The Marion daily mirror. (Marion, Ohio) 1892-1912, 1911-03-28
They Claim the $4,000 Is
sue is Illegal.
BUILDING SITES DISCUSSED
Senator Gore or E&- Cover
nor Folk May Speak.
These Men VIM Speak at Commence
; mem Exercises, II School Hoard
Desires--Oid Soldiers Complain and
New Flags WIN be Purchased
Bonds win he Readvertised.

Clerk ri. II. Hill read letter at the
regular meeting of the board of edu-
cation last night, from the firm of
Otis & Hough, bankers and brokers
Of Cleveland, who were the success
ful bidders on the $12.500 funding
bond issue to cover the indebtedness
of the board up to the present time.
The letter stated that the attorneys
of the firm had declined to approve
of the issue on the groupd that the
statute under which II is proposed To
Issue these bonds does not authorize
the issuance of bonds. which are really
fo~ the purpose of filling a deficiency
In the funds of the school district
They claim that Il Is not intended by
the statute 90 permit the changing of
mere floating Indebtedness into long
time obligations, which is In contra
.vention OF the statute. Because of this
they decline TO accept the bonds and
ask to have the guarantee deposit of
S2i0 returned TO them
Members Of the board think that the
bonds Will be easily sold to other com
panies and that the letter Is only
blum the firm is working because they
issue. The lawyers on the board de-
cided that the s12.500 bonds were in
accordance with the statutes govern
ing the issuance of bonds, SO they win
be readyertised and given to another
company. The guarantee deposit will
be held ana Otis & Hough will ,be
compelled to defray the expense OF the
advertising and the printing.
Nothing was done towards pur-
chasing a site for the new buildings
The board intended to inspect several
Of the proposed sites yesterday but
were forced to postpone the meeting.
because of the inclcment weather
The members are of one mind con
cerning the location of the new school
In the northeastern part of the city
remains a puzzle
One location, which the board has
been considering. Is situated between
Buckeye street and BellefontDine ave
nue.. The property between these fwo
streets Is owned by G. Edmondson ana
the II. Huber estate. Another site is
located west On Uncapher avenue ana
fsoaih OF the prdperty reTehtly' pur-
chased by the Maflon Steam Shovel
pdmpany. II Is owned by the Lippm
eoti brothers. A meeting OF i'c
board will be called by President ia
coby for the purpose of selecting a
site as soon as the weather viii per
inih Shonid IL be necessaryrto cor
'gaemn q site. the occupant must be
igiyen notice to yac2te pix weeks ~
advance. s.S .. - t, al
Regarding the commence emenl
speaker. pr. Hartman stated. that Tn"
men he has been instructed TO secure
for the occasion were unable 10 come
to Marion on the date set. but that
I1t was possible to secure tho services
of r. p. Gore. the blind senator from
| Oklahoma, or Ex-Governor j. w. Folk.
of Missouri The cost 10 bring either
of these men to Marion would be $500
and some of the members thought tha;
IL would be well worth the price FOR
the people to hear a speaker of such
prominence. The matter is in the
hands of a committee.
| An organization In the city had
asked for the auditorium Of the High
school In which to hold lecture the
latter part of June. One member
thought that the sun theater would
be enlarged by that time. The boart
did not take definite action on thu
matter but did not seem, to favor The