Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1895-10-17
O@c:al Paper CT the City Of Aberdeen
ACT OR RESIGN.

The county commissioners have de-
cided TO neither issue funding bonds, as
by law provided, 0. to call sn election TO
validate the debt, hasing their refusal
upon recent decision Of the supreme
cour: which decided that the state could
not issue funding bonds, because during
the interval between the issuing OF the
bonds and the redemption OF the wsr-
rants, the debt would Be increased be-
yoni the legal limit. The law au;horiz-
Ing the issuance OF funding bonds by the
state was separate law iron tha. o: the
one under which counties nigh, fund !:
and the constitutional Indebtedness Of
the state is q fixed amount. BIZ, il this
decision is to govern il the case Of coun-
ties, whose limits Of Indebtedness are
fixed in s different manner, then the
commissioners may not Re able 10 fund.
Tha. i: would SO govern could only be
determined By an appeal to that court.
The d;ssen. Of Judge Hoyt, in the opinion
referred 10, goes 10 show tina: very re.
spectacle minority Of the supreme court
thinks the decision poo, law. and mighty
poor sense. He evidently takes the sensi-
bic view tina. the increase. during the
interval, il an increase 8. all, was no:
one within the meaning Of the cons,i,u.
ton. in tia: as the cash realized from the
sale @: the bonds could only be used 10,
the redemption Of the warrants, the la
crease was more apparent than real, ior
the reason that the warrants ceased 70
draw interest, the money was there 10
pay them upon presentation, and the
let debt, tbs. is, the entire deb, less cash
on hand. had 10. been increased.
The commissioners have no RICH: to
leave Chehalis coun.y's financial affairs
in ,hei, presen. condition without ex.
hausting every means in their power to
batter il. /. would be an easy matte. 70
s..emp. TO fund the debt, and sc; the
question before the supreme cour; on a
ties. case and secure q decision. Or they
could .. leas: submit. the question to the
people O; extending the limit to an
amount equal 10 the p,esen. debt, 50 as
70 get on basis where the county could
do business in business way, and thus
maintain the creai; Q: the county One
creditor who has a thousand dollars in
the claims decided by Judge Irwin to Be
illegal, said 20 the writer last week, For
Gods sake, what is Chehsiis county go
ing 10 do? We furnished these supplies
8. the IeQues. Of the officials, and upon
their assurance that W. would &c. our
pay, and We are suffering for lack Q: this
money" We tried 10 assure the party
tina. Chehalis county was sill right. Do.
that she had dumb 10. a commissioners
just now, and tina. We though. in time
these claims would be paid, bu. ;ha,
don. help the creditors TO pay their bills
TIE N;de.;e, in speaking Of the matter.
says:
The only way on: Of the difficulty
would Be for the people TO extend the
limi. Of Indebtedness, so .hs. in funding
the presen. debt the limit would not be
exceeded even during the interval OF the
sale OF bonds and the REDEEM p,ion Of the
outstanding warrants
Il this is the only Way o., the sooner
the agitation Of the question Is stopped
the better. io- tha. means the people
would have 10 vote 20 extend The liuai,
ssveniy-fye thousand dollars beyond the
presen: Indebtedness, and then when the
presen: outstanding Indebtedness is paid
with the proceeds IF the bonds the com.
missioners can 80 on spending the
revenues and issuing more warrants,
until seven.y.ive thousand dollars more
81 warrants are outstanding. This the
people Of Chehalis county will never con-
sen: 10, and Tor one the HERALD will be
found in the iron. ranks opposing any
such scheme. The commissioners have
two ways III which 10 sc. One is TO 20
on with the funding proposition and have
il tested by the supreme court; the other,
ask the people TO extend the limit to the
amour. OF the presen: debt, then issue
warrants for current expenses as ias. IS
the revenues will permit. They should
either g.: o. resign.