West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-02-10

burg Bank. in the town OF Nowburg.
Vest Virginia. In the manner prescrib-
I'd by law. n the said bank shall be
required to give security therefor as
provided by law.
II is also apparent 70 the Court.
and the Court being OF the opinion
hat the maximum rate Of levy IA the
aid Lyon district. which the court Is
authorized TO lay. as provided Ia sec
ions 2. 3 and 4 OF chapter 3 OF the
Acts OF the Legislature OF West vir-
1nia. extra session of nineteen hun
red eight, will not produce sufficient
1nds TO a the interest on such pro-
losed bonded indebtedness OF one hun
ired sixty thousand dollars. and to
provide a sinking fund for the dis
barge OF Uhe principal thereof. In
hirty-four (34) years: aud Il further
.%ppearing TO the court and the court
9th so find that the maximum levy
.ecessary each year during the said
hirty-four Ga wears 10 pay the in
crest and 20 provide a sinking fund
N said proposed bond issue OF one
hundred sixty thousand dollars, is
our t4) mills on each one Cs1.0O) dol
ar valuation OF taxable property I'm
aid Lyon district. The County Court
lerefore doth hereby order and d.
ect that a vote OF the legal voters be
AIKEN in said magisterial district of
.yon, i'm the county OF Preston, in the
aid State OF West Virginia. on
tuesday, the Goth day OF February.
1915,
IN the question OF authorizing a max
mum special bond levy Of four ca
lills on each one (S1.O0) dollar valu-
alton OF taxable property in said Lyon
.~istrict, 10 pay the interest on, and
irovide a sinking fund for the dis
harge OF said proposed bond issue
ere.nbetore provided; and that said
ote shall be taken on the question
asst aforesaid at the several voting
llaces in the said magisterial district
I Lyon, at said special election to be
cid on Tuesday, the 29th day of Feb
uary, 1916, which has heretofore been
irected TO be held for the purpose OF
lking a vote on the said proposed
n issue OF one hundred sixty thou
and dollars, and the court doth fur
her order and direct that the same
lection commissioners hereinbefore
ppointed TO take the poll and ascer-
ain the result of said special bond
lection heToinbefore provided, in
UGH manner os is prescribed by law,
. ~ ih' pun anu ASCERTAIN TIE Ie-
dts OF said election on the question
the authorization of a maximum
pe--al bond levy of four % mills on
ach one CS1.00) dollar valuation OF
aXable property i'm said Lyon dis
'ict to pay the interest and provide
sinking fund for the discharge OF
aid proposed bond issue. and il is
lrther ordered that the clerk OF this
ourt do forthwith prepare poll books,
allots, etc, as may be necessary for
ne purpose of taking and certifying
ald special election on the question OF
lthorizing said maximum special
n levy as aforesaid, to- he deliver
4 by him to said commissioners OF
lection; and said commissioners of
lection, holding said special election
the several voting places In said
Iagisterial district OF Lyon. shall
ause TO be taken and ascertained the
asult of said election en- the question
( authorizing the said special bond
wy at the several voting places for
hich they are appointed respectiye-
'; and the said vote and poll b. taken
said several voting places on the
nd special bono levy and the results
scertatned n certified according to
ne regulation concerning general
'ections and elections under the pro-
,sions OF chapter 8 of the Acts of the
legislature OF West Virginia, extra
2ssiOn 1908; which vote shall be TAX
4 on a separate ballot on which shall
@ printed Special Election to An
horize a Maximum Special Bond Levy
( -Four (4) Mills on each One (s1.00)
Ollar taxable valuation OF ali the
roperty in Lyon district, TO provide
)r the payment of interest and sink
1g fund on one hundred and sixty
iousand dollars, according to The or
,er OF the County Court of Preston
ounty entered on the Goth day Of jan
airy, 1916 Directly underneath
hall be printed i'm two separate lines,
rst' the words "FOr the Levy. Second.
ne words. Against the Levy" those
iYortng the levy shall erase the
ords Against the Levy" and those
pposed shall erase the words For
ne Levy"
il is further ordered that, In the
vent of the electorate OF said district
said special election authorizing the
5suance OF said bonds and the fixing
said maximum special bond levy OF
our CD mills on each one Isl .0O) dol
1r valuation of all the taxable prom
'ty I'm said Lyon district the sinking
md thus created by said maximum
prciai bond levy may be used by the
aid court i'm the purchase OF any OF
'id bonds issued hereunder. but be-
ore the said court shall make pnr-
1ase OF any of said bonds out of said
mixing fund, as herein provided, the
curt shall cause a notice to be pub-
shed once each week for two sueaes,
we weeks in a newspaper of general
regulation published i'm the CITY OF
ingwood. or elsewhere. as may be
esignated by the court. for written
proposals. TO sell Il said bonds issued
''funder and then outstanding. and
O. court. TO the extent Of the sinking
und at It's disposal available there
're. shall purchase said bonds offered
% 10 at The lowest price asked there
ore, such purchase To- be made at the
Hice OF this court I'm the City Of King
ood' preston county, West Virginia,
at The Newburg Bank. iu the town
NeW l1Ig. state OF Wost Virginia,
. me election of Che court. upon sur
'l1ef 1i said bond or bonds with All
''p'.d interest coupons pertaining
itfato. ON the s~emi-aunuaf Interest
ate. ucTt following said publication
nd the court shall give. the owner ar
'Wnors or the bonds whose p-roDosaIa
nay Doc accepted such notice of sach
acceptance as the court mav Doom
oaaonahln, in Che event that two or
.""' proposals are for the sale Of
'oHds at Identical amounts being lov.
f'11 Che amounts asked ia other
.H'ars received by Tie court. Ina
onrt .na'' decide iu lts discretion
hIrh proposal or proposals lt shaiit
receipts provided. however. that M