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124 SFT.ECTMEN'S MEETING March 190 1949 A special meeting wfis called by the Appropriation Committee as required by General Laws, Article XIII, Section 2, whereby the Committee shall, prior to each annual Town Meeting, for the transaction of business, hold one or more meetings at which only the Selectmen, the Chairman of the Board of Assessors, the Ch&irman of the School Committee and the Chairman of the Cemetery Commissioners shall be invited to be present to consider items which make up the annual budget, and any other municipal matters. The following individuals were present: Chairman, Emery, Messrs. Gay and Hoyt of the Board of Selectmen; Chairman Winlock, Messrs, Cleveland, Fawcett, Hall, Patterson, Smith, Tucker, Tarbox and Vadeboncouer of the Commiss- ioners and Mr. Frederick J. Spencer of the Board of Assessors. The Chairman, Mr. Steeves, arrived late at which time Mr. Spencer retired. Mr. Wal- ker, Town Accountant, and the Clerk of the Board of Selectmen were also present. Mr. Emery stated that the Selectmen, after giving'subject of the proposed new High School a great deal of thought, felt that they should make some statement as to the townts credit with reference to the school rather than have the people feel that the Selectmen had washed their hands of the entire subject with relation to the town debt and credit. He said that the.Selectmen will have a statement for each town meeting member and unless the Selectmen are asked questions they will take no part in the discussion of the high school. Reference was made to the 1949 tax rate and Mr. Walker said that his opinion is a $3.00 average for twenty years, going up to a $40,000.00 valuation by the end of 1969. Mr. Thomas said that the School Committee has been on the conservative side. They did not take into consideration that the.State contribution will be 26% instead of 24%. 1