The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-16

OFFICE oP THE BOARD OF EDUCATION,
MEMPHIS, Tenn, June /, 1859

sealed bids will be received by the Board OF Edu-
cation OF the Memphis City Schools until the gith
s ss e FaSon o. S SoaH an p ss sbe e
cul Assembly Of this state passed March -, 1859.
aud approved April Z, 1872 amounting 10 the snni
cnt denominations and payable IA different series.
embracing period of twenty-five years, "a fol-
lows tOwit
~ siOOO bonds. payable luy !, 1901.
y 500 bonds payable July ], 1910.
n tl.OOl bonds. payable July l. 1911.
- $40 bonds. payable Jolly J. lSik
- 500 bonds, payable July I, 1871.
q 500 bonds, payable July ], 1900
% 500 bonds, payable july I, 1911.
The Aforesaid bonds will bear Interest from July
!. iss9, payable semi-annually IN Memphis, Tenn
one hall Of ,ald bonds win be delivered July I.
issl. the remainder January !, 1850
The night 70 rricci any aud all bids Is rcscned-,
A. n HILL Secretary
and which was subsequently taken out Of
the 1rdloncle and suppressed for some
reason, | don't know what. ! made in
quiry OF Mr.. Hill, Secretary OF the Board
OF Education, aud found the advertise
ment was ordered taken out after Mr.. Jor-
dan left the city. | will say concerning
the issuance Of these bonds, that had
spoken 70 Mr.. Jordan, President Of the
Board Of Education. soon after the passage
OF the bill by the Legislature, concerning
the placing OF these bonds. j suggested
TO him that Il would be a good idea las n
number OF them wou'l be small bonds),
for the Board Of Education 10 sell them,
rs many as possible, 20 residents OF the
city, as had number OF small depos-
| ilors in the Security Bank who would be
pleased TO take tho small bonds as an in
vestment. ! told Mr.. Jordan | would
| first look into the act concerning the al
lowance OF the issuance Of the bonds. and
u thought the bonds we're issued accord.
ing 10 law and were good securities,
would advise my friends and customers 10
invest In them. Mr.. Jordan assured mo
that the Board Of Education would adver-
iisc the sale OF the bonds and that every
body and the whole public would be al
lowed a fair chance 10 purchase from the
Board. Judging what Mr. Jordan's policy
would bo from these conversations had
with him, was justified In believing that
the advertisement had been taken out Of
the paper for some reason, trick or what,
| ] could not comprehend.
I note Mr.. Degnan says In the said arti-
Gle in yesterdays ArrEAE From what
| Col. Frayser said 10 me, he remarked that
| Il looked 20 him like there was trick in<
| II, the Board playing into the hands Of
| MADDEN" II don't see where his idea OF a
trick comes In" Taking out the advertise
mcnt from the AudionolIc. rs set out above,
and naming certain banks 10 take bids In
stead Of the Board, and doing this after
Mr.. Jordan had left the city, TO Mr.. Deg
nan might not appear like trick. No
doubt 10 his finely tempered and acute
mind things that are M dense as mud and
NJ conglomerated rs a microscopic view OF
q drop Of filthy water appear clear, while
TO other minds they show up "a they
really are.
Mr.. Jordan, no doubt, did feel indignant
az the Board acting during his absence and
Withdrawing the advertisement after No
and a full Board, upon due consideration,
authorized II 30 be put In the Aralnnchs.
| !, ~ President OF the Board Of Education,
would have felt likewise indignant had the
Board made or acted during my absence
concerning a matter OF such moment I
have no objection 70 the German Bank or
tho Manhattan Bank acting ~ agent for
the sale Of the bonds; but why was Il that
the advertisement set forth above was
taken out OF tho paper and bids 10 be no.
ceiyed by the banks instead OF the Board
Of Education, a. the advertisement desig-
natcd2 Why was this2 Can the Board,
or any ono OF them who acted during Mr..
Jordan's absence, explain, not 10 their
own, but 10 the satisfaction Of the public7
Mr.. Camp says at was, among other
things TO romoyo all liability Of the Board
10 the charge Of trickcry that we did not
designate the Bank Of Commerce a. agent
Our treasurer, Mr.. Dunscomb, IL president
Of that bank, aud our relations are most
cordial, but We didn't want any part OF
the school board mixed up with the money
part OF the Transaction" Who would
dare say, In the City Of Memphis, That
anything that Mr.. Dunscomb vas con-
oernod in could OF would be raixed up IN
trick. II Mr.. Duuscomb, treasurer OF tbe
Board OF Education, had been given the
disposition Of these bonds cannot PEE
| that the hoard would have been subierf h