Illinois News Index

Lake Shore News (Wilmette, Illinois), 17 Oct 1912, p. 2

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â- ..** ipositionto Issue a Quarter m Dollar Bonds mn at School Election Saturday ^OTE WAS 112 TO 89 ##!; K31-'- The bond issue for the enlargement of Bvanston Township High Bchool was voted down Saturday by a vote of 112 to 89.- ..Although only a small vote was potted there was keen interest shown in the election by those who voted. There were two reasons for the peo- ple voting the way they did. Certain persons were opposed to the bond issue because they thought there was little need for the enlargement of the building, while others refused to vote for it for the reason that they wished to see a new high school build- ing erected on a new site. All Voted Down. There were three propositions voted upon. The one as to the floating of a bond issue of $250,000 was voted down 112 to 89. The proposition for the purchase of additional ground on the south side* of the building was defeat- ed 108 to 96, while the vote on the proposition of erecting a suitable ad- dition to the building lost 103 to 94. With the refusal of the citizens to approve of the recommendation of the high school board of trustees and pass • bond issue of a quarter of a million the high school board will be forced to accommodate the students with the present rooms. It is possible, if the attendance at the school increases, that the board will resort to Tenting space, though this has not been definitely decided upon. Question Arises and is Ex- plained Whether Membersâ- ' Should Be Rated at Entry or Attained Age. STATEMENT OF SOCIETY DISOBEYED THE LAW. James O. Heyworth of Lake Forest, and Ernest Strauss of Highland Park, were arrested Saturday for speeding past the viaduct in Evanston. They were each fined $5 and costs., (Sfc ^tar tarred Getting started is the worst bugaboo of saving. "Well, Just as soon as I get all my debts squared up 111 start saving," has been said 1,546,678 timesâ€"and then some more. tor that. Bposi^a^atj y. DeposiJ ore. every*" week your debts liar, ear- and with "sqnai what's left. ; A hank account Is insurance against disaster. If yon trait un- til an debts are paid and every- thing is rosy yon won't need it as much as yon do now. Just get'started. Get started right Oct started with us. Cftms in and let us show you. City National Bank >cwr The Modern Woodmen Bulletin in its first October issue has the follow- ing to say in explanation of the rate controversy .within the Modern Woodmen of America: Reduced to its lowest possible terms, the Modern Woodmen rate question is the question of whether the members should be rated at entry age or at attained age. This is a , question the so- ciety is entitled to decide from the standpoint of its own interest, unless the member has a legal claim arising front his contract, or an equitable claim arising from a contribution ex- ceeding what it has cost the society to carry men of his class and leaving a profit which should in justice be applied for his benefit. No legal claim arising from the contract is admitted. With respect, to equity, the situation is that the, older members have contributed no part of the surplus now in the hands of the society. This represents a part of the' excess contributions of the younger members. The payment of death losses among members of their respective ages has consumed all the older members who have contributed to the benefit fund and more. Made Liberal Concessions. If what the older members have done to build up the society has created a fraternal obligation, the so- ciety has sought to discharge it by making to them the most liberal con- cession consistent with its own safety. It proposes to "load" rates for younger members in order that it may carry the older members at rates which will create a deficiency of $22,500,000 in their contributions if their certificates mature according to the Modern Woodmen mortality table. No member, young or old, will be "frozen out." No member need con- tribute a dollar to the reserve fund unless he chooses to do so. He may take the step-rate, which is the cur- rent cost rate. Under this plan, his rate up to the age of 63 will be lower than under the old plan. Or he may take term insurance to age 50, 60 or 70, for from 45 to 75 per cent of the whole life level rate. Term insurance was all he had in fact under the old plan, which meant that the society- would run along for an indefinite term, but ultimately would he swamped by its liabilities in excess of contributions. The step rate for the member 54 years old is $105 per month. The whole-life level rate for the member 54 years of age or over is $3 a month. If he chooses he may pay $2 in cash and have $1 charged against his certificate. So no member who is quite candid with himself will say that the society has.frozen him out by offering him no plan his cir- cumstances will enable him to accept. Do Not Understand. Some profess not to understand how the member who has paid all that has been demanded of him all these years, and has matured no claim, can be said to have created a- This might be fflustrateif by the case of a mutual fire Insurance as- sociation. If this association insures farm dwellings and lumber and if the lumber yard fires losses in excess of contributions from the lumbermen, the fair conclusion is that the lumbermen as a elates have not paid the cost of their protection to the association, though not ill the lumbermen hare had fires. If the sedation shoold no w propose to raise the rate on lumber until it fmateu the eo^ of the protectlen, aad the lumbermen should trtntoj *frc*t* out* **«* would oetupj a pudgy Eve WW berman will ever hate a fire, but it is certain (hat every certificate issued by the Modern Woodmen society will be matured by death unless the mem- ber lapses. It is therefore the so- ciety's most imperative obligation to make provision for meeting these claims as they mature, and it can meet them only through contributions to the benefit fund by the members and interest accumulations on this fund. The member who joined twenty years ago Is twenty years nearer death than he was at entry age, and If the society should blink this fact it would merely deprive itself of the power to meet its just obligations. The complaining members seek a spe- cial privilege, or discrimination in their favor. They have abandoned the Jer- fersonian doctrine to which many of them have professed devotion, the doctrine by which the society stands, and tor which all truly co-operative institutions must stand: "Equal rights to all; special privileges to none." HOT^Tl SHAMPOO FOR PaHORUFP __ to a wonderful treatment, A trial wiM tavinee you. Sbjbtaahrely at. the Parloxe of KATHEglNE 306 C#ftfury Bsifj Telepl Scientific fa ____ _ log* etc CE THEATRE â- EOrfNtNG A Lessen f with GtJaaoa** AfTStar Comptm •a«Ii-4af EQfAtD HAAS Edith Lyl TbQS.F.aVift Camilla D'Arcy Hirry Maaaere Marts* Bomber Matinees, Thurs. Sst.snd Sunday •ad a Metrapelltaa Company SB a* 'North Shore EmplQy^itfffClub will furnish jm witk reliable help. 1018 SttrsssM ATenue' Tel Branston 034 Evaost *!• Finest Apartments Street nam Cleaning te pereb Telephone tto raena Vac Safes. Lmtsm and laundries barman Avenue mm Hew Style Victrelas pater fit. less Telephone ft)S-I W&nstM MISS F^TH ELMER 1115c«c*5Z?f ttano... Jtiferaare; LING mette. 111. BUS EC see w. MADiaoN st. tdoma Wast of grsafcHn St. to Baaemaiit l/» leciricity safely for .,,_«j\ i____ trie lamp H Those who spend most of their time in the house understand the desirability of lighting dark closets and gloomy is the only agent that cat be the purpose. You casjjjflt ai any wherelnd Aake its operation automatic, controlle J fo.Mstance^^fl!^opening and closing of a dcror. The utilitarian phase is generally the first thing considered. Have it that way as to electricity in the house. But observe its adaptabilityâ€"how readily it lends itself to any lighting or decorative scheme. Have you ever noticed how a couple of ornamental electric table lamps beautify a room? You fetch in obedient, and versatile genii when you bring electric service into tie home, if your house isn't equipped for it, we will wire it at cost, payable in 24 monthly installments. The expense (m low. Public Service Company OF NORTHERN ILLINOIS 'â- â- % )i i

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