Evening star. [volume] (Washington, D.C.) 1854-1972, 1941-06-04
Bond Purchase
Bid Accepted
In Montgomery
New Issues to Bear
Average interest
Rate of 1879
b. a staff correspondent Of rae star.

by ctdIl correspondent OF J. ne Stdr. 4.
ROCKVILLE, Md, June 4.-The
Montgomery County Commissioners
yesterday accepted a bid for pur-
chase of 100000 worth of refunding
bonds which will mature over a
50-year period. K
The bid of Phelps, Fem & Co. OF
New York and associates was ac-
cepted as the most favorable to the
county of nine proposals submitted.
County Auditor Alexander z.
Hancock said the average interest
of bonds refunded amounted TO
$l8,458.75, representing a rate Of
more than 46 per cent. The new
refunding issues will bear an
average rate of about 18 per cent
annually or require an average an
nual interest payment of S7,29204.
The new issues will afford an annual
reduction of s11,16671 in interest
charges, Mr.. Hancock said. 7
Anticipate Tax Collections.
The commissioners authorized
Richard H Lansdale, clerk, to adj
vertise for bids from local banks on
the purchase of S150000 worth OF
tax anticipation certificates to be
repaid within a 90-day period after
July l, and also to accept bids on
$4,000 worth of temporary street
assessment certificates for 'front.'
footage benefits.
The sale to the banks is made
necessary because of failure to re-
ceive State tax allotments to the
county which are necessary to COM
plete the current fiscal year ending
June 80, it was explained. More
than SO per cent of local taxes have
been collected, Mr., Hancock said,
adding that the amount of the GER
tifcates authorized is between so
per cent and Is per cent of antici-
pated uncollected revenues, he
stated.
The commissioners accepted the
bid of the Rockville Motor Co. to
supply four police cars at $3.50 each
the lowest of six bids. j. Larch &
Co. was awarded a contract on its
bid to supply pistols and blackjacks
and S. Livingston & Sons was
awarded a contract to supply uni
forms and other equipment for ls
additional policemen to be appointed
after July l. Both firms are in
Washington.
Zoning Changes Requested.
Six rezoning requests we're pre-
sented and Mr.. Lansdale was in
structed to advertise hearing dates
which are to be announced. They
included the request of Edward A.
Keys, owner, to rezone from residen-
tial A TO commercial D lot in Bat
terry Park on the northwest corner
of Old Georgetown road and Del Ray
avenue. The Maryland National
Capital Park and Planning Commits.
sion declined to recommend action
on the request until after public
hearings.
P. Blair Lee. owner, requested a
change from residential c to COM
mercial D on all of the land on the
north side of Eastern avenue east
Of Newell road to within 80 feet of
the south side of Kenneth street and
AUDITING the existing commercial
zone. This was approved by the
Park and Planning Commission.
James w. Gill, attorney for the
estate of John c. Wilson. asked a
change from residential A to C Of
four lots on the north side of Geor-
gia avenue between High and Spring
streets. The Park and Planning
Commission declined to recommend
action until after hearing.
Mr.. Gill, as attorney for the Coun-
trySide School, also asked a change
from residential A to C on a tract at
Georgia avenue and Luzerne avenue.
The Park and Planning Commission
also declined to recommend on this
at present.
Road Improvement Asked.
Mrs. Lille Lewis asked to rezone
eight lots on Carroll avenue between
Flower and Central avenues. Takoma
Park, from residential A to B. The
Park and Planning Commission APP
proved the recommendation.
Roger J. Whiteford, owner. re-
quested a change from residential
A to C on nine lots in the resub-
division of lots l6 and II of the e.
Brooke Lee Second Addition to Sill
yer Spring. Also as owner, Mr..
Whiteford asked a change from
residential A to industrial E of
three lots in the same area, and, as
agent, he asked a change of an
other lot from residential A to
industrial E in the area. All of
Mr.. Whiteford's requests involve
tracts on Apple and Maple avenues,
Fenwick lane or Bridge street.
The commissioners received
petition from w. P. Hargitt of
Boyds and 1873 other residents ask
ing for Improvements to the road
between Barneville and Blocktown,
a distance of about miles. The
board took the request under adj
viSement.
Upon recommendation of Joseph
A. Cantrel, counsel to the board,
the commissioners declined a re.
quest for tax exemption on prop
erty and structure at 44I6 East
West highway being lived in by the
Rev. William George Dram of the
Disciples of Christ. Although the
applicant said services are held on
the premises, Mr.. Cantrel declared
the law will not allow the exemp-
ton because the place is not used
exclusively for nlIblic religious MIR.