The morning journal-courier., 1908-02-14
Its Offer of Two and One Half Per Cent. on Average Daily Balances Accepted by
 Financiers.
;IsHoP PLAN REJECTED
Proposition Made by Owners, Through Counsel, Refused and More Liu- gation and Trouble Tinted
 at as a Result.

city hall for an hour or more waiting for Mayor Martin to come to the meeting the board of finance went into executive session last evening on the motion of Commissioner Miller at about 9:30 In the executive session the board decided to accept the prop osition made to it by the County Ma tional bank and to make that the city depository. The banks offer to pay 2 1-2 per cent on the average daily balances was accepted. Other propo- sitions were offered by the Mechanics National bank and the Merchants National bank. The former offered 2 12 per cent if it got all the funds of the city and the latter made an offer of only ? per cent. uncondition- ally. Money has been heretofore de- posited in both the Merchants and the Mechanics banks at per cent. inter- est
 In the executive session also the matter of the Bishop property, which concerns the projected extension of Grown street from State street to to Prindle street was taken up under the advice of Corporation Counsel Rogers, who had been sent for by tel ephone. The board decided not to ae cept proposition which had been made to it by Jerome Donovan and George Beers as attorneys for Edward F. Bishop and Frank c. Bishop. the owners Of the property. The proposi tion was made in a long mcr lscript which was read to the bocrd Jy Attor ney Donovan earlier in the evening, By it's action the board decided to ac- cept the award made to it by the court As Attorney Beers had hinted at possible hindrance of the exten- sion of the street, should the courts award alone be allowed them, 1t is quite possible now that the Bishop property tangle is not yet fully set tied.
 Tn the open meeting Attorney Beers had contended that the land really be came the possession of the city on April r last at the time of the trial in the superior court Then the money for the property was placed in the city treasury. He asked that 1t now be paid to the Bishops with in- terest added for the time from April 17 till now. after a deduction has been made for the amount of rents and profits that the Bishops have got out of the property during that time. He said that he and Attorney Done- van had full power to act in the mat ter.
 Chief Cowles of the police depart
 ut. .&r.A of the board to explain certain mat ters in the bills placed before the board by the police department at the time of the last meeting and which had not been fully understood. Often policemen were put down for ten or twelve days pay on one weeks payroll The chief explained this as being the result of one of the meth ods of paying the men that the com missioners have made use of for many years. At present the men are all lowed one day off every month. If they work on that day they are paid extra for so doing but not at the time Of their next weeks pay, but with their pay for the first week of the fol- lowing month. The same is true
 
 when the men are out on sick leave during month. The exclamation was satisfactory to the board. No action was taken on the bill
 The other bill that needed explain ing was one for a fund of s400 for the running expenses of the detective bu- reau. The chief explained that he thought this fund was entirely too small for a working fund anyway but it was tho same as has been asked for in former years. Out of it the detec- tives borrow money when they have not got it themselves for their expenses when they are out of town on police department work When they return to the city they make out requisition slips for the amount they have spent, which-is paid them. Then they pay hack into this running expenses fund the amount they have borrowed from it. The fund is also materially depleted during the year. the chief explained, whenever an outsider had to be called fin to help the department in cases where he would oe able to get in on the ground floor" better than any of the men of the regular force. The ex- penses of these men were paid for out of this fund he explained.
 The finance board voted to allow a salary of $50 year to the clerk of the board of relie1.
 A letter was read from the Italian daily newspaper of New Haven, the L'Independente. which asked that it be paid the same amount for printing the city's advertisements every year that the other papers of the city are paid. This is s1,2a0. The paper is at present getting $500.
 The manuscript of the two counsel for the Bishops with the proposition in regard to the property which was made the board of finance was as follows: To the Honorable Board of Finance oe
 the City of New Haven.
 Gentlemen: A question has arisen as to the right of the Messrs Edward F and Frederick C. Bishop to receive in terest on the sum assessed in their favor in connection with the Crown street extension from the date Of the original assessment, viz, April r. and the suggestion has been made that sucl interest should be figured only from January 20, 1908, the date Of the judg ment of the superior court modifying the assessment.
 With a view O.. ecoidng controversy