Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1920-07-09

more of the same after five years
from the date of issue, as provid-
cd by This order; and shall also
state that provision has been made
for the collection of direct an
nual tax TO pay annually the inter
est thereon and the principal there
of. within and not exceeding twenty
years.
60 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 pro-
ceeds arising from said sale of
said bonds shall be used for the
purpose of purchasing school site
Tor sites), erecting, enlargnig, COM
Pleting and furnishing school
further ordered that a direct an
nual tax be collected in said dis
trict, sufficient TO pay annually the
interest OH said bonds and the prin-
cipal thereof, within and not eX-
ceeding twenty years from the date
of said bonds, and for said pur-
pose an annual maximum special
bond levy of Is cents to pay the in.
tereSt and II 1-2 cents to provide
a! sinking fund. for the discharge of
The principal of said bonds on the
one hundred dollars ($1O0.O0 VAL
nation on all of the asSessable prop
crtY in said district is hereby ail-
thoriZed; and as hereinabove stated
said bonds shall be subject to re-
demption, after five years from
thnIr date nj tho nr,fsoD Ne
board. The secretary by order of
the board shall each year give
notice by notifying the bondholl-
erS of the bonds to be redeemed, by
letter, if the names and postoffices
address of such holders be known
TO the board, and by giving at least
sixty days notice by publication in
one or more newspapers, that on
or after the day named the desig-
mated bond or bonds, with any ac-
crucd and unpaid interest, will be
paid upon presentation; that if not
presented they shall cease TO bear
interest o. the day named for said
redemption.
The money so levied and collect
ed to pay the principal and inter-
est 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, un-
til all questions connected there
with shall have been first SUBMIT
ed to a vote of the people of said
Lewisburg Independent District at
IN election held for that purpose,
and shall have received three fifthS
of I'll the votes cast for and against
the same.
II is, therefore, ordered that an
election for that purpose shall be
held by The qualified voters of
said Lewisburg Independent Dis
tricf, on the
10TH DAY OF JULY, 1920,
between the hours of sunrise and
sunset, at The regular voting places
in said district, 10 decide whether
they will ratify Or reject this order.
Notice CT such election shall %, be
given by the publication of the
order of the board calling the
same in two newspapers of differ
ent 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
successive weeks. If there is only
ton in the territory in which The
election is 10 be held then the no.
lice Of publication shall be made
therein. Printed copies of the
aforesaid order shall be posted at
each place of voting at least Ten
days Before the election. The Sec
rotary of the board of education
of said district is hereby authoriz-
ed and directed to procure and
furnish TO the election commission
ers, at each place Of voting, the
ticketets, poll books, tally sheets
and other things necessary to hold
said election, as provided by sec
ton 1874 Of said chapter 2, Acts of
1919, and said election shall in all
other respects be held and conduct
ed according TO law.
And the ballots used in said cleo
ton shall have printed thereon as
a caption the following:
"a special election. TO author
ize or reject the issuance and
sale Of bonds, in the amount Of
S37, 10000 for the purpose of
erecting, cnlarging, altering and
cquiping and furnishing q build