Wilmette Life (Wilmette, Illinois), 13 Sep 1934, p. 3

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September 13, 1934 WILMPTTi iY~c ISS7UE BONDS TO MEET Né T. OBLIGATIONS High Sebool Board Resorts to Emergency. Legisia'tion to Obtain Needed Funds Action looking to a further reduc tion ln the costs of bhorrowing mone because of delays lu tax collection wvas taken by the board of educatici of Newv Trier Township High scbo. at its regular meeting Tuesdav eve fn.Heretofore borrowings have beec prîrnarily through the medium of taý anticipation warrants, which becaus( thev have no definite and fixed date o mattnritv. have been difficult of salt in ttùnes of financial stress and liavi re<jirtedl higlb interest rates. Last spriîî the Iiigli scîlool b)oardl set the patteri for r b îvcr interest costs on the nortf slire bv selling warrants onI a 5 per- cnt iiisteacl of a 6 percent hasis. 'l'lie Iresent actioni takes the fori of a pubillic notice that the higli scliol wîlI resort to recent emcergency legis- latlia i and - xill endeavor to finance in p)art tlir(>ngb bonds ýof fixed inaturit%. ivhIcliî lnthe present bigli bond nmarket siihi mld be sold at lower interest rates. Vliis finaincing, it is explained, is not forr tie purpose oft increasing indebtý edîîe,,, but is to meet obligations ai- ready iictirrecl to keep the highi school opeii. for payment ofwhc the board lias iun fnds, due to, litigation o>n assessed valuations, delavs lu billing, <eliii<jencies and other tàx troubles. Anîiits, imaturities. andl îuterest rate, oni the bon>ds xill be determîned at the timie of sale, the saine as if tax anticipation warrants were usecl. If 220 per cent. of. the. legal voters of tlie t4î'wuislip should file a petition ask- in.- tlat the plans to (10 this.type of fluancing be suhmitted to a referetîdui, it %ý-gitld he necessarv to bold an elec- tion <)n the question, otherwise. after fo rmna]l notice, the board Nvoul(I pro- cee<ilte (Io the financing. Coast, GJuardsmen Rescue Four fromi Capsized Boat Xilnette coast guardsmen rescued tliree voung men and a woman early last Friday morning %\-len the small sloop inl% ,hich thev had put out from Xinette harbor capsizecl in Lake Michigan abouit a hundred yards off shore. The four persons rescue(l were Robert Hall, 20 years old, 1515 High- ]andl avenue, owner of the boat, the Nor'easter: Bruce Ellison, 18, of 1221 Lake avenue, and Edward Noble, 22 years old, and bis wife, .Angeline, 20. of Kalamazoo, Micb. Lookout E. R. Hudson of the coast guard, station watched the Nor'easter as it sailecl out into the lake about 5 o'clock lu the morning. He saw~ it capsize and a rescue crew '%vas sent out immediatcly. Ellison andl Hall were found supportinig Mr. and 'Mrs. Noble, who were here on a honevmnoon trip. "Mrs. Noble could îlot swim. Hall is employed by 'Ljovd* Hol- lister Inc. Ellison, who plans l0 enter Northwestern uin.versity th is faîl, is a, son of E. J. Ellison, Chicago civil engîneer. Noblq, a garage ownier, is Hall's cousin. Aý new mast is to be put on the Nor'easter next week. The ôld mast was broken while the boat was being toived out of the breakers. RETURN TO SHORE Dr. and. Mrs. Herbert L. Willett. 319 Cumnor road, Kenilworth, have returîîed froni their summier home at Pentwvater, Mich. I SPEA KER ('li S. Hanna, editor of the Chi«('l ,q Journal of Coll nuerce, a(ltliitv o1,ecolzopnic and financial subljî'ct.ç. aiil address the Constitu- (w, la ' tinq ci!t the Stol/' school aluitrjun i i lin,'uc Jlondav î'Z 'ru i *îqil. SePtember 17. the' coin- 'ii'itv ,01'St'l,-Z'aulcC' of Co<nustitut ion [Vec s'R'pousorc'd hY the A.lnurican George Scherzer. Named Commander of Legion Po st 46 t George F. Scherzer, 2135 Thornwood avenue, %vas elected commander of \\Wilmette Post No. 46, Amerîcan Légion, at a meeting of the post Monday night. fMr. Sclberzer, who succeeds D. J. L. Walther, lias servcd as chairman of the l)osts patriotic clebrationîs comn- *mittee. Other officers elected were: John W. Costello, vice-commander; Fred M. Coxon, seconîd vice-commnander; Edwin H. Drewes, finance officer, and Robent C. Forster. sergeant-at-armns. * Name Delegates Arami K. Mestjian aîîd George Stone wene nanied directors. David C. L.each 1. as chosen as delegate to the. Cook icounty counicil of the I.egioîî and Fred R. Baker as alternate, D. J. L. XVal- ther wvas elected delegate and George E. Leal 'alternate to the Seventb dis- trict. 1). E. Allen, Jr., and 1-arnv Flentye, Jr., were chosen to serve on. the btîild-. ing f und committee. Installation October 2 joint installation of the officers of Post No. 46 and its auxilianv will take place on u 'esday', October 2. it wvas annouinceci this week. EX41BITS PAINTINGS Miss Irma A. Keehu, 125 Haw- throrne avenue, Glencoe, bas a portrait in oils in the AII-Illiniois Sociêty of the Fine Arts Century of Progress exhibit for 1934 at the Stevens, hotel. She also. is rep resented by paintings lu the AII-illînois exhibitions at the *Drake and Congress hotels. SEND US A PICTURE If you bave an unusual photo- graph of the babyr-of..cbildren at play-of family pets-of individu- aIs on groups-in commemoration of important events-of local bis- tonic value - of old-time residents or scenes-pass it along to Wri- r.'r1TE LIFE and if it is publisbed we will pay you mie, dollar and re- turn the picture lu perfect condition. Ji - A 1 Lr Z Oppse Withholding of FundsDue Muncpality Among Life 's Economies WE OFFER THE OPPOR- TUNITY TO SAVE 20 P'ER CENT ON Ctassified> Advertising IF AD) IS PAID B-EFORE THE PAPER GOES TO PRESS. TO HAVE VOUR AD IN THE NEXT ISSUE 0F TH-E Wiimette Life PHONE ADTAKER, WIL- M ETTE 4300, NOW AND STOP AT THIS OFFICE BE- FORE> 9. P. M. TUESDAY. 1232 CENTRAL AVENUE. SHOULD YOU WISH THE CASH DISCOUNT. Cleaning Plant Workers Tour North Shore, Towns More than ýusual interest was attached to the dry cleaning business in the north shore villages this weelk when a motorcade of several bundred locked out union workers f roui Evanston and Chicago paid. friendly caîls on various cleaning establish- ments to prevent, if possible, any traf- fic ln Evanston or Chicago cleaning business. With few exceptions, north shore plants that serve the Evanston and north side Chicago area, have re- frained from collecting work there during the period of the lockout in the Chicago Dry Cleaning association area which includes Evanston but liot the towns farther north. The tourîng workers were intent upon determining that no work should go out of Evanston and Rogers Park until such tume as a new contract can be arranged with the Chicago associa- tion, establishing prices which wîll make it possible for the cleaning plants to meet the new higher wage allowed the workers ln the Chicago district. Household Girls Invited to Get-Acquainted Party Through the International Social club, the Young Women's Christian association is extending an invitation to girls-especîally those who have just corne to the north shore seeking position*is as household emploees- to atten(l 'a get-acquainted party Thursdav e%-cing,.September 20, ati 7:45 o'clock ii.) the comimunity housei of tlie First Nlethodist church, cor- ner of Church street and Hininan avenue, Evanston. The program -_of the international Social club includes -Sée our City" trips, dramatics, club suppers, health education, parties. dances' and in- dustrial ani(l educational features sucb as current events discussions. 1These projects are open to everyt girl who woinld like to have a goodr tune, it is anntouîîced. -Come and1 bring a frieîid, or if you are a strangert come and make friends," is the slo-a gaxi of the club. I Procedure CalIed Illegal Trhe County collector of Cook county, during these past few years. has withh-eld from the special assess-. ment money collected by him for the cities and villages an amount equal to fiftv cents on each special assess- nment item which has been certified to hlmii as delinquent, ostensibly to cover the expenses. incident to advertising and otherwise preparing for the tax sale on these, items. There is ho specific authority in the law for hini to do so. The general expenses of the collector's office are provided for by the County board, out of taxes levied for the support of the county offices. The costs incident to each delinquent special assessment are prescribed, bv law, and must be paid by the property owner when he re- cleemis bis land from the sale or for- feiture. But there is no authority for the County collector to keep.back. out of the assessments paid in by the p roperty owners who do, pay, the -fiftv cent item" for each delinquent special assessment certified to hlm. Nevertlîeless, he continues to do so. Bondiiolder Muat Wait- This means that soine of the money. which 'shouldgo to pay off outstand- ing special assessment bonds is liverted to the payment of tîhe County collector' s office. It may be paid back at some time in the future, when lhe property in question is redeemed, but ln the meanwhile the bondholder must wait for bis money. Even general tax money, levied to pay for police protection, street main- teance and other services rendered by cities and villages to their resi- dents, is sometimes withheld for this purpose, if the am 'ounts paid in on (Continued on page 39) tg b d pD September 13, 1934 WILMETTE, LTIPIP Assert County Coliector Un- lawfully Holds Back Special Assessment Bond Funds By Thomas A. Matth.ws (lirecutive Secretary, Suburban Area and, Country Townis Association of. The already comfplicated a n d troublesome tax situation. in Cook county bas. been furtber aggravated during the past few years by the ac- tion of the County collector lu with- holding-:-witbout specific autbority to do so-thousands of dollars which were paid ini for the retirement oi special assessment bonds, and using the money for the payment of the expenses of his own office. The Su- burban Area and Country Towns Association of Cook county, an or- ganization of Cook county municipali- ties outside Chicago, is now actively opposing this practice. Annually, on or before the first day of August, each city or village col- lecton in Cook county must make a return to the County Collector of al special assessments then due and un- paid. That official then proceeds to advertise the sanie,. and to secure judgment of sale against the property affected if the assessment is not paid before the date of sale. fit recent years there bave been practically n buyers at tax sales lu this county, sa that almost every tax sale for delin- (luent special assessmeîîts results iu eithen the withdrawl of the property from ýsale 'ôfr lu the forfeiture of tîeý propenty to the state. As a result, it is seld'on that any money comes in at the tax sale to be available for the payment of the cost of advertising the sale and of the other expenses inci- 1 1

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