The Robesonian. [volume] (Lumberton, N.C.) 1870-current, 1917-04-23
ROAD BONDS ENDORSED

BOND Issue Under Clark Bill
endorsed by Representative
Sitlzens of County Clear
Statement of Facts-There
Will be No Increase in Road
Iaxes If Bonds Are Voted
70 the Good Roads Advocates
OF Robson County:
We, who have subscribed our
names to this letter, believing
Y TO be for the best interests
O. our county to have good
roads and keep abreast of 9TH
ef progressive counties and
opf State, beg to submit to
you our views on the bill
passed at the last session of
-Ihe Legislature whereby the
State will lend it's credit to any
county desiring to construct
and maintain good roads.
:. Inc county commissioners
IN accordance with the provis-
IONS OF the bill before mention
ea, and upon petition of more
than one-fourth of the regis
tered voters of the county. call
ed an election for Tuesday,
May Sth, in order that the cit
lzens of Robson county NAV
determine whether or not they
Will avail themselves of the
opportunities afforded by the
terms Of this bill.
In thel first place, this bill,
Known as the "Clark bilr',
provides that the county may
borrow money from the State
for road construction at 5 per
cent interest. IN turn, the
State will issue it's bonds bear
ing interest at 3 1-2 or 4 per
cent, as the case may be. The
hfference between the rate of
interest paid by the county and
that paid by the State is in
vested in such a way that the
principal of the bonds issued
by the county will be retired
Al years. If the State sells
its bonds at 4 per cent, or in
32syears, if the State can sell
its bonds at 3 1-2 per cent, and
word has come from the State
authorities that the States
first issue can be disposed of
sat three and one-half per cent.
Our county could hardly sell
its bonds to Individual bond
buyers at a less rate of inter-
est than five per cent, so that,
ssHssszssny event, the principal of
the bonds will be saved to the
county, should we take advant-
age Of the State aid.
1t is the purpose Of the com
missioners, should the election
for bonds for State aid carry,
to borrow from the State $780,
900 a year for SIX years, max
ing a total of $48O,OOO. At
present, the road tax in Rob-
eson county is 21 cents on the
S100valuation of property, which
< amount should be ample to nay
interest on money We might
borrow from the State, as we'll
as provide sufficient funds to
maintain the roaus when built.
This occurs to us to be infin-
itely the best plan offered OF
suggested whereby we may OBJ
< tain good roads in Robson
county.
The people will have an op-
portunity on Monday, May 7th
* (the day before the election fol
s bonds for State aid) to vote fol
= the men whom they think best
* suited to administer the funds
* that may be derived from the
& issuance of bonds hereinbefore
= mentioned. At the same time
* we vote for road commissioners
s MAY 7th), we may vote for OF
3 against a $5OO,OO0 bond issue
x passed by our Representatives
& for Robson county at the las'
< session of the Legislature. We
4 take it that all far-sightee
& men will vote against thi:
x s5OO,OOO bond issue, in view
* of the fact that on the follow
* ing day MAY 8th) we viii
* have an opportunity to vote fo1
* bonds for State aid for roat
construction, which, as W.
* have before mentioned. will b.
infinitely cheaper and bette7
8 for the county.
In the light of all the facts
= as we see them. we have n!
hesitancy in calling upon al
lcitizens of Robson county wh'
s. believe in good roads to regis
& ter and vote on May 9Th fo
= bonds for State aid for roa'
= construction in our county. .
= This the Goth day of April
* 1917.
* R. D. Caldwell, Lumberton.
C. A. Oliver, Marietta.
C. T. Pate, Purvis,
# A. l.. Bullock, Rowland.
T. W. Maxwell, Tolarsville.
s. J. B. Regan, Lumberton. K.
J. I. Townsend, st. Pauls.
J. c. Stansel, Attention.
s. J. B. Humphrey, Philadelphus
r. R.Barnes. Barnesville:
- A. R. McEachern, st. Pauls.