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

2<k3xN 4 y
sPECIAINoTICEs =
PROCLAMATION AND NOTICE OF
ELECTION FOR SCH oL BOND
ISSUE AND LEVY.
TO THE QUALIFIED VOTERS OF
FAIRMoNT DISTRICT, IN THE
COUNTY OF MARION AND STATE
OF WEST VIRGINIA:
TAKE NOTICE!
THAT at legal meeting OF the
Board OF Education Of the District OF
Fairmont, in the county Of Marion
and state of West Virginia. held on the
9th day OF March, 1920, the following
order was adopted and entered Of rec
ord, namely:
II appearing to this. The Board Of
Education, OF the District OF Fairmont
in the. county Of Marion and state OF
West Virginia, that to accommodate
the youth Of school age residing in
said district 1t is necessary to issue
bonds in the. sum Of Ninety-eight
Thousand Dollars ($es,0o0.00). as pro
vided by chapters 2 and 1875 OF the
*Acts Of the Legislature, OF 1919, in or
der to procure money for the following
purposes, that Is to say:
/. To erect, complete, enlarge
and furnish school building in
THE town or village OF Barrackville,
a. If0tVrfrk hA
school site recently purchased
from Louise Conway.
2. To purchase school site
near the present cayenne school
in said Fairmont district, and to
erect, complete, enlarge and fur.
nish a school building thereon.
And 1t having been determined that
this proposed bonded Indebtedness,
together with the existing indebted
ness, does not exceed two and one
half (21k) per centum OF the value Of
the taxable property in the said dis
trict as ascertained by the last as
sessment for state and county taxes:
Therefore, in pursuance Of the fore
going and said chapters 2 and 126 Of
said Acts of the Legislature of 1913
It Is hereby resolved and ordered that
this, The Board Of Education Of the
District Of Fairmont, in the county o!
Marion, do borrow money in the sum
Of Ninety-eight Thousand Dollars
($9S, 000.00), and issue and sell bonds
to raise said amount of money for the
purposes aforesaid, namely:
1. To erect, complete, enlarge
,frh anhan1 hrftHfn0 In
the town or village Of Barrack-
vile, in said Fairmont district, on
the school site recently purchased
from Louise Conway.
Q. To purchase a school site
near the present cayenne school
in said Fairmont district, and to
erect, complete, enlarge and fur
nish school building thereon.
And to provide more definitely con
corning said bonds 1t is further or
dered:
~ Said bonds shall be 9S In mum
Der. of the denomination Of One Thou
sand Dollars (s1000.00) each, and shall
be numbered from 1 to 9S consecutive
ly, making the aggregate of $4,000.
(2) Said bonds shall bear date. The
list day of June, 1920 and shall be is
sued serially in equal installments o.
100000. each; so that after the frs
five years from the date of their issue
one OF the series will fall due and be
payable In every year Of the remaining
period Of their issue, as follows, to
wit:
ss bonds of 100000 each. due and
Dayahle as follows: a
Bonds 1 to z, botn inclusive, making
total OF 100000, due and payable
on the 1st day of June. 1925.
Bonds to IA, both inclusive, max
ing a total of 100000, due and paya
BILE on the LIST day Of June, 1926.
Bonds Is to 81, 10th inclusive, max
ing total Of 100000, due and payable
on the 1st day OF June, 1927.
Bonds % to %, both inclusive, max
ing a total of 100000, due and payable
on the LIST day Of June, 1928.
Bonds 30 to 35, both inclusive, max
ing a total OF 100000 due and payable
on the LIST day of June, 1929.
Bonds sc to 40. both inclusive.
making total of 100000, due and
payable on the LIST day OF June, 1880.
Bonds 40 to 40, both inclusive,
making a total Of 100000, due,and
payable on the LIST day Of June. 1881
Bonds SO to SIS, both inclusive,
making total Of 100000, due and
payable on the LIST day Of June, 1882.
Bonds So TO So, both inclusive.
making total Of 100000, due and
payable on the LIST day Of June, 1888.
Bonds Ga to 20, both inclusive,
making a total OF 100000, due and
payable on the LIST day Of June, 1884.
Bonds II to n, both inclusive,
making a total of 100000, due and
payable on the 1st day Of June, 1885.
Bonds IS to "a, both inclusive,
making a total of 100000, due and
payable on the 1st day of June. 1886.
Bonds So to 81, both inclusive,
making total OF. 100000, due and
payable on the LIST day Of June, 1887.
Bonds % to 50. both inclusive.
making total of 100000, due and
payable on the LIST day OF June, 1888.
Said bonds shall be payable at The
National Bank of Fairmont, Of Fair
mont, West Virginia, or at Guaranty
Trust Company Of New York, Of New
York City, in the State of New York.
at the option of the holder, and shall
bear interest from their date at the
rate of five CD per centum per an
mum; they shall have coupons attach
ed for the payment of the interest
+haroop which counona shall he m III