, 1873-12-19


1nel!ste1y rcns ths ssmo to such bank or hanks IN
and Fnnnco Committee, shnl1 undertake 10 pay for
the city sn Indebtedness or rinteroat.pnyncns, or my
And aa!d moneys shall bs deposited with said bank
or banka. upon such conditions ~ shall 10 nIrced
bunk or banka receiving lilo san,o upon tho execution
mid delivery oy aic lark or bnnks ct such bon1s or
sscriies for the sate.hesptng Of tue aan1e - s,s
Mayer ail Comptroller and Finance Committee hbalf
Itosaea. hs,stgsr, Tint such deposit uey 10 Eaaao
aforesaid with any hank or hanka IN tho City Of CHI
csgo which will furnish good a!ght-oscnarge on Tho
e sn n
fer 'an " Of oah ah :, q ts
iho conpirol1er nna Finansa F Committee il shaii s
oser Msyor sd Ao oopro devar hs
lauk or bnnkH named thorcn such amoant Of tho
city moneya shall 10 designated III said order, not
dtately depositcd upon auch conditions as shall ho
agreed ,pon IN auch bank banks, to 10 approved
take 10 furnish tho city tho money 10 ce. such ray-
mente npon TUG exoaIlton and 1otivery by such a 1ik
Or banks Of such bonds q aecurta for tho sufe keep
Moneys deposited ns afaresa,d shall 10 kcrt to tho
tho order Of iio Treasurer, connloragncd BY tho
Mayor nhl Comptroller. at such time Us slel bo arecd
uI1u n that bnhalf aud sla'l 10 Immediately paeed
will tho other monoya In tho City Treasury.
WHAT 10 no ABOUT IT.
Accompanying tho communication was Hohed-
ulo Of Tho property proposed to he turned over
to tho city by htr. Gngo.
Aid, Richardson moved that the communities
tion bo not received. 1t WAS high time that tho
Council know something Of tho standing Of Mr..
Gnge. It was 1rat noceBaary to first nuke do.
mind upon his bondsmon to mako tho money
good. 90 TINT tllcro could DO no quibbling. no
II t1f
posed to back down or not. Before the Council
did anything il waa necessary to know the atatua
Of tboso b0ndsmen. SO tlat there could DO no
oquiyocation.. Then lot Mr. Gage mako sworn
statement Of his property, aud not pick out . few
itemH
AID. Campbell was Of tie opinion that tho
Council should tako no action lii the promises,
but il should first 10 considered by tho Corpora
tion Counsel.
Aid. Richardson moved that the Finance Com
mitteo bo instructed to report at tho next moet-
ing Of tho Council tho city's standing with
reference to hlr, Gage.
AID. Modrath said tho Council Ind nothing to
do with 1t. Tho Comptroller must proceed LII
Aid. Richardson said this was Just what ho
wanted tho Corporation Counsel to dotcrmina by
his opinion.
Aid. McGrath hoped tho mnttcr would not DO
roferred to the Finance Committee. Immediate
action phould be takon. He hoped It would DO
laid over and published, aud nlads tho special
order Of Monday evening.
n,atei n;xno ' tho Mavor ~ re%ntrniiar .na r.
panoo rmn.5t+ M ,,n1ntdd ,,0,Iar ~ ,,aSa 1 toe.-
nororv 1oana NAAN4'oA f0"oA w 'A'A' |''A'-
i,o5 Mevor anil n vvaa ov;do,t that ALL n;xor,
din ,,ot ,;r3ora,am1 liz roool"t;nns 3At NJ a,c,,
th;n1 voa contomnatcJ 1'0 ""SA
III T".nnar r,awaJ 4h.A .t,, .,a.,,,4;- l..
aln.,to5 ~ nr1lar lint tho ronntro,or ,a;al,t o
a nt,on a,4,onnnreI - sonoo - ;oo "
tl,o ,norov rnccaa.rv r. n,ont Tia aoht ,nafnr;n
l., rarrnr, "' '4 490'
:" ~ e,nagHis, ~. -, ,r;.,,axou ~, ..,a .
Az D!1oL "lthuto" tuo tiotlon to te1et.
Alu Moofe moVoa 10 wmVe enRrossment and
pass the resolutions.
Aid. Cullorton moved to 10y oyer and publish,