Middlebury register. (Middlebury, Vt.) 1886-1937, 1897-03-26
THE ADJOURNED TOWN MEETING.

The adjourned town meeting to con.
slider the refunding Of the town debt aud
the free library proposition was held at
the town hall Saturday forenoon. The
attendance was small and the session
short. 1t was decided to refund the debt
at per cent and not to have free
library.
Town Clerk NJ. A. Brooks called the
meeting to order at 10 o'clock. Mr.
Wilds, the moderator, being absent,
George Hammond was selected to pre-
side.
Frank A. Bond reported for the COM
mittee, consisting of himself b. 5. Beck
with and Z. Z. Pnney. appointed at the
annual town meeting to prepare refund
ing plan Mr.. Bond said the statement
made at the annual meeting 70 the effect
that only 50 900 of the town orders held
in town went into the list of the owners
was based on misinformatiOn as mat
ter of fact nearly the whole of them were
listed and taxed. Mr. Bond Then sub
mitted the two resolutions following,
adding that the committee were not GER
tain which was the better. point the
voters would have to decide for them
selves:
Resoired, That the town ot Middleburv issue
Its 2S promissOry notes under date OF April /,
1897, Tor $1,000 each with interest coupons at
tached, payable 10 bearer at the National
bank OF Middlebury on or before ten years
from date, with interest mt the rate Of 4 per
cent annually, payable semi annually at sad
National Bank upon the first days OF April
Il ld October, tor the purpose of retiring with
the proceeds OF their sale the town orders
now outstanding in the sum OF Sl6,950 issued
tor the construction OF the new town hall and
IN the sum OF Sll POO issued tor the cOnstruc-
tion OF the stone bridge over Otter Creek, OF
the numbers, dates and amounts in the an
neXed schedule.
hot
the interest Tor any year shall be paid at the
rate OK per cent annually, payable semian
nually rs aforesaid, upon all such notes as the
owners thereof shall return tor taNauon IN
the grand list tor this tC wn wi hOut claiming
any offset thereto Tor debts owing and which
sh II be actually included in the grand list OF
such owner tor such year.
Resolced That the town of MiddleDury issue
/ its Is promissory note :, with interest coupons
attached, under date OF April /, 1897, tor 5000
! each, payable to bearer nj the National ban X
/ OF Redemption at Boston in the state OF Mass
! achusets IN ten years from date, with in
terest at the rate OF per cent annually,
( payable semi-annually at SAID national Oank
upon the first days of April and October, and
also its ten prOmissOry notes under date OF
! April /, 1897, Tor $1,000 each, payable To bearer
at National bank OF Middlebury In one, two,
/ three, four, five, six, seven, eight, nine and
! ten years respectively from date, with inter
est at the rate OF per cent annually, pay
able semi-annually at said national bank, tor
| the purpose OF retiring with the proceeds OF
| their sale the town orders now outstanding III
!
OF the new town hall and in the sum OF Sll,-
200 issued Tor the construction OF the stone
bridge over Otter creek, OF the numbers, dates
ana amounts in the annexed schedule.
A. j. Piper moved the adoption of the
first resolution and f. ii. Button made
the same motion regarding the second. j.
III. Stewart said he understood that bonds
issued under the second resolution could
be sold at premium, and he seconded
Rnff
suggested that if the second resolution
were adopted the Starr fund of $4,000 be
reserved from the ten-year bonds. After
a further brief debate the second resolu
ton was passed.
President Brainerd presented the free
library matter in behalf of the committee
himself. John A. Fletcher and T.. III
/ Thorp-appointed at the annual meeting
to look up the subject. Mr.. Brainert
/ said he had had several conferences viii
the managers of the Ladies' library
2 They had about 1000 carefully-se selected
! books which they were willing TO turl
E over for the use of the town if fre
a library were established and funds pre-
4 vided by the town for its proper main
J. tenance. lie doubted if the public gen
II orally were aware of the extent OF tn
= fIee-library movement. In Massachl
n sets there are nut 10 towns Wltnol
! such Institutions; in Rhode island 80 pt
:, cent of the people have access to frt
Z libraries, while In New Hampshire II
D establishment of such libraries is mac
obligatory upon the several towns. We
mont towns have very largely availt
themselves of the provisions of the fire.
e. library law. He stated the facts co
ID cerning free libraries in Rutland al
ID Chittenden counties, showing that all Il
e. larger towns had them and appropriate