The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1908-01-11
The New school Law.

1
fun,ls, and to deposit the same With
the bank paying the highest rate Oh
interest, is to be put into effect u
Grant parish on the first day
February, and notice to that ene''
will lie found among our advertise
ments, soliciting bids from the vnri-
ous banks.
In this connection regarding the
finances OF Grant parish, both rs I"
the school funds and the phrt
fuu,ls. the Chronicle desires tn con-
yrntu,nte the school board and the |
police Jury, and compliment them Oh
the very successful aud satisiactor! |
manner in which they have manhge'
affairs and acted together in hnr
mony for the public good. Taking
their cue from the SYSTEM Inaugnra'-
ed by Their predecessors, they have
smplifi-d the system until Grant
parish stands outas one of the lore
most in educational facilities AMI
local improvements.
By the report of the parish treas-
urer, which will he printed in the
Chronicle next week, it will he seen
that the school fund of Grant parish
received from all sources for the year
1907 the splendid snm Of $55.65l 80.
This handsome sum is realized hy
the public spirit of our citizens III
voting special 5-mill taxes for school
purposes. and blythe liberal policy oi
the police jury in devoting 3 mills oi
the 10 mills parrish taxes tn the pub
lie Schools. Ii should he IA great sat
isfaction to the citizens of Grant
parish To know that 80 per cent oi
All thpparish taxes they pay in, cannes
back to them in the shape of school
ing to their children.
As We haveintinated, Grant stands
at the head Of the list of parishes III
providing funds for her schools, frw
of the parishes equaling her 3-mi'ls
appropriation by the police jury.
aud none Of them surprising her in
the matter of special school taxes.
S We have heard some criticism occa-
sionnlly about the school board lend
ing the parish $4,000 or $1,000. with
ont interest, during the summer
months. This il perfectly legitimate.
and should give no OCCASION for cons
mpnt. us it is ouly n small return for
the liberality of the police jury IN ap-
pfopriating three or four times that
amount of the parish funds each year
to the public schools. The loan IL
usually made in the summer time.
when no taxes are coming into.tfr
parish treasury, aud a big term oi
court or some unusual drain has con
sumpd all the parish fnn,ls. The
school board has certain revenue
from the State and parish, and in
the summer can count ahend rs to
it's revenues, and also know it's out
standing schools and consequent Tia
bilities. Knowing that the $1,000 OF
$4,000 loaned the parish will certain
~ he repaid with taxes cO'-lng III
during the fa!l, the school board can
well afford to make the police jury n
temporary loan of part of til.
money it receives from he parish
The benefit of snch loan is reaped by
hundreds of witnesses and Jurors,
who get thecash for their scrip, when
otherwise they would probably have
tn sell it at u discount.
One of the wings by the new law td
which We have first referred. is the
treasnrer's commission, which this
year amounted to $52209. In ad.
dition to this saving there will he the
amount that some bank may pay in
interest for the deposit of the school
fund. This will possibly give $20t
or $500 increase to the fund. max.
ing the probable saving To the
parish school fund 800 or $500 II
year. The superintendent is rrquir
ed to perform all necessary work a.
treasurer without further coInpen
satiou than the salary paid him al
parish superintendent
The negro slayer of Cadet Windert
was convicted in just two minute,