The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-03-14

Isum OF $4,000 90 will improve
the same. This amount Il suftl-
Client TO build 25,0s0 lineal feet OF
concrete paving 16 feet wide, there
being approximately 1856 square
yards OF concrete pavement ap-
| proxlmately. 1886 lineal, feet Of
piping. and approximately 10000
cubic yards Of grading.
Tenth: thirty five thousand dol.
lars (s35 600. COZ to be expended Oh
the Hopewell Road outside the city
OF Fairmont, beginning where said
Hopegell road intersects the cor
Eporate line Of the city OF Fatrmont,
thence by way Of said Hopewell
road and as. far on said road as
said sum Of S35, 900 100 will improve
the same. This amount Of money,
lis sufficient TO build $500 lineaJ
feet OF 16 foot concrete road, there
being approxirsI JHf $500 cubic
yards OF grading. approximately
9,422 square yards OF concrete
pavement. And 800 lineal feet OF
piping.
| And thereupon the Court proceed
cd to. consider the said petition and
the said report; and It appearing
to the Court and the Court doth
find that It is desirable that the
said Union District should appro,
pirate the sum In said petition
mentioned. to.wit, 1901, 90. 0Ol for
the purposes therein mentioned;
and the Court doth hereby approve
tho plan OF Improvement Of the
roads, streets and highways pro-
posed in said petition and report,
and 1t further appearing and tho
Court doth find that the amount
Of the current road lcyies 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 year
1921, that being the last assess.
nlent year for State, County and
District purposes Is $685., 1970U;
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
to create at this time for the pur-
pose in said petition mentioned Is
lin excess of the total amount OF
bonds in said petition proposed to
be issued, to.wit, tho said sum OF
$4,000 90.
And after mature consideration,
the Court Is OF tile opinion anil
doth find that the request aud
prayer of the said petition should
be granted and the Court does
thereby grant the same. And the.
Court deeming 1t advisable that the
said Union District should appro-
PIRATE the said sum of the $780,
000.0 90 in said petition mentioned
for tho purposes therein set out,
and, to the end that the said ap-
preparation should be made this
Court deems It advisable that tho
said Union District should be
bonded IN the amount mentioned In
the petition, to-wlt: 1891, 900. 90 aud
that the proceeds arising from the
sale of the said bonds should bo
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 as
may be prescribed by law; this
Court is Of the opinion to and does
hereby order and direct that a vote
be taken OF the legal voters Of the
said Union District OIL the qles-
ton Of the issuance Of the said
bonds, the proceeds of which shall
be used for the purposes aforesaid,
Said bonds shall draw interest at
not to exceed five and one half per
centum per annum, 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 on 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 nj
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 instaliments With
lin from one TO twenty nine years
from their dato, shall show on their
face their serial numbers respects
lively and the date on which they
shall DO paid, and the interest
thereon shall be payable at the. Of
flee Of tie said Treasurer of'.thr
State of West Virginia and shall
BIO evidenced by coupons attached
to said bonds. which shall be
executed by the facsimile sigma
| ture Of the President and Clerk Of
this Court. Said bonds shall recite
that failure to present for payment
when due shall stop future payment
OF interest thereon.
Said honda shah be consecutive
| " numbered, be Of the following
amounts and respectively become
due and payable as follows:
Bonds 1 TO 5 INCLUSIVE for One
Thousand Dollars, each and Bond
c for Five Hundred Dollars, June
!, 1923.
Bonds 2 to 12, inclusive for One
Thousand Dollars each and Bond 13
/ For Five IJ11n1I-aH T101IoTEs Tt11a i