The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-05-15
SPECIAL NOTICES.
Proclamation and Notice Of
Special Election for Bono
Issue and Levy to be Held
on the LIST day Of June, 1920
To the Qualified Voters Of the Tow
az Mn.tninntnr. Marion County

Oll GAtV LOU aAJ W.
To the Qualified Voters Of the Town
of Wcrtnington, Marion County,
West Virginia: ~,
You viii take notice that there Will
be specia! election IN ana LOT lne
Town o. Wurthingson, il the County
OF Marion :Iai state OF West Virgin
In. on IuesdaJ the list day OF June,
1920. which day /, the undersigned, the
Mayor OF the said Town OF Worthing'
ton hereby appoint, for such purpose,
between the hours Of sunrise ana sun
SGT az the regular voting place or pre-
cinct in said Town OF Worthtngton
nlIrsuant to an Ordinance adopted and
PASSED by The common council Oh the
said Town OF Worthington at regu
lar meeting thereof on the 3rd day OF
Nav 1920. which Ordinance is IN the
words and figures following, that Ii
10 say:
AN ORDINANCE, providing for the
issue and sale of ten year six per cent
municipal bonds of the Town OF
Worthington, Marion County, west
Virginia, for the purpose OF grading
cIf1ina, paviag and otherwise lmprov
ing The streets and alleys Of said town,
In an amount Of Thirty.five Hundred
Dollars (s3500.00) and for q max mum
special bond levy to pay the interest
and provide sinking fund for the dis
charge OF the principal OF said bonds
WHEREAS, it is deemed expedient
md necessary by the common councll
Of the Town of Worthington, Marion
County, West Virginie to Issue ana
sell in the manner provided by law,
the bonds of the Town OF Worthington,
a municipal corporation, in the prln'
cipal sum of Thirty-fiye Hundred Dol,
lars (s3500.00), the proceeds derived
from the sale OF said bonds to be usea
and applied for the purpose OF grad
ing. cllrbing, paving and otherwise I'M
proving the streets and alleys OF salo
Town of Worthington. and
WHEREAS, sufIiu ant funds to pay
for said grading, curbing, paving and
otherwise improving said streets ana
alleys Of said Town of Worthington'
are not now possessed by said num-
Therefore, be it ordained and order
ed by the common council CT the To%n
of Worthington, Marion County, West
Virginia, in regular meeting assem-
bled: ,uo.,,
ington, a municipal corporation, 40 Is,
sue and sell in the manner PROVIDED
by law, the bonds of the said Town Oh
Worthington, municipal corporation.
in the principal sum and amount OF
Thirty.fiye Hundred Dollars. ($3500.O0)
and that the proceeds derived from
the sale Of said bonds be used and ap-
plied for the purpose of grading, curb
ing, having and otherwise IMPROVING
the streets and alleys Of the Town OF
Worthington, as follows: =,
Water street from the Baker resi-
dence to intersection with F.. & w;
pike. a distance OF approximately lSVU
feet. to a width of 1U feet, with BRICK,
such paving to have concrete curb
on each q. de throughout its length.
Except at intersections or cross
Streets)', and said curb TO be IL inches
in thickness; estimated cost $S6O0.0O.
Sec On 2. Said bond issue shall be
for 1. - a in the aggregate not to eX-
coed 1Ae principal sum OF Thirty-five
Hundred Dollars ($3500.00), and shall
consist of seven ca bonds, numbered
from one az to seven (7), both in.
elusive, each Of the denomination OF
Five Hundred Dollars ($500.00), and
such bonds shall be executed and sign.
ed for and in the name OF the sald
Town OF Worthington, by the mayor
VI said town and countersigned Dy tne
recorder Of said town, who snail also
attach the seal OF said town thereto,
and shall be issued and dated as OF the
18th day OF July, 1920, and shall De
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 ana
payable in gold coin Of the United
States of America of the standard OF
weight and fineness existing on the
said 18th day of July, 1920, and which
said bonds shall be coupon bonds, anu
shall be due and payable in ten (lO)
years from their date and shall bear
interest at tho 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!
be sold and disposed Of in the manner
provided by law, at not less than their
par value, for cash, at public sale to
the highest bidder therefor, in writ
ing, approved by the officers of the
said Town of Worthington, conducting
said sale, and the proceeds derived
therefrom shall be deposited in such
bank or banks as may be designated
by the common council of the said
Town Of Worthington, in the manner
prescribed by law, said bank or banks
to be required 10 give security there
for, as provided by law, and such pro.