The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-02
AFFAIRS OF THE PUBLIC SCHOOLS.
The Borrowing of More Money Authorized
Insurance of School Property.

At the meeting of the School Commissioners
Der vouchers in his possession as representing
$6, 81 paid account of special library,
tuition and Gregg income funds.
Chairman Greenstreat, of the finance commit
tee, recommended that authority be given the
president and secretary to execute the note of
the board Oct. to County Treasurer Miller for
$1,000 at AZ per cent interest the note to mature
on or before the first of February next He said
this sum would be required to meet the current
expenses maturing on that date.
Commissioner Frenzel could not understand
why the committee asked, two weeks ago, for
$4,000 on Oct l, for this purpose. and now want
ed 81, 600 more At this time it would trouble the
treasurer somewhat who had arranged his fu-
ture expenditures the basis of the first rec
onmendation. ItdiG not give him time to adj
just matters, as the money was to be paid out on
the day it was borrowed. However, he saw no
necessity for increasing the loan beyond So, 900;
there were no extraordinary expenditures to
meet and the conditions were the same as when
the committee first asked for the loan.
Chairman Greenstreet explained that the date
OF the loan was fixed on Oct. because it was not
to be used until that day. Six days interest
would thereby be saved. The committee had
calculated on the treasurer having in his hands
on the morning of that day $4,000, and it would
penses
Commissioner Frerzel termed these uncertain
requests as to what the committee wanted on a
fixed day as displaying ignorance of the boards
financial affairs. II it is carried on through the
year no one can tell what will occur He would
like to see the committee once get down to a true
understanding of the boards needs. The recon-
mendation was approved
An old claim for relief from Miss Merrill was
renewed. She states that last year she suffered
IN health on account of the condition Of School
Building No. 10. The board did nos grant her
request, and Commissioner Bingham asked that,
as the lady had revived her claim, that it he re-
ferred to the judiciary committee. This was
granted.
Commissioner Bingham said that he did not
intend any reflection on the finance committee
IN preparing the matter he had in hand 1t was
only carrying out principles often expressed in
the board. He wanted to add to Article 10 of the
rules requirement that committees shall
invite contracts make purchases or loans, either
temporary or permanent, without first obtaining
the authority of the board When so authorized,
the committee shall report its action to the
board for approval. In all cases competition
shall be invited for contracts purchases, tenn
porary and permanent loans. Under the rules,
the resolution went over to the next meeting of
the board.
The question of insurance coming up, Com
missioner Greenstreet moved that insurance on
four-room school buildings be $1,000. on eight
rooms $1,000. and twelve rooms $4,000 Com
missioner Feenzel thought competition should
be invited in this matter. He knew a rate 20 per
cent less than what the board was paying could
be had.
Commissioner Jameson did not think so. He
had placed the insurance the library building.
and found that all companies of the Insurance
Board maintained the same rates He got the
lowest, but he had some insurance get to place,
and would like to consult Commissioner Frenzel
about the 20 per cent reduction. The question
was referred to the committee on buildings and
grounds.
The newly-elected commissioner, Edward H.
Dean, appeared, at the meeting and presented
his credentials as the successor of A. NJ. Kuhn
President Conner placed Mr.. Dean on the com
mlttees to which Mr.. Kuhn belonged. He be-
comes chairman of the steam heating and venti
lation and high schools. Owing to the transfer
of Commissioner Williams to the Craftsmanship
of the committee on buildings and grounds, Mr.
Dean succeeded him as chairman of high schools
He is also member Of the committees on text
books and public library.