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Bessemer Common Council approves 15000 borrowings for 1949 operating costs
The Finance Committee reports claims for payment and the council votes to borrow 15000 in anticipation of operating tax receipts for the year ending September 30, 1950. The notes bear interest not over 5 percent, dated January 4, 1949, due October 4, 1949, and irrevocably pledged by a tax levy for 1949-1950 to repay the loan and meet payrolls and obligations.
MENTIONED IN THIS ARTICLE
Bessemer
Ma Council
Kulasavicz
Sophie
Muniout
Municipalinance Commission
Municipal Finance Commission