The Birmingham age-herald., 1920-08-06
WARRANT ISSUE IS DECIDED ON BY THE BOARD OF REVENUE
Road Work, Insuring Fede- ral Aid, to Be Continued If Contractors Will Ac-
 lept Paper, Bond Later

Jefferson county's road work now under construction will be completed. Interest bearing warrants will be issued in pay- ment for the work. Resolutions to, this effect were passed by the board of revenue at a meet ing yesterday morning. This includes approximately ss5sooo worth of federal aid projects. Con- tracts for them were awarded in Au- gust 1919, and approximately $421,Ooo worth of grading contracts awarded last April.
 These warrants will bear per cent interest. The issuance and the carry ing on of the work is predicted upon acceptance of the warrants by the con : tractors as payment for the work. it is stated
 Jere Gwia and Thomas E. Huey, committee appointed to see the
 various contractors in effort to ascertain whether they would ac- ccpt the warrants, stated that they were of the opinion that the ma jority, if not all of them, would take county warrants in payment for the work. W. k. Terry. county attorney. is preparing formal reso- 1utions to be signed by the con- tractors to that effect.
 | When the advisability of issuing war rants to carry on the road work was taken up, it was discussed at length. 1 Dr. Vines declared it would cost more to stop the work than it would to com plete it. He stated it as his opinion
 that it would be better to issue war
 rants until the bond market got bet
 ter and the bonds could be sold.
 SOME OPPOSITION I Thomas E. Huey stated he was in favor of continuing the federal aid
 work, but would not vote to issue war | rants to carry on the other road work now under construction.
 l Jere Gwin, chairman of the board offered a motion that all road work be completed and that interest-bear 1 ing warrants be issued to pay for same 1 if the contractors will accept them He included in his motion that if the 1 bond market got better and the county road bonds could be sold for par the county to discontinue issuing warrants and sell the bonds. Dr. Vines seconded
 the motion, which carried The vote was: Gwin, Vines and Bivens, voting for issuance, and Huey and Cloe vot- ling against.
 1 w. B. Cloe stated that he was op- posed to issuing warrants at per cent
 as he did not believe the people of this county wanted to pay such a rate oi Interest for the warrants. | BATSON'S REPORT s. R. Batson, county highway engi. lneer, presented to the board figures amounting to $152,946 for road worl done in July which would be due in few days. Motion was made that post dated warrants be issued in paymen for same. This carried by the same vote, Gwin, Vines and Bivens voting for the issue. and Huey and Clo, l lagainst it.
 A communication from W. S. Keller
 state highway engineer, was read, il which he stated that he deplored tn, bond situation in Jefferson county. H, stated he was glad to see the board o
 revenue making efforts to carry or this work and declared if the fedora aid was lost to Jefferson county at thi: time the county would have a hart time getting it again. He pointed ou that if the federal aid work was dis lcontinued the board of revenue wouI, have trouble in convincing the stat highway commission again that the, would meet the issue.
 When the Jefferson county gran, jury reeonvenes on August Is, ii vii resume its investigation into the bon
 situation and financial condition of tn county. it is stated. Many witnesse
 will be summoned to appear before tn
 county jury to give evidence on thi
 matter. it 8 said.