Bridgeton pioneer. (Bridgeton, N.J.) 1884-1919, 1903-11-26
BRIDGETON, n j. TIL URsDAY. NOVEMBER 26 1903
CITY WILL ISSUE
$4,000 IN BONDS.

The last meeting of November was
held by City Council Tuesday night in
the chamber at City Hall, and consider
able business was transacted with dis.
pstch
President Deal. as usual, was in his
place and the mem bership was present
with the exception of Richmond,
Ackley and Butler.
Mr.. johnson, for the Finance Com
mittee, reported that the committee
had carefully gone over the recon-
mendations of City Comptroller
Sharp, and unanimously recommended
the passage of an ordinance providing
for an issue of $50 600 to cover the
floating indebtedness of the city. The
ordinance and printing committee had
been request to prepare and present
a proper ordinance. Mr.. johnson said
that such action would result in the
saving of very considerable amount
of money, as bonds would bear but
AoAA pOA SCAu. IAOOlCoU3 Whl1C bCIpO
ary loans required six per cent. 1t
would likewise put the city upon
sound basis
Mr.. Sellers moved that the report of
the committee be received and the
recommendations conourred in. This
motion was unanimously passed.
Mr.. Jones, for the purchasing com
mittee, reported that in accordance
with the direction of Council, he had
some months since ordered five loads
of gutter stone. Tt had been impossi-
BILE. thus far, to obtain the stone. the
contractor giving his excuse that he
could not get boats to cart the stone.
Mr.. Jones further explained that the
contractor had contract with the
Government which took nearly all the
stone he could quarry. Mr.. Jones
further suggested that he thus made
this complete report as he heard some
of the Oouncilmen express desire to
cancel the contract and try vitrified
brick.
| Mr.. Lupton moved that the contract
| for stone be cancelled. and this .reso-
luton was unanimously adopted.
For the printing and ordinance COM
mittee Mr.. Edwards presented an or
dinanoe providing for the issue of
bonds in the sum of $50, 600 to cover
the floating indebtedness of the city.
The ordinance was in three sections.
1t provides that the issue shall be
coupon bonds, bearing interest at the
rate of per cent. annually. The
bonds shall be payable in thirty years,
but may be redeemed in fifteen years
at the option of the city $500 shall
annually be set apart to the credit of
the Sinking Fund for the payment of
the bonds at maturity. The interest
is to be raised by a special tax
| The ordinance was read and passed
upon two readings and laid over under
| the rules for third reading and final
passage.
! Mr.. johnson said that he had under
stood that the fire box at the corner
| of Pearl and Lemon streets was to be
moved to a point near Pearl and
Grove. Mr.. johnson was interested
in the Dix Wrapper factory and the
Ayars Canning factory.
Mr.. Sellers explained that he had
first Thought the box would be re-
moved from Pearl and Lemon, but il
had been explained that people came
from Broad street bridge and that
section to the box at the depot and
| for that reason the box was not
reached
Mr.. Lupton moved that the pur-
chasing committee be authorized to
purchase 80. 900 vitrified brick. 10000
for each ward, for making cutters.
The motion was seconded.
Comptroller Sharp announced that
this year appropriations did not pro-
vide any money for the payment of
such an order.
Mr.. johnson moved that the matter
| be laid over until next year, but the
motion was not pressed.
Tt was explained that brick could be
used for guttering at less expense than
stone. and that the results would be
much more satisfactory. Brick such
as is proposed for use of the city can
be procured for about S15 per thou
sand.
The brick was ordered by the fol-
lowing vote Yeas, Deal. Ware,
Hurff, Lupton, j. F. Moore, Ed
wards, @. D. Moore, Bacon and Mo-
Gear.
Mays Jones, Sellers and johnson.
There was no other business and