The North Mississippi herald., October 06, 1922, Page 3, Image 3

About The North Mississippi herald. (Water Valley, Yalobusha Co., Miss.) 1888-1929

Image provided by: Mississippi Department of Archives and History

                
CITY MAKES GOOD
FINANCIAL REPORT
City Finance In Better Shap<
Than for Years—Appreci
able Reductions Made ii
Property Tax, Also Watei
And Light Rates.
The City makes a comparison fi
nancial ^statement, beginning witl
1920 and closing Sept. 30, 1922
During this three years property taj
rate has been lowered and consider
able substantial improvements hav<
been made by the City.
Mayor DeShon and the Board ol
Aldermen are to be complimentec
on the excellent showing made dur
ing their administration, and made
too, during a time of general busi
ness depression, labor troubles, anc
part under inflated prices.
Chairman Moss Makes Statement.
j To the Citizens and taxpayers oi
Water Valley, Miss.:
In the office of the City Clerk oi
Water Valley there is a minute
( book kept by the clerk in which i:
recorded each month a copy of the
(City Treasurer’s report. This re
port shows all the money receivec
by him and credited to the differ.
I ent accounts of the City, as we!
as all money paid out by him or
Mayor and Aldermen. In this min
ute book is also recorded a complete
,copy of the proceedings of the Boarc
of Mayor and Aldermen which is
open for examination to any citizer
I who wishes to avail himself of the
.*-—
opportunity of examining these min
utes. Should there be any matter
i at any time, which you would like
to investigate the action taken, you
are cordially invited at any time to
call op the clerk and ask for this
! record.
Your finance committee would
1 especially appreciate any one who is
interested to call on the clerk and
look over the financial statements
for the last fifteen years and ascej
i taift if this statement which is pub
lished as of Sept. 30, 1922 is not
the best one that has been presented
during this length of time.
For comparison, the figures shown
on the financial statement for the
year 1920 has been shown. Please
note that on Sept. 30, 1920, the
cash balance was only 15.73, and we
owed individuals $1500.00, as well
| as money already borrowed to the
I amount of 10,000.00 and still had
practically four months to run be
fore taxes would be paid in. The
Board of Mayor and Aldermen of
1920 anticipated that it would re
quire at least $10,000 more to run
1 the City for this length of time and
i as this practice had been going on
; from year to year, decided to get
the City’s finances out of politics
and put the mills in a position to
pay as we went, thereby making
, City warrants par when presented for
payment. The mills were therefore
placed at thirty eight mills and all
of this back indebtedness in bor
rowed money was paid when the tax
es were collected.
The new Board of Mayor and Al
dermen adopted the same policy as
the one which had just retired and
.1 IIIIMMMMMaMMaaMMMMNMMMMMMMI
while they were able to reduce the
mills eight mills in Sept. 1921, still
prices in commodities used by the
City had. not dropped to where the
City could be financed with anything
less than thirty mills and this levy
was fixed for the year 1921, and on
Sept. 30, 1921, we had a cash bal
ance of $5,937.61 and owed no bor
rowed money to either individuals
or banks. You will also note from
the statement, that the first dollar
that was ever paid on the bonds of
the Water and Light plant since it
was built was paid in the year 1921.
All of the bonds of the City are now
in serial form and each year the
principal and interest and also sink
ing fund. For the year 1922, the
rate has been placed at twenty-two
mills, which, with the cash balance
of $22,658.99 should enable the new
board to make a financial statement
' equally as good as the one shown as
i of this date. In another column of
this paper will be shown a state
! ment of the mayor, which will show
a new pump installed in the power
house, cost in round figures 5,000 00
and a new engine cost installed, $10.
j 000.00 together with other improve.
ments which have been made, all of
j which will be paid for before the end
of the year, the new engine not liav
, ing yet arrived.
We do not wished to be placed in
the spirit of doing any bragging
as to what the board has done, but
j we do point with pride, everything
| considered, to the financial statement
as of Sept. 30, 1922.
A. W. MOSS,
Chairman Finance Committee.
I COMPARATIVE FINANCIAL STATEMENT CITY OF WATER VALLEY FISCAL YEAR
I 1920^1921^1922. J
1920 1921 * September 30, 1922 j
Account— Balance Balance Receipts Disbursements Balance j
Dog Tax 10440 10800 10440 10800
General Expense 45522 1211232 Overdr’n 1579884 1655021 1286369 Overdrawn
General Improvement 132927 608941 327676 800795 135822
Interest 23610 49090 655463 600016 104537
Lights L02151 . 452154 2623552 1927054 1148652
School 432689 749294 2785977 2855841 679430
Side Walk 18317 O’drawn 23292 Overdr’n 4577 20521 39236 Overdrawn
Sinking Fund 340598 406612 491621 411252 486981
Streets 362541 O’drawn 672038 1741043 1206612 1206469
School Build. Imp. 135780 O’drawn j
Water 750261 O’drawn 1120284 O’dr’n 3330085 2390988 1811870’drawn j
Bonds— 1920 1921 1922 Increase Decrease
Water and Light 6000000 5700000 6400000 300000
School (Old Build.) 287000Q^ 2860000 28&0000 • 10000
Bridge 1000000 1090000 ' 1000000 j
Scl. Build, and Rep. 1000000 900000 800000 100000 j
Due Individuals 150000 I
! Due Banks 1900000 j j
Outstanding Warrrants 9478 17106 17106
Outstanding Acct. 477298 459308 53 9335 80027
Total Indebtedness 12506776 10936414 10589335 |
Cash on Hand 1573 -s 593761 226^899 1672138 j
We certify that this report is an exact copy of the figures shown on the books of the City Treasurer j
Sept. 30, 1922.
j F. B. DeSHON, Mayor
| ) A. W. MOSS, Chairman Finance Com.
T. O. GORE, Member Finance Com.
T. Q. ELLIS, Member Finance Com.
Personally appeared before me F. B. DeShon, Mayor of Water Valley, who makes oath that the above is
I a true and correct statement of financial condition of City of Water Valley, Miss. Sworn to and subscribed
before me this October 4th by F. B. Deshon, Mayor.
j S. N. BERRYHILL, I
Notary Public. I
unshaken'
TESTIMONY
Time is the test of truth. And
Doan’s Kidney Pills have stood the
test in Water Valley. No resident
who suffers backache, or annoying
. urinary ills can remain unconvinced
by this twicetold testimony.
J. L. Bray, machinist, 504 Edgefield
St., Water Valley, says: “My back
was in a bad condition and my kid
neys were so disordered I had to get
up "often at night to pass the kidney
secretions which were colored. I had
blinding, dizzy spells and could see
spots in front tf my eyes. Doan’s
Kidney Pills were recommended by a
friend and I used them. Relief was
at once noticeable. I have relied up
on Doan’s every since. I am pleased
to recommend Doan’s.” (Statement
given June 13, 1918.)
On April 14, 1922, Mr. Bray said:
“I have only praise for Doan’s Kid
ney Pills for they cured me of a long
siege of kidney trrouble. I have nev
er had to use Doan’s since I last
gave a public statement.
Price, COc, at all dealers. Don’t
simply ask for a kidney remedy—get
Doan’s Kidney Pills—the same that
Mr. Bray had. Foster-Milburn Co.,
Mfrs., Buffalo, N. Y.
To Cure a Cold in One Day
Take LAXATIVE IIROMO QUININE (Tablet* > It
atopt* he Cough and Headache and work* 01T du
Cob4 F W GROVF'^ signalure on a»rh 4w»a u»
Moved forU.S, Against Rail Unions
■WSHSatt iSSBOB I
IU.S.JUDGE
OAMES H.W1LKER9QM
These men were the principals in the far reaching court action which
granted the United States an injunction against the Rail Un on* They
•re (upper, left to right) U. S. District Alty. Cline, of Chicago*. Ass'L
U. S. Atty.-Gen. Blackborn Esterline and U. S. Atty.-Gen. Harry M.
Daugherty. Below, U S. Judge James H V'ilkerson, of the Chicago
District, who granted the injunction. Attorney General Daugherty claim*
It a move only to prevent interfering with national public utilities. Th*
Union* say they will fight to a hnisk
• i|||||ii|i|||||i||||||||||iii|iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii||||||||||||||||||||||||||||||||||||||||||||| »
5 -A- Chest of Silver •
• Consisting of hollowing Individual Pieces: 8
• 1 SET 6 KNIVES-_6 PIECES 3 TABLE SPOONS—3 PIECES
0 1 SET 6 FORKS-6 PIECES 1 SET SOUP
A 1 SET 6 BUTTER SPOONS_6 PIECES 5
SPREADERS ___6 PIECES 2 SETS TEA •
1 BUTTER KNIFE—1 PIECE SPOONS-12 PIECES •
1 SUGAR SHELL_1 PIECE I BERRY SPOON.. .1 PIECE 0
1 PICKLE FORK_1 PIECE 1 GRAVY LADLE_1 PIECE •
• 1 PIE FORK—.-1 PIECE TOTAL NUMBER PIECES, 45 #
A This is one of the most useful and valuable gifts ever given away free in the
^ city—Think of it—Free! #
• How To Secure The Silver Chest Free *
^ This Chest of 45 individual pieces, all U niversal Plate and Guaranteed for 100
_ years. Beginning on October 1, 1922 every dollar you spend at our store ei- ^8
ther paid on a purchase or on account,' entitles you to a ticket in the drawing #
^ of the big free gift of the Silver Ches t. Each ticket has the same number on A
it twice and is torn in two, one number is deposited in a box, the other number
a is given you. Ihe box will be kept securely locked until the hour of drawing.
On Saturday December 30, 1922, at 3 o’clock p. m. some disinterested person ®
W will be blindfolded and draw one number from the box—that number will en- A
0 title the holder to the Chest of Silver.
• Trade With Us and Save Your Coupons •
m
! M. E. GOODWIN |
• Hardware And Furniture Sout'a Main Street •
Just Four Years Big!
T7VERY DAY some
thoughtful mother has
a record photograph made
of her Little Tot. You
should do the same.
Children grow up—but
photographs never! How
happy are those mothers
who have portraits that
mirror the ever-changing
sweetness of youth.
Visit Our Studio
D. B. HENLEY
LAND POSTED.
We the undersigned hereby give
notice that our land is posted against
any fishing, hunting or trespassing in
any manner whatever, and any person
caught tresspassing on any of our
lands will be punished to the full pen
alty of the law.
A. A. Johnston
Old j
Shoes j
Made j
New! j
Old shoes are like old friends—we know their good
qualities—we feel at ease with them.
Don’t discard them without bringing them to us for
an inspection. Perhaps a new pair of soles and heels
will put them in tip-top shape again.
Shoes Half Soled, Shoes Whole Soled, Rub
ber Heels.
I have just installed a new $600.00 Sewing Machine
and can do any class of repair work.
All material and work guaranteed.
A. LARSON
West Side City Park Water Valley j
A Remarkable Record.
Chamberlain’s Cough Remedy has
a remarkable record. It has been
in use for colds, croup and whoop
ing cough for almost half a century
and has constantly grown in favor
and popularity as its good qualities
became better known. It is the
standard and main reliance for these
diseases in .thousands of home3. The
facts that it can always be depended
upon and is safe and pleasant to take
are greatly in its favor when it la
wanted for children.