Omaha daily bee., 1899-05-19
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BOARD OF EDUCATION MEETING.
Treasurer Hannah Called on to Ex-
plain His hid for School Bonds.

Treasurer Hannah Called on to Ex-
plain His Bid for School Bonds.
The Board of Education held a special ses-
sion last night for the purpose of giving
Cashier Hannah of the First National bank
of this city an opportunity to explain GER
tain matters in connection with the purchase
of the school bonds and to inform the board
at what time he was prepared to take up
the issue. From information received by
certain members the board had become sus-
picious that Cashier Hannans bid for the
bond issue had not been made in good faith
and this suspicion was strengthened by the
fact that rumors were current to the effect
that Mr.. Hannah was financially backing
the litigation brought against the board in
connecting with the Oakland avenue site
and in which proceedings the validity of
the bond issue has been attacked.
At the regular monthly meeting held last
Monday Chairman Stewart OF the finance
committee was deputized to wait on Cashier
Hannah and learn from him his intentions
in the matter. The conference was not en-
tirely to Member Stewards satisfaction and
he served the following notice on Mr.. Han
nan;
First National Bank OF Council Bluffs
Ia. Charles X, Hannah, Cashier: Some time
since the Board of Dierectors OF the inde-
pe0uenl SCnOOl ulSlIlCl OF tOuuCl
Ia, of which board the writer is chairman
OF the finance committee, requested the sec
retary of said board to investigate by GER
tain means the probability and so forth or
selling certain school bonds, the proceeds
when sold, to be used for designated pur-
pose The secretary has advised the board
that certain things have been done under
this request The board is creditably in
formed that you have proposed to do GER
tain things In relation to this matter.
There will be a meeting of the said board
at o'clock on Thursday evening, May 49,
1899, at the beard rooms in the Washing
ton avenue school building, at the usual
place of meeting in said district when this
matter will be taken up and disposed of
by said board.
You are requested to appear before said
board at said time and place and explain
your relation to this transaction, whether
you want to buy these bonds or not. II is
OF vital Importance TO the schools of this
district that this matter be settled at once
and unless you do make the necessary con-
tract for the purchase of these bonds with
said board and close the matter up the board
will, at the time and place mentioned
herein, take such action as in it's judgment
will subserve the interests Of the district
and promote the welfare of the common
schools therein.
The board has called the meeting afore-
said for the purposes mentioned herein and
directed the chairman OF the committee on
finance to give you this notice OF said meet
ing which is hereby accordingly done,
j. ]. STEWART,
Chairman Committee on Finance.
At the opening of the meeting and before
Mr.. Hannah put in an appearance, Mr..
Stewart made a verbal report Of his confer
ence with Cashier Hannah. Mr.. Stewart
said, among other things, that he believed
there was more behind the contract entered