Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1924-03-27

4 that said funds in the event said bond
issue shall carry, shall be SO expend-
ed and shall not be expended for any
! other purpose or purposes and the
said court further finds that all nee
essary incidental and preliminary
steps required by law in the submits
sion of such bond issues have been
duly taken and done, and it further ap
] pearing that said petition prays for
the submission of the said PROPOSE
ton at a special election for that
purpose in the event the court deems
it advisable so to do, and the said
court being of opinion that it is adj
visable that said proposition be sub
/ mitted at special election, doth ac-
cordingly authorize, direct and order
that special election be held in
Valley District of Barbour County
and that portion of Belington hide
/ pendent District and the City of Be-
lington, situate on the west side of
the Tygarts Valley River, for that
purpose and that vote be taken
of the legal voters of said political
subdivisions at the regular voting
precincts therein, and it is here or
dered that the said special election
shall be held on the 22nd day of April
1924, upon the question of the pro-
position of the issuance of bonds in
the amount of $80,O00.00 for the pur-
poses and uses herein described, the
proceeds whereof shall be used, when
duly AUTHORIZED by the legal voters
therein, for the purposes herein des-
cribed and for no other purposes.
! It is further ordered that at the
same time and in the same manner
there shall be submitted the ques-
ton of the authorization of the court
to lay sufficient annual levy to pro
vide funds for the payment Of tbs
interest ON said bonds and the prin-
cipal threof at maturity.
In conformity with Section Of
! Chapter IA Of the Acts of the Leg
islature of West Virginia for the
year 1923 the said court doth here
order, find and state as follows:
(a) That petition has been flee
praying for the submission of tht
said bond issue proposition for tn,
/ construction Of the roads as herein
before set forth and described anC
that said petition is in proper form
and in accordance with the require
ments of law in such cases, and sign
ed by twenty percent. of the lega
voters of said political subdivisions
as determined by the aggregate vot.
cast for governor therein at the las
preceding general election at which
governor was voted for.
(b) That the engineers report pro
vided for in Section of said Chap.
!. ter Ia, has been duly filed and thai
a summary thereof setting forth the
approximate extent and estimated
cost of the proposed Improvements
and the kind and class of work tx
be done thereon has been herein a.
bove correctly set forth ard that
said engineers report was presented
to the court and duly filed on this
the oath day of March, 1924.
(c) That the purposes for which
the proceeds of said bond issue are
TO be expended are hereinabove cor
rectly set forth and described be.
ing for the construction Of an equal
amount of the two roads defined in
said petition of the kind and class
of construction as therein defined
and that said proceeds are not to
be used for any other purpose OF
purposes.
(d) That the valuation of the tax
able property of the said magister-
ial district of Valley in Barbour
County, West Virginia and that por-
ton of Belington Independent Dis
-trict and City Of Belington in said
county situate on the west side of
the Tygarts Valley River, as shown
by the last estimate thereof for state
and county purposes is 81 ,669, 21900.
(e) That the said district of Val
ley has no Indebtedness against it Of
any kind or character, bonded or
otherwise but that that portion of
the Independent District of Beling-
ton and City of Belington, situate
ON the west side of the Tygarts Val
ley River has bonded Indebtedness
against it, over and above any sums
in sinking funds creditd against the
same, amounting to the sum of APP
proximately $3,45O00 and that this
amount has been deducted from the
total amount of five percent of the
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