The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1898-12-29
FINANCES
ADJUSTED!
Important Meeting Of the Borough
Council Last Night.
AMPLE RESOURCES IN SIGHT
The Handicap Under Which the Council
Has LabOred For Several Months Re
moved by Timely Payments
From Borough ofncials.

meeting last night to adjust it's financial
affairs and make arrangements to meet bill
which had been on the secretary's table for
several weeks, and the object for which the
meeting was held was attained. The members
of Council in attendance were Messrs Nc
Guire, Lally, Murphy, Bell, Brennan Har-
kins, Hand, Coakley and Magargle
1t was gratifying to the Councilmen to
find that the financial resources had assume d
a shape that will enable them to carry out
the plan as foreshadowed at the last meet
ing. In written report submitted by the
finance committee at that time it was shown
that to meet current obligations, and esti.
mrted bills due January 1, Council would
require SIG, 1872 05. This also included the
redemption of So 900 worth OF bonds and
S4,OO2 80 for interest on bonds. As means
for meeting this the committee estimated on
receiving O,OOO from Tax Collector Burke
and 81 900 from Water Superintendent Bell.
which would leave deficiency of a, 1872 90.
At the same meeting a temporary loan was
recommended till December Both, with the
additional recommendation that on that date
that loan and one held by one of the banks
be renewed for ninety days, at the expiration
of which period the borough expects to have
sufficient revenue to pay off the loan and tC
meet current expenses
In making his report last night Mr. Hand
chairman of the finance committee, said
The Tax Receiver will do more than we ex
pected, He will pay us at least 81 600, and
the Water Superintendent expects to give u.
$1,000" Mr.. Hand also made a statement
urging Council to complete its inspection of
Collector Burke's exOneratOn lists, so that a
balance may be struck on his accounts
The report on the Water Superintendent 5
payment was subsequently modified reducing
the amount to 81, 800. of this amount $500
is in orders, but as the orders the superinten-
dent redeemed were embraced in the finance
committees estimate of liabilities the re
turns are as good as cash.
Council was highly gratified with the de-
developments and, on motion of Mr.. Lally
1t was decided that the proper officers be en-
powered to renew the temporary loan of
$4,000 falling due on Dec. Both, for a period
OF ninety days; and that they negotiate an
additional loan of s. 500 for the same period
This action was taken in pursuance of the
recommendations by the finance committee
at the last meeting and the motion was car
| rled by unanimous vote, The COuncilmen
drew breath of relief and seemed to have
a distinct view of the silver lining to the
dark financial cloud which threatened them
| for so many months on account of the def
cheney on the 1895 and 1896 tax duplicates.
Bills were next taken up, and all that
were properly endorsed by the respective
committees were ordered paid. They
amour ted to nearly 81, 800.
| When the bills for street lights for October
and November were read objections were
raised that several of the lights were out re.
peatedly at nights but Mr.. Coakley and Chiei
of Police Murphy stated that complaints in
that connection had been attended to, and
there was an improvement.
Another bill read was one from /. Robin,
amounting to $50 1t was for 200 fence posts
Mr. Coakley made a vigorous kick, becaus,
he could not understand what the borough
could do with such stock of posts Mr. Bel
said many had already been used on Dunn
hill and others were being called into us
almost every day. He added that Mr.. Rol
bins was selling out his stock and offered th
posts at 20 cents, each. AS the borough wa
paying 40 cents for the same kind of posts
the street committee decided to buy the 10
and save $50.
Mr. COakley was not satisfied with the ex
PLANTATION, however, and insisted upon hi
objection.
Mr.. Bell moved the bill be paid and thu
hiotluu was NdlllCht htSalo. hCuulT6 ant
Coakley requesting that they be recorded a
voting IN the negative.
Mr.. Bell stated that he understood that tn,
land of the borough AT the pumping station
had been assessed at several thousand dollar
by the Assessor of East Union township
Mr.. Bell did not know the amount. but kuey
it was exorbitant. Upon his motion tn
Borough Solicitor was instructed to protes
against the assessment.
Just before Council adjourned Presiden
Mcclure stated that there is much complain
by the business men of town over discrimn
alton shown by the Schuylkill Traction Com
pany against this borough and in favor o
Ashland, He suggested that the Councilmei
prepare themselves and be ready at the mex
regular met ting to take action on the matter
Coco Argoline the genuine article, for sal,
at Kirlin drug store. lO-B.tf