Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1901-08-10
The Municipal Bonds Have to be
Sold Over Again.
Mr.. KEAN REFUSED THEM.
Ne Misunderstood the Rate Of lnterest-Re-
port Of Finance Committee Read and
Levy Fixed Same as Last Year.

considerable business OF importance
before the Councilmen for transaction
80 much that Il all could not b.
transacted in one night.
Councilmen Martin, Cline, Weston
aaver, Staubly, Brown, Eversoie and
Heck were present. In the absence Of
the Mayor and Mayor protein Coun-
Gilman D. G. Westenhaver was called
TO the char.
After the reading and approval OF
she minutes of the last regular and
subsequent special meetings Mavor
Henshaw appeared and took the chair.
The report of the Finance Commit.
80. showing the estimate of the prob
able receipts and Of the running ex-
penses II the corporation for the cur
rent year, was read The report, IN
substance, follows:
As the balance due the Corporation
from the Sergeant on May II, 1901,
WIS Sl6, sos 70, most of which we be-
Aievo 70 be collectable and as the
Council has already taken vigorous
action to realize thereon, we do not
consider any increase in the levy is
necessary to provide for the floating
debt. On the contrary we feel that
this asset can and ought to be made
NJ take care of the floating debt; and
that the general levy for the property
fax may be safely made the same as
IL was last year, viz: 66 cts. on the
10000. A part of this balance,
charged to the Sergeant, it is true,
mas since been collected aud used 70
pay orders issued before the settle
ment was made up showing this
balance but as the interest bearing
coating debt is 8 s34 SO, the balance
aue the Corpora ion, we think is
apmle TO provide for the payment
thereof, and the current out standing
orders. during the year. and that no
increase Is necessary on that account.
The exact amount of the orders issued
and unpaid at the commencement OF
the current year has not been ascer-
tained by us; but the Clerk and Ser
geant inform us that it has since
been taken up from collections sine
made, and that electric light orders
for street Lighting since April are
Substantially all now outstanding
orders other than tine 1884, 36.
Your Committee has also examin-
ed the special report of the Sergeant
ON the collection of the water rent,
made by INN III accordance with the
order of the Council at its meeting
Of June 10, 1901, and herewith return
IL with our approval. AZ some Of
the bills returned delinquent and the
water turned 0T from the premises
may be- paid and the water turned on
during the year. we have not at
tempted to make settlement with
+ the Sergeant of the water assessment
charged TO him for 1901, nor finally
passed ON the Sergeants right to
rredlt for the amount of erroneous
and delinquents.
We find since July is, 1901, when
fhe report was made up, that - OF
that reported as erroneous has been
paid that Sl2oO OF that reported as
surned off, has since been paid, and
that of those reported as yet to be
turned off $26 80 has been paid, an
aggregate of SAL so to be deducated
from the total of S905l2 reported.
The Sergeant believes that consider.
ably more will be collected on the
bills turned of for non payment OF
returned erroneous because hnuses are
Facant, and if so, his total collections
from the water assessments for l9O-
should be nearly SG00000,
ESTIMATED REVENUES FOF
CURRENT YEAR.
Real and personal tax at &c
cents ga, 206. o,
Poll tax and dog taX(est) 1900 On
Railroad property tax at 66
cents (est) $50. OF
lG, 457, OF
Receipts from water taxes 5, 500. O
Livery and wagon license 1000
Zines 100 On
liquor licenses 40. On
Pool Table Licenses 300
Circus and peddler licenses 500
Insurance 200. On
Market Revenue 5000
S24, 267. O
Deduct as follows
Delinquent real estate 500
/" personal " SOC
g Polls and dogs $50 0
Exemptions allowed factories 1000
Discount on taxes 1000
Sergeant's commissions 1000