The herald., 1897-09-23
Long Beach Incorporation
Scheme Hangs Fire
TAKEN UNDER AMUSEMENT
SPECIAL ELECTION TO PASS ON
THE REFUNDING SCHEME
An Ordinance Passed to Still Further
Protect the Game and Fish in the
County-More Business

For a small place, Long Beach makes
quite a noise in the world. When the
little burg was incorporated 1t wanted to
be disincorporated, and now that it is
osin.corporated it wants again to be in
corporated.
This matter Of Incorporation has
been before the board of supervisors for
some time, and yesterday a discussion
of the subject waxed hot. The friends of
Incorporation and the "antis" lined up
in force and spoke their little piece. In
asking to reincorporate as a city Of the
sixth class about $50 acres Of the Ger
ritos rancho has beer excluded from the
lines of incorporat ton, as it is farming
land but, on the other hand, about 200
acres of Alamtos has been included, and
this is what is provoking opposition.
I Alamitos may be termed the aristocratic
suburb Of Long Beach, for it has been
built up by well-to-do people, quite a
number of Pasadena folks having quit
the Los Angeles suburb and built them
selves handsome residences by the sea-
wants to enroll as city residents, but
they fatty refuse. Indeed, not few Of
them boldly assert that they have not
the slightest inclination to help build
up prosperous town." about which the
incorpoIators are so eager; that they
pitched their camp at Alamitos because
they thought it was quiet retreat, and
all they ask is to be left alone. If it
gives people any qualification to call
them fossils" "antediluvians," etc.,
they have not the slightest objection
so long as they are left alone. But that
is just what the Long Beach people
that. is. most of them, for there are
few right in their town who have lined
up with the enemy-won't do.
Among others who spoke in favor of
the project yesterday was Attorney w.
P. L. Stafford. Moved by a spirit of
true, brotherly love, he contended that
they wanted the Alamitos contingent
within the city limits. "for the benefit
they could do them" and also, and here
came in the shape of rider the more i'm
portant proposition, for "the assistance
they will give in running city govern
ment." Counsel argued that the por-
ton of Alamitos sought to be annexed
extended only four blocks from the
ocean front, and was really continual
ton of Long Beach. The protestants.
he urged, would have their chance on
election day, when the matter was ball
loted on by the people.
Some of the protestants stated that If
the election carried, they would move
their houses outside the limits, and that
no reason existed for Alamitos being in
cluded when the residents were opposed
to it.
After some further discussion the mat
ter was taken by the board under ad-
visement.
THE CHAIRMAN'S VACATION
Today Chairman Woodward will leave
for the east on sixty days leave OF abb
sence from the board. Supervisors
Wirsching and Field, in company with
the superintendent of the county farm.
will go into Orange county tomorrow,
with the view Of purchasing COWS for the
county farm.
THE REFUNDING PLAN
The finance committee made special
| report recommending the refunding of
the county's bonded indebtedness at
lower rate of interest than the bonds are
now drawing. The report was approved
by the board and special election for
the purpose of having the people ass
upon the matter will be held within
sixty days.
In the course of the report the COM
mittee says as follows:
| The last Legislature provided for the re-
funding of the outstanding indebtedness
of any county evidenced by bonds or war
rants thereof There are now outstanding
bonds of this county as follows:
Is per cent bonds, payable 1902 ....$ Il. 900
| 6 per cent bonds, payable 1904 .... 81 500
Az per cent bonds, payable 1905 go. 2S6, 900
Az per cent bonds, payable 1907 49,. 136, 900
5 per cent bonds, payable 1910 .... 246, 600
Your committee, after full investigation
is assured that said bonds can be refunded
at rate of interest not more than per
cent for twenty-five year bonds and that
such bonds will command premium suf-
ficient, in the opinion of your committee,
to nearly if not quite defray the expense
of the election made necessary by the law.
! Your committee has after consulting
with the bankers of this city, become con-
vinced that serial bonds running twenty
five years, interest only upon which shall
be paid for the first five years, and there
after 5 per cent of the principal each year
until paid will be a stable bond and one
that can be readily placed at a premium.
"The refunding of said bonds at per cent
would, for the time they are yet to run,
effect a saving to the taxpayers of about
S25. 600. less the cost of election.
! "A bond running as they would but about
an average of seven years. would, however,
probably not bring a premium.
! I'm view of the fact that twenty-five year
4 per cent bonds can doubtless be placed at
a premium, your committee does. therefore
recommend that the honorable board of SUI
pervisors do call an election at which
shall be submitted the question If the is
sue of refunding bonds bearing per cent
interest, and that said bonds shall be sold
after due public notice to the highest and
best bidder
TO PROTECT GAME AND FISH
An ordinance drafted by Judge r. H