The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-03-28

and as far, on said Road as said.
sum OF $4,000 90 will improve
the same. This amount Is sutti-
cient to build 25,0SO lIneal feet OF
concrete paving IS feet wide, there
being approximately 1856 square
yards OF concrete pavement. ap-
proximately 1896 lineal feet Of
piping, and approximately 10000
cubic yards Of grading.
Tenth: thirty five thousand dol
lars ($S5.O0o.O0l to be expended Oh
the Hopewell Road outside the city
OF Fairmont, beginning where said.
Hopewell road i~ntersects the cor
porate line Of the city OF Falrmont,
thence by way OF said Hopewell
.road and as far on said road 40
said sum Of $685. 0 90 will improve
the same. This amount OF money
is sufficient to build $500 llneal
feet Of Is foot concrete road, there
being approximately $500 cubic
yards of grading. approximately
1922 square yards OF concrete
pavement. And 900 lineal feet OF
piping.
And %thereupon the Court proceed
ed to consider the said petition and
the said report; and It appearing
10 the Court and the Court doth
find that It is desirable that the
said Union District should apprU.
pirate the sum In said petition
mentioned, to.wit, SS91,0O. 90 for
the purposes therein mentioned;
and the Court doth hereby approve
the plan of Improvement OF the
roads. streets and highways pro-
posed in said petition and report,
and It further appearing and tho
Court doth find that the amount
OF the current road levles possible
to be made upon the property as
essed and taxable in said Union
District for road purposes is in
sufficient for the purposes OF the
Improvement Of the roads, streets
and highways aforesaid as prayed
for in said petition; that the total
valuation Of the taxable property
In said Union District for the yeat
1921, that being the last assess
ment year for State, County and
District purposes Is S7,S25,1 1877. 90;
that the said Union District does
not have an indebtedness, bonded
or otherwise and that therefore the
total indebtedness which the said
Union District is by Law authorized
ito create at this time for the pur-
pose in. said petition mentioned Is
In excess Of the total amount Of
bonds in said petition proposed to
be issued. to-wit, the said sum Of
S391,000. 90.
And after mature consideration,
1.-THE Court Is OF the opinion. AMI
doth find that the request and
prayer Of the said petition should
be granted and the Court does
hereby grant the same. And tho
Court deeming 1t advisable that the
said Union District should appro-
PIRATE the said sum OF the $751;
600. 90 In said petition mentioned
for the purposes therein set out.
and, to the end that the said az.
preparation should be made this
Court deems 1t advisable that tho
said Union District should be
bonded IN the amount mentioned in
the petition, to-wit: $391.000 90 and
that the proceeds arising from the
sale of the said bonds should be
used in establishing, locating and
relocating. grading, draining brid-
ing, constructing and improving
generally and permanently, with
concrete brick, asphaltum, maca'
dam. stone block or other process
OF equal merit upon such roads as
in said petition such process is
called for or In such manner rs
may be prescribed by law; this
Court is Of the opinion TO and docs.
hereby order and direct that a vote
be taken Of the legal voters Of the
said Union District on the ques-
ton OF tho issuance OF the said
bonds, the proceeds Of which shall
be used fer the purposes, aforesaid.
Said bonds shall draw interest ut.
not to exceed five and one half per
centum per annun, payable SEMI
annually on the first day OF June
and December Of each year begin
ming six months after the date
thereof and shall be paid serially
within twenty nine years OIL each
annual interest period commencing
one year from the date OF the said
bonds. Said bonds shall be issued
and dated as OF the first day nf
June 1922. and shall be payable 10
the bearer at the office Of, the
Treasurer Of the State Of West
Virginia in the City OF Charleston
In Annual serial installments with
in from oneft to twenty mine, years
! from their date, shall. show on their
tace their serial numbers respect
lively and the. date on which. they
shall be paid. and tho interest
thereon shall be payable at the Of.
flee Of tie said. Treasurer of thr
! State Of West Virginia and shall
ub w tpup1AS bStaSASN
to said bonds. which shall be
executed by the facsimile sigma
ture OF the President and Clerk OF
this Court. Said bonds shall reoite
that failure TO present for payment
when due shall stop tlturo payment
OF interest thereon.
Said bonds shah be consecutive
ly numbered. be OF the following
amounts and respectively become
due and payable as follows:
Bonds l to S inclusive for One
Thousand Dollars, each and Bond
6 for Five Hundred Dollars, June
II, 1923.
Bonds z TO 10, inclusive for One
Thousand Dollars each and Bond 10
for Five Hundred Dollars, June !.
1924.
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