Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1916-03-23

1923;
Bonds so to SIS inclusive, OF 81 100000
each and So Of $4,000 on June /,
1924;
Bonds 81 to 62, inclusive, Of 81 100000
each and GO Of $4,000 on June /,
1925;
Bonds 81 to 60, inclusive, of 81 100000
each and 40 Of $4,000 on June i,
1925;
Bonds II to &c, inclusive, of 100000
each and N Of $4,000 on June /,
1927;
Bonds rs to Sc, inclusive, of 81 100000
each and 81 Of $4,000 on June /,
1928;
Bonds SIS to so, inclusive, of 81 10000
each and 81 of $4,000 on June !,
1929;
Bonds 80 to 81, inclusive, Of 100000
each and 98 of $4,000 on June l.,
1880;
Bonds 50 to 104, inclusive,of 81 100000
each and 105 Of 100000 on June J.,
1881;
Bonds LOG to 111,inclusive,of $1,000
90 each and 112 Of $4,000 on June
| /, 1882;
Bonds 113 to lis. inclusive, Of ST.
! 10000 each and 119 Of $4,000 on
| June /, 1898;
Bonds 1870 to 125, inclusive, of ST.
10000 each and 126 Of $4,000 on
! June /, 1884;
Bonds 1877 to 1872, inclusive, Of 81 ,0Uv,-
90 each and 1873 Of $4,000 on june
/, 1895;
Bonds 1874 to 1879, inclusive, Of ST.
10000 each and lao Of $4,000 on
4 June /, 1886.
1t is further ordered by the Court
that in the event Of said bonds be-
/ ing disposed Of as aforesaid the pro
ceeds shall BY by thePurchascr thereof
placed by him or by the President Of
/ the County Court in the hands Of the
Sheriff Of this County, and it is fur
Their ordered that the said Sheriff for
receiving and disbursing said proceeds
shall receive no compensation or com
omission therefor, and the said Sheriff
shall deposit said proceeds in banks
designated by this Court in the man
ner prescribed by law, said banks to
be required to give security therefor
as provided by law.
The plan to meet the accruing in
terest on said bonds and to pay them
at maturity by said District is:
1t shall be the duty of the County
Court of said Barbour County to, and
the said Court shall each year, at the
annual levy for road purposes in said
| Barker District provide, by district
levy and taxation as is required by
law in such cases made and provided,
for the interest on said bonds, togeth-
er with an additional fund to be set
apart and to be used TO purchase and
retire said bonds, and for the purpose
Of sinking fund sufficient to meet
each serial payment and on or before
the expiration of the term of twenty
(20) years pay therefor and fully dis
charge said bonds at that time.
1t further appearing to the Court
and the Court being Of the opinion
that the maximum rate Of levy in the
said Barker District which the Court
is authorized to lay as provided in
Sections 2, 8 and a, as the case may
be, of Chapter 9 of the Acts of the
Legislature Of West Virginia, Extra
! Session, 1908, viii not pro
duce sufficient funds to pay the inter
est on such proposed bonded indebt-
edness Of $130,000.00 herein provi.ed
for said Barker District and to pro-
vide sinking fund for the discharge
of the principal thereof in twenty (20)
years; and it further appearing to the
Court and the Court doth further find
that the maximum levy necessary for
any year during the said twenty (20)
years to pay the said interest and to
provide for each serial payment or
necessary sinking fund Of salo pio-
posed bond issue Of $130,000.00 for
said Barker District is Al cents on
each $4,000 valuation Of taxable
property of said Barker District
The Court doth therefore hereby
5order and direct that vote Of the
legal voters be taken in the said Mag
isterial District Of Barker in said
Barbour County and State Of West
1 Virginia, on April the 18th, 1916, on
the question of authorizing the maxi
mum special bond levy Of Al cents on
eachS100 valuation of the said taxable
property in said Barker District to
pay the interest on, and provide a
sinking fund for each serial payment
and the discharge Of said proposed
/ bond issue hereiubefore provided;and
that said vote shall be taken on the