PAGE SIX

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THURSDAY, MARCH 5, W2

Urges Reserve Fund To Meet Emergencies State Treasurer William H. Albright on Friday urged that NewJersey lay aside $5,000,000 yearly from motor fuel and liquor tax revenues to act as a state resources reserve fund against the economic strain during the war period and in the period of readjustment to follow. In a statement released Friday, Albright said: "A financial crisis, experience shown, may well occur during the period of readjustment following the completion of a great national defense effort. "For this reason, I have, for some time been considering what measures should be taken for the protection of the credit of the state and of its municipalities, both during the defense period and in the post-defense period. “The new income tax law. the rising cost of. living and financial disruptions due to war will greatly affect the ability of many of our people to pay real estate taxes, and I would urge municipal officials to use great care in preparing their future budgets, especially in the appropriation of surplus revenue. "The fact that municipalities have had during the past year .the highest percentage of tax collections since the depression does not prove that it will not be harder to collect taxes this year or in subsequent years. “The revenues of the state itself will also be affected. The receipts from the Motor Fuel Tax and the Alcoholic Beverage Tax will probably decline—how much we do not know. Nonetheless, the state is fortunate in having additional financial resources available from these taxes because bonds of the state, to the payment of which large amounts of these taxes are dedicated, are being paid off rapidly. "The amount required from Motor Fuel Tax receipts for payment of principal and interest of Btato bonds in 1937 was $13,111,000, but for the year 1942 is reduced to $7,076,000, a reduction of $6,035,000 since 1937. "In the future the amount required for payment of state bonds from the Motor Fuel Tax receipts will decline still further; the average annual amount of principal and interest payable from this tax in the years between 1942 and 1950 will be $4,225,000 as compared with $13,111,000 in 1937, or a reduction in the annual requirement for this purpose of $8386,000. “The amount available from motor vehicle fuel tax receipts has been further increased by reason of the fact that while the debt service requirements from this tax have been- going down, due to the payment of state bonds, the receipts from this tax, as compared with 1937, have increased about $5,000,000. “On a smaller scale, a similar situation exists with respect to the Alcoholic Beverage Tax. Over $1,000,000 of receipts from this tax becomes available by reason of the retirement of state bonds, to the payment of which some of the proceeds of this tax were dedicated. "Immediately following the last depression the State Sinking Fund assisted many municipalities which were in serious financial distress due to low tax collections at a time when other accommodation was not available to them. “These municipalities were in default in payment of their bonds and interest and were also in default in payment of state, county and local school taxes. “This debt was refunded and funded by the issuance of new bonds with maturities arranged within the ability of the taxpayers to pay, thereby restoring the .credit of the municipalities. These funds will not be available in the event of a future financial crisis because two of the State Sinking Funds have already expired, and the one remaining fund is in liquidation. “With all the foregoing facts in mind, 1 have come to the conclusion that we should conserve the financial resources of the state to provide funds for maintaining the credit of the state by aiding municipalities to adjust their finances and also to provide moneys for appropriation for •mergenry relief. "For this purpose. I recommend the establishment of a State Re•ources Reserve Fund, to wHTFh should be appropriated at least $5,000,000 annually from the Motor Fuel Tax anil the Alcoholic Beverage Tax,” the statement concluded.

Car Rationing In Effect Now Regulations governing the rationing of automobiles were announced this week by Congressman Elmer H. Wene. The new regulations became effective Monday. Those who will he eligible purchase certificates, to be issued by local rationing boards, are) Physicians, surgeons, visiting nurses and farm veterinarians, clergymen, institutions needing ambulances, fire departments, police departments, other public health and safety officials, mail carriers, taxi operators, persons using cars in connection with “essential construction, maintenance and repair services, executives, technicians, engineers and workers directly or indirectly connected with the prosecution of the war; federal, state, local and foreign government officials engaged in duties directly connected with public health, safety or the war effort; farmers lacking other means of. transporting produce or supplies to and from markets; traveling salesmen handling essential supplies and persons carrying newspapers for wholesale Local rationihg boards are instructed to require applicants to prove the need for a new car in the light of conditions peculiar to his community. Regulations provide that persons who made down payments on new automobiles prior to January 1 may obtain refunds if they are unable to meet eligibity requirements, Wen* said. J'ctteM Jo Jhs fcdiioh.... FOR SERVICE MEN February 28, 1942 To the Editor: Read with interest the article published in your last issue about trying to get people to write to local men in the sendee. I think the idea behind it is very good but doubt if such letters from strangle giving news, etc. would be of much interest to men now busy with their wartime But r do believe* if some organization would see to it that each man in the sendee received a copy of his hometown paper, he would be much happier. I know myself that receiving the Star and Wave brings me nearer to home and its doings, and I am sure every local lad would much rather read the Star and Wave than have some one he does not know personally write him. Such a letter Creates an obligation for a reply that the average man in the service does not have time to write along wdth his duties. The letters he sends home and to his friends take up all his letter writing time. A column in the Star and Wave entitled “Local Boys in the Service” which would contain items of interest on them and to which each man may drop a card to tell where he was stationed if it was not a military secret. Also friends and relatives Tould furnish news of our Cape May soldiers, sailors, marines and coast guards. Supplying the hometown paper will render a big service to all, as we want to know what is going on back home. Very truly yours, WALTER B. SAVAGE.

EDITOR’S NOTE: For more than a year The Star and Wave has had a standing offer to mail copies each week to local men now in the armed forces without charge. For several months, The Star and Wave has also been distributed without charge at the Cape May Naval base as our contribution to Uncle Sam’s fighting men. The Star and Wave is always glad to receive news of the activities of local men now in sen-ice and will publish such articles as they are received. Any local man in service may have The Star and Wave mailed to him upon receipt of a written request giving his full name and address.

4-H Club Leaders At Garden Meet Three Cape May County 4-H Club leaders attended a gardening , meeting at Woodbury last Wednesday. They are Miss Myrtle Afflebach. Mrs. Ada Risley, club leaders, and Miss Lois G. Hamilton, county home demonstration agent. They, attended a garden meeting in Woodbury. The meeting was for loaders from Cane May, Atlantic and Gloucester Counties. .Ben Blackburn, extension specialist in landscape gardening, wave an ill Ultra ted talk on trees and shrubs which dub members could ’ riant with little difficulty. Charles H. Niaaley, extension horticulturist In vegetable grow-

haws dub members atari Victory Gard-na providing they have prop-

TOl SAMUEL J

EELSITO. Ml BELSTTO. wife Samuel A. Belelto, AKHXE r.EHREN and MART 3. BELSTTO By virtue of an order of the Court of Chancery «f New Jersey, made on thadfth day of January.-1942. In a cauae wherein • The Tax Investment Corporation of New Jersey, a corporation of the state of New Jersey, ii complainant, and Samuel A. Belelto. and others, are dofendi are required to appear apa answer: the bill of complaint on or before the JOth day of March, next, or the said bill will be taken as confessed a-: gainst you. The said bill Is tiled to foreclose a certain tax sale certificate Issued hr Herman F. Ortesbach. Collector of Taxes of the City of North Wildwood. New Jersey, at a tax sale held on December 19. 1998. against lands and premises known as Block 148. | l-oi. J9 on the oltlclAl map of North Wildwood. And You. Samuel A. Relslto are made party defendant to this cause' because you appear aa owner of 1 record of said premises described In the bill of complaint. And Tou. Mrs. Samuel A. Belslto. wife of Samuel A. Belslto. are made a party defendant to this cause because you have or may claim to have a rtrht of dower In said premises described In the bill of complaint. And Tou. Annie J. Zehren and Mary J. Belslto are made pArttea defendant to Ibis cause because you ere the holders of mortgages which are Hens against said. premises described In the bill of complaint. Dated: January 99tK 1*49 SAUL A. WITTES. Solicitor of Complatiutnt. 1149-—-Fill 9-19-4t-pfllTAd

Cape Theatre Who’s Who

As the Cape Theatre plana t open iti next summer season at the early date of* May 27, it seems fitting at this time to begin presenting each week a thumb-nail sketch of those who are going to be members of the company this year. Directing the theatre for the fourth successive season is T. C. Upham, who will be the general director of both the professional and apprentice groups. Mr. Upham is a graduate of Massachusetts State College, B. S. and of the University of Illinois, A.M. in drama. He studied under the

ADMINISTRATRIX’S SALE OP

r an order of the Orif the County of Cape

... the Eighteenth day of February. nineteen hundred and •o. the subscriber. SubstituAdmlnlstralrix c. t. a. of the if Frank B. MCcruy. deceased.

rill n

MONDAY, MARCH 23, 1942,

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... , the SberifTs Office. In the Court House, at Cape Hay Court House. New Jersey. First—An equal undivided half merest of AL.E that Island, or Tract if l.and. meadow. Marsh and Oyster :round. Situate in Middle Township. :«|ie May County and Western Divi•lion of New Jersey: bounded by Dead Thoroughfare. Drum Thoroughfare and Little, or Jacoby’s Sound: and by the third course of Tract Number Three of a survey of 1628.652 acres made to Peter Shields a corded in Liber KK. page 8 et Id Tract being more particularly

ritfed ns follows: vlx.. BEGINNING at

rtherly I

the

of Dead Thoroughfare nd bearing north Ofty-slx degrees thirty minutes west, three hundred feel from the third comer of said Tract Number Three of aforesaid survey to Peter Shields: from which post the lantern on the Hereford Lighthouse at Anglesea bears south five degrees fifty minutes east; th~ :upola of the Life Saving Stat-on a Hone Harbor bears south eighty-two legroes forty-eight minutes e .he westernmost point of Nunn... _ Island bears south 'seven degrees forty-two minutes east: from said beginning point extending (1) north fifty-Six degrees thirty minutes west, four hundred slxty-one feet; thence (2) north thirty-five degree**

west, two hundred

: thence (9) north fifteen degrees fifty minutes » three hundred eighteen feet; tin

et; thenc. rees flfty- ' indeed

orth

(Cl

y-nlne ' degrees fifty-eight ilnutcs .srst. three hundred nlnetyne feet: thence (7) south thlrtyix degrees fifty-eight minutes eas’ hrec hundred fifty-four feet: thenc

thirty-

then

four

(91

orth

::e (10) south fifty-two minutes . four hundred fourteen feet: :e (11) north fifty-five deg .-eight minutes east, two I dred elghty-nlne feet: thence south, four hundred ninety-two f thence (13) south flfty-slx deg fifty-two minutes east, four dn-d slxty-one and three tenths feet: thence (14) south seventy-five degrees west, four hundred sixty feet; thence (15) south thirty-five degrees west, two hundred thirty- - feet: thence (16) south thlrtydegrees east, two hundred twenty-five feet; thence (17) sc " enty degrees east, three hundred forty-three feet; thence (18) south -■-.ty-four degrees twenty-six r '- _.es west, thirteen hundred sevei... eight feet: thence (19) north fiftysix degrees thirty minutes west, three hundred feet to the place of beginning: Containing sixty-seven acres and fifty-eight hundredths of an acre of land. Meadow. Marsh and Oyster Ground, strict measure. BEING the same land which C.' Chester Craig by deed dated October 17. 1910. and recorded in Cape May County Clerk's Office in Book No. 258 of Deeds, at pages 66.&C.. orded In Surveyor General’s O Burlington, in Book 1 of Deeds. ,-.ce 910. granted unto Frank B. Mecray and John W. Mecray: and the survey of which Is recorded I Cape May County Clerk’s Office In Book 266 of Deeds, page 121.4c.. and if record In Liber KK of Surveys, pages 6S.&C.. In Surveyor General's

Second—An equ ...terest of ALL land and premise

divided fourth certain lot Of

the

.rrly side of Decs i the City of Cape May:

BEGINNING at the northwe? orner of land late of Thomas H. arreti. and running thence along

'ie said Northeasterly side 1' ild Decatur Street Northwes . thirty-six and f'ur tenths

■et i.> other land of Joh . le.-rnv *•■nerved to him this duv nsni' 1.1 Jeremiah Mecray: then

ward-

...:wis T STEVENS. Proctor. 2-26-lt-pf863.04

Like Them Fancy drinks? TTiey’ra aar specialty! Yon name We’D mix ’em. Meet the crowd at Cade Harry Reddin*** C-VIEW INN Washington Street and Texaa Avcnaa Bell 321 Keystone OSS

He contributed articles on the theatre to the New York Herald Tribune. He was corresponding secretary of the Drama League of New York. He is the author of "Charting the Way to Punctuation’’, of “Lost Boy", which was produced with very favorable critical response at a Broadway theatre, and of “Total Democracy”, a book on economics and demo-

cracy published in 1941.

Before coming to Cape May he had directed nlays at schools, colleges and clubs. He was-assistant director at the summer theatre at Rockport, Mass, in 1988. He was an actor in Paris with the Paris-American Players. Mr. Upham is a member of an old New England family which settled there in 1635. For his work in

Xsystone Phone Hot and 0— 4293 Hanning water Open All Year Xn Rooms THE KENTWOOD HOTEL MRS. J. W. LYNCH, Prop. ROOMS WITH or WITHOUT BOARD 141 K. Oak Avenue WUdwood-By-The-Sea New Jersey

great Profeasor George Pierce Baker at the famous 47 Workshop at Yale University. For tan yea» or more he was a teacher of dramatics and ‘ ^ "

the theatre and for his book his Alma Mater awarded Mmju Academic Medal in June

lege, and th Fitchburg, :

A NEW RUG At the Cost of a CLEANING We will restore all the original beauty and lustre of your rugs that it is possible to bring out. Investigate today. H.T. ALEXANDER Quick Service 610 Washington St. Keystone Phones 2091-1144

Next week—Philip Earle, the

director of th«

RED CROSS COBBIES

Mosquito Fighters

Plan Ceoelave

Mosquito-fighters from all sections of New Jersey will convene for the 29th annual meeting of the New Jersey Mosquito Extermination Association at the Chal-fonte-Haddon Hall, Atlantic City,

" ch 1L 12 and 18. May County’s Mosquito [nation Commission will

be represented at the conference, and municipal officials of various county communities, interested in

EDWARDS SHOES for Children ALDINE SHOE SHOP Pncllle at Cedar Are. Wildwood

iiiiiiimiiimiiimiiiiiimmiiimmiiiii Funds available for First Mortgage loans on improved Residential properties. Cape May City applications will be considered. . FIVE MILE BEACH BUILDING AND LOAN ASSOCIATION ROBERT J. KAY, Secretary 101 E. Wildwood Ave, Wildwood, N.' J. Cape May County's largest Building and Loan Association In sucoeaaful operation since 1900. Assets over 8800.000. -ithdrawals paid urltles pale ... maturity date. iiiiiimmiiiiiiiiiiiiiiiimiimimiiiimi

■jv-ui oumer, a ■■TMITI OX the county commission, is a member of the asaociation'a executivo eommittae. Richard E. Reevea, of' Cold Spring, a member of the county board, is eecond vice president of the state association. Among the speakers who will address group meetings at the conventon will be Mias Mazy Kassab, of Ocean City, cbainMB of the Mosquito Control Committee, New Jer — of Worn

CHINESE FOOD as genuine as dragons and chop sticks, prepared in true Chinese fashion by MARK CHING, our new Chinese cook, at our restaurant. Also orders to take out MAYFLOWER CASINO Wlnas - Liquors - Beers Newly-Installed booths for

• The amphibian tractor —a startling product of American industrial ingenuity—delivers military power where it will do the most good. The electric network — another example of industrial resourcefulness — connects operating electric companies and delivers electric power at points of need. Built up by the business men who manage America’s electric companies and produce fi of America's power, this nation-wide web of electric lines has proved its vital value in the war emergency’. Because of this foresight, the electric power to put tank and plane plants* shipyards and arsenals into production was ready almost overnight.

As the demand for power zoomed up and up, new construction helped to meet it Last year, the electric industry installed over zVi million more horsepower — enough to light one-fourth of all the nation’s homesl Careful, planned production will continue —we pledge it — until the war is won — until America's tractors turn again from dealing death to planting peaceful fields, # ATLANTIC CITY ELECTRIC COMPANY

Promptness has always been first with us but today’s war conditions bring delays —Please be patient. Bell Phone 181 Ask our representative to Call Keystone 4000

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