Evening journal., 1892-07-29
A WARM WEATHER SESSION
The lntolerable Heat Limits
City Legislation.
An Important Resolution Adopted Re

An Important Resolution Adopted Re-
garding the Deposit of Public Money.
The Contract for Badges Awarded.
The City Councilmen struggled into
their seats with perspiring faces last
evening and sweltcrcd throughout the
meeting despite tine frantic swish of
many fans Hardly half the quota of
members was present when the session
was called to order
James A. Allen, of Philadelphia was
awarded the contract for furnishing 800
iiremens badges at 32l cents each
The petition of John =. Frazier for the
return of So 80 overpaid taxes was re-
ported iavorablv by the finance commit
tee and ordered refunded
ON the call of wards Mr. Magee of the
Fourth ward sent TO the clerks desk a
communication from the Board of Health.
notifying Council of the appointment of
John V Christy and John Mcdowell rs
extra health officers. The communica-
tiou was received and ordered TO be fled
Mr. Thomas. of the Fifth ward, pre-
scented the annual report of the treasurer
of the Board of Public Education, which
was read and ordered to be fled
President Benson vacated the chair to
Mr. Magce and presented the following
resolution.
Resolved, That from and after the passage
of This resolution the following shall Toe The
regulations concerning the deposit of public
moneys subject 90 the control of thc Council +;
frst, The national banks ot this city may
| hc legal repositories OF the public funds suh-
/ icct 10 the approval of the Council.
second. The Union National Bank shall Dee
/ the active bank and the others shall hc known
Third, Interest AT the rate of not Jess than
/ two per cent yearly shall be credited hy each
! bank 10 the city monthly on its average de-
Iposit.
Fourth. An the cash receipts of the city
| shall DE deposited iu the active bank.
flith, ON The second Friday of each August
| and February the treasurer shall draw in the
usual way from the uctiyc bank and deposit
| in equal parts in such depository banks a-
| shall have been approved by Cuuucn, seventy Sc
! five a1i per cent. of said funds actually indc-
post with soia active bank, provided tnal
| none OF the depository banks shall receive
| more than twenty I2W per ccntum.
sixth. Whenever and as often aH the city
deposit 10 The active hank shall actually hC
reduced 90 caNNNO the city treasurer shall
| draw from each depo-nory bank the sum of
| 500 and deposit the same In the active bank
but when the deposit in "a depository bank i'
reduced 20 5000 or less the whole of sand de-
posit shall DE Withdrawn when the next diai
Ar resolutions or parts of resolutions 40
yaricnce with she above regulations are here
! bs repealed.
| I'D moving the a0opllOn OF ihc ieSolu
tion President Benson said he did mo-
wish 20 force hasty action. He realize,
that the resolution dealt with very i'm
portant subject, and that every membe
of Council should have an opportunit.
to study the case. and if he wished, al
his opinions about IT, lie therefor
moved that the resolution and the ques
ton it raised be referred 20 the Council
as "a committee of the whole; and tina
the committee be instructed TO meet q
o'clock ON Wednesday evening
August 3. and prepare a report to b
submitted to Council on Thursda
evening. August T. And that the cler
of Council be instructed to notify tn
president of each of the national bank
of the city. that they shall have tin
privilege of being heard at said commit
tee meeting either in person or by a rel
sentative The resolution was adopte,
The bond of ex-Street Commission,
Francis McCloskey, given in 1883, was o.
dered to be cancelled
The session lasted but little more tina
. half an hour