Daily Republican., 1878-12-27
sOARD OF EDUCATION.
Speeisi hesslest-Ths' Qaestion Of
Insurance up for AcsiOn-Whaa
Shall it be an6 where shall Il be
put9-The Question Unanswered.

bmaA1 IL D on0 WheFo shall 1g b<
pst5-Tbe Question Unanswered
The Board Of Education mst or
Thursday evening in special session
President Rcksl in the chair.
Considerable time was consumed in
endeavoring to discover what the Board
met for, and in disputing the priority ol
the different motions, i. 9. whether the
report Of the insurance COMMITTEES
should bs read first. or whether the
amendment OF Mr.. Lobdell bearing on
the insurance question should take the
precedent, or whether the insurance
ltselt should bs approached and sum,
marily settled.
Mr.. Eckel, after the members had
ventilated themselves thoroughly upon
the question, gave his opinion that Mr..
Lobdell's motion should bs taken up
and acted upon
The amendment of Mr.. LobdelIs was
TO strike ont the words "home COM
panies" in the insurance section of the
by laws. He further amended that
the words and in such companies as
the Board may direct bs inserted in
lieu thereof.
On motion of Mr.. Lally the ayes and
noes were called with the following
result.
Ayes.-Baird, Grilnshaw, H. c. Grubb
Kent, Lobdell, Morrow and spsakman. 7.
Noes.-Betts, Furry, l.. p. Grubb,
Lally and President Eckel. 5.
There being no objections the Chair
man Of the Insurance Committee Mr..
Lally read the following:
Your Committee on Insurance direc-
ted to ascertain and report whether the
Farmers or New Castle Insurance Com
panies hold the premium notes Of this
Board, and, If SO, the dates and amoun nts
thereof, respectfully submit the follow
ing:
Your committee called at the offices
of the New Castle Insurance Company,
to inquire if it held any premium notes
Of the Board of Public Education, and
were informed that it held none, a
statement in writing OF which is here
with submitted. CA statement was here
read from the company stating that
they had no notes OF the B0ard.)
Your committee also called at the of.
flee of the Farmers Mutual Insurance
Company, and were informed that the
Committee held premium notes, state
ment of which is herewith submitted
The amount insured, is 500, 100, Pre-
MUM notes, 81 1855; Premiums $97.75.
The COMMITTEES was informed that the
Farmers Mutual can insure as a stock
under its present charter all
extract from the By Laws hereby pre-
'ented. THos. r. LALLY,
p. U. FURRY,
LEWIS T. GRuBB.
The committee presented the follow
ng resolution in connection with their
'eport: |
WHEREAS, That the committee on In
urance is informed by the officers of
he Home Companies, that they will in
ure at as low rate as any other re-
ponsible company, therefore be it
Resolved, that the Committee on In
urance be, and is hereby empowered
, place the policies of insurance in the
ONE companies.
Following the reading Of this report
lore trifling discussion ensued. In or,
er that the Board might act knowing s
: Mr.. Baird moved all am endment to the
tst resolution "that the committee on G
,surance renew the policies becoming a
ue between this time and the 9th of t
which was adopted.
This leaves the main portion of the
lsurance question open for ventilation
the next meeting.
DR.. Grimshaw presented a resolution,
the Insurance Committee :.
} insure the Public School building, ,
o. !, for $40, 200.
The resolution was amended, fixing
nat insurance at Sl5, 900, and adopted. .
!, 900 on the furniture, books, &c.
nd the remaining $4,000 on the
At $50 Board adjourned.