The Indianapolis journal., 1898-06-18
1T ISSUES A NEW LOAN
SCHOOL BOARDS CREDIT NOT AS
GOOD AS THE GOVERNMENTS.
Pays Nearly Four and "a Half Per Cent.
Miss Williams Makes
Complaint.

Ihe meeting of the School Board last
night was not marked by any sensational
features, but a large amount of work was
done. every one desiring to dispense with
anything calculated to impede the quick
transaction of the pile of matter on hand
and get out in the cool air again.
The announcement of the board of its pur-
pose to negotiate a temporary loan of $780,
600 in anticipation of the revenues brought
two bids. One was from Denison, Prior &
Co., of Cleveland o., who agreed to place
the loan with proper parties at per cent,
for which they demanded a commission of
$975. The finance committee, which had
failed to agree on the matter of recommend
ing the bids yesterday afternoon, later
agreed on report, and, in touching on this
bid. reported that treating the commission
asked as additional interest, and charging
interest from July /, 1898, to June 80, 1899,
practically made the bid one of par, with
$11, ,414 interest. Farson, Leach & Co., of
Chicago, agreed to take the loan at par,
with Az per cent. interest, and agreed to
pay $117.50 as a premium to the board This,
when deducting the $l1750 from the interest
at Az per cent, results in bid of par and
$11.577 interest or $16322 less than the bid
of Denison, Prior & Co., and therefore much
less advantageous to the board. According
ly, the board being advised that the step
was legal one, the contract was ordered
closed. and notes for the money to be issued
for delivery July l.
The committee on buildings reported bids
for the putting in of heating apparatus at
Schools 30 and 10. as follows:
School No. 55-Kirkhoff Bros, 81, ,299; Mock
& Cook, $l,71666; Healey & OBrien, $2,O65;
walters & McBroom, $2,64S; j. S. Farrell
School No. 1O-Kirkhoff Bros. $2,OSS; Mock
& Cook, $l,71666; Healey & OBrien, $2,O65;
Walters & McBroom, $z,560.2S; j. S. Farrell
& Co, S1,S25.
The committee on the Gregg bequest re-
ported that Mary Collier and Anna Keay
had declined the scholarships rendered them
under the provisions of the bequest, and
recommended that Clara Watkins, Estella
Adams and Ida Geary be elected in their
places.
The finance and auditing committee re-
ported that after notifying the Nordyke &1
Marmon Company OF its intention to enter
suit if necessary to recover the amount due
from them the bondsmen of ex-Treasurer
James w. TOoey, of the West indianapolis
School Board, the company had rendered an
admitted indebtedness to the board of be-
tween $700 and $500, which, because it's ac-
ceptance was made conditional on it being
acknowledged as 1.-THE balance due" was re-
fused by the committee and accordingly the
board attorney was authorized to sue for
$3,0l492, the real amount due.
Charles w. Smith, the attorney for the
board, reported that he was unable to take
any direct step toward preventing the
granting of a saloon license to parties at
the Indiana statutes do not provide, in
some States, against the location of a sa-
loon within any specified distance of
on the request of Superintendent of Build
ings j. 5. Dunlap for an additional allow
ance of 81 600 to make necessary repairs on
school buildings during the vacation period
that amount was appropriated.
The report of Special Supervisor George
ole
the children of school age in this city,
showed a gain of 1920 over the erroneous
report submitted in April, and an actual
gain of 1O26 over the census of 1897. The
details were as follows White males, II, ,3S9;
white females, 17,1S7; colored males, 1850;
colored females, 1875.
The April enumeration was considerably
different as follows: White males, 1915;
white females, 1924; colored males, 1910;
The finance committee reported in favor
Of extending the time for payment on the
coupon notes for deferred payments on the
Manual Training School building falling
due July l, and amounting to $26, 153 63 until
July 1, 1902, and the board authorized the
president and secretary to make the neces-
sary arrangements with the holders of the
notes
The pay roll for June, amounting to $685.
1922, and the back pay roll. amounting to
$61 625.37, were approved.
The following contracts for plumbing and
heating apparatus were awarded: School
No. 90. heating $2O9S plumbing $504, to ].
81 2o9S, plumbing $21OO, to j. s. Farrei &
Co.; school No 49, plumbing $3.50, to J. s.
Farrell & Co., heating $3.50. to Kruse &
Dewenter.
Quite a spirited discussion was INDUCED
in by the members of the board over the re-
ferring to a special committee of the pro-
test of Miss Edith Williams, former teach
er in No. sc school. in which the allegation
was made that she had been removed by
sharp practice According to her story as
detailed in communication to the board,
when the annual appointments were made
recently School &c was reported as being
without change of teachers, while in fact
she had been notified of her dismissal by
the superintendent. 1t was finally decided
to refer the matter to the special commit
tee for investigation. and several members
have stated their intention of voting for the
reinstatement of Miss Williams on cond-
ton that she is assigned to another school,