Cumberland Evening Times from Cumberland, Maryland on December 7, 1955 · Page 7
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Cumberland Evening Times from Cumberland, Maryland · Page 7

Cumberland, Maryland
Issue Date:
Wednesday, December 7, 1955
Page 7
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Dial PA-2-4600 for a WANT AD Taker EVENING TIMES, CUMBERLAND. MD., WEDNESDAY, DECEMBER 7, 1955 SEVEN Board Adopts Plan To Buy Vote Machines Five Local Banks To Lend 8144,566 Al 2 M Per Cent Five local banks will finance the purchase of 103 voting machines by the Allegany County Board of Commissioners at an interest rate of 2'/4 per cent over 10 years. This loan will be handled by lh' Liberty Trust Company, Firsf Nat ional Bank, Second National Bank Cumberland Savings Bank and Commercial Savings Bank. Action was taken by the com rnissioners- after receiving a repor from Gorman E. Oetty, attorney to the board, which showed tha the county would save' an esti mated $24.797.37 "if th» financing were handled locally. Jetty's re . pert was based in part on figures supplied him by Mrs. Wilbur D Sills, the county auditor. Negotiations on the loan prob ably will be undertaken immedi ately because the Automatic Vot ing Machine Compcny, Jamestown N. Y., the manufacturer, has offer ed a two per cent discount amounting to S2.929.32, if the de vices are paid for before Jan uary 1. The voting machines were deli vered to the Court House here early in October and have been stored in the basement since then The Board of Election Supervisors has estimated that the county wil save about- $il,000 each election year with voting machines 'as a smaller "number of poll workers will be required. . The financing proposal of the local banks calls for the lending of $144,566.68 to be repaid in annua! installments for -10 years at 2 1 ,i per cent interest. . It appears that the overall in terest cost for the bank -loan re. payable in 10 years would be $17.888.33, provided that the loan is repaid in 10 annual installments ol $14,456.67. To this must be added an estimated $250 for a legal opinion on the validity of such borrowing, making the total overall cost $18,138.38, Getty informed the commissioners that in the light 'of the present municipal bond market an interesl rate of less than 2Vt per cent cannot be expected. "The cost of issuing these bonds would not be very great because this issue could be 'combined with other issues to be made shortly in connection with school construction and 'Memorial Hospital improvements," Getty wrote, "However, the total amount would have to be borrowed on a short term from the local banks to be available by January 1 to take advantage of a two per cent discount on the purchase of the machines. This discount amounts to $2,929.32, so that there would be an additional..interes.t cost, amount ins to S250. ...... ' "It is estimated that the additional cost of adding this $144,566.68 .to the other contemplated bond issues would be approximately $500. The overall interest cost under the 25-year bond issue would be $42,185 which added together with the additional printing costs and short-term bank interest would amount to $42,935.75. "In the light of this information it appears, that it is in the public interest that the borrowing to finance the purchase of these voting machines should be made through the local bank loan procedure. which will result in a total overall saving of S24,797.u7," he concluded. Scout Unit To Meet The executive board of Potomac Boy Scout Council will meet tomorrow at 7:30 p. m. at the council office in the County Building on Union Street, according to James C. Warden, president. January Jury Panel To Be Drawn Tomorrow The jury list for the January term of AlJegany County - Circuit Court drawn at 10. a. m. tomorrow, according to Associate Judge Morgan C. Harris. Twenty-three-of the jurors drawn from the box of 200 names will serve on the grand jury and the other 25 will be on the petit -jury.' The grand jury will coffvene -si 10 a. m. Tuesday, January 3. The jetifc jurors will not be called until VIonday, January 16. smoking ^~^*"V»+ Flofucnt Makes sir smell On* Spray of Colgot«'« new Floritnt instant-action Air Deodorant quickly kills unpleasant household odors cooking, smoking, bathroom, pets, musty closets, baby's ' room, and sick room. So get new Floricnt today at your grocery or drag store. AMthtr Dcptndabl* CoigaU Product "Ife FORT HILL PLAY FRIDAY—Shown, above, are some members of the cast of "Girl Crazy" ay they .rehearse a scene of the play to be presented Friday at 8 p. m. at Fort Hill High School auditorium. Miss Helen Smith is director. Left to right are Buddy Campbell, Glenda Campbell, Jane DePpllo, Carol Parkes and George Pitzer (standing). Angelo Muscatell Named Head Of B&O Machinists New officers of Cumberland Lo-i cal 212, International Order of Ma- Ping Poll" Tourney chinists, will be installed January . , , f . ,.,, 16 at 7 p. m. in the IOOF Hall.'Sclicdulcd Al 'V Virginia Avenue. The officers elected at a meet' ing Monday were Angelo Muscatell, president; C. J. McKay, vice president; C. F. Schelble, Mt. Savage, recording secretary; L. L. Reynolds, city, financial secretary, and Carl H. Koerner. treasurer. B. J. Beck, conductor; L. E. Davis, inside sentinel, and H. J. F. Dreyer and Steve Bowling, three-year trustees. Muscatell was elected local chairman. He will be assisted by the following committeemen: B&O Back Shop, first shift. Dreyer, McKay and Bowling. Round House—first shift. F. W. Kartell, Victor M. Hebb and C. E. Hardy: second shift, C. L. Knippenberg, E. A.-Lannon and II. L. Linderman; third shift, C. W. Conway, C. E. Hare and 0. 0. Sterne. Wheel Shop—first shift, W. E. Durst; second shift, J. W. Mangus Jr., and third shift, E. C. Leister. Bolt and Forge Shop—first shift, W. F. Cage, Muscatell and G. W. Humbertson Jr.; second shift, L. W. Hartsock and.R. B. Spicer; third shift, J. H. Deter and L. H. Bowden. Local 212 comprises about 450 machinists who work in the Cum- Derland B&O shops. The abbreviation T.N.T. stands for the high explosive trinitroto- luol, of the nitro-glycerine class. The sun shines on St. Petersburg, Fla., an average of 360 days a year. James Clark Ross is credited with the discovery of the north magnetic pole in 1831. FUNERAL FLOWERS Try $ Our 5,00 Funeral Batket BQPP'S FLOWERS 19 N. liberty St. Ph. PA-1-4330 0« Com* id or, to lavo timo, phono Knl Money for any of the things that will make the season more enjoyable for yourself and family. For past due bills, medical, dental expenses, etc. 61 North Centre Street PArkview 2-4900 PUBLIC LOAN CORPORATION The annual Central YMCA ping pong tournament is scheduled to be held this month, with registration being made at the Youth Department desk. Awards will be made the winners in the 12-13, 14-15. 16-17 and IS year-unlimited classes. The awards will be made at the annual YMCA dinner in January. Worry of FALSE TEETH Slipping or Irritating? Don't be embarrassed by loose false teeth slipping, dropping or wobbling when you eat. talk or laugh. Just sprinkle a little PASTEETH on your plates. This pleasant powder gives a remarkable sense ot added comfort and security by holding plates more firmly. No gummv, gooey, pasty taste or feeling. It's alkaline (non-acid). Get FASTEETH at any drug counter, Advertisement One of Maryland's Leading PRESCRIPTION Stores Offers You - - 4 REGISTERED PHARMACISTS All Prescriptions Triple is* p* b* Cheeked! 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