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Show 1 w - 4 v . -J . ...... . - . . E:ii:i :.":::t C: lltt, :.zl r. s:.:rt Tcrn T7Ill.Ec ' (: Result. , ' , , , - . The-alt Lake public 'schools will close for(the summer vacation on JJay 4th, to remain closed until the first Honday In September. This decision was reached by the Board of Education, which met In committee com-mittee t the whole last night to dls- cuss the. financial situation. The meeting was held after a. careful care-ful canvass of the condition of the school funds. The Investigation showed that even with the schools closing a month earlier than usual, a large deficit would remain. re-main. ." - - Clerk Moreton 'aa Instructed to notify no-tify all teachers that the schools would close on May 4th. ; The Investigation of the financial situation sit-uation showed that there is now on hand $66,666.45 for maintenance. A note payable, to W. S. McCornlck, for $30,000, is due, and a communication from Mr. McCornlck stated . that he . wants - the money.'- r - -. , . . - . .The deficit, If the -schools are closed on May 4th, -would be $16,024.51, if the note Is paid, while if they remain open l the full term It would be increased to ! $42,195.0L , , The Financial committee will make a further report as to the advisability of 1 paying the note, on Monday. . . . . |