Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1915-08-24
NEW ATTEMPT TO
SELL CITY BONDS
Aldermen Forced to Borrow
$4,000 Temporarily for
High School Addition Work.

iHNtt SCIiOOI HuuIliOit vtOI Ns
Pending the sale of bonds in the
amount of $130,000 to obtain money
for the erection of extensions to the
high school and public school No. 8,
| the Board of Aldermen took steps
last night to borrow $4,000 to pay
for portions of the work already
done City Treasurer James A.
Rhodes reported that he had read
vertised for bids on street improve
ment and park bonds, hoping that
market conditions would change to
a favorable state within a short
time.
The street and sewers committee
reported progress on the paving
problem, the new motor drawn fire
apparatus was accepted and paid for
and other business was transacted at
! the meeting, at which all of the al
dermen were present. Adjournment
was taken until Friday night for
the completion of some undertak-
| ings
| Conditions in the financial market
have been such of late that the city
has found itself unable to dispose of
it's improvement bonds. When the
treasurer advertised for bids on
$4,000 worth of park bonds and
ment bonds a few weeks ago, no
bids were received. Three of the
brokers stated that slump In the
market was the reason. Some Off
cials conclude that conditions are
not better, If as good, at the present
time because of the recent sinking
Of the Arabic. Inasmuch as money
must be had to carry on the school
extension work, q decision to issue
Itemporaryf loan eeftifieal leas~~ss4oE
$4,000 was decided upon. A reso-
luton was adopted accordingly last
night and Mr. Rhodes is In New
lYork today endeavoring to borrow
THAT sum.
Not having reached decision as
to whether a contract for paving
seven streets should be awarded to
Oliver w. Ramsay or the Hastings
Paving Company, the streets and
| sewers committee stated through its
chairman, Alderman Chris Jorgen-
sen, that all it could report was pro-
gress There is no indication at
present as to when decision might
| be reached.
The new triple combination motor
drawn, fire apparatus was formally
accepted by resolution adopted
| last night The final test Saturday
afternoon proved conclusively that
| the apparatus measures up to every
detail of the specifications and Off
/ cials have satisfied themselves that
| 1t will do all that Is required of the
mechanism and even more. The cost
of the apparatus is $4,000, check
for which amount the board after
wards voted, to be paid to the Frank
Van Syckle Garage Company.
! Because of the length of the block
on First street, between Gordon and
! Paterson streets and the necessity
of lighting it more adequately, mo-
| ton was passed to have a small
lamp installed in the middle of the
block
A request of local branch of the
Patrolmen's Benevolent Association
to procure leave of absence of Pa
trolmen William Calvin, John Dun
ham and George Kozusko on Septem
Der % and 23, was referred to the
committee on police. The officers
desire to attend a state convention
of the P. B. A. in Union Hill on those
days.
Building Inspector William Mur
tagh reported having issued per-
mits for $34,137 worth of new build
ing work during July. He collected
$18610 in fees for building permits
and $9610 in fees for advertising
signs. The report was filed.