The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-04-14

sPEOfAIsNOTICE
pursuant q. law. said bonds shaii
also contain provision authorizing
the said Board Of Education. after
I'VE years from the Date of issue, to
pay any or all OF the remaining out
standing bonds at any interest period
by notifying the holders OF such
bonds by letter, II the names and
postoffice addresses of such bond
holders be known to the Board, and
by giving at least sixty days notice
by publication in one or more news
papers. said bonds to be retired IN the
order in which they fall due.
(3). Said bonds shall be payable
to the bearer and shall be signed by
The Board OF Education Of the Dis
trict OF Fairmont, in the County of
Marion, State OF West Virginia, by
the President and Secretary, respec-
lively, Of said Board and the corpor-
ate seal OF said Board shall be affixed
thereto. and the interest coupons
shall likewise be so payable and bear
the engraved or printed signature OF
the Secretary of said Board, and they
shall be cut of when paid.
az. Said bonds shall refer on
their face to chapters 2 and 1876, Acts
of the Legislature Of West Virginia,
regular session. 1919. under which
they are issued, and shall contain a
reservation of the right OF said Board
to pay OF and redeem the same, or
any one or more Of the same, after
five years from the date of issue, as
provided by this order; and shall also
state that provision has been made
for the collection OF direct annual
tax to pay annually the interest there
on and the principal thereof, within
and not exceeding twenty years.
(5). Said bonds, after having
been advertised in some convenient
newspaper, for four successive weeks
previous to such sale, shall be sold at
public sale to the highest bidder in
writing, for cash, at not less than par
value, and the proceeds arising from
said sale OF said bonds shall be used
for the purposes aforesaid namely:
i. To erect, complete. enlarge
and furnish a school building in
the town or village Of Barracli-
vile, in said Fairmont District.
on. the school site recently pur-
chased from Louise Conway.
2. To puchase a school site
near the present cayenne school
in said Fairmont District, and to
erect, complete, enlarge and fur
nish a school building thereon.
A,,i "a a., r,,.,ha, o,Jor., .bo+ n 1T
rect annual tax be collected in said
district. sufficient to pay annually the
interest on said bonds and the prin-
cipal thereof, within and not exceed
ing twenty years from the date OF
said bonds, and for said purpose an
annual maximum special bond levy q
fifteen (15) cents to pay the interest
and twenty (2Q) cents to provide q
sinking fund for the discharge of the
principal OF said bonds on each one
hundred dollars 100000 valuation o.
all OF the assessable property in SAID
district is hereby authorized: and as
hereinabove stated, said bonds shall
/, be subject to redemption, after five
years from their date. at the option
of said board. The Secretary by order
OF the Board shall each year give no
tice by notifying the bondholders OF
the bonds to be redeemed, by letter.
| If the names and postoffice address
Of such holders be known TO the Board,
and by giving at least sixty days no
tics by publication III one or more
newspapers, that on or after the day
named the designated bond or bonds
with any accrued and unpaid interest,
will be paid upon presentation; that
IL not presented they shall cease to
bear interest on the day named for
said redemption.
The money so Levied and collected
to pay the principal and interest on
said bonds shall be applied to that
purpose and no other. but said bonds
shall not be issued and no sale thereof
shall be made. until all questions con.
, nected Herewith shall have been first
submitted II a vote OF the people OF
said District Of Fairmont, in the Coun-
ty OF Marion, at IN election held for
that purpose, and shall have received
three-fifths Of all the votes cast for
and against the same.
1t Is there fore, ordered that an cleo
ton for that purpose shall be held by
the qualified voters OF said District 81
Fairmont in the County of Marion. on
the Goth day OF April, 1920, between
the hours of sunrise and sunset, at the
regular voting places in said District,
to. decide whether they will ratify or
reject this order. Notice Of such cleo
ton shall be given by the publication
of the order of the Board calling the
same in The Fairmort Times and Tho
West Virginian, two newspapers Of
different political parties and having
a general circulation in the territory
in which the election is to be held. at
least once each week for two success
i've weeks. Printed copies OF this or.
der shall be posted at each place OF
voting at least ten days before the
election. The Secretary OF the Board
of Education of said district is hereby
authorized and directed to procure and
furnish to the Election Comission-
ers, at each place of voting, the tick
cts. poll-books, tally sheets and other
things necessary to hold said election
as provided by Section 1874 of said
chapter 2, Acts OF 1919. and said cleo
ton shall in all other respects be held
and conducted according to law.
And for the purpose of holding said
election, there are hereby appointed
the following commissioners and chal-
lengers Of election to tab : the poll and