The Farmville herald. (Farmville, Va.) 1957-current, 1959-11-17
Find Funds For School
Insurance Or Borrowing Unnecessary
Existing Resource
Available, School
Board Informed

Because of existing resources
available to the school board, the
Prince Edward county board of
supervisors Fri d ay declined to
make an appropriation or authorize
borrow ing to pay insurance
! premiums on public school build
ings in the county.
Supervisors were acting on a re-
quest from the school board for
such funds. together with others
totaling S27. 500 The no-fund resolu-
ton by the governing body, how
ever, referred specifically to in
surance premiums since that is the
most immediate issue.
After hearing school board
delegation of L. E. Andrews, chair
man, superintendent T. j. Neil
waine and @. w. Fitzpatrick, school
board attorney. the supervisors
passed the following resolution:
1T appearing to the board of
supervisors that the school board
has resources to pay insurance
premiums. the board of supervisors
refuses to appropriate or authorize
borrowing for that purpose
Said Necessary
In its request resolution. the
school board had also asked for
funds to pay salaries Of the super
lntendent. the school board clerk,
salaries and mileage due school
board members. and maintain and
condition school property. The
board had written that it considered
these appropriate and necessary !"
The supervisors based their de-
clslOn on facts stated by w. A. Wat
son. Farmville insurance agency
owner, who accompanied the school
board delegation. Watson, whose
agency holds some of the school
building policies, acts as broker and
Spokesman for the agencies hold
ing fire insurance policies on school
property
On questioning by Common
wealths Attorney Frank N. Wat
kins, Watson said that the county
would be due a $l6.576 refund if
the present five-year alternately ro-
tating policies. approximating 81
0W. 900 IN insurance, were Cancelled.
To renew in the same amount on
a one-year basis for all policies
would require about S7.747. Watson
said. The insurance executive also
pointed out the county would have
TO pay additionally about SIS. 800 for
vancacy endorsements attached to
the old policies and now due.
Could Get Refund
The school board could pay for
both the one-year renewals. plus
the required vacancy endorsements,
totalling together 1884, from the
Sl6.576 refund due from cancella-
ton Of present prepaid policies.
Watson advised against cancel
lation because Of the 1896 annual
savings accrulng to the county on
its present insurance plan Of five
year staggered premium payment.
He also said he could not guarantee
that companies issuing the policies.
through the local agencies, would
renew on a one-year basis under
existing circumstances.
Watkins. the supervisors legal
counsel, has consistently advised
tic governing body against an
school appropriations. He has main
tanned that any such might serious
~ weaken the county's case in any
subsequent school litigation in fed
eral courts.
Peoples Wishes
The Commemorative attorney
cautioned supervisors that any
prccipitatc step" now might le-
gally undo every precautionary step
taken over the past five years. and
based on the expressed wishes of
the people Of this county"
Since the school boards October
5 fund request the school build
inss have been "winterized''. or
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