Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1920-04-02
able Lulv first. 1891.

able July first. 1884.
! Bouds 30 and 20. duc ;:ud pay
able July first. 1850
! Bonds - and 50. due and pay
! able July first. 1896.
Bonds 50 ana "a, due and pay.
able Juiy hr.t. 1921
: Bonds 50 auG SO. due and pay
able July first. 1898.
! Bonds 81 ana IS. due and pay
able July first. 1899.
| Bonds 80 and 40. due and pay
able July first, 1910.
Bond Al for 100000 and bond
AZ for $500.00 due and payable July
first, 1911.
And said bonds shall pro-
'ld" On their face that in
the event said bonds shall
not be presented for payment when
and as they become due and nay
able. or in the event they shall not
be presented for payment at
ter notice to the holder thereof of
the intention Of the court to antici-
! Fate the due date thereof as herein
Troviid. then. and in either event,
the said bonds SO failing to be pre-
scented 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
of any such bond. but such letter no.
tlce 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
successive weekly issues of the
Grccnbricr Independent.
The proceeds OF said bonds shall
be placed in the hands OF the coun-
~ treasurer VINO shall make depos-
it of such funds according to law,
and shall collect and account for
the interest accruing on such depos-
it. Said sheriff shall receive no
| compensation for receiving, hand
ling and disburSing said fund or the
interest thereon.
The plan to meet the accruing in
tcrest on said bonds and to pay off
! and discharge the principle thereof
by SAID district shall be as follows:
1t Shall be the duty Of the Coun-
~ Court OF said Greenbrier County,
at annual levy term thereof in each
year until said bonds and the in
terest thereon ACQUIRING shall be
fnlly paid and discharged, to lay a
! sufficient levy or all the taxable
property OF said frankfort Magis-
teriai district, including the Town
OF F-ankford 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-
cd.
And it appearing to the court, and
| the court so holds, that the maxi
mum road levy which the court may
lay on tho property of said district,
will not produce sufficient funds to
ray off and discharge the interest
and principle Of such said bonded
Indebtedness of $41,5OO.0O herein
provided for after providing for the
administration OF the affairs
of said Frankford district
and maintaining the roads thereof as
provided by law, and the court finds
! that the maximum lew each year
necessary to provide for the payment
on said interest and each serial OF
sinking fund for said proposed bond
issue Of $41.5O0.00 for said Frank
ford district, including the town of
| fFaHhlOFu tnereln, Is thirty-five cents
on each one hundred dollars valua-
ton Of the taxable property Of said
district, including the town of Frank
ford therein.
1t is therefore ordered and d.
Iected that q vote of the legal vot-
ers Of said frankfort district, in
Guiding the voters Of the town of
frankfort therein, be taken on the
18th 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 IS
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 Sal
10000 proposed bond issue and pro.
vide a sinking fund to meet each
serial payment in the discharge of
the principal Of said proposed bond
issue, and the commissioners OF elcc.
ton herein before appointed to hold
said special election shall poll and
ascertain the vote of the voters afore
said on S0il UnoStipO nf n,t n n rio; n q