Every evening, Wilmington daily commercial., 1922-03-22
PENN'S GROVE KILLS
PAVING LOAN BILL
Subject Discussed at a Spirited
Meeting Of Borough Coun-
Gil Last Night.

STAR Correspondence Of Every Evening.
Penn's Grove. y. j.. March ga
public hearing on the proposed bond
issue OF s5o.0 .0oo to be used In paving
n number of streets. held before Bor-
ourh Council last night. proved to he
q bomb which exploded the ordinance
and caused an adjournment OF the
meeting until next Monday evening.
a signed protest from number or
property holders effectuary blocked
al power of Council To pass the ordi-
nance. The only alternative is 20
hold n special election within tho next
GO days with the bond issue TO he
voted on.
a state law passed in 1916 pro
,ides that "it within 10 days after
the publication of the ordinance
authorizing bonds OF any borough a
protest ur protests against the issu-
ance of the said bonds shall he filed
with the clerk uf the borough, signed
either by one-third of the governing
body On this case thorough CounCtD
adopting such ordnance or by tax
paycrs representing 10 per cent In
amount Of the assessed valuation OF
such borough whose names appeared
on tho last proceeding assessment roll
thereon. then such bonds shall not be
iasucd unless within 60 days after the
publication of the ordinance propo-
sition for the issuance thereof SHAH
bc adopted at an election To be helu
for that purpose 10y II majority ot the
qualified voters OF such municipality
voting ON such "a proposition.
About $685.. $40 worth Of property
or one-twelfth Of the assessed value oi
the borough. which IS S2.S6O $40. was
represented on the protest. William
y penncy. who voiced a protest, when
the ordinance was first read, March
= presented the petition. saying get
ting the signers was the easiest jo'
Of my nfe" In spite ~ the protest
mos, ~ the 50 business men and prop
ertv owners present spoke in favor at
the bond issue and good streets.
!. L Layton stated that. with th'
exception ~ about $4,000, all th'
property represented on the protcs
wa. owned BY persons living on OF
close 20 Main and Broad streets. the
only two paved streets in the borough
They had the help of the other taN
payers 20 secure good streets IN from
of their property. increasing its Na'ue
and now they are unwilling Ia pay +"
improved streets N other parts oi tn
town." he declared
Charl,s smith. former CouS Sltna'
and unsuCCessful candidate on the Re
publican ticket f,r mayor AZ the phi
mary election last year. spoke In sup
port OF the protest on the ground tha
IL was had time 10 bond the borough
Waiter \ Hunt former borough
clerk. said ne intends 20 question IN
righ: oc Council % pass the bond -
sue on the ground that u would b
Increasing its bonded indebtedness
more than two per cent since 1915
contrary 10 state law passed n ths
year. Borough solicitor Grier will /
present AZ the meeting on Nonda
evening and Will advise Council an
citizen. on the legal phases Of tn
ordinance and protest.
Among the prominent men VIII
spoke in favor of the bond issue wer
william :. Deap, :. NJ. Justice. Fran
j. GaVenta. Anthony Colsntano an
William A. Denney. Mayor Kidd point
ed cut that the tax rate was reduce
y cents this year and that issuin
The bonds would not cause matcvis
increase The bonds were 10 bear
per cent interest and be payable. on
half In FIVE yers and the remainder
ten years.
The Indebtedness OF the borough :
present is s5s 200. from which might
deducted $4,000 outstanding in d.
linquent taxes for the past three year
making a total Z $i9 900