The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-02-11
BOND ISSUE AUTHORIZED
SCHOOL COMMISSIONERS WILL RAISE
100000 BY 1T.
on March 31-BOard's
Routine Affairs.

At the regular meeting of the School
Board last night the commissioners for
mally authorized the issuance of bonds to
the amount of 100000 under the authority
granted by the act of the Legislature APP
proved Jan. %. The bonds will draw 31s per
cent. interest payable semi-annually, on
July 81 and Jan. /. Bonds numbered from
to So inclusive. are to mature on July 1,
The bonds are to be negotiated through the
banking house of Winslow, Lanier & Co.,
OF New York.
The resolution adopted at the meeting
last night was put to a vote after the rules
had been suspended on motion of Commits
sioner Moores, seconded by Commissioners
Emerich. The resolution directs the bust
ness director to advertise for bids on the
bond issue in a local paper, and also in the
Commercial and Financial Chronicle of
New York. The bids are to be received at
II o'clock noon March 81, and are to be
opened at 4 o'clock and the awards made
at a special meeting to be held then. Each
bidder must send with his bid a certified
check amounting to per cent. of the total
amount of the principal of the issue, which
will be forfeited in the case of the success
tract for the purchase of the bonds.
Before the circular Is printed and sent TO
the various bond purchasers and the ad-
vertisements are inserted in the news
papers selected, the opinion of Storey,
Thorndye a. Palmer, of Boston, counsellors
at law and recognized authorities on bond
issues, will be obtained and printed in the
circular.
The board will not attempt to receive the
money from the bonds Immediately after
the sale of the paper, but will collect II in
fhrao inst In, Inv Arro nd na-
tober, at which times the payments on the
contracts for new buildings and grounds
will be due. A saving of at least 5000 in
interest will be made by the commission
ers in this manner.
ROUTINE AFFAIRS.
Other routine business was transacted by
the board. Miss Eliza G. Browning. Ii
brarian, was granted leave Of absence Of
one week, in which she will attend the
convention of the Daughters of the Ameri-
can Revolution to be held in Washington
during the month Of February. The IL
brarian reported to the board that there
are now ss.37s volumes in the public library.
and of these 22.6l2 were circulated during
January.
Bills amounting to s7,437.24 were contract
ed during the month by the school system,
and the accounts were approved and or
dered paid by the commissioners. Superin-
tendent Kendall recommended the appoint
ment of Alice Nj. Hull assistant prin-
cipal of the Washington School, TO take
effect Feb. 2. He also reported the resig-
nation of Charlotte Yule, a teacher in the
Irvington School.
A resolution providing that any employe
of the School Board would be subject to
suspension or dismissal if he refused to
pay any legitimate debt after ordered to do
so was passed by the board. Superintend-
ent Kendall was authorized to engage
space in the Educational Building of the
st. Louis exposition for the exhibit from
the schools of Indianapolis. The st. Louis
fair directors are the first to provide a
building for such exhibits, and schools OF
the world will be represented in the expo
sition.
Superintendent Kendall reported to the
board that School %, colored, was closed
Friday because OF the prevalence of small
pox in that neighborhood, and that Schools
10 and AZ. in West Indianapolis, had been
opened. He reported that the attendance
in the schools Is gradually decreasing anC
that the number of absentees is unusually
large. An order has been issued requiring
all of the school children to be vaccinatec
on or before Monday next, or be able &c
show a certificate from a physician that
they have been vaccinated within three
years. The vaccination will be superintend
ed by DR.. Frank Foxworthy. provision
of the order exempts from vaccination any
| child whom a physician certifies as beine
physically unable to withstand the effects
| of vaccination.