The Columbus dispatch. (Columbus, Miss.) 1905-1908, 1906-06-28
SCHOOLS DISCUSSED
CITY COUNCIL HELD SPECIS 4
MEETING ON WEDNESDA
NIGHT TO DISCUSS Sell
LING CITY BONDS.
Will Issue Five Per Cent. Twenty
Year Bonds, With Interest Pay
able Semi i-AnnuaIIy.-Work
to Be Pushed Rapidly.

There was a special meeting of the
City Council on last Wednesday
night, which was held for the pur-
pose of receiving the report of the
officers in control of the election
which was held on June IA for the
purpose of voting on the issuance OF
| bonds in the sum of sixty thousand
| dollars TO build a public school and
| for other internal improvements.
| The report of the officers stating that
| the election had been carried by the
requisite majority was received and
ratified, and the Council proceeded
TO discuss the kind of bonds to be
issued, the rate of interest they are
TO bear, and when and in what man
ner they shall be disposed of. After
a short discussion it was decided to
bonds, with interest payable semi
annually, and Tuesday, July "A, was
fixed as the date on which these
bonds are to be sold. There was
some talk relative TO issuing four or
four and one-half per cent bonds,
but the Council seemed unanimous in
the opinion that five per cent bonds
can be more easily disposed of, and
that the premium which they will
bring will more than make up for
the difference in the rate Of interest.
After the character of the bonds
and the date of their issuance had
been settled, the next question to be
discussed was as TO how TO proceed
in spending the money. The bill au-
thorizing the issuance of the bonds
states that the money shall be spent
in the erection of new public
school, the Improvement of Franklin
Academy, the Improvement of the
fire department, and the extension -
the water and sewerage mains. 1t
is left to the discretion of the Coun-
Gil, however, as to which one of these
matters shall be taken up first, and
it was decided on Wednesday night
that the improvements at Franklin
Academy will be the first work TO be
undertaken. OF course no legal con-
tract can be made until the bonds /
are sold, but the school committee, |
which consists of COuncilmen J. L. !
Walker and E. S. Moore, was author
tions made for the heating and |
plumbing system which is to be in |
stalled al Fanklin Academy, and to |
secure bids on the work It is the /
intention of the Council to install a /
thoroughly up-to-date system of |
and steam heating, and not |
only will the plans be made by an |
expert, but thoroughly competent |
sanitary engineer will be employed /
to superintend the work after the |
has been awarded. The |
school committee was also author
lied to secure options on sites suita-
BILE for the new public school build
ing which is to be erected. Several |
sites have been suggested, but be-
yond the fact that the new school |
will be built in East Columbus, no
one seems to know where it will be
located. As stated above, the work
at Franklin Academy will be the
first to be undertaken, but the new
school building is badly needed. and
the contract for its erection will be
awarded at the earliest possible
moment.
The bond issue, as already stated,
provides for certain improvements
in the fire department, and the esti-
mated amount to be expended in this
work is thirty-five hundred dollars.
1t is the idea of Councilman Gardner,
who is chairman of the fire commit
tee, to erect new fire station in
East Columbus, and install therein
either a chemical engine or a truck
with chemical attachment. The fire
was authorized TO inves-
tigate the matter and make report
at the next regular meeting of the
Council
The matter of selecting the streets
on which the new water and sewer
age mains are to be laid was left to
the street committee, who will decide
on which streets these mains shall
be laid. The recommendations of
the committee will then be submitted
to the Council for ratification.
Mrs. E. S. Donnell and children
left yesterday for Biloxi, where they
will Snou5 tho