The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-11-01
ONE BID FOR BALLARD BoNps
Too Good Go Re frae-Murehis.n Makes
Ceaneii n Circus

ONE BID FOR BAILARD BONDS
Too Good 60 BE -Murehis,n Makes
Ceaneii n Circus
The Pirsie Heal Estate and Trust Com
pany. Of Los Angeles. Cal. vas the only
banking house that sent bid 10 the city
council OF Ballard for the water works and
electric light bonds. Their hid was par.
accrued interest and SIS premium for the
entire issue Of Sas 675 water WORKS bonds
and $4,000 electric light bonds. The bad
did not specify the rate of interest, but
the ei;y's advertisement calls Tor bids a. 5
per cent.
-Four agents, representing y. W. Harris
4 Co. T. ii. Cav & Co. and other reeog-
nized tanking houses OF Chicago, Boston
and other Eastern cities. were present and
were ready 10 bid on Ter cent. bonds.
They stated TO tho council that it was
prsposterous to suppose thst the Los
Angeles house would Did that amount on
5 per cent. bond; that the market was
not In any shape TO warrant IL. They
we're unanimous in advising the council 10
accept the bid. If il meant per cent. as
none OF them could compete with il. The
council decided to telegraph TO the Los
Angeles firm 10 ascertain its understand
ing of the bid When the answer is re-
eeived the council will meet and determine
whether to receive any other bids.
The ordinance fixing salaries of city
officials was adopted on its final passage.
The assessment Cor the improvement o:
Polk street was sQualizsd and adopted.
City Attorney /. A. Murchison made four
journeys TO the clerk. Office before he
ilna.ly succeeded in handing Mayor Peters
the correct assessment roll. Councilman
Startup. becoming impatient over the
delay, said: Are We To wait all the even
ing on the city attorney TO the neglect of
other business ?" The question angsred
the city attorney. who said:
you have been making several breaks
at me. / am just as great q man as you
are; l was elected by the people and so
were you. You attend to your business
and I'll attend TO mine. You're . blk and
are run by the Stimson Mill Company and
/ have no use for you That's what /
think of you"
Stsrtup made no reply, but Chandler
moved that the marshal be instructed To
put him out. 10 which the city attorney,
with a smile. replied: II do not think
you can do that. | am your legal adviser,
l sio." The audience greeted this sally
with loud laughter. The mayor restored
order. and the ordinance for the improve
ment bonding system, copied from sim
liar ordinance in Seattle. was read by the
clerk.
During the reading. which occupied
about half an hour, the city attorney oh
iected to it eight times. saying as city at
torney il could not be passed without
being first submitted to him: that it was
too verbose and awkwardly expressed. He
insisted upon the clerk noting his objec-
tions on the minutes. The council lis
tened to his interruptions and objections
in silence. and after the reading adopted
the ordinance as read
An ordinance providing for the holding
of q municipal election at the hose house
on Ballard avenue. on Tuesday, December
and f. NJ. De Moss ana George b. Roberts
judges of the election, was adopted.
Chandler. Looney and keane were a
city attorney in a test case against the
West Coast Improvement Company for
collection of taxes.
A discussion on a temporary system of
electric lights, which would be self-sus-
tuin8uE, anu 10y hHc
empowering the light committee to rent.
If possible. the Ballard electric light plant
for SIX months.
Friday night was set for the trial of the
charges against the city attorney. Mnrch-
ison wanted TO speak. and though the
council would not hear him. he managed
TO say: ''Ghis council has no strings on
me-csn't do anything with me. What's
the use of going through the farce OF a
trial? do not care TO be here. I'll take
my action in court. Put the trial off until
after election. / have several engagements
to make Democratic speeches this cam
paign."
The council adjourned and left him
talking.
At another meeting of the council held
last evening the bid of the Los Angeles
brokers was rejected and three new bids on
per cent. bonds received. That of y. W.
Harris Il Co, of New York. being consid-
cred the best. the council will meet at 10
o'clock this morning TO make a iinal dis
position OF the matter. Harris 4 Co. offer
10 furnish the So. 275. bearing per cent.
for $l05. the money 10 be paid at once or
in instailments as required