Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1920-03-26


licati0n in two consecutive issues
the Grcenbricr independent.
The proceeds of said bonds shall
placed in the hands of the coup,'
treasurer who shall deposit somt
according to law. and shall co;lona
and account for the interest accruino
on such deposit. Said treasuraJ
shall receive no compensation ro.l
handling. discussing and accountir.
Tor said fund or the interest thereon
The plan to meet the accruinp j.,
terest on said bonds and to nav nn
and discharge the principle therenS
is as follows:
1t shall he the duty Of the comm,
court of said Greenbrier County y,
the annual levy term thereon
each year until said bonds and in
terest thereon accruing shall be fu,i,
paid and discharged. to lay a sufficians
levy on all the taxable property nS
said Williamsburg Magisterial ME
tFict, including the Town of Williams
burg therein. provide a net fun,
sufficient to pay the interest on saiS
bonds, and to take up and dischar.a
the principal thereof as the sn,ns
shail become due and payable as
hereln provided. And it appearinJ
70 the court, and the court so holds
that the maximum levy which thu
court may lay on the property al
said district, and applicable for tba
purpose. Will not produce sufficient
FUNDS to pay off and discharge tbs
interest and principal sum ~ saia
bonded Indebtedness of 500 Ooo oH
herein proved for, after proyiS;nv
for the administration of the q ffair
OF said Williamsburg District. ANA
maintaining the roads Thereon as
provided by law, and the court find.
that the maximum levy each YEAR
necessary to provide for the paymentI
or said interest and each serial ND
SINKING fund for said bond issue I'D
S9S,OOO.OO for said WflIiamshura
district, including the Town of vii
llamsourg therein. is fifty-one cent.
on each one hundred dollars vaIma
ton. of all the taxable property nf
SAID district OF WILLIAMSBURG includ.
ing the Town of WILLIAMSBURG thor
IN. 1t Is, therefore. provided. order
ed and directed that a vote of tho
legal voters of said WILLIAMSBURG
District including the voters OF tho
Town OF Williamsburg therein. he
taken on the said 18th day of Anril
1870. at the special election herein
before ordered held on said day and
date. on the question of authorizinp
special maximum special bond levi
or nfty>one cents on the one hundred
dollars valuation of the taxable
property of said williamsburg bis.
trlct. including the Town of Williams
bnrg therein, to pay the interest,"
accruing on said $99,OOO.Oe propos.
ca pond issue, and to provide a sink
ing Iund to meet each serial payment
IN the discharge of the principal Of
Sald proposed bond issue, and the
of election herein
Defore appointed to hold said cleo
tlon shall poll and ascertain the vote
OF the voters aforesaid on said
question OF authorizing said sDeciaI
maximum bond levy, and shall Ger.
lily the same according to law. Il
rs further ordered that at each. sub,
sesuent levy term the court shall law
sullclent levy to Nall\ times meet the
interest and serial bonds as they be-
come due and payable, but not 10
exceed the maximum authorized by
said voters. -
II is further ordered that the
voters OF said district including the
Iown OF Williamsburg therein be
hsted and registered by this court
as provided by law in respect to the
registration ,of voters for speciul
elections, and that this court sit ON
the fifth day preceding said special +
election for the purpose of hearing
any and all matters as to the regis
tration of voters Of said district, and
or doing any and all things necessary
and PERTAINING thereto as required
by law.
! 1t Is further ordered that in the
event said bonds are authorized the |
committee prayed to be appointed
In said petition be appointed by this
curt. In case said bond issue is ap-
proved. then the proposed Improve.
ment shall be done under proper
engineering supervision, and as pro-
vided by law.
On the fifth day after said special
election Sunday excepted) this court
snail convene as Board of Canvass
ers and canvass the returns Of said
election as provided by law.
THOS. w. SHIELDS. Pres.
e. w. SYDENSTRICKER.
COMMISSIONS.
A copy. Teste:
PAUL C. HOGSETT, Clerk. /