West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-01-06

me court being OF the oplaion that th1
maximum rate or levy ia the said
<ingwood district, which the court Is
authorized TO lay. as provided ia Sec
ions ?. and OF chapter 9 Of the
Acts OF the Legislature OF West Vfr-
inia, extra session OF nineteen hun.
ired eight, will not produce sufficient
unds TO pay the interest on such pro-
pcSed bonded indebtedness OF one
'undred sixty-four thousand dollars.
ma to provide a sinking fund for the
lscharge OF the principal thereof. in
hlrty-four t34) years; aud II further
appearing TO the court and the court
10th so find that the maximum levy
necessary each year during the said
hirty-four (34) years to pay the said
interest and to provide a sinking fund
IN said proposed bond issue OF one
hundred and sixty-four thousand dol
airs. rs three and one-half (35k) mills
IN each one ($1.0O) dollar valuation
4 taxable property Ina said Kinewood
district The County Court therefore
10Th hereby order and direct that a
ote of the legal voters be taken In
iaic magisterial district OF Kingwood,
n the county OF Preston, IN the said(
State Of West Virginia. on
tuesday, the 18th Day OF January. 1916
IN the question of authorizing a max
mum special bond levy OF three and
)ne-half (31k) mills on each one
$1,000 dollar valuation OF taxable
property in said Kingwood district.
o pay the interest on, and provide a
sinking fund for the discharge OF said
proposed bond issue hereinbefore pro-
vided; and that said vote shall be
taken on the question last aforesaid
1t the several voting places In the
said magisterial district of King
wood, at said special election, to be
held on Tuesday, the 25th day OF jan
lary 1916. which has heretofore been
directed to be held for the purpose OF
taking vote on the said proposed
BOND issue OF one hundred and sixty
lour thousand dollars. and the court
10th further order and direct that the
same election commissioners herein
before appointed TO take the poll and
ascertain the results of said special
bond election hereinbefore provided. In
such manner as is prescribed by law.
to take the poll ana ascertain the re-
suits OF said election on the question
Of the authorization OF a maximum
special bond levy OF three and one
half (3h) mills on each one ISL DON
dollar valuation OF taxable propert
III said Kingwood district to pay Ia
interest and provide a sinking fun.
Tor the discharge of said proposed
bond issue, and IL is further ordered
that the clerk of this court do forth
with prepare poll books, ballots, etc.
as may be necessary for the purpose
OF taking and certifying said special
election on the question OF authorizing
said maximum special bond levy as
aforesaid, TO be delivered by him to
said commissioners of election: and
said commissioners Of election. hold
ing said special election at the several
voting places in said magisterial dis
trict of Kingwood shall cause to be
taken and ascertained. the result OF
said election on the question OF au-
thorizing said special bond levy at the
several voting places for which they
are appointed respectively; and the
said vote and poll be taken at the said
several voting places on the said spec
al bond levy and the results ascertain-
ed and certified according to the regu-
latlon concerning general elections
and elections under the provisions of
chapter 9 of the Acts OF the LegisIa-
ture of West Virginia, extra session
1908; which vote shall be taken on a
printed Special Election TO Authorize
a maximum special bond levy OF three
and one-half go mills on each one
(S1.00) dollar taxable valuation Of ali
he property in Kingwood district, to
provide fer the payment OF interest
ana sinking fund on one hundred and
5iXty-four thousand dollars, according
10 the order of the County Court OF
Preston county, entered on the End
lay of December, 1915. Directly an.
ierneath shall be printed in two sep
lrate lines, first, the words For the
Levy" second, the words, Against the
Levy those favoring the levy shall
irase the words Against the Levy -
and those opposed thereto shall erase
the words For the Levy"
1t is further ordered that IN the
event of the electorate OF said district
1t said special election authorizing the
issuance of said bonds and the fxinN
II said maximum special bond ID
IF three and one-half (31s) mills an
Zach one ($l00) dollar valuation 0f
Ill the taxable property In said King
wood district, the sinking fund thus
'reated by said maximum special
bond levy may be used by the said
curt in the purchase OF any Of said
bonds issued hereunder, but before
he said court shall make purchase Of
any of said bonds out of said sinking
fund, as herein provided, the court
shall cause notice to be published
once each week for two successive,
weeks in newspaper Of general cfrt
;ulation published in the city Of King
wood or elsewhere, as may he deai2s
lated by the court, for written br8s
1osals to sell It said bonds issued
hereunder and then outstanding, and
he court. to the extent OF the stakiasl
und at It's disposal available thf
shall purchase said bonds 0ffere
ut the lowest price asked tne
such purchase to be made at the ono
ot this court in the city OF kinBwood,
Preston county, West Virginia or at
he Kingwood National Bank or the
Bank of Kingwood, i'm the town Of
Ningwood, or at The Tunnelton BANK.
n the town OF Tunnelt0n, iu NE aiam
IF West Virginia. at the election af
he court. upon surrender of aid Jbond
DR. bonds with all unpaid interest eo1s
Dons pertaining thereto. on tEe aetni..
annual interest date, next following
aid publication and tbe court shall
give the owner or owners OF the bonds
whose proposals may be accepted such
notice of such acceptance as the court
may deem reasonable; in the event
hat two or more proposals. are for fne
sale OF bonds at identical amouat8. be-
ing lower than the amounts asked "a
1ther tondors received by the c03ft
the court shall docide in is dncfenoa
which proposal or proposals. 90 shAlt
accept; provided however. faat I'd
purchase shall Dee made That VIII nfo
'ih't Che court from carint fof nto