Republican farmer., 1918-02-15
REDDING
fsnecial to The Times

hometown. The amount Is $4,000 and
the transaction was effected through
an association formed in NewtoWn
last fall of which MIR. Williams is a
charter member and which operates
through the Loan Bank established in
Springfield, Mass, under measure
enacted by the national government
about two years ago for the purpose
of enabling farmers to borrow on
land security on terms more favorable
than had been usually obtainable. The
rate of interest is six per cent, but
one per cent. Of this goes towards
payment of the principal so that the
debt becomes exhnguished in So years.
It is one of the conditions of these
loans that the mortgagor takes stock
in the bank, paying therefor immedi-
ately, to the amount of IS for each
500 advanced. An important advan.
tage feature of the system is that as
long as the debtor keeps up interest
payment he remains secure against
foreclosure proceedings such as might
confront him at any time in the case
of a private or a savings bank loan.
Mr.. Williams will use the funds placed
at his disposal to discharge two ex-
isting mortgages amounting to $4,000
which represent boanS made to him by
individuals. He has had such dis
couraging succession of business mis-
fortunes since locating in Redding
about ten years ago that all will be
glad to hear of his success in his re-
cent undertaking.
Last week the selectmen had about
decided to declare exemption from
payment of the personal tax to mem
bers of the Home Guard, basing such
proposed action in an opinion by the
attorney-general of the state. That
official however, further advised that
each town be guided by the advice
of it's own attorney in the matter. At
the instance of the selectmen, there
fore, Attorney S. C. Shaw proceeded
to make some further inquiries. He
learned that Bridgeport's city attor-
ney disregard with the attorney-gen-
eral as to the authority of selectmen
boards to grant blanket exemptions,
although in disregard of this view the
! Bridgeport selectmen voted exemp-
ton. AS the legislature, at the
special session to be held next month,
| will probably take some action def
nitely decisive on the exemption ques-
ton Mr.. Shaw thought it would be
| well to have the matter of collecting
i the tax from Redding Guardesmen
open until after the anticipated pro-
nouncement. The tax became due
Feb. 1 and the list for this town has
been turned over to the collector
with instructions to make no de-
mands on the Guardsmen until
| further notice.
The county committee of the State
Council of Defense has arranged for
a war rally to be held in the town
house at Redding Centre on Wednes-
! day evening of next week. Another
rally is scheduled for Miller's hall in
| Georgetown on the evening of the
26th. According to present arrange
ments, which are subject to- change,
the speakers at both meetings will be
Judge Booth of Danbury and Miss
Fitzgerald of Hartford. Unless the
conditions are especially bad as to
weather and travel both meetings will
doubtless have crowded audiences.
The applicants before the Board of
Relief last Thursday were Arthur ].
Todd of New Haven and George o.
Sanford. The former asked reduction
| of the assessment on the land and
buildings comprising his former lime
burning plant in West Redding which
the assessors valued at $4,000, an in
crease of $1,000 from last year. Mr..
| Todd said that the limestone deposits
on the land had been practically eN.
hausted and that the buildings were
of little value. He expressed will
! ingness to sell the entire property for
$500. Mr. Sanford desired a reduc-
ton on the assessed valuation of his
barn and silo.
Two coasting accidents occurred
Monday afternoon. John Clarity. a
Sanford school pupil, was pitched
from his sled in consequence of the
runners breaking through the crust
and suffered a broken wrist. On a
bend in the hill west of the Center a
doubel ripper went straight ahead to
collision with the stone fence, re-
sulting in a broken leg for Richard
Bunnell Bethel boy, who was one
of the passengers. The practice o.
night coasting on hills having bendS
is a dangerous one and several parties
whose teams have just missed being
struck by sleds feel that the authori-
ties should endeavor to put a stop
to it.
Some of the towns housewives felt
so much aggrieved over the $3.50
flour regulation that they threatened
their grocer with the transfer of their
entire trade to a more complaisant
dealer unless an exception was made
in their favor. Of course the effort
to obtain the desired concession else
where proved a failure as the regula-
ton extends from the original supply
sources downward. Consequently the
complaining ones became resigned to
the new order of things for the very
good reason that they had to be.
In consequence of imperfectly de-
fined boundaries choppers in the en-
ploy of the water company recently
encroached upon woodland in Pleas
ant Valley owned by Mrs. Edward
! Ryan. By agreement of the parties
the amount of damages the company
should pay for the trespass was left
to George S. Banks for adjudication.
He estimated 10000 feet, all dead
chestnut, as the quantity of timber
which had been cut and awarded Mrs.
Ryan damages in the sum of $3.50.
That corporations as well as indi-
viduals are sometimes careless was
evidenced by a deed recorded in the
town clerks office last week The
document is deed executed in 1850
| by Matthew Gregory and makes con-
veyance of a right of way on the west
side to the Norwalk and Danbury
Railroad Co. An adjoining property
owner recently had occasion to estab-