AR WH FAM AND F ne;
ONE SCHOOL BUILDING; FOR A LEVY
TO PAY INTEREST ON SAID BONDS
AND PROVIDE A SINKING FUND
W E9ioS iI,H AMP F3h r S SpEsi Al,
THE PEOPLE ALL QUESTIONS CON
NECTED TIiEREwITH.
Whereas, II IL necessary for the Board OF
Education OF the District Of Clark, In the
County Of Harrison Hereinafter sometimes
called the Board Of EducationJ to borrow
the sum Of forty thousand 100000 dollars
and issue bonds therefor, for the purpose
OF building enlargins and furnishing, as
School District OF Clark, In Clarks District,
In Harrison County, West Virginia, (hers-
tnaf.er called sud school district and,
Whereas, the value OF the taxable prop
erty In said school district az ascertaiued
by the lRst assessment for state and coun-
.ty purposes ID four million four hundred
and two thousand three hundred and six
4 ,4Q.,S0o dollars, and sid sum 30 to be
debtedness, In the aggregate. exceed two
and one-half per centum OF the value Of the
taxable property in said district as as
ccrtsined by said last assessment sI and.
the opinion that the maximum rate Of levy
provided In section twenty-one of chapter
forty Ave Of the Code Of West Virginia, as
4cs d WAND and Rs chsRss 81 q
duce sufficient funds to pay the interest on
such bonded indebtedness. and provide q
sinking fund for the discharge Of the prtn-
eipai thereof in the number Of years su.
maximum rate Of levy Of ELEVEN cents
upon each one hundred l1oO) dollars Of
valuation Of taxable property, will be nee
s e. IN each year to pay said interest and
Now, therefore, be 1t resolved by the
Clark in the County Of Harrison:
ane sS sd, q dS 6S5
dollars aforesaid for the following pur-
poses, to-wit: to build and furnish with.
Ing said school district of Clark In said
S9u ES Of n ss ssss Of .e %s,
building on the site now owned by said
Board on the south side Of the Clarksburg
and Buckhannon Pike and opposite the
SCHOOL bui,din on The ens Site tSs ptesens
so.called Custer school. and to enlarge and
furnish the enlargement Of the existing
Industrial schooi building situate In the
that she Beae S 81 hda sa a. issue as
therefor Its bonds, Ito be known and des.
ignated as Building Bonds of 1016''l Of
the principal sum Of One Thousand (1,0O0)
from one to Y forty "a, both ineinsiSs
and Of the aggregate amount Of forty thou
sand 100000 dollars, bearing date OF the
first day III July, nineteen bundled and
tbe. drst day Of July I' nineteen hundred
United States 81 T. sa s sS q e. IL
present standard Of weight and aneness, at
West virginia. with interest thereon from
the date thereof ut the rate Of I'VE (5)
per eentum per nnnura, such interest to be
payable At said ofiice In like gold coin.
aud July In each year. until the principal
sum thereof shall be fully paid, upon
presentation, and surrender Of the interest
coupons. TO be thereto annexed as they sew
shall have the right on any interest day af-
ter tho first day Of July, nineteen. hundred
and twenty six, 1920 to redeem said. bonds
or any Of tlepi, either by paying. to the
redeemed IN person or by depoiitiha IT.
said ,bank a; sum In like gold sufficient to
pay the principal. sum Of such bonds so
% bs redeemed and the accrued interest
and upon and by making such; payment to
said holder or holders or depobit ut said
ohtcc all interest on said bonds 70 to be
EJdssmsd shall cease, and the Board Of
all further liability for the principal sum
Of and any. interest on, said bonds so TO-
DO fedesmed; provided, However. that said
aftor tho bonds to be redeemeds shah have
hsen> selected BY the Board Of Education,
by lot from the other bonds, OF the. same
sssstSn dus noass g The Sofder Or i hoi
ders Of such bonds 10 be redeemed, OF
the election OF the Board Of Education to
redeem such bends, the date Of such re-
boadI TO bs redeemed, shall 10 given either her
tn person or by publication once In each