The weekly Arizona miner., 1885-06-05
WHO. IS TO BLAMEf


 
 At the meeting of the City Council last evening partial investigation was had st the turning over of the Ss5, ,oo0 bond, issued fer the construction of the City Water Works, after sl 300 in.eres: lad accrued On them, which sum the city has refused to recognize as valid debt, al- though the bonds have passed into the hands of third party--e th. Loan and Trust Company of New York-which threatens suit unless the amount iu dis pute is rAid.
 Ex- Mayor Hall, during whose admin istration the bonds were issued, appeared before the Council and stated that si- though he and J. H. Carpenter, who was then City Recorder, had signed the bonds, that they were not responsible for their issuance and delivery to the Loan and Trust Company, as W. E. Hazlesine, Cashier of the Bank of Arizona, had de livered them without the knowledge or consent of the city authorities. This public placing of all the responsibility on Mr. Hszle,ine's shoulders, resulted in . representative of the MINER calling on him and oe,ainin, his statement of the case, in the following interview, which aatly contrsdicts the statements made by Mr Hall:
 Reporter-I came to inquire regard- ing tue s65, 600 in bonds paid for the City Water Works Whether they were ever in your possession, and from whom You received them.
 Mir. Hax!etipe-I receivel them iron: the American Loan and Trust Company, of New York, about September 5, 1884, as this letter will show:
 American Loan and Trust G.,
 New York, Sept r., 1884. Bank cf Aisona, Prescott:
 Dear Sin-We herewith send you for execution by the proper authorities sixty. five bonds, which, please, see legally exc cuted and return to me with your bill of charges. Very Truly,
 w. D. SSow, Secretary.
 Reporter-How did the city author. ties get possession of theml
 Mr. Hazletine-Ths city never had :hem. They remained in my hands for execution, and when executed we:e re- curned to the American Loan and Trus, Company.
 Reporter-Did the City Council 50 lnderstand,,l
 Mfr. Ha,letine-I distinctly stated to 1 :hem several times that I could no. hold che bonds bJect to the orders of differen, parties; that represented the Loan and l Trust Compa and could not hold them | after they were signed, and cautioned Messrs. Hall all Carpenter against sign ing the bonds until everything was all l right. RcPor.es-was there any demand ! made by tte city upon you to alter the | coupons maturing April lst, so as to re- lieve the city from the payment of the sl. 800 interest that had then accrued.
 Mir. Hazietine-I do not remember that there was anything said about that. | could not have allowed any change in the bonds without the consent of tue Loan and Trust Company.
 Reporter-Had the city no recourse, then, in the premises.
 Mfr. Haz!etire-They could have re- fused to sign unless changed to suis them. should then have Lad to telegraph to New York for permission to alter cou- lons
 Reporter-D;d you pretend to repre- ,,n. the city at all in this matterl
 Mr. Hazlet:n--I distinctly stated at 'very opportunity that I represented the -oan and Trust Company; that the city nd no control of them; that I presented lIe bonds for execution when they were cady to do so. solely for the account of fe Loan and Trus, Co, from whom cceived them and uLdAr whose exclusive :rection they were held by me.