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Waterloo Evening Courier in Waterloo, Iowa

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Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

Apr 23, 1926

Page

15

Traer Bonds Paid Ahead of Maturity Amid Plant Debts

In Traer Iowa on April 23 officials report the city's total indebtedness excluding a $77,000 school debt stands at about $86,600. Of this heat and power bonds total $60,000 while the municipal electric plant handles the principal and interest on $48,000. Since 1919 the plant debt has been reduced by $12,000 with bond issues and overruns tied to electric plant acquisitions and a coal strike. The third bond issue of $12,000 issued in 1921 does not mature until 1923. The plant has met all bond and interest payments on the remaining $50,000 since 1928. Water and street bonds and overdrafts are discussed with transfers to balance funds and tax apportionments to cover expenses.

Traer Elecc Tric Town Railways& Light Co Tracr Hends

City improves funds to pay off bonds May first

Nearly the entire $2,600 May 1 bond debt can be covered by the city improvement fund, stopping interest from that date as the city council has voted. Lyon county votes June 7 on withdrawing from county supervisors the right to issue more than $1,000,000 in bonds. The bond issue proposal to annul the earlier plan has been submitted.

Momeney Tony Row Rock Rapids Lyon County Dane Eith

Tama Cancels Fourth of July Celebration

Tama Iowa officials plan to use the July 4 fund for road propaganda and maintenance projects, citing greater benefit to residents. The Tama Commercial Club votes to call off the town’s traditional Fourth of July events in favor of road work and community improvements.

Tama

Tama County road plan scrapped for education campaign

The Tama County vote rejected the proposed plan and redirected effort to an educational campaign using a Motley group to promote the road improvement program. An April 23 note reports Reinbeck Indiana coverage of a high school operetta drawing praise for its scenic effects and the combined boys and girls glee clubs.

Ela Tama County Reinbeck Hut School Jplay Direc

Miss Larsen Crowds Gather for Notable Occasion

A large crowd attended an event marking the selection or appearance of Miss Larsen, drawing broad local interest and public participation. The scene suggested a festive or ceremonial atmosphere with notable local figures present.

Miss Larsen

Court reduces sewer levy in Elaine Park case

Judge E. B. Stiles ruled on the Elaine Park sewer project appeal approving a corrected assessment of 300 dollars. The prior report misstated the amount, with the original 260 dollars later raised by 40 but the judge fixed 300 as proper, lowering the levy by 60 dollars from the erroneous figure.

Sweeney Elaine Park E. B. Stiles Courier

Mellon Opposes Memorial Coinage Expansion

Washington April 23 AP Secretary Mellon opposes further authorizations for memorial coins. In a letter to Congress he protests that government money should not be commercialized by non government agencies selling special coins at higher prices. Two new coins will honor the Sesqui Centennial in Philadelphia and the Bennington Vermont battle with design of President Coolidge. Mellon cites failures and rising counterfeiting risk in non government coin ventures.

Washington, D.C Apjj Mellon Congress Coolidge Enterprise Vone Ress

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