Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1925-02-25

of Charles Town IN the words ana
figures following, to-wit:
ORDER SUBMITTING PROPOSE
TIoN OF ISSUING BONDS
TO VOTE.
Be 1t Ordered BY the Council of
the Corporation of Charles Town.
That it appears to the Council of
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
inglv find, that the valuation of the
taxible property in said Corporation
of Charles Town, as hhown by the
last assessment thereof for State and
County taxation purposes, is $2,l74,-
O54.00 (three million one hundred
and seventy-four thousand and fifty
four dollars) that the indebtedness
of said Corporation of Charles Town
is $10,500.00 (ten thousand five hun
dred dollars) and that therefore.
bonds in the amount of S100, 100000
Cone hundred thousand dollars) may
be issued without exceeding any con-
stitutional statutory limitations. !.
That bonds to the amount of
$1O0,O00.O0 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 M
.PROVEMENTS OF STREETS AND
ALLEYS AS MAY BE REQUIRED
IN INSTALLING SUCH DRAINAGE
AND SEWERAGE SYSTEMS.
THAT said bonds shall bear interest
at a rate not exceeding per cent.
five per cent? per annum. payable
senni-annually and be payable from
not more than two to thirty-four
wears 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 lin all three
thousand dollars) shall be payable
each year for 80 (thirty-two) years,
and 2 (two) bonds of 81 100000 Zone
Thousand Dollars each lin all two
thousand dollars) shall be payable in
y (thirty-two) years, and two bonds
of 81 10000 Zone Thousand Dol
lars) each payable in "a (thirty-
fourl wears.
It is further ordered that special
election be held in said Corporation
of Charles Town on the 18th 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 j. Beck
with.
FOURTH WARD.
Miss Kate Dooley. Mrs. A. d. Barr,
J. 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