Evening journal., 1907-11-16
MORTGAGE GONE
FROM CITY'S BOX
Treasurer Ross in COmmuni-
cation Calls Councils
Attention TO 1t
LETTER WAS NOT READ

1t developed To-day that City Treas
urer Howard ID Ross on Thursday sent
TO city Council a letter calling atten-
ton to some delinquencies regarding
city funds and records. but that part
of the letter was not read in the ses-
sion of Council, although part Of the
communication referring to an anony-
nous contribution toward the purchase
Of the Glen avenue lots was read at
the session.
Treasurer Ross communication re-
ferred TO a deposit made Of a bequest
made TO the city under the win of
Elizabeth Turner, deceased. 1t also
called attention TO the fact that q
mortgage for $1,000 owned by the city
/ is missing from the city's strong box,
where it was supposed to be.
Il am the peoples servant, handling
the city's money" said Treasurer Ross
to-day land if anything is not right
in this Office I feel It my duty 70 see
that it is made right. Why only a
portion Of my letter addressed to city
Council should have been read / can
not understand. as the whole letter
dealt with matters which are Of COM
Germ to the taxpayers of the city"
That part of Treasurer Ross letter
which was not read In Council is as
follows:
Fund to Buy Fuel
Il wish formally TO call the atten-
tion of City Council TO a bequest made
the city by Elizabeth Turner, deceas-
ed, the interest from same TO go to-
wards the purchase of coal for the
poor Of the city AS a result of a re-
cent conversation with Mr.. John s.
Rossell. the secretary and trust officer
Of the Security Trust and safe Deposit
Company. I learned of the fund and
upon investigation found that same
was on deposit with the Artisans Saw
ings Bank. but that no record had been
kept IN the books of the city The be-
Quest was made to the city by Eliza
beth Turner deceased. and deposited
lin Union National Bank OF June ~,
llSS5. and was Withdrawn February l9.
11SS6. and invested In a certificate of
indebtedness OF the Mechanics Loan
Association by order Of the city cour-
ell. This association became bank
lrupt and It's affairs were placed in the
hands of the Security Trust and Safe
, Deposit Company as receiver by ape
pointment Of the Court of Chancery 4
dividend Of S852.6S was paid which was
, deposited I'm the Artisans Savings Bank
by order Of City Council The deposit
has since been credited with interest
amounting to $3.50. which makes a
total of S377.9S I'm the fund. / am adj
vised by AIr Rossell that there will
be a further dividend paid the city
on the full amount Of the claim (Sll0O
but that the whole amount Of the
claim can never be paid In full.
would respectfully recommend that the
accrued interest be transf. red 10 a
fuel account to carry out the terms OF
the bequest.
Mortgage Also Gone.
II desire to call the attention Of
/, city Council to the Herdiman Trust
Fund wherein a bond OF $1,000 was
held by the city from 1854 70 1884
when IL was redeemed and invested In
a mortgage Of $1,000 of Emmor e. Pol
lock and wife. bought from Heald q
Company on the property No. 1893
West Eighth street The interest has
= since been kept up by w. II. Green
walt. A search has been made In this
office and in the citys strong box IN
Z Union National Bank for the mortgage
] but It cannot be located. The only
bond and mortgage now in the GUS
e todv of the city is one Of +. Herman
. lBiedermann under date of April 8
I 1884. given in favor Of the Mayor and
= Council of Wilmington for the sum OF
4 5000. the interest on same having
< been regularly paid. / would respect
q fully urge that the attention Of the
r citv solicitor be called to this matter
D and that he be requested TO secure a
4 Iproper mortgage TO be held by the city
VERY respectfully,
. Howard ID. Ross,
"City Treasurer"