Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1889-08-08

purpose. IL bnuufAb IL uuif toI uopuoit
in the Uniou bank. Here" tossing it
over to President Carpenter, 'send this
to the Union bank and I'll step around
to 'morrow and endorse It,"
MIR. Carpenter-.'T'll tell the cashier
you'll step in and endorse 1t, will ?"
Mr.. Murray-"Yes, tell him I'll stop in
and endorse it,"
Subsequently these two directors had
another spat over the subject. Mr.. Oar
penter remarked that no bills could be
passed until the check was endorsed, and
MIR. Murray facetiously reioined that
there would be plenty Of money after
O'Clock in the morning, when the check
was put into bank.
''This may be funny matter to you,
Mr.. Murray" said Mr.. Carpenter, but
il will not be so funny when sthe people
get o chance to set down on you. You've
been posing as reformer long enough.
You were great refOrmer when you
were member OF Council"
Sand l am areformer still, interrupted
Mr.. Murray.
Mr.. Oarpenter-"And yet you want to
deprive the city OF chance to make
So, 900 a year."
MIR. Murray protested. He owned no
stock in any bank, but 1t looked to him
as though there was trickery in this mat
ter. He wanted everything to be fair and
square.
You are like City Council" retorted
Mr.. Carpenter, You want to investigate
the action of the Legislature. The Coun-
Gil spent over $500 in investigating what
they had no right to do"
Here tine discussion closed and routine
business was attended 10.
Permission was granted Francis p.
Dillon to set 105 feet OF curb on jackson
street near Fifth; Patrick Dillon to set
100 feet of cnrb on Jackson street be-
tween Fourth and Fifth; Gawthr0p d
Brother Company to tap Ninth street
sewer drain to drain No. sol Washington
street, and to tap Market street sewer to
drain No. ZIG Market street.
number OF bills were ready to be
acted upon, but they could not be al
lowed after MIR. Murray's refusal to en-
dorss the check. The board adjourned
to meet at 10 O'Clock Tuesday morning,
On Tuesday Street and Sewer Direc-
tor James Murray joined his colleagues
in endorsing the departments check for
| $120, 600, and consented to its deposit
with the Security Trust and Safe Deposit
Company. MIR. Murray did not desire
to accept the responsibility OF depriving
the city of the interest offered by this
corporation for the deposit, but he
wished to be assured that the interest
will be paid. He was so assured, when
the directors met at 10 o'clock that morp-
ing, by the following communication
wnarNaros, DBL, Aug, 9, 1ss9-.Ioseph
Il. Carpenter, n, Esq. Chairman Board 81
Directors Street aud Setosr Department.
DEAR SIR: The Security Trust AID Sute De.
post Company will allow interest on de-
posts OF money mode 10 It by your depart
ment, at the rate OF u per cent on deposits
payable after 10 days notice; ut the rate OIL
3per cent on deposits payable after 81 days
notice; on deposits to remain for n year oil
longer, Interest ut the rate OF 4 per cent
will be allowed, and or deposits payable or
demand, or subject to checks, interest al
the rate of 2per cent will be allowed.
Youts very truly, BENZ. NIELps,
President Il aud s. u. Go.
After the reading of this letter Mr.
J Murray endorsed the check. Mr.. Carpen
ter estimates that the interest the depart
ment will receive on its deposits will ap
prozimate "a 900 per annum.
THE UNION DAHK HOBBS THE MONEY.
Secretary I. Leslie Carpenter took tn,
check and deposited it with the Security
: Trust and Safe Deposit Company. Fiy,
minutes later James B. OlsrEson, score
, tary and treasurer of the trust company
/ went down to the Union National Bsnl
and handed the check to PRying-teile
Frank d. Carpenter, who immediatel.
took 1t back to Cashier John Il. Dandy
. The latter retired to the directors room
with tho check in his hand. In few
minutes Mr.. Olarkson was called bacl
, and there met Cashier Dandy and WILLARD
: salisbury, Jr., ESQ, counsel for tn
Union Bank. They told MIR. Clarksoi
in effect that as the law made the Uniol
Bank the depository Of all city funds
and as this was an attempt to transfer
! portion Of these fluids to another insti
3 tuition, they felt impslled to refuse it
: payment until they could confer with th
$ city authorities. They wGuld send
communication to City Council, o
+, Thursday nights meeting, giving
: statement of the facts in the case, an
|. meanwhile would decline payment of tn
r check until instructions were receives
. from Council.
3 Mr. Oiafkson withdrew and Mt ono
notified the Street and Sewer Department
!, directors who were in session acting o
z bills. This work was at once Buspende
n as the department has but little none
" on hand and no bills can be paid mt
9 the controversy over the 1920 900 Chico
u ia settled. Neither the directors or th
!, trust company officials have yet decide
: what course to purpose, but the unio
"a Bank officers will not pay the chec
q until they hear what City Council has
J say upon the subject.
n BACKING THE ptNK.
Il Tuesday morning Cashier Dandy of Il
3 Union Bank received the following con
n munication:
l. wnMtSdToN, DEL. August 9th, 1899
o The Union National Bank of Wilmington
GENILEMES - Having just learned ine Il
q tentiOns oil the Street and Sewer Oepar
10 ment In regard to removing the money b
~ longing to that department from the OF
is depository To the Security Trust and Ma
r Deposit Company, which company has n
~ been desiRnatea by CouuellH5 place OF d
n- posit OF the city 'smoney, We ask that you d
Y. cline 10 honor any cheC k Of the city for sut
y purpose until tho whole matter can
= brought before Council for Its action. Aft
tbs report of Councils committees on II
OF act protesting TO give said department Il
eight 10 control Its funds, we deem II of II
L utmost Importance that this thing shou
ve not be alio9ei to proceet on Its prese
10 lIaes without Councils approval.
gu john U. FARRA,
II President Of City Council.
a. JAMES F. MoGuNIGAL,
Chairman Finance Committee.
- tJ0Hs ~. NEWELL.
~ City Auditor.
10 Il. r. GRirFIrHi
SO CITY Treasurer.
nr "A, +. MRsslcR.
Us CLARK N t;ily l1unoll