Daily Republican., 1879-07-23
SECOND EDITION.
LATIMER TRUSF FUND BONDS.
CITY treasurer Vkncenls Visit to
WAAAlngb0n ASrang ernr MIS-
MADE tn CObleeA the $4,000 BOnds.

CtfE 1SeasureB VincentH Visit to
4 WAAAl0Ge0a ASrangern q
| Made tn Collect the $4,000 Bonds
II On Monday City Treasurer Francis
Vincens went to Washington agrseably
to resolution of Council to collect the
SloOOo5 bonds from the Latiner Trust
Fund, which the Government had call
He'd in. Nso made OBJ arrangements to
Ilget tbs money, which will bs foreward-
| I'd to adm in week or ten days from
now. He was we'll and kindly reeeiv-
ed by tb Q. gentlemen of the Treasurer
Departnent,' M. H. Jenison, the
Chief of the Loan Mvsion of the Regis
ter's sxics' OF tho Treasury Department
! "a most courteous ssntlemanl who has
Icharge OF the Registered Bond Depart.
ment ss the U. s. neasury showed him
around explained the workings " his
Ioffcs, and led him to vault which
fountains these honds which is built Of
Esolid blocks Of granite, with iron doors.
He Keeps alone ior new saaaiI loan, late
ly issued, thivsy-two lsdgsys. A day
or t1o since in one day he flied an or
der for ten millions Of dollars to send
abroad.
For some tine Mr.. Vincent has been
collecting this interest by power OF at
Etorney through r.. r. Robinson & Co.,
but the U. S. Government refused TO
pay interest any longer in that manner,
and insisted upon his coming personal
ly and signing it in Philadelphia. The
same information compelled him to 20
to Washington personally to collect the
bonds.
These honds as our readers are aware
were left by the late John R. Lati.
mer for the poor Of tho city. The fol
lowing is the extract Of his will leaving
the money.
| give and beqnsash to the Mayor and
City Council of Wilmington in the State
of Delaware, two thousand dollars in
trust to be by said Council and their
successors invested in Government or
City stocks and changed from time to
time as occasion may require or to
them shall Seem right and proper, so
that the principal sum Of two thousand
dollars be and forever remain, and it Ia
my will and l hereby order and direct
that the annual income or interest aris-
ing and hereafter to accrue from tho
investment of said sum OF two thousand
dollars be distributed under the City
Council of said city annually forever =
20 and among the nscessitous poor of
he City of Wilmington without dis.
inction of color, in full to BIZ purchas
ID with said income or interest for that
purpose.
do hereby certify that the forego
ng is a true copy from the will of my
,rother, John R. Latimer's will.
HENRY LATIMER.
NEAR WILMINGTON, July 81, 1879.
THE BONDS.
These bonds were at first, of that de-
cription, payable to tearer, and passed
ike bank note. Everything in rela-
ion to them passed from peoples men,
ry, when the former in the Union
'ank was locked up in box during
le early term of Mr.. Vincent's treas
reship. There were between 5000
nd 800 of interest due upon them.
They We're then changed 20 registered
onds. Th-y are registered in the
anne OF .h- Mayor aud Council of Will
lington. IL ID any dishonest party got
obi If th'~- "nds the money might
ave been sp"nt and the city have been
on. thu w,S'r. They were enclosed
box maI koi as belonging to the
ity Treasurer. They will now have
, be re-invest ID.