Gunnison news-champion., 1911-04-14
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odd board had - wind az CONSIDER
able business and the Incomlag
trustees, b,ssiies osasnszsae for the
year. made mssi of the aPpoiai-
ments. and speat eon-iderst,ie time
discussing the bone Issue authorized
by vote oi the taxpayers an April ith
Bond bsyers from all over the
eosntry are showing interest Ia the
coming sale, and several tentative
propositions are already made o.
take the bonds at dl-count. ar b.
accept them at par on eontrset bids
However, u was the unanimous
opsnion Of the trustees thai There
will be no occasion b. accep; less
than par, or perhaps a slight dis
count, amounting 10 commission Tor
their sale 10 some dealer IR bonds.
And 1t was Thought the .sIsest plan
is % get the cash aud then deal with
contractors oa a cash basis. ID was
finally ordered that the bonds be
immediately printed, about 100000
In denominations of Sl,w each
x3O.O0U Of $500 each aud $4,000
in : 900 bonds. As u Is expected
only x70,UD0 will be pat ON the
market. this will allow buyers con-
siderable latitude IN selection Of de-
slrable sized securities Messrs
Burns A Mcdonnell, consulting en-
glneers Of the town, offer their ser
vices in dlsposihg of the issue, if
any difficulty is experienced other
wise, but this is not anticipated.
Indeed, 1T seems probably a large
portion of the issue can he hoated
right here in the county, since there
is much idle money which would be
splendidly invested IN these SIX per
cent bonds, which are backed not
only by the entire wealth of the town
but by commercial power PROPOSE
tion ~ well
That the town 10 in better shape
than anticipated 10 shown by an
eshsv ssticle in this psper which de-
tails the fact that while we had sup
posed School district No l owed
$4,000, it seems the district has
almost half Of that sum on hand in
cash.
Aa important motion was made
by Trustee Mueller in Transferring
$1,000 from the lee and salary fund
TO the light and water fund, the
same to he used for immediate ex-
tensions to the water mains This
was carried unanimously, and the
council at it's adjourned meeting ON
Friday, April 2sth, will decide
where these new mains are to run
1t is suggested that any citizens or
group of citizens who want the
mains extended their way should
appear and present claims
After allowing a number of bills,
details of which will probably ap-
pear in the published annual fnan-
cial statement which is being pre-
pared by Town Treasurer Corum,
the old board then dissolved, and
Justice Leahv administered the oath
of office to L. NJ. Collins as newly
elected or reelected mayor and to
H. r. Akin, Z. f. Mueller and H.
w Endner as reelected trustees
All members were present except
Trustee GAiser.
The question Immediately came
up rs to appointments for town
officers Practically all the present
officers got their jobs back again,
including b. H. Wegener, town at
torney; NJ. j. Schmitz, clerk; W. H.
Corum, treasurer. at a raise Of salary
of from s75 to $50 q month; J. ID.
Jennings, marshal; DIR. n. j. HYATT,
health officer; Geo. Eastman, weigh
master; For the new position OF
city engineer o H. Aikine received
four votes and J +. Heiner two.
For police magistrate nine votes
were taken, all standing three for
]. A. Leahy and three for c. r.
Bourdette This proposition was
then laid over. As candidates for
ditchtender there appeared E j.
Mellsrrup. b ID Tyrer. Fred Hoeg,
A. T. Bates, Wm. Dutemyre, Frank
Trevarthen and Vim. Millard On
the fifth ballot Dutemyre was re-
elected to The position held last year
Frank Keenan, received one vote for
superintendent Of the hight and
water plant, but L. u Meyer again
got the plum. A motion was made
by Trustee Endner that the superin-
tendent present a written report each
month of the condition of the plan,
and machinery, new houses wired
and any proposed recommendation
and requisItions.
Mayor Collins announced that
committees. for the present, wosld
remain as last year. The ditch.