Lincoln County times. (Jerome, Idaho) 1911-1919, 1913-03-13
THE BOND ISSUE.
II Is Heartily Endorsed by the Busi-
ness Mems Association, Who
Urge Its Passage.

The citizens of Jerome have been asked
by the board Of village trustees to give
their approval to the issuing Of bonds to
the extent Of $500, to wipe out an in
debtedness against the town for that
amount, incurred in putting in cross
walks and intersections, and for building
sidewalks around the park.
The publication Of an ordinance cal
ling for an election for this purpose was
sufficient to call forth much comment
both for and against this proposition
Many who are vitality interested in see
ing the town improve and progress, pro-
iessed Ignorance as TO just what purpose
the proceeds Of these bonds were to be
put To, and accordingly they felt some
what skeptical in giving their approval
to the same
While no one seemed to question the
motive Of the trustees in calling for an
election on this question, it Was deemed
advisable that our citizens and tax payers
should be fully informed on TIA : matter
and to this end special meeting OF the
Business Mems Association was called
Monday evening for the purpose Of dis
cussing this matter. At this meeting a
committee was appointed to thoroughly
investigate the reasons leading up to this
proposed issue, and report the same,
that the people might be fully informed
and thus be in position to vote intelli-
gently. The following report OF this
committee fully explains itself: y
To the Business Mems Association
We, the undersigned, your committee
to investigate the proposed issue OF
bonds by the village OF jerome in the
amount OF 50, $1,000 beg to report that
in company with the Board OF Trustees
OF said village We have investigated the
proposed issue and find that it is to take
up the Indebtedness existing against the
village on account OF the grading up OF
streets and putting in OF cross alks al
street intersections and for sidewalks and
curbing around the city parks and fol
no other purpose.
No portion OF the proceeds Of thest
bonds is to be used To take up the in.
debtedness existing for sidewalks con
structed in front oil private property.
The Indebtedness, for which it IL pro
posed TO issue these bonds, is now draw
ing ten per cent, by bonding. this vii
be reduced to six per cent-a saving o
four per cent to the tax payer.
We therefore, beg to report that, il
our judgment these bonds should carry
as We believe it is Tor the benefit OF on
community.
Respectfully submitted,
r. Ii. TRAIL,
J. GoRMAN,
{. W. GERBorH,
+. VI. CHrRcHMAN,
A. ANDERSON.
Adopted unanimously 10y Business
Mems Association OF Jerome, at specia
meeting held March 10th, 1913.
ID. ). WILLIAMSON, Sec.
We donbt il any citizen can question
the integrity of any member OF TIN
committee. They are all heavy taxpay
ems and deeply interested in all matter
pertaining W the welfare OF the town
and had they not found the records a
reported, they would not have beel
slow in so stating. As stated in the IT
port, the issuing OF these bonds means
saving OF per cent on the interest, am
as the debt is legitimate one agains
the town and has to he paid some time
there is no reason why il should not h
liquidated by the issue ot--shese bonds
and We feel that after the aboye concis
information, there is no reason VIII
there should not be unanimous vot
cast for the bonds