Charles L. Torrey, secretary of the
Town School committee, had a rude j
awakening a few weeks ago to the j
fact that there is an immense amount
ot difference between the replacement j
value of property today and what it
was prior to the war. His personal
loss in the fire that destroyed the Don j
ahue block led him into inauiriea that j
prompted him to bring the Question j
of insurance on school buildings be
fore the committee at the regular meet'
ing Monday evening. The other mem-,
bers of the committee readily agreed
with him that business prudence de- j
mended that the school property be
adequately protected against loss by
fire.
A resolution was passed by a unani
mous vote recommending to the se
lectmen of the town that they have
the policies on the four buildings in
the city limits increased to the fol
lowing amounts:
High School. $155,000; equipment
and contents, $20,000; total $175,000.
Israel Putnam school, $115,000;
equipment and contents, $10,000; to
tal, $125,000.
Smith Street school, $50,000, equip
ment and contents, $5,000; total $55,*
(,00.
T; ude School, $10,000. The nuip
nient in this building is owned by the
state.
Competent Judges of building costs
believe that the above figures are
about 80 per cent of what it would
cost the town to replace in case of a
WEBSTER LODGE OF ELKS
TO BE INSTITUTED APR L 26
The new lodge of Elks at Webster
-fc ill be instituted April 25. Practical
ly all the members of Putnam lodge
expect to attend the exercises.
