The Cedarville Herald, Volume 31, Numbers 27-52

U \ \ HowMoney Escapes From Taxation, Matte In NonTaxabte Bond*—Why Taxation Amendment Should B* Adopted. Ip response to letters of inquiry about withdrawal of deposits, from Ohio banks to avoid taxation, bankers bavo made answers aa follows: "I do not think that there has been to exceed ten thousand Collars- change. from tho tax aenperaeat la, thin bank this yov, I have, kav/cver, -l!l thC p ost bCvS "CDuhoetcu vrltji institution whereby the withdrawals at tax assessment, time Would aggre­ gate ip the neighborhood of one hum dred thousand dollars. While this Is not tho Information you were looking for, It is along tho line that you are working, and I, like yourself, know tho effect of It, especially In the money centers” ■’As far as wo are able to. judge, we have had no withdrawals. We do not think, that a law to exempt money from, taxation as- suggested In your plan will meet with the approval of our citizens.4’ . "We did sell $17,COO In nonfaxable bond? (Ohio). None of thi 3 money was on. deposit with us except $600. The $17,000 came In from outside: $ 8,000 was taken out of a safety de­ posit box In our vault. I presume this $17,6 0 was changed around to avoid tax." Don’ t bo skeptical about taking dollar bills for 60 cents. Buy the goods you can pay for when the prices lean your way us they do hero. DLXsjpausfA'stoH- according to Universal Dictionary; “ Tho act of ending, conclud­ ing or limiting.” • “ Tho act of determining, deciding or settling.'’ K INNANE ) “ To do tho greatest good to tho greatest number is this store's aim.” ? Temporarily in order to get the benefit of first choice at These goods can not last long at tho Determination Eale, « m * -* *♦ Prieeo are so low duringtln# ‘ 'Determination'’ Hale, wo can’ tglvoextrn toudingstamps Please don’ toxpoct us to do so “ A decision bf a question “ A conclusion or resolution formed.” “ An absolute direction to a certain end.” BROS. COMPANY, SPRINGFIELD, - OHIO. tho low Determination Hale- - Kmnauo Brothers’ prices will work wonders. To give you tho host for the least money is this store’ s aim Every promise mndo in print will'ho fulfilled at tlna store. 10 very item in Ihc store is marked at . a proper price. For W o r J )fc la s t fckati nation M T X / J E T A “The amount of such withdrawals was about $5,000, out of a total deposit of about $118,000- Wish to say, how­ ever, that many of our depositors do not consider it necessary to, reduce, .'their deposit account, simply.content­ ing themselves by falling to list the full amount of such deposits,” “During the year quite an amount has been invested in non-taxable roU-, nlcipal bonds, and in United States bonds. These investments were, in every case, made, to avoid taxes. ,And •other investments are made that are taxable, but not returned. In our town the rate Is ,a little -over 3 per cent. Healty-is-assessed at about one- third to one-fifth of ita value, making, the rate equivalent to about 1 per cent, while money Is taken at its full face, making the rate 'a little over 3 per cent. As long as this lasts money will no,t be returned, and people can not be blamed for not making proper returns. If the taxes were Just and equal, most of it—would- be rettt]med. I think realty should be assessed at about 40 per cent of its true value, and money should be taxed at not to exceed 1 per -cent for any and all pur­ poses, with heavy penalty for not mak­ ing proper returns.” “In our community the rule.is that between January 1st and Aprir 1 st most of the Investments held, such aa dotes and mortgage*, are paid off and reinvested,. During the last.few years this reinvestment has to a, large ex­ tent been in nqu-taxable bonds. I be­ lieve that some revision of our tax laws should be made, and i f I copld be of any service along that line I would he pleased to have you call upon me,” ‘yve attribute it to the desire to es­ cape taxation that $ 1 D, 0 D 0 was with­ drawn from our bank during the week previous to assessment day. QUr aver­ age. deposits are about $115,000. ' “We are heartily la favor of the pro­ posed taxation amendment and hope that it will be adopted." To accomplish in a few weeks, that which under ordinary circumstances would require months. A rad­ ical change is soon to be made at this popular and progressive store, but the way must be made clear, “that is”*Goods .in Great Quantities Must Be Sold-top many here now to accomplish what must be donein a hurry, So we start this sale, and put effect, new and lower prices that will effectively clear the way for the change-radical-which is coming. Its unusual for a community to be favored,with reduced, sensational prices while the buying season is at its height, but Kinhane Bros. Co,, is determined to effect this change-radical- as hastily as possible. The clerks have been busy day and night re-marking and getting ready this and that for closing out at this sale of sales-which begins ' * T h u r sd a y M o rn in g , J u ly 30th. Nothing is reserved as cash and room are wanted==it must==it will come KINNANE BROS. CO. We’ll Relund Your Round Trip Pare on all Purchases of .$15.00 RESOLUTION. BE I f RESOLVED by the T il­ lage Conned of Cedarville, Ohio, . “I beg to advise- that the withdraw­ als of deposits during assessment week and because of the assessment period, was a considerable amount, considering the small amount of de­ posits a small bank like us would naturally have. I would estimate the amount at between $15,000=and $20,- 000 , and I think It is a custom that is practiced ^tiroughout the state, I don’t see why your plan is not a good one" “Our depositn run down during as­ sessment week In each year from $40,000 to $50,000, As our deposits average $300,000, the percentage Would he from 12 tq 15 per cent. "If tax inquisitors are allowed to inspect hank books it might mean ruination, ns it might be impossible to call in enough loans to meet the drain on deposits.. We are therefore very much Interested in having the laws oru taxes adjusted with Justice, and in a Spirit of fairness,” “The Investment of money prior to tax listing day In iion*taxablo securi­ ties, amounts with ua to several hun­ dred thousand dollars- annually," “We had invested In bonds during the month of March for the purpose of avoiding taxes, in round numbers, $S3,0iK).00> about 10 per cent of oiir deposits." . UNIFORM ROUE OF TAXATION IMPRACTICABLE. • Mr, F .-A , Derthlck, Master Ohio tato Grange; My Dear Sir:—I believe that tin- n'f.rm rate on property valuations Is npracticahle, causing deception and Herijfore leading to immorality, and ot as productive a s ;a tax system djusted to meet existing conditions, tato constitutions should leave the olleeUon Of taxes under broad lavto 3 the State legislatures, aided by Xpert tax commissions. Sincerely ours, W, M. Hoys, Assistant Dec* ?tary of Agriculture, Washington, D, Pennsylvania JR xsttv&m Columbus Excursion Next Sunday ' 41 Bound trip?!. Tfoin leave# 8:25 the street*, lanes, Alley* And public places of Cedafvllle, be And the same is .hereby awarded to The Cedayvill* Bight and Power Com­ pany, a corporation under the daws of Ohio, which contract shall be in the words and figures' following to wit; ' i , ; CONTRACT This contract made and entered into this 18 day o f July A. I). I908 between the Village of Cedarville, a municipal corporation under tho laws of Ohio, party of the. first part and The Cedarville Eight and Pow­ er Company, a corporation under, the law* of Ohio, party of the sec­ ond part witnessetli 1 st. In consideration of the cov­ enants of the party of tho first part hereinafter contained and other considerations to said second party moving from said firBt party, said second party docs - covenant and agree with said first party to fur­ nish to the party of the first part not leas than twenty-live (25) eleo- trio lamps for lighting the streets and public places in the Village of Gedarville, at the places to bo des­ ignated by said first party, and a* many more than twenty-five (23) of said lamps and at the same an­ nual rental as. shall be required TrBm time to time by the order of tho Cornell of said Village. 2 nd. Bald lamps shall be arc lamps known commercially aa Standard Two Thousand Nominal Candle-power and shall bo operated at nobles* than four hundred and flfhy (450) wat# per light. 3rd. Bald party o f the first part to have the option to liavo said lamp* operated upon an all night schedule or upon a midnight sichod ulo and may change from ono to' the other Upon tho order of the Council of said Village. The mid­ night schedule shall include service from early evening to 11:80 p. m. (standard time) with morning ser­ vice six month* in each year (Now ember, December, January, Fobru- 4:50 -said lamps shall be out or so de­ tective in lighting power as to fur­ nish practically no light and shall remain so for tile period o f „one (l) hour during the time they 1 should that a contract for the lighting.o f *>0 before provided for, that# shall he deducted from the amount ao to b* paid .said sec­ ond party two ( 2 > cents per hour per lamp for such time a# they re­ main ottt of use! finch outages may be reported to the Village,Clerk by any responsible c-tizon and an ac­ count shall be kept of the same by the said Glork. In case the-parties hereto shall not be able to agree as .to the amohnfc of said outages, the same shall be, Arbitrated by the Mayor of said Village. ftth. Said party of the first pa^t .shall.have the right »t any timo to test tlie power of such lamps by calling in a non-resident electric expert to examine and test tho plant, electric appliances and lamps of said second party, and if the same shall be found below the standard herein fixed, a deduction proportroned to tiio decrease in candle-power may be made by tlio said first party, on 1 th© failure of tb* said second party to bring the said lamp* up to the standard here­ in provided for after five ( 0 ) days notice of such defect. 8 th. Ay. poles shall be set and tho wires strung m accordance with the ordinances nowin force govern­ ing tho same, and the party of the first part shall have the right to change tho location ot any of the, lamps at any time during tho life off this contract by payinc ths a c t u a t , 4 ™ ? S J S , nor tha, ^.CTIO* I. T h .t d»rii,Btho por- sod, of ten year# from and after tho plantwith th* necessary machinery and appliances of the latest and most improved pattern and keep the same in good repair ntall times during the life of this contract. And it&idparly of the second par# doe# hereby agree with said first party #*-enter info a bond is the Aumdf $1500,00 to the approval of the Mayor of said Village, and to be given' simultaneously with the execution of, this contract which bond shall be conditioned for the faithful.performance at all tho agreements and covenants of'this contract by It to be dona And per­ formed, IN WITNESS ‘WHEREOF, The said Village of Oe'darvillo has caused Its name and corporate seal to b* Affixed And tho Mayor of said Village duly authorized has signed the Same and tho VHlag* Clerk has signed the #Arno and The CedarvIlJo Eight anti FOwer Company lias Also signed the same and affixed its cor- porate #«al by Its proper officers duly authorized this 16th day of July A. t>. 1008. J» 11. W olford , Mayor Attest; Jons' G. McConxcELL, v C lerk ! ORDINANCE. To regulate the prieo which Tho Cedarville Light and Power Com pany may charge for electric light during the ensuing ten years. Bo it oruained by the Council of ary, March and April) from a. m. to daylight. "Whichever schedule bo- Used, all night or midnight with morning service aa aforesaid said lamps shall bo operated upon tho Phila­ delphia Moonlight schedule Starting promptly thereafter and continuing to the timd designated thereby for stopping and in addition thereto said lamps shall ho lighted at all dark periods before anil after the timo fixed by said schedule”when, tho necessity for tho same is appar­ ent, 4th. Outage# may bo charged against said party of tila second part, and in s agreed, may ho do- ducted from tlso amount# herein­ after stipulated by tho first party for ouch lighting, by tho. following plan, to wit; In ease one or all of c o s t 'o f *nch change except that said second party shall furnish the Wire necessary for chango free of charge. 7th,, For lighting tho streets and other public places of said Village in the manner and subject to the stipulation# hereinbefore made, said party of the socond part doth hereby contract and agree with the said party of the first part to fur­ nish and- operate Said twenty-five (25) or more arc lamps in Accord­ ance with the above provisions for a midnight schedule and morning sorvico as aforesaid for the annual rental of fifty-four dollar* ($54.00) por lamp or for an all night sched­ ule for the annual rental of seventy dollars ($70,00) per lamp, payable in monthly installments for the full period of teii (10) year# In one of Ciaid rentals (dependent on which OAe i# used) beginning on the 1 st dAy of January A. Jjb 1900 and end­ ing on the Slat day of December 1910, And as further consideration for the covenants and agreement on tho part of said party of the first part, said party of tho Second part agrees during said period of ten ( 10 ) years to furnish eight ( 8 ) lights free of charge for tho Council chamber and engine room ip said Village. Oiii. For the purpose of carrying out ihe provisions of said contract, said party o f the second part aeon hereby undertake and agree to fur- ; nish and fully equip its said light passage ot this ordinance and its acceptance by The Cedarville Electric Light and Power Company eaid Company may charge for tho electric light furnished to tho citi­ zen# or private consumers 15 cento por ltKKi Wats. In case tho amount consumed by a private consumer in any month shall not equal or ex­ ceed 50 cent# p*r month then said Company shall bfc authorized to charge said consumer the sum of 60 cents for Said month aa met(or rent .but said meter rent charge shall be in full of all charges for electric light consumed in said month. If payment is made on or before the loth day of each month for tho preceding month a discount ot cent# p»r loonWats shall bo al­ lowed. The said, The Cedarville Electric i Light and power Company shall furnish all Slight ac'niee to private consumers whenever there is an all night schedule hi foreo and opera­ tion for- lighting the streets anti public place# in the VI 11 ago amt midnight and morning service whenever there is a midnight mid morning schedule In force and oper­ ation for lighting the street# and public places in the Village. And said The Cedarville Light and Row­ er Company shall extend Its lines for ooiumerdul lighting from cor­ poration Hu# to corporation line north, eomh, cast and west and furnish electric light to All private consumers within the corporate limits of the Village' who may de­ sire,the same for- the prices above specified, „ Tint said The Electric Light pmd Rower Company shall in no event duringsaid termof ten years charge for electric light furnished a# above mentioned more than the price# herein specified. ' S ection - 2. This, ordinance shall take effect and bo an force from and after its acceptance by tlio eaid The Gedarvllie Light and Power Com­ pany and its publication as required by law. J, H . WqnFOKD, . Mayor. Attest: J ohn G. M c C oiucej . l , Clerk. Accepted*July 10,1008. Cedarville Light & Power Co. By G eobge F, S iecsi / er , Pres. O. J j . Simur, Soc’y. -LFGAL NOTICE. Ellen Levalley whose festdence- is unknown will take notice that Jacob C. Levalley, her husband, on the 17th day ot June 1908, filed his petition against her in tho Court of Common Pleas in Greene County, Ohio, praying for a divorce from her on the grounds of gross neglect of uty and for adultery with a James A* Finkbone which cause will bo hoard before tho said Com­ mon Picas Com t on tho 3rd day of August 1908 l>y win oh time she will bo required to answer. Jacob O. Levalley. By J. N. Bean, att’ y. 7 -!U-d Tiger “Whifikcro" as Poison. In tho recollections of a well known big game hunter in India it is stated that after skinning a tiger it is always necessary to guard its whisker.*, as the natives have an unpleasant habit of cutting them up very small and mixing them with the curry of those they dislike. The finely divided bristles set up an ir­ ritant poison, the result of which often proves serious. — London Globe. Cheap Excursion To ALBERTA , CANADA A U G U S T 4, i 9 p 8. No better'time of the year to go. You cfiU see them harvesting both spring and fall wheat that will yield 40 to 50 bushels per acre. Write me for particulars. w. H. CORRY, JAMESTOWN. OHIO. EXTRA MONEY 0B A BUSINESS Timber Lands are a fir3t-dass' . inwalment. Ono dollar or more 3 jj will buy aft interest in profit* 1 making timber land#. Agents to Bell on our plaii make good money. 'Write for dotaiia. The Sterling LumberGo.,* } 524 Citizens Bldg,, Cleveland, Ohio. if you have A largo or small sum to invest we can (jhow you •* how timber lands will giro you * * handsome dividends, Fresh Fish! Fresh Fish! Why not try some Fresh Fish once, they are good for your appetite and health. I have made arrange­ ments at the lakes to have nothing but Fresh Stock, so they are shipped to me the same day they are caught. ( W e have all kinds of vegetables in season. 4 Breakfast Foods, Canned Goods and Jellies. Smoked Meats. J^resh and Salt Meats. In the same old stand; at the same*old place near the same old R . R . jfon the same old Street; the same did Phone 100; the same old name Chas. FI. S p en ce r Telephone 100 , Cedarville, Ohio. ( Fresh and Salt Meats,*Vegetables, j ! YOUR APPETITE I f your appetite is poor, eat meat, T o tempt your appetite and nourish the system our choice meats are not excelled by anything, The weak and the strong, the small and the hearty eater alike enjoy them. C C f f lM E R , RfMm T I I !o iu ■t tins i the p rop er . After oil primary the coun dose Mmj the balk) During many exc, the metin campaign several dtl elution g. right to polls duri count. A numb officials election sweep’’ w tho close tl efforts of t been dee it Locally was the Over.thre istered. 323 voters Indication voted. T pf votes ai to all. T. was not gg & poration The foll<; two preeiul p r o b a t : C. F. Hoi W . F . T AUDITO lf Wm, Do Walter 31 TREASUl J. H. Dir R. R. Gr RECORD] M, A. Bj B, F. Th CLERK S. O. Ha, ,L- T. Ma PROSEC! W. F. O 8HEB1EE Howard COMMISSj > (Three to A . G* .LTV Cui J. F, Ha J .B . Stt Fred Ar Emery J REPRES3 D. E. Sp J. G. Ca| J•E« Le , SURVEY(| Milton CORONE]| P. O. M; INFJRMAl (Th •. W . B. St| J. B, Lu J. B. Fie V . H. Me J. O. Wi S. B. Coil Tho cent; suited In township. Wright rj Ralph Wo. The follol county. PROBAT] C. F. H o f W . F , Til a u d it o r ! William W. L. Dc rad- that irry^ the ices cal- that DA can fall per utt Pd SPk jffe good trrange- Stock, jiey are season, lies. irar the Sr ;er , Ohio. If th< wear a hours mi serge. 82.98 price for 83.96 _ pries S 3 l temP‘ 84.98PHoice price 8 3 * weal Chalk* eater summer Arcade ^ toiiibero’1