The weekly soliphone., 1917-08-30

d,
P. f. House, C. A. Mack. w. A..
Branch and C. w. Highfill, mem
bcrs of committee recently APP
pointed to suggest a method for
placing the county on cash basis,
yesterday afternoon submitted their
report to the commissioners of ac-
counts, at whose instance the
movement was launched. The plan
was adopted, with but minor
changes.
The idea, in brief, is that four
trustees, cooperating with the
county judge, who shall be ex-officio
chairman, shall constitute board
to act in an advisory capacity. These
trustees are to borrow monies from
time to time as needs arise, execut-
ing a collective note for the amount.
They are to be Unidentified by a
bond signed by perhaps one thou
sand public-spirited citizens, and in
addition, the county Judge will is
sue scrip as further indemnification
Ali outstanding county warrants are
to be purchased by the trustees, or
by depository acting under their
instructions, at the price of eighty
cents on the dollar. Parties who
do not care to sell at these figures
may hold their scrip. Scrip subse-
quently issued, when countersigned
| tIrhn oh a "a o.
lected by the trustees, will be re-
deemed at par.
A second committee, composed of
~. T. Hester. S. Bertig. Griffin
Smith and II. r. PGrtlow anNc
ed for the purpose of draft:0g the
indemnifying bond, met A. NJ
Futrell's office yesterday afternoon
and ordered that Messrs. Partlow
and Futrell carefully prepare the
bond along lines suggested at the
meeting
The plan suggested by the COM
Imittee of which Judge Light isl
chairman, made the following de-
tailed report:
CASH BASIS PLAN
1.-The Chairman shall appoint
four qualified citizens to serve asI
trustees. These trustees shall be-
charged with the duty OF securing
sufficient funds to purchase all out
standing county warrants that may
be presented for payment. The
price to be paid for such warrants
or scrip shall be eighty cents on
the dollar.
2.-The said trustees, in addition
to securing funds for the redemp-
lion of county warrants at present
Outstanding, shall provide the mon
l0y necessary to purchase, at par,
warrants that may hereafter be is
sued.
3.-The four trustees shall con-
stitute an advisory board to the
county Judge. The county judge
shall be ex-officio chairman of the
board In securing funds for use
of the county, the trustees shall
| execute lHclT JOlut opii6u'AN
therefor Provided,
q That said trustees shall serve
without pay.
4.-They (the said trustees) shall
confer with the county judge from
time to time regarding any accounts
or claims which are to be charged
against the general revenue fund OF
the county, and shall assisted by
the county judge, examine such
claims, advising and assisting theI
said county judge in auditing all
Imch items. such examinations and
|audits to be made on day fixed by
the county judge at the regular
session of the county court. The al
Ilowance of all claims against the
general county revenue shall be de-
cided by a majority vote of said
board of trustees, in which the
chairman shall be allowed a vote
under any and all conditions. Any
conclusions arrived at by this board
touching upon the allowance or dis
allowance of claims shall become
binding.
5.-Said board of trustees shall
name one of its members as secre-
tary, whose duty it shall be to eN-
anime each warrant when issued
1 and if same appears to be regular
it shall be countersigned by the sec
retary.
| 6.-All warrants shall be pre-