Show IdAN nJi oiooi Board Education Play Borrow Bor-row 20000 I PLAN FOR VOTE OF PEOPLE Taxpayers of the City to be Asked to Approve the Proposition to Borrow Bor-row Enough Money to Keep the Schools Running Wino Months Present Resources Only Sufficient for Eight Months Board will not bo Required to Pay Interest on Loan Within the next few weeks the residents resi-dents of this city will be given an opportunity op-portunity to vote upon the question of keeping lie public schools open for the full term of nine months In order to do I irimi ho Board of Education will bo compelled to overdraw Its bank account ac-count to the amount of at least 20000 as time available funds on hand are not sufficient to meet the expense of more than an eightmonths session otherwise other-wise The Finance committee of which Simon Si-mon Bambergcr Is chairman has already al-ready considered the matter and will recommend to the board at the next meeting that It be authorized to secure the overdraft and keep the schools open for the full lorm If hc board views the matter In time same light as the committee which It doubtless will amusements will then bo made for the citizens to vote upon the proposition It Is proposed to establish a polling place In each municipal precinct and Invite the people to express their preference pref-erence Chairman Bambcrgcr says that the board will not be required lo pay Interest In-terest on the overdraft and he predicts I that the Increase In real estate values will insure a much larger revenue from I taxes this year than was derived in 1899 so that the money can be readily returned |