The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1898-10-19
Tuesday, the 8thday Of NoI next

being at the same place and ON the same day
that the general election will be heidi for the
purpose of obtaining the assent of the quail
fed electors OF the said borough 70 an increase
OF the Indebtedness OF the said borough
in the amount OF twenty-four thousand
dollars, for the purpose Of erecting a
municipai oulluiug ior the use OF the said
borough. and also for the further purpose Oi
constructing a system OF sewerage Tor the
said borough.
For the Information of the said electors and
In accordance with the provisions Of the Act
OF Assembly, approved 3lth OF April 1874,
r. l.. %, and its several supplements) the fol-
lowing statement i submitted -
Amount OF the last assessed and
adjusted valuation of the taxable
property in said borough taxable
for county purposes is..--......-...... Tj 500 70
Toe net amount OF the existing in
debtedness OF the said borough conf
puted according TO the provisions Of
the 5th 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-
bic within one year TO the payment
The borough also has additional surplus as
sets in its general Ecrough account to the
amount OF Sl9S "a. but this Is not considered
as being applicable to the payment OF the
water bonds now outstanding, and ia its
water revenue account it has a further bal
ance Of slo92-Sl, most Of which might be made
applicable { the payment Of said bonds, but
as no part thereof has as yet been transferred
to the sinking fund. u has not entered into
the above cOmputat.0h-
The amount OF the proposed Increase OF in
debtedness as fixed BY ordinance Of the said
borough. passed on the i7th day Of August.
A D.. ISIS, and approved by the burgess on
the sIst day OF August. A. D.. lSes, is $4,000 %
OF which amount II Is provided that tire sum
Of S4OO0.00 shall be applied 10 the erection ofa
municipal building, and the sum Of S1a0OO %
shall be applied 70 the construction OF sys-
tenn OF sewerage.
This proposed increase OF Indebtedness of
ss40o0OO IS equal TO S,s per cent; OF the present
county valuation OF The borough aud with the
net amount of existing Indebtedness as herein
stated Is 66l per cent.
The said election Is 70 BE- held under the
same regulations provided by law for holding
municipal elections.
Ist Those qualified deiecfOrsdesirfng 20 vote
in favor Of said increase OF Indebtedness for the
purpose Of erecting municipal building
shall vote with tickets, either written or print
ed. labeled on the outside, Increase the
debt aud labeled on the inside, " Debt Nay
BE Increased" !" and also the words, "For Pur-
pose OF Erecting a Municipal Building,
Those electors opposed to such increase
shall vote ballots labeled on the outside
Increase the Debt" and labeled ON the in
side, "No Increase Of Debt for Purpose OF
Erecting Municipal Building, s. 0o0 CO."
2d. Those qualified electors desiring TO vote
in favor Of said increase Of indebtedness for
the purpose OF constructing a system OF sew
eraee, will vote tickets labeled on the outside,
Increase the Debt and labeled on the IN
side, saDebt May be Increased" :" and also the
words, "For the Purpose of Constructing
system of Sewerage, S9,Oo0O0n
Those electors opposed % such increase will
vote tickets labeled on the outside, Increase
the Debt and labeled on the inside, ''NO In
crease or Debt and also The words, ''FOr the
Purpose OF Constructing a System Of Sewer
axe. so 1000.
BY order OF the Town Council.
Attest JOSIAH II. PISEI-
Il T. MYERS. Burgess.
Secretary Town Council.
Somerset, Pa, Sept. p, ISIS.