Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1924-04-03
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"a FUNDS in tas event ~ad
al s..y, snail be hd-
Aal. n-t De expeade. any
purpose or, purposes .he
Said court further finds that al lec-
ary incidental and pr 4ry
teps required by law IN the sa.mis-
ION Of such bond issues have cen
duly taken and done, and it flu :, APP
airing that said petition prays for
the submission of the said p. posi-
ton at a special election for that
purpose in the event the cout deems
it advisable so to do, and the said
court being of opinion that it is ad-
visable that said proposition be sub
mitted at a special election, doth ac-
cordingly authorize, direct and order
that a special election be held in
Valley District of Barbour County
and that portion of Belington Inde-
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
4 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 100000 for the pEr-
poses and uses herein described, the
proceeds whereof shall be used, when
duly AUTHORIZE 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 the
interest on said bonds and the prin-
cipal threof at maturity.
| In conformity with Section 4 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 a petition has been filed
praying for the submission Of the
said bond issue proposition for the
construction of the roads as herein
before set forth and described and
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 legal
voters of said political subdivisions
as determined by the aggregate vote
cast for governor therein at the last
preceding general election at which
governor was voted for.
! (b) That the engineers report pro
vided for in Section of said Chap
ter ID, has been duly filed and that
summary thereof setting forth the
approximate extent and estimated
cost of the proposed Improvements
and the kind and class of work tc
be done thereon has been herein a.
bove correctly set forth and 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 arc
TO be expended are hereinabove cor
rectly set forth and described, be
ing for the construction Of an equa
amount of the two roads defined il
said petition of the kind and class
of construction as therein defined
and that said proceeds are not Il
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 saic
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 $3.50, 219.00
(e) That the said district of Val
ley has no Indebtedness against it Of
any kind or character, bonded OF
/ otherwise but that that portion Of
the Independent District If Being
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 = ainst this
same, amounting to the su5a Of ap-
proximately $4,000 and that this
amount has been deducted from the
total amount Of five percent Of the
taxable valuation of the property