The Newtown bee. (Newtown, Conn.) 1877-current, 1901-03-15

| After Mr. Morris had submitted his
report he stated that he had made an
estimate that IL mills would raise
enough money to pay the running ex-
penseS of the town and to pay from
81, 900 to $4,000 year on the indebted
ness of the town.
Attorney Beecher offered an amend
ment to Mr. Houlihan's resolutions,
making the tax IL mills, which, with
some further discussion, was voted.
Mr. Beecher then offered a resolution
that the estimates of Selectman Nor
ris as to necessary funds, which were:
Schools, $1,000; paupers, $1,000; roads,
81, 200; sluices, $500; taxes, etc., about
So, ,0OO, ,ibe accepted. After considerable
discussion this was ruled out of order.
T. J. Corbett wanted the tax collector
to begin collections in June, but this
did not "take" very well. After some
further remarks the meeting adjourn
ed.
It was the general opinion that an
other meeting will soon have to be
called for the purpose of borrowing
money, for when, as will be seen by Mr.
Norris report, the present board came
in they had to meet an almost empty
treasury, with old bills amounting to
over 5000 to pay. Mr. Morris idea,
and it is the only real business way, is
to borrow enough to square our account
to the end of this fiscal year and to be-
gin another year with no bills out
standing except the town notes; and,
most important of all, to know just
how we stand.
Following is copy of the resolution
introduced by DR. Gordon:
In view of the fact that the grand
list of Newtown has, and will be fur
ther reduced by the depreciation in
value of real estate, in the districts of
Pootatuck and Sandy Hook, by the re-
moval from the above said districts of
the chief manufacturing interests of
the town, and, in view Of the fact that,
by the depreciation of taxable property
in the above named and adjoining dis
tricts, the tax rate in the near future
must Of necessity be increased upon
real estate in all outlying districts Of
the town, in order to raise sufficient
revenue to meet the legitimate ex-
penses of the town, and, in view of the
fact that it is the duty of every voter
to guard as much as possible against
any further decrease in the total of
the grand list Of the town, but rather
| tn 1n 1v
mate means to restore the value Of
real estate in the above named dis
tricts, by inducing manufacturing in
terests, if possible, to locate in the
town;
Resolved, That by a vote of the
majority of the voters of the town of
Newtown herein assembled at the ad-
journed town meeting held in the
Town hall of NewtOwn on the 9th day
of March, 1901, IS per cent of the total
taxes collected each year for the next
10 years upon the property and plants
Of the New York Betting & Packing
Co., and now situated in the I'd voting
district of the town of Newtown, in
the proportions of two-thirds to the
lower plant and one-third to the upper
plant, be returned or appropriated as
a bonus, by the town of Newtown to
the company or companies deciding to
operate said plants and employing not
less than 100 hands in the lower plant,
nor less than so hands in the upper
plant for period Of not less than 1C
months Of each year, unless otherwise
prevented by circumstances over which
the manufacturer has no control, suf
ficient proof that the terms of this
resolution have been carried out, to be
furnished by said company or compa
nies to the board of selectmen, ta1
collector and town treasurer of thu
town of Newtown at the end of eacf
year, said first year to date from tn,
time the above named plant or plant
begin to be operated and proof furnish
ed that the number of hands employed
at the time, reach at least the numbe
named in the foregoing resolution.
Resolved, That, by vote Of tn
ma ajority of the voters of the town O
Newtown herein assembled at the ad
journed annual town meeting held il