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<br />146 <br /> <br />WEDNESDA Y <br /> <br />MAY 8, 1957 <br /> <br />WHEREAS, the Charter of the City or Martinsville directs that, at least <br />twenty (20) ~s before any election at which the question of issuing bonds <br />of the City of Martinsville is to be submitted to the voters of the ci tor, <br />the Treasurer and the Commissioner of Revenue of the City of Martinsville <br />shall prepare and file in the office of the Clerk of Martinsvil1e City <br />Circuit ':Court a list of qualified registered voters owning real estate in <br />said city; and <br /> <br />WHEREAS, because of the unusualq heavy burden of cUITent business trans- <br />actions, the Treasurer and the Commissioner of Revenue were unable to <br />prepare and file the required list of qualified registered voters owniQ1; <br />real estate in said city within the specified time limit; <br /> <br />NOW, THEREFORE, BE IT CRDAlNED by the Council of the 'City of MartinsvillejJ <br />Virginia, in duq-cal1ed and special JlSeting this eighth day of May, 1951 <br />that a special election shall be held on May 31, 1957 on the following <br />question: "Shall the City of Martimville issue its negotiable bonds or <br />the aggregate principal amount of $2,200,000, to finance the cost of <br />constructing new school buildings and of reconstructing and enlarging <br />existing school buildings and of acquirirg and grading the lands necessary <br />far use as sites for such school buildings and of installing in such <br />buildings and grounds necessary apparatus and equipment, such bonds to bear <br />interes t at not exceeding 6% per annum, and to mature wi thin a period of <br />not more than thirty years beginning with the date of said bonds in such <br />annual installments as the Council of said city may determine in accordance <br />wi th law?" <br /> <br />This ordinance shall be construed as being independent of the ordinance <br />adopted April 23, 1957 as hereinbefore referred to, and shall not be <br />construed as amending or repealing in any manner said ordinance adopted <br />April 23, 1957. This ordinance shall be construed merely as changing the <br />date of said bond election from May 21, 1957 to May 31, 1957. <br /> <br />An emergency existing, this ordinance shall take effect this eighth day <br />of May, 1957. <br /> <br />Council was adjourned. <br /> <br />'\ <br /> <br />w. <br /> <br /> <br />