Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1896-12-18
MEETING OF rnn CITY COUNCIL
Considerable Business of Importance
Transacted Monday Might.

Considerable business of Importance
Transacted Monday Night.
An adjourned regular meeting of the
city council! was held at the city hall
on Monday night Present the Mayor.
and Aldermen Rceder, Mcgowan, Brad
ley. Gibson, Wells, Jenningsand Mower.
Petitioned ID. *. Hand for the put
ting in and repairing of certain cross
ings on Cold brook was read and on
motion referred to street and alley
committee.
Moved by Alderman Mower and
seconded by Alderman Wells that the
water and light committee be given
one more week i'll which to report.
1lotion carried.
The following communication from
Thomas u. Mackinlay. receiver of the
First National bank, was presented and
read:
TO the Mayor and City Council of
the city of Hot Springs.
Gentlemen The City of Hot Springs
S. d.. holds the certificate No. is issued
by Alvin Fox. receiver of the First
Nationa! Bank of Hot Springs. for the
sum of S42l9.S6. ON which has been paid
the sum of .ss;32.971, leaving due on said
certificate the sum of S'oS6S9. The
undersigned has i'll his hands as re.
ceiver of said bank the following
special and general fund warrants
giving numbers and amounts in de-
ta;l) amounting to s'.SoS1.10.
1t has been suggested. III view of the
fact that compromises aud trades are
now being allowed in the settlement of
the affairs of the First National bank.
that these two matters might be offset,
the one against the other. The under
signed has therefore prepared this
statement. that if your honorable body
is so inclined the matter might be ad-
judicated. Yours Very Respectfully,
THOMAS Il. MAcKISLAY.
Moved 10y Alderman Jennings and
seconded by Alderman Bradley that
the compromise suggested 10y the
receiver be agreed to and that the eX-
change be made. and that said claim
against the bank be cancelled. Motion
carried unanimously.
Moved by Alderman Wells and sec
onded by Alderman Mower that the
matter of settling the claim of the city
against the FIRST National bank be re-
ferred to the fire committee with full
power to act. Motion carried.
Alderman Jennings, chairman of the
finance committee, reported that w
j. Mcgowan had offered to loan the
city sufficient funds with which to pay
off ono half of the Parrott judgement
and take general fund warrants ut SO
cents on the dollar.
Moved by Alderman Mower and
seconded by Alderman Reeder that the
city accept the proposition of Mir. Ma
gowan as stated 10y Alderman Jennings
and that the auditor be instructed to
draw IL general fund warrant for the
sum of ST7:,1 in full settlement of the
said Parrott judgement. Motion car.
ried by the following vote: Yes, Brad
ley, Jennings Mcgowan, Mower, Reeder
and Wells; no, Gibson.
Moved by Alderman Mower and sec
onded by Alderman Reeder that tho
city settle the claim of Wood n Buel
for one-fourth of the Parrott judg.
ment on the same conditions and that
the auditor be instructed to draw I;
general fund warrant for s367.5O il
ullpayment of same. Motion carried
by the following vote: Yes, Bradley
Jennings. Mcgowan, Mower, Reeder ane
Wells; no. Gibson.
Moved by Alderman Jennings anG
seconded by Alderman Bradley that
the city auditor make statement oi
moneys expended from May to date
Motion carried.
Moved by Alderman Jennings ant
seconded by Alderman Bradley thai
proper books be procured for the cit.
auditor. Motion carried.
On motion the council adjourned til
next Monday evening until 7:30 o'clock