The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-04-10
Mayor.
City Clerk

Section o The said bonds to be Is
sued under and by virtue or thus ordl-
nance shall DO issued and used for the
following purposes only:
First:-F'ur the purchase OF real es-
tate upon which to erect and construct
water pumping plant and works.
water reservoir, and rightS-of-way LOT
pipes and connections. as well as the re-
moval Of the present water pumping
plant and works OF The City OF Wheel
ing and the erection and construction
Of new water pumping plant works
and system and water reservoir to-
gether with all necessary connections
and structures. and TO pay Tor the ma
terials used and labor and other neces-
sary expenses incurred IN and about the
removal Of the present water pumping
plant, works and system OF The city
Of Wheeling. and the erection, construc-
ton and completion OF said water
pumping plant. works and system ana
water reservoir. together with all neccs-
sary connections and structures. to an
amount Of One Million One Hundred and
Sevcnty-five Thousand Dollars.
Second:-For the purchase OF real es-
a water filtration plant and to pay for
materials, used in the construction OF
and for labor and. other necessary ex-
penses incurred in and about the cree
tion. construction and completion OF
said water filtration plant together
structures. to an amount OF -Four Hun
dred and Forty-ffvc Thousand Dollars.
Section 3. The said Jere A. Miller,
John F. He'll and Benjamin Hamilton:
hereunder. shall execute a joint bond
with surety to be approved by the Coun-
ell of The City Of Wheeling. in the pen
atty Of $25o, 100000 conditioned that they
will faithfully perform their duties and
account for and pay over. as required
n
como into their hands as such Commits
siancrs. said commissioners. and
each Of them. shall be sub
ject to removal by Council for cause,
but not before notice and an opportu-
nifty to BIO heard is given them by Coun-
ell. and any vacancy. whether caused by
removal or otherwise. shall be filled by
Council and the new commissioners to-
gether with the others shall enter into q
new bond, as above provided The said
commissioners shall deposit the funds
coming into their hands by virtue here
OF in such bank or banks or trust COM
pany or companies as the Council may
direct. and should any interest be re-
ceived by reason Of such deposit the
same shall be paid by said Commiss1on-
Wheeling on order Of Council and shall
become part Of the sinking fund herein
after mentioned.
Section 1. The bonds 80 signed. seal
ed and delivered. shall be publicly sold
BY the said Commissioners to the high
est bidder for cash. at not less than
their par value, such bids to be made
in writing to said commissioners and
/ opened by them in the presence OF
Council. and should the highest bids
sold then the said bonds shall be ap-
portioned by the commissioners among
those bidding the highest price. and the
said commissioners may require such
| guaranty from bidders as they may
| deem proper; but before making any
! such sale Of said bonds or any thereof
! the said commissioners shall advertise
such sale, once week for four success
sive weeks previous to said sale, IN rour
newspapers Of general circulation at
ushed in The City of hWeeltng; and the
! issuance and sale Of said bonds shall be
governed by all restrictions and ltmita-
lions provided by the constitution and
laws of the State Of West virginia ana
the Charter Of The City Of Wheeling,
and shall be in conformity Herewith
! The proceeds arising from the sale OF
said bonds shall be paid out by the said
Commissioners for the purposes herein
provided. to such person or persons as
the Council shall from time 10 time d.
rect II by reason Of the sale OF SAID
bonds at a premium or for any other
reason. there shall remain surplus In
the hands Of the Commissioners AFTER
ali payments have been made, such SIR.
plus shall be paid into the treasury OF
The City Of Wheeling, on the order OF
! Council. and shall be used in the pay
ment Of bonds issued hereunder and In
| terest thereon
Section S. To provide for the pay
rnent Of principal of said bonds at ma
turity. there shall be annually levied BY
Council OF The City Of Wheeling. at
! the same time the annual levy Of City
taxes for other purposes Is made. pc
ginning in the year 1919, and continuing
! until all Of the bonds issued under the
provisions Of this ordinance and inter
| est on same are paid. direct tax upon
all the real estate and personal properly
! subject to taxation IN The CITY OF
Wheeling. which direct TAX shaA De
|! levied as separate tax and In aaa1-
| ton TO all other taxes that may be
! levied for the benefit Of the said City.
| and which shall be sufficient to pro
duce in each year a sum Sufficient 70
pay the interest for one year upon al
! thereto, to redeem in each year, begin
ming in the year 1920 not less than ono
| thirty-fourth (1-34th) part OF all tho
| bonds issued hereunder; SUCH oirec1 TAX
! for the payment Of annual interest ana
| a one-thirty- fourth G-34th) part annu-
ally of all the bonds issued hereunder
may in any one year, amount 10 out not
| exceed nineteen (19) cents on eaoh one
| hundred (sl00.oo) dollars valuation or
ali real estate and personal property
subject to taxation in The CITY Oh
The said taxes 20 levied +taTl h" ro'-
j loctrd in sub "t@!r.".' 81.
! hray hc nc:....... : !..o, .urI ~ 1->L~ Tor
/ the collection OF other take, levied by
The City OF Wheeling upon real OF per
| lccted shall DO kept separate from all
other funds belonging TO said City.
| Section 6. The treasurer Of the city
Of Wheeling. shall on or before the 1Sth
| day Of December. 1919. and on or beRore
| the 18th days Of June and December in
| each and every year thereafter. until
| the bonds issued hereunder are fully
! paid, pay TO the aforesaid commission
ers all moneys which shall have come
| into his hands on account OF the direct
tax levied for the payment Of said bonds
and interest thereon. IN pursuance OF
| the requirements OF this ordinance;
while the said funds remain in the
| treasury Of the City. 1t shall be the duty
| Of the Council and the City Treasurer to
keep the same deposited IN some bank
| or banks or trust company OF companies
/ in The City OF Wheeling at the best rate
/ OF interest that can be obtained. which
! interest shall be accounted for and PAID
over 10 the aforesaid commissioners
| with the principal OF said 1und. Inc
| treasurer shall obtain from the aforc-
| said commissioners receipts for all
| moneys which shall be paid over 10 them
| under the provisions Of this ordinance.
! which receipts shall be filed and pre-
served by the City Treasurer.
| Section /. The aforesaid commission
crs, out of tho moneys received by them
under the provisions OF this ordinance
shall pay the coupons issued with the
| bond. issued under this ordinance as
| they become due on the lst days OF
Janu>x, and July. 1920. and on the lst
DAYS OF January and July in each and