Stratford News

Taranaki Daily News, Volume LVII, Issue 244, 24 March 1915, Page 3

Stratford News

(From Our Resident Reporter.)

On Thursday the Toko sports arc to be held on the Toko sports ground. It is to be hoped that they will have hetter weather than at present prevailing.

Tlie annual meeting of the Egmont Club will take place thi s (Wednesday,) evening. This popular club is doing a good deal for the voting men of "the town, and the past year's working shows that the financial position is well up. to that of other years, despite the defections of those going to war and leaving the district. During the year, the club, by concerts and social gatherings, raised £2O for the Patriotic Fund. -Miss Marchant, principal of St. Mary's School, is lecturing in the Parish Hall to-night on her visit to the Holv Land. It should lie interesting,' and no' doubt will lie well attended.

• The Midhirst settler's sports had again to be postponed t--day owing to the bad weather. They arc going to have another try on Wednesday week, March 31.

The Home Defence, Corps are firine a match to-night with the Cardiff and Egmont Club at their miniature rifle range in the school gymna ■' •■ -\' To-day (Wednesday") Stii.,ord ratepayers will be called upon to record their votes on the proposal to borrow £9OOO for municipal buildings. For the guidance of ratepayers, the following facts are placed before them:—lnterest on the loan will not exceed 5 per cent; revenue expected to be received by way of rents nearly £IOOO per annum, The proposal will thus show a profit of, say, £SOO per annum. A rate of thirtccn-twentieths of a penny will lie struck to provide security for the loan, but there will he no necessity to collect it. Some iratepayers labor under the impression that, because a rate is struck, it is bound to b;> collected. For their information, it may be stated that the borough already has three loans for which rates have been struck as security, and which have never been collected—"rvmolv, To,vn Hall loan of £3OOO, aifctoir loan of £4OOO, and last waterworks loan of £4OOO. Ratepayers need have no fear in voting inf the present proposal. Tt is a paying proposition, and should be carried. It behoves all those. ratepayers who have the welfare and improvement of the town at heart to make a point of recording their votes, ' and seeing that their friends do also, j