The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-04-27

Of the electorate or said District Hf oelo
epecial Election. auth orlxinE lie isan-'
cE his conEt he, and he u hershy an.l
thctiE6d ina dttected 70 exeeute The
t.bondS N I'D Gf6nt Dt6trfct Zoe apd In
stiis mama on the sad District ard to s1gn
the eaxfG Al the 5Preside nt Of tbs Court.
and the Clerk 81 this Court tss hereby Dis
rectsdEapd SRuthotiE 10 countefxg
bonds and attach the seal OF this Court
thereto, which Said bonds shall be by the
President 81 this Court sold and deltvz
cred Ito SthsF purchasers thereotI upon sre:s
,cetpt by him of the proceeds thereof as
provided I'm Section Five OF Chapte Eight
obfthe Acts OF the Iestslaturag Of West
Virginia, Second Extraordinaryss Session.
1918: faid bonds Shall be sold and dis
posed iof 10 the best edyantaSe OF the
SaId District In such manner as the said
President OF this Court may deem best,
but In no event shall said bonds be dis
posed Eof for less than their fRceS or par
value. Said bonds 80 to be iissued. shan
be- coupon bonds of the several de-
nonInat lions Sot 81 oo.og, $4,000 and 81, 900.
Ereeate tis5, 900 and snail be issued and
dated as OF the frsts day OF! June. s16; and
BIO payabl % to the bearer at the Office OF
the iCl erk. OF the County Court otlsatd Ma
Tton County in the City OF Fairmont.
State al West Virginia or at the National
City Bank I'm the City OF New Yofk, in the
state Of New York, at the option Of the
holder thirty (so) years after date. but,
Conditioned that said bonds shall be re-
lcalIed 1erialIy and paid ION the first day
OF Jun 8; beginning with the year 1917 and
every year EtteFeafterl on the same day
ana date thereof: the said bonds shan
shews on their. faes their serial numeersAto
be redsemed on each annual PERIOD aila
shall bear interest at the rate Of five sRer
Cntum Z . per cent per annunl; payable
semi annually at the otfiee OF the Clerk
OF this Court, In the City Of Fairmontt
Marion Counts, West Virginia. or nj
Guaranty Trust Company OF New " rk.
IN the city OF New = orlS and State OF
New York. at the option Of the holder.
and that said interest be evidenced by
coupon attached TO said bonds and the
said coupons to be executed hy the lac
smile signatures of the President OF this
Court and tho Clerk thereof.
The Clerk OF this Court shall annually
publish in some newspaper published IN
this County at least six ty (6e) days prior
TO each annual interest period. the serial
numbers OF bonds. and the holder theEeT
OF shall present such bonds for payment
and the failure to SO present such bonds
shall cause the interest thereone to cease
and no interest shall be paid after said
bonds SO published shall fall due.
1t Is further ordered by the Court that
said serial bonds shall DO respectively.
numbered, and Of the respective denoml.
nations and respectively become due and
payable as follows:
Bonds I 10 5, inclusive OF 10000 each
and bonds s. Of $4,000 and bonds 10 II,
inclusive OF 100000 each on June ], lai z.
Bonds 13 L to II, inclusive, OF @1000:e9
each on June I, 1918. u 4.
Bonds IS 20 .S. Inclusive, Of 100000
each on June ], l91e. ..s -,
on June 4 !, 1920. I.
Bonds 80 to 49,. inclusive Of 100000
Bonds So 10 d. Inclusive. Of 100000
each on June I, 1922.
Bonds az to O.. Inclusive, Of 100000
each on June /, 1898.
Bonds as to SO. inclusive. Of 100000
each on June !, 1925.
Bonds 81 to So. inclusive, Of 100000
each on June j. 1926
Bonds go to So, inclusive, Of 100000
each on June ] 1925. i.
Bonds Sc to II. inclusive OF 100000
each on June !, 1927.
Bonds 70 to II. inclusive, OF $100Q.ue
each on June !, 1928: t.s
Bonds IS to 50, inclusive, OF 100000
each on June l. 1929.
Bonds 81 to 50, inclusive OF 100000
each on June !, 1880.
Bonds 80 to s5. inclusive, OF 100000
each on June ], 1881.
Bonds So to le1. inclusive, OF 100000
each on June.1, 1882. ~ 3
Bonds 10: to 1O1, inclusive. Of Stoeo.yG'
each on June /, 1888.
Bonds 1oS 10 i13, inclusive, OF 100000
each on June /, 1894.
Bonds ia to 100, inclusive, OF 100000
each on June !, 1886.
Bonds s121 to i1.7, inclusive, Of 100000
each on June ] 1895.
Bonds 19sto 1sl. inclusive, OF 100000,
each on June u, 1887.
Bonds 134 to A14l, inclusive OF $1,000. 90
each on June /, 1898.
Bonds 142 to 1875 inclusive OF 100000
each on June ! 1888.
Bonds 14s TO .156, inclusive Of 100000
each on June Il 1870.
Bonds 1855 10 49, inclusive Of 100000
each on June /, 1881.
Bonds 1853 to 8 6s,E inclusivct of 100000
each on June I. 1872. K 5$.
Bonds 10 20 1855 Inclusive, OF 100000
each on June i, 1913.
Bonds III to 1874, inclusive, Of 100000
each on June /, 1914. .sg u
Bonds 1855 to 1872. inclusive, OF 100000
each on June 4 1896. 4
Bonds lo3 to 900, inclusive, Of 100000
each on June i 1895. & f55 h
It Is further ordered b ythe Court that
in tho event Of said bonds being disposed
OF as aforesaid the proceeds shall be by
the purchaser thereof placed by him or.
by the President Of the County Court In
the hands OF the Sheriff OF this County,
and it Is further ordered that the said
Sheriff for receiving and discussing said
proceeds shall receive no compensation
or commission therefor. and the said
Sheriff shall deposit said proceeds In
banks Designated by this Court in the
manner prescribed by law, said banks to
be required TO. give security therefor US
provided by law. *. y II 4
The plan to lmeet the accruing interest
on said bonds and to pay them at matur-i
itvl by said District Is:
1t shah be the duty Of! the County Court
OF said Marion County to. and the said
Court shall; each year at THE annual levy
for road purposesGin said Grant District
provide, by district levy and taxation as
Is required by law in such cases made and
provided, for the interest on said bonds,
together with an additional fund to be
set apart and 70 be used to purchase and
retire said bonds, and for the purpose of
a sinking fund sufficient to meet each
serial payment and on or before the ex-,
piration OF the term of thirty 800 years
pay therefor and fully discharge said
hon ds n that time ffs I. IN. r t n