The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1914-05-15
CITY HAS BIG ROLL
CASH TO THE GOOD
:rom Thursday Daily.

rom Thursdays Daily.
That the city OF Mankato Is In far
better condition financially than IL
sas a year ago will be the gist OF
The report of Mellis. Prize & Co..
chartered accountants of Minneapo-
lis, who have completed an examlna-
ton OF the city's books and accounts
tor the fiscal year just closing.
II is true that during the year the
bonded Indebtedness OF the city has
increased BY $4,000. Bonds i'm the
cum OF $4,000 were issued to raise
funds TO buy site for the new ar
nory. During the same year. how
ever. the city has paid of one OF the
park and sewer refunding bonds.
held by the state, In the amount Of
$1,000.
Much Cash on Hand.
The city now has on hand cash
amounting TO $4,000, OF which about
$500 is in the sinking fund. This
leaves about $4,000 Of working cash
In the treasury. At this time last
year the cash In the hands OF the
city amounted to $500, OF which
about $500 was in the sinking fund,
leaving working cash I'm the treas
ury to the amount OF s4.700. Thus
there is now about $4,000 more
working cash on hand than there
was at this time last year.
The whole sinking fund, consisting
OF cash and various kinds OF securi.
ties. amounts now to about s17,500.
Last year at this time IL was about
$l1, 200, so that there has been an
increase OF about $500.
Certificates Outstanding.
There has been and Is still con-
siderable number of city assessment
certificates outstanding against GER
tain property against which the city
cannot collect any assessments, and
thus these certificates are a liability
of the city itself. This has been the
result OF loose bookkeeping In former
years. Assessment certificates would
be sold against property for larger
amounts than could be assessed
against II, no attention be paid to
the fact that the city was standing
part of the cost of the Improvement.
OF such certificates the city during
the past year has paid of about So
500 worth held by outsiders, and $3.-
900 worth In the sinking fund, or
$1,000 worth In all.
Roughly speaking, all these items
show the city to be about $2S,2OO
better off financially than II was a
year ago. Certificates paid off, &c.
400, increase In working cash, $14.-
300. and increase I'm the sinking fund,
$500. all total $4,000, which Is Off
set to the amount OF $4,000 by the
increase in the city's bonded indebt-
edness by that amount. leaving the
city's finances s2s,2OO better than a
year ago.
Mankato is at the present time en-
Prince! This startling
information was given out today
when the Polk company of St. Paul
made its delivery of new city direct
cries. And even greater personages
than Prince are IN the city. There
are six Kings. three Kaisers. four
Earls. Two knights and ten Pages.
There Is a Dukes addition for these
royaltiesbut no Dukes are included
In the party.
There are some prominent historic
characters also,a Thomas Jefferson,
q John Quincy Adams, eighteen VIII
sons, two Hamiltons and others. But
there are many trades people also.
Shoemakers. Carpenters,
weavers, Taylors. Millers, q Barber,
Coopers and others.
The Lock and Key lofthe city are
also safely within the corporate lin
is. There are several Bachelors I'm
he city. but not a single spinster.
snt that remarkable?
Some Johnsons Here.
Besides these unusual people there
are 15S Johnsons listed, SO Ander-
IONS, 81 Peterson, 81 Jones, Al
5chmitts, Schmidts and Schmitz, 80
kelleysand % Williams. In the list
Of Us there are seventy.nine names.
The directory, contains 334 pages,
but the names are listed nj double
columns on eachpage,. giving the di.
rectory a muchsmall appearance than
.hedirectories foranumber of years
lave had.
Their are 400 more names in the
lirectorythan In 1912, which added to
1912 gives a popula::
Ion OF 1908. This is 1898 large
population than In 1910.