Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1905-05-04

lool lol lllC OHoulHS tWO years.
Judges Buford and Lewis voted in
favor of the motion, and Judge
johnson voted in favor of accept
ing the bid of the Bank of Ironton.
After a month of chickering's and
chickering's, bluffs and counter
bluffs, the telephone users who
were out on a strike in the lead
belt country laid down to the
Pennington Telephone Company
last Tuesday night at /. meeting.
Bonne Terre, so far as we know,
was not invited or expected into
these conferences, and the news of
the Flat River country's lay-down
was shock to our people. How in
the world it could have happened
when they were right or the verge
of success, is simply beyond AK
planation. At $3.50 per month for
residence telephones, the number
is going to be greatly reduced, or
at least there will be few, if any,
new telephones added. The worth
of telephone to a business house
is measured by the number of res
licences in the territory of the bus
mess houses that the system reach
es, and it is lead-pipe cinch that
with the present number of resi-
dence telephones in Bonne Terre it
is not going to pay our business
men to dig up S36 per year. or the
interest on $500 at six per cent. for
the use of a telephone Bonne
Terre Register.
The following communication
was filed with the county esurt by
the Bank of Ironton, Wednesday,:
"a copy was handed to the REG
ISTER by Mr.. l.. A. Cook, cashier
of the Bank of Ironton, with the
request that it be published):
COUNTY OF IRON,
STATE OF MISSOURI. {
In the Matter of Becoming the County
Depositary.
In the County Court of Iron County-To
May Term, 1905.
Now comes the Bank of Ironton, doing
business in the City of Ironton, Iron Coun-
ty. Missouri, and represents to this honor
able court that it prepared and filed in writ
ing its bid, and the same delivered to the
clerk of the court on the first day of May,
1905, wherein it stated the rate of interest
that it was willing to pay on the funds OF
the county for term of two years next en-
suing the date of said bid, and the rate that
it proposed to give was four and three
eights (4%) per cent That said bid was
accompanied by check for the sum of One
Hundred and Seventy Five Dollars, that
being one half of one per cent OF the county
revenue of the preceding year. Your pc
titioner states that it complied with Article
6, Chapter 81, Of the Revised Statutes Of
Missouri, 1899.
Your petitioner further states that the bids
offered by the bidders to become the de-
positary of the county funds of Iron county
were opened at noon on the Ist day of the
May term of SAID court, 1905, and notwith-
standing that your petitioner bid two and
three eights (23S) per cent. more than any
other bidder, the same was rejected, and the
Iron County Bank was by this honorable
court selected as the depositary for all the
funds of the county, including school funds,
contrary to law, and against the best inter-
ests of the people of Iron county, for the
reason that it bid but two per cent. for such
funds. Petitioner states that the action of
the court was arbitrary and illegal, and in
face of the fact that petitioner was in every
respect able to preserve and protect the
county funds, including the school funds, as
the law provides.
Petitioner now requests that this honor
able court will spread upon the records of
the court, the reasons why it rejected this
petitioners bid, and in connection herewith
it moves the court to set aside the order
heretofore made in the premises, selecting
the said Iron County Bank as the depositary
of the funds of the county, including the
school funds, as the law directs, and select
the petitioner. Respectfully submitted,
w. T. GAY, President.