The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1911-02-17

dslnds by the commissioners, a
z Sion Wednesday, was the in
<tion of much praise on the par
saer county officers and business
and was the cause of adverse
ism by the First National bank
2is city, which felt agrieved a
PrIntimation that the Craig county
I Iyers had been handed a lemon
/ Ider to be perfectly fair to all
i arned the Chieftain herewith pub
[ea in full the bids submitted by
x allied banks and the Interna.
Dank & Trust company.
y III a careful consideration of
/. 5oids and inquiry of the county
dlrer as to the amount of county
" likely to draw four per cent
as1 the bid of the six allied bands,
:. iiter is convinced that if Com
hers Sims and Costly can figure
We bid of the allied banks is
her etter bid, they can simply
b skure the county clerk, the county
bpfer and the representative of
II seftain.
charge was made this morning
az Chieftain is prejudiced to the
es Ink. To that charge the Chief
Fagt ally answer is that it tries to
|rq9she people of Craig county, as
Fss, its duty. The only thing that
Re deduced from the two bids
Rgtis that in the case of the allied
e 1.-THE county gets three per cent
~ balances, and the banks may
steVts they choose for warrants
expenses. In the case of
myernational Bank & Trust com
pa she county would receive three
Psat on daily balances and have
Ehaantee that all current expense
e would be cashed at par.
1 y of the First National bank
l1t is not the case. Then the
"a has erred. But what does
Psu Inty treasurer say? When in
/ fd this afternoon Colonel Flick
ES4the Chieftain's contention that
of the International Bank &
iompany was the better bid is
IN every detail. The objection
1 y the First National was that
eftain made no reference to
Il IT per cent extra, which the al
|'sgks agreed to pay on all de-
remaining in the bank six
This was the joker in the
Te county treasurer states that
county funds that would re-
!, the bank six months was the
on the bonded indebtedness
lust remain in the hands of
ssurer from January to July.
& 4rest on this amount he said
It exceed $25 or $50. So that
SQf getting current warrants
par the county will receive
q $50 additional interest and
veEs of warrants will have to
to sell their warrants for /
y can. Colonel Ficklin also {
s..sghe now had about $4,000 of /
IS fund invested in school
ID that before the end of this
zulu invest about $4,000 more.
"oftead of four per cent will
and six per cent. With
Us at hand the Chieftain is
Fable to see how the county ;,
I'D by the acceptance by the = =
. sbners of the bid of the six :,
these facts are not correct ).
| N,ns of the Chieftain are open :
y zion by the interested banks. q
ihpids are as follows: =
:, Jd of Allied Banks.
sen Vinita, Okla, Feb. 7.
Einpsd of County Commissioners
lin tng County, Oklahoma. w
undersigned, beg to sub. M
SLOWING proposition for hand. al
rigSnds of Craig county for ths gC
r SO years; pl
agP pay the county three per in
ssi " balances, interest credit W
for epnad of each month, and an al
liLo scnt per annum on all nc
sIt six months, interest to be of
1.-THE end of each six months ST
kes,a DIR
TAM be distributed among the We
sioE banks in proportion as sa
Il g paid up capital bears to he
sltid up capital of the under pu
KEGS. Th
|iga9the banks signed hereto, he
oT Enish bonds satisfactory to no
|'t