The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-06-03


1919. the following order was adopted
and entered OF record. namely:
IL appearing TO the Board Of Educa-
tloh OF said Liberty District. that to sc-
eommodate properly the youth OF school
age. residing In said district. IL is neces-
sary TO Issue bonds in the sum of Thir-
tH-tive Thousand Dollars. as provided By
Nhapter 20 OF the Acts OF the Iegisla-
ture. 1911. in order to procure money
Tor the purpose of building. completing
.hlsrsing. repairing and furnishing the
school house or school houses in said
district: "a having been DETERMINED thar
thls proposed bonded indebtedness to-
Scther with the present existing indebt-
.tpness; 90 not exceed pa per centum Of
thc value OF the taxable property an said
district. as ascertaincd BY the last as
sessment Tor state and county taxes: and
said Board OF Education being OF the
opinion that the maximum rate OF levy
provided FOR In section n of chapter ~
Acts OF the Legislature. extra session
isVe. viii not produce sufficient funds
20 pay the interest on said bonded in
debtedness and provide a sinking fund
Tor me discharge OF the PRINCIPAL in the
mum ner OF years authorized by the issue
OF sald proposed bonds without laying
"A maximum special bond levy as herein
after mentioned to pay the interest and
provide "A sinking fund:
therefore In pursuance Of the fore
going and said chapter 40 of said Acts
OF the Legislature of 1911 II is hereby
resolved and ordered that the Board OF
EDUCATION Of said Liberty District. do
'A'N HA'h's IN tht sum OF Il hlrtN five
thousand Dollars. and issue and sell
bonds TO raise said amount for the pur-
pose OF building. completing charging
repairing and furnishing certain school
houses. VIZ: Sub-District No 1 located
AZ valley Grove. now desi gnated as sub
District No. 4. Sub-District No. = knwn
as center school house. now designated
as sub District No. . and No I located
in the town of West Liberty and nu,s,
desi mated as Sub-District No. IL
ma 10 provide more definitely con-
eIhing said bonds u is further ordered.
l. said bonds shall be seventy In num-
Der, OF the denomination OF $500. 90 each
ana numbcre from one To seventy mas
ing the aggregate Thirty-five Thousand
2. said bonds shall bear date on the
first day Of August. 1916. and b. pay
able IN consecutive order according TO
,Il'l respective serial numbers. COM
mencing with bond No /. in success
siNe years as follows; Ten bonds on tn.
on the first day Of January of each year
hereafter. until and including the year
1915, al the CITY liauk of Wheeling in
the city Of Wheeling. Ohio County W.St
virginia. and shall bear Interest from
thtir date at the rate OF five per ceutuun
p,i anhum' they shall have coupons at
tachcd Tor the payment OF the interest
thcts"n. and the same shall b.. paid an
hualiy at the same place that the bonds
ar ,y pay able. ON the iirst day of January.
year. until the bonds mature unless
to law.
3. Said bonds shall be psvablc 70
bearer by The Board OF Educsti0, or
said Liberty District" IN the County of
ONO, state of West virginia. and snail
De signed by the president and secretary
respectively. of said Board. and the
corporate seal Of the Board shall b,
affixed thereto. and the interest coupons
shall likewise b. So payable and bear
secretary. and they shall be cut OF
when paid.
4. said bonds shall refer on their face
70 chapter p. Acts Of the Legislature OF
west virginia, extra session. 1908 uu-
der which they are issued. and shall con.
tam reservation OF the right of said
hoard 10 pay off and redeem the same.
or any one or more of IN, same aft-r
ten years from tn. date of issue AS. mr.,
Nld'd tA this order. and shall also star.
That provision has been made f'-r M.
'"ll'cti"n 81 direct annual tax To pay
annually the interest thereon and the
principal thereof within aud NOT .Ncr.l-
iug thirty-four years
.. said bonds shall first b. Offered in
writing 20 the Board OF Public Works.
prior 20 advertising the same for sal.
a. prov by section Pc OF Chapter q
81 the Acts Of 1915. Of the I.egisIatuf. OF
west Virginia. and 90 not accented ard
purchased by the said Board OF public
"rkS, then the said bonds or such OF
them as shall not have been 40 accented
ana purchased. after having been adv.r-
used IN some convenient ueNspapsr for
four weeks previous To- such sale shall
D. sold at public sale 60 tho highest hid
der in writing Tor cash az not less than
th"ir par value, and the proceeds arfe-
INK from said sale Of said bonds shall
b" used Tor the purpose OF building com
De tluE, "ularginE. repairing and fur
nishtng certain school houses tfz. Sub.
District No Co b. located az valley
Grove ia the said Liberty District r,l,,-
designated as sub District No Trr
sum OF Fifteen Thousand Dollars there
OF shall De- issued for the purpos. Of
building. completing. eularginr. rspair-
INK ana furnishing the said school hDIi. 4.
az valley Grove. The sum of Ten Thou
sand Dollars thereof shall De used FOR
Oh" purpose of building. completing. en-
larEing. repairing and furnishing the
said school house and buildings 20 Do.
located az tho school House nov kn.,,,
a. Center and now designated AS sub
District 40. %. and tho sum OF Ten Thou
sand Dollars shall b. used for tE. utir-
pose Of building. completing. enIarFine.
roT airing and furnishing III. school
house 20 De- located at West Liberty ir
No. ID.
And h. is further ordered that a direct
annual taN De- collected in said district
sufficient 90 pay annually IN. Interest
on said bonds and tho PRINCIPAL thereof
within and not exceeding thirty four
years from date Of said bonds. and Tor
said purpus" an annual maximum srart.f
bond l'Fy ~ thirteen and uue-haIf tfai-C
cents ON ih" on" hundred dollars ,aIua-
tiuu ON nII Uf the ID. et--4af.f. fr.r...rf,. d.,
said district is hereby authorized fo nav
said interest and provide a sinking fIrJ
z" pay The principal rs required hy Law.
ana ne hsrriuhf fore stated said hands
shall b" subject fH redemption. after faU
years from their date al fhD opfIau 81
said Board. The Secretary by order or
Tho BOARD shall each year give rofIr. nv
publication fu tho holder or holders ~
fhH bonds fO Do redeemed that ON or al.
fer u daN named the designated bond or
bonds. with any accrued and unpaid .r-
t'rc-f VIII D. paid upon presentation.
thnt IT not presented they shall c.aea
10 bear Interest after Tho last rubIira-
tinu n said notice. that said not Ir. shah
b" published FOR two successive weeks La
ono ur more nrwsupplrr iu ohio County.
prior fn such designated dHy OF rngrn.rs
Tho money ao levied AMI collected ID,
r1T th. principal and interest on ssfd
bonds shall not he ISSUED and mo- sail.
ihtrDnf ehnII %. mad. until 900 Questions
connected Herewith shall have been f.r.t
submitted fu vote OF fhr reuuf. OF
.rId i..b.rfF District rf tu election hsft
i'. 'nHf rurruas. and shalt have received
f.r... iIffH. Of 900 fn. votes cast for and
HEHIr.f fn. rHm.
Dr. ~ therefore ordered fIHf Tho rre.I
Dent of fh. Board off Education ri said