The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-05-22
l.sPIEIaI NOTICES
SPECIAL NOTICES
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Proclamation and Notice Of
Special Election for Bono
Issue and Levy to be Held
on the LIST day Of June, 1870.

set at the regular voting place vi PIC
enc, in said Town Of Worthingtol
pursuant 10 an Ordinance adopted anu
passed BY The COMMON council OF inc
said Town Of Worthingt0a at q regu
lar meeting Thereof on the Srd day Q!
May, 1920, which Ordinance Is In tne
words and figures following, that Is
10 say:
!ssue and sale OF ten gear six per cent
municipal bonds Of the Town o!
Wortiiingtou, Marion County, West
virginia, for the purpose Of grading
curoing, paving ard otherwise improv
ipC The streets and alleys OF said town.
in an amount OF Thirty.fiTe Hundred
Dollars (;3550.Oel and Tor a maximum
special bond levy 10 pay the interest,"
ard provide a sinking fund for the dis
charge OF the principal Of SAID boaos
al maturity.
WHEREAS, 1t is deemed expedient
aud necessary by the common council
OF tha Town OF Worth!ngton. Marion
Cornly IVES: Virgins to issue ano
sell. IN the manner provided by law
the bonds Of the Town Of Worthington'
A municina. corporation, in the pin
ciDaI sum Of T'h!rty.iivc Hundred Dol.
lars (s35OO.Guj, the proceeds derived
from The sale 0: said bonds TO be useG
and applied for the purpose Of grad
inr, curb!ng, paving and otherwise in.
proving the streets and alleys oil said
Town Of Worthington, and
WHEREAS, satli1 ent funds 10 pay
for said grading, curhing, paving anu
otherwise improving said streets and
alleys OF sid Town OF Wor;hinston.
are not now possessed by said Nun
Cipai.ty. .,..
ed by the common council OF the Town
Of Worth!ngton. Marion County. West
Virginia, in regular meeting assem-
bled: w.,
Section |. That the Town OF Worth
incton, a municipal corporation, 90 IS;
sue and sell in the manner provided
by law the bonds Of the said Town OF
Wcrthirgton, 4 municipal corporation.
in the principal sum and amount ,e OF
Thirty.fiye Hundred Dollars ($SSOO.OVl
and that the proceeds derived from
the sale Of said bonds be used and ap'
pIied for the purpose Of grading, curb
ing paving and otherwise improvlns
The streets and alleys OF tie Town OF
Worthinglon, as follows:
Water street from the Baker resi-
dence 10 intersection with +. & w.
pike, a distance OF approximately 1890
feet 10 width OF ~ feet, with brick,
such paving 10 have a concrete curb
on each de throughout its length.
lexcep; at intersections or cross
streets, and said curb 10 be Il incnes
in thickness; estimated cost $30OO.oO.
Section .. Said bond issue shall be
for a sum in the aggregate not 10 eX'
coed the principal sum OF Thlrty-tlvst
Hundred Dollars ls35U0.U0), and sinai,
consist OF seven az bonds, numbered
from one % to seven ~, both In:
elusive, each Of the denomination Of
Five Hundred Dollars (S5O0.O0l, and
such bonds shall be executed and sign.
ed for and in the name Of the sald
Town Of Worthington, by the mayor
OF said town and counters!gned BY the
recorder Of said town, who shall also
attach the seal OF said town thereto,
and shall be issued and dated as Of the
18th day OF July, 1920. and shall be
payable at the First National Bank Of
Worthington, in said Town Of Worth.
ington, County Of Marion and State OF
West Virginia, and shall be due and
payable in gold coin OF the United
States Of America OF the standard Of
weight and iineness existing on the
SAID 18th day Of July. 1920, and which
said bonds shall be coupon bonds, and
shall be due and payable in ten tl0)
years from their date and shall bear
interes, al the rate OF six (6) per
centum per annum. payable annually
and said interest shall be evidenced by
COUPONS attached TO said bonds and
The said coupons shall be signed by the
MAYOR Of said town, and by the re-
recorder thereof. Said bonds shall be
made payable to bearer. -,
Section 3. That the said bonds shall!
he sold and disposed Of in the manner
provided by law, al not less than their
mar value. for cash, at public sale toI
the highest bidder therefor, in wit.
ing approved by the officers Of the
said Town OF Wortkinston, conducting
said sale, and the proceeds derived
therefrom shall be deposited In such
bank or banks as may be designated
bv the common council OF the said
Town Of WorthingtoE, in the manner
prescribed BY Law, said bank or banks
10 be required 10 give security there
for as provided by law, and such pro-
ceeds shall be used for and applied 10
the purpose SET forth in Section One
hereof.
Section 4. That all questions 10
connection with the issue and sale OIL
said bonds snail be submitted TO the
qualified voters Of the said Town OF
Worthiugton in accordance with the
statute in such case made and proVid'
ed at special election to be held, to
decide whether the qualified voters o.
said Town Of Worthington, will ratify
or reject this Ordinance on Tuesday,
the LIST day Of June, 1920, at the US.
ual voting place or precinct In SAID
Town OF Worthington, and the mayor
Of said Town Of Worthington Is mere
by requested and directed to Issue q
rrocIomotion racitinF this OrdinancaI