Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1897-08-19
MEETING OF CITY COUNCIL
The Proceedings of the Session
Held Last Week.
A SMALL QUANTITY OF BUSINESS
Distribution of the Money In
the Treasury.
Thirty-seven Thousand Dollars to be Put
In Each OF the Four Depository Banks
The somi-annuai Inspection of the Fire
Department to be Made This Month.

City Council Thursday made what
might be called grand distribution of
money in the city treasury. The Union
National Bank, which is the active
bank for the city's funds had on deposit
of city money for current expenses the
large sum OF S3iS, Ill. Go. This sum
was accumulated mostly in the few
weeks just before the first of August,
being made up principally Of the re-
ceipts of Tax Collectors Mitchell and
Sayers. People had hastened to pay
their taxes before August LIST In order
to get rebate of per cent. The city
collects taxes not simply to keep them
on deposit but rather to spend the
money again in the various ways which
a municipality finds necessary. For
tho fiscal year which hogan July LIST
Council had appropriated the sum of
800, 900 for the Street and Sewer De-
partment and $3.50 for the Health De-
partment. On motion last evening of
Chairman 0berly of the finance COM
mittee orders were passed for these two
amounts and the two departments will
thus receive their annual appropria-
tions.
There has prevailed in Council for
some years custom of dividing the
city money among several OF the bank
ing institutions. If the city has $50, 600
or thereabouts on deposit that amount
il kept In Union National Bank, hut
should the figures rise higher, as they
do at this time, other local national
banks receive share of the money for
deposit. Thus at last nights meeting
Mr.. Oberly moved that an order for
s37, ZIG be drawn on the Union Bank
in favor of each of the four depositary
banks, namely National Bank of Della
ware, First National Bank, Central
National Bank and National Bank of
Wilmington and Brandywine. The mo-
tion was adopted and each of these four
banks receives the amount stated. IL
ia customary TO divide 60 per cent of
the total among the depository banks
and leave 40 per cent in the active bank.
This has been approximated in the
present case Union Bank retaining
about 500, coo and the other banks
taking S14s, S6i. When it ia recalled
that heavy drafts were made upon the
bank deposits to pay the taxes, it will
be seen how the depositing of the city
money go collected is in the line Of
evening matters up.
The public building COMMITTEES re-
ported favorahly ON the requests Of the
Police Commission for the building of
small house for use as bicycle house
by the department, and for cementing
the cellar OF the police station. The
committee was authorized to secure
proposals for both works. The bicycle
house is to be built according to plans
prepared by Chief Engineer James viii.
SOD. ..5--...
Mr.. o'Neil announced that the GRE
matory had been insured through Gil
pin & Co. for $4,000. This action was
approved.
The law and finance committees had
approved of the appointment by City
Solicitor Conrad of John F. Lynn as
his stenoRrapher and typewriter, as
allowed by city ordinance. The salary
of the position his 5000, The action
of the committees was sustained and
Mr. Lynn's name will go ON tine pay
roll.
The finance committee reported in
favor Of refunding ST. capitation tax,
to Thomas G. Appleby and Council en-
dorsed it.
The return of the capitatiun taxes OF
Richard f. Farlow and Josiah Lawrence
was asked, on the ground that the NOR
are non-residents Both application
were referred 10 the finance committee.
City Treasurer Curry reported the
balance in Union Bank to the account
of current expenses to he S34S, IL. Go
special fund for park purposes (purchast
OF park Iandl, $40, 15j. 63. His receiptI
we're: From Tax Collector Mitchell.
5000; Tax Collector Sayera $3.50: Ia,
Q. Kent, treasurer of S. p. G. A., SIT
City Aditor Pyle. Sl2 Numerous bill.
were read and referred.