The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1906-03-29
IMPROVEMENT
BONDS ARE
SOLD
CContinued from First Page)

then suspended and the bond matter
taken up inasmuch as a number OF
/ parties We're present, who desired to
leave the city at IL O'clock Chair
man Green, of the Board of Bond
! Trustees, then read the report Of the
board on the opening of bids for the
sale OF the entire issue of $500, 600.
The names of the biddens and the
amounts they offered were read. Sea
/ songoOd & Mayer, bankers and brok-
/ erS, of Cincinnati. were the highest
i bidders, offering $685. 56 for the is
sue Of 100000, and the bond trustees
] therefore recommended that the
bonds be sold to that firm.
/ Alderman YOnge moved that the
recommendation of the bond trustees
be adopted. Upon roll call the vo-e
was unanimous.
The bona trustees recommended
that two New York banks be named
AIS repositories temporarily. This
was done, it being the understanding
that the money was not to remain
there, but that in order to transfer
Re bonds that it would be necessary
to have a depository. The committee
also recommended that one of the 40
cal banking institutions be named as
depository for the funds. Alderman
MuldOn objected to this unless the
word National was inserted. This
vas agreed to and the recommen Ia
ton adopted.
The bond trustees were instructed
to return certified checks to all the
bidders for the bond issue, which
accompanied their bids.
No Resident Engineer.
continuing his report, Chairman
Green. stated that the trustees mad.
been unable to come to an agreement
with J. n. Hazlehurst of Mobile. who
was considered as resident engineer
and had come to the conclusion that
it would be best to have only one en-
gIneer. he to fill the positions of resi-
dent and consulting engineer and 20
be known as engineer-in-chief In
line with this the trustees recon-
manded that T. Chalkley HattOn, of
Wilmington. be chosen for the posi-
ton. and to have charge of all eng;-I
neering work of the city. A PROPOSE
ton was made by Mr. HattOn that
he would accept the position, do MI
engineering. surveying. furnishing in
spectors and engineers and bearing
all expenses of their transportation
for 3 per cent of the amount expand-
Ell on improvements. Mr.. Green /
recommended that the proposition OF
Mr.. HattOn be accepted. and present !
ed a contract between the gentleman
and the city to be passed upon by tho /
council. The contract was read. Eul
If was decided before taking action /
upon it that a copy be furnished each
and a special meeting
held later to consider the matter.
The City Hall.
Plans and drawings of the proposed
new city hall were submitted for the
approval of the council by the special /
committee in whose hands the matter
had been placed. The drawings
show the building to be a handsome
one. as well as commodious and sub
1t is on the style of Span
ish architecture. The first plans
submitted were not satisfactory, Ow-
ing to the cost OF construction. The
plans were approved.
Contained Errors and Inaccuracies.
Before concluding his report Chair
man Green brought up the matter of
the purchase Of the water works
plant He stated in this connection
that the Board of Bond Trustees re-
yretted very much that the mayor
rad seen fit to read such a veto mes
sage as had been done, containing as
t did, many errors and inaccuracies.
The trustees, he said. had been
in their investigation
)ut asked that no action be taken at
his meeting. as several matters we're
z hand and being investigator Fhsl
'eQuest was granted.