Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1909-08-19
TO KEEP BOND MONEY
IN THE TREASURY
1t Will Be Divided AMONG
Banks
Another Talkfest Over
Street Lights at
Council Meeting

Council worked in summer costume
last night Mayor and aldermen and
spectators DOTTED their coats, famed
themselves and hurried up their work
SO as to get outside of the hot cham
Der. There was but little talk, and
that little, as might have been ex-
pected, was two-thirds about a street
lighting incident. 1t grew out of the
application for a street ligh some time
ago from those living in dark spot
on Lamar street in east Americus.
The mayor called for a report from
the committee on lighting.
The committee, through it's chair
man, asked for further time.
THE light was put in day or two
after the petition was filed with Coun-
ell" said Alderman Hawkins.
Yes, said Chairman Allen, 1T was
done without authority, like many
other things have been done"
Wasn't it understood that if it was
put in it would be paid for?" asked
the mayor.
IF a bill comes in for it it will be
paid" was Chairman Aliens reply.
But there is no contract for it in
anyway, The idea is not to recognize
this company in any way, or to do
anything that could in the slightest
be twisted or construed into a con-
tract They put the light in upon their
own authority, and the city will pay
for it from month to month"
Isn't such payment simply part
Of an agreement?" queried the may
or. The light is up and the people
are getting the benefit of it and the
city will pay for it.
Yes, they may be getting the ben
efiet of it, which is more than can be
said of some of the lights" replied
Chairman AAaff.
"Well/ these people say they are
.anXiouS to put in first-class lights and
mayoy
Chairman Allen laughed somewhat
Isarcastically, and made no reply.
And thus closed the latest lighting
incident
School Bond Money.
About the only other really impOr-
tant incident of the very brief meet
ing was the announcement from
Chairman Eldridge that the sale of the
school bonds had been finally compile
ted III every respect, the money remit
ted from Cincinnati to New York, and
that today or tomorrow it would be
subject to the order of the city.
One or two of the aldermen suggest
ed that they thought the money should
be distributed among the five banks
which have been designated as city de-
pOsitOries
Mayor Fielder stated that this would
be done by the City Clerk
The discussion brought out the fact
that the city intends to hold the
money in its own treasury and not
turn it over to the Board of Educa-
tion in bulk. Some one asked about
the Boards right to the money.
The city has a bonded officer in
its treasurer" answered Mayor Eel
der. The Board of Education has no
bonded officer. | cOnstrue it to be the
right and duty of the city to carry
the money in its treasury subject to
the demands of the Board, paying it
out on the vouchers of the proper Off
cials of the Board of Education as
their needs require
Alderman Hawkins made some in
quiry about interest on the money.
This brought out the fact that the
city has not received interest on its
daily cash balances.
AS one of the aldermen facetiously
remarked, the balances of late would
be hard to find.
Mayor Fielder thought, though, that
the banks might be willing to allow
2 or per cent interest on the daily
balances of the school fund, as ii
might lie in bank for some time in
whole or in part.
1t is not improbable that the banks
will be requested to do this.
Bond Commissioners.
The ordinance making Messrs. NJ. M
Lowery and R. E. McNulty members
of the Bond Commission, representing
respectively the Americus National
Bank and the Commercial City Bank
was placed on it's passage and adopt
ed