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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.