The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1891-06-26
7HB BOND ISSUE.
en- M3eH0amOns@ Hes d
Interests De-
1H1and the
issue.
Shall We Bond the City for $40 900 !?

Next MONDAY, Jnne 18TH the
question whether or not we shall
bond the town will be submitted to
the le.al voters of Lebanon. The
issues as stated in a posted ordin-
ance are, in substance, as follows:
Shall the city issue bonds for the
sum of $4,000. The money de-
rived from the sale of such bonds
to be used; First, for the purpose of
securing. erecting and maintain
ing good and suifieiedt water works
10 supply said city with good and
wholesome water-nunieipal and
otherwise, Second, ta build, manage
and carry on gas and electric light
systems for the supply of light to
ihe city and its inhabitants; Third,
for the construction and maintain
anee of n sewerage system; Fourth,
to erect such city buildings as are
necessary. All qualified electors
in city limits may vote. Election
5 A. NJ. to P. NJ.
A representative of the EXPRESS
called upon some of the business
men for an expression of their
views with the following result:
F. NJ Miller: l am opposed to the
proposition to bond the town,
because it is unnecessary and an
unwise course and will greatly in
crease taxation.
Hiram Baker: I am in favor of
the proposition, and think the
city should own its own water
works and light system.
q. I. Cotton: | will oppose the
proposition as stated because [ do
not understand for what purpose
this money is to be expended.
j. W. Mensie: l favor the issue
of the bonds on account of the pro-
lection afforded the town from fire,
with good water works. The city
would derive a revenue from the
investment.
DR.. L. Foley: We are now carry
ing $4,000 in bonds and l think it
lad policy to issue more The
ditch will come without the city
going into this. l doubt if the city
can legally do 50. / probably have
more than double the amount of
stock held by any one else.
c. G. Hackleman: While | have
not given the matter much thought
YOU may put me down as being in
favor of anything that will pro-
mote the growth of Lebanon. Good
water power and water works no
doubt is good advantage to a
place, hence | shall work and vote
10 bend the city next Monday
s. NJ. W. Hindman: l am OPP
posed to the proposition. Sufficient
capital can be had without aid
from the city to construct the
ditch, and it will be put in without
such aid I think the city has all
It is able to carry now.
z. E. Montague: l am in favor
of bonding the city. l think the
city should own its own water
works and light system.
NJ. A. Miller: I favor bonding
the town. It is to the city's best
interest TO own its own water and
lights. This will enable the city
10 forestall exorbitant charges for
same hereafter on the citizens, and
besides they add TO the enterprise
of building a ditch and water works
for tho nretecTion If the city
NayorJ 4 Reard !. I.ehanon onobt
t,,own her oyv,, wate,. and Iigl,ts3nd
! an, basrtiiv oar i, favor @ af t5e issue
af The hands ,,ranosed twill ad-
yance tbe hclt ;,ptarast Of the citv.
Connciln,ap q " WestfaU: T
am in favor of the enterprise
beeanse 7 think a nerpetuaI water
rioht for the city one Of the greatest
things the CITY could accomplish at
tbis time. besides it will bring a
revenue instead of increasing our
taxes
Conncil,nap t. W. Cruson: Let
Lebanon own her own water and
liobts. IF there is money in them
FOR others there is for the city.
of the bliIding Of the ditch but |
10 not think lebanon ought to
vote s100OO in bonds. It is too
heavy tax upon so small town.
Recorder ". e. Peterson: The
bonds ought to issue. If it Will
water works and light plants it
will nav ahanon rather than nav