The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-02

was the amount of the loan secured on the
Ricketts, appraisement. Chairman Young
.aIr. wildman. what would you have
been !, wiling to give n cash for that prop
Colonel Wildman did some skilIful dodgillg
for awhile, but finally declared he would
board
Harry Murphy, son of John W. Murphy,
who sold the Ricketts, property to the
board. said that the property had never
been offered to Horace Mckay for $4,000,
fS q F Elise for foa pTee building in
spector of the city, was Intercepted as to
the construction Of school No. %, located
what changes were made while the build
ing was in course of erection.
tracing carp pana Was familiar with the
buildings on the Ricketts, property He
thought the. School Board got the property
at fair price. He was called by attorney
Dryer, as was Bernard Vonnegut, con-
tractor and builder Mr.. vonnegut assisted
He said the foundations of the building
varied from the original plans. This testi-
peaching the testimony Of John b. Con-
ner, who was before the board early in
the was bad eaaed Mr. oeper m
singular attitude before the public as to-
the College-avenue school.
John W. Murphy corroborated the state
ment. of his son concerning the price, asked
for the Ricketts, property, for which Mr.
cured ed between the witness and Chairman
Moore before they began to understand each
other. +.
Kay about the property. did you not, Mr.
Murphy? 2 auerhle si the Chairman ha Zoe sa,a-.
ventured the witness, but the inquisitor
has I'm d not sng AND s what What Mg sad
We'll, just let me tell it my own way
won't your"
II insist that will tell it my way.
Well. I insist that you shall not Now;
the way the committee directs or you shall
"An right, then I'll not The witness
Mr.. Murphy remembered the conversation
Tickets property He had informed the
latter that he could get the house no. cs ana
Mckay asked if $4,000 would buy the whole
of 1t: Mr., Murphy replied: II don't know
A. T. Williams Hams Of the STANDARD Oil Com.
pany, and formerly treasurer of the School
Board testified that he received a interest o
the school funds between the years OF 1855
and 1892 Mr. Williams did not rem I.s.
could he remember the. amount Of balance
in the bank. He deposited the fund with WITH
out knowing the rate of interest that would
be paid. A rate of 2 per cent. was paid
the last year he had control Of the fund;
Bena od the
mittee that he was connected with the
bank during the time the, institution en- m
School Board. He recalled an account with
Treasurer A. L. Williams. June % 1880.
Of the s schoel Board 500 the
same amount was credited to the interest
Theodore r. Haugney was president of
the bank, School funds had been deposited
in the Indianapolis National for. a good
on ,s'- the retirement Of Treasurer Williams.
The bank paid interest only where 1t was
necessary to retain deposits Mr. Robinson
said it was the custom to pay per cent.
interest on an open account
Il. will ask you. if. in 1884. thirty-tho,u ~,
terest? continued Chairman Moore.
Eyes, the indianapolis National would
have paid interest on that amount.
Eff the account of the School Board av--
eraged $4,000 what rate of interest would
hsYe e sssq SAID but DON'T Mt think Mr.
Haughey would have paid more than per
cent?
large funds in 1894 without lending them?
Yes I think Mr.. Frenzers bank carried
large surplus OF Iron ia Han funds Ma
tional Bank carried S4OO.O00 OF iron HAL
money under an agreement not to lend It!
Eyes, sir, / have heard that such was a
fact"
Charles H. Adam, treasurer of, the School
Board, was among those called at the re-
quest of the boards attorney. He was
asked if the Indianapolis National Bank
had offered him interest on school funds,
Yes, SIR he replied, they oHersd me
rate of per cent"
did you try the Capital National Bank"
Yes. / was offered 2la per cent. py 'na'
bank oz
which provoked o violent ed afngnnv prver
The chairman had been reading ms queries
from a sheet of typewriter paper HANDED
him by the attorney. He put each of the
queries without hesitation until the last
one was reached. 1t was this: AT the time inc
how much money would you have had o.
deposit in the bank if you had been de-
posting the school fund md tn 1e question Int
turned angrily to attorney Dryer with the
remark: :. ..o,on+ o,a ,b;s Wit
ness shall not answer it. Mr.. Dryer.
II don't understand why it is not peril
nent holly exelaime e - nat nat g Peatit
II don't care what you don't understand,
Mr. Dryer interrupted the chairman; The
committee is running this invesugation 70
"oh. there can't be any argument there"
that you are running this Investigation.
running it pretty much to suit yourself.
Now look here, Mr.. Dryer. the commit
tee has permitted you to. come here, but
can &c get out out This from the chairman in
voice of thunder and with swapping eyes;
Then the obiectionable query nn was p pa sea
opinion of the chairman. Mr.. Dryer pock-
eted his manuscript and swallowed his
wrath.
tify to the temporary loan of the board
in 1893 She said it was $4,000 The tenn
porary debt is the same now. Miss Ridenour
said all of the loan was represented by
buildings and grounds.
The witness was asked as to the sal
aries, aside from the teachers, paid
by the board. She read the following
list: Superintendent schools, 5000; assist
ant superintendent, $500: superintendent
Manual Training School. $500; city librar,,
ian, slS00; superintendent buildings and
grounds, 1,400; clerk TO superintendent
buildings and grounds $500; clerk to super
intendent schools. $720: assistant secretary
School Board $500.
Mr.. Petit put the following questions to
the witness:
Miss Ridenour, do you know of any
dealings in the School Board since your
connection with it that were unlawful or
improper?"
No, sir.
Have you heard that Mr.. Loeper has
done anything that was unlawful or i'm
proper"
mo. sir"
thing that will lead to a clew to unlawful
conduct?"
II cannot"
Have you heard of any member of the
board conducting himself in any other rhan