By Civil Court
Decision, a Number of Prominent Citizens Are Held Liable for 1914 School Notes
Charlotte—A test case brought in civil court by the board of
trustees of the Pineville farm life school against S.L. Manson of Pineville for
$500, which the defendant is alleged to have pledged towards a fund raised to
secure the school, was terminated in favor of the plaintiff. The consequence of
this action, it was stated, will force several Pineville citizens who had
failed to redeem notes aggregating $3,500 to pay the amount of their notes.
Pineville was selected as the location for the farm life
school in 1914 because citizens of that town pledged the largest amount towards
the school, it was said. A bond issue of $20,000 was passed, and individual
citizens gave notes payable in one and two years for a sum aggregating $6,000.
It was stated that the board of trustees of the school proceeded to erect the
structure and that more than $28,000 has been spent on it, $2,000 having been
borrowed from the state.
Several citizens paid their notes when they came due, the
board receiving $3,500 from these. However, other citizens refused on the
ground that the school had proven unsatisfactory. The amount unpaid amounted to
$2,500. This amount was owed by a dozen or so individuals at Pineville.
No comments:
Post a Comment