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President Tear enumerated the following assets of the Department: A nearly completed masonry 2-floor firehouse constructively valued at $12,000; two fire engines; 2,500 feet of 2i and inch firehose; an electric siren audible for several miles; including other miscellaneous assets, all totaling perhaps $15,000.
On the liability side was only about $2,000 in unpaid bills and other debts, but the department treasury still had about $1,000 in cash to take care of them, and department events together with auxiliary aid is expected to more than meet the balance.
The new firehouse is mortgagefree, President Tear declared to assembled members of the depart
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