San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1889-08-21
COUNCIL CONCESSION.
Crosstown and Rapid Transit Fran
chiseS Both Granted--Bond
6usiness--ReEuIa Order
--Chin Music

men Fest, Guerguin, Kalteyer ant
Reimann were absent. Alderman
Lockwood was elected presidin!
officer.
Lockwood called for the order O
business, this being an adjourned
meeting as well as regular session, thu
business pending on adjournment be
ing the ordinance granting franchise
to the CrosstOwn railway.
Bolton rose to point of privilege
concerning the Fidelity Trust letter
and asked if it was spread upon thu
minutes.
Claudon sail it was not there in full
but there was reference to it.
Bolton asked that it be placed Oh
record and himself placed on record
as Directing to the action of the cOun.
Gil, and then read a paper protesting
against the action of the council on
the Fidelity Trust matter. This paper
called attention to the fact that the
bond purchase was "a matter of con-
tract with the Fidelity company; that
they were sold TO be delivered subject
to certain conditions, and to accept
this letter from the Fidelity Trust
company was virtually a relinquish-
ment of the contract aud the city
should hold the company to their
agreement; that as this retrograde ac-
ton of the council was taken on the
strength of that letter ne insisted that
the letter appear on the minutes of
the council {; his paper concluding as
follows: THE suppression of the Of
flee of the city treasurer from the
bonds and the provision that the in
terest on the bonds be payable only
in New York City, and the suggestion
that the Fidelity Trust company must
wait until the recollection of litigation
should pass away aud is forgotten, all
tend to cloud the transaction as Of a
suspicious character. In view OF these
the failure TO put the
letter from the Fidelity Trust COM
pany, of Kansas City, on record, inn
parts an appearance OF being afraid to
show to the public that this council
will not hold persons to fair and le-
Ultimate contract entered into with
the city, but are willing at any or all
times to squander or give away the
public funds without a quid pro quo.
For the mayor and the majority of
this council to permit the bonds,
claimed by you and admitted by the
purchasers to be legal, to go forward
to the purchasers for 1924, 600 when an
absolute contract exists for S265, 900 on
delivery, is simply to stultify your
selves in the eyes of citizens and the
financial world
Continuing his remarks after con-
Guiding his paper he was called to
or der by the president OF the coun-
Gil who refused to entertain discus
sion unless the matter was recon-
sidered by order Of council. Bolton
insisted on the record of his protest
and was refused.
Attorney BergStrOm made an eX-
PLANTATION in behalf of the mayor and
stated that 1.-The action of yesterdays
council merely authorized the mayor
to dispose of the bonds and leaves
the city free to sue for the difference
between the S264 900 and the amount
stipulated for in the contract, as well
as the additional cost of re- ngraving
the bonds. AS to the matter of pay
ing the interest in New York city,
the place OF payment is invariably
left to the selection of the purchaser. +"
Lockwood then said that the letter
of the Fidelity trust company was
matter of record, and should be
spread upon the minutes, but that
the protest would not go upon the
record unless yesterdays action was
recOnsidered. In this view he was
sustained by the council on appeal
by Bolton.
RAILWAY FRANCHISES.
Cross town ordinance was taken up
aud the names Of streets supplied and
ordinance passed 10 second reading.
There was no change in the ordinance.
The streets covered are:
Route No. l: Beginning at point
on Alamo plaza near the new postof-
flee building, thence east over and
along East Houston street to Avenue
f, thence north over and along Ave-
nue. f to Third street, thence west
over and along Third street to Martin
street to Navarro street, thence south
over and along Navarro street cross
ing the Navarro bridge to paso street
crossing bridge at Lewis mill to Car
den street, thence south over and
along Garden street to Martinez street,
thence east over and along Martinez
street to Presa street, thence south
over and along Presa street to the city
limits.
Rou tie No. 2: Beginning at a point
on Alamo plaza near the new post
office building, thence east over and
along East Houston street, to Avenue
f, thence north over and along Ave-
nue. f to Third street, thence west
L L. Il In