Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-07-14

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Leaning that the Augussa 6svissv BsaI
hsd sold the building seespied ~ & a. !,
many years. the JOURNAL called upon n
Lsndsil Tifcomb, the purchaser:
We understsnd. Mr.. Tiscomb, that 70,
bsys bought the old servings Bank build
ing"
"welI. yes, bassainsd for it,
Have you determined Whist nss will b.
msde Of II"
aNo not yet. II has bssn sussestsd Ia,
the city ought 10 have il 10 use Tor he city
affcss. I have had the spp,icasisn for |,
but IL the city wants is, shall pesfsr tia,
the city bsvs IL. It 10 suessstsd shat IA
city could use the banking room q q treas.
usef's fee and the two Heons abovs n
quA1tefs for the council snd Aldermen,
The third story for which The city would
have 10 use q present. 10 leased for Z tern,
Of years. The banking room vould make
very fne tressuseY's cface--shs best ia
this State without doubt. Il has !
costly tfeasufef's counter with plate
slsss screen, and one Of the bes,
vsnia in the county. The vsuls i
~ expensive 6fepfoof one with burxIsr and
frepfoof doors. combustion lock etc. The
doors 70 that vsult were made Ia this CITY
under the personal direction Of Mr. houas
Lambard who took great deal Of psins
9th them. Up staifs there 10 good vault
also fitted with combination lock &c.
"it would sesm to make IN ideal treas
a,ers Office and - | said il the city thought
ths, il wss peculiarly valuable for ctr
purposes would taPn IL over d the same
price agreed upon BY the bank and myself. -
''Do you mean Jesse it to the city,"
No. With credit ~ good - the city .
!, would seem to be municipal economy Tor
the city TO buy it,"
What would the city have to pay for
suitable rooms - rent"
"Weil the committee on securing quar-
teYs appointed since the ere, Of which I
am q member, has had but one place where
they thought the city could be sccommo.
dated, suggested. That IL In the 10 be-
rebuilt. Granite Block. The price fxed b.
Mssr.. Holman and Haynes for three
rooms on the second floor was seven hun
d,sd dollars . year. II more room
vas taken. one thousand dollars a year
No doubt 'hey would give The
city good quarters. In favor Of the savings
bank building plan would be the fact that
tho city would save ell expenses Of Auiug
up a tressnrers office after the office isseif
vas hired. The bank room Is ready for
business being fitted with everything even
10 tables and gas fixtures. Besides, IL 10 on
the street Goor, and while not absolutely
essential, perhaps 1t would not be out Of
placs for the city to consider the aged
people who are compelled to visit the Office,
particularly ~ it would cot cost 90 much Is
an Office up stairs elsewhere"
Are you willing To state the price you
psy for the building"
Certainly. Ten thousand dollars"
--."How would you suggest that the city
could buy IL"
well. the city's credit 10 good and il
we're arranging 1t on behalf Of the city,
should propose to issue bonds to the amount
Of el0, 900 on twenty years time bearing in
terest At four per cent. These would pay
for the building
would the bank take the four per cent
bonds Of the city,"
probably not ss they pay four they have
10 get more. This would make the interest
10 be paid yearly or rent il you so call it
four hundred dollars. The upper floor is
iessei for one hundred dollars a year max
ing the yesriy expense to the city for he
accommodations only three hundred dollars
a year. For this they would get 8 d ne
nessurers Office on the street foor with
cool room, shove for the city council.
Besides there Is room on the street floor
used - the bank trustees room which the
city could use as mayors Office CT
auditors office or assessors room il
il Att fn ar
rooms for those officers. Heretofore
those officers have used the council or
aid. fDen's rooms. They are used but
few times year and in the evening, and
in there would seem To be no reason why
other ways by other officers ia the day
time ss has been the practice in years past.
However. there is the room which the city
could make any use Of that 1t saw fit" MI
counting the trustees room the city would
be paying & hundred dollars apiece for
three rooms fitted with water COW snsnces,
vaults, counters, etc and one Of them on
the street dlor. This plan would seem to
make very low rent for frst-cIsss qu,r-
ters
Then you would urge the city TO buy
it."
We'll no, not 80 strong ~ that. SIM
ply say that there is the building which
seems to me to offer the best and cheapest
accommodations needed by the city. 1.-THE
city thinks so too. viii turn it over to the
city 4 the price sgreed upon between
myself and the bank
"lf the city does no. want it what will
you probably do with it?'
81 will keep it and devote t. to other
uses. Perhaps eventually use it ss ticket
office, treasurer office and express office
In connection with The Augusta and Ess-
ern kennebec Grand Trunk Air Line Mar
row Gusge Railroad, running from Angus
Ia out to!Weeks Mills. Branch Mills etc,
which hope to see built sometime in the
future"