West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1916-01-13

IL is also apparent 20 the court. aud
the court being OF the opinion that the
maximum rate OF levy in the said
kingwood district which the court IL
authorized TO lay as provided In Sec
lions 2. 3 and 4 OF chapter OF the
Acts OF the Legislature OF West viz
GINA, extra session Of nineteen hum
dred eight, will not produce sufficient
funds TO pay the interest on such pro-
posed bonded Indebtedness OF one
hundred sixty-four thousand dollars.
and TO provide sinking fund for the
discharge of the principal thereof. in
ihirty-four (2D years; and II further
appearing 20 the court and the court
10th so find chat Tue maximum levy
necessary each year during the said
-hirty-four t34) years 10 pay the saii
interest and to provide a sinking FIND
on said proposed bond issue OF one
hundred and sixty-fOur thousand dol
airs. is three and one-half t3Ib) mills
on each one ($1O0) dollar valuation
Of taxable property I'm said Kingwood
district. The County Court therefore
10th hereby order and direct that a
fote of the legal voters be taken ia
said magisterial district of Kingwood.
I'm the county OF Preston. in the said
State OF West Virginia. on
Tuesday, the 18th Day OF January. 1915
on the question OF authorizing a ma =
mum special bond levy OF three and
one-half (3lz) mills on each one
tSi0O) dollar valuation OF taxabls
property in said Kingwood district.
70 pay the interest on, and Drovide a
sinking fund for the discharges OF said
proposed bond issue hereinbefore pro
yided; and that said vote snail be
taken on the question last aforesaid
az 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
nary, 1916. which has heretofore been
directed to be held for the purpose OF
taking a vote on the said proposed
bond issue of one hundred and sixty
four thousand dollars, and the court
doth further order and direct that the
same election commissioners herein-
before appointed 10 take the poll and
ascertain the results OF said special
bond election hereinbefore provided. I'm
such manner as is prescribed by law.
to take the poll and ascertain the no.
suits OF said election on the question
Of the authorization OF maximum
special bond levy or three and one
half (31a) mills on each one (s1 .0O)
dollar valuation OF taxable property
IN said Kingwood district 70 pay the
interest and provide a sinking fund
FOR the discharge of said proposed
bond issue. and II 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 MIN 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 atfS-
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-
lation concerning general elections
and elections under the provisions OF
chapter of the Acts of the Legisla-
ture OF West Virginia, extra session
l90S which vote shall be taken on q
separate ballot on which shall be
printed Special Election TO Authorize
a maximum special bond levy of three
and one-half (3M) mills on each one
l$l.OO) dollar taxable valuation OF all
the property in Kingwood district to
provide for the payment OF interest
and sinking fund on one hundred and
siXty-four thousand dollars. according
to the order Of the County Court az
Preston county, entered on the End
day of December, 1915. Directly uns
derneath shall be printed In two sep-
arate lines, first, the words "For tks
Levy" second, the words, AGAINST the
Levy" those favoring the levy shall
erase the words Against the Levy
and those opposed thereto shall erase
he words For the Levy"
1t is further ordered that. in tho
event of the electorate OF said district
1t said special election authorizing the
ssuance OF said bonds and the hxing
Of said maximum special bond levy
If three and one-half (31b) mills on
each one ($100) dollar valuation OF
all the taxable property IN said King
wood district, the sinking fund thus
created by said mailman speeiai
bond levy may be used by The said
court in the purchase Of any OF said
bonds issued hereunder, but before
he said court shall make purchase OF
any of said bonds ont OF said sinking
FUND, as herein provided. the court
shall cause a notice TO be published
once each week for two successive
weeks in a newspaper Of general cir
culation published in the city Of King
wood or elsewhere, as may be desig-
mated by the court, for written pro-
posals TO sell 10 said bonds issued
hereunder and then outstanding, and
me court. TO the extent Of the sinking
una at its disposal available therefor.
shall purchase said bonds offered to III
Mt the lowest price asked therefor,
such purchase TO be made at the ofioo
Of this court iu he city Of Kinaweed.
Preston county, West Virginia. or "a
he Kingwood National Bank or tie
Bank OF Kiugwood. in the town OF
kingwood. or at The Tunneltor Bank.
IN the town Of function In the State
)t West Virginia, at the election OF
me court, upon surrender OF said bond
OF bonds with all unpaid interest eeai~
pons pertaining thereto ON the "A III
annual interest date. next follovfne
aid publication, and the court gnan
1--WE the owner or Owncrs OF the X5ndaS
Nhose proposals may bo acceptf< sucH
lotice OF such acceptance as iM court
may deem reasonable. in the event
nat TWO or more proposals are for the
'aIe or bonds at identical amounts be-
NJ lower than the amounts asked in
other tenders received by Tho court
ne court shall decide in IT'S dieeroti,ii
which proposal or proposals ID shall
ttc'pis provided. however thar uo