The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-06-26
terest on its six per cent ten year Street
Bonds. Series CO No. -.
Recorder.

Section q The said Commissioners, be,
fore proceeding to act hereunder. shail
execute q joint bond, with surety 10 pc
approved by Council In the penaity OIL
One Hundred and Fifty Thousand t*iSo.-
900 00) Dollars, conditioned that they
will faithfully perform their duties ana
account for and pay over. as required
by this ordinance. all money that may
come into their hands as such Commis-
sIoners. Said Commissioners snail oe
subject to removal by Council but not
before notice and an opportunity 10 DC
heard is given by Council, and the new
commissioners. together WIN lhe othc,o
shall enter into new bona, as dUofe
deposit the funds coming INTO their
hand by virtue hereof In such bank or
trust company as the Council may ai
rect, and should any interest De receiVeTu
be paid by said Commissioners INTO inc
treasury Of the Town, on order OF Coun-
ell and shall become a part OF the Sink
ing fund hereinafter mentioned,
Section ;. The bonds so sisnea: GEu NJ
sold by the said Commissioners at not
less than their par value and IN inc
manner required by law and the lssu-
ance and sale Of said bonds shalt pc
governed by all the RESTRICTIONS an ZION
and laws OF the State of West virginia
and shall be in conformity thereW'ln;;
The proceeds arising from the sale oi
said bonds shall be paid out by inc saia
commissioners for the purpose here,n
provided. to such persons as INC OI 20 Sv
Shall from time to time direct. II oy
reason Of the sale Of said oonos a. q
premium or for any other reason. ~
shall remain a surplus IN the hanus y.
the Commissioners aftcr an paS iii he
have been made, such surplus shali pc
maid into the treasury Of the Town. on
nc oredcr OF Council and shall become
nar, Of the sinking fund hereinafter
mentioned. , fund
Section 4. To provide sinking igs,a sun1
for the payment Of the annual META NJ TIA
and the payment Of the principal OF saaa
bonds at maturity there snail DC sn
elly levied by the Council OF inc Town
Of Warwood at the same tlIie n,ade
nual levy for other purposes IS nlauei
In each year after said bonds arc fssH W.,
and until such time az there Is 2 suHi,
Gent amount Of money IN saio iuh9 ~
nav all Of said bonds then oulS'alu,Ith
and all Of the interest que anu ~ oil
real estate and personal properly SUI
icct tn taxation in said Town OF wa
wood. which direct tax shaii De 49,
as a separate tax in additlon ,9 az on
ta1es that may be levied for the oenett
NJ said Town, and shall be sufflclent 10
nroduce in each year sum OF InoIlss
sufficient TO pay the interest Tor one
wear upon all outstanding bonds anu -, "a
addition thereto. redeem all o. ~
bonds issued hereunder at maturity Inc
taIes 40 levied shall be collected IN su sven
manner as is or that may be hcreal''t
provided by law for the c0leSs'o "
rthcr taxes levied by the Town uIiLa
real and personal properly. anu ,1ate
rom ali other funds belonging TO the
Town. .;,Li,, fund
provided for in the next preceo,ns S
Ill at
ton, the coupons Tor lnIrses. go, no.
- said bonds shall be paid as they DC.
come due and all or any par. Oh nv
bonds issued hereunder. may; NJ the op,
tion Of Council. upon notice ptins - -
as hereinafter provided. b" rcdeeIneu -
not less than one year nor III ILL.,, ',,o' end Of
anv wear after their date: Sala p"nIH
~ redeemed. shall be redeemed IN ,ne
consecutive order Of their numo"Es, ~
rnencing with number Onc NJ
not greater than par Haiue. WIN ,So-s -
interest. Upon notice to the hoioers o.
~ honds 70 be redeemed as aforesaid
rivcr by the Recorder Of the Town, w
publication once a week TOT '~o 1880
uiyq weeks in some daily T"EspS az "a
nnh,ishcd in the City Of "heelinb' Onl1
p uui,, west Virginia, and Of general
circulation in said Town OF War"oou;
stating in said notice the numo' "a
The hond or bonds TO be redecnrd aiIe
the time when they Will De pan, M ~
bonds to he r"d%"Tnn"" rs mt at the
inc stated in said notice at thcJ - ice
~ Tho Bank Of Warwood. IN INC loHi
o. Warwood West Virginia. Tor pay
ment and after the date llScu homds
notice for the redemption Cf tnc pG n,I
tSnro;n dcsirnatcd such bonds shAii
case to bear interest and no interest,"
will thereafter be- paid thereon; o;d
Section s. Each coupon ana oono paru
or redeemed shall be imn ,hn Town and
.h,ri hc exhibited by him to Eounc'i ~
i,s first meeting after such paSmr,ht W
rcdcmniion. and tho Recorder SCI, pa
serve tho same in book 10 DC ~
for that purpose ,,o duty ~ the
I'D commissioners to keep tru" ao
comnty Of all their receipts AND niSnu,S
mcnts and report tho Same 10 oS -
such times As Council may umon.d a
said commissioners shall oc aln"ed n
ro,.onahlc compensation for thclt SGT
,.ic.s hereunder. but not TO cNCcc9 "IIc
nIE 81 ono pcr cent OF the disourse-
mcnts mad" by th"m. ..>,a,or. and
$500" when used in this ordinance;
III 10 taken to mra nihc MaNnr ana
pnnn-dcr rnspcctivcly NJ III" Tnwn OF
, Warwocd and the woni Tow Snn,i oc
,aLcn TO r,can the Town or "ar"""'
Section .. Before maS' tIsi nr crs shall
, tho said bonds. tho comm ssl"IrS 49,,
.IrortIsc tho Same at least cncc "rrk
e. four rNn-ccutivo """ks h"r"rc Su
sale, In ono of the daily ncwSPap'Ls ~.
Nshcd IN tho city nf Nhr"lIn6' auc5
such other advertisement as 20 SUI
IS-In,r,i.sinncrs may Doom ndv'San'c.
- a,ing the timo and place in me loMi,
o. Wnrwrcd whore they VIII
h;ds in writing for sad bonds. ma SUI"
hds shall ho cocncd by tho 'n,nrr.s,
as s''" =, ,hc n-osonc~ of Council. "@d
.Mou,d tho highest bids exceed tnc
.,n,nt ~ tho bonds to hc SOLD. men ~
soid bonds shall b" aprortinh"n ny
Conrnissirncrs amcng those niddlne NV
highest price. and tho sa'd trrtIn .S' h;d
crs may r'Gulrc sue" en- E x nroncr.
coction 10 Tho general nature or IN"
ruhl;c improvements hereby author'h'u,
and which Council hrr"hy dclcrl,, nv
that il will proceed WIN. IN U."nc.,
"r The 18th day Of May. 1919: and N ac-
cnrdnncc with tho plans and spec, Ca g.,
ticns estimates and DrotlleS tnr En,u ''I
Movements now on file In the ntllc" oI
Tho Recorder 81 III" Town. Is mn o,.n'
Tho following named pubic s,r.,'E. AVE-
pncs ALLEYS and lanes IN sa a Town;
warwond Avenue from tho scuin"rn
cornoraticn line Nf tho Town .i val
,vnod 10 tho south sid" Of Third StrrcI;
, Richland hvcnu" from INC IT,,
SIDE Of Fourth s rect: from IN" nor. n
crir side Of Fourth Street to the SCUM
orly side Of Eighth Street: from n"
cry ,bcriy side = E'rhrh S'rc"t' 20 III"
r nm linz Of ninth street and from ON
~. nnrihcriv line 81 Ninth Street TO the
snuthcrly Inc Of Tcnth Street. IT,,
Fourth Street from IN" wcS,cr! liz
Of warwood Avenue to nc W"SI Thy INV
~ i,ichIand Avenue and from IN" east
Crly linz " Ohio Avcnu" to tn" ~"S''rl!
: line Of ohio Avenue.
Fif,h street from tho w"ster,Y IN" OF
Richland Avenue to the westerly INC vi
Ohio Avenue. , ,;,,o