The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-11-18
BEDELL HAS HTS WAY
S55o,ooo Worth of City Hall
Bonds to be Sold at Five
Per Cent.
COLLECTOR O'NEILL's SALARY
Sidewalk Inspector Philip MuldOon
Called to AccOunt-0ther
Business Transacted.


Commissioners met aud decided to offer
the much talked of s55. .0O0 of City Hall
bonds for sale to the highest bidder on
December IA. No bid lower than par and
accrued interest will be acceptsd. The
bonds would prob ibly have besn foated
before this had it not been for the fact
tnat Democratic Com nissloners Bedell
aud Fraser took exception to the actloa
of their Republican colleagues in meet
Ing on October % aud adopting. they
said, at the request of Mayor Wanser. a
resolution authorizing the Finance Conn
mittee to issue the bonds. 1t was brought
out at a nesting at which the su ojsct
was hotly discussed that Mayor Wanser
hal a purchaser for the entire batch of
$500 at par and accrued interest.
Commissioner Bedeli, who is Chairman
of the Committee on Finance was DiQued
because OF the disclosure. and declared in
open eoard that it was in his power. be-
yond all doubt, to float the bouds at a
better advantage 60 the city than par
and accrued interest. The kick made by
Messrs. Bedell and Fraser was not with
out avail.
TO SELL THE BONDS.
It bore fruit last night aud resulted in
resembling the original resolution offsr-
ing the bonds for sale. Theu came
volum1dous resolution by Bedell, who
sat off i'll one corner and smiled while it
was being read. The resolution provided
for the sale of the entire batch of bonds.
They are to bear five per cent. interest,
the interest and principle being payable
In GOLD coin. Interest is payable semi
annually under the resolution.
The payment OF the bonds is provided
for i'll this manner, From the year of
1CDO ~
are TO be paid off yearly and the remain
ing $3.50, 600 is payable on demand on the
first day OF January, 1924. The interest
on the bonds will be provided for each
year in the tax levy. On December IA. the
honds will be exposed for sale after New
York banker have been notified OF the
sale by circulars and advertisements
The proceeds of the sale will at once be
placed to the credit of the City Hall Com
missioners and the City Hall site, now a
grazing spot for costs saad arena for
pugflistically inclined youths, will as
sumo an air of activity and the great
Hall will have been begun.
TERMS OF THE SALE.
OF the S550, 900 worth $25, 900 are to be
ready for delivery to the purchaser on or
before January 2, 1894. and the remain
lug $4,000 will be delivered at such
times as agreed upon by the city and ths
purchaser.
Hall bond business at all. the Finance
Commissioners were In secret session for
two hours. gStrr
The estate of John M. Shannon notified
the board that it would no longer hold
itself responsible for City Treasurer j.
B. Cleveland as his 6ondsman. Mr..
Shannon was one of Mr.. CleyelanG's
bondsmen, and now that this bond has
been Withdrawn new one will have to
be supplied. Mr.. Cleveland has already
taken steps to secure tie necessary
SUI ETY..
City Collector O'Neill recommended to
the board that Charles b. McAnally.
messenger of efficiency of his office for
years. he promoted TO clerkshiD at $40
per month. made vacant by the death of
the Collectors SOP, John. The Collector
also recommended that James Merritt.
colored, be appointed to the Office of
messenger at a salary of $50 Der month,
to succeed G. B. McAnalIy. The recom-
mendations Will be acted upon later.
The Collector also reported that the
assessment map of the Ogden avenue
sewer, amounting TO $1.55S had been
fled with him for collection. also the
maps for the Magnolia and Baldwin
avenue sewer, amounting to $7.93i.80; for
the improvement of Sherman aveuus,
amounting to 81. 204. 40; for the Virginia
avenue Improvement. amounting to So
419, and report No. SO of the Commls-
sloners OF Adjustment. the whole aggre-
eating $l09. .S13.27.
BIG BATCH OF BILLS.
A batch OF bills amounting to several
thousand OF dollars WAS presented as
emanating from the Joiht Outlet Sewer
Commission. One Was for Sl,S36, dam-
ages TO he New York. SusQuehanua aud
Wes' ern Railroad Company. aud ano h Or
for 81. 564 to The Northern Railroad G NJ
paay as Jersey City's share of tbs dams
A.
would be compelled TO elevate their re-
spectIve road beds for few hundred feet
near Tyler park, SO as not TO disturb the
level of the sewer. Chief Engineer Rng4
giles declined to sign the claims, main
tanning that change of the roa,l bel of
either road was unnecessary. fnasmuch
as the sewer could be syphoned at the
objective points at much cheaper figure.
The bills were not paid.
Corporation Counsel Edwards explained
also that Chief Ru2gies advanced the
theory that to award the railroad COM
panies damages was merely bearing an
expense which the companies Will in a
h )rI time shave to bear themselves In
Keep their road beds above tide water :.
Tue Committee ..on Concurrent Resolu-
iious reported that plaus were being dis<
cussea TO relieve Hill residents of the
scarcity of water. The Belleville and
High Service pIv ROLL amounting to
St, lOE OcbDD6T, WIS Oru6ESQ pAlu.
Frank Decker's salary. SIS per month as
a clerk in the Street and Water Board
Office was not concurred in.
A move looking, to the redemption of z
per cent. outstanding bonds. due Janu-
AIRY /, 1894. was set afoot by the passage
of resolution authorizing che City
COMPTROLLER aud City Treasurer to Dur-
chase all such bonds possible wherein the
city will net per cent. on the invest
ment.
SIDEWALK INSPECTOR MULDooN.
The board also look up the sidewalk
account, in which it is whispered there
turks little scandal At the beginning
of tHe last fiscal year an appropriation of
$40 600 eet aside for the repair of side-
wslks was Phil Muldoon was appointed
INSPECTOR of sidewalks. Uuder.t he lawgov-
erning the appropriation, assessments
may be levied f5r work done. No assess
ments have been heard OF by the Finance
Commissioners and last night they re-
ceived from Comptroller Hough Il report
of the condition of the sidewalk account.
OF the $4,000. 81 1856 66 has been raid to
Maldoon for his services. aud 81, ,9l597 Tor
supplies aud labor. No assessments have
been made. The report of Mr.. Hough
somewhat surprised the commissioners
aud they adopted a resolution tifrec5ing
tue Street and Water Commissioners
to submit report OF what sldewalks
have been repaired and where all the
money has been spent Some sensa-
iional deveIoDmeuts are axpected
COLLECTOR o'NEILLs S SALARY.
The question of whether City C0ilactor
O'Npfips salary would 1e returned to
x4r INN