The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1918-08-24

the Bank of Dunnellon as distric
fund depository.
The county held warrants amount
| ing to $6250.44 with interest amount
ing to $1251.84. a total Of s75O2. %
against the Ocala school district; the
proceeds of the bonds, $9015.16, les.
$7502,84, the charges. of the county
against the district, leaves $1512.88
balance to credit of the district OF
proceeds of bond sale.
Settlement was made by drawing i
! warrant for each item Of interest as
per list on the district funds and de-
posting the old warrants and the in
terest warrants with the Munroe &
Chambliss National Bank as deposit
tory to the credit of the county gener-
al school fund. In the calculation OF
the interest on each warrant the odd
days were omitted. There would also
fbe a warrant of $25 to draw on dis
trict funds to pay for q set Of bonds
that was refused by the bond com
pany. After full discussion OF the
various features of the. statement it
was officially adopted.
The superintendent reported the
purchase of war savings stamps for
the Oklawaha school. district by the
chairman of the board and himself as
per previous instructions, amounting
to 108 stamps costing $451.44 to be
held in trust for the beenfit Of the. Ok
lawaha special tax school district.
They were purchased at the Ocala
postoffice and registered there.
Coupon warrant No. % to Mr. w.
J. Edwards for $500 and the last in
terest coupon for $43.75 were pre-
scented by the Ocala National Bank
for payment and warrants drawn to
take them up. The matter Of bor-
rowing more money at the present
time was discussed and it was found
not necessary at the present.
A request was presented for a
deed to lot that had formerly been
used as school lot for the Ebenezer
school to local cemetery association
and it was agreed that if it were
found that the county board held any
title to the lot it would be decided to
this association for cemetery pur-
poses
The matter of the county dormitory
was discussed and certain repairs
agreed upon.
A letter from Mr.. J. K. Christian
of the Mcintosh trustees was present
ed in reference to repairs needed at
the colored school there and it was
agreed to allow such repairs as were
absolutely necessary and also to se-
cure the best arrangement for GET
ting water.
A letter was presented from the
Underwood Typewriter Co. claiming
that they could not furnish a new
machine on their old contract on ac-
count of the government taking all
their new output. The secretary was
authorized to have the new one re-
paired when necessary.
1t was agreed to make arrange
ments to best advantage to furnish
water for the GAINESVILLE colored
school.
The secretary presented the follow
ing statement in regard to settle
ments with various school districts of
warrants held by the county board
against these districts: On Dunnellon
warrant for $1032.75. interest $165;
Reddick, warrant for $21.21. interest,
$3.50; Spar warrant. for $157.03, in
terest $25.12; Fellowship. warrant for
$195.50 settled by drawing distric..
warrants for 500 and for $3.50 and
for interest $31.28 and collecting the
warrants for $3.50 and the interest
warrant and holding the warrant for
800; Fairfield. warrant for $500, IN
terest $64. settled by collecting the
$500 warrant and holding the $64
warrant; Homeland, warrant for
$66.40 and interest $10.62; Summer
field, warrant for $60.02, interest
$3.50; Lowell. warrant for 1926. in
terest s14.93; Oca1a as per previous
statement. Settlements were made
by drawing new district warrants for
the several interest items and de-
posting both the original indebted
ness warrants and the interest war
AoAeo Ia t1fS IN uuIOC u OIdiubuoc 4S6S-
tional Bank as county depository to
the credit of the county general
school fund. in each there being dis
trict funds available in the Bank of
Dunnellon as district depository to
take up the warrants.
Referring to the loan made from
Mr.. M. L. Payne at the previous
meeting on coupon warrant the
following resolution was unanimous
ly adopted:
Whereas, it is necessary to borrow
money for the purpose of paying out
standing Indebtedness, arrangements
were made with Mr.. NJ. L. Payne,
trustee, to loan the board of public
Concluded on Fourth Page)