Wilmette Life (Wilmette, Illinois), 25 Jul 1935, p. 8

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it as yi lbEleventh and Central left juyO, s for a seven v France, and 4~9S I p~aff. rnrn~ - eL PRICED AT $69? Less aliowance for your old range-$5 Y..on.,$64.50 create a dandu fouusr water revenue obligations, the Village board through its finance committee, of which Trustée' Herman G. Seely and Porter Fox are members with. Mr. Love, sought the opportunity to realize any possible savings, for the Vlae Their efforts started in this direction nearly one- year ago and were greatly handi- icapped at the outset, by' the absence of a suitable act through ýwhiicb the rerfunding could be accomplisbe 'd, even though ýthe 'outstanding 5, per. cent certiiicates were clearly redeemnable under the terms of -their contract. While the, usual course of the Vil-ý lage board would have, been te invite severa l bids 'for the sale of the fiew issue, the difficulties, in t his direction were obvious .in consideration. of the small size of the issue and tbe lack of appropriate legislation. ýTbrough the prompt action of t he Illinois legisia- ture and' an option agreement with the ban kers, out of 'which the- pro- posai to purchase the new issue was presented and accepted at last Thurs- day's meeting, a solution to the prob- lenm was effected. 11 Advantageous te KeuiIworth The board regards, the contracrt which it bas accepted as being ad- vantageous to the iinterests of the' Village since it is saved the possibility of duplicate interèst charges by being, able to date the new issue at the time the old one is retired, is under no expense for the preparation of the new bonds and assumes none of the legal expense in connection with the new issue. On behiaif of President Harrison whose work in San Diego will permnit Jiini to returni soon to Kenjlworth Trustee Love expressed an apprecia- tion of the efforts flot only of bis associates- on the finance commîtitee. Trustees Seely and Fox, but also of the work of Trustees Harold F. Tide- inait and Henry G. Zander, Jr., o f th e >water comfmittee, Trustee- Richa rd-C. Johnston, Vil lage Attorney Vernion Loucks and Village Manager F. 1'. Streecl, whose- cooperative efforts 1141 Central Avenue -o- Gilbert Osgood, 423 Essex road, Kenilworth, left Thursday of last week to'spend his vacation with.bis mother -at their summùer, home in,-Lin-, coInville, Maine. -1~r i I pMm I E

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