The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1913-04-18
Council Adopts Resolution that All
Meters be Purchased from In
dividuaIs After July
Levy is Made
TO DIVIDE FUNDS
AMONG The BANKS
ew Plan Effective Nov. | Salary
Raise Turned Down but May
or and Treasurer May
Get More Money

That the retiring city council is IN
favor Of the city purchasing the water
meters now owned BY individuals. ana
in the future making nll meters the
property Of the city, was manifested
yesterday at the council meeting by
the passage of o resolution fai oring
the purchase Of an meters from indi-
yiduals after the estimates are made
and passed upon by the excise board
which viii be in luly
The meters ara 10 Be paid for by
warrants drawn upon the operating
fund, which fund has been increased
BY tho water receipts until Il IS now
sufficiently large to allow the pur-
chase Of ihe meters IN question, the
payment being made from water re.
ceipts
The city dads all expressed them
selves in favor OF such action and as
having been in favor oi the civ own
ing It's own meters as soon as prac.
ticable. further showing that the pres.
ent time is the first that enough
money has been accumulated in the
operating fund, to permit such plr-
ehasea. The total win approximate
some amount in the neishborhood Of
$4,000.
petition signed by the five banks
Of ehickasha was presented, asking
that the funds OF the city be divided
equaily among them. and stating their
willingness 10 pay four per cent in
terest on daily balances and 70 take
care Of an city warrants without
charging the city interest on same,
On a motion by Collins. seconded b.
Spencer. section 70 OF the compiled
ordinances OF Cbickasha was repealed
ire same being relative TO the films
Of bids by banking institutions for th,
city funds
motion was made by Collins. sec
onded by Spencer. that the mayor ans
finance committee be authorized &,
enter into q contract with the tivI
banks. dividing che city funds equally
among them at four per cent. the con
tract TO take effect November /, 1918
The motion was bitterly opposed b.
Ed Evans. who made q motion tha
the proposition be turned over to th
ordinance committee with instruction
10 report back az the next meeting
This motion was lost on account Of ii
second.
Il want TO 20 on record as fightin
this proposition 70 the end, said Nj
Evans. Dividing this money up q
four per cent means q loss to the cit
zens Of Chlckasha Of about $1,000
year In Interest," It was argued b
members OF the council that while
certain loss ia interest would be su
fered. more would be gained by th
assurance Of the fact that the none
thus divided would be absolutely sal
and protected bg surety bonds Z
each bank Tor the amount Of city iun'
in their possession. The motion ca
rled, all members voting yes with Il
exception of Mr Evans.
The ordinance proposing a raise
the salaries Of certain city officia
was reported unfayorably by the orr
anoe committee An ordinance ra
ing such salaries was declared to
unconstitutional Il passed after t
city election. Mr.. Rnle, however. Sd
ed that in his opinion, the salary
the mayor while he was also acti
as police Judge and water comm
sioner should be at least $500 ye
Other OF the city dads expressed tn
sentiments as being the same and q
regarding the city treasurer.
Eyans stated that he thought the c
treasurer should receive o salary Of
least $1,000 per year It was sho
that the bond the city treasurer
y compelled to carry costs some $40
SIS per month. which, when paid
the treasurer himself, cuts his sail