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Show Lack of Funds May Force Iron County Schools to Close (From Prarowan Times) Shall the Board of Education of the Iron County School District borrow bor-row 40,000. to continue- school until the end of the present season or shall the schools of the county be closed now for lack of funds? That is a question which taxpayers of the county must answer at an election to be1 called as soon as proceedings! can be arranged. Since the beginning of school last fall it has been apparent to the Board that if tax delinquencies were as heavy as were anticipated, the District Dis-trict would lack funds to complete the school year without borrowing. But when the two banks of the county coun-ty closed at the last of the year, temporarily tem-porarily tieing up about sixteen thousand thou-sand dollars of the district's funds the necessity for action which otherwise other-wise could have been delayed a couple of months, became an immediate im-mediate one. The Board decided, after a series of meetings, into which they called representative citizens and organization organiza-tion heads, to submit thei question immediately. They propose to borrow bor-row $40,000., which with contribution contribu-tion of two weeks teaching without pay by each of the teachers of the district, ,will be ample to finish the term. n |