Perth Amboy evening news., 1921-10-18
GUT INSURANCE
RATE, IS PLEA
Riedy'S Resolution Provides
for Action for Lower Rate
Due to Reservoir

A resolution by Alderman Benja-
min A. Riedy, instructing city at
torney to take up with the Fire
Insurance Rating Bureau of the
state the matter of reducing the
rate for fire insurance in Perth Am
boy as the result of the compile
tion of the 100000 gallon water
reservoir, was unanimously passed
by the Board of Aldermen last
night. The resolution points out
that additional fire protection is at
forded with the reservoir in opera
ticn, there being sufficient in re-
serve TO furnish pipes with water
even though something should oc-
cur TO the mains under the Rari-
tan river. upon which the supply
has always depended until the
present time. II is generally believed
that an investigation of the condi-
ton in Perth Amboy will result in
a lowering of the fire insurance
rate.
As chairman of the fire commit
tee. Alderman Riedy introduced an
other resolution last night, which
received the AYE" votes Of each
member of the council. This was the
measure authorizing the increase in
the pay Of the volunteer firemen TO
S25 per year, under the new state
law. He said there is sufficient funds
in the fire account to meet all OF
the payments. The various COM
panies of the city have been asking
for the increase ever since the law
was passed, several such requests
having been received last night.
Owing TO the Industrial depression
81 2 y n =
ing slowing down of all industries,
the amount of water being consumed
in this city by the plants has drop
ped to such an extent that the water
department is finding il difficult to
meet its outstanding obligations.
Arrears in excess of $4,000 are out
standing but consumers owing the
water department are not being
forced to pay now owing 10 the scar
city of money and low wages. As a
result the water board last night
made a request from the aldermen
that a temporary bond or note in
anticipation of payment Of these
arrears for $4,000 be issued, the
proceeds of which are TO be deposit
ed in the water account.
A resolution by Alderman Albert
G.. Waters authorizing the issuance
OF S25,00O interest deficiency bonds
was introduced and passed with the
affirmative votes Of all except Al
derman Clark who passed. He main
tanned that it was poor business on
the part of the aldermen TO take
such action and said it was a poor
showing of business ability on the
part of the water commissioners.
Members of the water board, he
said, knew that they were going 10
lose some of their large consumers
when they made up their budget
and should have made sufficient
allowance for such.
Several petitions for improve
ments were received by the alder
men last night. A resident in Rari-
tan avenue, speaking on behalf OF a
committee which attended the
meeting. asked that ashes be placed
in the upper portion of Raritan ave-
nue. from Bingle street 10 Waltrous
/ Lane. He was told this would be
done. He also asked for action in
! improving Bingle street and kroch-
mally avenue. requested that more
lights be placed along Raritan ave-
nue. and also that the water mains
be extended in that section so that
better fire protection would be af-
forded. These requests were re-
ferred to committees for inVestlga-
ton. -
CONTINUED on page ~