St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-01
sr. PAUh.s CnEnEr.


again q F,oo,lss up, q yer seven Per
Cent. Being OsaeTnd for Bonds.
The finance committee met in the office
f C,,,,..,,.,Ile,. s,.la ,sfa, al ,,,,,,..l
4,..+' s. a., sa,0 coo ~. fi. H.
~
l''''1i' ''''' "'''-'' 'O- ''N' "0io az
cei'e.' Tor l'e 'hti' 9@Oo'OIo "oiliL and
TWO Tor parts OF the amount No award
was made Yesterday. The bids were Us
follows:
Blake 43roy. s. co., BOSTON. bv II.
y. Uphau. 500 90
Newport * Peat ST. Paul......... 2I4,0l0 Ul
international Trust company, Bos-
ton-..---.- .---.-.- -ii'ts' ho
br1NS''i' 0.''' d. rs ,'@s' Dos ..,.,.., ...
w.. -,.., -'-'-'' ''
r..,S -s roa .,...+i, ID .-a e,
Cochras Rice s. Walsh. ST. Paul.
one 81 900 bond .-............... lus7 25
I'm each case tGpamont of interest which
nccYues from Man I'D .ulv making
ST G66 Sc il added. The prs,lillln Offered
hv Blake Bros. thue amounts Id ~I4Ge4
which makes n rate of 1.15 ppr cent Tlr
nreinium offered h, yevU5rr IL Peat b. 5ls. B.
$3.50 or6.t7 per cent. In the c3seof bafb
fine above bidders the rare rer cent il
higher than has eyer before been .fereF for
81 Paul bonds The highest p.r cent Of
fered was lie bid on Cochran. Rice q
Walsh. being about Der cent
I'm presenting their bids. however. Blake
Bros have Questioned the legality of fine is
sue of bonds. and hence acc0muanied their
9Ids WIN y number OF conditions , brewster
eoudidonauy. The question raised 10y
Blake bros. IS whether OF not the act of
ieglslattIe authorizing inc Issue OF bonds IS
legal SINCE lhe question was NOT submitted
I'd me voice OK Ihe people. According 10
me STATE la" such course Is
necessary IN 'ie present case now
ever, me balitf Is alieienr IN 1851
Rn acI passed autnorlug Inc Issue OF !
per cent. bonds, redeem8bie i'm twenty years
for the purs0,e for which the present bonds
are issued The question yv3- tleD sulniit-
tod ~ ,.,,,,,lal, ,-.,io AVID .,,.,,,.,,..I
49, ~ osI.,,, f i.,..i..,i,, .l,
tllo 1"'- oeo'iO" '. ''N 'a.''C'e '''V ao'
was REVISED ana alN'Hnoi changing the
faJe 10 Per cent ana u'e Jine 40 tluN
years. IL JAS not been since submitted &c
the people. II Is claimed hv tie city attOr-
ney and other legal gentleman that sp,-
ord submission If the orestfoI, Ia flle ,,a,,
,,ie Is nor ,.orfraj in .,a 80 ~ .,,,
1-0 N '. 'ie
dAiSAuvu i"N' ~ i'vUi t"e S'9s ca ''o
Lake superior -auihau Is gwen u WAS "a
precisely parallel case, Except IN hat iu-
stance the bonds were Tor q bonus and m
fine l,rp1rnt cgSe are for an eolliva laDr Tn4
ouast;o,, was then raised in iha co,,-s 7,.d
= -. l,iilI tI,4 -, ,,,,,,,,l.I -. l:, .
- ,...,'ilI1 - " '-.' ~,
require I" ue eaaui SuoihIIleu 20 inc people.
7,y-.,x5 s.,v,,,-,v, vvv.~~v
: = 80 AN'AA
r,v,, rr,rl oF sxo,,r,,. nc III, ss,,t.ys.
-.
cupr. wright yesterday completed the
roll OF honor of the public schools for the
mast wear. containing the names and. stand
irg NJ those who stood over ninety. IL.
r[1l..,,,..
50 '"iio"s' --,-, ,-,r,,.,,,
e t-. h5''h o. ,i ry..,.., ,.,.
t,i-iI, a. - 10. 4
81 'Ie.!.., olrOulti' - i4c'li? ils4'ol' 10
$500 il--'.-4' % -
Criu W3ui,-,e ~
S,,E,, p,,-,,, %. ros1,,. C.f,,,,,
ps ,i12i T4sTll;,,s 9 1l"T1,so tTtct+ az,
T3ie Eejto@rrr ~, C,o,,fa TC,iege. al. ~
Kellorg. n3: winnie Lamb. "a: RalUb Russell.
III; Afyrha Scheler. 81; Alvina Stiqltzeu. 0s 4: