The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-13

| fort, fled.
REroRT OF SPECIAL COMMITTEE For
| NONPRODTCTIVE PROPERTY.
| st. Louis, Mo. June 10. lyVh-
| To the MullaBphy Board:
Gentlemen-YoUr Special Committee 70:
the sale of vacant and nonpro.iuctiVe real
I estate herewith submits for your appro'ai
| the following report and recommendations:
| That the Secretary te relu6 Stcd 10 pre-
pare tripliCate iteinZed statements 81 me
! receipts. expenditures and taxes of 3N the
property now listed and on which the Board
| desires 10 petition the court TO giant an
| order Of sale. and subrliI same at the
NJ xt regular Meeting of the Board
| Respectfully Submitted. -
~ S. TIRNIENSTEIN,
WA. \. BLOCK,
q. a. PATLN.
J. HUGO GRIMM.
AUG. FOI.TiiAjS.
Special Committee.
on motion Of Mr Grimm, seconded by
Vice President Holthlus. the Ser ilry was
instruct-d % comply with the request ~ the
Special Committee.
The Secretary hcrcupon r'-erteI me
report requested by the above Specl,.!
Commute, presenting the foilD"iIS sum
Revenue from July /. lisa. to July. c,.e
Ehrendjiur;s including back taxes
prior TO 1883. paid during past
year ....---.---.-. ..-.--------'----. :,
General Taxes. iSs9. l'osi - -
Sprinkiing taxes. 1888. - ~
Mr.. q. \. Pauly. Chairman Of the Build
ing Committee. reported verbally that ,ne
work on spring repairs was about nn!sheu
with the cxception Of some work contractei
for by Mr. Wesyhus. While much of the
work by Mr.. Wcsthu~ WAS done Gnsatll-
actorily AID caused mUcn compiaint am II !;
the tenants. a great deal Of tine work HAD
not been done at all. regardless OF the sc
peated requests by III. Archit Ct
Mr.. Grimm then offered the following mo-
ton. which was seconded 10y MIR. CarEic'i-
5C.-
Moved. That the Secretary be and he is
hereby instructed 20 notify Mr. T. W eSthus
forthwith that certain work done by nm
for this Board was not done SGtlsiacioIiiS
nor In proper manner. speciiyihs IA -"
notice the work when the Architect rerofi ;
as not acceptable and calling NIvh Sii!I
Westhus TO proceed at once To perform S'iiu
work n a proper ara SatiS'at'n.s iii'!i. ~ =
in accordance with Is contract. ana IN
specifications for said work under which the
contract was iet. "a.
''Also that The chairman Of The Building
Committee be AMI be j. hereby authorized
To have tine work contracted for by s1ld
Il. Wesihus and not properly ptfiofHivu ny
him. done by other persons IN thr maHHt'
provided 10y and according 30 the spetliicst-
tons for said work unp-r whfch SAID con-
tract 20 Mr. Wrsthus was let sh1Gid the
said WcsthuS fail within a rsdSonabie tiiile
after the disE,atCh ui this notice TO MN Dy
the Secretary provided for III the fore part
of this motion refuse ~ iIiI 10 c"HiliS
with the demand thereof
President kleykamp hereip1n presented
the. following annual report Of me OPERA
ton and condition of the Board. which
WAS read by the Secretary:
ANIMAL REPORT.
BY THE PRESIDENT. DIR. AUGUST
KI.EYKAMP.
Since the death Of President Schultz, there
has been no statement Of the condition oI
the business of the Board h. its chief
executive officer at the close OF the an
nual term. and IL is for the purpose OF re-
viving that custom that / now beg your
f-41 pl ~.
brief general review Of your business Tor
the year closing to-day:
ON the whole referring to our financial
condition. l am happy To state that having
met and discharged al our obligstions, IN
Guiding those put upon Us by the supreme
Court i'm its decision aGJddsing our liapllltN
for taxes We find ourselves in favorable
circumstances, and with an ehSgufaSlhs
outlook for the year to come The most
embarrassing matter in our whole admins
tration has been the taxes AT the exp!ra,
ton IT the term OF my predscessor We hau
foI the year paid total Oh S-5bia;9o DICK
taxes, which was represented 10 TINS Boatt
as the limit OF our liability on the books
of the City Collector. But during the PAST
year this amour; has been largely increased
bv tbs. discovery from time tc time at the
CITY Hall of other delinquent bills. until. III
Guiding the regular ASS, ssilent OF tfle year
1859, We have been obliged to foot bills to
the extent of s9.ao6.1s. To this may now De
added a payment in fun OF our taxes. de-
linquent and regular IN 81 Louis county,
made an the I'd ut. of sJI9ii winch raises
YEAR chasing to-day, to $lu3s6 ~. We have
made every effort to accomplish "a clean,
straight record of orr tax expenditures: as
exhibited In the special Textbook prepared on
tn. order Of this Board. Now that all de
Iinuuencies have been settled and our laoiil-
ties under the Supreme court dec!sloh iuiIy
ascertained and satisfied. We are able 10
foresee and provide for whatever may
hereafter he regularly assessed ana coi-
lected egairSt the property Of rms fuhd.
Frum a careful. estimate. think our tax
hills may not much exceed s5oS per an
mum. and that We shall not have repeated
during the coming year me prodIGiloh OF
hclated bills nor the confusion wiich mas
resulted from inaccuracies and careless
pigeonhoiiug I'm the Collectors office.
Taxes disposed of. | call your attention
to the Figures p,ess'eu az inT lI Ss, w my
in bank ON current account th~ sum OF s,-
uo0e5.
We also hold a certificate Of time deposit
for sIG35pD due and coiiectibie on tine p!
dav OF the present month. the last of that
form Of asset which We found so desirable
and profitable before the day when the Su,
preuie Court by its tax decision despoiied
our accommodating surplus of over S50uU1.uo.
We have now deposited in the Safe De-
posit and savings Bank; in the custody of
the Secretary, eighteen United States Gov
ST. 1cS.ca. We have also s2eo.oe in city
Bonds on deposit IN he Missouri safe De-
Quarterly payments on leased property, we
shall be In good condition TO meet cur
heavy SprinS anu current pair Util>, Only
partially paid To date. and falling due this
month.
In respect 10 monthly rental, the vacan-
Giles have been mostly confined to the iene-
maDts on D'FaIlOn stree Z. hut by making
slight concessions on our hest property. We
have been able to diminish our vacant list
at least nne-fourjb. and have thereby I'M
proved our rent returns. 1t is a matter of
special pleasure to say to the Board that
all the houses Of the Dickson street row
hut one axe now occupied al good rental.
The Board Is familiar with the proceed
inps during the year looking to improve
mcnts TO be made upon some of our vacant
lots Ii has been highly gratifying to ME
tina, this kind of work has Al last made n
beginning, and that the Circuit Court has
GIVEN It's sanction to that character of i'm
on the property of the Fund.
The order of the court may have a far
reaching effect on the future operations of
this Board.
Equally gratifying has beer the result of
the appointment of a special committee on
the sale of vacant and nonpr9ductive prop
erty OF this Fund. While this property mas
becn living idle and without expense, under
the impression II was not liable for taxes
N did rot seem TO matter much If We held
II I'm that position, and trusted to the
growth of the city to enhance it's value
hut The decision of the Supreme Court in
the tax case changed the whole aspect of
things and now IL IN plainly to be seen
thai this Board cannot afford to hold these
tracts and lots at the cost of
their annual taxation. which las; year
amounted to sl.05lA The special commit