The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1898-11-02
Tuesday, the 8thday Of NOT,n next

being at the same place ard on the same day
that the general election viii be heidi for the
burpOss Of obtaining the assent OF the quail
fed electors OF the said borough TO an Increase
Of the Indebtedness Of the said borough
IN the amount OF twenty-fOur thousand
dollars, for the purpose Of erecting
municipal building for the use OF the said
borough, and also for the further purpose of
constructing a system Of sewerage for the
said borough
For the Information OF the SAID electors and
in accordance with the provisions nf the Act
Of Assembly, approved 18th OF April. lS7f.
p l. 6, and its several Suppiefnentsl the fol-
lowing statement i submitted -
Amount OF the last aSsesS5-u and
adjusted valuation of the taxable
property said borough taxable
for county purposes is-.----------- 500. 04O
Fne net amount OF the existing in
debtedness OF the said borough COM
p,,.ed according 70 the provisions OF
tne 5fh section OF the above stated
act viz: BY deducting from the
gross amount thereof the monies in
the treasury, outstanding solvent
debts due, and the revenues appiica-
BILE within one year 70 the ayment
OF the same 3 Aib91-cO
The borough also has additional surplus a.
sets in It's general CROUCH account 10 the
amount OF SligS-7f. but this Is not considered
as being applicable TO the payment o. the
water bonds now ontstanding, s anu anu In rs
water revenue account II has turther bal
ance OF SIO92S1. most Of which might be made
applicable the payment OF said bonds, cut
as no part thereof has as yet been transferred
----N
the above cOmputat.sh-
The amount OF the proposed Increase OF in
debtedneSs aS fixed by ordinance OF the said
borough, passed on the 18th day Of August,
| A. D. lSeS, ana approved by the burgess on
the Sist day Of August, \. D., loS Is S24.tNo %
of which alnOunt it Is provided that the sum
OF sf0u0O0 shall be applied TO the erection Ofa
municipal building, and the sum Of sD,e0 %
| shall be applied to the construction OF "A sys-
rms proposed increase OF Indebtedness Of
s2fOOOj Is equal to 81 per cent Of the present
/ county valuation of ihe borough and with the
net amount OF existing Indebtedness as herein
stated Is Sol per cent.
The said election is To be held under the
same regulations provided BY law for holding
municipal elections
in favor Of said increase Of Indebtedness for the
| purpose of erecting a municipal building
shall vote with tickets, either written or print
/ ed labeled on the outside, Increase the
/ debt, and labeled on the inside, " Debt May
/ Be Increased" )" and also the words, ''FOr Pur-
/ pose OF Erecting Municipal Building,
Those electors opposed to such increase
/ shall vote ballots labeled on the outside
! Increase the Debt" and labeled on the in
| side aNo Increase Of Debt for Purpose OF
/ Erecting a Municipal Building, 81 O0O CO."
| 2d Those qualified electors desiring 20 vote
| In favor OF said increase OF Indebtedness for
| the purpose OF constructing a system OF sew
! erage will vote tickets labeled on the outside,
| Increase the Debt and laoeled on the IN
side, debt May be Increased, and also the
I words. "Fur tht ptioc ~ NolA-tAuNtAhe .
| system OF Sewerage, S2O.000O0n
Those electors opposed to such increase VIII
| vote tickets labeled on the outside. "lncreztse
| the DEBIT and labeled on the inside, -No IN
crease OF Debt and also the words, ~FOr the
Purpose Of Constructing a System OF Sewer
age, Sd O000o.
BY order OF the Town Council,
ATTEST JOSIAH II. PISEL.
X T. MEYERS, Burgess.
Secretary Town Council
Somerset, Pa, Sept. p, IS9s.