Omaha daily bee., 1907-02-11
AFFAIRS AT SOUTH OMAHA
Local Banks Complain They Havs Too
Much City Money at Present.
CASH REPRESENTS PROCEEDS OF BONDS
AnnexatiOnists Discussing the Advis-
ability of Forming Club TO
Further the Interests of
n Greater City.

Frank Moriarty OF the Packers National
bank made the statement a. few days ago
that his institution and the other banks of
the city had too much Of the funds OF the
city Notwithstanding the large deposit OF
the city funds, they we're In no ways a
permanent fund. Most of the money came
from the sale Of city securities. The av-
erage for the two months before December
Of last year was $4,000. OF this amount
s250,OOO was from the sale Of the sewer
bonds $4,000 was the amount remaining
of the city call fund after the purchase of
the city hall site at s16,S25: $500 was the
amount in the Missouri avenue paving fund.
Deducting this from the full amount, the
normal deposit would be only $4,000. This
has been the usual average OF the deposit.
with the close of the year and the pay
ment OF the annual tax levy of course this
was sweiled 70 a much greater figure, as II
Is every year. But notwithstanding this
the deposits are not unusually large II the
funds which have been raised for special
purposes are taken out South Omaha has
ample funds but the impression that there
is a great overplus in the treasury Of the
city is an error.
Annexation Club Talked of.
The more prominent citizens who are at
present favorins a union Of the interests
OF the two cities are at present speculatins
on the necessity OF forming an annexation
club. At present they are waiting only on
the attitude OF the legislature. 1t Is OBJ
vious that II the legislature intends to set
tie the matter at the present session there
is no need OF such an organization; but II
other action is determined on the club IL
ready to organize. The sentiment for i'm
mediate annexation is meeting less opposi'
ton. according to the statements of severa
of the champions Of Immediate union. Wher
the agitation began many were inclined &c
berate the idea, but now they are Willing
| to listen to the facts. They recognize thai
! there are two sides to the question.
Funeral of Mrs. Cox.
The funeral OF Mrs. Sherman r. Cor
was conducted yesterday afternoon from
the residence to st. Martins church. A
large number of sympathetic friends wert
in attendance. The services were conducted
by Rev. Father James Wise. The process
sion from the residence to the church was
several blocks long. The pail bearers wer,
mostly friends of Mr.. Cox among the com
mission men. They were w. B. Van SAINT
AL Powell Samuel Mort. John Ralston
Frank Wellman and Jay Laverty. The
| body was placed in the receiving vault al
Forest Lawn. The burial will be in thu
spring.
Mrs. Morris DegEan Dies Suddenly
The death of Mrs. Morris Deggan, 1901 c
street, occurred suddenly Sunday morning
at 3:45 a m. Death was due to heart fail
ure. She rose from her bed at that hour
| telling her husband that she did not fee
we'll. Almost Immediately she lay dow
again and expired. She was an old residen
of South Omaha and is survived by he
husband and four children, the eldest
child of II years. The funeral will be hell
Tuesday morning at $50 a m. at st. Mary
\ church.