Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-04
COUNCIL MAY
PASS TAX LEVY
IMPORTANT SESSION OF CITY FA-
THEIRS IL FORECASTED BY IN
FORMATION GAINED TODAY.
SCHOOL BOARD APPOINTMENTS.
CITY SCRIPT MATTER
COUNCIL WILL ALSO PROBABLY
BE CALLED UPON TO TAKE
SOME ACTION WITH REGARD TO
LONG DELAYED MATTER.

Several matters Of great importance
10 the welfare Of the city are scheduled
Ia come up before the city council today.
Among these are the tax levy, which Is
already long overdue. and the matter Of
the sale Of large amount of the out
standing city script 10 L. q. Hamilton
of Houston.
The tax levy which has been hanging
fire since last October. ii indications
are correct this afternoon, will pass the
city council today. As planned hy the
finance committee. which has been at
work ON the matter several days. the
levy. outside Of that already voted for
school purposes. will be No more than
that Of last year Sl.02 -. which would
make the total city tax levy for this
wear Sl39 l.. including the school tax
OF - cents
According to members ~ the finance
committee which il composed of Alder
men Craig Puteenat and Rowe. the tax
levy for general purposes will not he
permitted to 90 above that of last year.
and strenuous efforts will bc made 10
hold il down 20 the limit. A sinking
fund has been provided for. and also
the committee made ample provision In
its calculations in the budgets for
streets and bridges. the water and light
plant. the city sanitary department.
general fund. etc.
4 matter ~ great moment that will
doubtless come up before the meeting
will bc the sale of all or part of the
city's outstanding indebtedness 10 L. q.
Hamilton of Houston. representing
Northern people. Mr.. Hamilton some
time ago made q proposition 70 the
city council agreeing 10 take up the out
standing city script, provided the coun-
iii would issue him interest bearing
warrants, at u per ccnl I'm lieu of NIL
script turned into the city BY him. This
the council agreed to 10. since which
rhine h. has been working on the matter.
Mr.. Hamilton arrived i'm Brownsville
today. having arranged his affairs 50
that he could make the final PROPOSE
tiun 10 the council this afternoon and
have the council take final action. II
il stated that he wills take the city
script up To- a. much as S15.000 The
city has out fHll that much. IL not more.
Y n IL said that much of this script has
already been purchased by Mr. Hamil-
ton. some Of which came from local
banks and private holders of these city
warrants.
The proposition which at the time II
was presented 10 the council was one IL
would pay the city 10 accept. has for
it, idea The ccntralizing of the citys
outstanding Indebtedness. not including
the bonded debt In will also have "
tendency. il j. stated. to increase the
value of the citys script. which has
been selling al large discounts for some
time
FnaT members of the school board
are ~ be- appointed "a todays meeting
of the council. Up ~ this afternoon
Mayor A. a. Browne had not completed
his list of members Of the board stating
that he was awaiting q telegram from
the attorney general giving a decision
on a tcchnicality. There W one vacanc.
in the board. that made by the dcpar
turc of Dr. W. Il. Cole. In addition
three new members will he appointed
There are three hOldovcr members.