Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1925-03-04
TovoTE.
Be IL Ordered By the Council of
the Corporation of Charles Town.

the Corporation of Charles Town and
said Council thus accordingly find,
that it is necessary that Improvement
be made in the Corporation of
Charles Town, as follows: Ample and
sanitary drainage and sewerage sys-
TENS and such improvement of streets
and alleys as may be required in in
stalling such drainage and sewerage
systems; and that the funds derived
from current levies, applicable TO
making such improvements, which
this body is now authorized by law to
lay, after providing for the admins
tration of the affairs of said Corpora
ton of Charles Town, and meeting
the current expenses thereof as re-
CURED by law, are insufficient to
make said improvements and that,
therefore, bonds should be issued to
provide funds for such purposes;
And that it appears to said Coun-
ell, and the said Council doth accord
ingly find, that the valuation of the
taxible property in said Cooperation
of Charles Town, as hhown by the
last assessment thereof for State and
County taxation purposes, is 3,174,-
054.00 three million one hundred
and seventy-four thousand and fifty
four dollars; that the indebtedness
of said Corporation of Charles Town
is SO, 100000 (ten thousand five hun
bred dollars) and that therefore,
bonds in the amount of 100000
Zone hundred thousand dollars) may
be issued without exceeding any con-
stitutional statutory limitations.
That bonds to the amount of
$100,000.00 Zone hundred thousand
dollars be issued and sold, the pro-
ceeds of which shall be used only for
AMPLE AND SANITARY DRAIN
AGE AND SEWERAGE SYSTEMS
IN SAID TOWN AND SUCH I'M
PROVEMENTS OF STREETS AND
ALLEYS AS MAY BE REQUIRED
IN INSTALLING SUCH DRAINAGE
AND SEWERAGE SYSTEMS.
THAT said bonds shall bear interest
at rate not exceeding per cent.
five per cent? per annum, payable
semi-annually and be payable from
not more than two to thirty-four
years from their date; and that the
maturities on each series of said
bonds shall be as follows:
Three bonds of 100000 Zone
Thousand Dollars) each Tin all three
thousand dollars) shall be payable
each year for SO (thirty-two) years,
and (two) bonds of 81 100000 Zone
Thousand Dollars) each Tin all two
thousand dollars) shall be payable in
2 (thirty-two) years, and two bonds
of ST 100000 Zone Thousand Dol
lars) each payable in 81 Thirty
FOUR years.
1t is further ordered that a special
election be held in said Corporation
of Charles Town on the 10Th day of
March, 1925, for the purpose of
voting upon the question of incur
ring the debt and issuing said bonds,
and all other questions properly con-
nected herewith; and that the Com
missioners for holding said election
be appointed as follows, namely:
FIRST WARD.
G. A. Mock, C. P. Engle, Mrs. Bes-
sic Wartenbee; Clerk, d. w. Ramey.
SECOND WARD.
J. W. Gardner, Miss Rebecca Trap
nell w. S. Merchant; Clerk, Robert
Orndorff
THIRD WARD.
Geo. P. Shirley, L. S. Linson, Miss
A. L. Baylor; Clerk, Frank ]. Beck
with.
FOOhI II WAhD.
Miss Kate Dooley, Mrs. A. D. Barr,
]. A. Clipp; Clerk, w. B. Davis.
That said Council be and it is here
by authorized to lay an annual levy
upon the assessed valuation of all the
taxable property within the said Cor
poration of Charles Town, sufficient
to provide funds for the payment of
the annual interest upon said bonds,
as it accrues semi-annualy and the
principal thereof at maturity; for
which purpose levy of approximate
ly $50 Thirty cents) on the hundred
dollars valuation, based up the last
assessment of said property for State
and County purposes, will be provid-
ed
That said election shall be held un-
der the following rules:
% The qualified male and fe-
their respective residence IN, the
male voters of the town regardless Of
wards shall be entitled to vote for or
against the proposed bond issue
(2) 1t shall be the duty of the
Finance Committee to have all bal
lots printed, provide all necessary
books pens, pencils, papers, &C., and
to have suitable booths erected in the
respective poll-rooms, and to deliver
the ballots, books, papers, &c., to the
Commissioners on the morning of the
election at each voting place
49, The ballots shall be in the
following form:
FORM OF BALLOT.
Shall the Corporation of Charles
Town incur debt and issue bonds in
the amount of $100,000.00 Zone
Hundred Thousand Dollars) to run
not more than thirty-four years from
the date hereof, with interest not ex-
ceeding per cent. Give per cent?
per annum, for the purpose of ample
and sanitary drainage and sewerage
systems in said town and such inn
provements of streets and alleys as
may be required in installing such
drainage and sewerage systems and
levy taxes sufficient to pay the inter-
est and principal of said bonds.