The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-04-07
spFClAr NOTICES

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
shan be cut OF when paid.
{ 20. Said bonds shah refer on
their face to chapters ? and i sc, Acts
OF the Legislature of West Virginia,
regular session, 1919, under which
they are issued. and shall contain q
reservation Of the right OF said Board
to pay OF and redeem the same, or
any one or moro OF the same, after
1--WE years from the date OF issue, as
provided by this order: and shall also
state that provision has been made
for the collection of a direct annual
tax to pay annually the interest there
on and. the principal thereof, within
and not exceeding twenty years.
t5). 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:
1. To erect, complete. enlarge
and furnish school building in
the town or village OF Barrack-
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 pi9triot, and to
erect, complete, enlarge and fur
nish school building thereon.
And 1t IS further ordered that d.
rect annual tax be collected In said
district. sufficient to pay annually the
Interest on said bonds and the prin-
clpal thereof, within and not exceed
ing twenty years from the date OIL
said bonde, and for said purpose an
annual maximum special bond levy OF
fifteen t15) cents TO pay the interest,
and twenty (20) cents to provide a
sinking hind for the discharge OF the
principal Of said bonds on each lone
hundred dollars (S100.00) valuation OF
all OF the assessable property in sale
district is hereby authorised; and as
hercinabove stated, said bonds shall
be subject to redemption, after five
years from their date, at tho 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,
II the names ahd postUffice address
OF such holders be known to the Board,
and by giving at least sixty days no
lice by publication in one or more
newspapers, that on or after the day
named the designated bond or bondE,
with any accrued and unpaid interest,
will be paid upon presentation; that
II 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 10 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 Il vote of the people OF
said District OF Fairmont, in the Coun-
ty of Mariol, at un election held for
that purpose, and shall have received
three7Iiftha of all the votes cast for
and against the same. y
1t is there fore, ordered that an cleo
ton for that purpose shall be held by
the qualified voters OF said District Of
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 ratlfy or
reject this order. No ice OF such cleo
ton shall DO given by the publication
of the order Of the Board calling the
same in The Fairmory Times and The
West yirglnian two newspapers OF
different political parties and having
a general circulation in the territory
in which the electlo 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