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Niles In A Bad Predicament

Niles In A Bad Predicament image
Parent Issue
Day
13
Month
November
Year
1896
Copyright
Public Domain
OCR Text

Niles, Mich., Nov. 10.- The city of Niles is in a predicament. With an outstanding debt of nearly $240,000, there are prospects that some of the creditors may seize the electric light and water works systems. The council is unable to pay bonds long past due held by N. W. Harris & Co., Chicago, who declare they will sue the city. As the treasury is empty and taxes not due until December there is no way to meet the obligations except to hold a special election to vote bonds.

Article

Subjects
Ann Arbor Argus
Old News