Evening times-Republican., 1914-02-07

forfeiture upon their own guarantee 90
pay out on the new investment. the
question now IL. has the public a.
much faith and as much nerve a. the
Stoddart family exhibits in its offer.
The school board realizes that It
must take action for increased school
house accommodation well in advance
OF the time when the school 10 actu-
ally to be used and hence the board
will probably grant the request of
those who are petitioning for bond
issue at this springs election for a
new building in the First ward. The
constant growth of the city has been
taken care of 50 far as the grade
classes are concerned by the erection Of
q new building few years ago in the
south part Of the city and more re-
Gently In the west portion. But all
growth Of school population In the
grades necessarily converges at the
high school with its relative proportion
OF increase in high school attendance
and the time has arrived In this city
school building il needed for high
school population. This makes It nec-
essary for some other building to be
tofore housed under that roof. II a
$4,000 bond issue should be authorized
at this springs election to run for ten
years at the average rate of interest
for school bonds the net result would
be that the people of this town would
get a new school building which would
be carried In the name Of the school
district and under its supervision and
management at an annual cost equiv
alent to rent for the school district
would not plan TO pay OF the bonds
entirely within the ten years but would
pay only . part Of them. The interest
charge upon this new building which
would constitute the equivalent OF rent
paid for its use would amount to 10
cents per capita for the present popu-
lation and less per capita per annum
as the population continued to in
crease during the next ten years. The
Marshalltown school district now has
an Indebtedness Of $4,000, but it could
more than double this indebtedness by
vote Of its people before 1t reached the
maximum Limitation under the law.
The people who want school inn
provement to be continued and who
have vital interest in education
should remember that two very efficient
members Of the school board will re-
tire this spring. neither one OF whom
will be q candidate for reelection. Mr..
L. c. Abbott and Mr.. T. I. Wasson
will retire. Two good men must be
found to take their places and their
petitions az candidates must be flied
one week before the day OF the school
election. A recent change in the law
has done away with all possibility OF
eleventh hour candidates At school
elections.
The city council has announced that
so far az city funds are concerned no
paving can be paid for for a few years
until the city pays out on its portion
OF paving laid . few years ago. But
II property owners desire to have
streets paved In front Of their property
they can have 1t done under the direc-
ton OF the city council and upon the
seven-year payment plan II they are
willing to include the cost OF the alley
and street intersections which would
probably pro rate about S3.75 year
additional for the seven years on each
lot frontage where the property within
half block In each of four directions
from street. intersection COulO JOIN IN
sharing the expense OF the intersecting
pavement. OF course II the paving was
laid upon one street and the property
owners on theitwo side streets, refused
to come In the paving Of :his inter-
section would place an expense OF
about $3.50 per year for the seven
years upon the lots within a half block
in two directions. The same principle
would apply to the paving OF corner
lots and for the present the city coun-
Gil would refuse to order paving done
unless owners OF corner lots will agree
TO relieve the city from any portion Of
the corner lot expense In fact prop
erty owners who get any paving in
iMarshalltown this spring will have to
pay the whole bill. While this Is a
radical change from what has prevailed
in this city in the past 1t IL a fact that
in most Of the larger cities in this
state the paving has always been
charged up In full to the property
benefited. corner lot paving and inter-
sections all being included.