Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1920-04-09

| Sucn poll DOCKS. ballots, etc, as may
be necessary for the purpose of TAX
ing and certifying such said poll and
holding said special election, and the
same shall be delivered according to
law TO the saiu commissioners OF
! election.
1t is further ordered that in the
event the said electorate shall ut
said special election authorize the
issuance CT said bonds, then the
! president of this court be, and is
hereby. authorized and directed to
execute the bonds so authorized for
and on behalf Of said Williamsburg
Dis, riot. ana 10 Sigt. his name as the
| President OF this court thereto when
sold. and deliver to the purchaser Or
purchasers thereof upon receipt by
Finn Of the proceeds thereof. as pro-
vided BY Section 81 OF Chapter sc
OF the Acts of the Legislature OF
! West Virginia, regular session, 1917.
Said bonds shall not he sold for less
than par value. and shall be issued
rs serial coupon bonds, ninety-nine
! OF 100000 each. and not TO exceed
in the aggregate $99.000.OO, and
shall bear date the first day of July,
1920, and be payable to bearer at
The Bank Of Greenbrier, Lewisburg.
Grcenbrier County, Lest Virginia, or
at the option OF the holder. at the
Chemical National Bank of the state
and city OF New York, in annual
serial installments in not to exceed
y years from the date thereof, and
shall show on their face the serial
numbers respectfully. and shall be
yaid in the order of said serial num-
bers, and the court shall have the
right to take up and pay off any or
all Of said bonds on the first day of
any July after 1926, and said bonds
shall bear interest at the rate not to
exceed five per centum per annum
semi-annually on the first day of
July and January of each year at
said bank OF Greenbrier, Or at the
option Of the holder thereof, at said
! Chemical National Bank. and said
interest shall be evidenced by inter-
est coupons attached to said bonds
to be executed by the facsimile sig
natures Of the President and Clerk
of this court.
It is further ordered that said
bonds shall be consecutively number
ed and respectively become due as
follows:
| Bonds for 100000 each
Bonds to 5, due AID payable
July first, 1921.
Bonds 6 to 10, due and payable
July first. 1922.
Bonds II to Is, due and payable
July first, 1923.
| Bonds 16 to 90, duo and payable
July first, 1924.
Bonds 81 to 25, due and payable
July first, 1925.
! Bonds &c to 80, due and payable
July first, 1926.
Bonds 81 to So. due and payable
July first, 1927.
Bonds SO to 40, due and payable
July first, 1928.
Bonds Al to As, due and payable
July first, 1929.
Bonds &c to so, due and payable
July first. 1880.
Bonds 81 to 55, due and payable
July first, 1881.
Bonds sc to co, due and payable
July first, 1882.
Bonds CT to IS, due and payable
July first, 1888.
Bonds &C to 70. due and payable
July first, 1884.
Bonds II to rs, due and payable
July first. 1885.
Bonds 76 to so, due and payable
July first 1886.
Bonds 81 to So, due and payable
July first, 1887.
Bonds sc to 90, due and payable
July first, 1888.
Bonds 81 to 90. due and payable
July first. 1899.
Bonds "a to &c. due and payable
July first, 1910.
Bonds 81 to 90, due and payable
July first, 1941.
Said bonds shall provide on their
face that in the event said bonds
are not presented for payment when
and as they become due and payable,
or in the ovent they shall not be
presented for payment after notice
to the holder thereof Of the intention
of the court to anticipate the due
date thereof as herein provided, then
in either event, the said bonds so
failingly to be presented for pay
ment shall earn no further interest,
and notice OF the intention to antici-
pate the due date Of any bond may
be given by letter properly addressed,
stamped and directed to the last
known address Of the holder of such
bond. but such letter notice shall be
mailed at least two weeks prior to
the first day Of July Of the year when
same is to be taken up,and by pub
licati IN in two consecutive issues Of
the Grccnbricr independents.
The proceeds of said bonds shall be
placed in the hands OF the county
treasurer who lshall deposit same
according to law; and shall collect
and account for the interest accruing
on such deposit Said treasurer
shall receive no compensation for
handling. discussing and accounting
for said fund or the interest thereon.
The plan to meet the accruing in
terest on said bonds and to pay off
and discharge the principle thereof
is as follows:
1t shall be the duty Of the county
court of said Greenbrier County, at
the annual levy term thereof, in