Pine Bluff daily graphic., 1917-02-06
GOULD COMPLETES PLANS 1() BORROW SI5O,OCO fOR CITY Council Will Meet Again
 Thursday to Close the
 Negotiations.
CITY WOULD HANDLE
 HALF OF ROAD FUND
Legislature Is Asked to Give Nuni- equality Half of Road Tax Collected ill City-Weil's Resignation
 Is Accepted.

The city council last night ratified
 steps already taken by Judge James 1 Gould, city fiscal agent, relative to
 the loan of $150,000 for the city, on
 three years terms, and will meet
 Thursday night in adjourned session to adopt resolutions and ordinances which will mark the closing of the ] deal
 1 Judge Gould and tho members of the
 council held a lengthy conference over
 the terms and conditions of the loan
 last night, soon after the council be- gan it's regular session, and there ap- pears no doubt whatever now that l within the next ten days there will 1 be deposited to the credit of the city l the sum of $150,000, minus the dis count fee usual in such transactions. l The money will be advanced to the city on certificates of indebtedness by a Cleveland (Ohio) bond and banking house, the discountrate for the first year being per cent and for the next two years , F per cent, making l it, it is said, the cheapest money that l has been borrowed ill Arkansas. ex- i l the city of Little Rock.
 Want Road Tax Money | Another important matter which oc- cupied the attention of the council 1 for a while last night was the resolu- tion petitioning the general assembly to adopt an act whereby the Jeffer- son county tax collector will be in structed to pay to the city treasurer of the city of Pine Bluff one-half of the road tax monies collected on
 property within the city, this money
 to be used by the city for street, high way and bridge purposes exclusively. The resolution passed unanimously and the necessary bill will be placed in the hands of the Jefferson county representatives in the legislature with the request that it be introduced and pressed for passage. It is expected there will be some opposition to the passage of the bill, but the proponents of the measure expect it to be passed, because other cities of the state are receiving such road tax funds from the counties ill which they are To- cated.
 Accept Veil Resignation. The resignation of Alderman Ben B. Veil, representing the Second ward was read, and after little discussion it was accepted. During the discus sion Alderman Clement was informed no special election need be held. but that the vacancy may continue to exist until the nominee. w. c. Me Bryde, is elected and takes office. in April; and Alderman Franey sug gested that the resignation be not ac- cepted even though MT. Well should not attend further meetings of the council
 At the mayors suggestion that the services of another policeman are
 badly needed, particularly to put stop to unfair criticism of the au- thorities, the council adopted motion
 authorizing the appointment of
 another patrolman
 On the recommendation of Alder man McGehee, chairman of the fire committee, the board of public affairs was authorized and instructed to ad- vertise for bids for 1000 feet of new fire hose, which is badly needed by
 the fire department.
 An old house at Eighth and Georgia street. gutted by fire some months ago, was ordered demolished by the police department
 The police judge and the police de- partment reported cash fines collected aggregating $333, committed $46O, total $793. Stock fees collected amounted to $33.20. The cemetery
 sexton reported collections of $177.50, expenditures of $134.40. excess, $43.10. Improvement District Matters. Ordinances were adopted fixing the assessment in Street Improvement District No. 42, and Curb and Gutter District No. 6.
 Petitions were granted and the nec- essary ordinances passed under sus- pension of the rules for the organi' zation of a street improvement dis l trict and a curb and gutter district, | for paved streets, curbs and gutters on the following streets:
 Alabama from Twelfth to Nine teenth, Georgia from Twelfth to Hard ing, Thirteenth from Georgia to State, alley in Thirteenth From State to
 Main. Seventeenth from Main to Star
 City road, resurface Eighteenth from
 Main to Star City road and Fifteenth 1 from State to Georgia.
 Much of this same territory has been 1 included in several districts whose or ganization has been attempted in the l past, but none of the previous en- deavors in this line have been sue
 cessful. owing to opposition based on 1 the allegation that property valua-
 tions are not sufficiently large to bear l the burden of the assessment which 1 it is said will be necessary to do the
 work for which the districts are being 1 formed.