The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
$333,531.SO
Available For
School Building
Louis ID. Champion, Board of
Education Solicitor, Reports
Bonding Capacity
HIGH SCHOOL WILL
BE STARTED THIS YEAR
Board Members Declare Ac-
ton Will Soon be Taken to
Select School Site Dr. Con-
over Reelected President.

VVC AN-CtcCtcu IIcSAucItt.
No decision as TO the location
nor the amount ofmohsy they will
invest in the new high school that
is planned for the city has been
made by members of the Board of
Education, which recognized for
the year when it met in the office
of Supt, S. M. Horstick Tuesday
evening.
However, step in that direction
was taken when q communication
from Solicitor Louis d. Champion
regarding the amount of money
they can raise through bonding
issue was read.
The amount is 33.531.8O. This
sum is six per cent of $10.175,530,
the taxable valuation of the real
and personal property in the city,
minus s277 900, which is outstand-
ing in school bonds at the present
time.
In his report, Mr.. Champion de-
clared that the school laws made
possible. with the concurrence of
the legal voters, issuance of bonds
to nine per cent of the taxable
valuation, which would authorize
bonds to be issued to the sum of
$633,797.70.
AS the school law containing this
provision has been amended since
its passage in 1923, the solicitor
said he believed it doubtful if the
courts. in event of litigation. would
uphold the city if it should desire
TO raise that amount.
DIR. Charles H. Conover. appoint
ed again to the. Board for al FIVE
year term by Mayor Charles f.
Jackson, was again elected presi-
dent as the Board reorganized.
There were no changes made in
any office, or on any committee.
Neil S. Campbell was elected
vice-president. The board appoint
ed Mrs. Carrie J. Smith secretary;
Webster Price, custodian of school
funds, and Louis D. Champion So
licitor.
The following committees were
renamed by President Conover:
Finance, Ralph Sanders, Neil S.
Campbell, Mrs. Margaret whitman;
teachers committee, Mrs. Whitman,
L. r. Smith. Sanders; building, l..
r. Smith, Sanders. Campbell; grie-
vance, Whitman, Campbell, Smith;
truancy. Sanders, Campbell, Whit
man; books and supplies. Smith,
Whitman, Sanders; board of school
estimates, Campbell and Sanders.
A resolution was passed adopt
ing the following budget for the
years 1927 and 1928: Current ex-
pense, $105, 200; repairs and replace
ments. $4,000; library. $3.50: man
ual training, $4,000. The total am
cunt which the city will have to
appropriate for the maintenance Of
schools will be $129,750.
Board members realize the need
Of the new high school in the city.
and declare that such building
will be started sometime this year.
However, the financing, location
and plans are as yet unknown
The solicitors report on the
bonding issue follows
mo amount in excess of three
per cent of the taxable valuation
of the real and personal property
may be appropriated. except with
the consent of Common Council,
and that the total amount of bonds
issued, including bonds heretofore
issued and not redeemed shall not
exceed a sum equal to six per cen
tum Of the taxable valuation of the
real and personal property In the
school district, unless the legal
voters, at an election duly called
and held. authorize bonds to be is
sued not exceeding nine per cen
tum of such taxable valuation.
Continued on Page A.
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