Illinois News Index

The Pictorial Newsletter: January 11, 1967, 11 Jan 1967, Page 10

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BI CHECKED FOR SILENCE, BUT NEVER TAXED FOR SPEECH blLls. County banks are betag given ^. McHeary first chancr at the iloney. nOf eourse, thetr blds must be corapetltlvs rclth thi interest rate whleh the county goyernaent ean get if it lavests alse*herern a Treasurcr, CaI Skinner, Jr, A total of $L.I milllon of the countyts surplus rlII be invested on Jamrary IoLh. $55orooo of thls niII be rithdrawn from non-interast bearlng checktng aeeounts rhtle the other 6ti5O, 000 is nor lavested ln reaturlag Treasufu Coun',,y sf,rxuEB nr[Esrs $55orooo rcnc Tbe Ereur$ of noaiy earalag iatcrcst ln the General !'una rrlll inerdase 638 tn January, accordlag to the nen l{cHer4r Strlancr took oilficc. fn aII, $L.?9 m!"lllon of tha couatyts General Fund will be tnvested as of Jarmarlr LObh. A LE?tEt I^I0RTH CALTING ATTENTf6N TO h. CaI Sktnncr, Jr. ?reagurer of !,IcEenry County woodstock, flliaols 5o0g8 Ilear }fr. SkLnuer: On behalf of the resideats of Sunnysldc Estatet, f would llke to cxtend Eur dccpest gratltude for the eonecrn aad actlon you have shotm anil taken regardi-ng the Gr"oneous tex ratcg that rrere charged ug for the tocal fuprovenente Sk{nncr t returnlng about \,ZSX interest, -currgntly but have decllned steadlly in the past stated. ?reasurJr bills arc t gna--$!0Or00O ia certifleates of dcposit tn Mcllenqr County banka. ?he tlnc deposlts nere CrarLw 3.297( intersst rhen has another $2gOrOOO in Treasury prefer lnrrestiag in county banks, othor thlngs betng equalrn Sklnncr crplalaed. ENoverthelesi, couaty offiotals eannot, ln good conscicacc, sontlnre to put money Ln county Uints at interect rates that rrill resuLt in an unrcesonablc subsidy to then at the ta4payerst expensern he eaphasizcd. fn additlon to the above rnentloned investments, the Treasurerrs Offlcc rttr{e . .fer geeks. - rnet rdth little succGss. cfforts l_n thls matter havc gonc a Long nay to restore thc confldcrce of our resldcnts {n the lntegrlty of natter road taxea. ?hlg matter hes bacn of uuch eonecrn te our rasldcnts for the past yoar and otrr prcvleus efllorts to eorreet the Tour for your pronpt aetton 1n thls rnattJr. SlneereLy, Keunath Segerstron Presidcnt our slcctcd offLeials. Thank you agaln bills PATROilIZE OUR ADYERTISERS Soles Promotion Printing ileHEilRY GARAGE OFFICE FORIi,IS AND STATIONERY LETTERPRESS AND OFFSET lcep Salcs and Service ttlGK P. l,tlLLER, Owncr Phone 385-0403 926 N. Front Pictoriol Newsletter Arthur J. Stuhlfeier PHONE 385.0716 Slrccf McHcnry, lllinoir or Mail P. O. Box 67, MeHenry, lllinois for Quolalions

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