Evening journal., 1889-08-06
STREET AND SEWER PLUM
THE BANKS WON'T GET THE De
POST AFTER ALL.

The directors of the Street and Sewer |
Department held special meeting last |
evening. Joseph l.. Carpenter, Jr, pre-
sented the following resolution:
"Whereas, At sundry public meetings |
held in the city of Wilmington during |
the winter of 1887, to take into consider |
alton the subject Of sundry reforms in |
the management of city affairs. it |
was unanimously resolved (among other |
things) that there be bill prepared for |
presentation to the General Assembly |
(then in session at Dover) creating a |
board of directors OF the Street and |
Sewer Department to take charge Of the |
streets and sewers of our city and TO con
duct the city work on business princi pies |
entirely free from politics Said Dill was
duly prepared and received the endorse
ment Of very large majority Of the
people who pay the revenues into the city
treasury, and upon its presentation to
the Legislature it passed both houses by
the required majority and became a law
April 20 1887.
Whereas Said bin gave to the said
board of directors all the jurisdiction
and control over the streets and sewers
and sundry matters that Council pre-
viously had. II contained a clause which
says: The moneys and revenue received
by the Street and Sewer Department
shall be deposited TO the credit of said
department in such bank in Wilmington
as it shall decide upon.
Whereas Immediately upon the pas
sage Of the aforesaid act there was passed
a supplement (being chapter 1S9, volume
Is, Laws of Delaware) repeating section
2 of said act lin so far as it related to the
funds of said Department. which com
PEELED the directors of the Street and
Sewer Department to deposit its money in
such bank as shall from time to time be
the depository of the other city funds.
"Wherers, Said act creating the Board
OF Directors Of the Street Sewer Depart
ment compelled the said board TO give Sc
curity in the sum of 500, 600 before their
appointments would be complete for the
faithful discharge of their duty accord
ing to said act and their oath Of Office.
''Whereas Said directors recognize the
injustice inflicted upon them by compell-
ing them to bond in such a large sum and
ae the same time removing their funds
from their control, which is an implica-
tion Of their inability to care for them
They at the legislative session Of 1889
presented a bill for the repeal
of chapter 1S9. volume II. Laws of
Delaware. Said bill not meeting
with favor by the chairman OF the com.
mittee in whose hands it was placed it
was not reported for consideration, but
was allowed to die in committee, it being
opposed by the most powerful lobby that
ever appeared in the legislative halls Of
! Delaware Failing to have our bill re.
ported (although at all times there was a
r majority Of both houses in favor of IT'D ii
| ~, fhass orl and mi aar,f
to bill vacating street which was
then before the Legislature.
Whereas, Said oil vacating 6 street
. with its amendment passed both houses
of the Legislature with the required ma
g iority on April 20, 1889, and is now
:. law, the funds Of the Street and Sewe
Department are now under the control d
I said department to deposit where they
may desire, as intended by the ac
creating said department.
Whereas, The sum now about tC
! ! come under our control amounts to some
1 $3.50, 600 annually, very large deposit O.
public money to lay idle in any institu
/ tion for its benefit.
j Whereas, It is the desire Of this de
s partment, acting for the public good, tC
give the people the greatest returns fol
y the burdensome taxation they have en-
a dured for years with very little of per
!. manent character to show for it in tn,
way of improved streets and sewers.
"Whereas, The interest on our aver
g age balances in bank at and 4 per cent
5 amount to very large sum annually
and the only way this can be saved 70
the use of our department is by deposit
n ing our money in some trust compan,
t that pays interest on deposits.
tfThavafora Ra raco1tyad bu fh
Board of Directors of the Street an
Sewer Department that all moneys an
appropriations for current expenses o
said department be deposited in til
& Security Trust and Safe Deposit Con
J. pany of Wilmington, Delaware.
Mr.. Murray opposed the resolution, a
ir he wanted the money put in the banks
l. and he made an amendment that tn
money be placed in the Union bank. TIL
:, amendment was not seconded and tn
- resolution was adopted The amoun
will make SIS, 900 interest a year.
The check for 1920, 900 was then signe
n by President Carpenter and Mr.. Cav
% throp. but Mr.. Murray declined to signii
Later in the evening the talk reverte
d to the appropriation. Mr.. Murray state
le that that bill was not passed fairly.
am going to find the trickery."
Then he and Mr. Carpenter wake
= warm for few minutes, and the discus
II sion ended in Mr.. Murray's statemen
Al that he would sign the check if he
assured that the Security will grant il
e. terest.
m The usual number Of permits wer
Ks granted, but the bills were not paid as I'll
er board will be without money until tI
check ia deposited.