The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-10-18
PROCLAMATION
AND NOTICE OF ELECTION FOE
SCHOOL BOND ISSUE AND LEVY

! SSACcL bSHo 45S ANA AAs
y" N" Qualified vo:Nrs OF Tr!ad"l.
, rh'a District IN the C"na,y OF on" and
/ State .: Wce, E.rcin!a:
| take Notice.
! THAT - a legal meeting OF ;Ie
Roard t.: Education OF Philadelphia I'is-
tr'"t In III" County of Ohio and state
: ~ We, Virginia. held on N" ~ ia!
, - September. 1919. the following order
! was aa"p;"! AID catered OF record
/ namely:
! I. appearing 20 ~" Board "f EIuca-
. teen Of Triadelpnia District thai TO az
! cu:;I;n,.atN ,hc Youth OF school are
residing N said district. 1t ~ necessary
- tSSTe bonds IL the sum "t sSoo.or""o
! as provided by chapters twn ana chs
hundred and tw'Cty-SiS OF II" L"s'7-
! lo'1re t2l?. IN order "a pr"crr" money
, Cor tn" purprS" 80 purchasing Hch""t
I Size. erecting. completing. charging ana
furnishing Wuols'daic. NJ. u" tnan'ei'
| Park View. Tim Grove. Tr!ade!phia'
M.dGl" Wheeling Greek. elementary
schp"ls and rho Philadelphia D!stri,t
I High School and 4 having been deter
, mined that this proposed bonded IN
dchtcdncss. together with the existing
Indebtedness. does no: exceed two and
oNc-ha.. per ccut'.m ut the value or the
! taxable property N said district as a.
crr,a!;,cd Iy the las: assessment lot
state and county taxes:
Therefore. IN pursuance OF tho FORE
going. and said chapters two AMI one
hl"ndr"a twerty-si1 OF said Acts OF the
Legislature OF 1919, It Is hereby re-
solved and ordered that the Board or
Education o! said Philadelphia District
do borrow money in the sum or SSoV'pVu
and issue and sell bonds 10 raise SAID
amount 70. the purpose OF purchasing
school site. erecting, completing. en-
,arsiuE AMI furnishing WoodSdalc $50
900: NJ. he Chaatel $4,000; Park view
So. 900: Elm Grove S2n.G00: Trtadelph
$4,000: Middle Wheeling Creek elemen-
tary schools sio.noN: Philadelphia Dis
tric, High Schools $4,000 in said dis
tr:r'
And 10 provide more definitely con-
cerniag said bonds Il Is further ordered:
% Said bonds shall be 800 in num-
Der OF the denomination OF 100000
each. and numbered from ! TO 300 con-
secr;!vely making tho aggregate OF
100000.
60 Said bonds shall bear date OF
the day OF January. 1928. and be pay
able on or before the day OF January
l943. ~ the office OF the Treasurer or
The State Of West Virginia. or at Ma
,ional City Bank, City Of New York at
the option OF the holder OF sad bonds
and shall bear interest from their oate
at the rate Of 81 per centum per an
mum: they shall have coupons attached
FOR the payment OF the interest thereon
which coupons shall no paid seml-an-
nually. at the same place that the oonos
are payable. on the day OF July, 1929.
and the | day OF January each year.
beginning six months after the date
thereof. Until the bonds mature, unless
sooner redeemed or cancelled pursuant
20 law. Said Loads shall be issued seri-
ally in equal !nstallments OF *Zo.ooo
each so that after the first Two years
from the date OF their Issue one or the
series will fall due and be payable In
every year OF the remaining period OK
their Issue. Such bonds shall also con.
tain provision authorizing the Board
O: Education. after five years from tho
date OF issue, TO pay any or all OF tho
remaining outstanding bonds at any In
terest period by notifying the holders
OF such bonds, by letter. II the names
and postofilce addresses OF such hold
ers he known TO the board. and by CIV
ing at least sixty days notice by publ
cation in one or moro newspapers, said
bonds to be retired In order which they
fail due.
80 Said bonds shall be payable to
the bearer and shall be signed by tho
Board OF Education OF Tr!adelphia Dis
tr.ct. Ohio County. State OF West Fir-
ginIa. by the President and Secretary
respectively. OF said board. and the cor
porate seal OF the said board shall DO
affixed thereto. and the interest cou-
pons shall likewise be so payable, ana
bear the engraved signature Of the sec
rotary, and they shall be cut off when
paid.
(D Said bonds shall refer on their
face to chapters and 1875. Acts OF the
Legislature OF West Virginia. regular
session 1919. under which they are is
sued, and shall contain reservation OF
the right OF said board to pay or ana
redeem the same or any one or more or
the same after five years from uato
OF Issue as provided by this order; ana
shall also state that provision has oeen
made for the collection OF dtrec'
anuual tax to pay annually the interest
thereon and the principle thereof. vita
In and not exceeding twenty years.
60 Said bonds. unless purchased by
the Board Of Public Works or the Sink
ing Fund Commission. after having
been advertised In some convenient
newspaper. for four successive wee"s
previous 10 such sale, shall be sold at
public sale to the highest bidder In
writing, for cash. at not less than par
value, AMI the proceeds arising from
said sale Of bonds shall be used FOR tho
purpose OF purchasing school site. cree
ting. enlarglnc. completing and furnish
ing Woodsdale, Nj. De Chantel. Park
View, Elm Grove, Triadelph!a. Middle
Wheeling Creek elementary schools,
Triadelphia District High School in said
district; and 1t Is further ordered that
a direct annual tax be collected In sald
district, sufficient 10 pay annually tho
interest on said bonds and the princi-
pal thereof. within and not exceeding
twenty years from the date OF saio
bonds, and for said purpose an annual
maximum special bond levy OF six cents
20 ray the interest and six cents TO pro-
vide sinking fund for the discharge
Of the principal OF said bonds. on tho
one hundred dollars (l00) valuation on
all of the assessable property in said
diStric, is hereby authorized.
The money so levied and collected TO
nay 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 connected
Herewith shall have been first submit
ted to a vote Of the people OF said Tria-
de.ph!a District a. an election held for
that purpose. and shall have received
three-fifths OF all of the votes cast for