The record-union., 1898-08-03
THE SITUATION UNCHANGED,
MAYORS REFUNDING PRoPO-
sITIoN WITHDRAWN.
trustees Against It-Taxpayers
VIII Continue to Come
Up Smiling.

Mayor Land yesterday formally with
urew the proposition submitted to the
BOARD or Trustees by him on the 10th
Oh June last, embodying a plan for re-
funding the bonded Indebtedness of the
CITY, and for abolishing the Bonded
Debt Commission
1He cnarter requires that seven men,
pers or the Board of Trustees voting
LOT the proposition We're required to
secure Its adoption, and at Monday
hlght meeting, when the resolution
Aor reIundlng was nearly pressed to a
vote, Its opponents developed a strength
sufncient to satisfy the most enthusi-
astic refunder that a vote meant moth
Ing less than defeat
With Trustee Bentley absent with
trustees Devine and Kent openly op-
posing the plan, Trustee Brown non
committal, and with Trustee Dolan ION
the fence and "open to conviction"
the battle was already lost, and before
the meeting set for o'clock yesterday
afternoon was opened Mayor Land had
accepted the inevitable, and decided to
withdraw the proposition entirely.
President Mckay called the meeting
to order and announced that it was
held for the purpose of discussing the
w
to lengthen out the brief statement,
but was cautioned by Trustee Tebbets,
who said he had an unpleasant duty to
perform, and he went at it hammer
and tongs, casting diplomacy to the
winds.
He said that as two members were
absent-kent and Bentley-and as there
seemed to be no chance of scoring 4
Iefunding victory, there would be lit
tie use of proceeding. He understood
the Mayor had addressed a communica-
ton to the board and he desired it
read
Nobody objected, even by so much
as murmer and Clerk Desmond. in
his best voice, read the message which
follows:
INDEFINITE POSTPONEMENT
Sacramento, Aug. ,, 1898.
To the Board of Trustees: Respect
fully referring to the resolutions Of
fered at your meeting last night pro-
viding for the refunding of the pres
ent existing city bonded debt ard
while adhering to my views in the past,
expressed both before your honorable
board and in the newspapers, and still
firmly believing that my policy in this
respect, if carried out would result in
y
dents Of this city, yet in view of the
strenuous opposition with which my
plan has been met by certain of the
members of your honorable board, the
Chamber of Commerce, and part OF
our local press, and by reason Of which
opposition / am convinced that the pro-
posed measure cannot receive the requi-
site number of votes in your honorable
board to carry the same, | therefore re-
spectfully withdraw the proposition
submitted to you by my message dated
June Is. 1898. and suggest that consid-
Grafton thereof be indefinitely post
poned Very respectfully.
WILLIAM LAND, Mayor.
For a few moments, and while the
message was undergoing digestion. an
ominous silence settled over both mem
bers and spectators Then Trustee De
vine recovered his breath and moved
that in accordance with the wish Of the
Mayor. further action on the bond
question be indefinitely postponed.
LAST OF REFUNDING.
President Mckay brought his gavel
down with a crash and ordered the
Clerk to call the roll. Calling the roll
was really a formal matter and indi-
Gated nothing as each member record
ed himself as being in favor of drop
ping the subject, and the business for
which the meeting had been called was
finished.
Then another short pause ensued, and
while Trustee Devine was getting ready
with a propoistbn to go on with the
discussion Trustee Tebbets interposed
a motion to adjourn, which was sec
onded by two or three members.
Trustee Devine began arguing the
matter. but was cut short by the ruling
of the President to the effect that mo
ton TO adjourn was not debatable, and
a roll-calI on the motion was ordered
Devine subsded, and while he and
Trustee Brown recorded their votes
against adjournment, the other five
menbers-President Mckay, Trustees
Dolan, Douglas. Paine and Tebbets-
sent in emphatic ayes" and the meet
ing was declared adjourned.
JUDGE HOLL EXPLAINS.
Before the last word had died away
on the Presidents lips. and before
Trustee Tebbets had got his hat firmly
on his head Trustee Devine was on
his feet. explaining that he had only
desired, when cut off, to state that
Judge s. S. Holl. one of the attorney 5
retained on the bond case shortly To
be tried in the Superior Court, was
present. and would. if the board so de-
sired, give the status of the case.
The Trustees who We're in the act Of
departing dropped into the nearest
seats and signified their Willingness to
hear Judge Hol, and Devine, having
carried his point, even though the
meeting had adjourned, smiled audi
bly,.
Judge Hollis resume of the suit now
1rsa icif
two years ago. he said. suits We're
brought by George F.. Bates and w :.
Kendall. involving the question as to
whether matured bonds bear interest
after maturity. The City Treasurer
was made the defendant in the matter.