Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1889-08-07
THE FINANCE MIDDLE
STILL NO MONEY FOR THE
STREET COMMISSIONERS.
The Check For s1e0. 900 Dishonored u,
the Union National Bank, and
tho Chock Goes to
Protest,

The signature Of James Murray to tho
check Tor Sl20, coo from the City Council.
to enable the Street and Sewer DEPART
nent to draw that amount from The
Union National Bank to place It In the
security Trust and Safe Deposit Com
pany, by no means save the department
possession OF the money az was expected
when Mr.. Murray signed 1t.
When 1t was signed 1t was as tho
REPUBLICAN stated yesterday, deposited
Win the trust company named, when
Mr. james B. Clarkson, treasurer OF the
company, took It down 10 the Union
n ational Bank, few doors bel. W, to get
the money. Instead, however, of the
check being honored Mr.. Clarkson was
called into the directors room. where hc
met Cashier John II. Danby and VIII
iaid SALISBURY, Jr, Esq, counsel for the
foahh, ~ where fe was told by them
that The Jaw made the Union Bank the
depository OF all the city funds, and as
this was an attempt to transfer part of
these funds TO another place Of dem all
tn were compelled to decline honorinR
the check until they Lad consulted the
city authorities. They would send a
communication to the City Council at IT,,
weekly meeting on Thursday night AN d
ask for Instructions from that body. Mr.
Clarkson then withdrew AMI notified tie.
Street and Sewer Departmel of the
ection OF the Union Bank officials. The
department, which was busy at the time
IN drawing checks TO psy wol kmen and
tnose who furnished materials, imme.
uiately suspended business operations. as
II was no use drawing checfs without the
money TO pay them. The bills ap.re-
gated about Sl0.0 900, and many to whom
money is due will be put to very great
Inconvenience by not getting paid.
r. one or, ditor 10 whom the city owed
several hundred dollars, had n note of
t70O to meet at q bank yesterday aud he
was depending upon the money due him
from the Street and Sewer Department
to pay 1t. Through the personal assist
ance, however, Of Messrs. Carpenter and
Gawthrop he was enabled TO renew his
ntte.
When The Directors saw that the
Union Bank had refused to honor the
check, 1t was decided to adjourn until 2
O'Clock to SEQ what the final upshot
would be. In the meantime Ben 10 min
Nields, Esq., President Of the Security
Trust and Sale Deposit Comi any, was
consulted by Cashier Clarksou, when II
Vas decided to have the check protested
- hch peau " - " C'oChs
At the hour appointed thetDhectors of
the Street and SEVER Department nUain
met but as there were no tidinQs of the
famous check, there was nothing to do
Alter waiting until within ten minutes of
O'Clock, President Carpenter put on
his hat and welt over to the Office OF the
Security Trust and Safe Deposit Com
pany to see what wils to be done.
Re there found that Cashier ClaIkscp
had again presented the check at the
Union National Bank for payment where
he found that the bank olflcials had been
backed up by the following commupica-
ion from the officials of the City Coun-
ell:
WILMINGTON, DEL. August 9th, 1880
The Union National Bank OF Whining
ton-GENTLEMRN:- Having just learned
the intentions of the Street and Sewer
Department in regard to removing the
MONEY belonging 10 that department
from the city depository to the Security
Trust and Sale Deposit Company, which
has not been deeignated by
Council as place OF deposit df the |
city's money, We ask that you decline to
honor any checks of the city Tor such
purpose untils BIO WEclc mat or can te |
brought before Council for its ac ion
'Ai'ei suc iofoie VI Couheii com mm1tlte |
,n the act protesting to give said Depart
nent the right to contiol is funds, we
Item It of tho utmost importance that
his thing should not te allowed TO pro.
iced on It's present lines without Council's
approval.
JOHN G. FARRA,
President OF City Council,
JAMES F. McGoNIGAL,
Chairman f Finance Committee.
john NJ. NEWELL.