The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1925-04-02
INTEREST In CITY
ELECTION PICKS Up
FOUR CANDIDATES FOR THREE
ALDERMEN VACANCIES WILL
MAKE RACE TUESDAY
ALL ARE HIGH CLASS MEN
POLLS OPEN 600 A. M. CLOSE AT
300 P. M.-CITY'S FINAN-
CIAL CONDITION

Interest in Sank Centres forthcom-
ing City election perked up a little
saturday when Harry F. Schmidt. the
1--we wire manager of the Swift and
GO. plant in this city filed as a candi-
date for alderman.
Schmidt hat into the ring there were
only three filings for the three Va
cancles on the City Council. Aldermen
oonn "A. Brown, dean of the Councll,
ana PRESIDENT c. E. Bohall, mad de-
chned to allow the use of their names
Tor another term. G. D. Cass who is
fnlshlng his first term with a splendid
record Tor service decided to again
oifer his services to his CITY and
nied. A. &. Salmond and Frank Pane-
ourn, two high type business men.
had oeen persuaded to allow the use
OF tner names for the two va
cancles and filed earlier in the week
IL is rare, indeed, that Sank Centre
mas the opportunity to select three
councllmen from as high type men.
| The election will be held Tuesday.
April 7th. The polls will be omen
from 600 A. NJ, to 800 P. M. The
citlzens of the First Ward will vote
at the Armory on Third street. first
moor; Inc polling place for the Sec
ond ward will be in the Fire Depart-
| ment room on the first floor of tbe
street. ihe
On page three of this issue If tbe
Herald will be found the ANIMAL Fl
nanclal Statements of the Civ of
Sank Centre, the Water. LIGHT and
board. Hiorary
The statements discloses the fart
tiat each OF the departments of the
nand. There is $11,385. GA in the
uenefal fund of the city and with the
amounts in the various other funds
make grand total of $14,395. Sc.
In July this year the city of Sank
centre will pay $4,000 in bonds is.
sued 4O years ago to aid in the con.
structlon of the Northern Pacific rail.
road through Sank Centre. These
ponds were refunded 20 years ago al
decreased rate of interest. There is
ample funds in sinking fund to nav
tnese bonds without causing any adj
dltlonal burden upon the people. Dur.
ing the life of this bond issue the
taxpayers OF Sank Centre have paiC
considerably more than the face val
ue OF the issue in interest.
The report of the Water, Light ane
rover Commission shows that the
gross receipts for electric current
meter rentals, merchandise and labo,
sold is $48,781.53. Of this amonnr
the st. Cloud Water Power Com
pany were paid S16,17O.OO. Durin.
tne year $16,911.68 was set aside fo1
plant depreciation and to care1for in
Ierest and bond payments. ACCORDING
10 the report the net earnings of thu
light plant for the year ending Marcl
81, are $14, 1895.
The statement of the resources an,
liabilities of the light plant Mac
the valuation of the property at S1O6
ll7.75. Against this amount ther
are White Way and plant bonds +
J the =; amount of $4,000 outstanding.
Inc water department receipts TO
! Inc year were S12,541.71, with a ne
! earning of $4,000. rs. The total re
sources of the water plant are Sill,
: oo5 81 The bonded indebtedness
is S100,O00.00.
AL the close OF the last fiscal veal
March 81, 1924, there was an over
draft of 1928. "a in the Librar
: fund. At the close of business Marc
i 81, 1925, there is balance on han
: of S763. Al.
e A close perusal by the taxpayer
d of the above statements will disclos
r the fact that the city's business al
f fairs are being capably and honestl
managed.