The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-02-06
TO HAVE THE ROOM
An Addition VIII Be Built to
High School.
VIII Probably Be West of Main
Building.
NOW CROWDED TO THE DOORS
Capacity of Present Building
Taxed to Limit.
Plans Under Way to Pay OFF
the Debts.
NOW CROWDED TO THE DOORS

Indications are that within the next
year an addition to the high school
costing anywhere from $4,000 to $780,,
600 will be erected on the west of the
present building I'VE either win have
to turn the pupils out of the high
school, or do something said Judge
T. F. Carver at the regular February
meeting of the board held Monday
night.
The discussion was brought up by a
motion made by DR.. R. S. Magee bind
ing the board to pay off 600 in bond
ed Indebtedness in the next - months.
It don't think it advisable to pass a
resolution at this time,'' continued
Judge Carver, (which would bind
when the next levy is made l shall be
in favor of starting a sinking fund
to care for the bonded Indebtedness.
"One of the necessities that will pre-
sent itself in the near future is an adj
ditiOn to the high school building I'd
like to see the bonded Indebtedness
wiped out, but we ought to have an
addition to this building soon as
possible that would cost at least $780,,
0OO''
DR.. Magee: 1--WE have shown to the
citizens of Topeka that we can erect
a building without bonds. This board
has shown an economical spirit and /
would like to see the bonded indebted
ness which amounts to 1886, ISL gradual
ly wiped out"
The resolution was not adopted. but
the board members expressed them
selves as being in favor of wiping out
the bonded Indebtedness as soon as it
is possible to do so.
DIR. NIagee's Plan to Retrench.
The report of DR.. Magee's read in
ma RI TQo ~
nual levy, u of a mill be added to the
tax levy to take care of the past due
bonds for 1907, So, 900; for 1908, S., 900;
for 1909, $1,000; for 1910, $40, 700 1911.
$1,000 and 1912, $4,000, making a total
of $35,70O. One half mill would make
$4,000 I would like to make it an an
nual affair Of one MILL so that the full
amount Of Indebtedness could be paid
off in 10 years
1.-The annual interest which the
board pays amounts to $25, 5000
enough to build a school house every
two years"
present indications are,'' said w. E.
Atchison, in speaking of the finances of
the board, wen start the next year
with about $25, 900 in outstanding war
rants" It was the general opinion of
the board members that this would not
be poor showing.
According to a report made by DR..
r. S. Magee, chairman of the insurance
the board in 1911 and 1912 will have
made saving of 2,33S.19 in insurance
alone.
LAS a result of the Is per cent re-
duction,' reads the report, "the
amount collected from the insurance
companies in March, 1911 was $685.
The adjustment of the new rates fol-
lowing the new inspection of the
buildings and an additional per cent
rebate allowed by the companies added
$2S6.14, making a total of S971-44.
This has all been collected and paid
into the boards treasury in 1911 from
the hard earned savings of the insur-
ance companies
LAS a still further result of the in
spection and the 20 per cent rebate
there has been saving on all new
policies and those rewritten in 1911 of
$7S5.50, making total saving of
$f706.94 for the year 1911. And dur
ing the year 1912 on the policies which
will make a saving of $631.25, making
a total saving in the two years of
S338.19. This saving will go on from
year to year.
''The old rate of insurance charged
the board was 64.2 cents for each
500: the present rate is 9 cents. The
amount of insurance now in force is
$423,500."
For January the total expirations
amounted to $4,000. Renewals were:
Iowman Hill, $4,000; Lafayette, So
600; Polk, $4,000; Potwin, $4,000. The
following policies were written on the
first of this month: Lowman Hill,
$3,5O0, and Madison, $4,000.
The annual cost of insurance now
is s2.21415. The amount in force is
$423,5 500. 1t is diveded as follows: Mod
ern buildings. 1898, 800; wooden build
ings, $500; contents, $1,000.