The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-27
CRISIS IN BOND H0LD-UP.
HASDLMUS CASE RE.tDT-JF THE
ASsEABLY rs OBDURATk

Party Leaders DiSEusted-City Loses Money,
workinEmen 60 Idle-The Trustee"
Clause in the Charter Enables CO.
Trustees to Intervene to stop Waste.
Unless tho obstructionists In the Council
and Board Of Aldermen change their attitude
toward the proposed city bond Issues the meet
ing oi the Municipal Assembly this afternoon
may be the last one at which they will have an
opportunity To act.of their own volision. The
papers In the application OF John Mctluade for
a mandamus to compel the Assembly to pass
bond issue OF $3.50. 900 to pay for work on the
Croton water system we're put In the hands Of
David McClure.yesterday. and II lie sxpected
that the Applicant On will be made day. At
least two other contractors to whom the city
owes money for accepted work. are prepared to
make application for maHdamuses. whether
they will do so depends on the action OF tho
Assembly. The leaders Of the political organ
izations In both borouRhs said yesterday that
they had used every means In their rover to
induce the characteristics to change their poll.
cy The leaders on both sides OF the river say
that they are disguised with the condition Of
affairs AMI that 1t Ia iniuring the prospects for
denomination OF several OF the Aldermen.
Patrick Spellman. business agent OF the
United Council Of PAYERS. Hammers. blue
tone Cutters. Flaggers and Bridge and Curb
Settlers. called on Mayor Van WICK and in
formed him that because Oft he delay in begin
ming work on improvements which await the
pleasure OF Northumberland se m bly,. many men
In these trades are out OF work and unable 10
pay their living expenses. He said that $500
members OF these organizations In Manhattan
and the Bronx were idle. Their condition. &C.
cordlng TO Srellman. is becoming desperate:
He told tho Mavor that some OF the more radical
members OF the organization wanted TO parade
to the city Hall ana let their condition be seen.
There seems to 30 no way for the obstruc-
touistg to making a final stand at to-
days meetings, Ia the Council Mr.. oakley.
the rsmmaps Ieadsr tGloTnE up ne e. an a.:
discharge oIthe Committee on Borough Affairs
from futiber r0nsdsrbati%dn o. the rsSoirtoh
i've borouEhs, The committee is deadlocked
on this resolution because it cannot agree on
discharge the com mittee is expected to smoke
the obstrnctionists out.
a.bopd issue Of S57O,O0O to pay for the Long
Island Water Supply Com pany's plant is
m"Te us nor hs than
in bonis.to pay for land seized for the sanitary
cn order for 3:3o oclocE. The ornosition to
II is wholly from the BROOKLYN contingent Of
the amounts due to the property owners The
bonds could hs sold for :! per cent.
day that he thought that the Long Island Wa
ter sTrpy bo1ds would 20 through Alder Gde
mittee is OF the same opinion. He thinks that
enough OF the opponents Of the issue have
changed.their minds. and that Il Will pass Mr.;
Issues favoraby. and has done all in It's power
to push them through.
Comptroller .Coler sent letter to Corpora-
tion Counsel Whaen YESTERDAY, quoting tho
charter nsupport vi his request that legal pro
ceedings be begun against tho Assembly. In
the letter he said:
Referring 70 nv re 'snt communIcation to
you in regard to the failure Of the Municipal
Assembly to vote on certain bond issues. and
sssnecialy the issue q $4,000 for the SAINT
Jake the liberty Of calling your attention to the
provisions OF section 30 OF the charter. which
provides not only that tho several members OF
rs trustees Of tho property. funds and effects OF
said city respectively. so far as such property.
ipnds or effects are or may be CON nm united to
VII officers OF the city co-trustess with them
Tor that purpose. and provides expressly that
INV co. trustee shall he entitled az against saii
trustees and in.regnrd to said property. funds
md effects to all the rights and privileges pro-
viied by law for any ,co-trustee or cesht Que
prevent waste and injury to any property.
funds and estate held in trust
refer to this section simply as bearing on
the standing in court which the Comptroller
might have to compe action by The Municipal
Assembly under the circums tan ces set:forth in
my last communication on this subject"
planning a counter demon stratlon against the
accuse the Board Ct Public Improve m ents and
meanors OF all SORTS. and they hone to be able
to raise a cloud II dust sufficiently thick to
Next Monday the Municipal Assembly will
receive the assessment rolls to be confirmed
They will also he called upon TO apportion the
100000 dercit Of last year among the bor-
over this. There may ne a deadlock. II there
II one 1t can he broken easily by any holder Of
revenue bonds through the courts