The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-11
COMPLICATIONS Arise Which Will
Be Hard to Arrange.
FORM OF THE NEW BOND WHICH
WAS SIGNED.
But the City Attorney Refused to
Approve of it Without Clause
Which Would Make the New
Bondsnen Liable For the Money
Lost Under the Old Bond.


the new bond which the council is
May came to light yesterday and
throws off some of that garb of mys-
terry with which the members of the
council are in the habit of inclosing a
public matter of this kind. At the
same time it discloses the existing
state of affairs, and this not alone
confined to the treasurers department
either.
When the Bank of Salt Lake failed
| and something like $4,000 of the city s
money was lost, the treasurer's bond
was examined and said TO be defective.
! The result was, at least, that the
| bondsmen of Jack May thought they
had good grounds for a defense, a fact
now indicated by the answer thew
make to the city's suit to recover the.
money. They set up as defense that
Mr.. May was never treasurer of Salt
Lake City, never having qualified as
such. However this may be, Mr.. May
was some time ago requested to fur
nish new bond, and this is where the
interesting story comes in.
City Attorney Mckay was not sat
isfied with the old form of bond and
furnished Mr.. May with new form.
The latter went to his sureties, MeSsrs.
Dolly and Mccormick, and they sub
mitted the BOND to their attorneys,
who pronounced it satisfactory, with
the exception of one clause, which
they desired changed. They commune
Gated with City Attorney Mckay over
the telephone and he agreed to the
change, so they say Mr.. Mckay, on
the other hand, says he told the at
torneys to make the changes they saw
fit and submit the bond to him for in
spection. Thus there is a conflict on
this point. The fact was. however,
that the bond as changed by Messrs.
Dolly and McCornick's attorneys was
duly executed and signed.
FORM OF THE NEW BOND.
1t read:
Know all men by these presents:
That we, John l.. May, of the city
and county of Salt Lake, state of Utah,
as principal, and William S. Mccormick,
John E. Dolly. Matthew Cullen and
Abraham Hanauer, all of the same
place, as sureties, seyerally acknowl-
edge ourselves indebted to, and are held
and firmly bound unto Salt Lake City,
a municipal corporation, in the county
of Salt Lake, and State of Utah, in the
following penal sums. towit:
The said John L. May. as principal
debtor. and not as bailee, in the penal
sum of $3.50 900; and the said sureties
The said w. S. Mccormick, in the sum
of 100000.
The said John E. Dolly, in the sum of
100000.
The said Matthew Cullen. in the sum
of S25, 900.
The said A. Hanauer. in the sum OF
$4,000 lawful money of the United
States.
For the payment of which. well
and truly to be made, we hereby bind
ourselves, our heirs, executors. admin
istrators and assigns, jointly and sew
orally. firmly by these presents.
Sealed with our seals. and dated the
" day of February, A. D., 1897.
The conditions of the above obliga-
ton is such. that whereas the above
bounden principal, John L. May, was
on the 5th day of Nov. 1895. duly
elected to the office of city treasurer
of Salt Lake City; and has been duly
commissioned as such treasurer, and
taken the oath of office, as required by
law;
Now therefore, in consideration of the
premises, if the said John L. May shall |
from and after the approval of this /
bond by the city council of Salt Lake !
City well, true and faithfully do and |
perform all the official duties enjoined |
upon him by law and the ordinances |
of said city, during his continuance in /
SAID offlce; and shall well, truly and /
faithfully discharge all the duties /
which may be required of him by law |
and ordinance enacted subsequently, |
to the execution of this bond; and shall |
in safe custody keep all money and I
other property entrusted to him and I
to the officers and employees appointed
by him; and shall not directly or indi- |
rectly, for himself or for others, or by /
others in trust for himself, or on his
account, have any interest or concern
in any contract, agreement, purchase
or sale made by him personally or in
connection with others in behalf of
said city; and shall after the approval
of this bond pay and turn over all
moneys and property belonging to the
said Salt Lake City, received by him,
and by any officers or employees ap-
pointed by him, according to law and
the ordinances of said city and the |
of its council. then this Oh
legation to become null and void. other
wise TO be and remain in full force and
virtue
Signed. sealed and delivered in the
presence of
(Seal.) -
State of Utah, county of Salt Lake,
ss.-The sureties whose names are sub
scribed to the foregoing bond, being
severally sworn, each for himself and
not one for the other. says that he is a
resident and householder within the
said state of Utah, and is worth the
sum placed opposite his name in the
foregoing bond, over and above all his
lust debts and liabilities, exclusive of
property exempt from execution.