Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1901-02-07
NEW CASTLE APPROVE BOND PROJECT.

Staff Correspondence OF Gazette and lotlrr1ai.
New Castle, Feb. 9. AT the opening
of the oitigens' meeting, last night,
Chairman Lambson stated that IL any
persons present had objections TO make
relative to the action taken thus far
he would be glad to hear fro them.
A report was made by Artemas Smith
Of the law committee, stating that the
bill framed was based ON tn, act gov
erning the town of Milford. After some
discussion it was decided to read each
section separately, and then read the
bill in its entirety.
The bill was read and the first snag
run against was the third section. re-
quiring City Council to levy tax for
the purpose of establishing a sinking
fund of 81, 600 in any one year.
William Deakyne claimed that this
part Of the bill should be apnulled and
that the Trustees of the New Castle
Commons should pay the $1,000 asked
fer.
This matter brought out heated
discussion, in which Chairman Lamb
son and Mr.. DealSyne favored the pro.
posed change.
Artemas Smith objected to striking
out the provision shifting the duty
upon the Trustees of the Commons.
President Lambson said that il the
Trustees OF the Commons had been able
to pay SO, 900 for 30 years to private in
dividuals, he did not understand why
they could not pay $1,000 to assist in
lettering the condition of affairs.
Mr.. Deasyne said that if the bonds
are placed on the market, those con-
templating their purchase would ques-
tion their status and redemption of the
bonds.
James B. Toma of the Trustees of
the Nav Castle Commons. said: 1.-THE
people of this city cannot give the
commons farms as security for the bills
of the city. The citizens must look
after the Ellis contracted by them
selves. At the present time the farms
are not much more than self-sustain-
ing"
William e. Rothwell said: Cannot
the citizens, by voting for it. have the
Trustees of the Commons pay TO the
use of the nity 1900, Just as well as
So, 900 was formerly paid?"
Mr.. Toman said that at the time the
trustees began the payment of the
So, 900 per year TO the water company,
the farmer was paying q rental of 81 to
IS per acre. while the land is not pay
| ing S. per acre now. 81 think the trus-
| tees should be kept out of the matter
entirely. | am satisfied that il the
| trustees can find $50, or $500, or even
$500 to spare for the use of the citi-
zens, they would gladly give it. 1 would
do my share towards the movement.
am heartily in favor Of water works and
an electric light plant
Mr.. Deakyne wanted to know il the
| trustees could not borrow money with
which to assist the citizens, as had
BEEN done before
John q. Mahoney held that this
would not be fair thing TO be asked
to do. He added that when the trus-
tees borrowed money from the hanks to
pay bills contracted, they gave their in
dividual notes.
John Thompson did not know why
| the farms were beroming poorer.
MIR. Toman stated that the prices for
products were not as good as they were
several years ago.
! The portion Of the act imposing a
special tax was striek ken out and an
amendment inserted by which the
Trustees OF the Commons will be asked
to supply $1,000 to meet interest on
the bonds,
1t was decided that the commissioners
should be elected for periods of one,
two and three years, and that they shall
draw lots for the various terms.
1t was decided that taxpayers en-
Titled to vote at the city election shall
be eligible as commissioners.
The meeting adjourned subject to the
call of the chairman.