Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1894-02-22
Board Of Education.

A special meeting of the board of edu-
cation was held Wednesday to consider
the refunding of S25,OOO worth of bonds.
Those present were President Roper,
Mrs. Hotchkiss, and Messrs. Steel, Lutz
and Camp.
Inc finance committee, to whom was
referred the question of payment of the
bonds, which fall due April LIST, recon-
mended that for the purpose of refund
Ing the debt, new bonds be issued to the
amount OF $4,000, IN denominations of
not less than $500 each, with interest not
to exceed six per cent, payable Jan. lst
and July lst of each year; also, that the
bonds shall not be sold at less than par
and to be made payable on or before
| twenty years from date of issue. The
| proceeds from the sale of the bonds, or
so much thereof as may be necessary, to
be used 10 the payment of the bonds due
April lst. The committee also recon-
mended that the president and the clerk
OF the board be authorized to offer the
bonds for sale to the board of university
| and school lands of the state, and in case
the offer is not accepted, to be authorized
to advertise for bids for their sale. These
bonds which soon fall due were issued
April ]st. 1854. for the purpose of build
Ing the high school, and for the further
purpose Of liquidating the indebtedness
Of the board of education.
| BY resolution the report was adopted
and. upon the offer Of the purchase of
the bonds by the board of university and
school lands being accepted, the presi-
dent and secretary, or other officers of
the board, authorized to execute and
deliver the bonds
| MIR. Steel stated to the board that he
had been requested by member of the
board to 1nd ont from the county offici-
ais how large an amount Of funds had
been collected by the district court dur
| ing the past few years from fines. and
other sources tributary to the school
funds, and how much, If any, had been
the city. \ list be had secured from the
clerk of court showed that the total fines
collected from 1889, to date, IN the dis
trict court for various otfenses, amount
to 500. This list did not include the
amount of bail bonds which had been
forfeited, which amount to $500
| The fines collected. with but one except
! ION, were for otfenses committed within
the city and among these are the prohi-
bition cases. Section II of the prohibi-
| ton law states that all fines and all
money collected in the prosecution of
liquor cases shall be turned into the
treasury of the county. The county
treasurer Will temporarily credit the
money to a special fund. The treasurer
received and paid out 10 each action and
it, after paying all the costs of such
| action there shall be any remaining, he
shall credit the same to the common
school fund.
The charter of the board of education.
section %, explicitly states that all fines
| and penalties or forfeitures for the vio-
lation of any city ordinances of said city
and all fines and penalties or forfeitures
for any criminal otfenses committed
within the city, shall, when collected, be
paid, by the officers receiving the same,
into the treasury to the credit of said
board OF education, which shall be paid
| over to the treasurer of the board of
| education on the second Monday of each
month of each year.
| If the prohibition law is the one to fol-
low then the city schools have received
but fraction OF the amount which they
would have received if the section of the
charter is the law governing in the case
President Roper was instructed to look
the matter up.