The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-04-23
TO WIPE OUT DEBT
Plan Adopted at the
Leicester Special
Town Meeting
SHARP QUESTIONS.
Present Board of Selectmen
Called to Explain Do
ipgs Of Others.

Leicester, April 22.-The special
town meeting this evening developed
rather more excitement than was ex-
pected, but on the whole passed off
rather quietly About 95 persons at
tended. Henry C. Evans was chosen
moderator The motion to raise 5000
for the purchase of a safe in which to
keep the assessors records developed
considerable discussion. Hon. c. A.
Denny opposed it and said that no
suitable safe could be bought for 5000,
or hardly for $500. He thought the I'M
used vault in the basement of the pub
lie library building would be suitable
place and he said one of the library
trustees had told him it could be Sc
cured.
Town Clerk A E. Booth told of the
crowded condition of the vault at the
town hall and the town clerks safe,
and said that many valuable records
had to be left outside where they
would be irreparably damaged by fire
or water.
On motion of Mr.. Denny committee
| of three consisting of Messrs. w. A.
Bell, James L. Gallagher and c. A.
| Denny was appointed to consider the
ACCESSIBILITY of buying a safe or provid-
ing some suitable place for the records
of the assessors and to report at the
next annual meeting.
The next article, in regard to fund
ing the outstanding debt of the town,
drew forth considerable argument.
| Chairman E. j. McDermott of the Sc
| lectmen read a statement showing
that the outstanding Indebtedness OF
the town in March l, 1893, was $16,1OO,
| including two notes held by the Lei
| cester Savings bank one for $4,000,
dated May l, 1899, and another for
$4,000, dated October l, 1899 Henry O.
Smith asked why there should have
| been a deficiency of $4,000 between
expenditures and receipts for the past
year. He said he did not believe in
running into debt in order that the
taxes for any one year should be light
er as the money had to be paid some
time, and the interest was, considera-
BILE.
Il ask the present board of select
men," said Mr.. Smith, ito explain to
us the reasons for this difference, "
Mr.. McDermott said he did not know
as his board was called upon to eX-
plain as they did not incur any of the
debts W. A. Bell of last years board
then enumerated many items winch
|
memory.
The matter was finally placed in the
hands of a committee consisting Of
Hon. C. A. Denny, Henry L. Watson,
E. ]. McDermott, w. A. Bell and w.
F. Whittemore.
The committee recommended that
| the outstanding Indebtedness of the
town of Leicester on March l, 1899, be
| provided for by issuing eight notes
dated May l. 1899, and payable as fol-
lows: $1,000 Nov. 1, 1900; $1,000 Nov. l,
1901; $1,000 Nov. 1, 1902; $1,000 Nov. |,
1903: $1,000 Nov + 1904; $1,000 Nov /,
| 1905; $310S Nov /, 1906; 1882 May l,
| 1909 with interest not over BE per
cent and payable semi-annually.
This allows for the payment OF $ltOO
of the floating debt this year, ana the
| funding of $4,000 indebtedness. The
report of the committee was adopted.
The last article in regard to repair
| ing the almshouse was adopted with an
appropriation of $3.50 fer that purpose
| George Whitford, chairman of the over
seers of the poor, and H. r. Sargent
of last years board, spoke in favor
| while Clarence w. Grosvesior and II. o.
Smith opposed. The vote was IL ayes
and nays.