Fairhaven herald. [volume] (Fairhaven, Wash.) 1890-????, 1892-04-14
A GOOD OFFER RECEIVED
A New York Financial House
Offers a Premium for Mu-
nicipal Bonds
An Adjourned Meeting Will Be
Held Today to Consider
the Proposal
Various Matters of Importance
Occupying the Attention of
the City Council

Considerable business was transacted
at yesterdays session Of the city coun-
Gil, and many discussions took place
over matters alike important and
trivial
c. W. Waldron set forth by petition
that he intended to erect a brick and
stone building on Twelfth street; that
J. NJ. Miller also had similar inten-
tions, aud he asked that he be allowed
to case the south side of his proposed
block, where it would join that to be
erected by Mr.. Miller, with wood Re-
ferred to committee on streets and pub
lie property.
City Attorney Hughes submitted IA
map, showing the proposed extension
of Mill avenue from Twenty-first street
to Twenty-fourth. Further time was
granted the committee to report fully
and City Engineer Gerhard was added
to the committee.
In reference TO the bill Of Wilkin IL
DERRICK, amounting to $50, for legal
services in the case Of +. NJ. Bourne VS..
the city of Farhaven, the city attorney
said he would have to refer it back to
the council; he did not know Of any
such case as Bourne VS.. the city, but
there had been such "A case against
officials Of the city. The bill was
finally referred to eX-CIty Attorney
Howard for statement of the facts in
the ease.
In the matter Of NJ. r. Feeney's bill
against Thomas Sheridan on account
of the Front street contract, the city
attorney reported that as Sheridan had
executed an indemnilying bond guar
anteeing the city against loss, ne did
not see any reason why the city should
not pay it, aud recover from Sheridan's
| sureties.
Attorney J, A. Frye explained that
the bill had been sent TO Sheridan, but
from what he could gather, Sheridan
seemed to think that the city should
/ pay the claim.
Councilman Donovan thought if the
! bill antedated the agreement made be
/ tween the city and Sheridan the city
should pay it, and no proceedings
| should be taken 10 recover from Sheri-
dams sureues. If 1t did not then the
sureties should be compelled 10 pay the
I
/ he did not see how the city could be
freed from paying the bill.
KinghOrn and Aubrey agreed that
the bin should be paid in justice to Mr..
Feeney. Griffin was not sure that the
city should pay it, and Ahern re-
marked that as he was on Shcridau's Is
bond, he would say nothing. King
horn moved that a warrant be drawn
D I'm of RI ltt a.
carried
Griffin then moved that suit be com
imeu,yd for recovery Of the amount,
and Donoyan amended 10y moving that
the city attorney be authorized 10 en-
IplOy Wilkiu d Detrick at a cost Of $3.50.
Griffin then scored cX-ttty Attorney
Howard for his part in the Bourne in
junction case and charged that he had
sacrificed the city's interests.
Things began to get little lively,
and the mayor refused to entertain
Councilman Donovan Is amendment.
| Donovan said he did nOt want TO be
placed in the position Of making
ridiculous motions, but if the indemui-
tying bond meant anything, it was
clear enough that the amount could
not be collected.
Aubrey explained that he would vote
against Grillin's motion simply 10
avoid litigation aud unnecessary cX-
pcnse.
Griffin finally Withdrew his motion,
and the bill was passed unanimously.
. City Engineer Gerhard asked and
was granted few days more time i'm
which to complete the proposed sewer
estimates aHd specifications.
Chief Gibson, Of the fire department,
reported that the heater placed In the
fire hail would not give complete salts
faction until it was placed in the base.
ment. Referred to the committee on
fire, water and light.
Street Commissioner Kl0stermaH
said his force could not get their war
rants cashed there being no money in
the street fund, and hc asked the coun
ell to take some action in the matter
Referred g. the judiciary committee.
, MnNor Mckenzie, rs chairman Of tht
bond committee, reported that Mr.
White. WuO represented New Yorl
financial Jncern, was present and wui
prepared 10 make an offer for SIS, ,0Ol
4 worth Of bonds.
3 Mr.. White then submitted the fol
e IlpW,ug propositions: For the bond
with tho trst six months interest cou
pous cut uT or coupons maturing Jan
:. Iu.N /, 1872, we will pay you par an,
"a ptouium ofSl 200.
Councilman Kinghorn said il wa
rcu ly offering premium Of $40 for TN
bonds, he accumulated intefes
: amounting to S8Zj.
- COuncilma.. Donovan was not usual
700 iavor of private bids, but if wor
was TO be done it made great deal q
difference Who ier It was done In tlf
wet or dry seasons, and If work was {
: be done money was necessary to pei
form il rather than the credit of th
CITY lie therefore favored Mr.. White
81 bid, provided he would put up cert