The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-03-24
An ELECTION CALLED.
People Will Be Asked to Fund
Floating School Debt.
TO GET DOWN ToAcasH BASIS.
The School Board Submits the Question
Of Ratifying Warrants Amounts
ing 20 $4,000.

~ rreelzl meeting of the hoard ~
eaucaticn geld yesterday morning al
o-cIock Y was decided TO hold a special
election On April = for the purpose Of
pacing before the peorie the proposition
u rafffy and validate the debt o. The dis
trirt irscurress for strictly school purposes.
80 FAR a. the debt does nct exceed ; per
rent % the taxable property in the als-
rrler The floating debt q the district
now amounts 20 s570.0ssl all II which is In
outstanding warrants. bssifes the bonded
debt, watch amounts 20 s25sss-
The meeting yesterday was called on
petition Of Or. r. A. Churchill George H
King and J. r. MacDougau. being a ma
Jorfty % the members OF the board. AMI
". J. Colkett presided as chairman The
meeting oFsenesi by Or Churchill! intro
duciug a resolution calling an election FOR
the purpose. which vas carried unani-
r1ously.
Arrangements were made for the gen
eral form Of the ballots, and polling
places were selected as follows:
Rialto building. corner Of Second and
Madison streets.
NcConb's building, Pike street, between
Seventh and Eighth
Denny school. northeast corner Of Fifth
and Battery streets
Mercer school building. on High street.
Cascade school building. on LincoiO
street
Il. r. Day school, at Fremont
Iatona school at I@atona-
Columbia school building.
r T. Minor school building.
Rainier school building.
Pacific school building.
South school building.
The polls will be opened al o'clock in
the afternoon and closed at \ in the even
Ing. The clerk Of the board was instructed
TO give due public notice OF the election.
At the conclusion OF the arrangements
for the holding OF the special election the
board instructed r u. ogden, clerk Of
the board. 10 notify the county treasurer
OF the action Of the board. and 10 call bis
attention 20 the provisions OF an act Of
the legislature. approved March l last.
providing for the validating OF the debt
OF the school districts and providing
means and methods for funding the same.
The effect of this action Of the board
will be TO make all the funss In the hands
OF the county treasurer TO the credit Of
this district available for the payment OF
warrants that may be issued In the fu-
ture. There is about $1,000 OF 1884 taxes
already collected. which viii be immedi-
ately available for the current expenses
OF the present year. II at the election 10
be held April q for validating the out
standing debt the voters refuse 10 ratify
the debt IL then becomes the duty OF the
board Of education at the next regular
annual tax levy 10 make a special levy OF
not 10 exceed mills for the purpose OF
retiring the present floating debt. The
board calls the election with the Idea that
IL will pat the district on strictly cash
basis. facilitate business and be better for
the tax payers and every one concerned
or holding interests In the city. II means
that the teachers and employees OF the dis
tricrwill no more be compelled 10 discount
their salary warrants and be forced 10
hold them. when they are paid hereafter.
II the funding proposition carries. they
can present their warrants 10 the county
treasurer and receive cash