Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1920-03-19

'iuS ~ "hd ~. que ana pay
able July first. 1881
Bonds 81 and 81. due and nav
able July first. 1886.
Bonds 3' and 81. due and pay.
able july Gr,t. 1897.
Bonds so and 80. due and pay
able July first, 1888.
Bonds 81 and IS. due and pay
able July first. 1889.
Bolds 20 and 40. due and pay
able July first. 1910.
Bond Al for 100000 and bond
- for $4,000 due and payable July
first, 1911.
And said bonds shall pro-
vide Gil their face that in
the event said bonds shall
not be presented for payment when
and as they become due and pay
able. or in the event they shall not
be presented for payment al
ter notice to the holder thereof of
INC intention of the court to antici-
Fate the due date thereof as herein
Irovidd. then, and in either event,
the said bonds so failing to he pre-
sented snail earn no further inter-
est, and notice OF the intention to
anticipate the due date Of any bond
before the same shall become due
and payable under the above schedule
may be given by letter properly adj
dressed, stamped and directed to the
last known address Of the holder
or any such bond. but such letter no.
tice shall be mailed at east two
weeks prior to the first day Of July
OF the year when same are to be
taken up. and by publication in two
Greenbrier Independent.
The nrOCpp6S IF caid hands ,l,oN
be placed in the hands of the coun-
~ treasurer who shall make depos-
IT or such funds according to law,
and shall collect and account for
the interest accruing on such depos-
1t. Said sheriff shall receive no
compensation for receiving, hand
ling and disbursihg said fund or the
interest thereon.
The plan to meet the accruing in
teres: on said bonds and to pay off
and discharge the principle thereof
'Ly sand district shall be as follows:
It snail be the duty of the Coun-
at annual levy term thereof in each
year until said bonds and the in
terest thereon ACQUIRING shall be
tuily paid and discharged, to lay Il
sufficient levy on all the taxable
property OF said Frankford Magis-
teriai district, including the Town
OF frankfort therein, to provide a
net fund sufficient to pay the in
terest on said bonds, and to take
up and discharge the principal
thereof as the same shall become
due and payable as herein provid-
ed.
And it appearing to the court, and
the court so holds, that the n1axi-
rsyhi
lay on the property Of said district,
Will :lot produce sufficient funds TO
ray OFF and discharge the interest
and principle Of such said bonded
Indebtedness of $41,5OO.OO herein
provided for after providing for the
administration OF the affairs
OF said Frankfort district
and maintaining the roads thereof ac
provided by law, and the court finds
mat the maximum lew each year
necessary to provide for the payment
OF said interest and each serial of
sinking fund for said proposed bond
issue of $41,5OO.00 for said Frank
ford district, including the town of
Frankford therein, is thirty-flve cents
| on each one hundred dollars valua-
tion Of the taxable property Of said
district, including the town Of Frank
ford therein.
1t is therefore ordered and d.
1ected that vote OF the legal vot-
ers Of said frankfort district, in
Guiding the voters Of the town of
Frankford therein, be taken on the
7th day Of April, 1920. at the speci-
al election herein before ordered
held on said day and date, on the
questio of authorizing special
maximum special bond levy Of 35
cents on each one hundred dollars
valuation of taxable property of
| said district Of frankfort, Including
the Town Of frankfort therein, to
pay the interest accrued on said S1l,-
10000 proposed bond issue and pro-
vide sinking fund to meet each
serial payment in the discharge of
the principal Of said proposed bond
| issue, aud tho commissioners of cleo
ton herein before appointed to hold
! said special election shall poll and
| ascertain the vote of the voters afore.
| said on said question Of authorizing
said maximum special bond levy, and