The morning journal-courier., 1908-02-07
CITY'S DEPOSITORY Finance Board Gets Into Dis ( cussion Over New Ap-
 pl.cation.
COUNTY RATIONAL ASKS
Question Also Raised Over the Pay. ment of Police on Days
 OH.

The regular weekly meeting of the board of finance was held in the board rooms in the city hall last evening With the exception of MT Farrell ev- cry member of tho board was present. Preceding the meeting Mayor James R Martin administered the oath of office to Charles Stevens, who took his place as a member of the board for the first time, MT. Stevens takes the place of MT. Logan who was appointed to the board of compensation py the mayor.
 communication from the New Ha- ven County National bank was read by City Clerk Devine. The letter asked that the institution be made city de pository. and stated that two per cent. interest per annuin would be paid on all balances.
 rather lengthy discussion followed the reading of this letter. MT Ess ask ed that the board call for bids from the | different New Haven banks. The con- sensus of opinion of the board was that this was unnecessary, because any bank was at liberty to send in bids If any time Then MT Ess read a section l from the city charter in regard 10 the depositing of city funds. But the board did not seem to think that the i section read altered the situation. MT Ess then moved that bids be call l ed for, but the motion was not second i cd
 Alderman Miller moved that until i bids had been called for the New Ha ven County National bank be designat- ed a city depository The two banks | that now handle the city's money are i the Merchants National and the Me | chanics bank, and each pay the citv 1 two per cent on deposits. Mir Ess un- willingly seconded MT. Millers motion and it looked as though things were all tangled up. when Mayor Martin suggested that the whole matter be ] referred to a special committee. This met with the approval of the board and a vote was passed to that effect May or Martin appointed Messrs Miller and Ess. and will himself be member of this special committee.
 All the bills that had come in since the last meeting were passed on anc approved without comment. with one exception. Mir. Miller was not quite sure that he understood the significance of some of the figures on the pay roll submitted by the police department The question he raised was that ii i looked as though the policemen were paid for thetwo da.s off they have each month, and if they worked, they were also paid, thus receiving two more days pay each month than they should receive The board directed that Chief CoWles be asked 10 be present at next weeks meeting to explain this
 At this point Mayor Martin asked to be excused to attend the meeting of the Economic club Alderman Miller was chosen to act as chairman pro tenn The rest of the session was de voted 10 the approving of bills.
 The board directed that the control Ter return certified check for s3n to Contractor Hill This check had been deposited with the controller as an ev- idence of good faith in contract N- Hill had with the board of education Mir Hill was given this contrac, bv the board of education. supposedly he ing the lowest bidder 4 retotal of his bid made the total s200 greater and higher than several other bids On Mir Hilfs calling the board Of finance, : attention 10 the matter, the board took the above action