The daily sentinel., 1907-02-18

day afternoon from JOhn l.. Gordon,
of Denver. well known bond deal
er:
Denver. Colo. Feb. 1G, 1907.
Douglass Mitchell,
Grand Junction. Colo.
'If you have contract wire me
probable time OF delivery of bonds.
Money ready, first one hundred thou
sand or all. Reply
JOHN l.. GORDON"
o'BoyIc and Mitchell.
Then there occurred an interesting
cross examination Of Mr.. Mitchell by
Mr.. o'Boyle as follows:
Mr.. o'Boyle-"Do you distinctly
understand. Mr.. Mitchell. that you
are to put up n bond equal to 20 per
cont of the contract?"
Mr. Mitchell-"I do. and am ready
10 do 80.
Mr.. o'Boyle-"You agree to place
the 100000 bond issue at par. and
viii accept these bonds as they are.
without reference to any future legal
complications that might arise?"
Mr.. Mltchell-"That is what we
are ready to do"
Al this point Attorney Sternberg
protested that sethman. the bidder
he represented, was not receiving the
consideration that he deserved. NO
sufficient notice was allowed Mr..
sethman to get here tonight. he is
the lowest bidder and should be con
sidered. Mr.. sternberg again urged
that the matter be left over even
If only till Monday afternoon or even
ing in order to give sethman another
chance to get here.
The Aldermen Talk.
Alderman Norris expressed his will
ingness to abide by the Judgment oi
the watcr committee. "They have
spent DAYS and months on this mat.
ter and for one am willing to take
their Judgment in the matter"
Alderman Lutes remarked that
every member of the council had Civ.
en- the proposition much time and
careful thought. not the water com.
mittee alone. Il believe that in nc,
eepting the Mitchell proposal we arc
awarding the contract to the only
straight, legitimate bid before tn,
council tonight"
Alderman Plat declared that he
was perfectly satisfied with the Nit.
ehell proposal. ITS the only bid
before us we can accept for the,
agree to take the bonds and we cant
let the contract to any one who will
not take the bonds unless the bonds
are already sold. There Is much
doubt as to whether Sethman would
want the bonds so there Is n ques.
tion as to whether we should wait
for him"
Contractor Mitchell believed that
Il was "up to the council to decide
It has sifted the matter to the bot.
tom. Sethman has had all the op-
portunities we have had and I don't
see why he should ask for moro time
on an uncertainty, have given the
water committee all the Information
was able, have kept my figures
low. We are ready to do business
and get to work"
Mayor llunting's Position.
Mayor Bunting took occasion just
here to express his opinion on the
matter and to make his position
clearly understood. He opened his
remarks by saying that he realized
the wearisomncss of the long problem
the council had combated with but
that he did not believe that "any
member of council feels weary from
we'll doing" In his opinion the Nit
chell bid and the Sethman bid in the
strict legal sense should be consider.
ed on the same basis. The fact that
one bidder was able to furnish tho
money for the bonds on the demand
and that the other bidder had not
made such proposition in his mind
had nothing To do with the legal
status of the bids ''The lowest hid
must be given some consideration un.
less we are thoroughly convinced thar
IL Il is not bona fide hid. II is Ger
tain that the Sethman bid Is lower
than the other. about 5000 lower.
'sethman states that he is willing
and believes he is able to do with
the bonds whatever any other con-